Whey Protein Market Size, Share, Trends & Growth Analysis to 2030
The global whey protein market size is anticipated to register a significant CAGR of 9.5% by 2030. The rising prevalence of chronic conditions due to changing lifestyle around the world is a primary factor to drive the market growth. The global whey protein market is divided into type, application, distribution channel, and geography. On the basis of type, the market is further segmented into isolates, concentrates, and hydrolysates type. The concentrates segment held the largest market share in 2020 by revenue and accounted to hold a major market share around half of the market, globally. By application, the food and beverage segment is accounted to hold the largest market segment in 2020.
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According to the recent report published by RC Market Analytics, the Global Whey Protein Market is expected to provide sustainable growth opportunities during the forecast period from 2023 to 2030. This latest industry research study analyzes the whey protein market by various product segments, applications, regions and countries while assessing regional performances of numerous leading market participants. The report offers a holistic view of the whey protein industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global whey protein market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.
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Geographically, the whey protein market report comprises dedicated sections centering on the regional market revenue and trends. The whey protein market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Whey protein market estimates have also been provided for the historical years 2020 & 2021 along with forecast for the period from 2023 - 2030. The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, Italy, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
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The Whey Protein Market Segmentation:
By Type:
Isolates
Concentrates
Hydrolysates
By Application:
Nutritional Supplements
Personal Care
Food & Beverages
Animal Feed & Pet Food
By Distribution Channel:
Supermarkets
Specialist Store
Online
Others
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key players operating in the global whey protein market are Hilmar Cheese Company, Inc., Saputo Inc., Glanbia plc, Fonterra Co-operative Group Ltd, Arla Foods, Alpavit, Wheyco GmbH, Milk Specialties, Carbery Group, and LACTALIS Ingredients.
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Key Questions Answered by Whey Protein Market Report:
Product popularity and adoption based on various country-level dynamics
Regional presence and product development for leading market participants
Market forecasts and trend analysis based on ongoing investments and economic growth in key countries
Competitive landscape based on revenue, product offerings, years of presence, number of employees and market concentration, among others
Various industry models such as SWOT analysis, Pestle Analysis, Porter’s Five Force model, Value Chain Analysis pertaining to Whey Protein market
Analysis of the key factors driving and restraining the growth of the global, regional and country-level markets from 2020-2027
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