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Alpha Lactalbumin Market Proliferating on Back of Surge in Demand for Infant Formula, finds Persistence Market Research

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News provided by

Persistence Market Research Pvt. Ltd.

19 Feb, 2021, 12:00 GMT

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NEW YORK, Feb. 19, 2021 /PRNewswire/ -- Attributed to growing demand from the infant formula industry, the global market for alpha lactalbumin has seen significant growth over the past few years, and the trend is expected to continue over the next decade as well. Due to its superior nutrient structure, which closely resembles breast milk nutrients, demand for alpha lactalbumin is expected to rise lucratively over the coming years. Owing to its nutritional benefits and rich amino acid composition, the use of alpha lactalbumin in balanced foods is expected to witness significant growth.

Optimum growth and development of babies is supported by alpha lactalbumin, which is another factor surging demand for products containing alpha lactalbumin. It is estimated that, the alpha lactalbumin market will increase throughout the forecast period (2020 to 2030) at a healthy CAGR of close to 8%.

Key Takeaways from Alpha Lactalbumin Market Study

  • Among the application segments, infant food is estimated to experience substantial growth in the alpha lactalbumin market, with increased number of working women leading to rising infant food production. The segment holds around 56% of the global market, and will reach US$ 195 Mn by the end of 2030.
  • Among the regions, Europe is the dominating market with over one-third of the overall market, followed by North America, which holds around one-fourth share.
  • China is the leading market in East Asia, and is expected to expand at a CAGR of 8.5% through 2030.
  • The market in India is projected to rise at an impressive CAGR of 9.5% over the next ten years.
  • Germany is the major market in Europe, pegged at a CAGR exceeding 6%.
  • The alpha lactalbumin market in the United States is expected to expand at a CAGR of more than 6% through 2030.

Get the Sample PDF of the Report:  https://www.persistencemarketresearch.com/samples/12802

Manufacturers of alpha lactalbumin can target the sports nutrition segment, as it is a leading source of protein and essential amino acids. Swelling growth of the sports nutrition sector is expected to aid market expansion," says an analyst at Persistence Market Research.

Get Full Access of Report: https://www.persistencemarketresearch.com/checkout/12802

Competitive Landscape

The global alpha lactalbumin market is mainly characterized by regional players, who hold around 50-65% share of the market. Market players are expected to continue increasing production capacity, and are focused on strengthening processing units with the introduction of new technologies. Companies are expected to further their business goals by expanding their product portfolios. They are also working toward certifying products and facilities from international authorities.

Ø In 2019, Arla Foods Ingredients Group P/S obtained GRAS (Generally recognized as safe) approval for the use of alpha lactalbumin in infant formula.

Explore More Valuable Insights on Global Alpha Lactalbumin Market

Persistence Market Research, in its new report, offers an impartial analysis of the global alpha lactalbumin market, presenting historical data (2015-2019) and estimation statistics for the forecast period of 2020-2030. The study offers compelling insights on the market based application (infant formula, clinical nutrition, sports nutrition, nutraceuticals, and others), across seven major regions of the world.

Browse Research Release at: https://www.persistencemarketresearch.com/market-research/alpha-lactalbumin-market.asp

Browse End-to-end Market: Food and beverages 

Related Reports:

Alphamethylstyrene AMS Market:

https://www.persistencemarketresearch.com/market-research/alphamethylstyrene-ams-market.asp

Microalbumin Reagent Market:

https://www.persistencemarketresearch.com/market-research/microalbumin-reagent-market.asp  

About Persistence Market Research 

Overview:

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At Persistence Market Research, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Contact

Rajendra Singh
Persistence Market Research
U.S. Sales Office:
305 Broadway, 7th Floor
New York City, NY 10007
+1-646-568-7751
United States
USA - Canada Toll-Free: 800-961-0353
Email: sales@persistencemarketresearch.com 
Visit Our Website: https://www.persistencemarketresearch.com 

Content Source:  https://www.persistencemarketresearch.com/mediarelease/alpha-lactalbumin-market.asp  

Logo: https://mma.prnewswire.com/media/661339/Persistence_Market_Research_Logo.jpg

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