ID: MRFR/F-B & N/3686-HCR | February 2021 | Region: Global | 110 Pages
Table of Content
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.1.1 Initial Data Exploration
1.1.2 Statistical Modelling and Forecast
1.1.3 Industry Insights and Validation
1.2. Data Sources
Chapter 2. Executive Summary
2.1. Whey Protein Ingredients Industry Market Synopsis, 2020-2027
2.1.1 Business Trends
2.1.2 Product Type Trends
2.1.3 Product Application Trends
Chapter 3 Whey Protein Ingredients Market Insights
3.1 Industry Segmentation
3.2 Industry Size and Forecast
3.3 Industry Ecosystem Analysis
3.4 Industry Impact forces
3.4.1 Growth Drivers
3.4.1.1 Increasing demand of sport nutrition supplement products
3.4.1.2 Increasing demand for whey protein ingredients in functional food
3.4.1.3 Rising health awareness among the population
3.4.2 Industry Pitfalls & Challenges
3.4.2.1 Non-defined regulatory framework
3.4.2.2 High processing cost involved in whey protein ingredients synthesis
3.5 Growth Potential Analysis
3.6 Company Market Share Analysis, 2020
3.7 Porter’s Analysis
3.8 PESTEL Analysis
Chapter 4 Whey Protein Ingredients Market by Type Insights
4.1 Global Whey Protein Ingredients Market Volume Share by Type, 2020-2027
4.1.1 Whey Protein Isolate
4.1.1.1 Market Estimates & Forecast, 2020-2027
4.1.2 Whey Protein Concentrate
4.1.2.1 Market Estimates & Forecast, 2020-2027
4.1.3 Hydrolyzed Whey Protein
4.1.3.1 Market Estimates & Forecast, 2020-2027
4.1.4 Demineralized Whey Protein
4.1.4.1 Market Estimates & Forecast, 2020-2027
4.1.5 Others
4.1.5.1 Market Estimates & Forecast, 2020-2027
Chapter 5 Whey Protein Ingredients Market by Application Insights
5.1 Global Whey Protein Ingredients Market Volume Share by Application, 2020 & 2027
5.1.1 Dairy and Frozen Desserts
5.1.1.1 Market Estimates & Forecast, 2020– 2027
5.1.1.2 Market Estimates & Forecast by Region, 2020- 2027
5.1.2 Bakery and Confectionery
5.1.2.1 Market Estimates & Forecast, 2020 – 2027
5.1.2.2 Market Estimates & Forecast by Region, 2020 – 2027
5.1.3 Snacks
5.1.3.1 Market Estimates & Forecast, 2020 – 2027
5.1.3.2 Market Estimates & Forecast by Region, 2020 – 2027
5.1.4 Beverages
5.1.4.1 Market Estimates & Forecast, 2020 – 2027
5.1.4.2 Market Estimates & Forecast by Region, 2020 – 2027
5.1.5 Sports Nutrition
5.1.5.1 Market Estimates & Forecast, 2020 – 2027
5.1.5.2 Market Estimates & Forecast by Region, 2020 – 2027
5.1.6 Meat Products
5.1.6.1 Market Estimates & Forecast, 2020 – 2027
5.1.6.2 Market Estimates & Forecast by Region, 2020 – 2027
5.1.7 Others
5.1.7.1 Market Estimates & Forecast, 2020 – 2027
5.1.7.2 Market Estimates & Forecast by Region, 2020 – 2027
Chapter 6 Whey Protein Ingredients Market Regional Insights
6.1 Whey Protein Ingredients Market Volume Share by Region, 2020 & 2027.
6.2 North America
6.2. A Market Estimates & Forecast, 2020-2027
6.2. B Market Estimates & Forecast, by Type, 2020-2027
6.2. C Market Estimates & Forecast, by Application, 2020-2027
6.2.1 U.S.
6.2.1.1 Market Estimates & Forecast, 2020-2027
6.2.1.2 Market Estimates & Forecast, by Type, 2020-2027
6.2.1.3 Market Estimates & Forecast, by Application, 2020-2027
6.2.2 Canada
6.2.2.1 Market Estimates & Forecast, 2020-2027
6.2.2.2 Market Estimates & Forecast, by Type, 2020-2027
6.2.2.3 Market Estimates & Forecast, by Application, 2020-2027
6.2.3 Mexico
6.2.3.1 Market Estimates & Forecast, 2020-2027
6.2.3.2 Market Estimates & Forecast, by Type, 2020-2027
6.2.3.3 Market Estimates & Forecast, by Application, 2020-2027
6.3 Europe
6.3. A Market Estimates & Forecast, 2020-2027
6.3. B Market Estimates & Forecast, by Type, 2020-2027
6.3. C Market Estimates & Forecast, by Application, 2020-2027
6.3.1 Germany
6.3.1.1 Market Estimates & Forecast, 2020-2027
6.3.1.2 Market Estimates & Forecast, by Type, 2020-2027
6.3.1.3 Market Estimates & Forecast, by Application, 2020-2027
6.3.2 U.K
6.3.2.1 Market Estimates & Forecast, 2020-2027
6.3.2.2 Market Estimates & Forecast, by Type, 2020-2027
6.3.2.3 Market Estimates & Forecast, by Application, 2020-2027
6.3.3 France
6.3.3.1 Market Estimates & Forecast, 2020-2027
6.3.3.2 Market Estimates & Forecast, by Type, 2020-2027
6.3.3.3 Market Estimates & Forecast, by Application, 2020-2027
6.3.4 Italy
6.3.4.1 Market Estimates & Forecast, 2020-2027
6.3.4.2 Market Estimates & Forecast, by Type, 2020-2027
6.3.4.3 Market Estimates & Forecast, by Application, 2020-2027
6.4 Asia Pacific
6.4. A Market Estimates & Forecast, 2020-2027
6.4. B Market Estimates & Forecast, by Type, 2020-2027
6.4. C Market Estimates & Forecast, by Application, 2020-2027
6.4.1 China
6.4.1.1 Market Estimates & Forecast, 2020-2027
6.4.1.2 Market Estimates & Forecast, by Type, 2020-2027
6.4.1.3 Market Estimates & Forecast, by Application, 2020-2027
6.4.2 India
6.4.2.1 Market Estimates & Forecast, 2020-2027
6.4.2.2 Market Estimates & Forecast, by Type, 2020-2027
6.4.2.3 Market Estimates & Forecast, by Application, 2020-2027
6.4.3 Japan
6.4.3.1 Market Estimates & Forecast, 2020-2027
6.4.3.2 Market Estimates & Forecast, by Type, 2020-2027
6.4.3.3 Market Estimates & Forecast, by Application, 2020-2027
6.5 RoW
6.5.1 Market Estimates & Forecast, 2020-2027
6.5.2 Market Estimates & Forecast, by Type, 2020-2027
6.5.3 Market Estimates & Forecast, by Application, 2020-2027
Chapter 7 Competitor Profile
7.1 Archer Daniels Midland Company (U.S.)
7.1.1 Business Overview
7.1.2 Financial Data
7.1.3 Product Landscape
7.1.4 Key Developments
7.1.5 Business Strategy
7.1.6 SWOT Analysis
7.2 Omega Protein Corporation (U.S.)
7.2.1 Business Overview
7.2.2 Financial Data
7.2.3 Product Landscape
7.2.4 Key Developments
7.2.5 Business Strategy
7.2.6 SWOT Analysis
7.3 Fonterra Co-operative Group Ltd. (New Zealand)
7.3.1 Business Overview
7.3.2 Financial Data
7.3.3 Product Landscape
7.3.4 Key Developments
7.3.5 Business Strategy
7.3.6 SWOT Analysis
7.4 Arla Foods amba (Denmark)
7.4.1 Business Overview
7.4.2 Financial Data
7.4.3 Product Landscape
7.4.4 Key Developments
7.4.5 Business Strategy
7.4.6 SWOT Analysis
7.5 Hilmar Cheese Company, Inc. (U.S.)
7.5.1 Business Overview
7.5.2 Financial Data
7.5.3 Product Landscape
7.5.4 Key Developments
7.5.5 Business Strategy
7.5.6 SWOT Analysis
7.6 Associated British Foods plc (U.K)
7.6.1 Business Overview
7.6.2 Financial Data
7.6.3 Product Landscape
7.6.4 Key Developments
7.6.5 Business Strategy
7.6.6 SWOT Analysis
7.7 Wacker Chemie AG (Germany)
7.7.1 Business Overview
7.7.2 Financial Data
7.7.3 Product Landscape
7.7.4 Key Developments
7.7.5 Business Strategy
7.7.6 SWOT Analysis
7.8 Cargill Inc. (U.S.)
7.8.1 Business Overview
7.8.2 Financial Data
7.8.3 Product Landscape
7.8.4 Key Developments
7.8.5 Business Strategy
7.8.6 SWOT Analysis
7.9 Carbery Food Ingredients Ltd. (Ireland)
7.9.1 Business Overview
7.9.2 Financial Data
7.9.3 Product Landscape
7.9.4 Key Developments
7.9.5 Business Strategy
7.9.6 SWOT Analysis
7.10 Davisco Foods International, Inc. (U.S.)
7.10.1 Business Overview
7.10.2 Financial Data
7.10.3 Product Landscape
7.10.4 Key Developments
7.10.5 Business Strategy
7.10.6 SWOT Analysis
Data Tables
TABLE 1 PESTLE ANALYSIS – U.S.
TABLE 2 PESTLE ANALYSIS- CANADA
TABLE 3 PESTLE ANALYSIS- CHINA
TABLE 4 PESTLE ANALYSIS- FRANCE
TABLE 5 PESTLE ANALYSIS- U.K.
TABLE 6 KEY SUPPLIERS OF WHEY PROTEIN INGREDIENTS
TABLE 7 GLOBAL MARKET FOR WHEY PROTEIN INGREDIENTS, BY TYPE, (2020-2027), USD MILLION
TABLE 8 GLOBAL MARKET FOR WHEY PROTEIN INGREDIENTS, BY APPLICATION, (2020-2027), USD MILLION
TABLE 9 GLOBAL WHEY PROTEIN INGREDIENTS SALES AND GROWTH RATE (2020-2027) USD MILLION
TABLE 10 GLOBAL MARKET FOR WHEY PROTEIN INGREDIENTS TOP 5 COUNTRIES
TABLE 11 GLOBAL MARKET FOR WHEY PROTEIN INGREDIENTS TOP COMPANIES-USD MILLION
TABLE 12 NORTH AMERICAN MARKET FOR WHEY PROTEIN INGREDIENTS, BY TYPE, (2020-2027) USD MILLION
TABLE 13 NORTH AMERICAN MARKET FOR WHEY PROTEIN INGREDIENTS, BY APPLICATION, (2020-2027), USD MILLION
TABLE 14 EUROPEAN MARKET FOR WHEY PROTEIN INGREDIENTS, BY TYPE, (2020-2027) USD MILLION
TABLE 15 EUROPEAN MARKET FOR WHEY PROTEIN INGREDIENTS, BY APPLICATION, (2020-2027), USD MILLION
TABLE 16 APAC MARKET FOR WHEY PROTEIN INGREDIENTS, BY TYPE, (2020-2027) USD MILLION
TABLE 17 APAC MARKET FOR WHEY PROTEIN INGREDIENTS, BY APPLICATION, (2020-2027), USD MILLION
TABLE 18 REST OF THE WORLD MARKET FOR WHEY PROTEIN INGREDIENTS, BY TYPE, (2020-2027) USD MILLION
TABLE 19 REST OF THE WORLD MARKET FOR WHEY PROTEIN INGREDIENTS, BY APPLICATION, (2020-2027), USD MILLION
TABLE 20 COMPETITIVE LANDSCAPING BASED ON FINACIALS DURING THE YEAR 2020 
Charts & Figures
LIST OF FIGURES
FIGURE 1 RESEARCH METHODOLOGY
FIGURE 2 PRIMARY DATA ANALYSIS APPROACH
FIGURE 3 SECONDARY DATA ANALYSIS APPROACH
FIGURE 4 TRENDS IN WHEY PROTEIN INGREDIENTS IMPORTS 2020
FIGURE 5 GROWTH RATE IN WHEY PROTEIN INGREDIENTS IMPORTS 2020
FIGURE 6 WHEY PROTEIN INGREDIENTS IMPORTS MARKET SHARE BY TOP 5 IMPORTERS (2020)
FIGURE 7 TRENDS IN WHEY PROTEIN INGREDIENTS EXPORTS 2020
FIGURE 8 GROWTH RATE WHEY PROTEIN INGREDIENTS EXPORTS 2020
FIGURE 9 WHEY PROTEIN INGREDIENTS EXPORTS MARKET SHARE BY TOP 5 EXPORTERS (2020)
FIGURE 10 VALUE CHAIN ANALYSIS
FIGURE 11 COST ANALYSIS: WHEY PROTEIN INGREDIENTS
FIGURE 12 PORTER’S FIVE FORCES ANALYSIS
FIGURE 13 GLOBAL MARKET FOR WHEY PROTEIN INGREDIENTS TRENDS BY TYPE
FIGURE 14 GLOBAL MARKET FOR WHEY PROTEIN INGREDIENTS TRENDS BY APPLICATION
FIGURE 1 FINANCIALS
$25.4 Billion
7.36%
North America
2020-2030
Whey protein is one of the most popular sources of protein, and it is used in various products. Whey protein is full of protein that is helpful for muscle growth and maintaining good health. It is consumed globally to improve the lipid profile glucose levels and insulin response that again promote arterial stiffness and blood pressure reduction.
Additionally, whey protein provides balanced nutrition for infants. It also reduces cholesterol levels among the elderly. The popularity of whey protein is rising among youngsters. Now, most people are highly concerted towards their health, and they are trying to fulfill the protein needs in their bodies with whey protein. Also, people who are building muscle require a high amount of protein, and they are dependent on whey protein, for that matter. These are some key factors that are driving the whey protein ingredients market growth.
Whey protein is produced during cheese production, and it is known to increase the performance of athletics and sportsman. People who are lactose intolerant take whey protein as an alternative to milk. Whey is one of the two proteins produced as a by-product of cheese making. The whey protein ingredients are available in the concentrates and isolates forms. The isolate form is superlative in protein content and has less card and fat percentage. There are various processes involved to decrease the number of carbs and fats in whey protein ingredients. Methods such as Nano-filtration, micro-filtration, and other powering methods are used to get the best quality of whey protein.
Covid-19 Analysis
Covid-19 pandemic happened due to the emergence of the coronavirus in 2019. Within months it spread across every corner of the world and became a major concern for the governments around the world. Due to the rapid spread of the virus, all the governments advised all the people to increase their immunity. As there was no medicines or vaccine at that time, improving immunity was the only way to fight the virus. Due to this, the people adopted healthy lifestyles and focused on consuming healthy products. Whey protein offers various health benefits, and it can make the overall health better, as a result, the demand for whey protein increases.
However, the governments imposed a lockdown that interrupted the products, services, and travel. Due to this, the production of whey protein was on a halt, and due to travel restrictions, the supply of raw materials and ingredients for whey protein got interrupted. It was one of the major reasons behind the reducing market value during the covid-19 period. Now the situation is coming to normalcy, and the whey protein ingredients market trends are increasing rapidly.
Market Dynamics
The various health benefits involved in whey protein are one of the major drivers in the whey protein ingredients market. Whey protein is packed with an amino acid that improves the performance of athletes. The amino acids are essential for building the blocks. Additionally, whey protein can increase muscle mass and strength when used as a supplement. Whey protein is used in the animal feed industry as well.
Improved mindfulness and growing pet culture of the pet parents offer better nutrition to their pets is boosting the whey protein ingredients market growth. Furthermore, the rapidly growing geriatric population and need for clinical nutrition are increasing health complications, and the doctors are advising to maintain proper nutrition and diet to overcome the deficiency and also improve the physical activity and efficiency. According to the World Health Organization (WHO), more than 700 million people are aged 65 in the world, and the number is expected to double by 2050. Due to this, the demand for whey protein is increasing, and it is propelling the whey protein ingredients market trends.
The demand for whey protein ingredients has increased in the personal care industries as well, owing to its characteristics such as mass gain, increased strength, improved immunity, and fat loss. Factors like potential health benefits of dairy ingredients and high demand for milk-based ingredients, and hair care cosmetics will drive the whey protein ingredients market as well.
Now the food & beverages companies are using whey protein in their products to make them healthier and to attract customers. Whey protein can be found in drinks, biscuits, and protein bars as well, which will generate opportunities for the market. The increasing health awareness and demand for high protein-containing products is expected to bring opportunities to the whey protein ingredients market. Application of protein in the infant food formula and higher investment by the companies involving whey ingredients will propel the demand of the market.
Just like other markets, the whey protein ingredients market also faces many challenges. One of the major challenges is the cost of the whey protein ingredients. Due to the high cost of these ingredients, the products made from them are also costly. That’s why the people from underdeveloped regions can’t afford it.
One of the major restraints in the market is the availability of alternatives to whey proteins. Plant protein has gained massive popularity in recent years, and the customer base is shifting towards it, which is hampering the whey protein ingredients market. Apart from it, strict governments rules and regulations also hinder market growth.
Market Segmentation
The whey protein ingredients market is segmented on the basis of application, type, and region.
Regional Analysis
The major regions of the whey protein ingredients market are North America, Asia Pacific, Europe, and the rest of the world. The North American region holds the highest share in the market and dominates the market, followed by Europe owing to the increasing demand for nutritive protein-based food products among the developed countries such as Canada, Germany, the US, and the UK. Additionally, the presence of active key players in the Asia Pacific region and large population is boosting the market in this region. Now the food manufacturers are also using whey protein in preparing healthy foods & beverages that will boost the demand for whey protein ingredients which will boost the whey protein ingredients market around the world.
Market Key Players
The major key players of the whey protein ingredients market are
Among these key players, Omega Protein Corporation (US) is contributing highly to the market.
Recent Developments
Report Overview
This report highlights the whey protein ingredients market outlook and offers a qualitative and quantitative analysis of the whey protein ingredients market. This report covers the market dynamics as well, such as the drivers of the market, opportunities, challenges, and restraints. Furthermore, it also adds the market segmentation, regional analysis, market key players, and recent developments.
Segmental Table
By Application
By Type
By Region
Frequently Asked Questions (FAQ) :
North America is expected to dominate the whey protein ingredients market.
Sports nutrition will dominate the whey protein ingredients market.
Increasing health awareness and increasing use in infant food formula are the key factors driving the whey protein ingredients market growth.
Demand for plant protein ingredients may limit the whey protein ingredients market growth.
Hydrolyzed whey protein will lead the whey protein ingredients market growth.