by Sodium caseinate is a mixture of sodium salts of casein acids which are derived from skimmed milk. It acts as an excellent emulsifier and stabilizer in various food products. Sodium caseinate improves texture, creaminess and acts as a binder in food applications.
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 key trends:
One of the major trends driving the growth of the sodium caseinate market is its increasing demand from the food and beverages industry. Sodium caseinate is used as an emulsifier and stabilizer in various processed foods such as sauces, soups, gravies etc. It improves texture and moisture retention in baked goods. The growing demand for convenience and packaged food products worldwide is expected to drive the growth of the sodium caseinate market over the forecast period.
SWOT Analysis
Strength: Sodium caseinate has excellent water-binding and emulsifying properties which make it ideal for various food applications. It helps improve texture and mouthfeel in foods.
Weakness: Sodium caseinate requires specialized processing during manufacture which increases production costs. It also has lower nutritional value compared to casein protein.
Opportunity: Growing demand for dairy-based protein ingredients from food industries is driving the demand for sodium caseinate. It is seeing increased usage in sports nutrition, clinical nutrition, and infant formulas.
Threats: Rising prices of raw milk and fluctuations in supply can impact sodium caseinate prices. Plant-based protein alternatives also pose competition.
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 from food processing industries. Sodium caseinate is widely used in dairy products, processed meat, bakery products, sauces & dressings among others as an emulsifier and texturizer.
Regional analysis: North America dominates the global sodium caseinate market currently owing to large processed food industries in the region. Asia Pacific is expected to be the fastest growing market for sodium caseinate driven by rising consumption of packaged foods in India, China and other developing nations. Countries like China, India and South Korea are emerging as lucrative markets.
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 companies are focusing on capacity expansion and new product launches to cater to the increasing demand. They are also investing in development of organic and Non-GMO sodium caseinate ingredients.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
