Sodium caseinate is a light yellow odorless powder, which is produced by neutralizing sodium carbonate or sodium hydroxide to make it solubilize in water. Sodium caseinate powder has long shelf life, high nutritional value, and essential amino acids. It has properties such as foam stability, high solubility, water binding capacity and emulsifying properties used in food and pharmaceutical industry. Sodium caseinate is approved by the Food and Drug Administration (FDA) and the Food and Agriculture Organization of the United Nations to be used as binder, emulsifier, and whipping agent in food products.
Increasing demand for sodium caseinate in food and beverages industry is expected to be a major factor driving growth of the global sodium caseinate market over the forecast period, owing to the use of sodium caseinate, as food additives in ice-cream, meat, cheese, biscuits, and bread. For instance, according to the Ministry of Food Processing Industries (MOFPI), the total consumption of food and beverages in India was valued at US$ 369 billion in 2017 and is expected to increase to US$ 1.142 trillion by 2025.
However, availability of alternatives such as calcium caseinate and potassium caseinate is a major restraining factor affecting growth of the market.
Key players operating in the global sodium caseinate market include AMCO Proteins, Seebio Biotech (Shanghai) Co., Ltd., Lactoprot Deutschland GmbH, TATUA Co-Operative Dairy Co., Ltd, Ornua Co-operative Limited, Charotar Casein Company, Erie Foods International, Inc., Clover Fonterra Ingredients Proprietary Limited., FrieslandCampina DMV, and Farbest Brands.
Key players are strategically investing in mergers and acquisitions to enhance their market share and retain dominant position in the market. In September 2013, Lactoprot established its subsidiary Dairyfood GmbH and in 2014, Lactoprot Deutschland GmbH acquired Arla Foods to expand its product portfolio in food ingredients in German food industries.
On the basis of grade, the global sodium caseinate market is segmented into:
On the basis of end-use industry, the global sodium caseinate market is segmented into:
On the basis of region, the global sodium caseinate market is segmented into:
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