Textured milk proteins are basically milk protein ingredients which are manufactured by retaining the protein portion of the milk while draining off the fats and water content.
Due to the COVID-19 pandemic, the global Textured Milk Protein market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Textured Milk Protein market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Textured Milk Protein landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
Powder accounting for % of the Textured Milk Protein global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Supermarket segment is altered to an % CAGR throughout this forecast period and will hold a share about % in 2028.
The global major manufacturers of Textured Milk Protein include Fonterra, Ingredia, Kerry Group, Socius Ingredients, Hilmar Cheese and Arla Foods Ingredients, etc. In terms of revenue, the global 3 largest players have a % market share of Textured Milk Protein in 2021.
This report focuses on Textured Milk Protein volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Textured Milk Protein market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe and Asia-Pacific, etc.
Global Textured Milk Protein Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Powder
Liquid
Segment by Application
Supermarket
Convenience Store
Online Store
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Fonterra
Ingredia
Kerry Group
Socius Ingredients
Hilmar Cheese
Arla Foods Ingredients