The global whey protein market is anticipated to grow at a CAGR of 6.5% during the forecast period. Whey protein is a mixture of beta-lactoglobulin, alpha-lactalbumin, bovine serum albumin, and immunoglobins. The younger generation across the globe is increasingly gaining interest in sports and fitness activities, thereby creating the demand for sports nutrition. Moreover, the sports drinks with whey protein content have been highly adopted by the sportspersons. As per the figures from the 51 National Federation of State High School Associations (NFHS), the number of participants in high school sports in 2017-2018 reached an all-time record high of 7,980,886, which includes the District of Columbia.
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The number of boys participating in high school sports set a new standard at 4,565,580 and the number of girls reached an all-time high of 3,415,306. The rising number of sportspersons is supporting the adoption of whey protein supplements as it enables to increase the performance of the player. A properly planned nutritious diet meets an athlete’s mineral and vitamin needs and offers adequate protein to promote muscle repair and growth. As per the 2019 CRN Survey, protein is among the most popular ingredient in both the classes of sports nutrition and weight management, particularly among males and the 18–34-year age group. The use of protein continues to be higher among males as compared to females.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Whey Protein Market by Product Type
- Whey Protein Concentrate
- Whey Protein Isolate
- Hydrolyzed Whey Protein
Global Whey Protein Market by Application
- Sports and Performance Nutrition
- Infant Formula
- Functional/Fortified Food
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Agropur, Inc.
- Alpavit (To Champignon-Hofmeister Company Group)
- Arla Foods Ingredients Group P/S
- Axiom Foods, Inc.
- Carbery Group
- Charotar Casein Company
- DMK Group
- EUROSERUM
- Fonterra Co-operative Group, Ltd.
- Friesland Campina Ingredients
- Glanbia plc
- Hilmar Cheese Company, Inc.
- LACTALIS Ingredients SNC
- Saputo Inc.
- Supley Laboratoriode Alimentos & Suplementos Nutriciona
- Titan Biotech, Ltd.
- Valio, Ltd.
- Westland Dairy Co., Ltd.
- Wheyco GmbH
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global whey protein market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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