by Sodium caseinate is a refined form of casein protein derived from cow’s milk. It provides balanced amino acid profile and exhibits high protein digestibility. It is widely used in sports nutrition, clinical nutrition, infant formula and various food applications such as bakery, confectionery, processed meat etc where it acts as a texture enhancer, emulsifier and stabilizer. Its solubility in both cold and hot water allows easy formulation of beverages, shakes and other liquid products.
The global Sodium Caseinate Market is estimated to be valued at US$ 5.1 Bn in 2023 and is expected to exhibit a CAGR of 4.6% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics:
Growing awareness about health benefits of protein-rich diet along with rising participation in sports and fitness activities has been driving the demand for sports nutrition products containing sodium caseinate as a key ingredient. Additionally, steady growth in urbanization and rising per capita income in emerging economies is favoring the consumption of packaged and protein-enriched foods and beverages, which in turn is propelling the sodium caseinate market. Moreover, increasing applications of sodium caseinate in clinical nutrition and infant formula owing to its bioavailability, stability and ease of formulation is anticipated to offer new growth opportunities over the forecast period.
Segment Analysis
The global sodium caseinate market is dominated by the food and beverages sub-segment. Sodium caseinate acts as an emulsifier, emulsifying agent, texture agent and stabilizer in various processed food and beverages. It is commonly used in dairy products, baked goods, sauces and dressings, processed meat, coffee whiteners amongst others. The food and beverages sub-segment accounts for around 70% of the total sodium caseinate market owing to its wide range of functional properties and versatility in various food formulations.
PEST Analysis
Political: There are no major political risks impacting the sodium caseinate market.
Economic: The global economic growth is leading to rising disposable income levels which is driving demand for processed and packaged food products. This in turn is fuelling growth in the sodium caseinate market.
Social: Changing lifestyles and busy schedules have increased the consumption of convenience and packaged food products amongst consumers. Sodium caseinate being a versatile food additive is benefitting from this trend.
Technological: Advancements in food processing technologies have enabled wider applications of food additives like sodium caseinate. New production technologies are also helping lower manufacturing costs.
Key Takeaways
Global Sodium Caseinate Market Size is expected to witness high growth, exhibiting CAGR of 4.6% over the forecast period, due to increasing demand for processed food products. The global processed food market has been growing at a steady rate over the past few years on account growing urbanization and changing consumer preferences towards ready-to-eat food items.
The Asia Pacific region dominates the sodium caseinate market and is expected to continue its lead over the forecast period. Higher disposable income levels coupled with expanding middle class consumer base is driving processed food market growth and subsequently sodium caseinate demand. The processed food market in emerging nations like India and China is expanding at a rapid pace which bodes well for market participants in the region.
Key players operating in the sodium caseinate market are Fonterra Co-operative Group Limited, Kerry Group plc, AMCO Proteins, and Erie Foods International, Inc. These players are focusing on capacity expansions and introduction of value added products to gain market share in the high growth Asian markets.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
