Canada Whey Protein Market
Segments - by Types (Whey Protein Concentrate, Whey Protein Isolate, and Hydrolyzed Whey Protein), Applications (Sports & Performance Nutrition, Infant Formula, and Functional/Fortified Food), and Country - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The Canada whey protein market size is anticipated to expand at a robust CAGR during the forecast period, 2021-2028. The growth of the market is attributed to the easy digestibility, vast availability, and a robust amino profile.
Whey protein consists of α-lactalbumin, β-lactoglobulin, serum albumin, and immunoglobulin. Whey protein is commonly marketed as a dietary supplement. It is generally consumed for muscle growth, and is comparatively better than other types of protein, such as casein or soy. It is commonly used for improving athletic performance and strength. Whey protein is also used to reverse weight loss in people with HIV and helps in preventing allergic conditions in infants.
It is a rich source of various nutrients such as protein, amino acids, vitamins and minerals. Quality-score and a high percentage of branched-chain amino acids (BCAAs) in whey protein, makes it a suitable product for the fitness industry, as a muscle-building supplement. Whey protein powder also lowers weight, cholesterol, and blood pressure and reduces the risk of cardiovascular diseases. Various benefits of whey protein powder have increased its penetration in various industries such as food and beverages, health supplements, and pharmaceuticals.
Market Trends, Drivers, Restraints, and Opportunities
- Highest obesity rate is anticipated to boost the market growth during the forecast period.
- Increasing inclination toward healthy lifestyle is one of the major factors propelling the market expansion.
- Major population are including whey protein in their daily diet to reach their daily protein requirements and meet their fitness goals, which is projected to boost the market growth during the forecast period.
- Rising demand for sports nutritional supplements is estimated to boost the market expansion in the coming years.
- The COVID-19 outbreak led to the closedown of gyms and fitness clubs across the country. This, in turn, tanked the sales of whey protein products. However, the declining number of cases have resulted in relaxation of restrictions, helping the market reach pre-COVID level.
- Stringent regulatory concerns and required certifications for marketing whey protein can restrict the market expansion in the coming years.
- Mergers, acquisitions, joint ventures, and partnerships are estimated to foster the market expansion in the coming years.
- High processing and manufacturing cost of whey protein powder can hinder the market growth.
- Increasing R&D investment for the development of new flavors without damaging the nutritional content of the protein is anticipated to create lucrative opportunities for the market players.
Scope of the Whey Protein Market Report
The report on the Canada 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 |
Whey Protein Market - Canada 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), and Applications (Sports & Performance Nutrition, Infant Formula, and Functional/Fortified Food) |
|
Geographical Zone |
Canada |
|
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 foods international Inc., American Dairy Producers Institute, and Fonterra Co-operative Group. |
Canada Whey Protein Market Segment Insights
Hydrolyzed whey protein segment to account a large market share
On the basis of types, the market is segmented into whey protein concentrate, whey protein isolate, and hydrolyzed whey protein. The hydrolyzed whey protein segment is expected to constitute a large market share owing to its high absorption rate than both whey protein isolates or concentrates. It’s also easier to digest by people, which makes it preferable for people with digestive issues.
Sports & performance nutrition segment to grow at a significant pace
In terms of applications, the market is divided into sports & performance nutrition, infant formula, and functional/fortified food. The sports & performance nutrition segment is expected to expand at a rapid pace in the coming years due to increasing using of whey protein for the manufacturing of health drinks. Exercising has becoming an essential part of the day-to-day life among people, which in turn, has increased the demand for energy drinks. Whey protein can help in reducing the appetite and add muscle mass in the body.
Segments
The Canada whey protein market has been segmented on the basis of
Types
- Whey Protein Concentrate
- Whey Protein Isolate
- Hydrolyzed Whey Protein
Applications
- Sports & Performance Nutrition
- Infant Formula
- Functional/Fortified Food
Country
- Canada
Key Players
- Agropur MSI, LLC
- Arla Foods
- Davisco foods international Inc.
- American Dairy Producers Institute
- Fonterra Co-operative Group
Competitive Landscape
Key players competing in the Canada whey protein market include Agropur MSI, LLC, Arla Foods, Davisco foods international Inc., American Dairy Producers Institute, and Fonterra Co-operative Group.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Whey Protein 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 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 Market - Supply Chain
4.5. Global Whey Protein Market Forecast
4.5.1. Whey Protein Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Whey Protein Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Whey Protein Market Absolute $ Opportunity
5. Global Whey Protein Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Whey Protein Market Size and Volume Forecast by Types
5.3.1. Whey Protein Concentrate Whey Protein Isolate Hydrolyzed Whey Protein
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Whey Protein Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Whey Protein Market Size and Volume Forecast by Applications
6.3.1. Sports & Performance Nutrition Infant Formula Functional/Fortified Food
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Whey Protein Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Whey Protein Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Whey Protein Demand Share Forecast, 2019-2026
8. North America Whey Protein Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Whey Protein Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Whey Protein Market Size and Volume Forecast by Types
8.4.1. Whey Protein Concentrate Whey Protein Isolate Hydrolyzed Whey Protein
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Whey Protein Market Size and Volume Forecast by Applications
8.7.1. Sports & Performance Nutrition Infant Formula Functional/Fortified Food
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Whey Protein Demand Share Forecast, 2019-2026
9. Latin America Whey Protein 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
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Whey Protein Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Whey Protein Market Size and Volume Forecast by Types
9.4.1. Whey Protein Concentrate Whey Protein Isolate Hydrolyzed Whey Protein
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Whey Protein Market Size and Volume Forecast by Applications
9.7.1. Sports & Performance Nutrition Infant Formula Functional/Fortified Food
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Whey Protein Demand Share Forecast, 2019-2026
10. Europe Whey Protein 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. Europe Average Pricing Analysis
10.2. Europe Whey Protein Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Whey Protein Market Size and Volume Forecast by Types
10.4.1. Whey Protein Concentrate Whey Protein Isolate Hydrolyzed Whey Protein
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Whey Protein Market Size and Volume Forecast by Applications
10.7.1. Sports & Performance Nutrition Infant Formula Functional/Fortified Food
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Whey Protein Demand Share Forecast, 2019-2026
11. Asia Pacific Whey Protein 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. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Whey Protein Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Whey Protein Market Size and Volume Forecast by Types
11.4.1. Whey Protein Concentrate Whey Protein Isolate Hydrolyzed Whey Protein
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Whey Protein Market Size and Volume Forecast by Applications
11.7.1. Sports & Performance Nutrition Infant Formula Functional/Fortified Food
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Whey Protein Demand Share Forecast, 2019-2026
12. Middle East & Africa Whey Protein 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. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Whey Protein Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Whey Protein Market Size and Volume Forecast by Types
12.4.1. Whey Protein Concentrate Whey Protein Isolate Hydrolyzed Whey Protein
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Whey Protein Market Size and Volume Forecast by Applications
12.7.1. Sports & Performance Nutrition Infant Formula Functional/Fortified Food
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Whey Protein Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Whey Protein Market: Market Share Analysis
13.2. Whey Protein Distributors and Customers
13.3. Whey Protein Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Agropur MSI, LLC Arla Foods Davisco foods international Inc. American Dairy Producers Institute Fonterra Co-operative Group
2. Assumptions and Acronyms Used
3. Research Methodology
4. Whey Protein 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 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 Market - Supply Chain
4.5. Global Whey Protein Market Forecast
4.5.1. Whey Protein Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Whey Protein Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Whey Protein Market Absolute $ Opportunity
5. Global Whey Protein Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Whey Protein Market Size and Volume Forecast by Types
5.3.1. Whey Protein Concentrate Whey Protein Isolate Hydrolyzed Whey Protein
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Whey Protein Market Analysis and Forecast by Applications
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Applications
6.2.2. Y-o-Y Growth Projections by Applications
6.3. Whey Protein Market Size and Volume Forecast by Applications
6.3.1. Sports & Performance Nutrition Infant Formula Functional/Fortified Food
6.4. Absolute $ Opportunity Assessment by Applications
6.5. Market Attractiveness/Growth Potential Analysis by Applications
7. Global Whey Protein Market Analysis and Forecast by Region
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Region
7.2.2. Y-o-Y Growth Projections by Region
7.3. Whey Protein Market Size and Volume Forecast by Region
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. Middle East and Africa (MEA)
7.4. Absolute $ Opportunity Assessment by Region
7.5. Market Attractiveness/Growth Potential Analysis by Region
7.6. Global Whey Protein Demand Share Forecast, 2019-2026
8. North America Whey Protein Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.2. North America Whey Protein Market Size and Volume Forecast by Country
8.2.1. U.S.
8.2.2. Canada
8.3. Absolute $ Opportunity Assessment by Country
8.4. North America Whey Protein Market Size and Volume Forecast by Types
8.4.1. Whey Protein Concentrate Whey Protein Isolate Hydrolyzed Whey Protein
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. North America Whey Protein Market Size and Volume Forecast by Applications
8.7.1. Sports & Performance Nutrition Infant Formula Functional/Fortified Food
8.8. Basis Point Share (BPS) Analysis by Applications
8.9. Y-o-Y Growth Projections by Applications
8.10. Market Attractiveness/Growth Potential Analysis
8.10.1. By Country
8.10.2. By Product Type
8.10.3. By Application
8.11. North America Whey Protein Demand Share Forecast, 2019-2026
9. Latin America Whey Protein 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
9.1.3. Latin America Average Pricing Analysis
9.2. Latin America Whey Protein Market Size and Volume Forecast by Country
9.2.1. Brazil
9.2.2. Mexico
9.2.3. Rest of Latin America
9.3. Absolute $ Opportunity Assessment by Country
9.4. Latin America Whey Protein Market Size and Volume Forecast by Types
9.4.1. Whey Protein Concentrate Whey Protein Isolate Hydrolyzed Whey Protein
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Latin America Whey Protein Market Size and Volume Forecast by Applications
9.7.1. Sports & Performance Nutrition Infant Formula Functional/Fortified Food
9.8. Basis Point Share (BPS) Analysis by Applications
9.9. Y-o-Y Growth Projections by Applications
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.11. Latin America Whey Protein Demand Share Forecast, 2019-2026
10. Europe Whey Protein 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. Europe Average Pricing Analysis
10.2. Europe Whey Protein Market Size and Volume Forecast by Country
10.2.1. Germany
10.2.2. France
10.2.3. Italy
10.2.4. U.K.
10.2.5. Spain
10.2.6. Russia
10.2.7. Rest of Europe
10.3. Absolute $ Opportunity Assessment by Country
10.4. Europe Whey Protein Market Size and Volume Forecast by Types
10.4.1. Whey Protein Concentrate Whey Protein Isolate Hydrolyzed Whey Protein
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Europe Whey Protein Market Size and Volume Forecast by Applications
10.7.1. Sports & Performance Nutrition Infant Formula Functional/Fortified Food
10.8. Basis Point Share (BPS) Analysis by Applications
10.9. Y-o-Y Growth Projections by Applications
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.11. Europe Whey Protein Demand Share Forecast, 2019-2026
11. Asia Pacific Whey Protein 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. Asia Pacific Average Pricing Analysis
11.2. Asia Pacific Whey Protein Market Size and Volume Forecast by Country
11.2.1. China
11.2.2. Japan
11.2.3. South Korea
11.2.4. India
11.2.5. Australia
11.2.6. Rest of Asia Pacific (APAC)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Asia Pacific Whey Protein Market Size and Volume Forecast by Types
11.4.1. Whey Protein Concentrate Whey Protein Isolate Hydrolyzed Whey Protein
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Asia Pacific Whey Protein Market Size and Volume Forecast by Applications
11.7.1. Sports & Performance Nutrition Infant Formula Functional/Fortified Food
11.8. Basis Point Share (BPS) Analysis by Applications
11.9. Y-o-Y Growth Projections by Applications
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.11. Asia Pacific Whey Protein Demand Share Forecast, 2019-2026
12. Middle East & Africa Whey Protein 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. Middle East & Africa Average Pricing Analysis
12.2. Middle East & Africa Whey Protein Market Size and Volume Forecast by Country
12.2.1. Saudi Arabia
12.2.2. South Africa
12.2.3. UAE
12.2.4. Rest of Middle East & Africa (MEA)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Middle East & Africa Whey Protein Market Size and Volume Forecast by Types
12.4.1. Whey Protein Concentrate Whey Protein Isolate Hydrolyzed Whey Protein
12.5. Basis Point Share (BPS) Analysis by Types
12.6. Y-o-Y Growth Projections by Types
12.7. Middle East & Africa Whey Protein Market Size and Volume Forecast by Applications
12.7.1. Sports & Performance Nutrition Infant Formula Functional/Fortified Food
12.8. Basis Point Share (BPS) Analysis by Applications
12.9. Y-o-Y Growth Projections by Applications
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.11. Middle East & Africa Whey Protein Demand Share Forecast, 2019-2026
13. Competition Landscape
13.1. Global Whey Protein Market: Market Share Analysis
13.2. Whey Protein Distributors and Customers
13.3. Whey Protein Market: Competitive Dashboard
13.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
13.4.1. Agropur MSI, LLC Arla Foods Davisco foods international Inc. American Dairy Producers Institute Fonterra Co-operative Group
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