The Indonesia whey protein market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 6.5% during the forecast period, 2023–2031. The growth of the market is attributed to the growing demand for dairy ingredients and the extreme interest of youngsters toward protein-rich sports nutrition.
Whey proteins are extracted from whey, and is produced as a side-product while cheese formation. Whey is filled with protein and subsequently utilized as a dietary supplement.
Whey protein comprises of fundamental amino acids and extended chain of amino acids. These acids are consumed by the body quicker when contrasted with others. This protein ingestion provides a few benefits, for example, it helps in muscle regaining, and helps in losing pointless muscle to fat ratio. Whey protein likewise finds applications in bakery items and confectionary, infant formula, and clinical items.
Whey protein is a costly wellspring of protein as compared to egg, soy, and different protein sources in milk. It is additionally used to improve weight in individuals impacted by HIV and avoid hypersensitive conditions among newborn children. Whey protein is used in various food items such as nutritional refreshments, newborn child nourishing food, and weight-management supplements.
Market Trends, Drivers, Restraints, and Opportunities
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Growing preference for whey protein especially for mass gain, weight loss, and strength gain is expected to propel the growth of the market during the forecast period.
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Rising prevalence of chronic illnesses due to changing lifestyles, particularly among the millennial population, is anticipated to drive the market growth.
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The utilization of protein-rich eating routine expanded during the COVID-19 pandemic, as customers began to ingest them through food and beverages, which in turn, boosted the market growth
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Increasing demand for sports nutritional supplements and rising health consciousness are estimated to spur the growth of the market.
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Factors such as allergic reactions, digestive issues, and effects on the kidney due to prolonged usage can hamper the growth of the market.
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The increase in the number of individuals across the globe opting for vegan food in recent years and simultaneously shifting their diet toward plant-based protein can create challenges for the market growth.
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Rising awareness about the availability of healthy products, especially in low- and middle-income countries, can create lucrative opportunities for the market during the forecast period.
Whey Protein Market Scope
The report on the Indonesia 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
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Details
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Report Title
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Whey Protein Market - Indonesia Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016–2021
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Forecast Period
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2023–2031
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Segmentation
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Types (Whey Protein Isolates, Whey Protein Concentrates, and Hydrolyzed Whey Proteins) and Applications (Infant Formula, Sports & Performance Nutrition, and Functional/Fortified Food)
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Country
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Indonesia
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Lactalis Ingredients; Glanbia, Plc; Carbery Group Ltd.; FrieslandCampina Ingredients; Rokiskio Suris; and SBH Foods Private Limited
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Indonesia Whey Protein Market Segment Insights
Whey protein isolates segment is anticipated to exhibit a high CAGR
In terms of types, the market is segregated into whey protein isolates, whey protein concentrates, and hydrolyzed whey proteins. The whey protein isolates segment is projected to expand at a considerable CAGR during the forecast period due to accelerated demand for protein from nutritious activities such as infant nutrition, medical & clinical nutrition, and sports nutrition & goods markets. Whey protein isolates have less lactose, carbs, and fat, and also less costly related to other whey protein types.
Sports & performance nutrition segment is anticipated to constitute a key market share
Based on applications, the market is categorized as infant formula, sports & performance nutrition, and functional/fortified food. The sports & performance nutrition segment is expected to constitute a key share of the market during the projected period.
Millennials and Gen Z generation are progressively increasing their attention in sports and fitness activities. Additionally, sports drinks with combined whey protein have been achieving momentum in coming years. On the other hand, the functional segment is estimated to grow at a healthy rate in the coming years.
Segments
The Indonesia whey protein segmented on the basis of:
Types
- Whey Protein Isolates
- Whey Protein Concentrates
- Hydrolyzed Whey Proteins
Applications
- Infant Formula
- Sports & Performance Nutrition
- Functional/Fortified Food
Country
Key players
Competitive Landscape
The key players competing in the Indonesia whey protein market are Lactalis Ingredients; Glanbia, Plc; Carbery Group Ltd.; FrieslandCampina Ingredients; Rokiskio Suris; and SBH Foods Private Limited