Whey Protein Market is expected to grow at a CAGR of 8.64% from 2024 to 2030

Whey Protein Market Overview:

The global whey protein market has witnessed substantial growth, driven by increasing consumer awareness of health and wellness. The Global Whey Protein Market size was valued at USD 19.8 billion in 2023 and is expected to grow at a CAGR of 8.64% from 2024 to 2030, reaching a market size of approximately US$ 35.37 billion by 2030. This surge is attributed to the rising demand for protein-rich diets and the incorporation of whey protein in various food and beverage products. ​

Download a Free Sample Report Today : https://www.maximizemarketresearch.com/request-sample/148037/

Whey Protein Market Dynamics

Several factors are propelling the whey protein market forward:​

Health and Fitness Trends: The growing emphasis on fitness and active lifestyles has led to increased consumption of protein supplements, particularly among athletes and bodybuilders. ​

Nutritional Benefits: Whey protein's antimicrobial, antioxidant, and antihypertensive properties make it a preferred choice in clinical nutrition, sports nutrition, and infant nutrition products. ​

Functional Food Integration: The incorporation of whey protein in functional foods, such as healthy snacks and ready-to-eat meals, caters to the growing demand for convenient yet nutritious options.

Whey Protein Market Outlook and Future Trends :

The future of the whey protein market is shaped by several emerging trends:​

Product Innovation: Continuous research and development efforts are leading to the introduction of diverse whey protein products tailored to specific consumer needs.​

Plant-Based Alternatives: While whey protein remains dominant, the rise of plant-based protein alternatives is influencing market dynamics, prompting companies to diversify their product portfolios.​

E-commerce Expansion: The proliferation of online retail platforms has enhanced product accessibility, enabling consumers to explore and purchase a wide range of whey protein products conveniently.​

Whey Protein Market Key Recent Developments

The whey protein industry has witnessed notable mergers and acquisitions across various regions:​

Vietnam: The Vietnam whey protein market is experiencing robust growth, with companies like Fonterra and Glanbia playing pivotal roles. These market leaders are capitalizing on fitness and wellness trends, offering high-quality whey protein products to meet the demands of health-conscious consumers.

Japan: In April 2016, Ajinomoto merged its pharmaceutical division with Eisai, launching EA Pharma in Japan. This strategic move aimed to enhance their position in the health and nutrition sector, potentially impacting the whey protein market.

United States: Glanbia has been active in expanding its portfolio through acquisitions. In January 2011, Glanbia acquired Bio-Engineered Supplements and Nutrition (BSN), extending their sports nutrition offerings.

To Gain More Insights into the Market Analysis, Browse Summary of the Research Report : https://www.maximizemarketresearch.com/request-sample/148037/

Whey Protein Market Segmentation

by Type

Isolates
Concentrates
Hydrolysate

by Application

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

by Form

Powder
Liquid

Some of the current players in the Whey Protein Market are:

1. Hilmar Cheese Company, Inc(U.S.)
2. Saputo Inc.
3. Glanbia plc (Ireland)
4. Fonterra Co-operative Group Ltd
5. Arla Foods (Denmark, Europe)
6. Milk Specialties
7. Carbery Group
8. LACTALIS Ingredients
9. Olam International
10. Leprino Foods Company

Whey Protein Market Conclusion:

The whey protein market is on an upward trajectory, fueled by health-conscious consumer behaviors and strategic industry movements. As the demand for protein-rich diets continues to rise, the market is poised for sustained growth, offering opportunities for innovation and expansion across various regions.​

For additional reports on related topics, visit our website:

♦ global Gluten-Free Products Market https://www.maximizemarketresearch.com/market-report/gluten-free-products-market/187675/

♦ Gourmet Salt Market https://www.maximizemarketresearch.com/market-report/gourmet-salt-market/195243/

♦ Monk Fruit Sweetener Market https://www.maximizemarketresearch.com/market-report/monk-fruit-sweetener-market/262033/

Contact Maximize Market Research:

MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
✆ +91 9607365656
🖂 sales@maximizemarketresearch.com

About Maximize Market Research:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

This release was published on openPR.