At 5.0% CAGR, Middle East & Africa Caseinates Market is Projected to be Worth US$ 112.54 Million by 2031, says Business Market Insights

According to Business Market Insights' research, the Middle East & Africa caseinates market was valued at US$ 76.17 million in 2023 and is expected to reach US$ 112.54 million by 2031, registering a CAGR of 5.0% from 2023 to 2031. Increasing demand for dairy protein in food supplements and increasing use of caseinates in non-food applications are among the critical factors attributed to drive the Middle East & Africa caseinates market growth.

Caseinates are dairy proteins rich in essential amino acids and considered high-quality proteins that can help build and repair muscles, support immune function, and improve overall health. Dairy proteins such as caseinates are the building blocks of skin, bones, muscles, and blood. The human body requires protein to produce enzymes, hormones, and other body chemicals. Food supplements infused with dairy protein are used on a large scale, owing to the rise in healthcare awareness among consumers. Thus, they are shifting their focus to nutritious and healthful diets and increasing their protein intake by consuming dietary supplements made from dairy protein. The increasing elderly population boosts the demand for food supplements infused with dairy protein due to its balanced composition of essential amino acids. In recent years, consumers have become highly conscious of their health and fitness due to the growing prevalence of various diseases, including cardiovascular disorders, and several medical conditions such as high blood pressure, diabetes, obesity, and high cholesterol. As a result, the popularity of dietary supplements is rising across the world. Caseinates are extensively used in manufacturing protein supplements. They are considered one of the major sources of essential amino acids that improve muscle strength and are beneficial for preventing age-related muscle loss. The growing demand for protein supplements from fitness enthusiasts and sportspersons, as well as the aging population, drives the demand for caseinates among supplement manufacturers. Thus, the rising demand for dairy protein in food supplements propels the caseinates market growth.

On the contrary, the innovations and developments of plant-based casein hamper the growth of Middle East & Africa caseinates market.

Based on product type, the Middle East & Africa caseinates market is segmented into sodium caseinate, calcium caseinate, potassium caseinate, and others. The sodium caseinate segment held 44.9% market share in 2023, amassing US$ 34.16 million. It is projected to garner US$ 51.47 million by 2031 to register 5.3% CAGR during 2023-2031.

In terms of application, the Middle East & Africa caseinates market is categorized into bakery & confectionery, dairy & frozen desserts, beverages, soups, sauces, and condiments, infant formula, dietary supplements, and others. The dietary supplements segment held 29.3% share of Middle East & Africa caseinates market in 2023, amassing US$ 22.30 million. It is anticipated to garner US$ 32.25 million by 2031 to expand at 4.7% CAGR during 2023-2031.

Based on country, the Middle East & Africa caseinates market is categorized into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. Our regional analysis states that the Rest of Middle East & Africa captured 62.5% share of Middle East & Africa caseinates market in 2023. It was assessed at US$ 47.61 million in 2023 and is likely to hit US$ 68.52 million by 2031, registering a CAGR of 4.7% during 2023-2031.

Key players operating in the Middle East & Africa caseinates market are Royal FrieslandCampina NV, Fonterra Co-Operative Group Ltd, Glenstal Foods, Ornua Co-Operative Ltd, and Lactoprot Deutschland GmbH., among others.

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