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Global Whey Protein Ingredients Market, Increasing Demand, Forecast up to 2027
Posted: Jun 24, 2019
ReportsnReports bring a detailed market analysis report on Whey Protein Ingredients Market 2019-2027. The analysis report is helpful to understand the worldwide and provincial market circumstances and to determine how the market will develop. The Whey Protein Ingredients Market report has been established by professional players having profound learning, knowledge, attention to assist every organization during this business to accomplish their favored market position. The report provides showcase investigation up to 2027.
Whey protein is a mixture of proteins isolated from whey, which is the liquid part of milk that separates during cheese production. Milk generally contains two main types of protein: casein (80%) and whey (20%). Whey is found in the watery portion of milk. When cheese is produced, the fatty parts of the milk coagulate, and the whey is separated from it as a by-product.
Whey protein is commonly used for improving athletic performance and increasing strength, but evidence to support these uses is mixed. Whey protein is also used to reverse weight loss in people with HIV and to help prevent allergic conditions in infants.
Global whey protein ingredients market is anticipated to grow with 11.34% CAGR (by revenue) & 5.58 % CAGR (by volume) during the forecast period 2019-2027. The base year considered for the study is 2018 and the estimated period is between 2019 and 2027.
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Whey Protein Ingredients Market Insight Analysis:
The growing demand for dairy alternatives can be accredited to the growing inclination toward vegan, especially plant-based food, growing lactose intolerance among a large section of the population, coupled with rising demand for various innovative dairy-free applications. Due to the health benefits associated with it, there are a large number of people switching to dairy alternatives thereby increasing the market value for the protein-based diet. Moreover, the rise in income levels of middle-class people and health-conscious consumers have
significantly led to an increase in demand for lean protein ingredients over the past few years. The rise in regularities of obesity in young people, especially in America and China has driven the demand for a healthy protein based diet globally; however, the rise in prices coupled with new diseases in animals still probes an uncertainty that is hampering the growth in the forecast period.
Whey Protein Ingredients Market Top Key Player Analysis:
Whey Protein Ingredients Key companies mentioned in the report
- Leprino Foods Co.
- Cargill Incorporated
- Milk Specialties
- Grande Custom Ingredients
- Danone SA
- Erie Foods International Inc.
- Omega Protein
- American Dairy Products Institute
- Fonterra Co-Operative Group Limited
- Agropur MSI LLC
- Warrnambool Cheese & Butter Factory
- Saputo Ingredients
- Westland Milk Products
- Arla Foods and
- Meggle Group
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Whey Protein Ingredients Market Regional Analysis:
The global whey protein ingredients market has been geographically segmented into four major regions, which are North America, Europe, Asia-Pacific and the Rest of the World. The Asia Pacific region is expected to surge with the fastest growth rate by revenue during the forecasted period. Whereas, North American region is expected to surge with the fastest growth rate by volume during the forecasted period.
Global whey protein market in the Asia Pacific region is poised for higher growth owing to the increase of its young population and rise in the standard of living coupled with an increase in urbanization. The Asian regions are also undergoing a largescale westernization of diets, leading to an increase in demand for whey protein ingredients. Moreover, matured regions such as Europe and North America invest high capitals in South America and Asia-Pacific.
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ReportsnReports.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets.