PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1569402
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1569402
Global Demineralized Whey Powder Ingredient Market is valued at approximately USD 833.21 Million in 2023 and is anticipated to grow with a healthy growth rate of more than 7.1% over the forecast period 2024-2032. Demineralized whey, a by-product of cheese, is an essential ingredient widely utilized across various sectors due to its high protein content and low milk fat. This yellowish, free-flowing powder plays a crucial role in infant formula, sports nutrition, bakery, and confectionery products due to its calcium, phosphorus, and potassium content. However, due to the mineral content being unsuitable for infant food, the demineralization process is employed, which includes advanced techniques like nanofiltration, ion exchange chromatography, and electro-dialysis to reduce these minerals.
The global market for demineralized whey powder ingredients is experiencing significant growth driven by the rising demand for protein-rich diets and the increasing number of infants. Major suppliers of infant formula are keen on offering products with minimal mineral content, which is propelling the demand for demineralized whey powder ingredients. For instance, Agrana Starch offers both organic and conventional components for infant food formulas, emphasizing the need for natural and safe ingredients in baby food. Despite these favorable factors, the high cost of demineralized whey powder ingredients and inadequate distribution systems in developing nations such as China, India, and Brazil pose significant challenges to market growth. Moreover, the growing application of demineralized whey powder ingredients across various industries, including bakery and sports nutrition, is expected to present substantial growth opportunities in the coming years.
The key regions considered for the Global Demineralized Whey Powder Ingredient Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is a dominating region in the Global Demineralized Whey Powder Ingredient Market in terms of revenue. The market growth in the region is being attributed to factors including the rising number of affluent individuals and increasing consumer awareness regarding health issues. The U.S. is poised to be the most dominant market driven by higher disposable incomes and growing demand for dairy products. The surge in demand for demineralized whey powder ingredients in personal care and sports nutrition, due to their benefits in muscle gain, improved immunity, and fat loss, is further fueling market growth. Whereas, the market in Asia Pacific is anticipated to grow at the fastest rate over the forecast period fueled by rising consumer awareness about nutritional products, increasing disposable incomes, and expanding food and beverage industries, particularly in countries like China and India. The growing infant formula industry and the rising trend of healthy eating habits are also major factors propelling the rapid growth in this region.