Market Overview:
The global whey market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for whey protein in the pharmaceutical and nutrition industries. Whey protein is used as a dietary supplement and as an ingredient in various food products. It helps in weight loss, muscle building, and improving overall health.
Product Definition:
Whey is a milk-based, high-quality protein. It is the watery part of milk that separates from the curds during cheese making. Whey protein accounts for about 20% of the total protein in cow's milk and contains all nine essential amino acids needed to form a complete protein.
Acid whey:
Acid whey is a by-product formed in the process of cheese making. It contains high concentration of protein, fat and calcium. The product has ability to absorb more than two times its own volume of acidity or pH level. This property makes it useful for various applications such as meat curing and food & beverage industry which requires processed meat with higher content of protein as well as calcium without affecting the taste or quality.
Sweet whey:
Whey is a by-product obtained during the production of cheese. It contains amino acids, minerals, vitamins and enzymes which are essential for human health. Whey also has several benefits for pet health such as improved coat quality & skin texture & increased bone strength and cartilage growth.
Application Insights:
The global market is segmented by application into food, feed, pharma, nutrition and health care. The food application segment led the market in 2017 and is projected to continue its dominance over the forecast period. Whey is a natural source of protein and contains several bio-active compounds that have nutritional value as well as offer therapeutic benefits for human health. These factors are anticipated to drive product demand in the coming years.
Whey proteins are used extensively in manufacturing dietary supplements owing to their high solubility property which helps muscles absorb essential vitamins such as B6 & B12; C; E & beta alanine among others found naturally in foods like fruits & vegetables along with providing energy when consumed before or during training sessions.
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 health consciousness and rising disposable income in emerging economies including China, India, Thailand, Philippines and Indonesia. Moreover Demineralized whey products are gaining popularity due to their abilityto increase muscle strength within a short time period as comparedto acid whey which needs longer time for results.
North America was the second largest region followed by Europe in 2017 owing to high product demand from countries including U.S.
Growth Factors:
- Increasing demand from the fitness and sports industry for whey protein supplements as a source of high-quality protein to support muscle growth and development.
- Rising awareness about the health benefits of whey protein, especially among people looking for ways to improve their overall health and well-being.
- Growing popularity of low carbohydrate/high protein diets, which has helped boost demand for whey proteins as a weight management tool.
- Rapid expansion of the functional food market, with increasing demand for healthier alternatives to conventional foods such as bakery items, snacks, etc., that contain whey proteins as an ingredient.
Scope Of The Report
Report Attributes
Report Details
Report Title
Whey Market Research Report
By Type
Acid whey, Sweet whey, Demineralized whey, Non-Demineralized whey,
By Application
Pharma, Nutrition, Health care, Personal care, Food, Feed,
By Companies
Euroserum(FR), FrieslandCampina(NL), Lactalis Ingredients(FR), Hilmar Cheese Company(US), DMK(DK), Arla Foods(DK), Fonterra(NZ), Volac(UK), Leprino Foods Company(US), Saputo Ingredients(US), Davisco Foods(US), Agropur(US), Glanbia Nutritionals(UK), Devondale Murray Goulburn(AU), Swiss Valley Farms(CH), Sachsenmilch Leppersdorf(DE), Valio(FL), Bongrain Group(FR), Associated Milk Producers(US), Carbery(UK), Land O'Lakes(US), Brewster Cheese Company(CH), MILEI(DE), Dairygold Co-Operative Society(UK), DOC Kaas(NL)
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 Whey Market Report Segments:
The global Whey market is segmented on the basis of:
Types
Acid whey, Sweet whey, Demineralized whey, Non-Demineralized whey,
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
Pharma, Nutrition, Health care, Personal care, Food, Feed,
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(FR)
- FrieslandCampina(NL)
- Lactalis Ingredients(FR)
- Hilmar Cheese Company(US)
- DMK(DK)
- Arla Foods(DK)
- Fonterra(NZ)
- Volac(UK)
- Leprino Foods Company(US)
- Saputo Ingredients(US)
- Davisco Foods(US)
- Agropur(US)
- Glanbia Nutritionals(UK)
- Devondale Murray Goulburn(AU)
- Swiss Valley Farms(CH)
- Sachsenmilch Leppersdorf(DE)
- Valio(FL)
- Bongrain Group(FR)
- Associated Milk Producers(US)
- Carbery(UK)
- Land O'Lakes(US)
- Brewster Cheese Company(CH)
- MILEI(DE)
- Dairygold Co-Operative Society(UK)
- DOC Kaas(NL)
Highlights of The 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:
- Acid whey
- Sweet whey
- Demineralized whey
- Non-Demineralized whey
- By Application:
- Pharma
- Nutrition
- Health care
- Personal care
- Food
- Feed
- 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 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?
Whey is a by-product of cheese production. It is a high-quality protein that can be used in food products.
Some of the major players in the whey market are Euroserum(FR), FrieslandCampina(NL), Lactalis Ingredients(FR), Hilmar Cheese Company(US), DMK(DK), Arla Foods(DK), Fonterra(NZ), Volac(UK), Leprino Foods Company(US), Saputo Ingredients(US), Davisco Foods(US), Agropur(US), Glanbia Nutritionals(UK), Devondale Murray Goulburn(AU), Swiss Valley Farms(CH), Sachsenmilch Leppersdorf(DE), Valio(FL), Bongrain Group(FR), Associated Milk Producers(US), Carbery(UK), Land O'Lakes(US), Brewster Cheese Company(CH), MILEI(DE), Dairygold Co-Operative Society(UK), DOC Kaas(NL).
The whey market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Whey 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. Whey Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Whey Market - Supply Chain
4.5. Global Whey Market Forecast
4.5.1. Whey Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Whey Market Size (000 Units) and Y-o-Y Growth
4.5.3. Whey Market Absolute $ Opportunity
5. Global Whey 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. Whey Market Size and Volume Forecast by Type
5.3.1. Acid whey
5.3.2. Sweet whey
5.3.3. Demineralized whey
5.3.4. Non-Demineralized whey
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Whey 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. Whey Market Size and Volume Forecast by Application
6.3.1. Pharma
6.3.2. Nutrition
6.3.3. Health care
6.3.4. Personal care
6.3.5. Food
6.3.6. Feed
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Whey 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. Whey 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 Whey 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. Whey 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 Whey Demand Share Forecast, 2019-2026
9. North America Whey 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 Whey 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 Whey Market Size and Volume Forecast by Application
9.4.1. Pharma
9.4.2. Nutrition
9.4.3. Health care
9.4.4. Personal care
9.4.5. Food
9.4.6. Feed
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Whey Market Size and Volume Forecast by Type
9.7.1. Acid whey
9.7.2. Sweet whey
9.7.3. Demineralized whey
9.7.4. Non-Demineralized whey
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 Whey Demand Share Forecast, 2019-2026
10. Latin America Whey 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 Whey 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 Whey Market Size and Volume Forecast by Application
10.4.1. Pharma
10.4.2. Nutrition
10.4.3. Health care
10.4.4. Personal care
10.4.5. Food
10.4.6. Feed
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Whey Market Size and Volume Forecast by Type
10.7.1. Acid whey
10.7.2. Sweet whey
10.7.3. Demineralized whey
10.7.4. Non-Demineralized whey
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 Whey Demand Share Forecast, 2019-2026
11. Europe Whey 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 Whey 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 Whey Market Size and Volume Forecast by Application
11.4.1. Pharma
11.4.2. Nutrition
11.4.3. Health care
11.4.4. Personal care
11.4.5. Food
11.4.6. Feed
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Whey Market Size and Volume Forecast by Type
11.7.1. Acid whey
11.7.2. Sweet whey
11.7.3. Demineralized whey
11.7.4. Non-Demineralized whey
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. B Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Whey Demand Share, 2019-2026
12. Asia Pacific Whey 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 Whey 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 Whey Market Size and Volume Forecast by Application
12.4.1. Pharma
12.4.2. Nutrition
12.4.3. Health care
12.4.4. Personal care
12.4.5. Food
12.4.6. Feed
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Whey Market Size and Volume Forecast by Type
12.7.1. Acid whey
12.7.2. Sweet whey
12.7.3. Demineralized whey
12.7.4. Non-Demineralized whey
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 Whey Demand Share, 2019-2026
13. Middle East & Africa Whey 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 Whey 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 Whey Market Size and Volume Forecast by Application
13.4.1. Pharma
13.4.2. Nutrition
13.4.3. Health care
13.4.4. Personal care
13.4.5. Food
13.4.6. Feed
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Whey Market Size and Volume Forecast by Type
13.7.1. Acid whey
13.7.2. Sweet whey
13.7.3. Demineralized whey
13.7.4. Non-Demineralized whey
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 Whey Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Whey Market: Market Share Analysis
14.2. Whey Distributors and Customers
14.3. Whey Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Euroserum(FR)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. FrieslandCampina(NL)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lactalis Ingredients(FR)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hilmar Cheese Company(US)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. DMK(DK)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Arla Foods(DK)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Fonterra(NZ)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Volac(UK)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Leprino Foods Company(US)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Saputo Ingredients(US)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Davisco Foods(US)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Agropur(US)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Glanbia Nutritionals(UK)
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Devondale Murray Goulburn(AU)
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Swiss Valley Farms(CH)
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Sachsenmilch Leppersdorf(DE)
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Valio(FL)
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Bongrain Group(FR)
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Associated Milk Producers(US)
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Carbery(UK)
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook