Rockville , Sept. 19, 2023 (GLOBE NEWSWIRE) -- As per the latest industry analysis by Fact.MR, a market research and competitive intelligence provider, the global Beta Lactoglobulin Protein Market is poised for substantial growth, with a projected market value of US$ 26.5 million in 2023 and a CAGR of 6.3% during the forecast period.
Beta-lactoglobulin, a high-quality protein abundant in essential amino acids, plays a crucial role in the production of nutritional supplements for pharmaceutical and sports nutrition products. The protein-based product development in these industries has witnessed significant growth, fueling the expansion of the beta lactoglobulin protein market.
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| Report Attributes | Details |
| Forecast Period | 2023 – 2033 |
| Value Projection (2033) | US$ 48.732 Million |
| Growth Rate (2023-2033) | 6.3% CAGR |
| No. of Pages | 170 pages |
| No. of Tables | 63 Tables |
| No. of Figures | 62 Figures |
Beta-lactoglobulin, found primarily in bovine milk, boasts excellent nutritional value and functional properties. It is a complete protein, containing all the essential amino acids required by the human body. Moreover, it exhibits good solubility, heat stability, and foaming properties, making it versatile for various
In the fitness and sports industries, protein-based supplements are in high demand to support muscle growth, repair, and recovery. Beta-lactoglobulin protein, known for its balanced amino acid profile, is a favored ingredient in protein powders, bars, and shakes. Athletes, bodybuilders, and fitness enthusiasts are constantly seeking products that enhance their athletic performance, further driving the demand for beta-lactoglobulin.
Key Takeaways from Market Study
- The global beta lactoglobulin protein market is projected to grow at 6.3% CAGR and reach US$ 48,732.0 thousand by 2033
- Sports nutrition and dietary supplements segments is expected to be the major consumer of beta lactoglobulin protein with a share of 43.0% in the global market
- Key manufacturers of beta lactoglobulin protein are Arla Food Ingredients, Remilk, BOC Sciences and FrieslandCampina
- North America and Europe are estimated to collectively account for market share of 58.1% in 2023
- China is expected to create an absolute $ opportunity worth US$ 2,840.1 thousand from 2023 to 2033
“Beta-lactoglobulin Protein: A Natural and Sustainable Ingredient that Enhances Food Texture, Taste, and Stability, Witnessing Demand Across Various End-Use Industries” says a Fact.MR analyst.
Key Segments of Beta Lactoglobulin Protein Industry Research Report
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Meal replacement applications project a robust CAGR of 6.8% in the upcoming forecast period.
Meal replacements are ingeniously crafted products designed to act as complete meal substitutes, offering a convenient, nutritionally balanced alternative for individuals on the go. Typically available in the form of shakes, bars, or powdered mixes, these replacements can be swiftly prepared and consumed amidst a busy lifestyle. Formulated to deliver a combination of essential macronutrients—protein, carbohydrates, and fats—along with crucial vitamins, minerals, and at times fiber or other beneficial components, meal replacements cater to the nutritional needs of a complete meal.
These products predominantly feature a substantial protein content to ensure satiety, support muscle recovery, and encourage muscle growth. One of the key proteins utilized in meal replacement formulations is beta-lactoglobulin protein, a high-quality protein known for its favorable amino acid profile. Its incorporation effectively meets protein requirements and enhances the overall nutritional value of meal replacements, rendering them more enticing to consumers.
In the market, meal replacement applications are positioned for robust growth, projected to achieve a commendable Compound Annual Growth Rate (CAGR) of 6.8% during the forecast period. This growth signifies the increasing acceptance and adoption of meal replacements as a practical dietary choice among a wide array of consumers.
Market Growth Stratagems
Manufacturers include Arla Food Ingredients, BOC Sciences, FrieslandCampina, Fonterra, and Shanghai Aladdin Biochemical Technology Co., Ltd.
Market players are investing in research and development to improve the efficiency and yield of beta-lactoglobulin protein production. Market players are also collaborating with suppliers to ensure a steady supply of high-quality beta lactoglobulin protein. Additionally, market players are exploring new markets to sell their beta lactoglobulin protein products, such as emerging economies with a growing demand for protein-based products. Such efforts are likely to drive the market and manufacturers’ growth during the forecast period.
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the beta lactoglobulin protein market, presenting historical market data (2021–2022) and forecast statistics for the period of 2023–2033.
The study reveals essential insights on the basis of application (sports nutrition and dietary supplements, food and beverage processing, medical and pharmaceutical, infant formula, others), across major regions of the world (North America, Latin America, Europe, East Asia, South Asia and ASEAN, Oceania, Middle East & Africa).
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Textured Soy Protein Market: The global textured soy protein market is predicted to increase from a valuation of US$ 1.13 billion in 2023 to US$ 2.13 billion by 2033. Worldwide consumption of textured soy protein is forecasted to rise at a value CAGR of 6.5% from 2023 to 2033.
Whey Protein Concentrate Market: The global whey protein concentrate market size is estimated at US$ 3.9 billion in 2023 and is forecasted to reach US$ 6.7 billion by 2033-end. The market is predicted to increase at a CAGR of 5.5% from 2023 to 2033.
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