United States Casein Market 2022 | Report, Price Trends and Forecast 2027
The latest research study “United States Casein Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the United States casein market size reached 39.08 Thousand Tons in 2021. Looking Forward, IMARC Group expects the market to reach a volume of 49.82 Thousand Tons by 2027, exhibiting a CAGR of 4.04% during the forecast period (2022-2027).
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Casein is a protein found in the milk of mammals such as cows, buffaloes, sheep, yaks, and goats. Its commonly available variants include caseinate, acid, and rennet. It contains phosphorus, calcium, carbohydrates, and essential amino acids. It appears as a tasteless, odorless, and amorphous white solid that forms a gel in the stomach to slow down the rate of absorption and digestion. It helps improve digestion, delay hunger, support muscle recovery, promote muscle growth, and enhance metabolic rate. As a result, casein finds extensive applications in numerous industries, including pharmaceuticals, cosmetics, and food and beverage across the United States.
United States Casein Market Trends and Drivers:
The United States casein market is primarily driven by the rising product use in the manufacturing of caseinate products. Moreover, there has been a rise in the use of casein as a key ingredient in instant breakfasts, coffee whiteners, milk, and nutritional beverages. In line with this, the rising health consciousness among consumers is positively influencing the market growth.
Additionally, casein is low in calories and contains vital nutrients for healthy body growth. Consequently, the escalating demand for protein-rich food products, such as milk, yogurt, cheese, butter, and ghee, has catalyzed market growth. Besides this, the surging adoption of casein in the food and beverage industry is another major growth-inducing factor.
Furthermore, the rising use of casein in numerous processed foods, such as formulated meat products, baby food, infant formula, puffed snacks, whipped foods, and sports nutrition products, is contributing to the market growth. Other factors, including rising investments in research and development (R&D) activities, increasing consumer preferences for dietary supplements, and product innovations, are also anticipated to drive the market further.
United States Casein Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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The report has segmented the market on the basis of region, product type and end use.
Breakup by Product Type:
- Rennet Casein
- Acid Casein
Breakup by End Use:
- Food and Beverages
Breakup by Region:
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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Source : United States Casein Market Report, Price Trends, Growth and Forecast to 2022-2027