Whey Protein Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Whey Protein Market: By Product Type (Isolates, Concentrates, Hydrolysate, Others), By Application (Nutritional Supplements, Personal Care, Food & Beverages, Animal Feed & Pet Food, Others), and Geography

 

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Report

Description

Whey Protein Market size is expected to be valued at USD 9,253.9 million in 2022 and grow at a CAGR of 9.7 % over the forecast period 2022-2028. The drivers which boost the market include rate of active lifestyle adoption and balanced consumption of food, Whey protein ingredients are rich in protein and have high nutritional value, and increased health consciousness. High costs of manufacturing, fluctuations in raw material prices and health-related problems act as restrain towards the global market. Rising incidences of chronic illnesses provide multiple opportunities of the market. The report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global whey protein market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global whey protein market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global whey protein market.

Key Developments:

In September 2019, Volac International Limited sold its stake in DV Nutrition to DMK Group. DV Nutrition was a producer of whey protein and lactose-based ingredients.

Whey Protein Market

MARKET SUMMARY
-
9.7%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 9.7%
  • Largest Market– North America
  • Fastest Growing Market– Europe

Whey Protein Market

  • The global whey protein market report gives comprehensive outlook on Textile Machinery market across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The report on global whey protein market gives historical, current, and future market sizes on the basis of type, application and region.
Key Players
  • Glanbia Plc
  • Kerry Group Plc
  • Milk Specialties Global
  • Leprino Foods Company
  • Hilmar Cheese Company, Inc.
Whey Protein Market Growth

It is noticed that the global whey protein market has a significant market growth rate on perspective of rising demand for sports nutrition. Sports nutrition is a broad interdisciplinary field that focuses on the science behind and application of proper nutrition during exercise. The areas of interest are: body’s use of nutrients during athletic competition; the need, if any, for nutritional supplements among athletes; and the role of proper nutrition and dietary supplements in enhancing an athlete’s performance. The psychological dimension of sports nutrition is concerned with eating disorders and other psychiatric conditions related to nutrition among athletes.


North America Got Significant Share

Whey Protein Market

North America contributed major revenue followed by Europe and Asia Pacific. In 2021, North America region accounted huge growth rate and is anticipated to grow with a forecast year due to the presence of key market players and population with high disposal income. Europe hold the second largest by growing trend of healthy lifestyle and awareness on the ingredients that are being consumed. Asia Pacific dominate the market on perspective of consumption of nutritional food products and beverages, with rising health consciousness.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The whey protein market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Whey Protein Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The whey protein market is projected to expand at a CAGR of  9.9% during the forecast period

Arla Foods, Agropur Inc., Hilmar Cheese Company, Inc., Glanbia Plc, Kerry Group Plc, Milk Specialties Global, Leprino Foods Company

North America is the fastest-growing region for whey protein market


Report

Table Of Content

1. Executive Summary
2. Global Whey Protein Market Introduction
2.1. Global Whey Protein Market – Taxonomy
2.2. Global Whey Protein Market –Definitions
2.2.1. Product Type
2.2.2. Application
3. Global Whey Protein Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Whey Protein Market Dynamic Factors – Impact Analysis
3.6. Global Whey Protein Market – Competition Landscape
4. Global Whey Protein Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Whey Protein Market, By Product Type, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1. Isolates
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Concentrates
5.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
5.3. Hydrolysate
5.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.3.3. Market Opportunity Analysis
5.4. Others
5.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.4.3. Market Opportunity Analysis
6. Global Whey Protein Market Forecast, By Application, 2017 – 2021 and Forecast, 2022 – 2028
6.1. Nutritional Supplements
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Personal Care
6.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Food & Beverages
6.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Animal Feed & Pet Food
6.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Others
6.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
7. Global Whey Protein Market Forecast, By Region, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1. North America
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Europe
7.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Asia-Pacific
7.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. Latin America
7.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
7.5. Middle East and Africa
7.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.5.3. Market Opportunity Analysis
7.6. Global Whey Protein Market – Opportunity Analysis Index, By Product Type, By Application, and Region, 2022 – 2028
8. North America Whey Protein Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
8.1.1. Isolates
8.1.2. Concentrates
8.1.3. Hydrolysate
8.1.4. Others
8.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
8.2.1. Nutritional Supplements
8.2.2. Personal Care
8.2.3. Food & Beverages
8.2.4. Animal Feed & Pet Food
8.2.5. Others
8.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
8.3.1. USA
8.3.2. Canada
8.4. North America Whey Protein Market – Opportunity Analysis Index, By Product Type, By Application, and Country, 2022 – 2028
8.5. North America Whey Protein Market Dynamics – Trends
9. Europe Whey Protein Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
9.1.1. Isolates
9.1.2. Concentrates
9.1.3. Hydrolysate
9.1.4. Others
9.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
9.2.1. Nutritional Supplements
9.2.2. Personal Care
9.2.3. Food & Beverages
9.2.4. Animal Feed & Pet Food
9.2.5. Others
9.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
9.3.1. Germany
9.3.2. UK
9.3.3. France
9.3.4. Spain
9.3.5. Italy
9.3.6. Russia
9.3.7. Poland
9.3.8. Rest of Europe
9.4. Europe Whey Protein Market – Opportunity Analysis Index, By Product Type, By Application, and Country, 2022 – 2028
9.5. Europe Whey Protein Market Dynamics – Trends
10. Asia-Pacific Whey Protein Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
10.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
10.1.1. Isolates
10.1.2. Concentrates
10.1.3. Hydrolysate
10.1.4. Others
10.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Nutritional Supplements
10.2.2. Personal Care
10.2.3. Food & Beverages
10.2.4. Animal Feed & Pet Food
10.2.5. Others
10.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.3.1. Japan
10.3.2. China
10.3.3. India
10.3.4. ASEAN
10.3.5. Australia & New Zealand
10.3.6. Rest of Asia-Pacific
10.4. Asia-Pacific Whey Protein Market – Opportunity Analysis Index, By Product Type, By Application, and Country, 2022 – 2028
10.5. Asia-Pacific Whey Protein Market Dynamics – Trends
11. Latin America Whey Protein Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
11.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. Isolates
11.1.2. Concentrates
11.1.3. Hydrolysate
11.1.4. Others
11.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Nutritional Supplements
11.2.2. Personal Care
11.2.3. Food & Beverages
11.2.4. Animal Feed & Pet Food
11.2.5. Others
11.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.3.1. Brazil
11.3.2. Mexico
11.3.3. Argentina
11.3.4. Rest of Latin America
11.4. Latin America Whey Protein Market – Opportunity Analysis Index, By Product Type, By Application, and Country, 2022 – 2028
11.5. Latin America Whey Protein Market Dynamics – Trends
12. Middle East and Africa Whey Protein Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
12.1. Product Type Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. Isolates
12.1.2. Concentrates
12.1.3. Hydrolysate
12.1.4. Others
12.2. Application Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Nutritional Supplements
12.2.2. Personal Care
12.2.3. Food & Beverages
12.2.4. Animal Feed & Pet Food
12.2.5. Others
12.3. Country Analysis 2017 – 2021 and Forecast 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.3.1. Gulf Cooperation Council (GCC) Countries
12.3.2. Israel
12.3.3. South Africa
12.3.4. Rest of MEA
12.4. MEA Whey Protein Market – Opportunity Analysis Index, By Product Type, By Application, and Country, 2022 – 2028
12.5. MEA Whey Protein Market Dynamics – Trends
13. Competition Landscape 
13.1. Strategic Dashboard of Top Market Players
13.2. Company Profiles (Introduction, Financial Analysis, Application & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
13.2.1. Arla Foods
13.2.2. Agropur Inc.
13.2.3. Hilmar Cheese Company, Inc.
13.2.4. Glanbia Plc
13.2.5. Kerry Group Plc
13.2.6. Milk Specialties Global
13.2.7. Leprino Foods Company
13.2.8. Carbery
13.2.9. Grande Cheese Company
13.2.10. Lactalis Group
14. Research Methodology
15. Key Assumptions and Acronyms

Report

Company Profile

  • Arla Foods
  • Agropur Inc.
  • Hilmar Cheese Company, Inc.
  • Glanbia Plc
  • Kerry Group Plc
  • Milk Specialties Global
  • Leprino Foods Company
  • Carbery
  • Grande Cheese Company
  • Lactalis Group

Description

Whey Protein Market size is expected to be valued at USD 9,253.9 million in 2022 and grow at a CAGR of 9.7 % over the forecast period 2022-2028. The drivers which boost the market include rate of active lifestyle adoption and balanced consumption of food, Whey protein ingredients are rich in protein and have high nutritional value, and increased health consciousness. High costs of manufacturing, fluctuations in raw material prices and health-related problems act as restrain towards the global market. Rising incidences of chronic illnesses provide multiple opportunities of the market. The report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global whey protein market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global whey protein market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global whey protein market.

Key Developments:

In September 2019, Volac International Limited sold its stake in DV Nutrition to DMK Group. DV Nutrition was a producer of whey protein and lactose-based ingredients.

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