Press release
Whey Protein Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2029
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.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.
The protein use among supplement users (age 18-34) increased from 21% in 2015 to 39% in 2019. Among the age group, 35-54, the use of protein among supplement users increase from 15% in 2015 to 28% in 2019, whereas among people more than 55, it was increased from 7% in 2015 to 17% in 2019. Prevention against allergic conditions in infants, enriched nutrients and proteins, antioxidants defense, and reverse weight loss in people with HIV are the key benefits offered by the whey protein. The rising adoption of whey protein owing to its offered benefits is anticipated to drive the growth of the global whey protein market. However, the high cost of products and side effects associated with it may restrain the growth of the global market.
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Whey Protein Market Segmentation
By Product Type
Whey Protein Concentrate
Whey Protein Isolate
Hydrolyzed Whey Protein
By Application
Sports and Performance Nutrition
Infant Formula
Functional/Fortified Food
A full Report of Whey Protein Market is Available @ https://www.omrglobal.com/industry-reports/whey-protein-market
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
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
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Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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