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Asia-Pacific 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

  • 144 Pages
  • December 2024
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6036076
The Asia Pacific Whey Protein Market is expected to witness market growth of 11.2% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 41,863.8 tonnes, showcasing a growth of 15.5% (2020-2023).

Online stores have become a crucial distribution channel in the whey protein market due to the increasing shift toward digital shopping and the growing demand for convenience. Consumers now prefer the ease of purchasing whey protein products from e-commerce platforms such as Amazon, iHerb, and specialized health websites, which offer a wide variety of options and competitive pricing. These platforms enable buyers to access detailed product descriptions, reviews, and ratings, helping them make informed decisions. Thus, 3,644.2 tonnes of whey protein is expected to be sold by Online stores in India by the year 2031.



The China market dominated the Asia Pacific 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 $978 million by 2031. The Japan market is registering a CAGR of 10.5% during 2024-2031. Additionally, the India market is expected to showcase a CAGR of 12.1% during 2024-2031.

At the heart of the whey protein market's growth is an increasing global emphasis on health and fitness. With sedentary lifestyles and processed foods contributing to a surge in lifestyle-related diseases, consumers are more aware of the importance of a balanced diet. Protein, often touted as a macronutrient powerhouse, has become central to this narrative, driving demand for high-quality protein sources like whey.

Moreover, whey protein is distinguished by its high bioavailability and complete amino acid profile, unlike plant-based proteins, making it a preferred choice for those seeking optimal nutrition. The fitness community, in particular, has embraced whey protein for its ability to support muscle repair, recovery, and growth, establishing it as a staple in sports nutrition.

The Asia Pacific region is emerging as a significant player in the whey protein market, driven by its growing role as a producer and consumer of dairy products. The growing awareness of health, coupled with rising disposable incomes and a transition towards protein-enriched diets, has catalyzed a significant increase in the demand for whey protein products. The region has witnessed rapid market expansion, from traditional culinary applications to modern innovations in protein-enriched snacks and functional foods. Governments across the Asia Pacific support dairy farming and whey protein processing through subsidies, research programs, and infrastructure development, positioning the region as a key hub for whey protein production and consumption.

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)
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia Pacific

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 Asia Pacific Whey Protein Market, by Distribution Channel
1.4.2 Asia Pacific Whey Protein Market, by Type
1.4.3 Asia Pacific Whey Protein Market, by Application
1.4.4 Asia Pacific 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. Asia Pacific Whey Protein Market by Distribution Channel
5.1 Asia Pacific Supermarkets & Hypermarkets Market by Country
5.2 Asia Pacific Speciality Stores Market by Country
5.3 Asia Pacific Online Stores Market by Country
5.4 Asia Pacific Other Distribution Channels Market by Country
Chapter 6. Asia Pacific Whey Protein Market by Type
6.1 Asia Pacific Whey Protein Concentrates (WPC) Market by Country
6.2 Asia Pacific Whey Protein Isolates (WPI) Market by Country
6.3 Asia Pacific Whey Protein Hydrolysates (WPH) Market by Country
Chapter 7. Asia Pacific Whey Protein Market by Application
7.1 Asia Pacific Sports Nutrition Market by Country
7.2 Asia Pacific Dietary Supplements Market by Country
7.3 Asia Pacific Infant Formula Market by Country
7.4 Asia Pacific Beverages Market by Country
7.5 Asia Pacific Food & Feed Additives Market by Country
Chapter 8. Asia Pacific Whey Protein Market by Country
8.1 China Whey Protein Market
8.1.1 China Whey Protein Market by Distribution Channel
8.1.2 China Whey Protein Market by Type
8.1.3 China Whey Protein Market by Application
8.2 Japan Whey Protein Market
8.2.1 Japan Whey Protein Market by Distribution Channel
8.2.2 Japan Whey Protein Market by Type
8.2.3 Japan Whey Protein Market by Application
8.3 India Whey Protein Market
8.3.1 India Whey Protein Market by Distribution Channel
8.3.2 India Whey Protein Market by Type
8.3.3 India Whey Protein Market by Application
8.4 South Korea Whey Protein Market
8.4.1 South Korea Whey Protein Market by Distribution Channel
8.4.2 South Korea Whey Protein Market by Type
8.4.3 South Korea Whey Protein Market by Application
8.5 Australia Whey Protein Market
8.5.1 Australia Whey Protein Market by Distribution Channel
8.5.2 Australia Whey Protein Market by Type
8.5.3 Australia Whey Protein Market by Application
8.6 Malaysia Whey Protein Market
8.6.1 Malaysia Whey Protein Market by Distribution Channel
8.6.2 Malaysia Whey Protein Market by Type
8.6.3 Malaysia Whey Protein Market by Application
8.7 Rest of Asia Pacific Whey Protein Market
8.7.1 Rest of Asia Pacific Whey Protein Market by Distribution Channel
8.7.2 Rest of Asia Pacific Whey Protein Market by Type
8.7.3 Rest of Asia Pacific 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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