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Report
Global Whey Protein Concentrate Market Report and Forecast 2023-2028
Market Report I 2022-11-29 I 184 Pages I EMR Inc.
Global Whey Protein Concentrate Market Report and Forecast 2023-2028
Market Outlook
According to the report by Expert Market Research (EMR), the global whey protein concentrate market is being supported by the global dairy market, which is expected to grow at a CAGR of 3.7% between 2023 and 2028. The global market for whey protein concentrate is being driven by the increasing health consciousness of consumers.
Whey protein concentrate is a dairy-sourced whey-based food ingredient substance that has more than 25% protein content. To obtain whey protein concentrate, non-protein constituents are eradicated, typically during the cheese-making process. Whey protein concentrate is a good source of protein that is considered a complete protein as it contains the nine essential amino acids. Consuming whey protein concentrate brings a lot of benefits to the body as it can be easily digested and absorbed by the body, increases the muscle content which fuels the body strength, reduces the risk of cardiovascular diseases and comes with low side-effects.
The increasing inclination of youth towards fitness and bodybuilding is propelling the whey protein concentrate market growth. The growing health consciousness among working professionals, owing to the increasing prevalence of lifestyle issues, is further boosting the sale of downstream products containing whey protein concentrate.
The rising application of whey protein concentrate in biscuits, cereals, flavoured shakes and beverages, and cheese, among others, is a major market fuelling factor. Over the forecast period, an increase in demand for these downstream products of whey protein concentrate is expected to be witnessed. Moreover, increasing disposable income, rapid urbanisation, and increasing recommendation of whey protein concentrate products for fitness enthusiasts are likely to provide impetus to the market for whey protein concentrate in the coming years.
The heightening sporting activities is leading to an escalation in the popularity of whey protein concentrates among athletes. In this regard, whey protein concentrate is witnessing applications in whey protein supplements, protein shakes, and protein bars. The growing expansion of the sports nutrition industry is another crucial driving factor of the whey protein concentrate market which is expected to boost the demand for the product.
In terms of geography, North America is projected to witness a healthy growth in the forecast period because of the heightened cases of obesity across the United States resulting in an increased interest in healthy food products.
Market Segmentation
The market can be divided on the basis of nature, composition, form, end use, distribution channel, and region.
Market Breakup by Nature
- Organic
- Conventional
Market Segmentation by Composition
- WPC 35
- WPC 50-79
- WPC 80
- Others
Market Classification by Form
- Powder
- Cream
Market Categorisation by End Use
- Infant Formula and Baby Foods
- Dietary Supplements
- Food Processing
- Sports Nutrition
- Beverages
- Others
Market Segmentation by Distribution Channel
- Hypermarket and Supermarket
- Convenience Store
- Special Store
- Online
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Others
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the whey protein concentrate market companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Fonterra Co-Operative Group Limited
- LACTALIS Group
- Saputo Inc.
- Hilmar Cheese Company, Inc.
- Arla Foods Ingredients Group
- Glanbia plc
- Agropur cooperative
- Others
*We at Expert Market Research always strive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Whey Protein Market Overview
8.1 Key Industry Highlights
8.2 Global Whey Protein Historical Market (2018-2022)
8.3 Global Whey Protein Market Forecast (2023-2028)
8.4 Global Whey Protein Market by Type
8.4.1 Market Share
8.4.1.1 Concentrate
8.4.1.2 Isolate
8.4.1.3 hydrolysates
8.5 Global Whey Protein Market by Region
8.5.1 Market Share
8.5.1.1 North America
8.5.1.2 Europe
8.5.1.3 Asia Pacific
8.5.1.4 Latin America
8.5.1.5 Middle East and Africa
9 Global Whey Protein Concentrate Market Analysis
9.1 Key Industry Highlights
9.2 Global Whey Protein Concentrate Historical Market (2018-2022)
9.3 Global Whey Protein Concentrate Market Forecast (2023-2028)
9.4 Global Whey Protein Concentrate Market by Nature
9.4.1 Organic
9.4.1.1 Market Share
9.4.1.2 Historical Trend (2018-2022)
9.4.1.3 Forecast Trend (2023-2028)
9.4.2 Conventional
9.4.2.1 Market Share
9.4.2.2 Historical Trend (2018-2022)
9.4.2.3 Forecast Trend (2023-2028)
9.5 Global Whey Protein Concentrate Market by Composition
9.5.1 WPC 30%-50%
9.5.1.1 Market Share
9.5.1.2 Historical Trend (2018-2022)
9.5.1.3 Forecast Trend (2023-2028)
9.5.2 WPC 50%-80%
9.5.2.1 Market Share
9.5.2.2 Historical Trend (2018-2022)
9.5.2.3 Forecast Trend (2023-2028)
9.5.3 Others
9.6 Global Whey Protein Concentrate Market by End Use
9.6.1 Infant Formula and Baby Foods
9.6.1.1 Market Share
9.6.1.2 Historical Trend (2018-2022)
9.6.1.3 Forecast Trend (2023-2028)
9.6.2 Dietary Supplements
9.6.2.1 Market Share
9.6.2.2 Historical Trend (2018-2022)
9.6.2.3 Forecast Trend (2023-2028)
9.6.3 Food Processing
9.6.3.1 Market Share
9.6.3.2 Historical Trend (2018-2022)
9.6.3.3 Forecast Trend (2023-2028)
9.6.4 Sports Nutrition
9.6.4.1 Market Share
9.6.4.2 Historical Trend (2018-2022)
9.6.4.3 Forecast Trend (2023-2028)
9.6.5 Beverages
9.6.5.1 Market Share
9.6.5.2 Historical Trend (2018-2022)
9.6.5.3 Forecast Trend (2023-2028)
9.6.6 Others
9.7 Global Whey Protein Concentrate Market by Distribution Channel
9.7.1 Hypermarket and Supermarket
9.7.1.1 Market Share
9.7.1.2 Historical Trend (2018-2022)
9.7.1.3 Forecast Trend (2023-2028)
9.7.2 Convenience Store
9.7.2.1 Market Share
9.7.2.2 Historical Trend (2018-2022)
9.7.2.3 Forecast Trend (2023-2028)
9.7.3 Pharmacy
9.7.3.1 Market Share
9.7.3.2 Historical Trend (2018-2022)
9.7.3.3 Forecast Trend (2023-2028)
9.7.4 Online
9.7.4.1 Market Share
9.7.4.2 Historical Trend (2018-2022)
9.7.4.3 Forecast Trend (2023-2028)
9.7.5 Others
9.8 Global Whey Protein Concentrate Market by Region
9.8.1 Market Share
9.8.1.1 North America
9.8.1.2 Europe
9.8.1.3 Asia Pacific
9.8.1.4 Latin America
9.8.1.5 Middle East and Africa
10 Regional Analysis
10.1 North America
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.1.3 Breakup by Country
10.1.3.1 United States of America
10.1.3.2 Canada
10.2 Europe
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.2.3 Breakup by Country
10.2.3.1 United Kingdom
10.2.3.2 Germany
10.2.3.3 France
10.2.3.4 Italy
10.2.3.5 Others
10.3 Asia Pacific
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.3.3 Breakup by Country
10.3.3.1 China
10.3.3.2 Japan
10.3.3.3 India
10.3.3.4 ASEAN
10.3.3.5 Australia
10.3.3.6 Others
10.4 Latin America
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.4.3 Breakup by Country
10.4.3.1 Brazil
10.4.3.2 Argentina
10.4.3.3 Mexico
10.4.3.4 Others
10.5 Middle East and Africa
10.5.1 Historical Trend (2018-2022)
10.5.2 Forecast Trend (2023-2028)
10.5.3 Breakup by Country
10.5.3.1 Saudi Arabia
10.5.3.2 United Arab Emirates
10.5.3.3 Nigeria
10.5.3.4 South Africa
10.5.3.5 Others
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter's Five Forces Analysis
11.2.1 Supplier's Power
11.2.2 Buyer's Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Price Analysis
13.1 North America Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.2 Europe Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.3 Asia Pacific Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.4 Latin America Historical Price Trends (2018-2022) and Forecast (2023-2028)
13.5 Middle East and Africa Historical Price Trends (2018-2022) and Forecast (2023-2028)
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Fonterra Co-Operative Group Limited
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 LACTALIS Ingredients
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Saputo Inc.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Hilmar Cheese Company, Inc.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Arla Foods Ingredients Group P/S
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Glanbia plc
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Agropur cooperative
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Others
15 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
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