The global sodium caseinate market is expected to reach USD 1.67 Billion by 2027, according to a new report by Reports and Data. The growth of the market may be attributed to the growing applications of sodium caseinate.

Sodium caseinate finds application as a nutritional supplement, thickening agent, emulsifying agent, and stabilizing agent in food, including bread, candy, biscuits, cakes, gravy, yogurt, meat, and seafood. In sausage, sodium caseinate may be applied to make uniform distribution of fat, and improve the adhesion characteristic of meat. Moreover, in ice creams, the application of the chemical assist in the prevention of sugar contraction and condensation.

The growing use of sodium caseinate as an intermediate in the pharmaceutical industry is projected to drive the market demand in the forecast period. It is a non-toxic, inexpensive, and highly stable chemical. Sodium caseinate, owing to its physicochemical and structural properties, provides beneficial functionalities as drug delivery vehicles. Also, it is used in pharmaceutical formulations for the re-mineralization of carious lesions in dental enamel.

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Market Scenario:

The materials and chemicals sector has significantly grown over the recent years and is expected to register robust revenue CAGR over the forecast period. The materials and chemicals sector comprises daily wear products such as detergents, perfumes, soaps, and other raw materials and chemicals used in the manufacturing of other products. There has been a significant increase in the demand for raw materials and chemicals across various industrial sectors such as healthcare and pharmaceuticals, automotive, agriculture, manufacturing, paint, and food and beverages among others. Factors such as increasing awareness about green energy and excess carbon emission, changing consumer preference, growing adoption of biodegradable, sustainable and eco-friendly products, and rapidly expanding industries and building and construction sector are expected to boost global market revenue growth going ahead.

Major Companies:

• AMCO Proteins
• Erie Foods International Inc.
• Charotar Casein Company
• Farbest Brands
• Fonterra Cooperative Group
• Avani Food Products
• Israel Chemicals Limited
• Lactoprot Deutschland GmbH
• Agrocomplex
• Ningxia Yimei Biotechnology Co. Ltd.

Competitive Landscape:

The report further sheds light on the competitive landscape and provides in depth information about each market player including its global position, product portfolio, financial standing, revenue growth and company overview. The market players are focused on adopting various inorganic and organic growth strategies such as mergers and acquisitions, joint ventures, collaborations, product launches and partnerships to gain a robust footing in the market.

Key questions addressed in the report:

• What is the expected market size of the global Sodium Caseinate market during the forecast period?
• What CAGR is the global market expected to register during the forecast period?
• Which key factors are expected to boost global market growth between 2021 and 2028?
• What are the key restraints that are expected to hamper global market growth?
• Which regional market is expected to register robust CAGR during the forecast period?
• Which key players are operating the global Sodium Caseinate market?

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Sodium Caseinate Market Segmentation:

Type Outlook:

• Food Grade
• Industrial Grade

Application Outlook:

• Food & Beverage
• Pharmaceutical
• Personal Care
• Others

Regional Outlook:

• North America
  • S.
  • Canada
  • Mexico
• Europe
  • Germany
  • K.
  • Italy
  • France
  • BENELUX
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of APAC
• Latin America
  • Brazil
  • Rest of LATAM
• Middle East & Africa
  • Saudi Arabia
  • A.E.
  • South Africa
  • Rest of MEA

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