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Whey Protein Ingredients - Global Strategic Business Report

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    Report

  • 262 Pages
  • December 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 1244815
The global market for Whey Protein Ingredients is estimated at US$11.0 Billion in 2023 and is projected to reach US$17.5 Billion by 2030, growing at a CAGR of 6.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the whey protein ingredients market is driven by several factors. A key driver is the increasing consumer interest in health and wellness, with a particular emphasis on protein-rich diets. This is evident in the rise of the fitness and sports nutrition industry, where whey protein is a staple for muscle recovery and performance enhancement. Technological advancements in protein extraction and processing have resulted in the production of high-quality whey protein ingredients that cater to diverse consumer preferences, such as lactose-free options and enhanced flavor profiles. Additionally, the aging global population, which seeks to maintain muscle mass and overall health, is significantly contributing to market demand. The trend towards clean label products and transparency in ingredient sourcing is also propelling manufacturers to adopt whey protein, prized for its natural and minimally processed characteristics. Furthermore, the increasing popularity of functional foods and beverages that offer added health benefits is creating new opportunities for whey protein integration. This demand is bolstered by innovations in product development, such as protein-enriched ice creams and meal replacements, which appeal to health-conscious consumers seeking convenience without compromising on nutrition. These factors collectively underscore the dynamic nature of the whey protein ingredients market and its potential for sustained growth in the years ahead.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Whey Protein Concentrates segment, which is expected to reach US$8.6 Billion by 2030 with a CAGR of a 6.5%. The Whey Protein Hydrolysates segment is also set to grow at 6.8% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $3.0 Billion in 2023, and China, forecasted to grow at an impressive 11.0% CAGR to reach $4.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Whey Protein Ingredients Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Whey Protein Ingredients Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Whey Protein Ingredients Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Arla Foods Ingredients Group P/S, Carbery Food Ingredients, Cargill Inc., and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 19 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.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • Global Economic Update
  • Whey Protein Ingredients - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Increasing Consumer Interest in Health and Wellness Spurs Growth in Whey Protein Ingredients Market
  • Rising Popularity of High-Protein Diets Expands Addressable Market Opportunity for Whey Protein
  • Technological Advancements in Protein Extraction and Processing Propel Market Growth
  • Innovations in Food Processing Enhance Solubility, Taste, and Texture of Whey Protein
  • Growing Use of Whey Protein in Sports Nutrition Products Drives Demand
  • Expansion of Functional Foods and Beverages Fuels Whey Protein Integration
  • Aging Population Strengthens Business Case for Whey Protein Supplementation
  • Development of Lactose-Free Whey Protein Products Generates Demand from Lactose-Intolerant Consumers
  • Clean Label and Transparency Trends Propel Adoption of Naturally Sourced Whey Protein
  • Rising Consumer Awareness of Muscle Maintenance and Weight Management Benefits Throws the Spotlight on Whey Protein
  • Growth in E-commerce Platforms Accelerates Demand for Whey Protein Products
  • Adoption of Whey Protein in Infant Formulas Expands Market Scope
  • Integration of Whey Protein in Snacking Products Enhances Nutritional Value
  • Innovations in Whey Protein-Enriched Meal Replacements Propel Market Adoption
  • Consumer Shift Towards Convenient and Nutritious Food Options Drives Adoption of Whey Protein
  • Expansion of the Fitness and Sports Nutrition Industry Sustains Growth in Whey Protein Ingredients Market
  • Increased Utilization of Whey Protein in Weight Loss and Management Products Generates Demand
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Whey Protein Ingredients Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Whey Protein Ingredients by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 3: World Historic Review for Whey Protein Ingredients by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 4: World 16-Year Perspective for Whey Protein Ingredients by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Whey Protein Concentrates by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 6: World Historic Review for Whey Protein Concentrates by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 7: World 16-Year Perspective for Whey Protein Concentrates by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Whey Protein Hydrolysates by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 9: World Historic Review for Whey Protein Hydrolysates by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 10: World 16-Year Perspective for Whey Protein Hydrolysates by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Whey Protein Isolates by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 12: World Historic Review for Whey Protein Isolates by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 13: World 16-Year Perspective for Whey Protein Isolates by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Food & Beverages by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 15: World Historic Review for Food & Beverages by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 16: World 16-Year Perspective for Food & Beverages by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Nutritional Supplements by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 18: World Historic Review for Nutritional Supplements by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 19: World 16-Year Perspective for Nutritional Supplements by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for Personal Care by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 21: World Historic Review for Personal Care by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 22: World 16-Year Perspective for Personal Care by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 23: World Recent Past, Current & Future Analysis for Animal Feed & Pet Food by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2023 through 2030 and % CAGR
  • Table 24: World Historic Review for Animal Feed & Pet Food by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2022 and % CAGR
  • Table 25: World 16-Year Perspective for Animal Feed & Pet Food by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Whey Protein Ingredients Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Whey Protein Ingredients Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Whey Protein Ingredients Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Whey Protein Ingredients Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Whey Protein Ingredients Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Whey Protein Ingredients Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Whey Protein Ingredients Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Whey Protein Ingredients Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • Whey Protein Ingredients Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Whey Protein Ingredients Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Whey Protein Ingredients Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Whey Protein Ingredients Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
IRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EAST
AFRICA
  • Whey Protein Ingredients Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned

  • 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.

Table Information