India Whey protein Market by Product Types (Whey Protein Isolation, Whey Protein Concentration, Hydrolyzed Whey Protein), Application (Instant Formulae, Functional/Fortified Food, and Sports & Performance Nutrition) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The India whey protein market size is estimated to register a substantial CAGR during the forecast period, 2021-2028. Growth of the market is attributed to the increase in trend of fitness center, health club, adoption of protein rich diet, and increasing population.
A whey protein is made up from whey. It is a byproduct of cheese. The proteins contain immunoglobulin, serum albumin, β-lacto globulin, and α-lactalbumin. Protein is majorly used as a dietary supplement and sold in powder form to add into beverages
India is among one of the nation which is developing at a rapid pace on every day basis, from the last decade the food industry of India has increased by three folds and is expected to keep on increasing for the next ten 10 years.
The Covid-19 pandemic affected the demand and supply of India whey protein market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.
Market Trends, Drivers, Restraints, and Opportunities
- Growing concern about healthy lifestyle among the growing population is projected to boost the market during the forecast period.
- Increasing number of chronic illness due to change in life style among people is the major factor fueling the market.
- Rising fitness trends and bodybuilding curiosity among the millennial are major factors in boosting the market during the projected period.
- Increase in number of people who have milk allergy, prefer other type of protein is anticipated to restrict the market growth.
- Lack of awareness about whey protein possesses a main challenge that can hamper the market expansion during the forecast period.
- R&D investment and technological advancement by the whey protein ingredients company is anticipated to offer lucrative opportunities for the key market players.
Scope of the market
The report on the India 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 |
India whey protein market – Industry Analysis, Growth, Share, Size, Trends, and Forecast |
|
Base Year |
2020 |
|
Historic Data |
2018–2019 |
|
Forecast Period |
2021–2028 |
|
Segmentation |
Product Types (Whey Protein Isolation, Whey Protein Concentration, Hydrolyzed Whey Protein), Application (Instant Formulae, Functional/Fortified Food, and Sports & Performance Nutrition) |
|
Country |
India |
|
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 AMBA; Agropur US; LACTALIS Ingredients; Glanbia PLC; Fonterra Co-operative Group. |
Market Segment Insights
The whey protein concentration segment is expected to constitute key share of the market
In terms of product types, the market is fragmented into whey protein isolation, whey protein concentration, and hydrolyzed whey protein. The whey protein concentration segment is expected to constitute a key share of the market in the coming years owing to easily digestible, improves performance, increase muscle mass, and reducing tissue damage. However, the whey protein isolation segment is anticipated to expand at a significant pace during the forecast period owing to efficiency in processing and can be used in wide variety of application.
The sports and performance nutrition is projected to hold a major share market
Based on applications, the market is segregated into instant formulae, functional/fortified food, and sports & performance nutrition. The sports & performance nutrition segment is expected to represent key share of the market during the forecast period owing to rising health consciousness and curiosity towards sports and fitness activities among population. On the other hand functional/fortified food segment is estimated to grow at rapid pace due to demand for nutritional value based food in India increased rapidly as compared to other nations.
Segments
India whey protein market has been segmented on the basis of
Product Types
- Whey Protein Isolation
- Whey Protein Concentration
- Hydrolyzed Whey Protein
Applications
- Instant Formulae
- Functional/Fortified Food
- Sports and Performance Nutrition
Country
- India
Key Players
- Arla Foods AMBA
- Agropur US
- LACTALIS Ingredients
- Glanbia PLC
- Fonterra Co-operative Group
Competitive Landscape
Key players competing in the whey protein market include Arla Foods AMBA; Agropur US; LACTALIS Ingredients; Glanbia PLC; Fonterra Co-operative Group.
Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.. For instance
In January 2021, Fonterra Co-operative Group and DSM teamed up together with an intention of reducing carbon foot print or green house gas emission (CHG) in New Zealand.
In September 2021, LACTALIS Ingredients launches new range of milk powder with a new whole organic milk powder.
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 Isolation
5.3.2. Whey Protein Concentration
5.3.3. 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. Instant Formulae
6.3.2. Functional/Fortified Food
6.3.3. Sports & Performance Nutrition
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 Isolation
8.4.2. Whey Protein Concentration
8.4.3. 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. Instant Formulae
8.7.2. Functional/Fortified Food
8.7.3. Sports & Performance Nutrition
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 Isolation
9.4.2. Whey Protein Concentration
9.4.3. 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. Instant Formulae
9.7.2. Functional/Fortified Food
9.7.3. Sports & Performance Nutrition
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 Isolation
10.4.2. Whey Protein Concentration
10.4.3. 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. Instant Formulae
10.7.2. Functional/Fortified Food
10.7.3. Sports & Performance Nutrition
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 Isolation
11.4.2. Whey Protein Concentration
11.4.3. 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. Instant Formulae
11.7.2. Functional/Fortified Food
11.7.3. Sports & Performance Nutrition
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 Isolation
12.4.2. Whey Protein Concentration
12.4.3. 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. Instant Formulae
12.7.2. Functional/Fortified Food
12.7.3. Sports & Performance Nutrition
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. Arla Foods AMBA
13.4.2. Agropur US
13.4.3. LACTALIS Ingredients
13.4.4. Glanbia PLC
13.4.5. 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 Isolation
5.3.2. Whey Protein Concentration
5.3.3. 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. Instant Formulae
6.3.2. Functional/Fortified Food
6.3.3. Sports & Performance Nutrition
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 Isolation
8.4.2. Whey Protein Concentration
8.4.3. 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. Instant Formulae
8.7.2. Functional/Fortified Food
8.7.3. Sports & Performance Nutrition
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 Isolation
9.4.2. Whey Protein Concentration
9.4.3. 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. Instant Formulae
9.7.2. Functional/Fortified Food
9.7.3. Sports & Performance Nutrition
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 Isolation
10.4.2. Whey Protein Concentration
10.4.3. 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. Instant Formulae
10.7.2. Functional/Fortified Food
10.7.3. Sports & Performance Nutrition
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 Isolation
11.4.2. Whey Protein Concentration
11.4.3. 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. Instant Formulae
11.7.2. Functional/Fortified Food
11.7.3. Sports & Performance Nutrition
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 Isolation
12.4.2. Whey Protein Concentration
12.4.3. 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. Instant Formulae
12.7.2. Functional/Fortified Food
12.7.3. Sports & Performance Nutrition
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. Arla Foods AMBA
13.4.2. Agropur US
13.4.3. LACTALIS Ingredients
13.4.4. Glanbia PLC
13.4.5. Fonterra Co-operative Group
India whey protein market has been segmented on the basis of
Product Types
- Whey Protein Isolation
- Whey Protein Concentration
- Hydrolyzed Whey Protein
Applications
- Instant Formulae
- Functional/Fortified Food
- Sports and Performance Nutrition
Country
- India
Key Players
- Arla Foods AMBA
- Agropur US
- LACTALIS Ingredients
- Glanbia PLC
- Fonterra Co-operative Group
Key players competing in the whey protein market include Arla Foods AMBA; Agropur US; LACTALIS Ingredients; Glanbia PLC; Fonterra Co-operative Group.
Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.. For instance
In January 2021, Fonterra Co-operative Group and DSM teamed up together with an intention of reducing carbon foot print or green house gas emission (CHG) in New Zealand.
In September 2021, LACTALIS Ingredients launches new range of milk powder with a new whole organic milk powder.
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