Dairy Protein Market Demand is Expected to Reach $15.3 billion by 2027
According to a new report published by Allied Market Research, titled, “ Dairy Protein Market by Type, by application and by form: Opportunity Analysis and Industry Forecast, 2021–2027 ,” The global dairy protein market size was $9.9 billion in 2019, and is anticipated to reach $15.3 billion by 2027, with a CAGR of 4.6% during the forecast period. The dairy protein market is expected to exhibit an incremental revenue opportunity of $5.4 billion from 2019 to 2027. Dairy protein such as whey protein, casein & derivatives and milk protein concentrates are widely consumed across industries such as food & beverages, nutrition, feed, personal care, cosmetics, and textiles. Their multipurpose nature and functionalities such as thickening, binding, gelling, and texturizing have led to their wide adoption in these application industries. The dairy protein market growth is propelled by the growing demand for nutritional food in the market. Due to rise in awareness about health and n...