Milk Protein Concentrate Market – Size, Share, Outlook, and Opportunity Analysis, 2018 – 2025The research report on Milk Protein Concentrate Market is segmented by Product Type, by Application and by Region – Size, Share, Outlook, and Opportunity Analysis, 2018 – 2025
Milk Protein Concentrate Market: Regional Insights North America market accounted for the highest market share in the global milk protein concentrate market in 2017. The region is projected to maintain its dominance over the forecast period, owing to decrease in meat protein consumption, decrease in sedentary lifestyle, and increasing online retail platform which makes milk protein concentrates product available in the market. Asia Pacific is projected to be the fastest growing region in the market over the forecast period. Key factors such as wide food preferences, increasing health consciousness and urbanization & westernization are driving the growth of the market. According to Food Agriculture Organization (FAO), China and India are in top producing countries and this is expected to create a conducive environment for growth of the market in the region. India produced 165.4 billion liters of milk while China produced 40 billion liters in 2016. Such abundant availability of milk for production of protein milk concentrates is expected to propel growth of the market in Asia Pacific..
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