A milk protein fraction having following properties (1) to (4) is excellent inbone resorption inhibitory effect, and is useful for preventing or treatingbone diseases:(1) the milk protein fraction is derived from milk;(2) the milk protein fraction is a fraction containing a protein having amolecular weight of 12,000 to 16,000 Daltons;(3) the milk protein fraction has a basic amino acid content of 18 to 20 wt%inthe constitutional amino acid composition, and the ratio of the amount of abasic aminoacid(s) to the amount of an acidic amino acid(s) is 0.7 to 0.9; and(4) the milk protein fraction has a bone resorption inhibitory effect.