The whey protein powder market was valued at US$ 10,252.9 million in 2018 and is expected to grow at a CAGR of 6.2%from 2019 to 2027 to reach US$ 17,522.4 million by 2027.
Over the last decade, the rising health-conscious customers across the globe has created lucrative opportunities for the whey protein powder manufacturers. Consumers are looking for ways in adopting a healthy and an active lifestyle, which has boosted the demand for health-oriented food products. Thus, protein supplement bears the same kind of traction in Europe, North America, and APAC. Healthy lifestyle is becoming a normal way of life due to concerns majorly over food sensitivity and obesity, as well arise in diseases. Consumers spending on various protein and associated supplements has boosted the market growth over the past few years. Moreover, rising disposable income and improving financial stability are also creating lucrative opportunities for the manufacturers. People are anticipated to spend on these products due to rise in obesity concerns and healthcare awareness, as well as the ability to spend on various items such as protein bars and other supplements.
- Agropur Ingredients
- Arla Foods Ingredients
- Carbery Group
- Glanbia PLC
- Clover Fonterra Ingredients
- Hilmar Cheese Company
- Lactalis Ingredients
- Leprino Foods Company
- Milk Specialties
- Saputo Dairy Australia Pty Ltd
(**Note: The sample of this report is updated with COVID-19 impact analysis**)
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Global Whey Protein Powder Market – By Type
Global Whey Protein Powder Market – By Application
- Food & Beverages
- Infant Formula
- Sports & Dietary Nutrition
- Bakery & Confectionery
- Animal Feed
Global Whey Protein Powder Market – By Distribution Channel
- Nutrition Store
- Specialist Sport Store
Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post the COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.
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- Progressive industry trends in the global whey protein powder market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the global whey protein powder market from 2017 to 2027
- Estimation of global whey protein powder demand across various industries
- PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
- Recent developments to understand the competitive market scenario and global whey protein powder demand
- Market trends and outlook coupled with factors driving and restraining the growth of the global whey protein powder market
- Decision-making process by understanding strategies that underpin commercial interest with regard to global whey protein powder market growth
- Global whey protein powder market size at various nodes of market
- Detailed overview and segmentation of the global whey protein powder market, as well as its dynamics in the industry
- Global whey protein powder market size in various regions with promising growth opportunities
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