Whey Protein Market Growth, Demand and Challenges of the Key Industry Players 2028

Author: Elena Anderson

Marketing Manager

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Global Whey Protein Market Research Report 2023-2028:

According to the latest report by IMARC Group, titled " WheyProtein(PowderandConcentrate)Market:GlobalIndustryTrends,Share,Size,Growth,Opp ortunityandForecast2023-2028

," the global whey protein market size reached US$ 5.1 Billion in 2022.

Whey protein is a supplement derived from milk, specifically the liquid portion that is separated during cheese production. It is a complete protein that contains all the essential amino acids needed by the body. It is made through filtration and drying processes, where the liquid whey is first separated from the cheese curd and then filtered to remove any impurities. The resulting liquid is spray-dried to create a powder that can be used in various applications.

It is a rich source of protein and contains high amounts of leucine, an essential amino acid important for muscle protein synthesis. Additionally, it is low in carbohydrates and fat, making it an ideal supplement for increasing protein intake without adding extra calories. Whey protein offers additional health benefits, including improved muscle growth and recovery and increased strength and endurance. It also helps lower blood pressure and reduce inflammation. As compared to other types of protein, whey protein has a higher biological value, gets absorbed by the body quickly, and is easier to digest, making it an ideal post-workout supplement.

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Currently, there are several types of product variants available, including whey protein concentrate, whey protein isolate, and hydrolyzed whey protein.

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Global Whey Protein Market Trends:

The global demand for whey protein is on the rise due to the increasing purchasing power of consumers and the shifting preference toward healthy and nutritious diets. This is further supported by the burgeoning food and beverage (F&B) industry, wherein it is incorporated in shakes, confectionaries, muffins, pancakes, and spreads. Moreover, the rising awareness about the health benefits of whey protein and the increasing health consciousness among the masses are driving the market growth.

Additionally, the surging product application to manufacture baby food and infant formula and the escalating consumption of dietary supplements for maintaining overall health are favoring the market growth. In line with this, key product manufacturers are introducing novel product variants in innovative flavors, such as coconut, caramel, chocolate, cranberry, and coffee, to expand their product portfolio, which, in turn, is accelerating the market growth

Lookingforward, themarket value is projected toreachUS$6.5Billion by 2028,expandingat aCAGR of4.2%during2023-2028.

View Report TOC, Figures and Tables: https://www.imarcgroup.com/whey-protein-powder-and-concentrate-market

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Key Market Segmentation

The research report includes the following segments:

Breakup by Type:

• Whey Protein Concentrate

• Whey Protein Isolate

• Whey Protein Hydrolysates

Breakup by Application:

• Food and Beverages

• Nutrition Products and Pharmaceuticals

• Feed Applications

• Others

Breakup by Region:

• European Union

• North America

• Oceania

• Eastern Europe

• Latin America

• Others

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Competitive Landscape with Key Players:

• Arla Foods

• Agropur Inc.

• Hilmar Cheese Company, Inc.

• Glanbia Plc

• Kerry Group Plc

• Milk Specialties Global

• Leprino Foods Company

• Carbery

• Grande Cheese Company

• Lactalis Group

1. Whatwasthesizeoftheglobalwheyprotein(powderandconcentrate)marketin2022?

2. Whatistheexpectedgrowthrateoftheglobalwheyprotein(powderandconcentrate)market during2023-2028?

3. Whatarethekeyfactorsdrivingtheglobalwheyprotein(powderandconcentrate)market?

4. WhathasbeentheimpactofCOVID-19ontheglobalwheyprotein(powderandconcentrate) market?

5. Whatisthebreakupoftheglobalwheyprotein(powderandconcentrate)marketbasedonthe type?

6. Whatisthebreakupoftheglobalwheyprotein(powderandconcentrate)marketbasedonthe application?

7. Whatarethekeyregionsintheglobalwheyprotein(powderandconcentrate)market?

8. Whoarethekeyplayers/companiesintheglobalwheyprotein(powderandconcentrate) market?

Clickheretovisitthecompletetableofcontentwithlistoffiguresandtables: https://www.imarcgroup.com/whey-protein-powder-and-concentrate-market/toc

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