Market Overview:
The global concentrated whey market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for concentrated whey products from various applications such as nutritional supplements, personnel care, feed industry, and food industry. North America is expected to dominate the global concentrated whey market during the forecast period owing to the presence of key players in this region and rising demand for nutritional supplements. Asia Pacific is projected to be fastest-growing region in terms of CAGR during the forecast period owing to rising disposable income and growing awareness about health benefits associated with consumption of concentrated whey products.
Product Definition:
A whey protein concentrate is a food product that has been produced by removing most of the water from whey. Whey protein concentrates are made by passing hot water through cheese curds, causing the curds to break up and release the whey. The hot water is then allowed to cool, causing the whey proteins to precipitate (form clumps) and fall out of suspension. The remaining solids (cheese) are then removed from the mixture, leaving behind a concentrated form of whey protein.
Liquid:
Liquid is the by-product formed in the process of manufacturing concentrated whey. It has a high concentration of protein, minerals & vitamins and low fat content as compared to its counterpart - Whey Protein Concentrate (WPC). Liquid is used for various applications such as sports nutrition products, dietary supplements and infant formulas. The liquid form of concentrates helps increase absorption rate by around 15% to 20%.
Powder:
Powder is a dry, free-flowing powder made from milk proteins. It has high protein content and low fat content as compared to whole milk. The product is used in various food applications including bakery products, nutritional bars, ice creams & sorbet and beverages like smoothies & milkshakes. Whey powders are also used for infant nutrition which comprises of baby foods such as oatmeal and porridge along with amino acids that are essential for the growth of infants.
Application Insights:
The nutritional supplements application segment led the global market in 2017. The product is used as a food additive and dietary supplement for improving human health. It is considered to be an excellent source of protein, calcium, vitamin B6 and phosphorus. The rising demand for nutritional supplements on account of increasing awareness about healthy lifestyle among consumers will drive the segment growth over the forecast period.
The personnel care industry accounted for a significant share in 2017 owing to high product utilization in cleaning products such as laundry detergent, dishwashing gels & liquids, hard surface cleaners like oven cleaners and bathroom cleaner which are widely used across households due to their superior properties including emulsification, wetting action etc., which makes them suitable for use with various household fabrics such as carpets and upholstery fabrics thereby enhancing their cleanliness after washing thus driving its demand over the forecast period.
Regional Analysis:
North America dominated the global market in terms of revenue with a share of over 40.0% in 2017. This is attributed to growing consumer awareness regarding health, fitness and sports along with rising obesity levels among people in this region. The concentration of protein molecules higher than 80% is responsible for the Whey Protein Products high demand across this region which further drives industry growth.
Asia Pacific concentrates on muscle building and development, which has led to an increase in product consumption across countries such as China, Japan, South Korea and India owing to rise in population aged between 15-35 years old who are looking for supplements that can build muscles fast rather than slow gains ones resulting into increased demand from feed industry also driving growth over next eight years period (2018 - 2030).
Growth Factors:
- Increasing demand for whey protein as a dietary supplement for sportspersons and bodybuilders.
- Rising awareness about the health benefits of whey protein among the general population.
- Growing popularity of high-protein diets among people looking to lose weight or maintain their weight levels.
- increasing demand from developing countries owing to rising disposable incomes and changing lifestyles . 5) technological advancements in concentrated whey processing that improve product quality and consistency
Scope Of The Report
Report Attributes
Report Details
Report Title
Concentrated Whey Market Research Report
By Type
Liquid, Powder
By Application
Nutritional Supplements, Personnel care, Feed Industry, Food
By Companies
Agropur, Arla Foods, Glanbia, Hilmar Cheese Company, Milk Specialties Global, Kerry Group, Carbery, Leprino Foods Company, Lactalis Group and Grande Cheese
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Concentrated Whey Market Report Segments:
The global Concentrated Whey market is segmented on the basis of:
Types
Liquid, Powder
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
Nutritional Supplements, Personnel care, Feed Industry, Food
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:
- Agropur
- Arla Foods
- Glanbia
- Hilmar Cheese Company
- Milk Specialties Global
- Kerry Group
- Carbery
- Leprino Foods Company
- Lactalis Group and Grande Cheese
Highlights of The Concentrated Whey 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:
- Liquid
- Powder
- By Application:
- Nutritional Supplements
- Personnel care
- Feed Industry
- Food
- 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 Concentrated Whey 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Concentrated whey is a type of protein powder that has been concentrated by removing water from the product. This makes it a more potent form of protein and provides faster absorption into the body.
Some of the major players in the concentrated whey market are Agropur, Arla Foods, Glanbia, Hilmar Cheese Company, Milk Specialties Global, Kerry Group, Carbery, Leprino Foods Company, Lactalis Group and Grande Cheese.
The concentrated whey market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Concentrated Whey Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Concentrated Whey Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Concentrated Whey Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Concentrated Whey Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Concentrated Whey Market Size & Forecast, 2018-2028
4.5.1 Concentrated Whey Market Size and Y-o-Y Growth
4.5.2 Concentrated Whey Market Absolute $ Opportunity
Chapter 5 Global Concentrated Whey Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Concentrated Whey Market Size Forecast by Type
5.2.1 Liquid
5.2.2 Powder
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Concentrated Whey Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Concentrated Whey Market Size Forecast by Applications
6.2.1 Nutritional Supplements
6.2.2 Personnel care
6.2.3 Feed Industry
6.2.4 Food
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Concentrated Whey Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Concentrated Whey Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Concentrated Whey Analysis and Forecast
9.1 Introduction
9.2 North America Concentrated Whey Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Concentrated Whey Market Size Forecast by Type
9.6.1 Liquid
9.6.2 Powder
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Concentrated Whey Market Size Forecast by Applications
9.10.1 Nutritional Supplements
9.10.2 Personnel care
9.10.3 Feed Industry
9.10.4 Food
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Concentrated Whey Analysis and Forecast
10.1 Introduction
10.2 Europe Concentrated Whey Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Concentrated Whey Market Size Forecast by Type
10.6.1 Liquid
10.6.2 Powder
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Concentrated Whey Market Size Forecast by Applications
10.10.1 Nutritional Supplements
10.10.2 Personnel care
10.10.3 Feed Industry
10.10.4 Food
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Concentrated Whey Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Concentrated Whey Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Concentrated Whey Market Size Forecast by Type
11.6.1 Liquid
11.6.2 Powder
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Concentrated Whey Market Size Forecast by Applications
11.10.1 Nutritional Supplements
11.10.2 Personnel care
11.10.3 Feed Industry
11.10.4 Food
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Concentrated Whey Analysis and Forecast
12.1 Introduction
12.2 Latin America Concentrated Whey Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Concentrated Whey Market Size Forecast by Type
12.6.1 Liquid
12.6.2 Powder
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Concentrated Whey Market Size Forecast by Applications
12.10.1 Nutritional Supplements
12.10.2 Personnel care
12.10.3 Feed Industry
12.10.4 Food
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Concentrated Whey Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Concentrated Whey Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Concentrated Whey Market Size Forecast by Type
13.6.1 Liquid
13.6.2 Powder
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Concentrated Whey Market Size Forecast by Applications
13.10.1 Nutritional Supplements
13.10.2 Personnel care
13.10.3 Feed Industry
13.10.4 Food
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Concentrated Whey Market: Competitive Dashboard
14.2 Global Concentrated Whey Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Agropur
14.3.2 Arla Foods
14.3.3 Glanbia
14.3.4 Hilmar Cheese Company
14.3.5 Milk Specialties Global
14.3.6 Kerry Group
14.3.7 Carbery
14.3.8 Leprino Foods Company
14.3.9 Lactalis Group and Grande Cheese
