A Glimpse of What Lies Ahead for the Whey Protein Ingredients Market Forecast(2018-2023)

Author: Rohit Patrick

In the Report "Whey Protein Ingredients Market: By Form (Whey Protein Isolate, Whey Protein Concentrate, Whey Protein Hydrolysate); By Application (Food & Beverages, Nutritional Supplements); By Geography (North America, Europe, APAC, RoW) - Forecast (2018 - 2023)" published by IndustryARC, the market demand for rich food and increased consumption of specialized products such as infant formula has been driving the market globally.

Europe with a major share in the Whey Protein Ingredients Market :

Europe dominates in whey protein market in terms of serving wide varieties of related food products in 2018, followed by North America. U.K. is the leading region in Europe, due to the rising demand for high-protein products. The U.S. dominates the market in the North American region, whereas increasing disposable income in the developing countries such as China is estimated to enhance the growth rate in the Asia-Pacific whey protein ingredients market. The Asia-Pacific region is the fastest growing, with a CAGR of 11.68% through 2023. The growing demand from food and beverage applications in the APAC region results in the strong demand for whey protein ingredients.

Selected Product Type Analysis was done in the full Report:

The growing prominence of performance products is driving the market. Whey protein isolates are growing at a double-digit rate with 17.2% CAGR through 2018-2023. The Whey Protein Market is segmented into Protein Isolate, Hydrolysates, Concentrate, and Demineralized whey protein powder. Among all the purest form of whey protein, isolates contain90% of protein content and less than 1% of fat. Whey isolates are broadly used in proteins bars, nutritive drinks, and supplement products. The other major applications for isolates proteins are a bakery, meat, and snacks. Whey protein hydrolysate holds the second largest revenue generating segment which is projected to grow at a CAGR of 6.4% with steady growth. Whey protein hydrolysates are prepared by processing the protein concentrate with enzymes and then drying the resulting soup to a powder. Medical nutritional products include a wider application for hydrolyzed proteins. Compared with the above form of protein, demineralized whey powder is emerging and is estimated to grow at a CAGR of 4.7% during the forecast period. Demineralized whey acts as a significant alternative to sweet whey in applications requiring high lactose and low ash content.

Excerpts on Market Growth Factors

  • Increasing younger population with fitness consciousness propelled the demand for whey as an ingredient in bodybuilding supplements. The survey also says rising demand in sports nutrition and infant nutrition act as a key driver for influenced Whey protein market. As the sports nutrition market has been reaching a wide range of consumer groups, volume growth of whey proteins will be robust in the coming years as compared to value growth.
  • Major food & beverage players are expected to enter the protein snacks and shake market due to the popularity and consumer attention related to rich protein diets. Consumers are seeking nutritive and less time-consuming foods for their breakfasts which offer great prospects for protein for fortified breakfast cereals and snacks.
  • Increasing urbanization, and penetration of the retail sector, the functional food sectors are opening new opportunities for the development of protein ingredients for manufacturers to develop and deliver tailor-made solutions.

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https://industryarc.com/Report/7440/whey-protein-ingredients-market-analysis.html

Key players of the Whey Protein Ingredients Market:

Major companies operating in the Whey Protein Ingredients Market include Arla Foods AMBA, Cargill Inc., Hilmar Cheese Company, Davisco Foods International, Milk SpecialtiesGlobal and Glanbia Plc. Arla Foods Amba is the key player in the whey protein ingredients market with 8.7% of the market share. Davisco Foods International is main producer of concentrates & isolates. Davisco accounts for 8.4% of the overall market share. The other category contributes 68%, consisting of companies such as Foremost Farms, Dairy Farmers of America Inc., Carbery Food Ingredients and few others.

Whey Protein Ingredients Market report is segmented as below

The Global Whey Protein Ingredients study across various end-user industries is incorporated in the report.

A. Whey Protein Ingredients Market - By Type

  1. Whey Protein Isolate
  2. Whey Protein Hydrolysates
  3. Whey Protein Concentrate
  4. Demineralized whey powder
  5. Others

B. Whey Protein Ingredient Market - By Application

  1. Bakery & Confectionary
  2. Beverages
  3. Meat Products
  4. Dairy Products & Frozen Foods
  5. Sports Nutrition
  6. Infant Nutrition
  7. Others

C. Whey Protein Ingredients Market by Geography (covers 10+ countries)

D. Whey Protein Ingredients Market Entropy

E. Manufacturer Citied / Interviewed

  1. VALIO LTD. 05. FOREMOST FARMS
  2. CARBERY FOOD INGREDIENTS 06. DAIRY FARMERS OF AMERICA INC.
  3. GRANDE CUSTOMS INGREDIENTS GROUP 07. Company 7
  4. EUROSERUM SAS 08. Company 8

What can you expect from the report?

The Whey Protein Ingredients Market Report is Prepared with the Main Agenda to Cover the following 20 points:

  • Market Size by Product Categories & Application
  • Market trends & Relevant Market Data
  • Country-level Analysis
  • Manufacturer Landscape
  • Distributor Landscape
  • Pricing Analysis
  • Top 10 End-user Analysis
  • Product Benchmarking
  • Product Developments Analysis
  • Mergers & Acquisition Analysis
  • Patent Analysis

  • Demand Analysis (Revenue & Volume)

  • Country-level Analysis

  • Competitor Analysis

  • Market Shares Analysis

  • Value Chain Analysis

  • Supply Chain Analysis

  • Strategic Analysis

  • Current & Future Market Landscape

  • Opportunity Analysis

  • Revenue and Volume Analysis

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