Whey Protein Ingredients Market Growth, Revenue, Size, Scope and Future Opportunities 2032

Whey Protein Ingredients Market Growth- By Nature, By Type, By Application, By Product - Regional Outlook, Competitive Strategies and Segment Forecasts to 2032

Whey Protein Ingredients Market Growth- By Nature, By Type, By Application, By Product - Regional Outlook, Competitive Strategies and Segment Forecasts to 2032

Published: Dec 2022 Report ID: FOOD2233 Pages: 1 - 233 Formats*:     
Category : Food & Beverages
Global Whey Protein Ingredients Market Overview:

According to SPER Market Research, the Whey Protein Ingredients Market is estimated to reach USD 15.98 billion by 2032 with a CAGR of 10.5%. 

Whey protein components are globular proteins that have been separated from the whey, the liquid substance produced as a byproduct of making cheese. Compared to soy, egg, and other milk-based proteins, these components have a higher protein concentration, which is why consumers prefer them. Whey proteins are used as dietary supplements all over the world because they have several health benefits. For instance, whey protein is frequently used to enhance insulin sensitivity, glucose tolerance, and lipid profiles, which in turn promote arterial stiffness and lower blood pressure. To give the infants a balanced diet, the denatured powder is also used to control the concentration of whey protein. These components also lower hepatic cholesterol levels in older people. One of the main reasons driving the growth of the whey protein ingredients market is the rising popularity of whey supplements among children and the advent of pediatric milk formulas based on whey protein. Due to its benefits for weight reduction, enhanced strength, better immunity, and mass gain, whey protein concentrates are in higher demand, particularly in the personal care sector. The market for whey protein ingredients is driven by elements including the possible health advantages of dairy nutritional and nutraceutical substances, the high demand for milk-based ingredients in skin and hair care cosmetics, and the simple accessibility of caseins and casein. The demand for nutraceutical components from the food processing industry is also rising significantly, which presents a potential opportunity for the expansion of the market for whey protein ingredients globally. To gain more muscle, bodybuilders frequently take concentrated whey protein. Seniors who have low appetites may drink protein drinks to guarantee proper nourishment. Due to the increasing expansion of the global economy and disposable incomes, the whey protein components market presents a variety of possibilities to market participants. The need for dairy ingredients, the rise in the number of working women, the usage of whey protein components as part of the wellness trend, and the population's increased awareness of health issues are some key factors supporting the market's expansion. Additionally, it's anticipated that whey protein isolates will be quickly adopted in applications for packaging, frozen foods (processed meat), bakery & confectionery (bakery muffins), sports nutrition (protein shakes), and bakery & confectionery. However, unclear regulatory requirements, changing milk prices, and problems related to a rise in the number of animal illnesses are some of the significant factors that are predicted to restrain market growth over the forecast period. The need for hydrolyzed whey proteins as nutritional supplements among infant formulae, sports nutrition products, and medical nutrition is anticipated to expand, particularly in North America and Europe. Additionally, the usage of whey protein components has increased due to rising per capita disposable incomes in emerging nations like China, India, and Korea, which has resulted in an unprecedented rise in demand for the ingredients internationally. Additionally, a rise in demand for components found in meat, poultry, and fish due to their ability to bind water further fuels the market's expansion.

Impact of COVID-19 on the Global Whey Protein Ingredients Market  
Consumer demand for protein-rich foods remained steady. The new coronavirus epidemic has, nevertheless, had a favourable impact on the market's expansion. The consumer knowledge of the need of developing a healthy immune system might be ascribed to the market expansion of whey protein components. More than four out of five consumers agree that the coronavirus epidemic has impacted their eating habits, causing them to prepare, eat, purchase, and think about food differently, according to the International Food Information Council's annual Food & Health Survey. During the pandemic, all of these reasons significantly raised the sales of protein-based goods, and they are all predicted to continue doing so during the forecast period.




Scope of the Report:
 Report Metric Details
 Market size available for years 2019-2032
 Base year considered 2021
 Forecast period 2022-2032
 Segments coveredBy Nature, By Type, By Application, By Product
 Regions coveredNorth America, Europe, Asia Pacific, Latin America, Middle East and Africa
 Companies CoveredArcher Daniels Midland Company, Arla Foods, Burcon NutraScience, Carberry Food Ingredients, Cargill Incorporation, CHS Inc., Dairy Farmers of America, Davisco Food International, DuPont, Fonterra Co-Operative Group Ltd., Glanbia plc, Hilmar Cheese Company, Kewpie Corporation, Maple Island Incorporation , Mead Johnson & Company, LLC, Roquette Frères, Rousselot, Tessenderlo Group, The Scoular Company.
Global Whey Protein Ingredients Market Segmentation:

By Nature: Based on the Nature, Global Whey Protein Ingredients Market is segmented as; Organic and Conventional.

By Type: Based on the Type, Global Whey Protein Ingredients Market is segmented as; Whey Protein Concentrate (WPC 80 and WPC 35), Whey Protein Isolate, Hydrolyzed Whey Protein, Demineralized Whey Protein. 

By Application: Based on the Application, Global Whey Protein Ingredients Market is segmented as; Food & Beverages (Bakery & Confectionery, Beverages, Breakfast Cereals, Dairy Alternatives, Dietary Supplements/Weight Management, Meat Alternatives & Extenders, Snacks, Sports Nutrition, Others) Infant Formulations, Clinical Nutrition, Animal Feed, Others.

By Product: 
Based on the Product, Global Whey Protein Ingredients Market is segmented as; Plant Proteins (Cereal-based, Legumes-based, Root-based, Nuts & Seeds-based, Ancient Grains), Animal/Dairy Proteins (Egg Protein, Milk Protein Concentrates/Isolates, Whey Protein Concentrates, Whey Protein Hydrolysates, Whey Protein Isolates, Gelatin, Casein/Caseinates, Collagen Peptides), Microbe-based Proteins (Algae, Bacteria, Yeast, Fungi), Insect Proteins (Coleoptera, Lepidoptera, Hymenoptera, Orthoptera, Hemiptera, Diptera, Others).

By Region: With about two-fifths of the market, North America held the biggest revenue share in the previous year and is expected to maintain its position of dominance going forward. Additionally, it is anticipated that Asia-Pacific would see the fastest growth rate during the projection period.
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation

3. Executive Summary

4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges 
4.2. COVID-19 Impacts of the Global Whey Protein Ingredients Market 

5. Market variables and outlook
5.1. SWOT analysis 
5.1.1 Strengths 
5.1.2 Weaknesses 
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis 
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape 
5.2.4 Technological landscape 
5.2.5 Environmental landscape 
5.2.6 Legal landscape 
5.3. PORTER’S five forces analysis 
5.3.1 Bargaining power of suppliers 
5.3.2 Bargaining power of Buyers 
5.3.3 Threat of Substitute 
5.3.4 Threat of new entrant 
5.3.5 Competitive rivalry
5.4. Heat map analysis

6. Global Whey Protein Ingredients Market, By Nature, 2019-2032 (USD Million)
6.1 Organic
6.2 Conventional

7. Global Whey Protein Ingredients Market, By Type, 2019-2032 (USD Million)
7.1 Whey Protein Concentrate (WPC)
7.1.1 WPC 80
7.1.2 WPC 35
7.2 Whey Protein Isolate (WPI)
7.3 Hydrolyzed Whey Protein (HWP)
7.4 Demineralized Whey Protein (DWP)

8. Global Whey Protein Ingredients Market, By Application, 2019-2032 (USD Million)
8.1 Food & Beverages
8.1.1 Bakery & Confectionery
8.1.2 Beverages
8.1.3 Breakfast Cereals
8.1.4 Dairy Alternatives
8.1.5 Dietary Supplements/Weight Management
8.1.6 Meat Alternatives & Extenders
8.1.7 Snacks
8.1.8 Sports Nutrition
8.1.9 Others
8.2 Infant Formulations
8.3 Clinical Nutrition
8.4 Animal Feed
8.5 Others
 
9. Global Whey Protein Ingredients Market, By Product, 2019-2032 (USD Million)
9.1 Plant Proteins
9.1.1 Cereal-based
9.1.2 Legumes-based
9.1.3 Root-based
9.1.4 Nuts & Seeds-based
9.1.5 Ancient Grains
9.2 Animal/Dairy Proteins
9.2.1 Egg Protein
9.2.2 Milk Protein Concentrates/Isolates
9.2.3 Whey Protein Concentrates
9.2.4 Whey Protein Hydrolysates
9.2.5 Whey Protein Isolates
9.2.6 Gelatin
9.2.7 Casein/Caseinates
9.2.8 Collagen Peptides
9.3 Microbe-based Proteins
9.3.1 Algae
9.3.2 Bacteria
9.3.3 Yeast
9.3.4 Fungi
9.4 Insect Proteins
9.4.1 Coleoptera
9.4.2 Lepidoptera
9.4.3 Hymenoptera
9.4.4 Orthoptera
9.4.5 Hemiptera
9.4.6 Diptera
9.4.7 Others

10. Global Whey Protein Ingredients Market, By Region, 2019-2032 (USD Million)
10.1 North America
10.1.1. United States
10.1.2. Canada
10.1.3. Mexico
10.2 Europe
10.2.1. Germany
10.2.2. United Kingdom
10.2.3. France
10.2.4. Italy
10.2.5. Spain
10.2.6. Rest of Europe
10.3 Asia-Pacific
10.3.1. China
10.3.2. Japan
10.3.3. India
10.3.4. Australia
10.3.5. South Korea
10.3.6. Rest of Asia-Pacific
10.4 South America
10.4.1. Brazil
10.4.2. Argentina
10.4.3. Rest of South America
10.5 Middle East & Africa
10.5.1. Kingdom of Saudi Arabia 
10.5.2. United Arab Emirates
10.5.3. Rest of Middle East & Africa

11.  Company Profiles
11.1 Archer Daniels Midland Company
11.1.1. Company details 
11.1.2. Financial outlook
11.1.3. Product summary 
11.1.4. Recent developments

11.2 Arla Foods
11.2.1. Company details 
11.2.2. Financial outlook
11.2.3. Product summary 
11.2.4. Recent developments

11.3 Burcon NutraScience
11.3.1. Company details 
11.3.2. Financial outlook
11.3.3. Product summary 
11.3.4. Recent developments

11.4 Carberry Food Ingredients
11.4.1. Company details 
11.4.2. Financial outlook
11.4.3. Product summary 
11.4.4. Recent developments

11.5 Cargill Incorporation
11.5.1. Company details 
11.5.2. Financial outlook
11.5.3. Product summary 
11.5.4. Recent developments

11.6 CHS Inc.
11.6.1. Company details 
11.6.2. Financial outlook
11.6.3. Product summary 
11.6.4. Recent developments

11.7 Dairy Farmers of America
11.7.1. Company details 
11.7.2. Financial outlook
11.7.3. Product summary 
11.7.4. Recent developments

11.8 Davisco Food International
11.8.1. Company details 
11.8.2. Financial outlook
11.8.3. Product summary 
11.8.4. Recent developments

11.9 DuPont
11.9.1. Company details 
11.9.2. Financial outlook
11.9.3. Product summary 
11.9.4. Recent developments

11.10 Fonterra Co-Operative Group Ltd.
11.10.1. Company details 
11.10.2. Financial outlook
11.10.3. Product summary 
11.10.4. Recent developments

11.11 Glanbia plc
11.11.1. Company details 
11.11.2. Financial outlook
11.11.3. Product summary 
11.11.4. Recent developments

11.12 Hilmar Cheese Company
11.12.1. Company details 
11.12.2. Financial outlook
11.12.3. Product summary 
11.12.4. Recent developments
11.13 Kewpie Corporation
11.13.1. Company details 
11.13.2. Financial outlook
11.13.3. Product summary 
11.13.4. Recent developments

11.14 Maple Island Incorporation
11.14.1. Company details 
11.14.2. Financial outlook
11.14.3. Product summary 
11.14.4. Recent developments

11.15 Mead Johnson & Company, LLC
11.15.1. Company details 
11.15.2. Financial outlook
11.15.3. Product summary 
11.15.4. Recent developments

11.16 Roquette Frères
11.16.1. Company details 
11.16.2. Financial outlook
11.16.3. Product summary 
11.16.4. Recent developments

11.17 Rousselot
11.17.1. Company details 
11.17.2. Financial outlook
11.17.3. Product summary 
11.17.4. Recent developments

11.18 Tessenderlo Group
11.18.1. Company details 
11.18.2. Financial outlook
11.18.3. Product summary 
11.18.4. Recent developments

11.19 The Scoular Company
11.19.1. Company details 
11.19.2. Financial outlook
11.19.3. Product summary 
11.19.4. Recent developments

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings.  The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

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SPER-Methodology-2

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Frequently Asked Questions About This Report
The Whey Protein Ingredients Market is projected to reach USD 15.98 billion by 2032, growing at a CAGR of 10.5% during the forecast period.
The Whey Protein Ingredients Market grew in market size from 2021. The Market is expected to reach USD 15.98 billion by 2032, at a CAGR of 10.5% during the forecast period.
The Whey Protein Ingredients Market CAGR of 10.5% during the forecast period.
The Whey Protein Ingredients Market size is USD 15.98 billion from 2022 to 2032.
The Whey Protein Ingredients Market segment is Covered By Nature, By Type, By Application, By Product.
The North America and Europe region is anticipated to have the highest market share in the Whey Protein Ingredients Market.
The key players in the market include Companies Covered Archer Daniels Midland Company, Arla Foods, Burcon NutraScience, Carberry Food Ingredients, Cargill Incorporation, CHS Inc., Dairy Farmers of America, Davisco Food International, DuPont, Fonterra Co-Operative Group Ltd., Glanbia plc, Hilmar Cheese Company, Kewpie Corporation, Maple Island Incorporation , Mead Johnson & Company, LLC, Roquette Frères, Rousselot, Tessenderlo Group, The Scoular Company.
The market for whey protein ingredients is driven by elements including the possible health advantages of dairy nutritional and nutraceutical substances, the high demand for milk-based ingredients in skin and hair care cosmetics, and the simple accessibility of caseins and casein. The demand for nutraceutical components from the food processing industry is also rising significantly, which presents a potential opportunity for the expansion of the market for whey protein ingredients globally.
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