Whey Protein Market To Expand Sumptuously With USD 15.1 Bn Earnings By 2028

12-Apr-2022 | Zion Market Research

According to study of Zion Market Research, Whey Protein industry accrued ROI of approximately around US$ 8.3 billion in 2021 and is expected to gain income of almost US$ 15.1 billion in 2028. Apparently, Whey Protein Market is set to register humungous gains of nearly 7.8% in time interval of 2022 to 2028. Moreover, growth of whey protein market over forecasting years is subject to rise in chronic disorders owing to irregular dietary habits leading to need for protein rich diet. Apart from this, anti-bacterial and anti-hypertensive features of product have helped food & beverages industry in producing snacks, chocolates, dairy items, and bakery items. In addition to this, surging global populace and changing food habits has catapulted growth of whey protein industry. Increase in shelf life of whey protein along with its availability in powdered form has facilitated expansion of whey protein market. Additionally, upswing in demand for sports nutritional supplements along with rise in health awareness has propelled expansion in size of whey protein market in forthcoming years.

Whey Protein Concentrate To Dominate Type Segment By 2028

Growth of segment over forecasting timeline can be credited to use of whey protein concentrates in beverages, yogurt products, and dairy desserts. Moreover, they are utilized as protein fortification source for nutritive products and infant diet. Apparently, these products demonstrate gelling feature when they are dissolved in water & then heated. This property is beneficial in meat & nutritional applications.

Food & Beverages Segment To Make Maximum Contributions Towards Whey Protein Market Earnings By 2028

Expansion of food & beverages segment over assessment period is due to large-scale use of whey proteins in bakery & confectionery products for foaming, emulsification, browning, and thickening the products. Additionally, whey proteins also enhance solubility, gelation, nutritive fortification, and water-binding features of confectionery & bakery items. Citing an instance, in 2019, Arla Foods amba- a Danish dairy product manufacturer- launched a drink based on whey protein concept and it was for patients requiring low-volume nutrition.

Asia Pacific Whey Protein Market To Experience Fastest Growth In Next Six Years

Regional market expansion over 2022-2028 can be owing to rise in product exports and humungous demand for dairy-based proteins including casein & whey. Additionally, countries such as China are one of the largest producers of dairy-based proteins across globe. Apparently, easy raw material availability will extend growth graph of Asia Pacific whey protein market in upward direction.

Key players influencing growth of whey protein market and profiled in report are Milk Specialties Global, ALPAVIT, Davisco Foods International, Inc., Hilmar Cheese Company, Inc., Milkaut S.A., Saputo Inc., Olam International, Glanbia plc, Wheyco GmbH, Arla Foods amba, and Maple Island, Inc.

Browse the full Whey Protein Market - By Type (Whey Protein Isolates, Whey Protein Concentrates, And Whey Protein Hydrolysates) And By Application (Food & Beverages, Personal Care, Animal Feed & Pet Food, And Nutritional Supplements): Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends And Forecast, 2022 – 2028.” Report at https://www.zionmarketresearch.com/report/whey-protein-market

The global Whey Protein Market is segmented as follows:

By Type

  • Whey Protein Isolates
  • Whey Protein Concentrates
  • Whey Protein Hydrolysates

By Application

  • Food & Beverages
  • Personal Care
  • Animal Feed & Pet Food
  • Nutritional Supplements

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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