The global market was valued at $7611.0 million in 2014 and is likely to garner $18850.5 million in 2025, growing at a CAGR of 9.07% during the forecast period, 2018-2025 according to Progressive Markets report, Whey Protein Ingredients Market Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025.
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The study offers an in-depth analysis of the entire whey protein ingredients industry. It encompasses the market size, market share analysis, market dynamics, market forecast, Porters Five Forces Analysis, research methodology, key market segments, and the key company profiles. The information provided in the report has been gathered and validated through a rigorous primary and secondary research. The study is an important tool for market players, new entrants, and investors as it helps them identify the lucrative investment pockets and opportunities for growth, and determine strategies to be implemented for their business progress.
The report provides an executive summary of the whey protein ingredients market to help market players, stakeholders, new entrants, and investors assess the overall industry scenario and take the required steps to attain growth in the years to come. Key findings are mentioned in the study to help market players gain insights into the key winning strategies and investment pockets. Porters Five Forces model is included to help market players develop business strategies for the future and identify the level of competition all over the world. Bargaining power of suppliers, bargaining power of buyers, the threat of new entrants, threat from substitutes, and industrial rivalry are the parameters which are employed for the analysis of the model.
The report discusses the market landscape of the whey protein ingredients industry based on the drivers and restraints. A rise in the number of working women, growing awareness of healthy diet among consumers, and the growing beverage market in Asia-Pacific cause the industry to grow. In addition, the rise in demand for whey proteins in personal care and sports nutrition provide opportunities for growth. On the other hand, the high manufacturing costs of whey proteins, as well as the health concerns associated with whey proteins, limit the growth of the market.
The market discusses the key market segments of the whey protein ingredients industry. The market is segmented based on type, application, and geography. Based on the type, the market is bifurcated into whey protein concentrate (WPC), whey protein isolate (WPI), hydrolyzed whey protein, and demineralized whey protein. The whey protein concentrate segment is further categorized as whey protein concentrate (WPC) 80 and whey protein concentrate (WPC) 35. This segment garnered $4091.6 million in 2017 and is likely to grow at the highest CAGR of 9.23% during the forecast period. The whey protein isolate segment is likely to grow at a CAGR of 9.10% during the forecast period. Based on application, the market is divided into bakery and confectionery, dairy products, frozen foods, sports nutrition, beverages, meat products, medicine, and others (personal care and infant nutrition). The bakery and confectionary segment is likely to grow at a CAGR of 9.64% and the sports nutrition segment is likely to grow at a CAGR of 10.19% during the forecast period. Geographically, the report provides the market study across North America, Europe, Asia-Pacific, and LAMEA. In North America, the whey protein ingredients market analysis covers the U.S., Canada, and Mexico. In Europe, the market is studied in France, Germany, UK, Spain, Italy, and the rest of Europe. In Asia-Pacific, the market is studied in India, China, Japan, Korea, Australia, and the rest of Asia-Pacific. In LAMEA, the market study covers Brazil, KSA, South Africa, and the rest of LAMEA.
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The study offers a detailed analysis of key market players active in the global whey protein ingredients industry. An overview is provided to help investors determine investment feasibility and market players to determine strategies for achieving growth. Furthermore, financial and business segments of each market player are offered in the report along with recent developments. Key market players analyzed in the report include Cargill Incorporation, Dairy Farmers of America, Glanbia plc, Hilmar Cheese Company, Carberry food ingredients, Davisco Food International, Fonterra Co-Operative Group Ltd, Milk Specialities Global, Arla Foods, and Maple Island Incorporation. They adopt growth strategies such as product launches, acquisitions, and partnerships to grow and sustain in the marketplace.
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