DUBLIN, September 17, 2021--(BUSINESS WIRE)--The "Global Casein Market Report and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The global casein market attained a value of about USD 2695.9 million in 2020. Aided by the growing health consciousness among the consumers, the market is projected to further grow at a CAGR of 5.7% between 2021 and 2026 to reach a value of USD 4020.3 million by 2026.
Casein refers to the protein obtained from mammalian milk and comprises 80% of the total protein present in the milk. Sheep and buffalo milk have higher casein content than others. Casein is a rich source of amino acids, minerals and vitamins, and is, therefore, increasingly used in nutritional and dietary supplements. It is especially used by bodybuilders to gain muscles due to its slow absorption rate. Casein is ubiquitously in the food industry, especially in the production of cheese. Moreover, these are also increasingly used in the paper, textile, paint, leather, and fibre industry, among others.
The global casein market is being driven by increased health consciousness among consumers. With the rising incidences of chronic illnesses such as diabetes and cardiovascular diseases worldwide, consumers are increasingly investing in nutritious and health-enhancing supplements, which is also estimated to contribute to the market growth.
The growing investments by the leading manufacturers in the research and development of casein products and their usage are predicted to aid in the industry growth extensively. The growing demand for nutraceuticals comprising casein is also expected to add to the market growth, which can be attributed to the growing geriatric population, which is more susceptible to contracting severe illnesses and injuries. Furthermore, the increased demand for casein supplements and cosmetics can be attributed to the rising disposable incomes among consumers. These factors are expected to aid the market growth in the coming years.
The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the key players in the industry.
Some of the major players in the market explored in the report are:
Westland Milk Products
Fonterra Co-Operative Group Ltd.
Arla Foods Ingredients Group P/S
Key Topics Covered:
2 Report Coverage - Key Segmentation and Scope
3 Report Description
4 Key Assumptions
5 Executive Summary
7 Industry Opportunities and Challenges
8 Global Casein Market Analysis
9 Regional Analysis
10 Market Dynamics
11 Value Chain Analysis
12 Price Analysis
13 Manufacturing Process
14 Project Details, Requirements and Costs Involved
15 Project Economics
16 Competitive Landscape
17 Industry Events and Developments
For more information about this report visit https://www.researchandmarkets.com/r/ihnf38
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