Market Overview:
The global sweet whey powder 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 dairy products, especially milk and cheese, across the globe. Sweet whey powder is used as an ingredient in various food applications such as baked goods, milk products, and other applications. It is also used as a feed supplement for livestock. The North America region dominates the global sweet whey powder market followed by Europe and Asia Pacific regions.
Product Definition:
A whey powder that is sweetened with sugar or other sweeteners. It is commonly used in baking, as a sweetener in smoothies, and as a flavoring agent.
Fully Demineralized:
Fully demineralized whey is a by-product obtained during the production of regular whey. It contains almost no mineral content and has been processed to remove all the water content from it. The product is considered as one of the best sources for protein supplement owing to its complete amino acid profile, which makes it more valuable than any other conventional source like soy or casein.
Incomplete Demineralized:
In incomplete demineralized whey, the process of removing milk minerals and increasing the concentration of protein through precipitation has been carried out. This product is used as a dietary supplement for adults and athletes to gain muscle mass or to lose weight.
The market size for this product is expected to be USD 1,37,500 by 2022 owing to growing demand from countries such as Japan & South Korea where consumption of dairy products is high on a daily basis.
Application Insights:
Baked goods was the leading application segment in 2017 and will maintain its dominance over the forecast period. Baked goods include bread, cakes, pastries & cookies, crackers & snacks which are widely used across various occasions including breakfast, lunch or dinner. Rising disposable income owing to growing economies such as Asia Pacific is expected to fuel demand for baked products which in turn will support market growth.
The milk products segment is anticipated to register a significant CAGR of XX% from 2018 to 2030 owing to high product consumption in dairy industry worldwide as a functional ingredient for manufacturing cheese and other related dairy products.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing product demand in countries, such as China and India. Furthermore, rising health consciousness among consumers will drive the product demand in this region. In addition, growing population coupled with rising disposable income will boost the food & beverage industry in Asia Pacific which is likely to benefit market growth over the forecast period.
Europe was valued at USD X billion in 2017 and is anticipated to witness significant growth over the forecast period due its high dairy consumption especially by Germany and U.K.
Growth Factors:
- Increasing demand for healthy and nutritious food products is driving the growth of the sweet whey powder market.
- The increasing popularity of sports nutrition supplements is also propelling the growth of the sweet whey powder market.
- The growing demand for bakery and confectionery products is fueling the growth of the sweet whey powder market.
- Rising disposable income levels in developing countries are providing a major impetus to the growth of this market.
- Growing awareness about health benefits associated with consumption of sweet whey powder is another key factor fuelling its demand globally
Scope Of The Report
Report Attributes
Report Details
Report Title
Sweet Whey Powder Market Research Report
By Type
Fully Demineralized, Incomplete Demineralized
By Application
Baked Goods, Milk Products, Other
By Companies
Euroserum, Lactalis Ingredients, Wheyco, Leprino Foods, Saputo Ingredients, Agropur, Prairie Farms Dairy, Land O'Lakes, NZMP, Agri-Dairy Products, Inc., Darigold
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Sweet Whey Powder Market Report Segments:
The global Sweet Whey Powder market is segmented on the basis of:
Types
Fully Demineralized, Incomplete Demineralized
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
Baked Goods, Milk Products, Other
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:
- Euroserum
- Lactalis Ingredients
- Wheyco
- Leprino Foods
- Saputo Ingredients
- Agropur
- Prairie Farms Dairy
- Land O'Lakes
- NZMP
- Agri-Dairy Products, Inc.
- Darigold
Highlights of The Sweet Whey Powder 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:
- Fully Demineralized
- Incomplete Demineralized
- By Application:
- Baked Goods
- Milk Products
- Other
- 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 Sweet Whey Powder 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?
Sweet Whey Powder is a natural whey protein powder that is made from the milk of cows that have been fed sugarcane. It has a sweet taste and is often used as an additive in food products to give them a sweet flavor.
Some of the major players in the sweet whey powder market are Euroserum, Lactalis Ingredients, Wheyco, Leprino Foods, Saputo Ingredients, Agropur, Prairie Farms Dairy, Land O'Lakes, NZMP, Agri-Dairy Products, Inc., Darigold.
The sweet whey powder market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sweet Whey Powder 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. Sweet Whey Powder Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sweet Whey Powder Market - Supply Chain
4.5. Global Sweet Whey Powder Market Forecast
4.5.1. Sweet Whey Powder Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sweet Whey Powder Market Size (000 Units) and Y-o-Y Growth
4.5.3. Sweet Whey Powder Market Absolute $ Opportunity
5. Global Sweet Whey Powder 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. Sweet Whey Powder Market Size and Volume Forecast by Type
5.3.1. Fully Demineralized
5.3.2. Incomplete Demineralized
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sweet Whey Powder 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. Sweet Whey Powder Market Size and Volume Forecast by Application
6.3.1. Baked Goods
6.3.2. Milk Products
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sweet Whey Powder 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. Sweet Whey Powder 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 Sweet Whey Powder 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. Sweet Whey Powder 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 Sweet Whey Powder Demand Share Forecast, 2019-2026
9. North America Sweet Whey Powder 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 Sweet Whey Powder 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 Sweet Whey Powder Market Size and Volume Forecast by Application
9.4.1. Baked Goods
9.4.2. Milk Products
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Sweet Whey Powder Market Size and Volume Forecast by Type
9.7.1. Fully Demineralized
9.7.2. Incomplete Demineralized
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 Sweet Whey Powder Demand Share Forecast, 2019-2026
10. Latin America Sweet Whey Powder 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 Sweet Whey Powder 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 Sweet Whey Powder Market Size and Volume Forecast by Application
10.4.1. Baked Goods
10.4.2. Milk Products
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Sweet Whey Powder Market Size and Volume Forecast by Type
10.7.1. Fully Demineralized
10.7.2. Incomplete Demineralized
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 Sweet Whey Powder Demand Share Forecast, 2019-2026
11. Europe Sweet Whey Powder 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 Sweet Whey Powder 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 Sweet Whey Powder Market Size and Volume Forecast by Application
11.4.1. Baked Goods
11.4.2. Milk Products
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Sweet Whey Powder Market Size and Volume Forecast by Type
11.7.1. Fully Demineralized
11.7.2. Incomplete Demineralized
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market AttractivenessGrowth 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 Sweet Whey Powder Demand Share, 2019-2026
12. Asia Pacific Sweet Whey Powder 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 Sweet Whey Powder 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 Sweet Whey Powder Market Size and Volume Forecast by Application
12.4.1. Baked Goods
12.4.2. Milk Products
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Sweet Whey Powder Market Size and Volume Forecast by Type
12.7.1. Fully Demineralized
12.7.2. Incomplete Demineralized
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 Sweet Whey Powder Demand Share, 2019-2026
13. Middle East & Africa Sweet Whey Powder 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 Sweet Whey Powder 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 Sweet Whey Powder Market Size and Volume Forecast by Application
13.4.1. Baked Goods
13.4.2. Milk Products
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Sweet Whey Powder Market Size and Volume Forecast by Type
13.7.1. Fully Demineralized
13.7.2. Incomplete Demineralized
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 Sweet Whey Powder Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Sweet Whey Powder Market: Market Share Analysis
14.2. Sweet Whey Powder Distributors and Customers
14.3. Sweet Whey Powder Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Euroserum
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Lactalis Ingredients
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Wheyco
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Leprino Foods
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Saputo Ingredients
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Agropur
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Prairie Farms Dairy
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Land O'Lakes
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. NZMP
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Agri-Dairy Products, Inc.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Darigold
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
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
