Latin America Sodium Caseinate Market

Latin America Sodium Caseinate Market Size (2024 to 2029)

Latin America Sodium Caseinate Market is expected to be USD 0.43 billion in 2024 It is expected to grow at a CAGR of 5.01 % to reach USD 0.54 billion by 2029 from period 2024 to 2029.

MARKET OVERVIEW

In the past decade, there has been a rapid demand for functional food and drink products mainly targeted to prevent the degradation of health or enhance the overall well-being of consumers. Sodium caseinate is manufactured by mixing sodium compounds like sodium hydroxide with extracted casein. This mixture is then dried to prepare sodium caseinate powder. Of all the protein content in milk, over 80% is accounted for by the casein family. On exposure to heat, the casein proteins become stable and thus survive pasteurization. This way they retain their original nutritional value. Sodium caseinate finds a wide range of applications in confectionary and bakery products and meat products. Sodium caseinate has favorable stabilization and emulsification functions and is a viscosity booster. This is the primary driver of growth in this market and the increasing use of Sodium caseinate in ice creams, bread, biscuits, and other related products.

Furthermore, the growing demand for bakery and confectionary products is anticipated to boost the demand for sodium caseinate, thereby driving the growth of the sodium caseinate market.

Changing consumer lifestyle has raised dependency on processed, pre-cooked, and packed foods, which in turn is likely to fuel the demand for sodium caseinate over the aforementioned forecast period.\Sodium caseinate contains milk protein, which, in certain cases, is likely to cause allergic reactions and is the primary hindrance of this market. Regulatory bodies like U.S. Food and Drug Administration (FDA) have strongly criticized the consumption of products with sodium caseinate by people with lactose sensitivity. All these factors are expected to inhibit the increase in use of sodium caseinate, thereby negatively impacting the Latin America sodium caseinate market over the aforementioned forecast period.

This research report on the Latin America Sodium Caseinate market has been segmented and sub-segmented into the following categories.

Latin America Sodium Caseinate Market by Application

• Food additive
• Emulsifiers
• Free fat stabilizers

The food and beverage segment accounted for a 70% share of the Latin America casein and caseinate market in 2023 and is expected to register a healthy CAGR over the forecast period. 

Food and beverage are sub-segmented as nutritional food and beverage, infant nutrition, and dairy products. Nutritional food and beverage are further categorized as meal replacements, clinical nutrition and sports and slimming products.

Latin America Sodium Caseinate Market by Grade

• food
• industrial

Latin America Sodium Caseinate Market By End User

• Food and beverages (Dairy products, Bakery and confectionery products, Ready to eat food products, Frozen food products, others),
• Pharmaceuticals
• Cosmetics
• Chemical

Latin America Sodium Caseinate Market By Country

• Brazil
• Mexico
• Chile
• Argentina

KEY MARKET PLAYERS

Erie Foods, Clover Fonterra Ingredients Proprietary Limited, Charotar Casein Company, Nutra Food Ingredients LLC, Farbest Brands, FrieslandCampina DMV, AMCO Proteins are some of the notable companies in the market