Market Overview:
The global whey protein products market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for whey protein products from the food and beverage industry, rising awareness about the benefits of whey protein products among consumers, and growing demand for premium-quality whey protein products. On the basis of type, the global whey protein products market is segmented into concentrate, isolate, and hydrolysate. The concentrate segment is expected to account for a major share of the global Whey Protein Products Market in 2018. On the basis of application,the Whey Protein Products Market is segmented into food and beverage, baby food, sport nutrition,, pharmaceuticals and clinical nutrition,, animal feed),and others (including dietary supplements). The food & beverage sector accounted for majority share in 2017 owing to high demand from developed countries such as U.S., Canada., Germany., France., Italy,. etc.). However,.
Product Definition:
Whey protein is a high-quality source of protein that is derived from cow’s milk. It contains all of the essential amino acids needed to build muscle and support health. Whey protein is also rich in cysteine, which helps the body produce glutathione, a powerful antioxidant.
Concentrate:
Concentrate is a highly refined form of whey protein. It has a high concentration of amino acids and is used as an ingredient in various food products such as energy bars, dietary supplements, nutrition drinks and others. Whey proteins are extracted from milk and have been shown to be the most effective source for building & maintaining muscle mass (1).
Isolate:
Whey protein products are increasingly being used by bodybuilders, athletes and people involved in physical activities to improve their muscle strength. Whey proteins are extracted from milk and the process of isolating them makes it possible to concentrate the protein content which is then sold in various forms such as powder, tablets or capsules. The market for whey proteins is expected to grow on account of rising health consciousness among consumers along with increasing disposable income levels especially in emerging economies like India & China.
Application Insights:
Food and beverage was the largest application segment in 2017. The product is widely used in bakery products, dairy products, snacks, cereals and granola bars among others. Growing demand for protein-rich foods to promote muscle growth and improve stamina is expected to be a key factor driving the segment over the forecast period.
The pharmaceutical and clinical nutrition application segment accounted for USD 205.0 million in 2017 on account of Whey being an excellent source of immunoglobulins that help reduce inflammation throughout body systems including respiratory system, cardiovascular system, gastrointestinal tract (gut) among others.
Regional Analysis:
North America was the largest regional market in 2017 owing to high consumer awareness and presence of key companies. The region will retain its dominant position throughout the forecast years due to increasing focus on a healthy lifestyle by people in countries, such as U.S., Canada, and Mexico. Whey protein products are considered an essential ingredient for bodybuilders, who need them for building muscle mass efficiently.
Growth Factors:
- Increasing demand for healthy and nutritious food products is driving the growth of the whey protein products market.
- Rising awareness about the health benefits of whey protein is fueling its demand among consumers.
- Growing popularity of sports and fitness activities is propelling the growth of the whey protein products market.
- increasing disposable income of consumers is enabling them to purchase premium quality whey protein products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Whey Protein Products Market Research Report
By Type
Concentrate, Isolate, Hydrolysate
By Application
Food And Beverage, Baby Food, Sport Nutrition, Pharmaceutical And Clinical Nutrition, Animal Feed
By Companies
Agropur MSI, Arla Foods, Carbery Group, Champignon-Hofmeister, DMK Group, Davisco Foods International, Fonterra Co-operative Group, FrieslandCampina Ingredients, Glanbia, Milk Specialties Global, Hilmar Cheese Company, Lactalis Ingredients, Land O'Lakes, Leprino, Maple Island, Milk Specialties Global
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Whey Protein Products Market Report Segments:
The global Whey Protein Products market is segmented on the basis of:
Types
Concentrate, Isolate, Hydrolysate
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
Food And Beverage, Baby Food, Sport Nutrition, Pharmaceutical And Clinical Nutrition, Animal 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:
- Agropur MSI
- Arla Foods
- Carbery Group
- Champignon-Hofmeister
- DMK Group
- Davisco Foods International
- Fonterra Co-operative Group
- FrieslandCampina Ingredients
- Glanbia
- Milk Specialties Global
- Hilmar Cheese Company
- Lactalis Ingredients
- Land O'Lakes
- Leprino
- Maple Island
- Milk Specialties Global
Highlights of The Whey Protein Products 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:
- Concentrate
- Isolate
- Hydrolysate
- By Application:
- Food And Beverage
- Baby Food
- Sport Nutrition
- Pharmaceutical And Clinical Nutrition
- Animal 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 Protein Products 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 protein products are a type of dietary supplement that is made from the milk proteins that have been removed from whole milk. Whey protein supplements can be found in many different forms, including powders, bars, and drinks. They are often recommended for people who want to increase their muscle mass or improve their athletic performance.
Some of the major players in the whey protein products market are Agropur MSI, Arla Foods, Carbery Group, Champignon-Hofmeister, DMK Group, Davisco Foods International, Fonterra Co-operative Group, FrieslandCampina Ingredients, Glanbia, Milk Specialties Global, Hilmar Cheese Company, Lactalis Ingredients, Land O'Lakes, Leprino, Maple Island, Milk Specialties Global.
The whey protein products market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Whey Protein Products 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 Protein Products Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Whey Protein Products Market - Supply Chain
4.5. Global Whey Protein Products Market Forecast
4.5.1. Whey Protein Products Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Whey Protein Products Market Size (000 Units) and Y-o-Y Growth
4.5.3. Whey Protein Products Market Absolute $ Opportunity
5. Global Whey Protein Products 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 Protein Products Market Size and Volume Forecast by Type
5.3.1. Concentrate
5.3.2. Isolate
5.3.3. Hydrolysate
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Whey Protein Products 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 Protein Products Market Size and Volume Forecast by Application
6.3.1. Food And Beverage
6.3.2. Baby Food
6.3.3. Sport Nutrition
6.3.4. Pharmaceutical And Clinical Nutrition
6.3.5. Animal Feed
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Whey Protein Products 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 Protein Products 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 Protein Products 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 Protein Products 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 Protein Products Demand Share Forecast, 2019-2026
9. North America Whey Protein Products 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 Protein Products 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 Protein Products Market Size and Volume Forecast by Application
9.4.1. Food And Beverage
9.4.2. Baby Food
9.4.3. Sport Nutrition
9.4.4. Pharmaceutical And Clinical Nutrition
9.4.5. Animal Feed
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Whey Protein Products Market Size and Volume Forecast by Type
9.7.1. Concentrate
9.7.2. Isolate
9.7.3. Hydrolysate
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 Protein Products Demand Share Forecast, 2019-2026
10. Latin America Whey Protein Products 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 Protein Products 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 Protein Products Market Size and Volume Forecast by Application
10.4.1. Food And Beverage
10.4.2. Baby Food
10.4.3. Sport Nutrition
10.4.4. Pharmaceutical And Clinical Nutrition
10.4.5. Animal Feed
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Whey Protein Products Market Size and Volume Forecast by Type
10.7.1. Concentrate
10.7.2. Isolate
10.7.3. Hydrolysate
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 Protein Products Demand Share Forecast, 2019-2026
11. Europe Whey Protein Products 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 Protein Products 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 Protein Products Market Size and Volume Forecast by Application
11.4.1. Food And Beverage
11.4.2. Baby Food
11.4.3. Sport Nutrition
11.4.4. Pharmaceutical And Clinical Nutrition
11.4.5. Animal Feed
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Whey Protein Products Market Size and Volume Forecast by Type
11.7.1. Concentrate
11.7.2. Isolate
11.7.3. Hydrolysate
11.8. Basis Point Share (BPS) Analysis b 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 Whey Protein Products Demand Share, 2019-2026
12. Asia Pacific Whey Protein Products 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 Protein Products 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 Protein Products Market Size and Volume Forecast by Application
12.4.1. Food And Beverage
12.4.2. Baby Food
12.4.3. Sport Nutrition
12.4.4. Pharmaceutical And Clinical Nutrition
12.4.5. Animal Feed
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Whey Protein Products Market Size and Volume Forecast by Type
12.7.1. Concentrate
12.7.2. Isolate
12.7.3. Hydrolysate
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 Protein Products Demand Share, 2019-2026
13. Middle East & Africa Whey Protein Products 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 Protein Products 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 Protein Products Market Size and Volume Forecast by Application
13.4.1. Food And Beverage
13.4.2. Baby Food
13.4.3. Sport Nutrition
13.4.4. Pharmaceutical And Clinical Nutrition
13.4.5. Animal 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 Protein Products Market Size and Volume Forecast by Type
13.7.1. Concentrate
13.7.2. Isolate
13.7.3. Hydrolysate
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 Protein Products Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Whey Protein Products Market: Market Share Analysis
14.2. Whey Protein Products Distributors and Customers
14.3. Whey Protein Products Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Agropur MSI
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. Carbery Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Champignon-Hofmeister
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 Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Davisco Foods International
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 Co-operative Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. FrieslandCampina 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
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Milk Specialties Global
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 Cheese Company
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Lactalis Ingredients
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Land O'Lakes
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Leprino
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Maple Island
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Milk Specialties Global
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