Europe Casein and Caseinates market size is expected to be worth $ 1.06 billion in 2024 and is expected to grow to $ 1.42 billion by the end of 2029 with a compound annual rate of 5.98% between 2024 and 2029.
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 in a different way from whey protein. The most common forms of casein are sodium casein and calcium casein. The amino acids it produces prevent 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.
Growing consumer awareness of healthy eating habits has driven the intake of Europe Casein and Caseinates market.
Increased awareness of the health benefits of Casein and Caseinates and the increasing demand for and adoption of Casein and Caseinates supplements and diet foods by athletes and others that kind of physical activities are driving the Europe Casein and Caseinates market. Several demographic factors, such as increasing urbanization, the influx of the workforce from a younger population, changes in eating habits, and a greater interest in the physical attractiveness of men and women in many countries around the region, are other factors key that are expected to drive Europe Casein and Caseinates market growth. The move-food transition trend and cultural shifts caused by fast-paced lifestyles are expected to increase demand for various Casein and Caseinates related products, such as weightlifting bars and supplements. Also, many companies are inducing anti-allergic properties. Casein and Caseinates products that are expected to increase acceptance among consumers and increase sales and revenues for players in the Europe Casein and Caseinates markets. Increased consumption of dairy-containing casein, growth of the dairy industry, and increased awareness of health benefits will drive growth in the Europe Casein and Caseinates market. The growing demand for protein-rich foods around the world is expected to drive the growth of the Europe Casein and Caseinates market. This is due to an increased awareness of the benefits of protein, such as weight loss and the promotion of muscle growth. Europe Casein and Caseinates are also increasingly used in general nutrition due to their excellent ability to release amino acids slowly. The growing demand for cheese around the Casein and Caseinates is expected to accelerate the growth of the Europe Casein and Caseinates market. The increasing adoption of advanced technology in the food and beverage industry has made Casein and Caseinates readily available. Apart from this, the increasing use of caseinate as an emulsifier is providing new opportunities for casein manufacturers to increase the Europe Casein and Caseinates market share.
Rising manufacturing costs and raw material prices for Casein and Caseinates production are expected to hamper the Europe Casein and Caseinates market growth during the forecast period. The Casein and Caseinates manufacturing process is complex and essentially requires expensive equipment. Therefore, the high manufacturing cost of casein and caseinate is expected to hamper the growth of the European casein and caseinate market during the forecast period.
Impact of COVID 19 on the Europe Casein and Caseinates Market
The Europe 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 has proven to be very helpful in maintaining work continuity. Thus, in the short-term forecast, a stable path is predicted for the Europe Casein and Caseinates market.
This Research Report on Europe Casein and Caseinates Market is segmented and sub segmented into following categories
Europe Casein and Caseinates Market By Application
By application, the Europe Casein and Caseinates market is segmented into Industrials, Food and Beverages, Cosmetics, Pharmaceuticals, and others. Among them, food and beverages currently occupy the first place in the Europe Casein and Caseinates market. Continuing on, this segment is expected to gain an advantage over other application segments in the casein and casein acid market. At the same time, industrial applications are expected to look attractive in several regions of the world during the forecast period.
Europe Casein and Caseinates Market By Type
By Type, the Europe Casein and Caseinates market is segmented into Potassium, Sodium, and Calcium Casein. Sodium casein dominates the Europe Casein and Caseinates market with a 45% share. Sodium caseinate occupies an important part of more than half of the Europe Casein and Caseinates markets. 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 and Caseinates. 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. After a certain age, people experience calcium deficiency, leading to the aforementioned disorders, which require calcium supplements.
REGIONAL ANALYSIS
Europe is poised to take a significant share of the market for Casein and Caseinates. The European Union is a major producer of milk and milk products integrated within the framework of a common organization of the Europe Casein and Caseinates market. Milk production in all EU countries represents a significant part of EU agricultural production. Total EU milk production is estimated at around 155 million tonnes per year, with Germany, France, the UK, Spain and Italy leading the way. The high performance is also due to various intervention policies adopted by the EU to protect the dairy and dairy sector from market turbulence. They consist of public interventions and private repositories.
KEY PLAYERS IN EUROPE CASEIN AND CASEINATES MARKET
Key players in the Europe 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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