What is Milk Protein Concentrate (MPC) - Global Market?
Milk Protein Concentrate (MPC) is a highly concentrated source of milk proteins that is widely used in the food and beverage industry. It is produced by ultrafiltration of skim milk, which removes the lactose and minerals, leaving behind a product that is rich in protein. The global market for MPC is substantial and continues to grow. In 2022, the market was valued at a whopping US$ 1151.9 million and is projected to reach US$ 1420.2 million by 2029. This represents a compound annual growth rate (CAGR) of 3.0% from 2023 to 2029.
Content＜70%, Content: 70%-85%, Content＞85% in the Milk Protein Concentrate (MPC) - Global Market:
The MPC market can be segmented based on the protein content. There are three main categories: Content＜70%, Content: 70%-85%, and Content＞85%. Each category has its own unique characteristics and applications. MPC with a protein content of less than 70% is typically used in lower-cost products, while those with a protein content of 70%-85% are used in a wider range of products due to their balanced nutritional profile. MPC with a protein content of more than 85% is considered premium and is used in high-end products.
Dairy Products, Nutrition Products, Cheese Products, Others in the Milk Protein Concentrate (MPC) - Global Market:
MPC is used in a variety of areas including dairy products, nutrition products, cheese products, and others. In dairy products, MPC is used to increase the protein content and improve the texture and taste. In nutrition products, it is used as a protein supplement due to its high protein content and excellent amino acid profile. In cheese products, MPC is used to enhance the cheese yield and improve the texture. Other applications of MPC include bakery products, beverages, and infant formula.
Milk Protein Concentrate (MPC) - Global Market Outlook:
The global MPC market is dominated by North America, which accounts for over 40% of the total market share. This is followed by Europe and Asia Other, each accounting for over 30% of the market share. The high market share of these regions can be attributed to the high consumption of dairy products and the growing demand for high-protein products.
| Report Metric | Details |
| Report Name | Milk Protein Concentrate (MPC) - Market |
| Forecasted market size in 2029 | US$ 1420.2 million |
| CAGR | 3.0% |
| Forecasted years | 2023 - 2029 |
| Global Milk Protein Concentrate (MPC) market, by region: |
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| Global Milk Protein Concentrate (MPC) market, Segment by Type: |
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| Global Milk Protein Concentrate (MPC) market, by Application |
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| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
