Europe Whey Protein Market Share, Growth & Forecast | 2031

Segments - Europe Whey Protein Market by Applications (Infant Formula, Sports & Performance Nutrition, and Functional/Fortified Food), Types (Whey Protein Concentrates, Hydrolyzed Whey Proteins, and Whey Protein Isolates) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 - 2031

Author : Anuradha B. More

Fact-checked by : Vaibhav Chandola

Editor : Shruti Bhat

Report Description

Europe Whey Protein Market Outlook 2031:

The Europe whey protein market size was valued at USD 3.43 Billion in 2022 and is projected to reach USD 6.26 Billion by 2031, expanding at a CAGR of 6.92% during the forecast period 2023 - 2031. The growth of market is attributed to numerous health benefits of whey protein such as aid in weight management, lowered blood pressure, and decreased symptoms of stress & depression.

Whey protein seems to be the protein derived from whey, the liquid component of milk that separates from the milk solids during the cheese-making process. It is frequently used as a protein supplement. Whey protein boosts the nutritious content of the diet while influencing the immune system. It has a high concentration of branched-chain amino acids, which are naturally present in muscle tissue.

The increased awareness among the general public to be healthy and in shape, as well as improving body immunity throughout the world, has resulted in a significant increase in protein demand in urban areas, driving the protein supplement market. Whey protein commonly used for improving athletic performance and strength.

Whey protein is also used for asthma, diabetes, weight loss, and many other conditions, but there is no good scientific evidence to support most of these uses. It is readily absorbed by the body and is thought to be highly bioavailable. Because it is carbohydrate-free, cholesterol-free, fat-free, and practically lactose-free, it is a perfect protein source.

Another important aspect driving demand for whey basic protein isolates is their widespread use in infant formula, snacks, dairy & bread goods, and confectionaries. Furthermore, whey basic protein isolates are being used as a supplement and substitute to milk by lactose intolerant people to improve athletic performance and glutathione levels in HIV patients.

The European food and safety authority's nutrition panel, novel foods and food allergens, has found that whey basic protein isolates are safe under new suggested conditions of usage. With the EFSA finding whey basic protein isolates are safe for long-term usage in infant formula and supplements; this component is expected to gain popularity in the future years.

Europe Whey Protein Market Trends, Drivers, Restraints, and Opportunities

Urbanization and aging population are expected to boost the market during the forecast period.
Increased demand for nutritious food with longer shelf-life leads to increase connectivity is expected to fuel the market during the forecast period.
Increased concern for health diet is expected to drive the market in coming years.
Rising milk or dairy production is key factors fueling the market in the coming years.
Rapid growth in number of fitness centers and gyms are major factors boosting the market in the coming years
Rise of alternative proteins in the food are expected to hinder the market.
Scientific research and development in protein isolation and customization of products are projected to create lucrative opportunities for the market players.

Scope of the Europe Whey Protein Market Report

The report on the Europe 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	Europe Whey Protein Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Applications (Infant Formula, Sports & Performance Nutrition, and Functional/Fortified Food), Types ( Whey Protein Concentrates, Hydrolyzed Whey Proteins, and Whey Protein Isolates)
Regional Scope	Europe
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Arla Foods; Meggle; Saputo Inc; Glanbia Plc; Carbery Group Ltd

Europe Whey Protein Market Segment Insights

The sports & performance nutrition segment is projected to constitute a key market share

Based on applications, the Europe whey protein market is divided into infant formula, sports & performance nutrition, and functional/fortified food. The sports & performance nutrition segment is expected to account for a key share of the market during the forecast period owing to health clubs and fitness facilities serve as distribution locations for various whey protein supplements for all customer categories including athletes, bodybuilders, and recreational users.

The whey protein concentrates segment is expected to expand at a rapid pace

In terms of types, the Europe whey protein market is segmented into whey protein concentrates, hydrolyzed whey proteins, and whey protein isolates. The whey protein concentrates segment is expected to hold a key share of the market in the coming years due to rising demand among athletes, bodybuilders, and individual for protein powders to improve muscle heath, weight management, and increase strength.

Segments

The Europe whey protein market has been segmented on the basis of

Applications

Infant Formula
Sports & Performance Nutrition
Functional/Fortified Food

Types

Whey Protein Concentrates
Hydrolyzed Whey Proteins
Whey Protein Isolates

Region

Europe

Key Players

Arla Foods
Meggle
Saputo Inc Glanbia Plc
Carbery Group Ltd

Competitive Landscape

Key players competing in the Europe whey protein market include Arla Foods; Meggle; Saputo Inc; Glanbia Plc; Carbery Group Ltd. Some of these players are coming up with several market strategies including mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares. for instance,

In April 2021, Carbery has launched a new hydrolyzed whey protein (WPH), Optipep 4Power, designed specifically for high-intensity interval training (HIIT).

In Dec 2019, Fonterra’s sold its 51% stake to First Milk As a result, First Milk become the sole owner of the Lake District Creamery's whey protein concentrate producing facilities.

Whey Protein Market Key Players

Table Of Content

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 (000â€™ 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 Concentrates
     5.3.2. Hydrolyzed Whey Proteins
     5.3.3. Whey Protein Isolates
  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 Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Whey Protein Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Whey Protein Demand Share Forecast, 2019-2026
7. North America Whey Protein Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Whey Protein Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Whey Protein Market Size and Volume Forecast by Types
     7.4.1. Whey Protein Concentrates
     7.4.2. Hydrolyzed Whey Proteins
     7.4.3. Whey Protein Isolates
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Whey Protein Demand Share Forecast, 2019-2026
8. Latin 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
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Whey Protein Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Whey Protein Market Size and Volume Forecast by Types
     8.4.1. Whey Protein Concentrates
     8.4.2. Hydrolyzed Whey Proteins
     8.4.3. Whey Protein Isolates
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Whey Protein Demand Share Forecast, 2019-2026
9. Europe 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. Europe Average Pricing Analysis
  9.2. Europe Whey Protein Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Whey Protein Market Size and Volume Forecast by Types
     9.4.1. Whey Protein Concentrates
     9.4.2. Hydrolyzed Whey Proteins
     9.4.3. Whey Protein Isolates
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Whey Protein Demand Share Forecast, 2019-2026
10. Asia Pacific 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. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Whey Protein Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Whey Protein Market Size and Volume Forecast by Types
     10.4.1. Whey Protein Concentrates
     10.4.2. Hydrolyzed Whey Proteins
     10.4.3. Whey Protein Isolates
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Whey Protein Demand Share Forecast, 2019-2026
11. Middle East & Africa 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. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Whey Protein Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Whey Protein Market Size and Volume Forecast by Types
     11.4.1. Whey Protein Concentrates
     11.4.2. Hydrolyzed Whey Proteins
     11.4.3. Whey Protein Isolates
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Whey Protein Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Whey Protein Market: Market Share Analysis
  12.2. Whey Protein Distributors and Customers
  12.3. Whey Protein Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Arla Foods
     12.4.2. Meggle
     12.4.3. Saputo Inc Glanbia Plc
     12.4.4. Carbery Group Ltd