Milk Protein Market - Top Companies and Manufacturers

  • Report ID: 6340
  • Published Date: Nov 27, 2024
  • Report Format: PDF, PPT

Companies Dominating the Milk Protein Landscape

    The global milk protein market is significantly competitive, with players such as Nestlé SA, Danone, and Arla Foods at the leading position. These companies maintain an edge in the competition due to their extensive availability of resources and innovation capabilities. Other players like Fonterra Co-operative Group and Lactalis Group are also key participants contributing through continuous product launches and geographical expansions. Industry leaders are refreshing their product lines due to the increasing consumer demand for more high-protein, health-oriented, and sustainable food options.

    In March 2024, Haven, New Zealand's premium infant nutrition company, launched the world's first 100% oat-based toddler drink: Heaven Oat. This new product is specially designed for dairy-intolerant children and plant-based parenting. It is an indication of the trend in the industry toward alternative and plant-based feeding solutions. This development mirrors a growing trend among firms to broaden their product offerings in line with the changing dietary preferences of the world consumer base.

    Here are some leading companies in the milk protein market:

    • Fonterra Co-operative Group Limited
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • DMK Deutsches Milchkontor GmbH
    • Agropur Cooperative
    • Saputo Inc.
    • Arla Foods Ingredients Group P/S
    • FrieslandCampina Ingredients
    • Lactalis Ingredients
    • Glanbia plc
    • Kerry Group plc
    • Dairy Farmers of America, Inc.
    • Nestlé S.A.
    • Chr. Hansen Holding A/S
    • Groupe Lactalis SA
    • Danone S.A.
    • Land O'Lakes, Inc.

Browse Key Market Insights with Data Illustration:

In the News

  • In July 2024, U.S.-based Ripple Foods launched Ripple Shake Ups Protein Shakes; these have been the first and only kids' protein shake designed to take on the challenges of "tweenage hanger" with a satisfying combination of 13g of plant-based protein and 3g of filling fiber.
  • In February 2024, Vivici—a start-up created by both Fonterra and DSM-Firmenich, which is based in New Zealand and the Netherlands, respectively—announced that it is ready to supply volumes at a commercial level of whey protein. At just over a year since its inception, this has become a huge step in shaking up the US 'animal-free dairy' category.
  • In February 2024, Swiss multinational Nestlé SA launched Better Whey, its first precision fermentation dairy protein powder. This lactose-free, animal-free whey isolate product was launched under the brand Orgain, in which Nestle acquired a majority stake in 2022 to strengthen its leading position in functional nutrition.
  • In November 2023, Valio launched Valio Eila MPC 65—a new milk protein concentrate to help manufacturers make products with better taste and healthiness in high-protein products by capitalizing on Valio's expertise in lactose-free milk proteins to meet growing global market demand.

Author Credits:  Parul Atri


  • Report ID: 6340
  • Published Date: Nov 27, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of milk protein is evaluated at USD 14.29 billion.

The milk protein market size was over USD 13.57 billion in 2024 and is poised to exceed USD 31.15 billion by 2037, growing at over 6.6% CAGR during the forecast period i.e., between 2025-2037. The market growth is owing to an array of favorable factors boosting consumer awareness of health and wellness, demand for functional foods, and sports nutrition products.

Asia Pacific industry is anticipated to hold largest revenue share of 35% by 2037, due to rising demand for infant milk protein powder in the region.

The major players in the market are Fonterra Co-operative Group Limited, Arla Foods Ingredients Group P/S, FrieslandCampina Ingredients, Lactalis Ingredients, Glanbia plc, and Kerry Group plc are some prominent companies.
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