Casein is a protein commonly extracted from milk and also obtainable from plants such as soya beans. It contains 0.7-0.9% phosphorus, covalently bounded to the protein by a serine ester linkage. All amino acids are present in casein, which are essential to human body, owing to which it is considered a highly nutritious protein source.
Major factors driving growth of the global casein & derivatives market include high demand from end use industries such as food & beverages and pharmaceuticals. Increasing demand for casein in cosmetics for production of various massage creams and in paints & coatings industry are other factors expected to boost growth of the casein and derivative market over the forecast period. However, increasing lactose intolerance among consumers and side effects associated with over consumption of casein & its derivatives are major factors expected to hamper growth of this market.
The global casein & derivatives market has been segmented on the basis of product, application, and region. On the basis of application, the global casein & derivatives market is segmented into food & beverages, cosmetics, pharmaceuticals, and paints & coatings. Food & beverages accounted for major revenue share among all application segments, owing to high demand for cheese, infant formula, bakery products, and various functional foods.
Do Inquiry of the Report Here: https://marketresearch.biz/report/casein-derivatives-market/#inquiry
On the basis of region, the global casein & derivatives market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in Asia Pacific is expected to dominate the global casein & derivatives market and account for major share in terms of revenue, owing to high demand from food & beverages industry and increasing adoption in paint as a stabilizer in countries in the region. The market in Europe is expected to account for second-highest share, owing to increasing health concerns among individuals.
Key players in this market include Nestlé S.A, Fonterra Co-operative Group Limited, The Lactalis Group, Arla Foods amba, Danone Ltd., DMV International, Erie Foods International, Inc., Gansu Hualing Milk Products Group, and Kerry Group plc