Increasing health awareness among consumers is a key factor fuelling global micellar casein market growth
Micellar Casein is used in a wide array of applications such as beverages and smoothies, clinical nutrition, bakery, meat products, nutritional powders and bars, protein fortification, dairy beverages, supplements, infant nutrition, fresh dairy products, cheese and others. In terms of value, the global Micellar Casein market is anticipated to register a CAGR of 5.9% during the forecast period and is expected to be valued at over US$ 1,000 Mn by 2026 end. Fresh dairy products segment is expected to witness comparatively high CAGR during the forecast period. Increasing use of micellar casein in products such as yogurts is driving revenue growth of this segment.
Fresh dairy products and protein fortification segments are expected to gain significant market share by 2026 end
Supplements segment in the global micellar casein market is estimated to account for more than 20% value share by 2026 end.
The fresh dairy products segment is expected to gain 70 BPS over the forecast period and is expected to account for more than 10% value share by 2026 end. This is attributed to increasing use of micellar casein as a functional ingredient in dairy products.
Clinical nutrition segment is expected to register a relatively high CAGR
This segment is expected to witness a CAGR of 5.9% over the assessment period and be valued at more than US$ 100 Mn by the end of 2026.
This segment is estimated to create an incremental $ opportunity of nearly US$ 50 Mn between 2016 and 2026.
Increasing demand for high proteins baked goods is expected to drive growth of the bakery segment over the assessment period
This segment is estimated to register a CAGR of 5.2% over the forecast period and be valued at nearly US$ 35 Mn by the end of 2026.
This segment is estimated to create an incremental $ opportunity of nearly US$ 15 Mn between 2016 and 2026.
Increasing demand for healthy snacks by health conscious consumers globally is expected to drive revenue growth of the nutritional powders & bars segment
This segment is projected to witness a CAGR of 5.2% over the forecast period and be valued at nearly US$ 60 Mn by the end of 2026.
This segment is estimated to create an incremental $ opportunity of nearly US$ 25 Mn between 2016 and 2026.
Application wise market trends in the global micellar casein market
Use of micellar casein and whey protein blends, which are high in amino acids and provide functionality similar to natural milk, has been witnessing significant increase. Whey and casein are an ideal combination as they have a complementary effect on the body, wherein whey helps in the rapid increase of protein synthesis while casein prevents protein breakdown.
Quest Nutrition, a major manufacturer of nutritional bars and powders in the U.S., launched Quest Protein Powder in 2014, which is a blend of micellar casein, whey isolate and milk protein.
Cheese is a major application for micellar casein, but is prone to various regulations. These regulations are based on the fact that raw milk can be a potential carrier of pathogens. Fat content of cheese is regulated in some regions, and addition of micellar casein alters this fat content. As per FDA cheese standards, fat content in cheese should be between 23% and 44%.
Increasing consumer preference for natural or organic ingredients that are free from any additives is resulting in increasing demand for products such as micellar casein.
The high stability of micellar casein enables it to undergo ultra-high temperature treatment, thereby making it suitable for use in shelf-stable beverages.
Micellar casein is shelf-stable and soluble only at neutral pH. As most flavoured carbonated drinks are acidic in nature, they are not suitable for using micellar casein as an ingredient.
Future Market Insights presents an insightful analysis of the global micellar casein market in a new publication titled ‘Micellar Casein Market: Global Industry Analysis and Opportunity Assessment, 2016–2026’. In this report, Future Market Insights has focussed on presenting a global market outlook and the main aim of this report is to offer a crystal clear picture on the market opportunities in the global micellar casein market over a forecast period of ten years, 2016-2026. In this report, we have included an in-depth analysis of the key trends, drivers and restraints from the supply and demand perspectives to gain a comprehensive understanding of the global micellar casein market. In addition, impact analysis of key growth drivers and restraints based on the weighted average model are also included in the report to help clients take important decisions regarding this market based on our broad ranging analysis.
In this report, we have begun by giving a bird’s eye overview of the global micellar casein market. Our report provides analysis of the global micellar casein market in terms of market value (US$ Mn). To make our report structured and easy to comprehend, we have divided the report into three sections namely by application, by type and by region. After the overview, we have included a detailed and all-encompassing analysis of key trends and information about drivers and restraints from the supply and demand sides that will likely have a profound impact on the global micellar casein market. This kind of data will broaden the horizons of our clients who want to invest in the global micellar casein market and help them make strategic decisions that are bound to deliver results in the stipulated time frame.
A section of report discusses how the overall competition in the market is steadily increasing. It discusses various factors that are shaping internal as well as external competition in the market. Overall internal competition in the micellar casein market is studied to be comparatively low due to low number of major providers of micellar casein products in the market. Micellar casein is a relatively new product and as a result, many firms are focussing on expanding their current milk protein facilities, acquiring new facilities and entering into partnerships with new distributors. Various barriers to entry in the industry are analysed and rated on the basis of their impact on the competition level in the market.
The report talks about the market share of the global micellar casein market by its type which includes two segments – micellar casein isolate and micellar casein concentrate. A section of the report highlights micellar casein demand, region-wise. It provides a market outlook for 2016–2026 and sets the forecast within the context of the micellar casein ecosystem, including new technological developments as well as product offerings in the global micellar casein market. This study discusses key regional trends contributing to the growth of the micellar casein market globally, as well as analyses the degree to which drivers are influencing the market in each region.
A detailed analysis has been provided for every segment in terms of market size analysis for micellar casein across the globe.
The last section of the report is devoted to study the market performance of some of the top players operating in the global micellar casein market. In this competitive landscape, we have provided our clients with a dashboard view of the key market players, based on categories of providers across the value chain, market structure and their presence in the global micellar casein market portfolio along with their key differentiators. This section is important, as it gives the new entrants to the market a clear picture regarding the competition they will have to face in order to gain a foothold in the market and also gain understanding about the key strategies adopted by leading market players to gain the pole position in the global micellar casein market.
What is our research methodology?
In order to arrive at the market size of the global micellar casein market, we have considered various viewpoints based on secondary research. Furthermore, data points such as regional split and market split by segmentation and qualitative inputs from industry experts have been considered to arrive at suitable market estimates. The forecast presented in the report evaluates the actual revenue generated and expected revenue in the global micellar casein market over the forecast period. After this exercise, we have then analysed this massive amount of data gathered and validated it using different methods such as the triangulation method and also scrutinised the data using advanced tools to present deep insights into the global micellar casein market.
Stand out metrics included in the report
We have included several key metrics in our report in order to give solid figures that support our assumptions and assertions in the report. It is important to note that in an ever fluctuating economy, we not conduct forecasts in terms of CAGR, but also analyse the market on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and pinpoint the right opportunities in the global micellar casein market. As previously highlighted, the market for micellar casein is segmented into three categories. All these categories have been analysed in terms of Basis Point Share (BPS) to understand the individual segments’ relative contribution to market growth. This detailed level of information is important for identification of many key trends governing the global micellar casein market. Last but not the least, in order to understand the key market segments in terms of growth and performance in the global micellar casein market, we have developed a unique market attractiveness index to help clients identify real market opportunities.