Press release
Clear Whey Isolate Global Market Report 2024 - By Size, Growth, Share, Industry Trends, Outlook By 2033
"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.Clear Whey Isolate Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $8.44 billion In 2028 At A CAGR Of 9.2% :
The clear whey isolate market size has grown strongly in recent years. It will grow from $5.44 billion in 2023 to $5.93 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to increasing demand for clean labels, rise in consumer interest in health and wellness, growing popularity of fitness and sports nutrition, rising consumer preference for low-calorie, and growing consumer awareness.
The clear whey isolate market size is expected to see strong growth in the next few years. It will grow to $8.44 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to rising popularity of personalized nutrition, growing online retail channels, rise of plant-based alternatives, increased focus on post-workout recovery, and growing aging population. Major trends in the forecast period include adoption of innovative flavors, low-fat protein supplements, post-workout nutrition, personalized nutrition solutions, social media influencers, clean labels, and premiumization.
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Clear Whey Isolate Market Major Segments
The clear whey isolate market covered in this report is segmented -
1) By Form: Liquid, Powder
2) By Distribution Channel: Online, Offline
3) By Application: Food, Beverages, Medicines, Other Applications
Key Driver - Health-Conscious Consumers Drive Growth In Clear Whey Isolate Market
The increasing demand for health-conscious food products is expected to propel the growth of the clear whey isolate market going forward. Health-conscious food products are planned and formulated with ingredients and nutritional profiles that promote or enhance overall health and well-being. The demand for health-conscious food is on the rise due to several factors, including the emergence of diverse dietary habits such as veganism, vegetarianism, gluten-free, and paleo. Clear whey isolate is a health-conscious choice for protein supplementation, offering a pure and easily digestible option with minimal additives. For instance, in February 2022, according to a report published by Agriculture and Agri-Food Canada, a Canada-based department of the government, the retail sales value of the health and wellness food and beverage sector in the United States increased to $191.9 billion in 2021, compared to $191.7 billion in 2020. In addition, fortified or functional foods and beverages are expected to grow by 15.3%, and the health and wellness category is projected to reach $218.1 billion in 2025, reflecting a 13.8% increase compared to 2021. Therefore, the increasing demand for health-conscious food products is driving the growth of the clear whey isolate market.
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Prominent Trend - Lactose-Free Premium Whey Drinks Meeting Health-Conscious Demands
Major companies operating in the clear whey isolate market are focusing their efforts on introducing innovative solutions, such as lactose-free clear whey isolate protein drinks, to cater to the increasing demand for convenient and portable protein options among health-conscious consumers. Lactose-free clear whey isolate protein drinks are high-quality protein beverages made from whey protein isolate that have had the lactose removed, catering to individuals who are lactose intolerant or prefer lactose-free options for their health-conscious lifestyle. For instance, in August 2022, Upbeat, a UK-based clear whey protein company, launched protein hydration and protein energy, the UK's first clear whey isolate protein drinks that are intended to satisfy the needs of people with hectic schedules for hydration, energy, and protein. Upbeat's sugar-free, lactose-free, premium whey drinks offer enhanced cognitive function and prolonged performance, ideal for both quick consumption on-the-go and as a post-workout replenishment. These 500-ml bottled servings of protein hydration are available in two flavors- Mixed Berry and Zesty Orange. They contain 10g of protein, 3000mg of BCAA, Vitamin B complex, and 0% sugar, removing the need to carry a bulky protein shaker and mix powder.
Clear Whey Isolate Market Players
Major companies operating in the clear whey isolate market report are The Hut Group Limited; Leprino Nutrition; Quest Nutrition LLC; Nutrabolt Corporation; Jarrow Formulas; Myprotein; BPI Sports; Nature's Best Inc.; Milk Specialties Global; Bulk Powders Limited; Makers Nutrition; Dymatize; Onnit; Nutribio Brands; MusclePharm Corporation; AllMax Nutrition; Transparent Labs LLC; Optimum Nutrition Inc.; Bulk Nutrients; Nutrex Research Inc; Gaspari Nutrition Inc.; Garden of Life; RSP Nutrition LLC; PureBulk; Pure Protein; NutriFusion; Evolution Nutrition LLC
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Largest And Fastest Growing Region In The Market
North America was the largest region in the clear whey isolate market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the clear whey isolate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Clear Whey Isolate Market Report Structure
3. Clear Whey Isolate Market Trends And Strategies
4. Clear Whey Isolate Market - Macro Economic Scenario
5. Clear Whey Isolate Market Size And Growth
…..
27. Clear Whey Isolate Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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