Technavio predicts a remarkable surge in the Whey Protein Market, with an impressive CAGR of 7.88% anticipated from 2022 to 2027. Increasing use of whey protein in clinical nutrition to emerge as a key trend

NEW YORK, June 9, 2023 /PRNewswire/ -- 

Market Share Along with Major Challenges and Upcoming Trends

One of the growth drivers for the global whey protein market is the increasing number of product launches by vendors. The whey protein market is set to progress at an impressive  CAGR of 7.88% during 2022 and 2027.

In addition to knowing about the market's growth potential, it's important to address the challenges faced in the whey protein market that may impact its growth and hinder profitability in the long run. However, healthy growth is envisaged to continue as the market size is expected to grow by USD 5,012.28 million

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Here are some of the challenges faced in the whey protein market:

• Increasing popularity of plant-based proteins: Products made from plants are becoming more and more popular among consumers who are concerned about their health. Concerns about the health and food safety of animal-based food products are one of the factors driving the shift to plant-based diets. Vegans consume zero products with animal ingredients. Consumer demand for plant-based diets is anticipated to rise during the forecast period as a result of this. To meet the growing demand from consumers, market players are launching new plant-based protein products.
• Rising number of people with lactose intolerance
• Stringent regulations

Here are the highlights on the Trends to overcome challenges.

In the US, the elderly population is growing, and by 2050, there will be twice as many people over 65. Elderly people experience physical, psychological, and social changes as they age, and adults over 60 find it challenging to maintain good health. For such adults, diets with a high protein content are essential to overcoming age-related problems. Sarcopenia, or the gradual loss of muscles, affects the elderly population. In the elderly population, whey protein supplements help reduce the occurrence of sarcopenia. Some of the trends mentioned are:

• Increasing use of whey protein in clinical nutrition: Even when there are no physical activities taking place, the high leucine content of whey protein helps to increase muscle synthesis. Whey protein is very helpful for postoperative patients' recovery processes. It helps the body produce more glutathione, which aids in removing harmful substances like carcinogens and safeguarding cells from harm. As a result, the global whey protein market will expand over the course of the forecast period as a result of the growing use of whey protein in clinical nutrition.
• Strategic activities of vendors: To meet the growing consumer demand for whey protein concentrates, suppliers are investing in expanding their production capacities. Hilmar Cheese Company, Inc. declared in May 2021 that a new whey processing facility would be built in southwest Kansas. A $ 460 million investment is needed to build the new plant, which will result in the addition of 247 new jobs. By 2024, the plant is anticipated to be in operation.
• Increasing use of e-commerce channel for sales: Despite the challenges, positive trends are anticipated to drive market growth. The advantages of whey protein are becoming more well-known in North America due to elements like packaging innovation, the use of organic whey protein in infant formulas, and the expanding use of e-commerce channels to target and acquire new customers.

The report also provides major insights on consumer base and new product launches that help vendors establish long-term relationships with end-users and consumers.

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Every Information on Vendor Analysis of whey protein Market 2023-2027:

The full report consists detailed analysis of around Top 15 vendors operating in the whey protein Market, including:

• Agropur Dairy Cooperative
• AMCO Proteins
• Arla Foods amba
• Carbery Food Ingredients Ltd.
• Dairy Farmers of America Inc.
• Danone SA
• DMK Deutsches Milchkontor GmbH
• Fonterra Cooperative Group Ltd.
• Glanbia Plc
• Hilmar Cheese Co. Inc.
• Inner Mongolia Yili Industrial
• Kaserei Champignon Hofmeister
• LACTALIS Ingredients
• Leprino Foods Co.
• Milk Specialties Global
• Nagase and Co. Ltd.
• Nestle SA
• Saputo Inc.
• Zoic Pharmaceuticals Pvt. Ltd.

The report is backed with competitive intelligence and benchmarking, and is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

Vendor Insights of Whey Protein Market- 

To further strengthen their product offerings on a global level, vendors and distributors like Whole Foods Market Inc. (Whole Foods), a division of Amazon, and Sysco have entered the private label brand market. For instance, Sysco sells a variety of processed vegetables in North America under the private-label FreshPoint brand. Similar to this, Whole Foods sells numerous private-label processed vegetables under the 365 Everyday Value brand. Organic Cut Green Beans, Sliced Beets, and Hearts of Palm (Salad Cut) are a few of the popular selections.

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Related Reports:

Protein Supplements Market  : Between 2022 and 2027, the market for protein supplements is anticipated to grow at a CAGR of 8.18%. According to projections, the market for protein supplements will grow by $10.9 billion.

Protein Bar Market : The protein bar market size is estimated to grow at a CAGR of 8.1% between 2022 and 2027. The protein bar market size is forecast to increase by USD 1,920.42 million.

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1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global whey protein market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global whey protein market 2017 - 2021 ($ million)

• 4.2 Product Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.3 Application Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

• 6.1 Market segments 
• Exhibit 30: Chart on Product - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

• 6.2 Comparison by Product
• Exhibit 32: Chart on Comparison by Product
• Exhibit 33: Data Table on Comparison by Product

• 6.3 Whey protein concentrates - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Whey protein concentrates - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Whey protein concentrates - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Whey protein concentrates - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Whey protein concentrates - Year-over-year growth 2022-2027 (%)

• 6.4 Whey protein hydrolysates - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Whey protein hydrolysates - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Whey protein hydrolysates - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Whey protein hydrolysates - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Whey protein hydrolysates - Year-over-year growth 2022-2027 (%)

• 6.5 Whey protein isolates - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Whey protein isolates - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Whey protein isolates - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Whey protein isolates - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Whey protein isolates - Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Product
• Exhibit 46: Market opportunity by Product ($ million)

7 Market Segmentation by Application

• 7.1 Market segments 
• Exhibit 47: Chart on Application - Market share 2022-2027 (%)
• Exhibit 48: Data Table on Application - Market share 2022-2027 (%)

• 7.2 Comparison by Application
• Exhibit 49: Chart on Comparison by Application
• Exhibit 50: Data Table on Comparison by Application

• 7.3 Food and beverages - Market size and forecast 2022-2027 
• Exhibit 51: Chart on Food and beverages - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Food and beverages - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Food and beverages - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Food and beverages - Year-over-year growth 2022-2027 (%)

• 7.4 Nutritional supplements - Market size and forecast 2022-2027 
• Exhibit 55: Chart on Nutritional supplements - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Nutritional supplements - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Nutritional supplements - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Nutritional supplements - Year-over-year growth 2022-2027 (%)

• 7.5 Personal care - Market size and forecast 2022-2027 
• Exhibit 59: Chart on Personal care - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Personal care - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Personal care - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Personal care - Year-over-year growth 2022-2027 (%)

• 7.6 Animal feed and pet food - Market size and forecast 2022-2027 
• Exhibit 63: Chart on Animal feed and pet food - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on Animal feed and pet food - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on Animal feed and pet food - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on Animal feed and pet food - Year-over-year growth 2022-2027 (%)

• 7.7 Market opportunity by Application
• Exhibit 67: Market opportunity by Application ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview
• Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation
• Exhibit 69: Chart on Market share by geography 2022-2027 (%)
• Exhibit 70: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison
• Exhibit 71: Chart on Geographic comparison
• Exhibit 72: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027 
• Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027 
• Exhibit 81: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027 
• Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 89: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 Germany - Market size and forecast 2022-2027 
• Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.10 UK - Market size and forecast 2022-2027 
• Exhibit 101: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.11 China - Market size and forecast 2022-2027 
• Exhibit 105: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.12 France - Market size and forecast 2022-2027 
• Exhibit 109: Chart on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 110: Data Table on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 111: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 112: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography
• Exhibit 113: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges
• Exhibit 114: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 115: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 116: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 117: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 118: Vendors covered

• 12.2 Market positioning of vendors
• Exhibit 119: Matrix on vendor position and classification

• 12.3 Abbott Laboratories 
• Exhibit 120: Abbott Laboratories - Overview
• Exhibit 121: Abbott Laboratories - Business segments
• Exhibit 122: Abbott Laboratories - Key news
• Exhibit 123: Abbott Laboratories - Key offerings
• Exhibit 124: Abbott Laboratories - Segment focus

• 12.4 Arla Foods amba 
• Exhibit 125: Arla Foods amba - Overview
• Exhibit 126: Arla Foods amba - Business segments
• Exhibit 127: Arla Foods amba - Key offerings
• Exhibit 128: Arla Foods amba - Segment focus

• 12.5 Carbery Food Ingredients Ltd.
• Exhibit 129: Carbery Food Ingredients Ltd. - Overview
• Exhibit 130: Carbery Food Ingredients Ltd. - Product / Service
• Exhibit 131: Carbery Food Ingredients Ltd. - Key news
• Exhibit 132: Carbery Food Ingredients Ltd. - Key offerings

• 12.6 Dairy Farmers of America Inc.
• Exhibit 133: Dairy Farmers of America Inc. - Overview
• Exhibit 134: Dairy Farmers of America Inc. - Product / Service
• Exhibit 135: Dairy Farmers of America Inc. - Key offerings

• 12.7 Danone SA 
• Exhibit 136: Danone SA - Overview
• Exhibit 137: Danone SA - Business segments
• Exhibit 138: Danone SA - Key news
• Exhibit 139: Danone SA - Key offerings
• Exhibit 140: Danone SA - Segment focus

• 12.8 DMK Deutsches Milchkontor GmbH
• Exhibit 141: DMK Deutsches Milchkontor GmbH - Overview
• Exhibit 142: DMK Deutsches Milchkontor GmbH - Product / Service
• Exhibit 143: DMK Deutsches Milchkontor GmbH - Key offerings

• 12.9 Fonterra Cooperative Group Ltd. 
• Exhibit 144: Fonterra Cooperative Group Ltd. - Overview
• Exhibit 145: Fonterra Cooperative Group Ltd. - Business segments
• Exhibit 146: Fonterra Cooperative Group Ltd. - Key news
• Exhibit 147: Fonterra Cooperative Group Ltd. - Key offerings
• Exhibit 148: Fonterra Cooperative Group Ltd. - Segment focus

• 12.10 Glanbia Plc 
• Exhibit 149: Glanbia Plc - Overview
• Exhibit 150: Glanbia Plc - Business segments
• Exhibit 151: Glanbia Plc - Key offerings
• Exhibit 152: Glanbia Plc - Segment focus

• 12.11 Hilmar Cheese Co. Inc.
• Exhibit 153: Hilmar Cheese Co. Inc. - Overview
• Exhibit 154: Hilmar Cheese Co. Inc. - Product / Service
• Exhibit 155: Hilmar Cheese Co. Inc. - Key offerings

• 12.12 Kaserei Champignon Hofmeister
• Exhibit 156: Kaserei Champignon Hofmeister - Overview
• Exhibit 157: Kaserei Champignon Hofmeister - Product / Service
• Exhibit 158: Kaserei Champignon Hofmeister - Key offerings

• 12.13 LACTALIS Ingredients
• Exhibit 159: LACTALIS Ingredients - Overview
• Exhibit 160: LACTALIS Ingredients - Product / Service
• Exhibit 161: LACTALIS Ingredients - Key offerings

• 12.14 Leprino Foods Co. 
• Exhibit 162: Leprino Foods Co. - Overview
• Exhibit 163: Leprino Foods Co. - Product / Service
• Exhibit 164: Leprino Foods Co. - Key offerings

• 12.15 Milk Specialties Global
• Exhibit 165: Milk Specialties Global - Overview
• Exhibit 166: Milk Specialties Global - Product / Service
• Exhibit 167: Milk Specialties Global - Key news
• Exhibit 168: Milk Specialties Global - Key offerings

• 12.16 Nestle SA 
• Exhibit 169: Nestle SA - Overview
• Exhibit 170: Nestle SA - Business segments
• Exhibit 171: Nestle SA - Key news
• Exhibit 172: Nestle SA - Key offerings
• Exhibit 173: Nestle SA - Segment focus

• 12.17 Saputo Inc. 
• Exhibit 174: Saputo Inc. - Overview
• Exhibit 175: Saputo Inc. - Business segments
• Exhibit 176: Saputo Inc. - Key news
• Exhibit 177: Saputo Inc. - Key offerings
• Exhibit 178: Saputo Inc. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist
• Exhibit 179: Inclusions checklist
• Exhibit 180: Exclusions checklist

• 13.3 Currency conversion rates for US$
• Exhibit 181: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 182: Research methodology
• Exhibit 183: Validation techniques employed for market sizing
• Exhibit 184: Information sources

• 13.5 List of abbreviations
• Exhibit 185: List of abbreviations

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