Global Whey Protein Concentrates Market, By Composition (Whey Protein Concentrate 35, Whey Protein Concentrate 50, Whey Protein Concentrate 60-80), Nature (Organic, Conventional), Form (Powder, Cream), End Use (Infant Formula and Baby Foods, Dietary Supplements, Food Processing, Sports Nutrition, Beverages, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Whey Protein Concentrates Market Analysis and Insights
Whey protein concentrates market is expected to grow at a compound annual rate of 8.70% in the forecast period 2021 to 2028. The increase in the consumption of nutritious products and protein-rich food is the factor for the whey protein concentrates market in the forecast period of 2021 to 2028.
Whey protein is a type of a protein contained in whey, the watery portion of milk that separates from the curds while making cheese. It also have the highest nutritional value amongst all food proteins, whey protein is usually marketed as a dietary supplement.
The major growing factor towards whey protein concentrates market is the rising number of health-conscious consumers globally which have accelerated the usage of whey protein concentrate in food products. The prime factor driving the demand for whey protein concentrates is the growing awareness among parents regarding the nutritional benefits of infant formula. Furthermore, the increasing incidences of chronic illnesses owing to changing lifestyles, particularly among the millennial population, is leading to the adoption of protein-rich diets which is also heightening the overall demand for whey protein concentrates market over the forecast period of 2021 to 2028. Moreover, the rising purchase of sport nutrition products as well as protein rich food and beverages such as dietary supplements and ready meals also serves as foremost drivers for increasing the demand for whey protein concentrates market at a global level. In addition, the high disposable income and reversing weight loss and rising glutathione (GSH) in people with HIV disease, the product has a lot of benefits which are also lifting the growth of the whey protein concentrates market.
However, the high manufacturing costs of whey protein as well as the growing health and safety concerns and some side effects are projected to act as a restraint towards the growth of whey protein concentrates market, whereas the increasing substitution of product have the potential to challenge the growth of the whey protein concentrates market.
Moreover, the constant R&D and innovations in the whey protein concentrates as well as rising trend of consuming plant derived protein diet such as soy and wheat will further generate new opportunities for the whey protein concentrates market in the forecast period of 2021 to 2028.
This whey protein concentrates market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on whey protein concentrates market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Whey Protein Concentrates Market Scope and Market Size
Whey protein concentrates market is segmented on the basis of composition, nature, form, end use. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of composition, the whey protein concentrates market has been segmented into whey protein concentrate 35, whey protein concentrate 50 and whey protein concentrate 60-80.
- Based on nature, the whey protein concentrates market has been segmented into organic and conventional.
- On the basis of form, the whey protein concentrates market has been segmented into powder and cream.
- The end use segment of the whey protein concentrates has been segmented into infant formula and baby foods, dietary supplements, food processing, sports nutrition, beverages and others. Others have further been segmented into animal feed, clinical nutrition and others.
Whey Protein Concentrates Market Country Level Analysis
Whey protein concentrates market is analyses and market size, volume information is provided by country, composition, nature, form and end use as referenced above.
The countries covered in the whey protein concentrates market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
North America leads the whey protein concentrates market because of the rising health consciousness amongst the customers as well as high disposable income and easy availability of several processed and ready-to-eat foods in the region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 due to the increasing exports and domestic demand for dairy-based protein ingredients such as whey and casein within this region.
The country section of the whey protein concentrates market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Whey Protein Concentrates Market Share Analysis
Whey protein concentrates market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to whey protein concentrates market.
The major players covered in the whey protein concentrates market report are Fonterra Co-operative Group Limited, Glanbia plc, Idaho Milk Products, Arla Foods Ingredients Group P/S, AMCO Proteins, Westland Milk Products, Nutrinnovate Australia, wheyco GmbH, Hoogwegt, MGP, LACTALIS Ingredients, LAÏTA, Interfood, Erie Foods, Kerry, Unternehmensgruppe Theo Müller, Grassland Dairy products, Darigold, Olam International and ALPAVIT, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provide competitive analysis for each competitor separately.
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