Milk Protein Concentrate Market Poised for 5.2% Compound Annual Growth Rate through 2034
The global Milk Protein Concentrate (MPC) market is poised for significant growth in the coming years, driven by rising demand for animal-based proteins and shifting consumer preferences toward protein-rich diets.
According to market projections, the global milk protein market, which includes MPC among other milk proteins, is expected to grow from USD 14.65 billion in 2025 to USD 25.39 billion by 2034, at a compound annual growth rate (CAGR) of 6.3% during 2025–2034. The overall protein market, including animal-based proteins like milk protein, is forecast to reach USD 108.76 billion by 2034, growing with a CAGR of 7.6% from 2025.
Key trends driving MPC and milk protein market growth include increased consumer awareness of the benefits of animal-based protein for health and chronic disease management, expansion of organized dairy processing, modernization of production facilities, and growing demand for flavored milk and value-added dairy products. Despite the emergence of fermentation-derived proteins and plant-based protein segments, animal-based proteins like MPC remain dominant due to the global acceptance and dietary trends favoring protein-rich diets.
Asia Pacific and North America are expected to hold significant shares of the global MPC market by 2034, supported by increasing dairy consumption and infrastructure investments. Asia Pacific, in particular, is a dominant region in the broader flavoured milk and dairy ingredient market, holding more than a 41.6% share with revenue of USD 20.9 billion in 2024.
Innovation, sustainability, and strategic partnerships are essential for businesses in the MPC market to meet consumer demands and increase market competitiveness. Notable developments include Cobot Creamery's introduction of a non-GMO MPC for organic food manufacturers, Atura's launch of a new Ultra-Filtered MPC with improved emulsification and texture for protein bars and shakes, and AMCO Proteins' expansion of its MPC offerings with enhanced functional properties for sports nutrition and clinical applications.
Dana Dairy Group launched MPC 70 with enhanced heat stability for bakery and processed cheese, while Erie Foods International Inc. introduced a low-sodium MPC for health-focused applications. Hypermarkets and supermarkets held a dominant position in MPC distribution in 2024, accounting for 52.3% of sales, with packaged products accounting for a dominant share of MPC usage. Ultrafiltration dominated MPC preparation in 2024, holding a 78.8% market share, and the Powder form of MPC dominated the market, capturing 67.9% of sales.
In summary, the global MPC market is expected to grow robustly in the coming years, driven by health-conscious consumers and innovations in dairy processing. Asia Pacific and North America are expected to lead the market, with a focus on eco-friendly products and new technologies to stay ahead.
In light of the growing demand for protein-rich diets and expanding dairy processing, the food-and-drink industry is expected to see significant growth in the use of Milk Protein Concentrate (MPC), contributing to the overall USD 108.76 billion protein market by 2034. Given the dominance of animal-based proteins like MPC, finance investments in the business sector, particularly in the Asia Pacific region, may predominantly focus on production facilities, modernization, and innovation to meet consumer preferences for protein-rich products and sustainable practices.
