North America Sodium Caseinate Market is predicted to reach USD 0.74 billion in 2024 and USD 0.91 billion by 2029, growing at a CAGR of 4.33% during the forecast period.
In the past decade, there has been a rapid growth in demand for functional food and drink products mainly targeted to prevent the degradation of health or to enhance the overall well-being of consumers. Sodium caseinate is manufactured by mixing sodium compounds like sodium hydroxide with extracted casein. This mixture is then dried to prepare sodium caseinate powder. Of all the protein content in milk, over 80% is accounted for by the casein family. On exposure to heat, the casein proteins become stable and thus survive pasteurization. This way they retain their original nutritional value. Sodium caseinate finds a wide range of applications in confectionary and bakery products and meat products.
Sodium caseinate has favorable stabilization and emulsification functions and acts as a viscosity booster. This is the primary driver of growth in this market and the increasing use of Sodium caseinate in ice creams, bread, biscuits, and other related products. Furthermore, the growing demand for bakery and confectionary products is anticipated to boost the demand for sodium caseinate, thereby driving the growth of the sodium caseinate market. Changing consumer lifestyles have raised dependency on processed, pre-cooked, and packed foods, which in turn is likely to fuel the demand for sodium caseinate over the aforementioned forecast period.
Sodium caseinate contains milk protein, which, in certain cases, is likely to cause allergic reactions and is the primary hindrance of this market. Regulatory bodies like the U.S. Food and Drug Administration (FDA) have strongly criticized the consumption of products with sodium caseinate by people with lactose sensitivity. All these factors are expected to inhibit the increase in the use of sodium caseinate, thereby negatively impacting the North American sodium caseinate market over the aforementioned forecast period.
Geographically the North America Sodium Caseinate Market is segmented into the US, Canada, Mexico, and the Rest of North America. By geography, the market is segmented into US and Canada. North America is anticipated to command a larger market share in the global sodium caseinate market over the aforementioned forecast period. This can primarily be attributed to the growing demand for packed and ready-to-eat food products in this region.
The major players in the market are Erie Foods, Clover Fonterra Ingredients Proprietary Limited, Charotar Casein Company, Nutra Food Ingredients LLC, Farbest Brands, FrieslandCampina DMV, AMCO Proteins.
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