The U.K. whey protein market is one of the strongest among the countries in Western Europe. It has seen a huge growth in recent years and is expected to witness a CAGR of around 7.3% during 2021-2026. Major drivers of the rising consumption of whey proteins in the U.K. are increased applications in the health, sports, and functional foods industry. Research and development in the health sector for whey protein consumption has contributed significantly to the growth of the whey protein market in the U.K. For instance, it has been found out that almost 3 million Britons have type 3 diabetes. To cope with diabetes, whey is effective in an instant increase in insulin. Thus, the demand for whey protein in the health sector is growing steadily. The major restraint of the whey protein market in the U.K. is the high manufacturing cost of whey protein due to the high labor cost. Therefore, major players are shifting their production facilities in developing countries to benefit from the reduced labor and raw materials cost.
Major application of whey protein in the U.K. is in the dietary supplements industry and accounts for around 45% of the market share. Whey in the dietary supplement industry is used in various forms such as powder, smoothies, and sports food products. The application of whey protein in the food and beverage industry is the opportunity segment in the market.
Various research institutes in the dairy industry are collaborating with the food, beverage, and supplement producers to explore various application of whey protein and product innovation methods. Some of the innovative products that entered the market are ready-to-drink beverages, acidic beverages, sauces, coffee creams, and frozen desserts. In the last five years, due to increasing innovation in the application of whey, the market size of whey protein in the ‘Others’ category has grown significantly by around 38%.
Major application of whey protein in the U.K. is in the dietary supplements industry and accounts for around 45% of the market share. Whey in the dietary supplement industry is used in various forms such as powder, smoothies, and sports food products. The application of whey protein in the food and beverage industry is the opportunity segment in the market.
Various research institutes in the dairy industry are collaborating with the food, beverage, and supplement producers to explore various application of whey protein and product innovation methods. Some of the innovative products that entered the market are ready-to-drink beverages, acidic beverages, sauces, coffee creams, and frozen desserts. In the last five years, due to increasing innovation in the application of whey, the market size of whey protein in the ‘Others’ category has grown significantly by around 38%.
Key Deliverables
- Market trends since 2017 and five-year forecasts of market growth
- Detailed analysis of the micro and macro elements influencing demand trends
- Identifying opportunity spaces across segments
- Supply & demand side trend and analysis
- Price trend analysis, investment prospects, and competition pattern
- Insights on the growth potential of the market
- Detailed analysis of major producers covering financial investments & strategies adopted
- Competitive landscape of the industry
Table of Contents
1. Introduction
2. Summary
3. Industry Dynamics
4. Market Size and Forecast
5. Competitive Analysis
6. Company Profiles
Appendix
Companies Mentioned
- Agropur MSI, LLC
- Arla Foods
- Carbery Group
- Champignon-Hofmeister Group
- DMK group
- FriesiandCampina Ingredients
- Glanbia Plc
- Hilmar Cheese Company Inc
- Lactalis Ingredients
- Land O'Lakes Inc
- Leprino Foods Co
- Milk Specialties Global
- Meggle Group
- Saputo Ingredients
- Fonterra Co-operative Group
- Volac.
