According to MarkNtel Advisors recent report "Global Whey Protein Market " . The report takes a numbers-based approach, breaking down precise data in a straightforward way. It consists of information on all the periods – past, present, and future. The report covers important topics like customer behavior, industry size, share, ongoing trends, market segments, and leading companies, and other valuable aspects related to the industry.

Key Highlights of the Report

  • Market Performance (2019-2030)
  • Market Outlook (2024-2030)
  • Market Drivers and Challenges
  • Competitive Benchmarking

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Whey Protein Market Overview

The  Global Whey Protein Market  is estimated to grow at a CAGR of around 9% during the forecast period, ie, 2024-30. The Whey Protein Market has expanded, attributed to the increasing number of overweight and obese populations across the globe. For instance, according to the World Health Organization, globally in 2022, about 2.5 billion adults aged 18 years and older were overweight and of these, 890 million were living with obesity. Furthermore, as per the World Obesity Federation, it has been estimated that by 2030, about one billion people globally, including 1 in 5 women & 1 in 7 men, will be living with obesity.

Whey Protein Industry Challenge

Shift in Consumer Preferences Towards Non-Animal Protein Sources

  • Due to health, environmental, and ethical reasons, more consumers, particularly millennials, have started adopting plant-based protein, as an alternative to animal-based whey proteins. Products comprising plant-based proteins, such as GNC Soy Protein Powder, Indus Hemp Protein Powder, etc., offer allergen-friendly, environmentally sustainable alternatives to traditional dairy-derived whey. This is appealing to vegans, those with lactose intolerance, and environmentally conscious consumers. With a diverse range of sources & additional nutrients, they provide functional versatility & nutritional benefits beyond just protein content.

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Whey Protein Market Segmentation

By Product Type

 > Whey Protein Concentrate (WPC)- Market Size & Forecast 2019-2030, USD Million

 > Whey Protein Isolate (WPI)- Market Size & Forecast 2019-2030, USD Million

 > Whey Protein Hydrolysate (WPH)- Market Size & Forecast 2019-2030, USD Million

By Application

 > Sports Nutrition- Market Size & Forecast 2019-2030, USD Million

 > Food & Beverages- Market Size & Forecast 2019-2030, USD Million

 > Dietary Supplements- Market Size & Forecast 2019-2030, USD Million

 > Animal Feed- Market Size & Forecast 2019-2030, USD Million

By Distribution Channel

 > Online Stores- Market Size & Forecast 2019-2030, USD Million

 > Supermarkets/Hypermarkets- Market Size & Forecast 2019-2030, USD Million

 > Pharmacies- Market Size & Forecast 2019-2030, USD Million

 > Specialty Stores- Market Size & Forecast 2019-2030, USD Million

Geographical Insights:

  • North America
  • Europe
  • Asia Pacific
  • Middle East/Africa
  • South America

Competitive Landscape

The competitive landscape of the market has been studied in the report with detailed profiles of key players operating in the Whey Protein market.

Key Players

  •  > ALPAVIT
  •  > Hilmar Cheese Company, Inc.
  •  > Glanbia PLC
  •  > wheyco GmbH
  •  > Arla Foods Ingredients Group P/S
  •  > Milk Specialties Global
  •  > Fonterra Co-Operative Group Limited
  •  > Carbery Group
  •  > LACTALIS Ingredients
  •  > Agropur Cooperative
  •  > Saputo Inc.
  •  >  Nestle S.A.
  •  > NOW® International
  •  > MusclePharm
  •  > AS-IT-IS Nutrition

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Why This Report:

  1. Strategic Insights: These reports aid strategic decision-making for multinational corporations, financial institutions, and governments by providing crucial market insights.
  2. Global Perspective: With a presence in 80+ countries, the reports offer a comprehensive view of the global market landscape, facilitating informed decision-making on both regional and international scales.
  3. Expertise in Niche Industries: The specialized team's expertise in niche industries and emerging geographies allows for detailed and accurate market analysis, vital for informed decision-making.
  4. Integrated Strategic Parameters: Covering strategic parameters such as Go-to-Market strategies, product development, and trend analysis empowers clients to develop tailored and informed strategies.
  5. Identifying Growth Opportunities: The reports enable clients to identify investment opportunities, emerging market trends, and white spaces, aiding in maximizing returns and gaining a competitive edge.

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