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.
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. |
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.
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.
The Canada whey protein market has been segmented on the basis of
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.
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