Get the latest insights on price movement and trend analysis of Casein in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Casein Price Trend for the First Half of 2023
Casein prices fluctuated throughout the said period. As the casein protein is sourced from milk, the prices followed the milk price trends and the end user consumption. Casein prices almost remained constant in the first quarter in the USA market and plunged later in the second quarter. The average price of rennet casein in the US domestic market averaged around 13161 USD/MT in January’23 and closed the H1 with an average price of about 10086 USD/MT in June 2023, registering an overall decline of about 23%.
Meanwhile, prices had even more tribulations in the Asian market. The market had a slow start; however, some inclinations were seen. But consumption did not rise much compared to rising prices, eventually causing the price trends for Casein to decline. Rennet casein prices averaged about 2275 USD/MT in January in the Japanese domestic market, whereas in May, the average prices came down to about 2170 USD/MT. Overall, prices mostly swung low for Casein as the consumption and production both had taken a hit in recent years.
According to the Procurement Resource, the price trends for Casein are expected to behave in a similar fluctuating manner given the current softening demand dynamics and altering consumption rates.
Procurement Resource provides latest prices of Casein. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Casein is the chief protein found in milk and the essential ingredient of cheese. It belongs to a family of related phosphoproteins. While pure casein is an amorphous white solid and is tasteless and odourless, commercial casein is slightly yellow in colour, having a pleasant odour.
|Industrial Uses||Pharmaceutical (slow-digesting dairy protein), Cheese-making, Polymers, Adhesives, Paint and plastics, Paper industry, Leather industry, Textile industry, Beverage, Cosmetics, Animal feed|
|Supplier Database||Nestlé S.A, Danone, Arla Foods Ingredients Group, Fonterra Co-operative Group, Westland Milk Products|
|Region/Countries Covered||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Casein is made from skim milk by one of two general methods – precipitation by acid or coagulation by rennet. In the rennet process, pasteurised skimmed milk is heated and set with rennet extract, which results in the formation of gel. This gel is further cut and processed to separate whey and Casein.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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