Global Whey Protein Market Size study & Forecast by Type (Whey Protein Isolates, Whey Protein Concentrates, Whey Protein Hydrolysates ), by Application, and Regional Analysis, 2022-2029

List of Tables

Global Whey Protein Market is valued approximately at USD 5.33 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 10.50% over the forecast period 2022-2029.

Whey protein is a complete protein containing all nine essential amino acids and is used in a wide range of applications including dietary supplements, functional foods, sports nutrition, infant formula, and animal feed. The market includes various forms of whey protein such as whey protein concentrate, whey protein isolate, hydrolyzed whey protein, and others. The market is driven by factors such as growing consumer awareness about health and wellness, growing demand for sports nutrition products, and the rising popularity of a vegetarian and vegan diet. The global whey protein market is expected to continue growing in the coming years due to increasing demand from emerging markets and the growing popularity of protein supplements among health-conscious consumers.

In 2016, the World Health Organization launched the Global Action Plan on Physical Activity 2018-2030, which aims to increase physical activity levels worldwide and reduce the burden of NCDs. Along with this, in 2019, a survey conducted by the International Food Information Council found that 64% of Americans were actively trying to eat more protein, indicating a growing interest in health and fitness. Thus, rising consumption of proteins is driving the growth for the market over the forecast period 2022-2029. Furthermore, in 2020, Google Trends data showed a significant increase in searches related to at-home workouts and virtual fitness classes, indicating a shift towards digital fitness due to the COVID-19 pandemic. However, health concerns regarding consumption of Whey Protein stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Whey Protein Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the regional market in terms of revenue, owing to increasing demand for sports nutrition and weight management products. The US is the largest market for whey protein in the region, accounting for a significant share of the overall market. The growth of the market is also driven by the rising health consciousness among consumers and the growing popularity of plant-based protein alternatives. Asia Pacific region is expected to be fastest growing, driven by the increasing demand for dietary supplements and functional foods. China, Japan, and India are the largest markets for whey protein in the region. The growth of the market is also driven by the rising disposable income of consumers, the increasing popularity of fitness and wellness trends, and the growing awareness of the health benefits of whey protein.

Major market player included in this report are:

Hilmar Cheese Company, Inc.
Saputo Inc.
Glanbia plc
Fonterra Co-operative Group Ltd.
Arla Foods
Alpavit
Wheyco GmbH
Milk Specialties
Carbery Group
LACTALIS Ingredients

Recent Developments in the Market:

In September 2022, whey protein concentrates in the flavours of vanilla and chocolate have been added to the product portfolio of Dyet Nutrition, a well-known nutritional supplement company in India. The goal of this launch is to offer top-notch supplements to bodybuilders, athletes, and fitness enthusiasts.

Global Whey Protein Market Report Scope:

Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Type, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Type:

Whey Protein Isolates (WPI)
Whey Protein Concentrates (WPC)
Whey Protein Hydrolysates (WPH)

By Application:

Sports Nutrition
Dietary Supplements
Infant Formula
Food Additives
Beverages
Feed

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Whey Protein Market, by region, 2019-2029 (USD Billion)
- 1.2.2. Whey Protein Market, by Type, 2019-2029 (USD Billion)
- 1.2.3. Whey Protein Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Whey Protein Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Whey Protein Market Dynamics

3.1. Whey Protein Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing health and fitness awareness
  - 3.1.1.2. Growing sports nutrition market
- 3.1.2. Market Challenges
  - 3.1.2.1. Health concerns regarding consumption of whey proteins
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising popularity of a vegetarian and vegan diet
  - 3.1.3.2. Rising initiatives by the key market players

Chapter 4. Global Whey Protein Market: Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Whey Protein Market, by Type

6.1. Market Snapshot
6.2. Global Whey Protein Market by Type, Performance - Potential Analysis
6.3. Global Whey Protein Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
6.4. Whey Protein Market, Sub Segment Analysis
- 6.4.1. Whey Protein Isolates (WPI)
- 6.4.2. Whey Protein Concentrates (WPC)
- 6.4.3. Whey Protein Hydrolysates (WPH)

Chapter 7. Global Whey Protein Market, by Application

7.1. Market Snapshot
7.2. Global Whey Protein Market by Application, Performance - Potential Analysis
7.3. Global Whey Protein Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
7.4. Whey Protein Market, Sub Segment Analysis
- 7.4.1. Sports Nutrition
- 7.4.2. Dietary Supplements
- 7.4.3. Infant Formula
- 7.4.4. Food Additives
- 7.4.5. Beverages
- 7.4.6. Feed

Chapter 8. Global Whey Protein Market, Regional Analysis

8.1. Whey Protein Market, Regional Market Snapshot
8.2. North America Whey Protein Market
- 8.2.1. U.S. Whey Protein Market
  - 8.2.1.1. Type breakdown estimates & forecasts, 2019-2029
  - 8.2.1.2. Application breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Whey Protein Market
8.3. Europe Whey Protein Market Snapshot
- 8.3.1. U.K. Whey Protein Market
- 8.3.2. Germany Whey Protein Market
- 8.3.3. France Whey Protein Market
- 8.3.4. Spain Whey Protein Market
- 8.3.5. Italy Whey Protein Market
- 8.3.6. Rest of Europe Whey Protein Market
8.4. Asia-Pacific Whey Protein Market Snapshot
- 8.4.1. China Whey Protein Market
- 8.4.2. India Whey Protein Market
- 8.4.3. Japan Whey Protein Market
- 8.4.4. Australia Whey Protein Market
- 8.4.5. South Korea Whey Protein Market
- 8.4.6. Rest of Asia Pacific Whey Protein Market
8.5. Latin America Whey Protein Market Snapshot
- 8.5.1. Brazil Whey Protein Market
- 8.5.2. Mexico Whey Protein Market
8.6. Rest of The World Whey Protein Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Company Profiles
- 9.2.1. Hilmar Cheese Company, Inc.
  - 9.2.1.1. Key Information
  - 9.2.1.2. Overview
  - 9.2.1.3. Financial (Subject to Data Availability)
  - 9.2.1.4. Product Summary
  - 9.2.1.5. Recent Developments
- 9.2.2. Saputo Inc.
- 9.2.3. Glanbia plc
- 9.2.4. Fonterra Co-operative Group Ltd.
- 9.2.5. Arla Foods
- 9.2.6. Alpavit
- 9.2.7. Wheyco GmbH
- 9.2.8. Milk Specialties
- 9.2.9. Carbery Group
- 9.2.10. LACTALIS Ingredients

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Whey Protein Market, report scope
TABLE 2. Global Whey Protein Market estimates & forecasts by region 2019-2029 (USD Billion)
TABLE 3. Global Whey Protein Market estimates & forecasts by Type 2019-2029 (USD Billion)
TABLE 4. Global Whey Protein Market estimates & forecasts by Application 2019-2029 (USD Billion)
TABLE 5. Global Whey Protein Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 6. Global Whey Protein Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Whey Protein Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Whey Protein Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Whey Protein Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Whey Protein Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Whey Protein Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Whey Protein Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Whey Protein Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Whey Protein Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. U.S. Whey Protein Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 17. U.S. Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. Canada Whey Protein Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 19. Canada Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. UK Whey Protein Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 22. UK Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. Germany Whey Protein Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 25. Germany Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. France Whey Protein Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 28. France Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. Italy Whey Protein Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 31. Italy Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Spain Whey Protein Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 34. Spain Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. RoE Whey Protein Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 37. RoE Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. China Whey Protein Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 40. China Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. India Whey Protein Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 43. India Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. Japan Whey Protein Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 46. Japan Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. South Korea Whey Protein Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 49. South Korea Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. Australia Whey Protein Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 52. Australia Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. RoAPAC Whey Protein Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 55. RoAPAC Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. Brazil Whey Protein Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 58. Brazil Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Mexico Whey Protein Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 61. Mexico Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. RoLA Whey Protein Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 64. RoLA Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. Row Whey Protein Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 67. Row Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Whey Protein Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Whey Protein Market
TABLE 70. List of primary sources, used in the study of global Whey Protein Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Whey Protein Market, research methodology
FIG 2. Global Whey Protein Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Whey Protein Market, key trends 2021
FIG 5. Global Whey Protein Market, growth prospects 2022-2029
FIG 6. Global Whey Protein Market, porters 5 force model
FIG 7. Global Whey Protein Market, pest analysis
FIG 8. Global Whey Protein Market, value chain analysis
FIG 9. Global Whey Protein Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Whey Protein Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Whey Protein Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Whey Protein Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Whey Protein Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Whey Protein Market, regional snapshot 2019 & 2029
FIG 15. North America Whey Protein Market 2019 & 2029 (USD Billion)
FIG 16. Europe Whey Protein Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Whey Protein Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Whey Protein Market 2019 & 2029 (USD Billion)
FIG 19. Global Whey Protein Market, company Market share analysis (2021)