Vantage Market Research
Jan 23, 2023
In terms of revenue, the Global Milk Calcium Market is expected to reach USD 50.3 Billion by 2028, growing at a CAGR (Compound Annual Growth Rate) of 6.00% from 2022 to 2028.
Whey, a byproduct of cheese making, is filtered to produce Milk Calcium concentrates. Multiple isolation processes are used to fractionate the whey, after which it is dried and powdered into powder form. These are used to give nutrition by being added to infant formulae, healthy foods, beverages, and other products because they are rich in calcium, potassium, sodium, and other necessary minerals.
One important factor driving the demand for calcium-rich foods and beverages is the increased frequency of bone-related illnesses, such as osteoporosis and osteopenia, among the general population. In addition, the prevalence of calcium shortage is rising worldwide due to several factors, including inadequate calcium consumption, drugs that reduce calcium absorption, autoimmune illnesses, and other factors.
Key Developments in the Industry
· In June 2022, Sachsenmilch Leppersdorf GmbH and FrieslandCampina DOMO agreed to transfer three manufacturing facilities and five dairy product brands.
· Arla Foods Ingredients Group P/S introduces two new early-life nutrition products in March 2022 to broaden its organic product line and boost its market share in the organic sector.
· In an effort to broaden its product offering, FrieslandCampina DOMO announced in February 2021 a new agreement with Cayuga Milk Ingredients for manufacturing its Refit milk proteins MPI 90 and MPC 85.
Market Dynamics
Illnesses, including osteoporosis, osteopenia, and other mineral deficiency disorders, are becoming more commonplace worldwide. The prevalence is growing along with the aging population. For instance, the international prevalence of osteoporosis in older men and women is approximately 35.3%, according to a population-based study from 2021 that was published in the Journal of Orthopedic Surgery and Research. In addition, the Asian Federation of Osteoporosis reported in 2018 that the number of osteoporotic hip fractures in Asian nations is predicted to rise from 1.2 million in 2018 to 2.6 million in 2050. The prevalence of calcium deficiency in children and adults is increasing worldwide for various reasons, including inadequate dietary calcium intake, underlying medical illnesses such as autoimmune disorders, and drugs that reduce calcium absorption in individuals. For instance, 40% of Americans, particularly older children, teenagers, and women, do not get enough calcium, according to a 2020 article from Oregon State University.
As a result, there is an unmet demand for treatment as the prevalence of bone-related diseases rises due to population-wide calcium insufficiency. In addition, to meet the necessary dietary intake of calcium and other minerals, there is a surge in demand for calcium-fortified foods and nutritional supplements.
During the forecast period, the Milk Calcium market in North America is anticipated to develop at the quickest rate. Due to variables, including the increased prevalence of calcium deficiency illnesses in the general population, particularly in babies and the elderly population, the region predominated. Additionally, it is predicted that rising activities would drive the market in the region by governmental bodies and authorities to establish and update new rules for fortified food items, such as infant formulae.
The demand for infant formulae is predicted to increase during the forecast period due to rising infant formula consumption in nations like China, Japan, and others, which is driving market participants to offer products with continuously improving mineral contents. For example, Nestle China introduced two of its stage-four infant formulas in June 2021 for kids between the ages of three and six who fall within the NAN range.
The Global Milk Calcium Market is Segmented as follows
- Calcium Content
- Less than 20%
- 20% to 25%
- 26% to 30%
- Granularity
- Standard Powder (>10 Microns)
- Micronized Powder (<10 Microns)
- Applications
- Functional Foods
- Infant Formula
- Sports Nutrition
- Beverages
- Dietary Supplements
- Other Applications
- Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
List of the Key Players of the Global Milk Calcium Market is
FrieslandCampina DOMO (Netherlands) ,Glanbia PLC (Ireland), Arla Foods Ingredients Group P/S (Denmark), ARMOR PROTÉINES (France), Sachsenmilch Leppersdorf GmbH (Germany),Fonterra Co-Operative Group Limited (New Zealand), MILEI GmbH (Germany)
The Global Milk Calcium Market Scope can be Tabulated as below
Parameter | Details |
---|---|
Market Size Provided for Years | 2017 - 2030 |
Base Year | 2022 |
Historic Years | 2017 - 2021 |
Forecast Years | 2023 - 2030 |
Segments Covered |
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Regions & Counties Covered |
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Companies Covered |
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Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis |