Africa Dairy Protein Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.20 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Africa Dairy Protein Market Analysis
The Africa dairy protein market is projected to register a CAGR of 4.2%, during the forecast period (2020-2025).
- The market is majorly driven by the increasing health care awareness and consumer's preference toward nutritional and healthy diets in recent times. In addition, consumer perception of the high nutritional content of infant formula due to the health consciousness of their children drive the growth for infant formula consumption made from dairy proteins.
- However, the rising adoption of veganism and high incidences of lactose intolerance are hampering the growth of the market. Additionally, fluctuations in raw material prices are a major challenge faced by the market players.
Africa Dairy Protein Market Trends
This section covers the major market trends shaping the Africa Dairy Protein Market according to our research experts:
Rising Demand for Whey Protein Isolate& Concentrates in Various Industries
Isolates are a form of whey protein that is high in protein content and are lactose-free, carbohydrate-free, fat-free, and cholesterol-free. They are dietary supplements and food ingredients made by separating components from milk. Also, whey protein concentrates are considered the most efficient and economical form of protein that the human body can digest and use. They are the cheapest types of whey protein available with the lowest amount of protein per 100g. However, whey protein isolates are the purest form of whey and are a complete protein since they contain all the essential amino acids that the human body needs to repair muscles after a workout. To reduce tissue damage and increase performance e, whey protein isolates are essential to get these essential amino acids into our diets. Isolates provide aeration in baked goods, such as muffins or cakes, and can be added into mousses and toppings. Whey protein isolates are an excellent replacer for other protein-based ingredients. For instance, when eggs/meat are not desirable due to cost, allergies, or other issues, whey isolates can be used instead as a substitute.
Acquisitive Demand of Dairy Proteins in the Production of Infant Formulas
Infant formula is usually made from low-fat cow or goat milk, or a mixture of these. Whey powder is mixed into cow milk to adjust the ratio of the casein and lactalbumin and increased lactose. Vegetable oil is then added to improve the ratio of the unsaturated fatty acid, thus formulating the first generation of infant formula. Infant formula is required to have all the necessities that can help a baby develop its digestive system. Dairy protein empties quicker from the stomach, as it stays in liquid form throughout the digestive process, in a baby. Whey is easier to digest than casein. Thus, baby formulas with high casein may be more difficult to digest. Adding whey ingredients to the diets of growing toddlers is believed to support their physical growth at a critical stage of their life.
Africa Dairy Protein Industry Overview
The Africa dairy protein market is competitive in nature having a large number of domestic and multinational players competing for market share. Emphasis is given on the merger, expansion, acquisition, and partnership of the companies along with new product development as strategic approaches adopted by the leading companies to boost their brand presence among consumers. Key players dominating the regional market include Olam International Limited, Lactalis Ingredients, Milk Specialties Global, and ·¡±è¾±-¾±²Ô²µ°ùé»å¾±±ð²Ô³Ù²õ, among others.
Africa Dairy Protein Market Leaders
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Olam International Limited
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Lactalis Ingredients
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Milk Specialties Global
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·¡±è¾±-¾±²Ô²µ°ùé»å¾±±ð²Ô³Ù²õ
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Amafu Stock Trading Pty.
*Disclaimer: Major Players sorted in no particular order
Africa Dairy Protein Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Ingredients Type
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5.1.1 Milk Protein Concentrates (MPCs)
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5.1.2 Whey Protein Concentrates (WPCs)
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5.1.3 Milk Protein Isolates (MPIs)
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5.1.4 Whey Protein Isolates (WPIs)
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5.1.5 Casein and Caseinates
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5.1.6 Others
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5.2 By Application
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5.2.1 Food
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5.2.1.1 Infant Nutrition
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5.2.1.2 Dairy Based Food
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5.2.1.3 Bakery, Confectionary and Frozen Desserts
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5.2.1.4 Sports and Performance Nutrition
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5.2.1.5 Others
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5.2.2 Beverage
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5.2.3 Personal Care & Cosmetics
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5.2.4 Animal Feed
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5.2.5 Others
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5.3 By Country
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5.3.1 South Africa
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5.3.2 Egypt
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5.3.3 Rest of Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Most Active Companies
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6.2 Most Adopted Strategies
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6.3 Market Share Analysis
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6.4 Company Profiles
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6.4.1 Olam International Limited
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6.4.2 Lactalis Ingredients
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6.4.3 Milk Specialties Global
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6.4.4 ·¡±è¾±-¾±²Ô²µ°ùé»å¾±±ð²Ô³Ù²õ
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6.4.5 Amafu Stock Trading Pty.
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- *List Not Exhaustive
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Africa Dairy Protein Industry Segmentation
The Africa dairy protein market has been segmented based on the ingredients, applications, and country. The ingredients segment consists of whey protein concentrates and isolates, milk protein concentrates and isolates, casein and caseinates, as the major products. Based on the application of dairy proteins, the various sectors are food & beverage, infant formulations, personal care, animal feed, and others. Also, the study provides an analysis of the dairy protein market in the emerging and established markets across South Africa, Egypt, and the Rest of Africa.
By Ingredients Type | |
Milk Protein Concentrates (MPCs) | |
Whey Protein Concentrates (WPCs) | |
Milk Protein Isolates (MPIs) | |
Whey Protein Isolates (WPIs) | |
Casein and Caseinates | |
Others |
By Application | |||||||
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Beverage | |||||||
Personal Care & Cosmetics | |||||||
Animal Feed | |||||||
Others |
By Country | |
South Africa | |
Egypt | |
Rest of Africa |
Africa Dairy Protein Market Research FAQs
What is the current Africa Dairy Protein Market size?
The Africa Dairy Protein Market is projected to register a CAGR of 4.20% during the forecast period (2024-2029)
Who are the key players in Africa Dairy Protein Market?
Olam International Limited, Lactalis Ingredients, Milk Specialties Global , ·¡±è¾±-¾±²Ô²µ°ùé»å¾±±ð²Ô³Ù²õ and Amafu Stock Trading Pty. are the major companies operating in the Africa Dairy Protein Market.
What years does this Africa Dairy Protein Market cover?
The report covers the Africa Dairy Protein Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Africa Dairy Protein Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Africa Dairy Protein Industry Report
Statistics for the 2024 Africa Dairy Protein market share, size and revenue growth rate, created by ÌÇÐÄvlog´«Ã½â„¢ Industry Reports. Africa Dairy Protein analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.