Global Milk Protein Market Size study & Forecast, by Product (Concentrates, Isolates, Hydrolyzed), Form, Application and Regional Forecasts 2025-2035

The Global Milk Protein Market is valued approximately at USD 13.67 billion in 2024 and is projected to expand at a compelling CAGR of more than 6.30% over the forecast period 2025-2035. In an era where wellness is no longer a luxury but a necessity, the demand for nutrient-dense and functional food ingredients has surged to unprecedented levels. Milk protein, with its rich amino acid profile, muscle-repairing capacity, and bioavailability, has transitioned from being a dairy by-product to a cornerstone of modern nutritional science. This evolution is powered not only by the proliferation of health-conscious consumers but also by a rapidly expanding global sports nutrition and dietary supplement industry. As urban populations grow increasingly aware of the link between diet and performance, the call for natural, sustainable, and protein-rich products continues to drive this market into new frontiers.

In recent years, manufacturers have tapped into the growing fitness and clean-label trends by developing innovative milk protein formats such as hydrolyzed proteins for faster absorption and isolates for high-purity applications. Additionally, functional beverages and fortified foods are incorporating milk proteins to align with evolving consumer lifestyles. According to industry data, the rise of high-protein snacks, infant nutrition, and geriatric care products has created multiple touchpoints for product integration. Furthermore, the market is seeing heightened investment in R&D to enhance taste, texture, and solubility, which are critical to mainstream adoption. However, the industry also faces challenges such as allergen concerns and the rise of plant-based alternatives that are driving competition in both legacy and emerging markets.

Geographically, North America commands a significant share of the milk protein market owing to strong infrastructure in dairy production, a robust functional foods sector, and widespread consumer awareness. Europe follows closely, with countries such as Germany and France exhibiting high demand for clean-label and high-quality dairy ingredients. Meanwhile, the Asia Pacific region is poised for the fastest growth trajectory, led by soaring nutritional needs from expanding middle-class populations in China and India. A growing appetite for protein-rich diets, increased health and wellness expenditures, and government-backed initiatives supporting dairy innovation are propelling the region into the spotlight. Latin America and the Middle East & Africa are also emerging as potential growth areas, fueled by rapid urbanization and lifestyle shifts toward healthier eating patterns.

Major market player included in this report are:

• BASF SE
• Croda International Plc.
• Halliburton Company
• M&D Industries Of Louisiana, Inc.
• Trican Well Service Ltd.
• Aubin Group
• Impact Fluid Solutions
• Baker Hughes Company
• Chevron Phillips Chemical Company
• Cargill Inc.
• Kerry Group
• Glanbia Plc
• Fonterra Co-operative Group Limited
• Arla Foods Ingredients Group P/S
• Lactalis Ingredients

Global Milk Protein Market Report Scope:

• Historical Data - 2023, 2024
• Base Year for Estimation - 2024
• Forecast period - 2025-2035
• Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
• Customization Scope - Free report customization (equivalent up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players.

The detailed segments and sub-segments of the market are explained below:

By Product:

• Concentrates
• Isolates
• Hydrolyzed

By Form:

• Powder
• Liquid

By Application:

• Food & Beverages
• Dietary Supplements

By Region:

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific
• Latin America
• Brazil
• Mexico
• Middle East & Africa
• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Key Takeaways:

• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.