Whey Protein Ingredients Market Growth, Revenue, Size, Scope and Future Opportunities 2033: SPER Market Research

Q: The Whey Protein Ingredients Market CAGR of 7.73% during the forecast period.

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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 Global Whey Protein Ingredients Market is estimated to reach USD 31.63 billion by 2033 with a CAGR of 7.73%.

Whey protein components refer to globular proteins that have been extracted from whey, which is a liquid leftover from the production of cheese. These components have a higher protein concentration than soy, egg, and other milk-based proteins, which is why customers prefer them. Whey proteins are widely utilized as dietary supplements around the world due to their numerous health benefits. Whey protein, for example, is commonly used to improve insulin sensitivity, glucose tolerance, and lipid profiles, which reduce arterial stiffness and lower blood pressure. The denatured powder is also used to adjust the concentration of whey protein in order to provide a balanced diet for the new born. These components also reduce hepatic cholesterol levels in the elderly.

Exploring the Growth Drivers of the Global Whey Protein Ingredients Industry.

The global whey protein ingredients industry is being driven by numerous factors, including rising demand for sports nutrition products. The increased popularity of sports and fitness activities has resulted in an increase in demand for whey protein-containing sports nutrition products. Consumers are becoming more health-conscious, and they are looking for nutritionally beneficial food and beverage goods. Whey protein is a prominent ingredient in health and wellness products due to its high protein content, low fat content, and potential to aid in muscle growth and weight management. Whey protein is an important component of infant formula, which is in high demand due to the world's growing population, rising disposable income, and greater awareness of the need of early childhood nutrition. Whey protein hydrolysates and isolates, which have a higher protein content and are easier to digest, have been developed as a result of advancements in whey processing technology.

What challenges does the Global Whey Protein Ingredients Market face?

The global whey protein ingredients market confronts a number of obstacles, including fluctuating raw material prices. Prices of raw materials required in whey protein manufacturing, such as milk and dairy products, can be unpredictable due to supply and demand variations. This has the potential to reduce the profitability of whey protein makers and suppliers. The manufacturing of whey protein necessitates specialized processing equipment and infrastructure, which might result in expensive production costs. This may increase the cost of whey protein components for both manufacturers and consumers. While whey protein is a popular and commonly utilized protein source, it is competing with soy, pea, and rice protein. Whey protein makers may experience increased competition as consumers become more aware of the availability of other protein sources.

In what ways has the COVID-19 pandemic affected Global Whey Protein Ingredients Market?

Protein-rich foods remained popular with consumers. Despite this, the new coronavirus outbreak has had a positive impact on market growth. The market expansion of whey protein components may be attributed to consumer awareness of the importance of developing a healthy immune system. According to the International Food Information Council's annual Food & Health Survey, more than four out of five consumers agree that the coronavirus outbreak has changed their eating patterns, prompting them to prepare, eat, purchase, and think about food differently. The combination of these factors resulted in an increase in sales of protein-based foods during the pandemic, and it is anticipated that this trend will persist throughout the projected period.

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Scope of the Report:

Report Metric	Details
Market size available for years	2019-2033
Base year considered	2022
Forecast period	2023-2033
Segments covered	By Nature, By Type, By Application, By Product
Regions covered	Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
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, Fontera Co-Operative Group Ltd., Glanbia plc, Hilmar Cheese Company, Kewpie Corporation, Maple Island Corporation, Mead Johnson & Company, LLC, Roquette Freres, Rousselot, Tessendro Group, The Scoular Company, Others

Key Target Audience

Food and Beverage Companies
Fitness Enthusiasts
Whey Protein Manufacturers and Suppliers

Global Whey Protein Ingredients Market Segmentation:

1. By Nature:

Global Whey Protein Ingredients Market Value Share and Forecast, By Nature, 2023-2033
Conventional
Organic

2. By Type:

Global Whey Protein Ingredients Market Value Share and Forecast, By Type, 2023-2033
Demineralized Whey Protein
Hydrolyzed Whey Protein
Whey Protein Concentrate
Whey Protein Isolate

3. By Application:

Global Whey Protein Ingredients Market Value Share and Forecast, By Application, 2023-2033
Animal Feed
Clinical Nutrition
Food and Beverages
Infant Formulations
Others

4. By Product:

Global Whey Protein Ingredients Market Value Share and Forecast, By Product, 2023-2033
Animal/Diary Proteins
Insect Proteins
Microbe-Based Proteins
Plant Proteins

5. By Region:

Asia-Pacific
Europe
Middle East & Africa
North America
Latin America

Key Topics Covered in the Report

Global Whey Protein Ingredients Market Size (FY’2023-FY’2033)
Overview of Global Whey Protein Ingredients Market
Segmentation of Global Whey Protein Ingredients Market By Nature (Conventional, Organic)
Segmentation of Global Whey Protein Ingredients Market By Type (Demineralized Whey Protein, Hydrolyzed Whey Protein, Whey Protein Concentrate, Whey Protein Isolate)
Segmentation of Global Whey Protein Ingredients Market By Application (Animal Feed, Clinical Nutrition, Food and Beverages, Infant Formulations, Others)
Segmentation of Global Whey Protein Ingredients Market By Product (Animal/Diary Proteins, Insect Proteins, Microbe-Based Proteins, Plant Proteins)
Statistical Snap of Global Whey Protein Ingredients Market
Growth Analysis of Global Whey Protein Ingredients Market
Problems and Challenges in Global Whey Protein Ingredients Market
Competitive Landscape in the Global Whey Protein Ingredients Market
Impact of COVID-19 and Demonetization on Global Whey Protein Ingredients Market
Details on Recent Investment in Global Whey Protein Ingredients Market
Competitive Analysis of Global Whey Protein Ingredients Market
Key Players in the Global Whey Protein Ingredients Market
SWOT Analysis of Global Whey Protein Ingredients Market
Global Whey Protein Ingredients Market Future Outlook and Projections (FY’2023-FY’2033)
Recommendations from Analyst

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 variable 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

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. Competitive Landscape

6.1. Global Whey Protein Ingredients Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Whey Protein Ingredients Market

7. Global Whey Protein Ingredients Market, By Nature (USD Million)

7.1. Global Whey Protein Ingredients Market Value Share and Forecast, By Nature, 2023-2033
7.2. Conventional
7.3. Organic

8. Global Whey Protein Ingredients Market, By Type (USD Million)

8.1. Global Whey Protein Ingredients Market Value Share and Forecast, By Type, 2023-2033
8.2. Demineralized Whey Protein
8.3. Hydrolyzed Whey Protein
8.4. Whey Protein Concentrate

8.4.1. WPC 80
8.4.2. WPC 35

8.5. Whey Protein Isolate

9. Global Whey Protein Ingredients Market, By Application (USD Million)

9.1. Global Whey Protein Ingredients Market Value Share and Forecast, By Application, 2023-2033
9.2. Animal Feed
9.3. Clinical Nutrition
9.4. Food and Beverages

9.4.1. Bakery & Confectionary
9.4.2. Beverages
9.4.3. Breakfast Cereals
9.4.4. Dairy Alternatives
9.4.5. Dietary Supplements/Weight Management
9.4.6. Meat Alternatives & Extenders
9.4.7. Snacks
9.4.8. Sports Nutrition
9.4.9. Others

9.5. Infant Formulations
9.6. Others

10. Global Whey Protein Ingredients Market, By Product (USD Million)

10.1. Global Whey Protein Ingredients Market Value Share and Forecast, By Product, 2023-2033
10.2. Animal/Diary Proteins

10.2.1. Casein/Caseinates
10.2.2. Collagen Peptides
10.2.3. Egg Protein
10.2.4. Gelatin
10.2.5. Milk Protein Concentrate/Isolates
10.2.6. Whey Protein Concentrates
10.2.7. Whey Protein Hydrolysates
10.2.8. Whey Protein Isolates

10.3. Insect Proteins

10.3.1. Coleoptera
10.3.2. Diptera
10.3.3. Hemiptera
10.3.4. Hymenoptera
10.3.5. Lepidoptera
10.3.6. Orthoptera
10.3.7. Others

10.4. Microbe-Based Proteins

10.4.1. Algae
10.4.2. Bacteria
10.4.3. Fungi
10.4.4. Yeast

10.5. Plant Proteins

10.5.1. Ancient Grains
10.5.2. Cereal-based
10.5.3. Legumes-based
10.5.4. Nuts & Seeds-based
10.5.5. Root-based

11. Global Whey Protein Ingredients Market Forecast, 2019-2033 (USD Million)

11.1. Global Whey Protein Ingredients Market Size and Market Share

12. Global Whey Protein Ingredients Market, By Nature, 2019-2033 (USD Million)

12.1. Global Whey Protein Ingredients Market Size and Market Share By Nature (2019-2026)
12.2. Global Whey Protein Ingredients Market Size and Market Share By Nature (2027-2033)

13. Global Whey Protein Ingredients Market, By Type, 2019-2033 (USD Million)

13.1. Global Whey Protein Ingredients Market Size and Market Share By Type (2019-2026)
13.2. Global Whey Protein Ingredients Market Size and Market Share By Type (2027-2033)

14. Global Whey Protein Ingredients Market, By Application, 2019-2033 (USD Million)

14.1. Global Whey Protein Ingredients Market Size and Market Share By Application (2019-2026)
14.2. Global Whey Protein Ingredients Market Size and Market Share By Application (2027-2033)

15. Global Whey Protein Ingredients Market, By Product, 2019-2033 (USD Million)

15.1. Global Whey Protein Ingredients Market Size and Market Share By Product (2019-2026)
15.2. Global Whey Protein Ingredients Market Size and Market Share By Product (2027-2033)

16. Global Whey Protein Ingredients Market, By Region, 2019-2033 (USD Million)

16.1. Global Whey Protein Ingredients Market Size and Market Share By Region (2019-2026)

16.2. Global Whey Protein Ingredients Market Size and Market Share By Region (2027-2033)
16.3. Asia-Pacific

16.3.1. Australia
16.3.2. China
16.3.3. India
16.3.4. Japan
16.3.5. South Korea
16.3.6. Rest of Asia-Pacific

16.4. Europe

16.4.1. France
16.4.2. Germany
16.4.3. Italy
16.4.4. Spain
16.4.5. United Kingdom
16.4.6. Rest of Europe

16.5. Middle East and Africa

16.5.1. Kingdom of Saudi Arabia
16.5.2. United Arab Emirates
16.5.3. Rest of Middle East & Africa

16.6. North America

16.6.1. Canada
16.6.2. Mexico
16.6.3. United States

16.7. Latin America

16.7.1. Argentina
16.7.2. Brazil
16.7.3. Rest of Latin America

17. Company Profile

17.1. Archer Daniels Midland Company

17.1.1. Company details
17.1.2. Financial outlook
17.1.3. Product summary
17.1.4. Recent developments

17.2. Arla Foods

17.2.1. Company details
17.2.2. Financial outlook
17.2.3. Product summary
17.2.4. Recent developments

17.3. Burcon Nutrascience

17.3.1. Company details
17.3.2. Financial outlook
17.3.3. Product summary
17.3.4. Recent developments

17.4. Carberry Food Ingredients

17.4.1. Company details
17.4.2. Financial outlook
17.4.3. Product summary
17.4.4. Recent developments

17.5. Cargill Incorporation

17.5.1. Company details
17.5.2. Financial outlook
17.5.3. Product summary
17.5.4. Recent developments

17.6. CHS Inc.

17.6.1. Company details
17.6.2. Financial outlook
17.6.3. Product summary
17.6.4. Recent developments

17.7. Dairy Farmers of America

17.7.1. Company details
17.7.2. Financial outlook
17.7.3. Product summary
17.7.4. Recent developments

17.8. Davisco Food International

17.8.1. Company details
17.8.2. Financial outlook
17.8.3. Product summary
17.8.4. Recent developments

17.9. DuPont

17.9.1. Company details
17.9.2. Financial outlook
17.9.3. Product summary
17.9.4. Recent developments

17.10. Fontera Co-Operative Group Ltd.

17.10.1. Company details
17.10.2. Financial outlook
17.10.3. Product summary
17.10.4. Recent developments

17.11. Glanbia plc

17.11.1. Company details
17.11.2. Financial outlook
17.11.3. Product summary
17.11.4. Recent developments

17.12. Hilmar Cheese Company

17.12.1. Company details
17.12.2. Financial outlook
17.12.3. Product summary
17.12.4. Recent developments

17.13. Kewpie Corporation

17.13.1. Company details
17.13.2. Financial outlook
17.13.3. Product summary
17.13.4. Recent developments

17.14. Maple Island Corporation

17.14.1. Company details
17.14.2. Financial outlook
17.14.3. Product summary
17.14.4. Recent developments

17.15. Mead Johnson & Company, LLC

17.15.1. Company details
17.15.2. Financial outlook
17.15.3. Product summary
17.15.4. Recent developments

17.16. Roquette Freres

17.16.1. Company details
17.16.2. Financial outlook
17.16.3. Product summary
17.16.4. Recent developments

17.17. Rousselot

17.17.1. Company details
17.17.2. Financial outlook
17.17.3. Product summary
17.17.4. Recent developments

17.18. Tessendro Group

17.18.1. Company details
17.18.2. Financial outlook
17.18.3. Product summary
17.18.4. Recent developments

17.19. The Scoular Company

17.19.1. Company details
17.19.2. Financial outlook
17.19.3. Product summary
17.19.4. Recent developments

17.20. Others

18. List of Abbreviations

19. Reference Links

20. Conclusion

21. Research Scope

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.

SPER-Methodology-1

SPER-Methodology-2

SPER-Methodology-3

Frequently Asked Questions About This Report

What is the anticipated CAGR of the Whey Protein Ingredients Market during the forecast period?

The Whey Protein Ingredients Market CAGR of 10.5% during the forecast period.

What is the conclusion of the Whey Protein Ingredients Market?

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.

The Whey Protein Ingredients Market CAGR of 7.73% during the forecast period.

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What is the market size of the Whey Protein Ingredients Market in 2033?

The Whey Protein Ingredients Market size is USD 31.63 billion from 2023 to 2033.

Which segment is expected to lead the Whey Protein Ingredients Market the forecast period?

The Whey Protein Ingredients Market segment is Covered By Nature, By Type, By Application, By Product.

Which region is expected to have the highest market share in the Whey Protein Ingredients Market?

The North America and Europe region is anticipated to have the highest market share in the Whey Protein Ingredients Market.

Who are the key players in 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, Fontera Co-Operative Group Ltd.

How big is the Whey Protein Ingredients Market?

The Whey Protein Ingredients Market is projected to reach USD 31.63 billion by 2033, growing at a CAGR of 17.73% during the forecast period.

What is the growth rate of the Whey Protein Ingredients Market?

The Whey Protein Ingredients Market grew in market size from 2022. The Market is expected to reach USD 31.63 billion by 2033, at a CAGR of 7.73% during the forecast period.