PUBLISHER: The Insight Partners | PRODUCT CODE: 1764967
PUBLISHER: The Insight Partners | PRODUCT CODE: 1764967
The North America caseinates market was valued at US$ 693.51 million in 2023 and is expected to reach US$ 1,164.17 million by 2031; it is estimated to register a CAGR of 6.7% from 2023 to 2031.
Increasing Demand for Dairy Protein in Food Supplements Fuels North America Caseinates Market
Caseinates are dairy proteins rich in essential amino acids and considered high-quality proteins that can help build and repair muscles, support immune function, and improve overall health. Dairy proteins such as caseinates are the building blocks of skin, bones, muscles, and blood. The human body requires protein to produce enzymes, hormones, and other body chemicals. Food supplements infused with dairy protein are used on a large scale, owing to the rise in healthcare awareness among consumers. Thus, they are shifting their focus to nutritious and healthful diets and increasing their protein intake by consuming dietary supplements made from dairy protein. The increasing elderly population boosts the demand for food supplements infused with dairy protein due to its balanced composition of essential amino acids. In recent years, consumers have become highly conscious of their health and fitness due to the growing prevalence of various diseases, including cardiovascular disorders, and several medical conditions such as high blood pressure, diabetes, obesity, and high cholesterol. As a result, the popularity of dietary supplements is rising across the world. Caseinates are extensively used in manufacturing protein supplements. They are considered one of the major sources of essential amino acids that improve muscle strength and are beneficial for preventing age-related muscle loss. The growing demand for protein supplements from fitness enthusiasts and sportspersons, as well as the aging population, drives the demand for caseinates among supplement manufacturers. Thus, the rising demand for dairy protein in food supplements propels the cause of market growth.
North America Caseinates Market Overview
North America is one of the prominent regions for the caseinates market due to the significantly growing food & beverage industry. The US and Canada are among the significant consumers of dairy products worldwide. It is one of the world's largest consumers of processed food & beverage products, such as confectionery, bakery, and dairy, which, in turn, is increasing the demand for caseinates as they are considered emulsifying and stabilizing agents. Caseinates also enhance the self-life of ready-to-eat convenience products. The rising prominence of nutrition enhancers in food and beverages, owing to increased awareness about maintaining healthy lifestyles among individuals, strongly impacts the caseinates market. Casein and caseinates are gaining immense traction among consumers and food manufacturers owing to the role they play in strengthening the immune system and promoting appetite satiety. Casein and caseinates can be found in many different meals, such as energy bars, processed cheese, baked products, and dairy alternatives. Their functional properties, such as emulsification, gelation, and water-binding ability, make them valuable in food composition. Moreover, the increasing demand for convenient and on-the-go healthier beverages propels the demand for sports nutrition products such as RTD sports drinks, and protein bars. Also, to boost their performance in workout or for quick recovery, consumers are inclining towards consumption of sports supplements. Due to strong amino acid profile and muscle recovery function, caseinates are significantly used in sports nutrition products as an ingredient. Thus, the shift in consumer lifestyle is boosting the demand for sports nutrition products, further driving the caseinates market growth in the region.
North America Caseinates Market Revenue and Forecast to 2031 (US$ Million)
North America Caseinates Market Segmentation
The North America caseinates market is categorized into product type, application, and country.
Based on product type, the North America caseinates market is segmented into sodium caseinate, calcium caseinate, potassium caseinate, and others. The sodium caseinate segment held the largest market share in 2023.
In terms of application, the North America caseinates market is categorized into bakery & confectionery, dairy & frozen desserts, beverages, soups, sauces, and condiments, infant formula, dietary supplements, and others. The dietary supplements segment held the largest market share in 2023.
By country, the North America caseinates market is segmented into the US, Canada, and Mexico. The US dominated the North America caseinates market share in 2023.
Royal FrieslandCampina NV, AMCO Proteins, Fonterra Co-Operative Group Ltd, Milk Specialties Global, Farbest Tallman Foods Corp, Erie Foods International Inc, Glenstal Foods, Tatua Co-Operative Dairy Co Ltd, Ornua Co-Operative Ltd, and Lactoprot Deutschland GmbH are some of the leading companies operating in the North America caseinates market.