Whey Protein Ingredients Market Growth, Revenue, Size, Scope and Future Opportunities 2033
Global Whey Protein Ingredients Market Size- By Nature, By Type, By Application, By Product - Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Dec-2022 | Report ID: FOOD2233 | Pages: 1 - 233 | Formats*: |
| Category : Food & Beverages | |||
Global Whey Protein Ingredients Market Overview
According to SPER Market Research, the Global Whey Protein Ingredients Market is estimated to reach USD 31.63 billion by 2033 with a CAGR of 7.73%.
Whey protein components refer to globular proteins that have been extracted from whey, which is a liquid leftover from the production of cheese. These components have a higher protein concentration than soy, egg, and other milk-based proteins, which is why customers prefer them. Whey proteins are widely utilized as dietary supplements around the world due to their numerous health benefits. Whey protein, for example, is commonly used to improve insulin sensitivity, glucose tolerance, and lipid profiles, which reduce arterial stiffness and lower blood pressure. The denatured powder is also used to adjust the concentration of whey protein in order to provide a balanced diet for the new born. These components also reduce hepatic cholesterol levels in the elderly.
Exploring the Growth Drivers of the Global Whey Protein Ingredients Industry.
The global whey protein ingredients industry is being driven by numerous factors, including rising demand for sports nutrition products. The increased popularity of sports and fitness activities has resulted in an increase in demand for whey protein-containing sports nutrition products. Consumers are becoming more health-conscious, and they are looking for nutritionally beneficial food and beverage goods. Whey protein is a prominent ingredient in health and wellness products due to its high protein content, low fat content, and potential to aid in muscle growth and weight management. Whey protein is an important component of infant formula, which is in high demand due to the world's growing population, rising disposable income, and greater awareness of the need of early childhood nutrition. Whey protein hydrolysates and isolates, which have a higher protein content and are easier to digest, have been developed as a result of advancements in whey processing technology.
What challenges does the Global Whey Protein Ingredients Market face?
The global whey protein ingredients market confronts a number of obstacles, including fluctuating raw material prices. Prices of raw materials required in whey protein manufacturing, such as milk and dairy products, can be unpredictable due to supply and demand variations. This has the potential to reduce the profitability of whey protein makers and suppliers. The manufacturing of whey protein necessitates specialized processing equipment and infrastructure, which might result in expensive production costs. This may increase the cost of whey protein components for both manufacturers and consumers. While whey protein is a popular and commonly utilized protein source, it is competing with soy, pea, and rice protein. Whey protein makers may experience increased competition as consumers become more aware of the availability of other protein sources.
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In what ways has the COVID-19 pandemic affected Global Whey Protein Ingredients Market?
Protein-rich foods remained popular with consumers. Despite this, the new coronavirus outbreak has had a positive impact on market growth. The market expansion of whey protein components may be attributed to consumer awareness of the importance of developing a healthy immune system. According to the International Food Information Council's annual Food & Health Survey, more than four out of five consumers agree that the coronavirus outbreak has changed their eating patterns, prompting them to prepare, eat, purchase, and think about food differently. The combination of these factors resulted in an increase in sales of protein-based foods during the pandemic, and it is anticipated that this trend will persist throughout the projected period.
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Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Nature, By Type, By Application, By Product |
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America |
| Companies Covered | Archer Daniels Midland Company, Arla Foods, Burcon Nutrascience, Carberry Food Ingredients, Cargill Incorporation, CHS Inc., Dairy Farmers of America, Davisco Food International, DuPont, Fontera Co-Operative Group Ltd., Glanbia plc, Hilmar Cheese Company, Kewpie Corporation, Maple Island Corporation, Mead Johnson & Company, LLC, Roquette Freres, Rousselot, Tessendro Group, The Scoular Company, Others |
Key Target Audience
- Food and Beverage Companies
- Fitness Enthusiasts
- Whey Protein Manufacturers and Suppliers
Global Whey Protein Ingredients Market Segmentation:
1. By Nature:
- Global Whey Protein Ingredients Market Value Share and Forecast, By Nature, 2023-2033
- Conventional
- Organic
2. By Type:
- Global Whey Protein Ingredients Market Value Share and Forecast, By Type, 2023-2033
- Demineralized Whey Protein
- Hydrolyzed Whey Protein
- Whey Protein Concentrate
- Whey Protein Isolate
3. By Application:
- Global Whey Protein Ingredients Market Value Share and Forecast, By Application, 2023-2033
- Animal Feed
- Clinical Nutrition
- Food and Beverages
- Infant Formulations
- Others
4. By Product:
- Global Whey Protein Ingredients Market Value Share and Forecast, By Product, 2023-2033
- Animal/Diary Proteins
- Insect Proteins
- Microbe-Based Proteins
- Plant Proteins
5. By Region:
- Asia-Pacific
- Europe
- Middle East & Africa
- North America
- Latin America
Key Topics Covered in the Report
- Global Whey Protein Ingredients Market Size (FY’2023-FY’2033)
- Overview of Global Whey Protein Ingredients Market
- Segmentation of Global Whey Protein Ingredients Market By Nature (Conventional, Organic)
- Segmentation of Global Whey Protein Ingredients Market By Type (Demineralized Whey Protein, Hydrolyzed Whey Protein, Whey Protein Concentrate, Whey Protein Isolate)
- Segmentation of Global Whey Protein Ingredients Market By Application (Animal Feed, Clinical Nutrition, Food and Beverages, Infant Formulations, Others)
- Segmentation of Global Whey Protein Ingredients Market By Product (Animal/Diary Proteins, Insect Proteins, Microbe-Based Proteins, Plant Proteins)
- Statistical Snap of Global Whey Protein Ingredients Market
- Growth Analysis of Global Whey Protein Ingredients Market
- Problems and Challenges in Global Whey Protein Ingredients Market
- Competitive Landscape in the Global Whey Protein Ingredients Market
- Impact of COVID-19 and Demonetization on Global Whey Protein Ingredients Market
- Details on Recent Investment in Global Whey Protein Ingredients Market
- Competitive Analysis of Global Whey Protein Ingredients Market
- Key Players in the Global Whey Protein Ingredients Market
- SWOT Analysis of Global Whey Protein Ingredients Market
- Global Whey Protein Ingredients Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities
4.1.4. Challenges4.2. COVID-19 Impacts of the Global Whey Protein Ingredients Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Whey Protein Ingredients Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Whey Protein Ingredients Market
7. Global Whey Protein Ingredients Market, By Nature (USD Million)
7.1. Global Whey Protein Ingredients Market Value Share and Forecast, By Nature, 2023-20337.2. Conventional7.3. Organic
8. Global Whey Protein Ingredients Market, By Type (USD Million)
8.1. Global Whey Protein Ingredients Market Value Share and Forecast, By Type, 2023-20338.2. Demineralized Whey Protein8.3. Hydrolyzed Whey Protein8.4. Whey Protein Concentrate
8.4.1. WPC 808.4.2. WPC 35
8.5. Whey Protein Isolate
9. Global Whey Protein Ingredients Market, By Application (USD Million)
9.1. Global Whey Protein Ingredients Market Value Share and Forecast, By Application, 2023-20339.2. Animal Feed9.3. Clinical Nutrition9.4. Food and Beverages
9.4.1. Bakery & Confectionary9.4.2. Beverages9.4.3. Breakfast Cereals9.4.4. Dairy Alternatives9.4.5. Dietary Supplements/Weight Management9.4.6. Meat Alternatives & Extenders9.4.7. Snacks9.4.8. Sports Nutrition9.4.9. Others
9.5. Infant Formulations9.6. Others
10. Global Whey Protein Ingredients Market, By Product (USD Million)
10.1. Global Whey Protein Ingredients Market Value Share and Forecast, By Product, 2023-203310.2. Animal/Diary Proteins
10.2.1. Casein/Caseinates10.2.2. Collagen Peptides10.2.3. Egg Protein10.2.4. Gelatin10.2.5. Milk Protein Concentrate/Isolates10.2.6. Whey Protein Concentrates10.2.7. Whey Protein Hydrolysates10.2.8. Whey Protein Isolates
10.3. Insect Proteins
10.3.1. Coleoptera10.3.2. Diptera10.3.3. Hemiptera10.3.4. Hymenoptera10.3.5. Lepidoptera10.3.6. Orthoptera10.3.7. Others
10.4. Microbe-Based Proteins
10.4.1. Algae10.4.2. Bacteria10.4.3. Fungi10.4.4. Yeast
10.5. Plant Proteins
10.5.1. Ancient Grains10.5.2. Cereal-based10.5.3. Legumes-based10.5.4. Nuts & Seeds-based10.5.5. Root-based
11. Global Whey Protein Ingredients Market Forecast, 2019-2033 (USD Million)
11.1. Global Whey Protein Ingredients Market Size and Market Share
12. Global Whey Protein Ingredients Market, By Nature, 2019-2033 (USD Million)
12.1. Global Whey Protein Ingredients Market Size and Market Share By Nature (2019-2026)12.2. Global Whey Protein Ingredients Market Size and Market Share By Nature (2027-2033)
13. Global Whey Protein Ingredients Market, By Type, 2019-2033 (USD Million)
13.1. Global Whey Protein Ingredients Market Size and Market Share By Type (2019-2026)13.2. Global Whey Protein Ingredients Market Size and Market Share By Type (2027-2033)
14. Global Whey Protein Ingredients Market, By Application, 2019-2033 (USD Million)
14.1. Global Whey Protein Ingredients Market Size and Market Share By Application (2019-2026)14.2. Global Whey Protein Ingredients Market Size and Market Share By Application (2027-2033)
15. Global Whey Protein Ingredients Market, By Product, 2019-2033 (USD Million)
15.1. Global Whey Protein Ingredients Market Size and Market Share By Product (2019-2026)15.2. Global Whey Protein Ingredients Market Size and Market Share By Product (2027-2033)
16. Global Whey Protein Ingredients Market, By Region, 2019-2033 (USD Million)
16.1. Global Whey Protein Ingredients Market Size and Market Share By Region (2019-2026)
16.2. Global Whey Protein Ingredients Market Size and Market Share By Region (2027-2033)16.3. Asia-Pacific
16.3.1. Australia16.3.2. China16.3.3. India16.3.4. Japan16.3.5. South Korea16.3.6. Rest of Asia-Pacific
16.4. Europe
16.4.1. France16.4.2. Germany16.4.3. Italy16.4.4. Spain16.4.5. United Kingdom16.4.6. Rest of Europe
16.5. Middle East and Africa
16.5.1. Kingdom of Saudi Arabia16.5.2. United Arab Emirates16.5.3. Rest of Middle East & Africa
16.6. North America
16.6.1. Canada16.6.2. Mexico16.6.3. United States
16.7. Latin America
16.7.1. Argentina16.7.2. Brazil16.7.3. Rest of Latin America
17. Company Profile
17.1. Archer Daniels Midland Company
17.1.1. Company details17.1.2. Financial outlook17.1.3. Product summary17.1.4. Recent developments
17.2. Arla Foods
17.2.1. Company details17.2.2. Financial outlook17.2.3. Product summary17.2.4. Recent developments
17.3. Burcon Nutrascience
17.3.1. Company details17.3.2. Financial outlook17.3.3. Product summary17.3.4. Recent developments
17.4. Carberry Food Ingredients
17.4.1. Company details17.4.2. Financial outlook17.4.3. Product summary17.4.4. Recent developments
17.5. Cargill Incorporation
17.5.1. Company details17.5.2. Financial outlook17.5.3. Product summary17.5.4. Recent developments
17.6. CHS Inc.
17.6.1. Company details17.6.2. Financial outlook17.6.3. Product summary17.6.4. Recent developments
17.7. Dairy Farmers of America
17.7.1. Company details17.7.2. Financial outlook17.7.3. Product summary17.7.4. Recent developments
17.8. Davisco Food International
17.8.1. Company details17.8.2. Financial outlook17.8.3. Product summary17.8.4. Recent developments
17.9. DuPont
17.9.1. Company details17.9.2. Financial outlook17.9.3. Product summary17.9.4. Recent developments
17.10. Fontera Co-Operative Group Ltd.
17.10.1. Company details17.10.2. Financial outlook17.10.3. Product summary17.10.4. Recent developments
17.11. Glanbia plc
17.11.1. Company details17.11.2. Financial outlook17.11.3. Product summary17.11.4. Recent developments
17.12. Hilmar Cheese Company
17.12.1. Company details17.12.2. Financial outlook17.12.3. Product summary17.12.4. Recent developments
17.13. Kewpie Corporation
17.13.1. Company details17.13.2. Financial outlook17.13.3. Product summary17.13.4. Recent developments
17.14. Maple Island Corporation
17.14.1. Company details17.14.2. Financial outlook17.14.3. Product summary17.14.4. Recent developments
17.15. Mead Johnson & Company, LLC
17.15.1. Company details17.15.2. Financial outlook17.15.3. Product summary17.15.4. Recent developments
17.16. Roquette Freres
17.16.1. Company details17.16.2. Financial outlook17.16.3. Product summary17.16.4. Recent developments
17.17. Rousselot
17.17.1. Company details17.17.2. Financial outlook17.17.3. Product summary17.17.4. Recent developments
17.18. Tessendro Group
17.18.1. Company details17.18.2. Financial outlook17.18.3. Product summary17.18.4. Recent developments
17.19. The Scoular Company
17.19.1. Company details17.19.2. Financial outlook17.19.3. Product summary17.19.4. Recent developments
17.20. Others
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
The Whey Protein Ingredients Market CAGR of 10.5% during the forecast period.
The market for whey protein ingredients is driven by elements including the possible health advantages of dairy nutritional and nutraceutical substances, the high demand for milk-based ingredients in skin and hair care cosmetics, and the simple accessibility of caseins and casein. The demand for nutraceutical components from the food processing industry is also rising significantly, which presents a potential opportunity for the expansion of the market for whey protein ingredients globally.
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The Whey Protein Ingredients Market size is USD 31.63 billion from 2023 to 2033.
The Whey Protein Ingredients Market segment is Covered By Nature, By Type, By Application, By Product.
The North America and Europe region is anticipated to have the highest market share in the Whey Protein Ingredients Market.
The key players in the market include Companies Covered Archer Daniels Midland Company, Arla Foods, Burcon Nutrascience, Carberry Food Ingredients, Cargill Incorporation, CHS Inc., Dairy Farmers of America, Davisco Food International, DuPont, Fontera Co-Operative Group Ltd.
The Whey Protein Ingredients Market is projected to reach USD 31.63 billion by 2033, growing at a CAGR of 17.73% during the forecast period.
The Whey Protein Ingredients Market grew in market size from 2022. The Market is expected to reach USD 31.63 billion by 2033, at a CAGR of 7.73% during the forecast period.
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