PUBLISHER: KBV Research | PRODUCT CODE: 1616671
PUBLISHER: KBV Research | PRODUCT CODE: 1616671
The Asia Pacific Whey Protein Market would witness market growth of 11.2% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 41,863.8 tonnes, showcasing a growth of 15.5% (2020-2023).
Online stores have become a crucial distribution channel in the whey protein market due to the increasing shift toward digital shopping and the growing demand for convenience. Consumers now prefer the ease of purchasing whey protein products from e-commerce platforms such as Amazon, iHerb, and specialized health websites, which offer a wide variety of options and competitive pricing. These platforms enable buyers to access detailed product descriptions, reviews, and ratings, helping them make informed decisions. Thus, 3,644.2 tonnes of whey protein is expected to be sold by Online stores in India by the year 2031.
The China market dominated the Asia Pacific Whey Protein Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $978 million by 2031. The Japan market is registering a CAGR of 10.5% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 12.1% during (2024 - 2031).
At the heart of the whey protein market's growth is an increasing global emphasis on health and fitness. With sedentary lifestyles and processed foods contributing to a surge in lifestyle-related diseases, consumers are more aware of the importance of a balanced diet. Protein, often touted as a macronutrient powerhouse, has become central to this narrative, driving demand for high-quality protein sources like whey.
Moreover, whey protein is distinguished by its high bioavailability and complete amino acid profile, unlike plant-based proteins, making it a preferred choice for those seeking optimal nutrition. The fitness community, in particular, has embraced whey protein for its ability to support muscle repair, recovery, and growth, establishing it as a staple in sports nutrition.
The Asia Pacific region is emerging as a significant player in the whey protein market, driven by its growing role as a producer and consumer of dairy products. The growing awareness of health, coupled with rising disposable incomes and a transition towards protein-enriched diets, has catalyzed a significant increase in the demand for whey protein products. The region has witnessed rapid market expansion, from traditional culinary applications to modern innovations in protein-enriched snacks and functional foods. Governments across the Asia Pacific support dairy farming and whey protein processing through subsidies, research programs, and infrastructure development, positioning the region as a key hub for whey protein production and consumption.
Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Speciality Stores, Online Stores, and Other Distribution Channels. Based on Type, the market is segmented into Whey Protein Concentrates (WPC), Whey Protein Isolates (WPI), and Whey Protein Hydrolysates (WPH). Based on Application, the market is segmented into Sports Nutrition, Dietary Supplements, Infant Formula, Beverages, and Food & Feed Additives. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
Asia Pacific Whey Protein Market Report Segmentation
By Distribution Channel (Volume, Tonnes, USD Billion, 2020-2031)
By Type (Volume, Tonnes, USD Billion, 2020-2031)
By Application (Volume, Tonnes, USD Billion, 2020-2031)
By Country (Volume, Tonnes, USD Billion, 2020-2031)