Market Overview:
The global functional whey protein concentrate market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for healthy and nutritious food products, rising awareness about the benefits of whey protein, and growing number of health-conscious consumers. The global functional whey protein concentrate market is segmented on the basis of type into whey protein concentrate (WPC), whey protein isolate (WPI), and hydrolyzed whey protein (HWP). The WPC segment is expected to account for the largest share of the global functional Whey Protein Concentrate Market in 2018. This can be attributed to its high nutritional value, ease of absorption, and wide range of applications. The HWP segment is projected to grow at a highest CAGR during the forecast period owing to its ability to improve muscle recovery and reduce inflammation. On the basis on application,the global functional Whey Protein Concentrate Marketis divided into infant formulae, bakers & confectioneries, snacks, dairy products,,and others which include dietary supplements,.
Product Definition:
Functional whey protein concentrate is a type of whey protein that has been enriched with functional ingredients, such as probiotics, prebiotics, and enzymes. This type of whey protein is believed to offer a range of health benefits, including improved digestion and better gut health.
Whey Protein Concentrate (WPC):
Whey Protein Concentrate (WPC) is a by-product of cheese making process. It's basically the protein that remains after milk has been curdled and strained to form cheese. The protein in WPC is nearly identical to the one found in regular whey, which makes it ideal for use as a direct substitute for whey powder or any other source of proteins like soy, rice or pea.
Whey Protein Isolate (WPI):
Whey protein isolate is a highly purified form of whey proteins. It has been fractionated by membrane technology and contains nearly 80% of the total whey proteins. WPI offers all the benefits associated with regular Whey Protein Concentrate (WPC), along with additional nutritional ingredients such as Immunoglobulin, Lactoferrin, Colostrum Factors, and other valuable components that are not present in WPC.
Application Insights:
The snacks segment held the largest market share in 2017 and is projected to expand at a steady CAGR over the forecast period. The growing snack manufacturing industry, particularly in developed regions like North America and Europe, is expected to drive product demand. Snacks manufactured using whey protein concentrate offer essential amino acids required for muscle growth and development, which makes it an attractive ingredient among manufacturers of nutritional supplements & food products.
Functional ingredients have been proven effective against lactose intolerance by improving digestion capabilities in infants as well as adults suffering from lactose intolerance. This factor has encouraged numerous manufacturers across the globe to include WPCs or WPIIs as key ingredients in infant formulae designed for consumption between 12 months and 3 years of age.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a significant share of infant formula production globally, which is projected to drive demand for global functional whey protein concentrate market. Furthermore, rising disposable income levels and improving standard of living are likely to contribute toward industry growth in developing economies such as China, India, Thailand among others.
The Europe regional market accounted for more than 20% of the overall revenue share in 2017 owing to high consumer awareness regarding infant nutrition coupled with growing product adoption by major manufacturers across countries such as Germany and U.K., which has led towards an increase in product sales volume per capita every year since 2010 at a domestic level; hence driving industry expansion over past few years from various angles.
Growth Factors:
- Increasing demand for healthy and nutritious food products is driving the growth of functional whey protein concentrate market.
- Rising awareness about the benefits of consuming functional whey protein concentrate is another major factor fuelling the growth of this market.
- Growing popularity of sports and fitness activities is also propelling the demand for functional whey protein concentrate products.
- Rapid urbanization and changing lifestyle patterns are contributing to the increasing demand for functional whey protein concentrates in developing countries.
- The increasing number of health-conscious consumers is providing a major impetus to the growth of global Functional Whey Protein Concentrate market
Scope Of The Report
Report Attributes
Report Details
Report Title
Functional Whey Protein Concentrate Market Research Report
By Type
Whey Protein Concentrate (WPC), Whey Protein Isolate (WPI), Hydrolyzed Whey Protein (HWP)
By Application
Infant Formulae, Bakers & Confectioneries, Snacks, Dairy Products
By Companies
The Milky Whey, Arla Foods, Davisco Food, Milk Specialities, Glanbia, Hilmar Cheese, Arla Foods AMBA, Grande Custom Ingredients, Glanbia Nutritionals, Global Dairy Network, Hilmar Ingredients, Groupe Lactalis, Lactalis
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Functional Whey Protein Concentrate Market Report Segments:
The global Functional Whey Protein Concentrate market is segmented on the basis of:
Types
Whey Protein Concentrate (WPC), Whey Protein Isolate (WPI), Hydrolyzed Whey Protein (HWP)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Infant Formulae, Bakers & Confectioneries, Snacks, Dairy Products
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- The Milky Whey
- Arla Foods
- Davisco Food
- Milk Specialities
- Glanbia
- Hilmar Cheese
- Arla Foods AMBA
- Grande Custom Ingredients
- Glanbia Nutritionals
- Global Dairy Network
- Hilmar Ingredients
- Groupe Lactalis
- Lactalis
Highlights of The Functional Whey Protein Concentrate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Whey Protein Concentrate (WPC)
- Whey Protein Isolate (WPI)
- Hydrolyzed Whey Protein (HWP)
- By Application:
- Infant Formulae
- Bakers & Confectioneries
- Snacks
- Dairy Products
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Functional Whey Protein Concentrate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Functional Whey Protein Concentrate is a high-quality, undenatured whey protein concentrate that provides all the essential amino acids needed for muscle growth and recovery. It is also rich in BCAAs (branched chain amino acids), which are important for promoting muscle growth and preventing fatigue.
Some of the major players in the functional whey protein concentrate market are The Milky Whey, Arla Foods, Davisco Food, Milk Specialities, Glanbia, Hilmar Cheese, Arla Foods AMBA, Grande Custom Ingredients, Glanbia Nutritionals, Global Dairy Network, Hilmar Ingredients, Groupe Lactalis, Lactalis.
The functional whey protein concentrate market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Functional Whey Protein Concentrate Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Functional Whey Protein Concentrate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Functional Whey Protein Concentrate Market - Supply Chain
4.5. Global Functional Whey Protein Concentrate Market Forecast
4.5.1. Functional Whey Protein Concentrate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Functional Whey Protein Concentrate Market Size (000 Units) and Y-o-Y Growth
4.5.3. Functional Whey Protein Concentrate Market Absolute $ Opportunity
5. Global Functional Whey Protein Concentrate Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Functional Whey Protein Concentrate Market Size and Volume Forecast by Type
5.3.1. Whey Protein Concentrate (WPC)
5.3.2. Whey Protein Isolate (WPI)
5.3.3. Hydrolyzed Whey Protein (HWP)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Functional Whey Protein Concentrate Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Functional Whey Protein Concentrate Market Size and Volume Forecast by Application
6.3.1. Infant Formulae
6.3.2. Bakers & Confectioneries
6.3.3. Snacks
6.3.4. Dairy Products
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Functional Whey Protein Concentrate Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Functional Whey Protein Concentrate Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Functional Whey Protein Concentrate Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Functional Whey Protein Concentrate Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Functional Whey Protein Concentrate Demand Share Forecast, 2019-2026
9. North America Functional Whey Protein Concentrate Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Functional Whey Protein Concentrate Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Functional Whey Protein Concentrate Market Size and Volume Forecast by Application
9.4.1. Infant Formulae
9.4.2. Bakers & Confectioneries
9.4.3. Snacks
9.4.4. Dairy Products
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Functional Whey Protein Concentrate Market Size and Volume Forecast by Type
9.7.1. Whey Protein Concentrate (WPC)
9.7.2. Whey Protein Isolate (WPI)
9.7.3. Hydrolyzed Whey Protein (HWP)
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Functional Whey Protein Concentrate Demand Share Forecast, 2019-2026
10. Latin America Functional Whey Protein Concentrate Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Functional Whey Protein Concentrate Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Functional Whey Protein Concentrate Market Size and Volume Forecast by Application
10.4.1. Infant Formulae
10.4.2. Bakers & Confectioneries
10.4.3. Snacks
10.4.4. Dairy Products
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Functional Whey Protein Concentrate Market Size and Volume Forecast by Type
10.7.1. Whey Protein Concentrate (WPC)
10.7.2. Whey Protein Isolate (WPI)
10.7.3. Hydrolyzed Whey Protein (HWP)
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Functional Whey Protein Concentrate Demand Share Forecast, 2019-2026
11. Europe Functional Whey Protein Concentrate Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Functional Whey Protein Concentrate Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Functional Whey Protein Concentrate Market Size and Volume Forecast by Application
11.4.1. Infant Formulae
11.4.2. Bakers & Confectioneries
11.4.3. Snacks
11.4.4. Dairy Products
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Functional Whey Protein Concentrate Market Size and Volume Forecast by Type
11.7.1. Whey Protein Concentrate (WPC)
11.7.2. Whey Protein Isolate (WPI)
11.7.3. Hydrolyzed Whey Protein (HWP)
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Functional Whey Protein Concentrate Demand Share, 2019-2026
12. Asia Pacific Functional Whey Protein Concentrate Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Functional Whey Protein Concentrate Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Functional Whey Protein Concentrate Market Size and Volume Forecast by Application
12.4.1. Infant Formulae
12.4.2. Bakers & Confectioneries
12.4.3. Snacks
12.4.4. Dairy Products
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Functional Whey Protein Concentrate Market Size and Volume Forecast by Type
12.7.1. Whey Protein Concentrate (WPC)
12.7.2. Whey Protein Isolate (WPI)
12.7.3. Hydrolyzed Whey Protein (HWP)
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Functional Whey Protein Concentrate Demand Share, 2019-2026
13. Middle East & Africa Functional Whey Protein Concentrate Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Functional Whey Protein Concentrate Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Functional Whey Protein Concentrate Market Size and Volume Forecast by Application
13.4.1. Infant Formulae
13.4.2. Bakers & Confectioneries
13.4.3. Snacks
13.4.4. Dairy Products
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Functional Whey Protein Concentrate Market Size and Volume Forecast by Type
13.7.1. Whey Protein Concentrate (WPC)
13.7.2. Whey Protein Isolate (WPI)
13.7.3. Hydrolyzed Whey Protein (HWP)
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Functional Whey Protein Concentrate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Functional Whey Protein Concentrate Market: Market Share Analysis
14.2. Functional Whey Protein Concentrate Distributors and Customers
14.3. Functional Whey Protein Concentrate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. The Milky Whey
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Arla Foods
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Davisco Food
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Milk Specialities
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Glanbia
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hilmar Cheese
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Arla Foods AMBA
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Grande Custom Ingredients
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Glanbia Nutritionals
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Global Dairy Network
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hilmar Ingredients
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Groupe Lactalis
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Lactalis
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
