United States Whey Protein Market Analysis, Growth & Forecast 2031
United States Whey Protein Market Analysis, Growth & Forecast 2031
Segments - United States Whey Protein Market by Types (Whey Protein Concentrate, Whey Protein Isolate, and Hydrolyzed Whey Protein), Applications (Sports and Performance Nutrition, Infant Formula, and Functional/Fortified Food), and Country - United States Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :FB-2303
| 4.8 Rating
| 78 Reviews
| 163 Pages
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Report Description
The United States Whey Protein Market size was valued at USD XX Billion in 2022 and is expected to surpass USD XX Billion by 2031, expanding at a CAGR of 4.7% during the forecast period, 2023 – 2031. The growth of the market is attributed to rising adoption of protein rich diet among the population.
High obesity rate is expected to encouraged people to look for new ways to stay fit and live healthy lifestyles. Thus, people are looking for high protein products. Protein is most preferable type of supplement to aid in weight loss Protein supplements in the form of whey powders are widely available in the country. Moreover, a significant portion of the population is opting for whey protein to meet their daily protein requirements in order to meet their fitness goals.
At the same time, the food-processing industries are utilizing whey protein to make healthy drinks. Whey protein helps in gaining muscle mass by repairing muscle cells after exercise and stimulating muscle growth optimally. Whey protein with high protein quality score and percentage of BCAAs (branched-chain amino acids), has been used as a muscle-building supplement in the fitness industry.
Market Trends, Drivers, Restraints, and Opportunities
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Growing demand for whey protein products from the sports industry is anticipated to proliferate the growth of the market during the forecast period.
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Increasing demand for energy drinks owing to rising number of people opting for fitness activities is driving the growth of the market.
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The matured dairy sector and rising infant formula production are expected to boosted the United States whey protein market.
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Side effects of proteins may hinder the market growth.
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Rising number of dietary supplements is anticipated to create immense opportunities for the market players.
Scope of the Report
The report on the United States whey protein market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
United States whey protein Market -Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Types (Whey Protein Concentrate, Whey Protein Isolate, and Hydrolyzed Whey Protein), Applications (Sports and Performance Nutrition, Infant Formula, and Functional/Fortified Food) |
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Geographical Zone |
The US |
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Report Coverage |
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 |
Agropur MSI, LLC, Carbery Group, Davisco foods international Inc. |
Whey Protein Market Segment Insights:
Whey protein concentrate is anticipated to account a major market share
Based on types, the market is segregated into whey protein concentrate, whey protein isolate, and hydrolyzed whey protein. The whey concentrate segment is estimated to account for a major market share and is expected to grow at a healthy rate during the forecast period. Whey concentrate is made up of 80% protein and 20% carbohydrates and lactose. Whey protein concentrate is the most affordable and widely used form of whey protein, which is a by-product of cheese production. It is a preferable bodybuilding supplement, which is used to boost dietary protein intake and increases muscle hypertrophy.
The whey isolate segment is anticipated to account for a significant market share during the forecast period. A whey protein isolate is a dietary supplement and food ingredient that is produced by separating the components of whey. Whey is a by-product of the cheese-making process that is made from milk.
Functional/fortified food segment is anticipated to expand at a high CAGR
On the basis of applications, the United States whey protein market is segregated into sports and performance nutrition, infant formula, and functional/fortified food. The functional/fortified food segment dominated the whey protein market in 2020, accounting for more than 45% of total market revenue in applications segment. Its ability to emulsify, brown, foam, and thicken products has increased its penetration in bakery and confectionery shops. Additionally, these ingredients improve the solubility, nutritional fortification, gelation, and water-binding properties of bakery and confectionery products.
Segments
The United States whey protein market is segmented on the basis of
Types
- Whey Protein Concentrate
- Whey Protein Isolate
- Hydrolyzed Whey Protein
End-users
- Sports and Performance Nutrition
- Infant Formula
- Functional/Fortified Food
Country
- The US
Key Players
- Agropur MSI
- LLC
- Carbery Group
- Davisco foods international Inc.
Competitive Landscape
The major players in the United States whey protein market include Agropur MSI, LLC, Carbery Group, Davisco foods international Inc.
Companies are engaging in mergers, acquisitions and partnerships to expand their market share. To stay competitive, key companies are focusing on R&D activities and launching new products on a regular basis. Manufacturers in the market have formed alliances with milk suppliers to ensure continuous raw material supply and efficient logistics network.
Table Of Content
1. Executive Summary2. 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 Concentrate
5.3.2. Whey Protein Isolate
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 End Users
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by End Users
6.2.2. Y-o-Y Growth Projections by End Users
6.3. Whey Protein Market Size and Volume Forecast by End Users
6.3.1. Sports and Performance Nutrition
6.3.2. Infant Formula
6.3.3. Functional/Fortified Food
6.4. Absolute $ Opportunity Assessment by End Users
6.5. Market Attractiveness/Growth Potential Analysis by End Users
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 Concentrate
8.4.2. Whey Protein Isolate
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 End Users
8.7.1. Sports and Performance Nutrition
8.7.2. Infant Formula
8.7.3. Functional/Fortified Food
8.8. Basis Point Share (BPS) Analysis by End Users
8.9. Y-o-Y Growth Projections by End Users
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 Concentrate
9.4.2. Whey Protein Isolate
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 End Users
9.7.1. Sports and Performance Nutrition
9.7.2. Infant Formula
9.7.3. Functional/Fortified Food
9.8. Basis Point Share (BPS) Analysis by End Users
9.9. Y-o-Y Growth Projections by End Users
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 Concentrate
10.4.2. Whey Protein Isolate
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 End Users
10.7.1. Sports and Performance Nutrition
10.7.2. Infant Formula
10.7.3. Functional/Fortified Food
10.8. Basis Point Share (BPS) Analysis by End Users
10.9. Y-o-Y Growth Projections by End Users
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 Concentrate
11.4.2. Whey Protein Isolate
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 End Users
11.7.1. Sports and Performance Nutrition
11.7.2. Infant Formula
11.7.3. Functional/Fortified Food
11.8. Basis Point Share (BPS) Analysis by End Users
11.9. Y-o-Y Growth Projections by End Users
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 Concentrate
12.4.2. Whey Protein Isolate
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 End Users
12.7.1. Sports and Performance Nutrition
12.7.2. Infant Formula
12.7.3. Functional/Fortified Food
12.8. Basis Point Share (BPS) Analysis by End Users
12.9. Y-o-Y Growth Projections by End Users
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. Agropur MSI
13.4.2. LLC
13.4.3. Carbery Group
13.4.4. Davisco foods international Inc.
Methodology
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