KEY RESULTS Global Whey Protein Ingredients Market growth is expected to advance at a CAGR of 5.49% in volume and 11.22% in terms of revenue during the forecast period, 2021- 2028.
New York, August 10, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the publication of the report “GLOBAL WHEY PROTEIN INGREDIENTS MARKET FORECAST 2021-2028″ – https://www.reportlinker.com/p05758903/?utm_source= GNW
Increasingly health conscious consumers, growing awareness of the benefits of whey protein, growing demand for high quality protein supplements, and thriving health and wellness products are fueling the market growth.
Whey protein is a by-product obtained during the making of cheese, which is rich in protein. It is used to increase protein intake in the diet and is used as an ingredient in infant formula.
Protein supplements were popular and limited to bodybuilders, fitness enthusiasts, gym goers, and athletes. Currently, they have spread to people from all walks of life.
Indeed, they help prevent disease and improve athletic performance, in addition to helping build muscle and gain strength.
Additionally, increasing urbanization and the growing preference for a healthy lifestyle and personalized nutrition have spurred the growth of protein supplements. In addition, the integrated efforts of pharmaceutical, technology and food companies have led to the development of new products with better functionality.
Such aspects have increased the demand for high quality protein supplements, which is driving the overall growth of the market. However, health issues due to the use of whey protein and fluctuations in the prices of raw materials are hampering the growth of the market.
The growth assessment of the global Whey Protein Ingredients Market includes the analysis of North America, Europe, Asia-Pacific, and the rest of the world. Asia-Pacific is estimated to be the highest in terms of CAGR, both in terms of revenue and volume.
The increasing use of whey as an additive in skin care products and the nutrition and food and beverage industries is one of the main growth drivers.
The strategic diversity of competitors in the market increases competitive rivalry in the market. Some key companies in the market include Grande Custom Ingredients, Danone SA, Leprino Foods Company, Erie Foods International Inc, Glanbia Plc, Fonterra Co-Operative Group, etc.
Our reporting offerings include:
â¢ Explore the main conclusions of the global market
â¢ Strategic distribution of market dynamics (drivers, constraints, opportunities, challenges)
â¢ Market forecasts for a minimum of 9 years, as well as 3 years of historical data for all segments, sub-segments and regions
â¢ Market segmentation allows for in-depth assessment of key segments with their market estimates
â¢ Geographic analysis: assessments of the regions and segments of the countries mentioned with their market share
â¢ Key analyzes: Porter’s five forces analysis, supplier landscape, opportunity matrix, key purchasing criteria, etc.
â¢ The competitive landscape is the theoretical explanation of key companies based on factors, market share, etc.
â¢ Company profiling: detailed company overview, products / services offered, SCOT analysis and recent strategic developments
1. AGROPUR MSI SARL
3. AMERICAN DAIRY PRODUCTS INSTITUTE
4. ARLA FOODS
5. DANONE SA
6. ALIMENTS ERIE INTERNATIONAL INC
7. FONTERRA COOPERATIVE GROUP
8. GLANBIA PLC
9. GREAT CUSTOMIZED INGREDIENTS
10. LEPRINO FOOD COMPANY
11. MEGGLE GROUP
12. DAIRY SPECIALTIES
13. OMEGA PROTEIN
14. SAPUTO INGREDIENTS
15. WESTLAND DAIRY PRODUCTS
Read the full report: https://www.reportlinker.com/p05758903/?utm_source=GNW
ReportLinker is an award winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.
CONTACT: Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001