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GCC Casein Market by Product Type (Rennet Casein and Acid Casein) by End Use (Food and Beverages, Pharmaceuticals, Cosmetics, Industrial and Others): Industry Analysis, Trends, Growth and Forecast 2023-2028

GCC Casein Market Overview:

The GCC casein market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2028. Casein is a protein found in mammalian milk that gives it a white color. It is an amorphous solid that lacks any taste or odor in its original configuration, due to which it forms an essential ingredient in yogurt, milk, and cheese. Casein contains additional elements, such as amino acids, carbohydrates, and essential minerals, which are instrumental in repairing and building tissues and muscles.  Comparatively, casein is digested slower than other proteins, which further helps in reducing appetite and increasing the feeling of fullness. As a result, it is primarily used in cheese-making, infant formulas, and dietary supplements. Regular consumption of casein protein helps in enhancing the metabolic rate, minimizing the effects of enamel erosion, and accelerating muscle building and preserving lean muscle tissues. In addition to this, it comprises emulsifying capabilities that are beneficial in micro compositions to formulate nutraceuticals through heat gelation and enzyme crosslinking.  

The rising health consciousness among consumers and the increasing awareness regarding the benefits of casein are some of the key factors primarily bolstering the market growth in GCC. This is further supported by the rising demand for ready-to-eat (RTE), snacks, and baked food products, wherein casein is used to improve nutritional content and enhance the texture of the item. Moreover, key market players are actively working toward introducing natural and organic sources to sustainably manufacture casein without artificial additives and hormones, which is positively supporting the market growth.  Additionally, the increasing application of casein across various industrial verticals is driving the market growth. For instance, in the pharmaceutical sector, it is used to produce medications for cancer prevention, fatigue, anxiety, and stress. Apart from this, the easy availability of casein across e-commerce platforms and inflating consumer expenditure power are creating a positive outlook for the market. Other factors, such as the increasing demand for casein protein in textiles and the growing demand for protein-based nutritional products among athletes and fitness enthusiasts, are accelerating the market growth in the region.

Beginning with a regional overview, the report explores the dynamics that have a strong influence on the GCC casein market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. On a regional basis, the report examines the GCC casein market in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. For each of these regions, the report studies the GCC casein market in detail for latest trends, outlook and opportunities.

The report analyses the competitive structure of the GCC casein market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the GCC casein market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the GCC casein  market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the GCC casein market industry. Furthermore, the value chain analysis of the GCC casein market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

GCC Casein Market Segment Insights:

The GCC casein market has been analysed as followed:

By Product Type:

  • Rennet Casein
  • Acid Casein

By End Use:

  • Food and Beverages
  • Pharmaceuticals
  • Cosmetics
  • Industrial
  • Others

By Country:

  • Saudi Arabia
  • United Arab Emirates
  • Qatar
  • Kuwait
  • Oman
  • Bahrain

Country-wise, the market has been segmented into Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. Amongst these, Saudi Arabia represents the largest market, accounting for majority of the GCC region.

Competative Landscape: 

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Highlights of the GCC Casein Market Report:

  • Historical and current scenario
  • Trends and developments
  • Impact of COVID-19
  • Market forecast
  • Price analysis and forecast
  • Porter’s five forces analysis
  • SWOT analysis
  • Value chain analysis

 

Report Customisation:

The GCC casein market report can be customised as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs

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