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Asia Pacific Casein and Caseinates Market By Applications (Food And Beverage, Industrial, Pharmaceutical, Cosmetics And Other), By Type (Sodium, Potassium And Calcium Caseinate) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2022 to 2027

Published: March, 2023
ID: 4626
Pages: 145
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Asia Pacific Casein and Caseinates Market Analysis:

Asia Pacific Casein and Caseinates Market was worth USD xx million in 2021 and is expected to grow to USD xx million by the end of 2026 with an annual CAGR of xx% between 2021 and 2026.

What are Casein and Caseinates?

Casein is a type of protein found in milk and provides a variety of amino acids. It is a gelatinous substance and is absorbed by the human body differently from whey protein. The most common forms of casein are sodium casein and calcium casein. The amino acids produce protein breakdown. It's slow, but it works for a long time. The milk produced by all mammals, including goats, cattle, water buffaloes, yaks, humans, and sheep, contains casein. Casein is formed during the processing of milk which looks like a gelatinous substance. When converted into protein powder, it acts as a slower-acting form of protein that is absorbed by the body in varying amounts. It is similar to other proteins that help build and repair tissue. Also called "other proteins," it is a rich source of easily digestible amino acids. Caseinate is a soluble salt of acidic casein. They are very functional and versatile proteins for many applications. Caseinates are suitable for a variety of applications such as food bars, functional foods, and beverages, sauces, cheeses, baked goods, etc.

Asia Pacific Casein and Caseinates Market Drivers:

The growing awareness of casein-based dietary supplements is expected to play an important role in the growth of the Asia Pacific Casein and Caseinates product. The rapid increase in urbanization among emerging economies is expected to increase the internal movement of professionals who are expected to promote the Asia Pacific Casein and Caseinates consumption as part of a 'culture on the move.' Factors such as lifestyle changes, increasing adaptation rates of the growing middle class, and socioeconomic and demographic changes are expected to drive demand for Asia Pacific Casein and Caseinates during the forecast period. The Asia Pacific Casein and Caseinates market expansion of leading dairy companies with access to dairy and dairy demand is expected to increase the number of production units around the Asia Pacific. The ready availability of Casein and Caseinates is one of the factors that is expected to drive the Asia Pacific Casein and Caseinates market. The public intervention consists of buying goods from public authorities and placing them in public warehouses for as long as necessary until market conditions can return to the Asia Pacific Casein and Caseinates market. For the dairy sector, public intervention is possible for butter and skimmed milk powder (LDP). In addition, the increasing application of Casein and Caseinates as a cosmetic and personal care industry, especially as a hair and skin conditioning agent, is another factor that is expected to stimulate the Asia Pacific Casein and Caseinates market.

Furthermore, factors such as technological advances that induce the anti-allergic properties of casein products are expected to increase the Asia Pacific Casein and Caseinates consumer acceptance. The growing preference for protein and vitality bars, caffeinated beverages, dietary supplements, multivitamins, and weightlifting supplements is expected to drive the Asia Pacific Casein and Caseinates market growth. Due to busy work schedules and structural changes in urban life, increasing health problems are expected to lead consumers to Asia Pacific Casein and Caseinates products. The tendency of millennials to skip breakfast due to their "migratory culture" is expected to trigger the growth of the Asia Pacific Casein and Caseinates market. Rapid urbanization, rising consumer trends, and growing consumer concern about health issues are expected to drive the Asia Pacific Casein and Caseinates market demand during the forecast period.

Asia Pacific Casein and Caseinates Market Restraints:

Rising manufacturing costs and raw material prices for the production of casein and caseinates are expected to hamper the growth of the Asia Pacific Casein and Caseinates market during the forecast period. Increasing demand for casein and casein due to health benefits may somewhat offset the growth limitations of the Asia Pacific Casein and Caseinates market.

Asia Pacific Casein and Caseinates Market Segmentation Analysis:

By application, the Asia Pacific Casein and Caseinates market is segmented into Industrials, Food and Beverages, Cosmetics, Pharmaceuticals, and others. Among them, food and beverages currently occupy first place in the Asia Pacific Casein and Caseinates market. Continuing on, this segment is expected to gain an advantage over other application segments in the Asia Pacific Casein and Caseinates market. At the same time, industrial applications are expected to look attractive in several regions during the forecast period. 

By Type, the market is segmented into Potassium, Sodium, and Calcium Casein. Sodium casein dominates the global casein market with a 45% share. Sodium caseinate occupies an important part of more than half of the Asia Pacific Casein and Caseinates market. Sodium caseinate has a variety of uses in the food, beverage, health and personal care, pharmaceutical, and feed industries. Prominent producers are targeting a variety of launches and innovations to meet the growing demand for casein. However, as the incidence of orthopedic diseases such as osteoporosis, osteoarthritis, scoliosis, and other bone abnormalities increases, the demand for calcium casein is increasing rapidly. People experience calcium deficiency after a certain age, leading to the aforementioned disorders, which require calcium supplements.

Impact of COVID 19 on the Asia Pacific Casein and Caseinates Market:

The Asia Pacific Casein and Caseinates market has also been affected by this slowdown. During the first months of the pandemic, it was difficult to secure raw materials for production due to logistical constraints. This caused the shutdown of most of the production. Fortunately, growth has continued with increasing demand for healthy functional foods. While consumers are now keen to follow a hygienic lifestyle, investments in immune-boosting foods are strong traction for foods and drinks containing Casein and Caseinates. Recognizing this growing demand, prominent manufacturers are turning to online sales platforms to allow consumers to access their products. Mandatory social distancing and wearing personal protective equipment have proven to be very helpful in maintaining work continuity. Thus, a stable path is predicted for the Asia Pacific Casein and Caseinates market in the short-term forecast.

Regional Analysis

The Asia Pacific region, excluding Japan, is expected to see significant growth in the casein and casein markets over the next several years. The increase in demand for food and beverage industries in the region is expected to improve the growth of the Asia Pacific casein and casein markets during the forecast period. In terms of production and consumption, the growth of the Indian dairy industry is contributing to the Asia Pacific region, excluding the Japanese markets for Casein and Caseinates products. South Asia is expected to register remarkable growth during the forecast period. This growth is an integral part of the overall expansion of the dairy industry in Asia. These developments have led to an increased presence of casein manufacturers in the South Asian Casein and Caseinates market. Additionally, consumers are becoming more health-conscious in the region, which is driving demand for nutrient-dense functional foods. This is driving demand for Asia Pacific Casein and Caseinates supplements. In addition, applications in the pharmaceutical sector are driving growth in the Asia Pacific region.

Top Leading Company :

The main players in the Asia Pacific Casein and Caseinates market are Arla Foods AMBA, Amco Proteins, Bhole Baba Dairy Industries Ltd, Armor Proteins, Clarion Casein Ltd., Charotar Casein Company, DE CV, Dilac SA, Erie Foods International Inc., EPI Ingredients, FrieslandCampina., Fonterra, Kerry Ingredients, Glanbia, Plc., Lactoprot, Kerui Dairy Products Development Co., Ltd., Venus Casein Products, Tatua Co-Operative Dairy Company Ltd and Westland Milk Products.

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