By 2032, Whey Protein Market to be Valued at USD 17.94 Billion, Flourishing at a CAGR of 10.8%

𝐖𝐡𝐞𝐲 𝐏𝐫𝐨𝐭𝐞𝐢𝐧 𝐌𝐚𝐫𝐤𝐞𝐭

The global whey protein market was valued at USD 7.11 billion in 2023. It is anticipated to grow to USD 17.94 billion by 2032, exhibiting a CAGR of 10.8% during the forecast period from 2024 to 2032.

𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/industry-analysis/whey-protein-market/request-for-sample

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐞𝐟𝐢𝐧𝐢𝐭𝐢𝐨𝐧:

Whey protein is a protein combination derived from whey, a liquid produced as a byproduct of cheese manufacture. The proteins include β-lactoglobulin, α-lactalbumin, immunoglobulins, serum, and albumin. Glycomacropeptide, the third-largest component, is not a protein. Whey protein is often promoted as a protein supplement, with numerous health benefits attributed to it. Whey is the residue left over after milk has been coagulated during the cheesemaking process. Coagulation can be caused by adding acid or rennet. It is a 5% lactose solution in water that comprises both water-soluble milk proteins and some lipid content.

𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬:

● The rising prevalence of chronic illnesses, along with fast-changing lifestyles and busy day-to-day activities, a growing consumer trend toward natural foods, and advancements in the food processing sector are driving market expansion.
● The high adoption of protein-rich diets and innovations in the food processing industry are having a favorable impact on the market expansion.

𝐁𝐮𝐲 𝐭𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/buy/638/2

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

The whey protein industry is characterized by fragmentation, with the presence of both regional players and local participants. Here is the list of the leading companies operating in the industry:

• Hilmar Cheese Company Inc.
• Glanbia plc
• Fonterra Co-operative Group Ltd
• Saputo Inc.
• Arla Foods
• Alpavit
• Milk Specialties
• Carbery Group
• Wheyco GmbH
• LACTALIS Ingredients
• Davisco Foods International Inc.
• Milkaut SA
• Olam International
• Leprino Foods Company
• Maple Island Inc.

𝐀𝐜𝐜𝐞𝐬𝐬 𝐓𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭, 𝐡𝐞𝐫𝐞: https://www.polarismarketresearch.com/industry-analysis/whey-protein-market

𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐖𝐡𝐞𝐲 𝐏𝐫𝐨𝐭𝐞𝐢𝐧 𝐌𝐚𝐫𝐤𝐞𝐭

Expansion in Emerging Markets: The growing health and fitness trends in emerging economies present significant opportunities for market growth.
Plant-Based and Vegan Alternatives: Innovations in plant-based whey protein alternatives to cater to the vegan and lactose-intolerant population.
Customization and Personalization: Development of customized and personalized nutrition solutions tailored to individual health and fitness goals.
Sustainable and Ethical Sourcing: Emphasis on sustainable and ethical sourcing practices to meet consumer demand for environmentally responsible products.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

The market is mainly segmented by type, application, and geographic region. Based on type analysis, the largest market share was accounted for by the whey protein concentrates market segment. This is because whey protein remains soluble in the whey after the casein precipitation at a pH of 4.6 and a temperature of around 20°C.

Furthermore, according to the application analysis, the food & beverage segment held the largest whey protein market share due to the increase in gelation, water-binding capabilities, solubility, and nutritional value in the food industry.

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐋𝐚𝐭𝐞𝐬𝐭 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐈𝐧𝐟𝐨:

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