Sodium Caseinate Market is Projected to Register at a Healthy CAGR of ~6% During the Forecast Period 2019 - 2029 - PowerPoint PPT Presentation

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Sodium Caseinate Market is Projected to Register at a Healthy CAGR of ~6% During the Forecast Period 2019 - 2029

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Sodium Caseinate Market to Witness an Uptick as Consumer Preference for High-protein Products Intensifies – PowerPoint PPT presentation

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Title: Sodium Caseinate Market is Projected to Register at a Healthy CAGR of ~6% During the Forecast Period 2019 - 2029


1
Chemicals and Materials
  • August 2019

Report Id REP-GB-2303 Published On
August-2019 Category Chemicals and Materials
2
AboutFuture Market Insights
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3
Research Methodology (1/2)
  • Systematic Research Approach

In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.
PMR formulates a detailed discussion guide to conduct expert and industry interviews
PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts
PMR conducts interviews with industry experts, industry players, distributors and retailers
Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data
Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry
PMR delivers industry insights and information in the required format (PDF)
  • Identifying key opinion leaders
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  • Conclusions

SOLUTION
  • Market participants
  • Key strengths
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  • Mapping as per value chain
  • Key focus segments

Primary Research
Secondary Research
Paid Publications
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includes sources of databases
4
Sodium Caseinate Market Analysis
  • Sodium Caseinate Market is Anticipated to
    Register at a Healthy CAGR of 6 During the
    Forecast Period 2019- 2029
  • VALLEY COTTAGE, New York, Aug. 21,
    2019 /PRNewswire/ -- According to the latest
    research from Future Market Insights (FMI), the
    worldwide sales of sodium caseinate will increase
    5 year-over-year to reach 270 thousand tons in
    2019, up from 258 thousand tons in 2018.
  • FMI analysts forecast the sodium caseinate
    market to grow at a value CAGR of 6 through to
    2029, driven by greater demand for functional or
    fortified foods along with the shift of
    high-protein trend from niche to mainstream. The
    analyst finds that the sheer volume of bakery
    consumption in recent years has largely
    contributed the increased sales of different
    types of protein, thereby potentially raising the
    demand for sodium caseinate.
  • Offering whipping and aeration stability to food
    emulsions, sodium caseinate has garnered
    significant traction as a viable emulsifier or
    food additive in various sectors of FB industry.
    However, the launch of animal-free emulsifiers in
    line with emerging trends of veganism and
    increasing awareness regarding the impact of food
    production, especially for animal-based products,
    on environment will represent a potential threat
    for the market players.

5
Sodium Caseinate Market Analysis
  • Sales of Food Grade Sodium Caseinate to Ramp up
    in 2019
  • According to the FMI analyst, the consumption of
    food grade sodium caseinate, especially for
    dairy, frozen foods, and bakery confectionery
    products, continue to influence the growth
    strategies of the market players, as the category
    accounted for three-fourth share of the market in
    2018.
  • To tap into opportunities in different end-use
    industries, ranging from cosmetics to chemical,
    manufacturers are focused on increasing the
    production of industrial grade sodium caseinate,
    which is likely to represent 5 increase in
    sales in 2019.
  • "Sodium caseinate worth US 480 million were
    sold as food additive in 2018, while its
    application as emulsifier is likely to result in
    increased market share in the foreseeable
    future," said the FMI analyst. "As today's
    consumers move towards highly nutrient products
    which support weight management and counteract
    the risk of obesity and other lifestyle diseases,
    FB manufacturers are increasingly demanding for
    sodium caseinate as an ideal fat free stabilizer
    for wide range of products.
  • The global food industry no longer looks like its
    former self, as increased incomes, preferential
    shifts towards health and wellness, and
    structural shift towards urban living have
    brought significant transformation in recent
    years, according to the FMI analyst

6
Sodium Caseinate Market Analysis
  • In 2018, the consumption of sodium caseinate by
    FB industry accounted for 70 sales, while the
    application in pharmaceuticals and cosmetics is
    likely to witness a quantum leap in growth in
    2019 and beyond. Considering the nature and
    excellent properties of the product including
    high degree of emulsification, viscosity-enhancing
    , and foaming and gas retention, manufacturers
    are exploring the application of sodium caseinate
    in chemical and other industrial products.
  • East Asia to Take Centre Stage in Sodium
    Caseinate Market
  • The FMI analyst forecasts that Europe and East
    Asia are neck and neck to acquire the leading
    position in sodium caseinate market. Rising
    consumer interest in the benefits of high quality
    ingredients in various food products is likely to
    offer greater opportunities for market players
    in East Asia. In 2018, the East Asia market for
    sodium caseinate market accounted for 26
    revenue to share, and is expected to record 6
    y-o-y growth in 2019.
  • In the global scenario, the sodium caseinate
    market shows a high level of fragmentation, with
    a number of global players collectively
    accounting for 20-25 share. The emergence of
    large number of local consumers catering to
    domestic end users has resulted into contracted
    profit margins of the international players.
    Establishing strong relationship to distribution
    channel partners and strengthening manufacturing
    facilities continue to key focal points of the
    manufactures.

7
Sodium Caseinate Market Analysis
  • Press-release Source - https//www.prnewswire.com/
    news-releases/sodium-caseinate-market-is-estimated
    -to-grow-at-a-cagr-of-6-in-the-period-2019-to-2029
    --future-market-insights-300905037.html
  • More Related Press-release -
  • Two-wheeler Lubricants Market to Grow at a CAGR
    of 4 by 2029
  • Conductive Fibers Market is Projected to Grow at
    a CAGR of Approximately 11 Between the Forecast
    Period of 2019 and 2029
  • Polyurea Coating Sales to Record 9 CAGR Through
    2029

8
Sodium Caseinate Market Analysis
  • About Us Future Market Insights (FMI) is a
    leading market intelligence and consulting firm.
    We deliver syndicated research reports, custom
    research reports and consulting services which
    are personalized in nature. FMI delivers a
    complete packaged solution, which combines
    current market intelligence, statistical
    anecdotes, technology inputs, valuable growth
    insights and an aerial view of the competitive
    framework and future market trends.
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    Way, Suite 2-9018,Valley Cottage,
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    8790 Sales sales_at_futuremarketinsights.com

9
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