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Kerry Group plc was founded in 1985 and is headquartered in Ireland. Its two business segments, “Taste & Nutrition” and “Dairy Ireland” provide tasty solutions for enhancing the nutritional value of food and specialise in the production of processed dairy products like whey protein for consumer use. Its manufacturing plants are present in 147 locations across the world, and they distribute their products across major markets including the USA, Europe, and the Middle and Africa, among others.
Noumi Limited was founded in 1984 and is headquartered in Sydney, Australia. Its two business segments “Dairy and Nutrition” and “Plant Based Beverages” provide ultra-high temperature (UHT) processed dairy beverages, performance boosting powders, and food products like soy, oat, and coconut. Some of its most popular brand names include MILKLAB, Vital Strength, and So Natural. It distributes its products both domestically and internationally.
Saputo Inc. was founded in 1992 and is headquartered in Montreal, Canada. It is mainly engaged in the business of manufacturing dairy products like cheese, cream, and processed milk, among others. It has four geographic divisions for production and distribution of products which includes Canada, the USA, Europe, and Australia and Argentina.
Other Australia whey protein market players include Glanbia plc, LACTALIS Ingredients, Royal FrieslandCampina N.V., Fonterra Co-Operative Group Limited, Bioflex Nutrition Pty Ltd., Stillone Investment Group Pty Ltd. (Protein Supplies Australia), and Australian Natural Protein Company, among others.
Australia Whey Protein Market Size
Australia Whey Protein Market Trends
Australia Whey Protein Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market reached an approximate value of USD 42.24 billion.
The market is estimated to grow at a CAGR of 10.7% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 105.46 billion by 2032.
The market is being driven by the evolving consumer choices regarding food and beverages, the rising awareness about healthy diet, and increasing consumption of health supplements.
The key trends aiding the market expansion include increasing product demand for sports nutrition and rising consumption by vegetarians as a source of protein.
The major types are whey protein isolates, whey protein concentrates, and whey protein hydrolysates.
Whey protein finds applications in sports nutrition, dietary supplements, infant formula, food additives, and beverages, among others.
The key players in the market are Glanbia plc, LACTALIS Ingredients, Royal FrieslandCampina N.V., Fonterra Co-Operative Group Limited, Kerry Group plc, Bioflex Nutrition Pty Ltd., Stillone Investment Group Pty Ltd. (Protein Supplies Australia), Noumi Limited, Saputo Inc., and Australian Natural Protein Company, among others.
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Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124