The United Kingdom whey protein market size is projected to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to rising incidence of chronic illnesses due to changing lifestyle.
Whey protein is used in various types of dietary supplements. It is usually made from amino acid, leftover cheese-absorbed water, and other branched amino acids. According to Statista, whey protein consumption was approximately USD 9.2 billion in 2020 globally.
Protein helps in regaining the muscles, weight loss, and provide well-balanced diet. The side effects of whey protein include stomach pain and digestive cramps if it is highly consumed People with lactose intolerance might get allergic reactions with the consumption of whey protein.
The report on the United Kingdom whey protein market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes | Details |
Report Title | United Kingdom whey protein Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
Base Year | 2020 |
Historic Data | 2018–2019 |
Forecast Period | 2021–2028 |
Segmentation | Types (Whey Protein Concentrate, Whey Protein Isolate, and Hydrolyzed Whey Protein), Applications (Sports and Performance Nutrition, Infant Formula, and Functional/Fortified Food) |
Geographical Zone | The UK |
Report Coverage | Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered in the Report | Agropur MSI, LLC; Arla Foods; Davisco Cheese Company; Glanbia Plc; and Lactalis |
Based on types, the market is divided into whey protein concentrate, whey protein isolate, and hydrolyzed whey protein. The hydrolyzed whey protein segment is expected to grow at a rapid pace during the forecast period owing to easy digestibility and it helps in speedy recovery. However, the whey protein concentrate segment is anticipated to hold a key share of the market in the coming years owing to mass production as it’s used in most of the nutritional food products. Additionally, growing awareness regarding whey protein in the country and rising health consciousness are anticipated to spur the market segment growth.
On the basis of applications, the market is segregated into sports and performance nutrition, infant formula and functional/fortified food. The sports and performance nutrition segment is anticipated to register a considerable CAGR during the forecast period owing to rising use of whey protein as energy drinks on regular basis. Moreover, during Tokyo 2020 Olympics, players used whey protein as a source of rejuvenating themselves. On the other hand, the infant formula segment is anticipated to account for a major market share during the forecast period due to development of new formulation for infants for growth without any side effects. Furthermore, the functional food segment is projected to expand at healthy CAGR due to rising whey protein utilization in fortified food products.
Segments Covered in the Report
The United Kingdom whey protein market has been segmented on the basis of
Types
Applications
Geographical Zone
Key Players
Key players competing in the United Kingdom whey protein market are Agropur MSI, LLC; Arla Foods; Davisco Cheese Company; Glanbia Plc; and Lactalis.
Major industry players are expanding their production capacity and entering in partnership with local food manufacturers to increase their market share.
In August 2021, Arla Foods Ingredients launched a whey protein ingredient to help meet the growing demand for high-protein yogurts and soft nutrition bars with health credentials.
In October 2018, Glabia Plc, an Ireland-based nutrition group, agreed to sign and acquire SlimFast entities for USD 350 million.
Segments Covered in the Report
The United Kingdom whey protein market has been segmented on the basis of
Types
Applications
Geographical Zone
Key Players
Key players competing in the United Kingdom whey protein market are Agropur MSI, LLC; Arla Foods; Davisco Cheese Company; Glanbia Plc; and Lactalis.
Major industry players are expanding their production capacity and entering in partnership with local food manufacturers to increase their market share.
In August 2021, Arla Foods Ingredients launched a whey protein ingredient to help meet the growing demand for high-protein yogurts and soft nutrition bars with health credentials.
In October 2018, Glabia Plc, an Ireland-based nutrition group, agreed to sign and acquire SlimFast entities for USD 350 million.
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