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Casein & Derivatives Market Strongly Driven by Rising Global Demand

Rising consumer inclination toward products containing casein as an ingredient in their daily diet to ensure the supply of protein is expected to have a positive impact on the market growth. The Global Casein & Derivatives Market is expected to reach USD 6.95 billion by 2025, at a predicted CAGR of 7.1%, according to a report by Grand View Research, Inc. Casein, a by-product of milk, is used in the formulation of numerous products including nutritional supplements, food additives, confectionaries, dairy milk products, and infant formulas. In addition, the product finds application in adhesives, ink, leather finishing, and paints due to superior water solubility and fast drying properties. Edible casein was the dominant product segment and valued at USD 1.46 billion in 2016 on account of predominant consumption of the product among working professionals and sports athletes. Moreover, the product is expected to remain dominant over the forecast period on account of its...