Sodium Caseinate Market worth US$ 7.41 Bn by 2031 - Comprehensive Research Report by FMI

·7 min read

Sodium Caseinate Market - Analysis, Outlook, Growth, Trends, Forecasts

DUBAI, United Arab Emirates, Jan. 27, 2022 (GLOBE NEWSWIRE) -- The global Sodium Caseinate Market is estimated to be worth around US$ 4.94 Bn in 2022. With surging demand for sodium caseinate across various industries such as food & beverages, cosmetics and pharmaceuticals, the overall demand is anticipated to rise at a moderate CAGR of 4.6% between 2022 and 2031, totalling a valuation of US$ 7.41 Bn by 2031.

According to the latest research from Future Market Insights (FMI), the worldwide sales of Sodium Caseinate Market will increase ~5% year-over-year to reach ~270 thousand tons in 2022, up from ~258 thousand tons in 2021.

Attribute

Details

Sodium Caseinate Market Estimated Size in 2022

US$ 4.94 Bn

Sodium Caseinate Market Projected Size in 2031

US$ 7.41 Bn

Sodium Caseinate Market Historical CAGR (2016-2021)

8.8%

Sodium Caseinate Market Value-Based CAGR (2022-2031)

4.6%

Request a report sample to gain comprehensive insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-2303

FMI analysts forecast the sodium caseinate market to grow at a value CAGR of ~4.6% through to 2029, driven by greater demand for functional or fortified foods along with the shift of high-protein trend from niche to mainstream. The analyst finds that the sheer volume of bakery consumption in recent years has largely contributed the increased sales of different types of protein, thereby potentially raising the demand for sodium caseinate.

Offering whipping and aeration stability to food emulsions, sodium caseinate has garnered significant traction as a viable emulsifier or food additive in various sectors of F&B industry. However, the launch of animal-free emulsifiers in line with emerging trends of veganism and increasing awareness regarding the impact of food production, especially for animal-based products, on environment will represent a potential threat for the market players.

Sales of Food Grade Sodium Caseinate to Ramp up in 2021

According to the FMI analyst, the consumption of food grade sodium caseinate, especially for dairy, frozen foods, and bakery & confectionery products, continue to influence the growth strategies of the market players, as the category accounted for three-fourth share of the market in 2018.

To tap into opportunities in different end-use industries, ranging from cosmetics to chemical, manufacturers are focused on increasing the production of industrial grade sodium caseinate, which is likely to represent ~5% increase in sales in 2022.

“Sodium caseinate worth ~US$ 480 million were sold as food additive in 2021, while its application as emulsifier is likely to result in increased market share in the foreseeable future,” said the FMI analyst. “As today’s consumers move towards highly nutrient products which support weight management and counteract the risk of obesity and other lifestyle diseases, F&B manufacturers are increasingly demanding for sodium caseinate as an ideal fat free stabilizer for wide range of products.”

For any Queries Related with the Report, Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-2303

Scope of the Report

Attribute

Details

Historical Data Available for

2016-2021

Forecast Period

2022-2031

Market Analysis

Units for Volume and US$ Mn for Value

Key Regions Covered

North America, Latin America, Europe, East Asia, South Asia,
Oceania, and the Middle East & Africa

Key Countries Covered

US, Canada, Mexico, Brazil, Germany, U.K., France, Italy, Spain,
Russia, Poland, China, Japan, South Korea, India, ASEAN, Turkey
and South Africa

Key Segments Covered

Product Type, Application, End User and Region

Key Companies Profiled

  • Israel Chemicals Ltd

  • AGROCOMPLEX Sp. z o.o.

  • Lactoprot Deutschland Gmbh

  • Erie Foods International Inc.

  • Charotar Casein Company

  • AMCO Proteins

  • Avani Food Products

  • Fonterra Co-operative Group

  • Ningxia Yimei Biotechnology Co., Ltd.

  • Gansu Hua'an Biotechnology Group

Report Coverage

Market Forecast, Company Share Analysis, Competition Intelligence,
DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

We Offer tailor-made Solutions to fit Your Requirements, Request Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-2303

East Asia to Take Centre Stage in Sodium Caseinate Market

The FMI analyst forecasts that Europe and East Asia are neck and neck to acquire the leading position in sodium caseinate market. Rising consumer interest in the benefits of high quality ingredients in various food products is likely to offer greater opportunities for market players in East Asia. In 2021, the East Asia market for sodium caseinate market accounted for ~26% revenue to share, and is expected to record ~6% y-o-y growth in 2022.

In the global scenario, the sodium caseinate market shows a high level of fragmentation, with a number of global players collectively accounting for 20-25% share. The emergence of large number of local consumers catering to domestic end users has resulted into contracted profit margins of the international players. Establishing strong relationship to distribution channel partners and strengthening manufacturing facilities continue to key focal points of the manufactures.

Buy Now@ https://www.futuremarketinsights.com/checkout/2303

Explore FMI’s Extensive ongoing Coverage on Chemicals & Materials

Sodium Acetate Market - Primary factor for growth of Sodium Acetate is its significant use in processed food. Present time have been exhibiting a scenario where working class travel long distances for work and job purpose.

Sodium Sulfite Market - The key driving factors of the growth of the Global sodium sulfite market is increasing health awareness among consumers, and growing high demand purified water and nutrition food.

Sodium Tripolyphosphate Market - The global sodium tripolyphosphate manufacturers are experiencing high demand, since this ingredient finds usage many end-use industry.

Sodium Tetraborate Market - Sodium Tetraborate is majorly used in insulation of fiberglass and textile fiberglass. Further, the usage of sodium Tetraborate in soaps and personal care products, and detergent is limited as they cannot be used on human skin with high concentration.

Sodium Aluminum Silicate Market - Growing demand for anticaking or free flowing agents in food industry especially in manufacture of seasonings, spices and powdered food products, etc. is expected to drive the growth in demand for sodium aluminum silicates over the forecast period.

Sodium Formate Market - Sodium formate is a sodium-based salt of formic acid. It is generally available in its physical form as a white powder. Sodium formate is a key chemical due to its multiple applications across a diverse range of industries, such as oil & gas, textile, printing, aviation and others.

Sodium Borohydride Market - Rapidly growing research and development activities related to medicine and the prosperous paper and pulp industry have increased the need of reducing agents for various end-use applications in many regions across the globe.

Sodium Nitrate Market - In recent times, there has been a rise in the demand for food preservatives from the rapidly growing food & beverage industry. Preservation of processed food has been gaining importance over the past few years. Sodium nitrate is being increasingly used as a preservative in specific processed meats, such as bacon, jerky and luncheon meats.

Sodium Bisulphite Market – Global sodium bisulphite market growth is robust in regions with increasing food production resulting from high population growth, with major growth regions being Africa, Central & South America, and Southeast Asia.

Sodium Dichloroisocyanurate Market - This Sodium Dichloroisocyanurate market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape.

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:

Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/
Report: https://www.futuremarketinsights.com/reports/sodium-caseinate-market

Press Release Source: https://www.futuremarketinsights.com/press-release/sodium-caseinate-market


Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting