Global Whey Protein Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

List of Tables

The global demand for Whey Protein Market is presumed to reach the market size of nearly USD 6.46 Billion by 2032 from USD 5.92 Billion in 2023 with a CAGR of 0.97% under the study period 2024-2032.

Whey protein is a premium protein sourced from whey, the liquid component of milk that separates during cheese manufacturing. It is a complete protein encompassing all nine crucial amino acids that the body cannot synthesize independently. It is favored among athletes, bodybuilders, and fitness enthusiasts for its rapid digestion and absorption, making it an ideal post-workout supplement to support muscle recovery and growth. Additionally, it promotes satiety, aids weight management, and supports overall health when incorporated into a balanced diet. It is available in various forms, including concentrate, isolate, and hydrolysate.

MARKET DYNAMICS

The factors driving the whey protein market include the awareness of the health benefits of protein supplementation, the growing popularity of fitness and sports nutrition, and the rising demand for convenient and functional food products. Moreover, the expanding consumer base for protein supplements, including older adults, vegetarians, and individuals following weight management or muscle-building regimens, drives the market growth. Additionally, advancements in food processing technologies and formulation techniques enable the development of innovative whey protein products such as shakes, protein bars, and snacks. Furthermore, the influence of social media influencers, fitness trends, and online retail channels amplifies consumer awareness and accessibility, further driving market growth. The spurring demand for clean labels & natural ingredients also influences the market, prompting manufacturers to offer whey protein products free from additives, artificial flavors, and allergens. However, competition from plant-based protein sources and regulatory challenges may hinder the market growth in the next few years.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Whey Protein. The growth and trends of Whey Protein industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the Whey Protein market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Type

Isolates (WPI)
Concentrates (WPC)
Hydrolysates (WPH)

By Application

Sports Nutrition
Dietary Supplements
Infant Formula
Food Additives
Beverages
Feed

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Whey Protein market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Whey Protein market include Hilmar Cheese Company Inc., Saputo Inc., Glanbia Plc, Fonterra Co-Operative Group Ltd., Arla Foods, Alpavit, Wheyco GmbH, Milk Specialties, Carbery Group, LACTALIS Ingredients, Olam International, Davisco Foods International Inc., Milkaut SA, Leprino Foods Company, Maple Island Inc., Nestle S.A, Nutricia (Danone), Abbott, Sanofi S.A. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Product Code: VMR11214056

1. PREFACE

1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology

2. EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3. WHEY PROTEIN - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Type
- 3.7.2 Market Attractiveness Analysis By Application
- 3.7.3 Market Attractiveness Analysis By Region

4. VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend

5. GLOBAL WHEY PROTEIN MARKET ANALYSIS BY TYPE

5.1. Overview By Type
5.2. Historical and Forecast Data
5.3. Analysis By Type
5.4. Isolates (WPI) Historic and Forecast Sales By Regions
5.5. Concentrates (WPC) Historic and Forecast Sales By Regions
5.6. Hydrolysates (WPH) Historic and Forecast Sales By Regions

6. GLOBAL WHEY PROTEIN MARKET ANALYSIS BY APPLICATION

6.1. Overview By Application
6.2. Historical and Forecast Data
6.3. Analysis By Application
6.4. Sports Nutrition Historic and Forecast Sales By Regions
6.5. Dietary Supplements Historic and Forecast Sales By Regions
6.6. Infant Formula Historic and Forecast Sales By Regions
6.7. Food Additives Historic and Forecast Sales By Regions
6.8. Beverages Historic and Forecast Sales By Regions
6.9. Feed Historic and Forecast Sales By Regions

7. GLOBAL WHEY PROTEIN MARKET ANALYSIS BY GEOGRAPHY

7.1. Regional Outlook
7.2. Introduction
7.3. North America Sales Analysis
- 7.3.1 Overview, Historic and Forecast Data Sales Analysis
- 7.3.2 North America By Segment Sales Analysis
- 7.3.3 North America By Country Sales Analysis
- 7.3.4 United States Sales Analysis
- 7.3.5 Canada Sales Analysis
- 7.3.6 Mexico Sales Analysis
7.4. Europe Sales Analysis
- 7.4.1 Overview, Historic and Forecast Data Sales Analysis
- 7.4.2 Europe By Segment Sales Analysis
- 7.4.3 Europe By Country Sales Analysis
- 7.4.4 United Kingdom Sales Analysis
- 7.4.5 France Sales Analysis
- 7.4.6 Germany Sales Analysis
- 7.4.7 Italy Sales Analysis
- 7.4.8 Russia Sales Analysis
- 7.4.9 Rest Of Europe Sales Analysis
7.5. Asia Pacific Sales Analysis
- 7.5.1 Overview, Historic and Forecast Data Sales Analysis
- 7.5.2 Asia Pacific By Segment Sales Analysis
- 7.5.3 Asia Pacific By Country Sales Analysis
- 7.5.4 China Sales Analysis
- 7.5.5 India Sales Analysis
- 7.5.6 Japan Sales Analysis
- 7.5.7 South Korea Sales Analysis
- 7.5.8 Australia Sales Analysis
- 7.5.9 South East Asia Sales Analysis
- 7.5.10 Rest Of Asia Pacific Sales Analysis
7.6. Latin America Sales Analysis
- 7.6.1 Overview, Historic and Forecast Data Sales Analysis
- 7.6.2 Latin America By Segment Sales Analysis
- 7.6.3 Latin America By Country Sales Analysis
- 7.6.4 Brazil Sales Analysis
- 7.6.5 Argentina Sales Analysis
- 7.6.6 Peru Sales Analysis
- 7.6.7 Chile Sales Analysis
- 7.6.8 Rest of Latin America Sales Analysis
7.7. Middle East & Africa Sales Analysis
- 7.7.1 Overview, Historic and Forecast Data Sales Analysis
- 7.7.2 Middle East & Africa By Segment Sales Analysis
- 7.7.3 Middle East & Africa By Country Sales Analysis
- 7.7.4 Saudi Arabia Sales Analysis
- 7.7.5 UAE Sales Analysis
- 7.7.6 Israel Sales Analysis
- 7.7.7 South Africa Sales Analysis
- 7.7.8 Rest Of Middle East And Africa Sales Analysis

8. COMPETITIVE LANDSCAPE OF THE WHEY PROTEIN COMPANIES

8.1. Whey Protein Market Competition
8.2. Partnership/Collaboration/Agreement
8.3. Merger And Acquisitions
8.4. New Product Launch
8.5. Other Developments

9. COMPANY PROFILES OF WHEY PROTEIN INDUSTRY

9.1. Top Companies Market Share Analysis
9.2. Market Concentration Rate
9.3. Hilmar Cheese Company Inc.
- 9.3.1 Company Overview
- 9.3.2 Company Revenue
- 9.3.3 Products
- 9.3.4 Recent Developments
9.4. Saputo Inc.
- 9.4.1 Company Overview
- 9.4.2 Company Revenue
- 9.4.3 Products
- 9.4.4 Recent Developments
9.5. Glanbia Plc
- 9.5.1 Company Overview
- 9.5.2 Company Revenue
- 9.5.3 Products
- 9.5.4 Recent Developments
9.6. Fonterra Co-Operative Group Ltd.
- 9.6.1 Company Overview
- 9.6.2 Company Revenue
- 9.6.3 Products
- 9.6.4 Recent Developments
9.7. Arla Foods
- 9.7.1 Company Overview
- 9.7.2 Company Revenue
- 9.7.3 Products
- 9.7.4 Recent Developments
9.8. Alpavit
- 9.8.1 Company Overview
- 9.8.2 Company Revenue
- 9.8.3 Products
- 9.8.4 Recent Developments
9.9. Wheyco GmbH
- 9.9.1 Company Overview
- 9.9.2 Company Revenue
- 9.9.3 Products
- 9.9.4 Recent Developments
9.10. Milk Specialties
- 9.10.1 Company Overview
- 9.10.2 Company Revenue
- 9.10.3 Products
- 9.10.4 Recent Developments
9.11. Carbery Group
- 9.11.1 Company Overview
- 9.11.2 Company Revenue
- 9.11.3 Products
- 9.11.4 Recent Developments
9.12. LACTALIS Ingredients
- 9.12.1 Company Overview
- 9.12.2 Company Revenue
- 9.12.3 Products
- 9.12.4 Recent Developments
9.13. Olam International
- 9.13.1 Company Overview
- 9.13.2 Company Revenue
- 9.13.3 Products
- 9.13.4 Recent Developments
9.14. Davisco Foods International Inc.
- 9.14.1 Company Overview
- 9.14.2 Company Revenue
- 9.14.3 Products
- 9.14.4 Recent Developments
9.15. Milkaut SA
- 9.15.1 Company Overview
- 9.15.2 Company Revenue
- 9.15.3 Products
- 9.15.4 Recent Developments
9.16. Leprino Foods Company
- 9.16.1 Company Overview
- 9.16.2 Company Revenue
- 9.16.3 Products
- 9.16.4 Recent Developments
9.17. Maple Island Inc.
- 9.17.1 Company Overview
- 9.17.2 Company Revenue
- 9.17.3 Products
- 9.17.4 Recent Developments
9.18. Nestle S.A
- 9.18.1 Company Overview
- 9.18.2 Company Revenue
- 9.18.3 Products
- 9.18.4 Recent Developments
9.19. Nutricia (Danone)
- 9.19.1 Company Overview
- 9.19.2 Company Revenue
- 9.19.3 Products
- 9.19.4 Recent Developments
9.20. Abbott
- 9.20.1 Company Overview
- 9.20.2 Company Revenue
- 9.20.3 Products
- 9.20.4 Recent Developments
9.21. Sanofi S.A
- 9.21.1 Company Overview
- 9.21.2 Company Revenue
- 9.21.3 Products
- 9.21.4 Recent Developments

Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies