Market Overview:
The global whey concentrates market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for whey protein supplements by athletes and bodybuilders, rising awareness about the health benefits of whey protein, and growing demand for functional foods and beverages. Based on type, the global whey concentrates market is segmented into 5 lbs.
Product Definition:
Whey Concentrates are a dairy by-product that is high in protein and low in lactose. It is used as a nutritional supplement, and can be found in many protein powders.
2 Lbs or less than 2 pounds is called as Less Than 2 Lbs (LTL) and it's usage in the whey concentrates market is growing at a very high rate. The growth factor for this segment is due to the fact that these products are being used by many health conscious people around the globe who are looking for an alternative to lose weight.
2-5 Lbs:
2-5 Lbs is the weight range for whey concentrates. It contains around 80% of protein and 20% to 5% fat depending upon brand. Whey concentrates are used in various applications such as bakery, confectionery, dairy desserts, ice creams and other frozen products among others.
Application Insights:
The muscle support application segment led the market and accounted for more than 35.0% share of the global revenue in 2017. The product is widely used to promote lean body mass, improve metabolism, enhance exercise performance and reduce inflammation. Whey protein hydrolysates are considered as ideal supplements for athletes as it helps in reducing fatigue and promoting lean muscle growth by enhancing training performance.
Whey protein is a rich source of BCAAs (branch-chained amino acids) which help in reducing muscle damage caused during workouts or due to overtraining by providing various essential nutrients such as proteins, minerals, vitamins & fatty acids to muscles thus preventing breakdown & improving recovery time between workouts. This factor is expected to drive demand from this segment over the forecast period owing to rising awareness about health benefits among consumers globally especially fitness enthusiasts across the globe.
Regional Analysis:
North America was the largest market in 2017 owing to high product demand from sports nutrition and medical sectors. The region is expected to maintain its dominance over the forecast period due to rising concerns regarding fitness and health. Asia Pacific is projected to be the fastest-growing regional market during the forecast years on account of increasing awareness about protein supplements, improving healthcare facilities for bodybuilding, and growing disposable income levels in developing countries like China & India. Moreover, whey concentrates are widely used as a filler ingredient in processed foods such as burgers, sandwiches, hot dogs, frozen pizza etc., which will have a positive impact on industry growth over next eight years or so.
The European market also held significant share of global revenue due to high concentration of supplement manufacturers like Jarrow Formulas Ltd.; Optimum Nutrition (ON) Plc; BSN Inc.
Growth Factors:
- Increasing demand for healthy and nutritious food products is driving the growth of the whey concentrates market.
- The increasing popularity of sports and fitness activities is also propelling the demand for whey concentrates products.
- The growing awareness about the health benefits of whey concentrates is fueling its demand in various end-use industries such as food & beverage, dietary supplements, and pharmaceuticals among others.
- Rising disposable income levels in developing countries are providing a major impetus to the growth of this market globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Whey Concentrates Market Research Report
By Type
<2 Lbs, 2-5 Lbs, >5 Lbs
By Application
Muscle Support, Recovery, Appetite Restraince, Others
By Companies
Freedom Foods Group, Interfood, Makers Nutrition, Gemini Pharmaceuticals, NutraScience Labs, Tru Body Wellness, Sponser Sport Food AG, Arla Foods Ingredients, Tetra Pak, Lactalis Ingredients, Agropur US, Optimum Nutrition, MuscleTech, MusclePharm
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
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Whey Concentrates Market Report Segments:
The global Whey Concentrates market is segmented on the basis of:
Types
<2 Lbs, 2-5 Lbs, >5 Lbs
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
Muscle Support, Recovery, Appetite Restraince, Others
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:
- Freedom Foods Group
- Interfood
- Makers Nutrition
- Gemini Pharmaceuticals
- NutraScience Labs
- Tru Body Wellness
- Sponser Sport Food AG
- Arla Foods Ingredients
- Tetra Pak
- Lactalis Ingredients
- Agropur US
- Optimum Nutrition
- MuscleTech
- MusclePharm
Highlights of The Whey Concentrates 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:
- <2 Lbs
- 2-5 Lbs
- >5 Lbs
- By Application:
- Muscle Support
- Recovery
- Appetite Restraince
- Others
- 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 Whey Concentrates 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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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?
Whey concentrates are a type of protein powder that is made from the whey that is left after milk has been processed. Whey concentrates are often used in bodybuilding and weightlifting because they provide a high level of protein.
Some of the major companies in the whey concentrates market are Freedom Foods Group, Interfood, Makers Nutrition, Gemini Pharmaceuticals, NutraScience Labs, Tru Body Wellness, Sponser Sport Food AG, Arla Foods Ingredients, Tetra Pak, Lactalis Ingredients, Agropur US, Optimum Nutrition, MuscleTech, MusclePharm.
The whey concentrates 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 Whey Concentrates 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 Whey Concentrates Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Whey Concentrates 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 Whey Concentrates 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 Whey Concentrates Market Size & Forecast, 2020-2028 4.5.1 Whey Concentrates Market Size and Y-o-Y Growth 4.5.2 Whey Concentrates Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 <2 Lbs
5.2.2 2-5 Lbs
5.2.3 >5 Lbs
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Muscle Support
6.2.2 Recovery
6.2.3 Appetite Restraince
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Whey Concentrates 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 Whey Concentrates 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 <2 Lbs
9.6.2 2-5 Lbs
9.6.3 >5 Lbs
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 Market Size Forecast by Applications
9.10.1 Muscle Support
9.10.2 Recovery
9.10.3 Appetite Restraince
9.10.4 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 <2 Lbs
10.6.2 2-5 Lbs
10.6.3 >5 Lbs
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 Market Size Forecast by Applications
10.10.1 Muscle Support
10.10.2 Recovery
10.10.3 Appetite Restraince
10.10.4 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 <2 Lbs
11.6.2 2-5 Lbs
11.6.3 >5 Lbs
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 Market Size Forecast by Applications
11.10.1 Muscle Support
11.10.2 Recovery
11.10.3 Appetite Restraince
11.10.4 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 <2 Lbs
12.6.2 2-5 Lbs
12.6.3 >5 Lbs
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 Market Size Forecast by Applications
12.10.1 Muscle Support
12.10.2 Recovery
12.10.3 Appetite Restraince
12.10.4 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 <2 Lbs
13.6.2 2-5 Lbs
13.6.3 >5 Lbs
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) Market Size Forecast by Applications
13.10.1 Muscle Support
13.10.2 Recovery
13.10.3 Appetite Restraince
13.10.4 Others
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 Whey Concentrates Market: Competitive Dashboard
14.2 Global Whey Concentrates Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Freedom Foods Group
14.3.2 Interfood
14.3.3 Makers Nutrition
14.3.4 Gemini Pharmaceuticals
14.3.5 NutraScience Labs
14.3.6 Tru Body Wellness
14.3.7 Sponser Sport Food AG
14.3.8 Arla Foods Ingredients
14.3.9 Tetra Pak
14.3.10 Lactalis Ingredients
14.3.11 Agropur US
14.3.12 Optimum Nutrition
14.3.13 MuscleTech
14.3.14 MusclePharm