Global Milk Protein Concentrate Market Set to Surpass USD 6.21 Billion by 2031, Driven by Innovation and Global Expansion

Milk Protein Concentrate Market
The global Milk Protein Concentrate Market size reached 4561.21 USD Million in 2024. Looking forward, MarketsGlob expects the market to reach 6206.91 USD Million by 2031, exhibiting a growth rate (CAGR) of 4.51% during 2025-2031.

April 14, 2025 — The global Milk Protein Concentrate (MPC) market is poised for significant growth, projected to reach USD 6,206.91 million by 2031, up from USD 4,561.21 million in 2024. This growth, at a CAGR of 4.51% from 2025 to 2031, is fueled by rising demand for high-protein dairy ingredients, innovative product developments, and strategic global expansions.

What Is Milk Protein Concentrate?

Milk Protein Concentrate is a dairy ingredient derived from skimmed milk, containing high levels of casein and whey proteins in the same ratio as natural milk. It is low in lactose and rich in bioavailable calcium, making it suitable for protein supplements, health foods, infant nutrition, and various dairy products.

Key Industry Developments

Fonterra Invests in Animal-Free Dairy Protein Startup

In August 2023, Fonterra, a leading New Zealand dairy cooperative, invested in Vivici, a Dutch startup specializing in animal-free dairy proteins produced through precision fermentation. This strategic move aligns with Fonterra’s commitment to sustainable protein solutions and addresses the growing global demand for alternative protein sources. sources

Darigold Resumes Exports to the Philippines After 50 Years

In January 2025, Darigold, a U.S.-based dairy company, resumed exporting dairy products to the Philippines after a 50-year hiatus. This expansion into the Southeast Asian market reflects Darigold’s efforts to broaden its international presence and meet the rising demand for dairy products in the region. sources

Kerry Showcases Milk Protein Products at VitaFoods Asia

In September 2019, Kerry Inc. showcased its milk protein products, branded as Ultranor, at VitaFoods Asia. These products are designed for various food and beverage applications, highlighting Kerry’s focus on innovation and catering to the growing demand for high-protein ingredients.

Market Segmentation

By Product Content:

  • Content <70%

  • Content 70%-85%

  • Content >85%

By Application:

  • Dairy Products

  • Nutrition Products

  • Cheese Products

  • Others

By Sales Channel:

  • Direct Channel

  • Distribution Channel

By Region:

  • North America (United States, Canada, Mexico)

  • Europe (Germany, United Kingdom, France, Italy, Russia, Spain, Benelux, Poland, Austria, Portugal, Rest of Europe)

  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, Australia, Taiwan, Rest of Asia Pacific)

  • South America (Brazil, Argentina, Colombia, Chile, Peru, Venezuela, Rest of South America)

  • Middle East & Africa (UAE, Saudi Arabia, South Africa, Egypt, Nigeria, Rest of Middle East & Africa)

Leading Market Players

Key players in the MPC market include:

These companies are actively investing in product innovation, expanding into new markets, and forming strategic partnerships to meet the evolving demands of consumers and capitalize on growth opportunities in the MPC market.