Whey Protein Market Growth and Major key players operating in the market are Cargill Incorporation, Arla Foods, Hilmar Cheese Company, Fonterra Co-Operative Group, Glanbia, Agropur, Dairy Farmers of America and Maple Island Incorporation

The research report “Global Whey Protein Market: By Type (Whey Protein Concentrate, Hydrolysed Whey Protein, Whey Protein Isolate), By Application (Confectionary and Bakery, Nutraceuticals, Dairy Products, Instant Formula, Dietary Supplements), and Geography - Global/Region/Country Forecast to 2027", The Global whey protein market size was valued at USD 8.2 billion in 2020 and is anticipated to grow at USD 13.69 billion till 2027 recording a CAGR of 7.6.% during the forecast period 2021-2027.

Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on "Global Whey Protein Market: By Type (Whey Protein Concentrate, Hydrolysed Whey Protein, Whey Protein Isolate), By Application (Confectionary and Bakery, Nutraceuticals, Dairy Products, Instant Formula, Dietary Supplements), and Geography - Global/Region/Country Forecast to 2027".

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Growing Health Related Concerns will fuel the Global Whey Protein Market

Whey protein is generally used as nutritional supplement. It is used as a substitute medicine to treat several health related problems. It is proteins mixture isolated from whey. It is available in liquid form made from cheese production. Whey is the leftover product attained during cheese production process by milk coagulation. It contains all the substances soluble from milk after the pH 4.6. It is also a 5% solution of lactose in water including minerals and lactalbumin. Whey protein market is growing due to increase in the use of bakery, confectionery and nutrition products, change in lifestyle and growing awareness amid people about health. In addition, increasing concerns about fitness amid people and increase in the market for pediatric foods are anticipated to drive the global whey protein market. A few other factors that foster the market growth are huge demand for geriatric dietary supplements, increasing awareness among people about bodybuilding, personal care and beauty consciousness and increasing inclination to ready to cook and ready to drink products. However, lack of awareness among people about benefits of whey protein, high cost of whey protein and the strict regulatory framework for marketing of whey proteins.

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Impact of COVID-19 Whey Protein Market:

In addition, the report discusses the implications of COVID-19, including the industry's initial response and strategies for ensuring business continuity in the coming years.

North America to hold Huge Revenue Share in the Global Whey Protein Market

North America accounted for huge revenue share in the market due to increasing awareness amid people about health issues, increase in the production of whey protein and growing preference towards the intake of protein diet. Europe comes on second place to obtain revenue share in the market. A few important driving factors that affect the growth of the whey protein market in Europe are increasing fitness consciousness and newly emerging healthcare organizations in the region. Moreover, increasing adoption of healthy dietary intake, huge preference towards fitness activities and diet and growing awareness about protein-rich diet are the factors, which are anticipated to impel the market growth major countries of Asia Pacific such as China, India, Korea, Australia and New Zealand.

Competitive Analysis

Major industry players of Whey Protein Market are Cargill Incorporation (U.S), Arla Foods (Denmark), Hilmar Cheese Company (U.S), Fonterra Co-Operative Group Ltd (New Zealand), Glanbia plc (Ireland), Agropur (Canada), Dairy Farmers of America (U.S) and Maple Island Incorporation (U.S). Key players working in Global Whey Protein Market are following a few effective strategies to strengthen their position in the market.

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