Market Outlook
Bioactive milk compounds are those amino acid sequence of milk protein that are present in fermented cheese, milk and yoghurt. Bio active milk compounds are beneficial for physiological functions of human body such as cardiovascular, digestive, nervous and immune. Manufactures across the globe are offering products made up of bioactive milk compounds, owing to its several functional properties.
The bioactive milk compound market is an innovation-driven market, hence, the differentiating strategy which is being adopted by various companies is the development in technology for the production of bioactive milk compound and offering the bioactive milk compound at a very competitive pricing. Additionally, companies are also focus on launching products made with the fusion of various ingredients of bioactive milk compound. Bioactive milk compound is not only in demand from the food and beverage industry but also from the pharmaceutical industry, owing to its anti-diabetic, anti-inflammatory, anti-fungal, antimicrobial, anti-thrombotic, antioxidant and anti-viral properties.
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Increasing Demand of Bioactive Milk Compounds from Clinical and Infant Nutrition Manufacturers
Clinical nutrition segment comprises nutritional products prescribed for hospitalized patients or people suffering from serious or age-related ailments. Infant nutrition segment comprises products designed for consumption by children aged below 12 months. The primary aim in the case of such products is not based on added functional properties, but on meeting the necessary daily nutritional requirements. Chewing and swallowing any food is the major issue for children or aged or hospitalized individuals, and the viscous nature of bioactive milk compounds is helpful in this regard. Availability of bioactive milk compounds powders in several flavors is also an important factor increasing uptake of these bioactive milk compounds based food products. Apart from spending on child care centers, infant formula and food accounts for almost half the costs spent on raising a baby in the U.S., which is a major factor driving bioactive milk compounds market growth.
Global Bioactive Milk Compound: Market Segmentation
On the basis of types, the global bioactive milk compound market has been segmented as –
- Lipids
- Vitamins & Minerals
- Lactoferrin
- Enzymes
- Casein & Whey Protein
- Immunoglobulin
- Lactose & Oligosaccharides
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On the basis of end use, the global bioactive milk compound market has been segmented as –
- Pharmaceutical
- Food and Beverage
- Nutraceutical
On the basis of function, the global bioactive milk compound market has been segmented as –
- Anti-hypertensive
- Antithrombotic
- Immunomodulating
- Antistress
- Antimicrobial
- Antiviral
- Anti-tumour
- Transport facilitator (calcium and trace elements)
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Global Bioactive Milk Compound Market: Key Players
Some of the major manufacturers and suppliers operating in the global bioactive milk compound market are Milk Specialties Global, AMCO Proteins, Glanbia Nutritionals, Ingredia SA, Nutrimed Healthcare Private Limited, FrieslandCampina Domo, Arla Foods, The Milky Whey, Inc., ProteinCo and Havero Hoogwegt among others. Apart from the above mentioned companies, many other manufacturers are also entering the bioactive milk compound market, owing to its wide application in the bakery and confectionary industry, resulting in high demand for bioactive milk compound over the forecast period.
Opportunities for Market Participants
Cheese is traditionally made by separating the water from milk through the addition of bacteria at various stages. The process essentially involves the coagulation of casein protein in milk, and usage of bioactive milk compounds as an ingredient in cheese making is fast gaining approval scientifically, as it helps in increasing the protein content of cheese, reduces fat content and also increases cheese yield. Since bioactive milk compounds is derived by removing most other milk components, it is very low in fat content. Therefore, addition of bioactive milk compounds to traditional cheese milks would lead to reducing the overall fat content of the cheese. Hence, these factors are expected to create an opportunity for the players operating in the bioactive milk compound market. Moreover, companies could focus on developing consumable products that are associated with several health benefits in order to leverage the arising opportunity from an increasing number of health-conscious customers in the global bioactive milk compound market.
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