The Dairy Protein Market in Middle East & Africa will be driven by the Global Dairy Protein Market during the forecast period 2021-2026
The new report from Expert Market Research entitled “Middle East and Africa Dairy Protein Market Report and Forecast 2021-2026”, gives an in-depth analysis of the Dairy protein market in the Middle East and Africa, assessing the market on the basis of its segments such as source, type, application, and country. The report follows the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on Porter’s SWOT and Five Forces models.
Note 1: For an overview of primary and secondary market data (2016-2026), along with business strategies and detailed market segmentation, please click on the sample demand report. The sample report will be delivered to you within 24 hours.
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Highlights of the report include:
Market Overview (2016-2026)
- Historical market size (2020): $ 18.7 billion
The Middle East & Africa Dairy Protein market has seen substantial growth owing to factors like expected future growth owing to the growing health awareness among the mass population and the increasing demand for protein in everyday foods. In addition, increased knowledge in different industries offers huge market opportunity for key players in the dairy protein market in Middle East & Africa. The Middle East is poised to acquire consumer protein products, which will help healthy customers improve their health and well-being. The market is also driven by the growing demand for dairy products, the popularity of health clubs and fitness centers, and the awareness of the importance of a balanced diet. Dairy protein is a popular option among millennials, regardless of their health-conscious nature, due to their nutritional value and ease of transport.
Definition of the industry and main segments
Dairy protein is a group of proteins, which includes casein (i.e. an assortment of alpha-caseins 1 and 2, beta-casein and kappa-casein), beta-lactoglobulin, alpha- lactalbumin and bovine serum albumin.
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Based on the source, the industry is divided into:
According to the type, the industry is divided into:
- Whey protein
- Milk Protein
- Casein and caseinates
Based on the application, the industry is divided into:
- Infant formulas
- Sports nutrition
- Dairy products
- Protein / Nutritional Bar Applications
Based on the application, the industry is divided into:
- Saudi Arabia
- United Arab Emirates
- South Africa
The whey protein industry in the Middle East and Africa, which reached a value of $ 0.7 billion in 2020 and is expected to reach $ 1 billion by 2026, growing at a CAGR of 6.2% during from the forecast period 2021-2026, influences the dairy protein market. in the Middle East and Africa. Rapid adoption of healthier lifestyles by customers, combined with better knowledge of the benefits of dairy protein, is driving the dairy protein market in the Middle East and Africa. Plant protein sources are most abundant, followed by meat, dairy products, fish and shellfish, and other products. The growing cosmetics industry offers major players lucrative opportunities to develop new dairy protein products. In the Middle East and Africa, the growing interest of young people in the gym and bodybuilding is expected to fuel product demand during the forecast period. The expansion of the food industry gives even more dynamism to the market. Dairy proteins are increasingly common in the sports nutrition industry, which means there are more opportunities for development.
Key market players
The main players in the market are Fonterra Co-operative Group Limited, Lactalis Group, Royal FrieslandCampina NV, Arla Foods, Hoogwent Group, among others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are continuously monitoring the impact of this rapidly changing situation on markets and consumer buying behaviors. Thus, our latest estimates and analyzes on current market trends and forecasts will comprehensively reflect the effects of this emerging pandemic.
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