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Global Whey Protein Market Analysis & Opportunity Outlook 2021

Published On : 09:40 AM, 14th September, 2017 REP-ID-114 Category: FMCG & Food

Whey protein is a blend of globular proteins derived from whey, the liquid formed as a by-product of cheese production. Whey protein contains high protein substance as compared to egg, soy and other milk created proteins. This protein can be consumed by babies and adults.

Global whey protein market was estimated at a value of USD 5.9 Billion in 2015 and the market is projected to reach USD8.8 Billion by 2021, with estimated compound annual growth rate (CAGR) of 7.6%. Global whey protein production amounted to 280 Million MT in 2015 and rate of production anticipated to rise 3.7% yearly.

Demand Analysis By Market Segmentation

By Type

On the basis of Types, the global whey protein market is segmented as follows:

  • Isolate (WPI)
  • Concentrate (WPC)
  • Hydrolysates (WPH)
  • Native Whey

Demand Analysis By Application

On the basis of application, the global whey protein market is segmented as follows:

  • Healthcare
  • Nutritional
  • Personal Care
  • Feed
  • Food
  • Pharmaceutical Industry

Growth & Demand Analysis By Region

On the basis of region, the global whey protein market is segmented as follows:

  • North America
  • Europe
  • Asia-Pacific
  • Middle East And North Africa
  • Rest of world

Growth drivers and challenges

Increasing demand for dairy-based products, rising demand for pediatric foods and increasing awareness about health among population and rise in the popularity of protein utilization are the main factors drive the growth of global whey protein market over the forecasted period

In addition, increasing importance of 'ready to drink' and energy boosting products and rising disposable income also grow the demand for global whey protein market in future.

Extreme production cost, health & safety affects, governing concerns and certifications are compulsory for marketing are the main challenges for the global whey protein market in upcoming years.

Market size

North America whey protein market dominates with, 35% of the market share in 2014. North American whey protein market was expected to reach at USD1780.6 Million in 2015 and is projected to reach USD2829 Million by 2021, with a CAGR of 7.9%. The U.S is the major market of whey protein in this region.

Asia-Pacific whey protein market is growing rapidly owing to the growing of health concern and increase in disposable income. Asia-Pacific whey protein market accounted 18.9% share of the global whey protein market .Asia-Pacific reached USD 1217.3 Million revenue in 2015 and is estimated grow with a CAGR of 10.2% in the year 2021.

The Europe whey protein market grows at an average rate. Europe whey protein market is driven by the growing awareness towards whey proteins and rising demand for food and beverages.

Key Players

The major key players of the global whey protein market are as follows:

  • Hilmar Cheese Company
  • Glanbia
  • Davisco Foods International Inc.
  • Milk Specialties Global
  • Maple Island Inc.

Scope and Context

Overview of the Parent Market

Analyst View

Market Size and Growth

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Rest of Latin America)
  • Western and Eastern Europe (Germany, Italy, Spain, France, U.K, Benelux, Hungary, Rest Of Western Europe, Russia Poland, Rest of Eastern Europe)
  • Asia-Pacific (China, India, Singapore, Japan, Australia & New Zealand & Rest of Asia)
  • Rest of World

Segmentation

  • By  Types
  • By Application
  • By Region

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

 

                 Key Answers Captured in Report?

Which geography would have better demand for product/services?
What are the strategies adopted by big players in the regional market?
Which country would see the steep rise in CAGR & year-on-year (Y-O-Y) growth?
What is the current & expected market size in next five years?
What is the market feasibility for long term investment?
What opportunity the country would offer for existing and new players in the market?
What is risk involved for suppliers in the geography?
What factors would drive the demand for the product/service in near future?
What is the impact analysis of various factors in the market growth?
What are the recent trends in the regional market and how successful they are?

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