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Whey Protein Ingredients - Global Market Trajectory & Analytics

  • ID: 1244815
  • Report
  • April 2021
  • Region: Global
  • 221 Pages
  • Global Industry Analysts, Inc
Global Whey Protein Ingredients Market to Reach $16.4 Billion by 2027

Amid the COVID-19 crisis, the global market for Whey Protein Ingredients estimated at US$9.7 Billion in the year 2020, is projected to reach a revised size of US$16.4 Billion by 2027, growing at a CAGR of 7.8% over the analysis period 2020-2027. Whey Protein Concentrate, one of the segments analyzed in the report, is projected to record a 8.9% CAGR and reach US$6.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Whey Protein Isolate segment is readjusted to a revised 7.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $2.6 Billion, While China is Forecast to Grow at 11.9% CAGR

The Whey Protein Ingredients market in the U.S. is estimated at US$2.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.7 Billion by the year 2027 trailing a CAGR of 11.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5% CAGR.

Hydrolyzed Whey Protein Segment to Record 7.8% CAGR

In the global Hydrolyzed Whey Protein segment, USA, Canada, Japan, China and Europe will drive the 7.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.5 Billion in the year 2020 will reach a projected size of US$2.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.3 Billion by the year 2027, while Latin America will expand at a 9.2% CAGR through the analysis period.

Select Competitors (Total 77 Featured):
  • Arla Foods Ingredients Group P/S
  • Carbery Food Ingredients
  • Cargill Inc.
  • Dairy Farmers of America Inc.
  • Davisco Foods International Inc.
  • Foremost Farms USA
  • Glanbia Plc
  • Grande Custom Ingredients Group
  • Hilmar Cheese Company
  • MG Nutritionals
  • Royal FrieslandCampina
  • Valio Ltd.
  • Volac International Ltd.
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Whey Protein Ingredients: The Most Sought After Ingredient in Functional Foods and Sports Nutrition Products
  • Recent Market Activity
  • Whey Protein Offer Nutritional Benefits in Exercise Recovery, Weight Management, Healthy Aging, and Overall Wellness
  • Whey Protein for All Ages
  • Myriad Health and Wellness Benefits of Proteins Drive Widespread Consumption of Whey Protein Ingredients
  • Protein Retains Position as Undisputed Leader in the Ingredients Market
  • Whey Protein Ingredients Rides on Protein Popularity
  • Whey Proteins: Past, Present, and Future Insights
  • Future Developments in the Whey Market
  • Global Market Outlook
  • Emerging Countries Continue to Offer Huge Market Growth Potential
  • Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
  • Arla Foods Ingredients Group P/S (Denmark)
  • Amco Proteins (USA)
  • Carbery Food Ingredients (Ireland)
  • Cargill, Inc. (USA)
  • Dairy Farmers of America, Inc. (USA)
  • Darigold, Inc. (USA)
  • Davisco Foods International, Inc. (USA)
  • Davisco Foods International, Inc. (USA)
  • Davisco Foods International, Inc. (USA)
  • Fonterra Co-Operative Group Limited (New Zealand)
  • Foremost Farms USA (USA)
  • Foremost Farms USA (USA)
  • Glanbia Foods, Inc. (USA)
  • Glanbia Foods, Inc. (USA)
  • Glanbia Foods, Inc. (USA)
  • Hilmar Cheese Company (USA)
  • Hilmar Ingredients (USA)
  • Lactalis Ingredients (France)
  • Leprino Foods Company (USA)
  • Leprino Foods Company (USA)
  • Meiji Holdings Co., Ltd. (Japan)
  • MG Nutritionals (China)
  • MG Nutritionals (China)
  • Royal FrieslandCampina (Netherlands)
  • DMV International BV (Netherlands)
  • Saputo Inc. (USA)
  • Saputo Inc. (USA)
  • Uniq Bioresearch Ltd. (Finland)
  • Unternehmensgruppe Theo Müller S.e.c.s (Luxembourg)
  • Valio Ltd. (Finland)
  • Volac International Ltd. (UK)
3. MARKET TRENDS & DRIVERS
  • Ubiquity of Whey Proteins in Clean Eating and Good Nutrition Drive Healthy Market Growth
  • Whey Protein Transform from a Niche to a Mainstream Status
  • Dairy Replacements: Almond Milk Emerge as the Dominant Dairy Alternative
  • Dominant Dairy Alternative
  • Elimination of Trans-fats from Products Lead to Change in Food Formulations, Augurs Well for the Market
  • Nutrition as an Essential Building Block for Performance Improvement Drive Robust Demand in Sports Nutrition Products
  • Customized Protein Delivery
  • Growing Applications in Food Fortification and Clinical Nutrition Products Boosts Demineralized Whey Powder Consumption
  • Clinical Nutrition Products: A High Potential Segment
  • Infant Formula and Nutritional Supplements Drive Healthy Growth in Demand for Protein Hydrolysate Ingredients
  • Steady Demand for Milk Protein Hydrolysates
  • Rising Use in Nutrient Powders, Supplements, and Powered Baby Foods
  • Infant Formula to Present Huge Opportunities for Protein Hydrolysate Ingredients
  • Traditional Revenue Contributors Making Way for Asian Super Powers
  • Ingestion of Whey Protein in Fighting ‘Sarcopenia’Boosts Demand from the Expanding Aging Demography
  • Demographic Statistics of the Global Aging Populace: Unfurling the Market Potential
  • Whey Protein as an Effective Ingredient for Diabetes Cure Lends Traction to Market Growth
  • Alarming Levels of Diabetes Incidence Worldwide: An Important Opportunity Indicator
  • Growing Demand for Functional Foods & Beverages Augurs Well for Market Expansion
  • High Protein: The Latest Trend in Functional Foods
  • Dairy Ingredients as a High Quality Source of Protein Drive Market Adoption
  • Favorable Research for Further Fractionation of Whey to Create New Business Opportunities
  • Whey Protein Innovations and Advancements: Spearheading Growth
  • Tricellar Whey™: Lending Helping Hand to Superior Muscle Gain
  • Whey Protein Weaving Silk Alternate
  • Surplus Whey Find Better Applications
  • Demand for Protein Fortified Products beyond Traditional Customers
  • High Concentrate Whey Proteins Gain Popularity
  • Nano Whey Proteins: Opportunities in Beverage Formulations
  • Focus on Preventive Healthcare Fuels Demand for Whey Protein Fortified Products
  • Increasing Obesity Levels Drive Consumption of Healthy and Whey Protein Rich Diets for Weight Management
  • Favorable Demographic and Economic Trends Strengthen Market Prospects
  • Expanding Population
  • Exponential Increase in Urban Population
  • Increasing Affluence of the Ballooning Middle Class Population
  • Will Plant-based Protein Replace Dairy-Based Whey Protein in the Long Term?
  • Whey Protein Powders from Organic Farms to the Rescue
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • UNITED STATES
  • CANADA
  • JAPAN
  • CHINA
  • EUROPE
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • AUSTRALIA
  • INDIA
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
IV. COMPETITION
  • Total Companies Profiled: 77
Note: Product cover images may vary from those shown
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