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LAMEA Whey Protein Market Size, Share & Trends Analysis Report By Distribution Channel, By Type, By Application, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 140 Pages
  • December 2024
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6036014
The Latin America, Middle East and Africa Whey Protein Market is expected to witness market growth of 12.5% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 12,524.9 tonnes, showcasing a growth of 10.5% (2024-2031).

Sports Nutrition is a significant application in the whey protein market, driven by the increasing demand from athletes, bodybuilders, and fitness enthusiasts for high-quality protein sources to enhance performance and recovery. Whey protein is favored in sports nutrition due to its fast absorption, complete amino acid profile, and ability to support muscle growth, repair, and recovery after intense physical activity. Thus, Saudi Arabia market is expected to be utilize 610.0 tonnes of whey protein in sports nutrition application by the year 2031.



The Brazil market dominated the LAMEA Whey Protein Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $229.6 million by 2031. The Argentina market is showcasing a CAGR of 13.3% during 2024-2031. Additionally, the UAE market would register a CAGR of 12.1% during 2024-2031.

Whey protein has gained widespread recognition as a highly versatile and nutrient-rich protein source for its role in promoting muscle growth, supporting weight management, and enhancing overall health. Derived from milk during cheese-making, whey protein is a byproduct that was once discarded but is now a valuable commodity in the health and food industries.

Additionally, its rising demand is fueled by a convergence of factors, including growing health consciousness, technological advancements, evolving consumer preferences, and the rapid expansion of e-commerce.

The LAMEA region is progressively establishing itself as a promising market for whey protein, propelled by increasing consumer awareness of its health advantages and a burgeoning demand for high-protein diets. The availability of robust dairy industries in countries like Brazil and South Africa provides a strong foundation for local whey protein production. Additionally, the use of whey protein in traditional and modern recipes and its role in addressing nutritional deficiencies position LAMEA as a key growth area for the market.

List of Key Companies Profiled

  • Kerry Group plc.
  • Glanbia PLC
  • Fonterra Co-operative Group Limited
  • Arla Foods Amba
  • Carbery Group Ltd.
  • Lactalis Group
  • Maple Island, Inc.
  • Leprino Foods Company
  • Agropur Dairy Cooperative (Davisco Foods International, Inc.)
  • NOW Foods, Inc.

Market Report Segmentation

By Distribution Channel (Volume, Tonnes, USD Billion, 2020-2031)
  • Supermarkets & Hypermarkets
  • Speciality Stores
  • Online Stores
  • Other Distribution Channels
By Type (Volume, Tonnes, USD Billion, 2020-2031)
  • Whey Protein Concentrates (WPC)
  • Whey Protein Isolates (WPI)
  • Whey Protein Hydrolysates (WPH)
By Application (Volume, Tonnes, USD Billion, 2020-2031)
  • Sports Nutrition
  • Dietary Supplements
  • Infant Formula
  • Beverages
  • Food & Feed Additives
By Country (Volume, Tonnes, USD Billion, 2020-2031)
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Whey Protein Market, by Distribution Channel
1.4.2 LAMEA Whey Protein Market, by Type
1.4.3 LAMEA Whey Protein Market, by Application
1.4.4 LAMEA Whey Protein Market, by Country
1.5 Methodology for the Research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Recent Strategies Deployed in Whey Protein Market
Chapter 5. LAMEA Whey Protein Market by Distribution Channel
5.1 LAMEA Supermarkets & Hypermarkets Market by Country
5.2 LAMEA Speciality Stores Market by Country
5.3 LAMEA Online Stores Market by Country
5.4 LAMEA Other Distribution Channels Market by Country
Chapter 6. LAMEA Whey Protein Market by Type
6.1 LAMEA Whey Protein Concentrates (WPC) Market by Country
6.2 LAMEA Whey Protein Isolates (WPI) Market by Country
6.3 LAMEA Whey Protein Hydrolysates (WPH) Market by Country
Chapter 7. LAMEA Whey Protein Market by Application
7.1 LAMEA Sports Nutrition Market by Country
7.2 LAMEA Dietary Supplements Market by Country
7.3 LAMEA Infant Formula Market by Country
7.4 LAMEA Beverages Market by Country
7.5 LAMEA Food & Feed Additives Market by Country
Chapter 8. LAMEA Whey Protein Market by Country
8.1 Brazil Whey Protein Market
8.1.1 Brazil Whey Protein Market by Distribution Channel
8.1.2 Brazil Whey Protein Market by Type
8.1.3 Brazil Whey Protein Market by Application
8.2 Argentina Whey Protein Market
8.2.1 Argentina Whey Protein Market by Distribution Channel
8.2.2 Argentina Whey Protein Market by Type
8.2.3 Argentina Whey Protein Market by Application
8.3 UAE Whey Protein Market
8.3.1 UAE Whey Protein Market by Distribution Channel
8.3.2 UAE Whey Protein Market by Type
8.3.3 UAE Whey Protein Market by Application
8.4 Saudi Arabia Whey Protein Market
8.4.1 Saudi Arabia Whey Protein Market by Distribution Channel
8.4.2 Saudi Arabia Whey Protein Market by Type
8.4.3 Saudi Arabia Whey Protein Market by Application
8.5 South Africa Whey Protein Market
8.5.1 South Africa Whey Protein Market by Distribution Channel
8.5.2 South Africa Whey Protein Market by Type
8.5.3 South Africa Whey Protein Market by Application
8.6 Nigeria Whey Protein Market
8.6.1 Nigeria Whey Protein Market by Distribution Channel
8.6.2 Nigeria Whey Protein Market by Type
8.6.3 Nigeria Whey Protein Market by Application
8.7 Rest of LAMEA Whey Protein Market
8.7.1 Rest of LAMEA Whey Protein Market by Distribution Channel
8.7.2 Rest of LAMEA Whey Protein Market by Type
8.7.3 Rest of LAMEA Whey Protein Market by Application
Chapter 9. Company Profiles
9.1 Kerry Group PLC
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 SWOT Analysis
9.2 Glanbia PLC
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent Strategies and Developments
9.2.5.1 Product Launches and Product Expansions
9.2.6 SWOT Analysis
9.3 Fonterra Co-operative Group Limited
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expense
9.3.5 SWOT Analysis
9.4 Arla Foods amba
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expense
9.4.5 SWOT Analysis
9.5 Carbery Group Ltd.
9.5.1 Company Overview
9.5.2 Recent Strategies and Developments
9.5.2.1 Product Launches and Product Expansions
9.6 Lactalis Group
9.6.1 Company Overview
9.6.2 Recent Strategies and Developments
9.6.2.1 Product Launches and Product Expansions
9.6.2.2 Acquisition and Mergers
9.7 Maple Island, Inc.
9.7.1 Company Overview
9.8 Leprino Foods Company
9.8.1 Company Overview
9.9 Agropur Dairy Cooperative (Davisco Foods International, Inc.)
9.9.1 Company Overview
9.10. NOW Foods, Inc.
9.10.1 Company Overview
9.10.2 SWOT Analysis

Companies Mentioned

  • Kerry Group plc.
  • Glanbia PLC
  • Fonterra Co-operative Group Limited
  • Arla Foods Amba
  • Carbery Group Ltd.
  • Lactalis Group
  • Maple Island, Inc.
  • Leprino Foods Company
  • Agropur Dairy Cooperative (Davisco Foods International, Inc.)
  • NOW Foods, Inc.

Methodology

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