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Global Whey Protein Concentrate Market Report and Forecast

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Dublin, Jan. 09, 2023 (GLOBE NEWSWIRE) — The report ‘Global Whey Protein Concentrate Market Report and Forecast 2023-2028’ has been added to from ResearchAndMarkets.com offer.

According to this report, the global whey protein concentrates market is underpinned by the global dairy products market, which is expected to grow at a CAGR of 3.7% between 2023 and 2028. The global whey protein concentrates market is driven by the growing health consciousness of consumers.

Whey Protein Concentrate is a dairy-based whey food ingredient that contains over 25% protein. To obtain a whey protein concentrate, the non-protein constituents are eradicated, usually during the cheese-making process. Whey protein concentrate is a good source of protein that is considered a complete protein because it contains all nine essential amino acids.

Consumption of whey protein concentrate brings many benefits to the body as it can be easily digested and absorbed by the body, increases the muscle content which fuels the strength of the body, reduces the risk of cardiovascular diseases and comes with low effects secondary.

The increasing inclination of young people towards fitness and bodybuilding propels the growth of the whey protein concentrates market. Growing health awareness among working professionals, due to the growing prevalence of lifestyle issues, is further driving the sale of downstream products containing whey protein concentrate.

The increasing application of whey protein concentrate in cookies, cereals, flavored shakes and drinks, and cheese, among others, is a major driving factor of the market. During the forecast period, an increase in demand for these whey protein concentrate downstream products is expected to be observed.

Additionally, increasing disposable income, rapid urbanization and increasing recommendation of whey protein concentrate products for fitness enthusiasts are likely to boost the whey protein concentrate market in the years. coming.

The intensification of sports activities leads to an escalation in the popularity of whey protein concentrates among athletes. In this regard, whey protein concentrate is seeing applications in whey protein supplements, protein shakes, and protein bars. Another driving factor driving the whey protein concentrate market is the growing expansion of the sports nutrition industry, which is expected to drive the demand for the product.

In terms of geography, North America is expected to experience healthy growth over the forecast period owing to the rising cases of obesity in the United States, which will lead to increased interest in healthy food products.

Report attribute Details
Number of pages 184
Forecast period 2023 – 2028
Estimated market value in 2023 2835.3KMT
Expected market value by 2028 3399.8 KMT
Compound annual growth rate 3.7%
Regions covered Global

Market segmentation

Breakdown of the market by type

Market segmentation by composition

  • CMP 35
  • CMP 50-79
  • WPC 80
  • Others

Classification of the market by form

Market categorization by end use

  • Infant formula and baby food
  • Food supplements
  • food preparation
  • sports nutrition
  • Beverages
  • Others

Market segmentation by distribution channel

  • Hypermarket and Supermarket
  • Grocery
  • Special store
  • Online
  • Others

Market Breakdown by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
  • Others

Competitive landscape

This report examines market shares, plant turnovers, capacities, investments, acquisitions, and mergers, among other major developments, of companies in the Whey Protein Concentrates market. Some of the major key players explored in the report are:

  • Fonterra Co-Operative Group Limited
  • LACTALIS Group
  • Saputo inc.
  • Hilmar Cheese Factory, Inc.
  • Arla Foods Ingredient Group
  • Glanbia plc
  • Agropur cooperative
  • Others

Main topics covered:

1 Preface

2 Report Coverage- Key Segmentation and Scope

3 Description of the report

4 key assumptions

5 Executive Summary

6 Market Overview

7 Industry Opportunities and Challenges

8 Global Whey Protein Market Overview

9 Global Whey Protein Concentrate Market Analysis

10 Regional Analysis

11 Market dynamics

12 Value chain analysis

13 Price Analysis

14 Competitive landscape

15 industry events and developments

Companies cited

  • Fonterra Co-operative Group Limited
  • LACTALIS ingredients
  • Saputo inc.
  • Hilmar Cheese Company, Inc.
  • Arla Foods P/S Ingredient Group
  • photo of gland
  • Agropur cooperative

For more information on this report visit https://www.researchandmarkets.com/r/r2bc64

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, top companies, new products and the latest trends.

  • Global whey protein concentrate market


        

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