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Whey protein Market Analysis, Share, Growth & Forecast 2031

Whey Protein Market

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Segments - by Types (Whey Protein Concentrates, Whey Protein Isolates, and Hydrolyzed Whey Proteins), Applications (Sports and Performance Nutrition, Infant Formulas, and Functional/Fortified Foods), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends and Forecast 2021 – 2028

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Author :

Anuradha B. More

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Vaibhav Chandola

Editor :

Aman Singh

Report Description

The global whey protein market size is projected to register a high CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing heath consciousness across the globe.

Whey protein is a protein-rich dairy item and is normally consumed as a protein supplement for ideal bodywork, muscle recuperation, and weight reduction. Whey protein concentrate is collected during the procedure of cheese making as fluid and dried into a powder. ?It is considered as a healthy source of nutrition, and it is suggested as a supplement to reach protein intake objectives consistently. With the expanding prevalence of plant-based diets, whey protein concentrate has evolved as a direct substitute for eggs and meat in everyday diet. It has been found to increase muscle strength as well as increase the body's capacity to fix muscles post-exercise.

The COVID-19 pandemics affected the fitness industry across the globe, mostly gym centers. The restrictions on the operations of fitness centers, disrupted the market development. Moreover, the supply and demand gap due to interruption in supply chain activities, negatively influenced the market growth.

Market Trends, Drivers, Restraints, and Opportunities

Rising prevalence of lifestyle diseases and growing health concerns among consumers’ are expected to boost the whey protein market.
Increased cost of manufacturing can restrain the growth of the market.
Strategic collaborations between companies are positively influencing the market growth
Simple absorbability, huge accessibility, and a strong amino profile of whey protein is estimated to invite broad development opportunities for the market during the forecast period.
Growing number of initiatives supporting heath eating is estimated to create lucrative opportunities for the market.

Scope of the Report

The report on the 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 - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2020
Historic Data	2018–2019
Forecast Period	2021–2028
Segmentation	Types (Whey Protein Concentrates, Whey Protein Isolates, and Hydrolyzed Whey Proteins) and Applications (Sports and Performance Nutrition, Infant Formulas, and Functional/Fortified Foods)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Carbery Group Ltd.; FrieslandCampina; Agropur MSI, LLC; Arla Foods; and Glanbia Nutritionals (NA), Inc.

Whey Protein Market Segment Insights

Whey protein concentrates segment is expected to grow at a rapid pace

Based on types, the market is divided into whey protein concentrates, whey protein isolates, and hydrolyzed whey proteins. The whey protein concentrates segment is estimated to expand at a rapid pace due to increasing demand for protein supplements among fitness enthusiasts. Whey protein concentrates provide a cost-effective alternative to formulate caramels with great eating quality and excellent handling, which is spurring the segment growth.

Sports and performance nutrition segment is projected to expand at a considerable CAGR

In terms of applications, the whey protein market is divided into sports and performance nutrition, infant formulas and functional/fortified foods. The sports and performance nutrition segment is anticipated to account for a key share of the market due to an increase in awareness regarding whey protein benefits such as ease of blending whey protein in fluids. On the other hand, the fortified foods segment is estimated to grow at a heathy rate in the projected timeline.

Asia Pacific is anticipated to constitute a large market share

In terms of regions, the global market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is expected to account for a large market share due the increasing number of protein content products. On the other hand, the market in Europe is anticipated to expand at a rapid pace during the forecast period owing to rising health awareness and increasing number of protein-rich products.

Segments

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

Types

Whey Protein Concentrates
Whey Protein Isolates
Hydrolyzed Whey Proteins

Applications

Sports and Performance Nutrition
Infant Formulas
Functional/Fortified Foods

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Carbery Group Ltd.
FrieslandCampina
Agropur MSI, LLC
Arla Foods
Glanbia Nutritionals (NA), Inc.

Competitive Landscape

Key players competing in the whey protein market are Carbery Group Ltd.; FrieslandCampina; Agropur MSI, LLC; Arla Foods; and Glanbia Nutritionals (NA), Inc.

Companies are engaging in partnerships with industry players to improve their product line and leverage their market position.

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 Whey Protein Isolates Hydrolyzed Whey Proteins
  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 and Performance Nutrition Infant Formulas Functional/Fortified Foods
  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 Concentrates Whey Protein Isolates Hydrolyzed Whey Proteins
  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 and Performance Nutrition Infant Formulas Functional/Fortified Foods
  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 Concentrates Whey Protein Isolates Hydrolyzed Whey Proteins
  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 and Performance Nutrition Infant Formulas Functional/Fortified Foods
  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 Concentrates Whey Protein Isolates Hydrolyzed Whey Proteins
  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 and Performance Nutrition Infant Formulas Functional/Fortified Foods
  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 Concentrates Whey Protein Isolates Hydrolyzed Whey Proteins
  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 and Performance Nutrition Infant Formulas Functional/Fortified Foods
  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 Concentrates Whey Protein Isolates Hydrolyzed Whey Proteins
  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 and Performance Nutrition Infant Formulas Functional/Fortified Foods
  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. Carbery Group Ltd. FrieslandCampina Agropur MSI, LLC Arla Foods Glanbia Nutritionals (NA), Inc.

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