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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Whey Protein Concentrate Market Size
The global whey protein concentrate market reached around 1,348.9 KMT in 2023. The market is further estimated to grow at a CAGR of 3.5% during the forecast period of 2024-2032, to attain a volume of about 1,638.7 KMT by 2032.
Key Takeaways
- Whey protein is a source of essential amino acids and other nutrients, due to which it is used in infant formula to support infant health.
- The probiotic benefits offered by whey protein are expected to increase its adoption to improve intestinal disorders and digestive health.
- There is an increasing demand for whey protein to improve athletic performance, increase lean muscle, and enhance post-workout recovery, among others.
As whey protein concentrate has functional characteristics and high nutritional value, it is used as a stabiliser and fat substitute in food products like yoghurts, ice creams, and bakery goods, among others. It is also used to enhance the creaminess of food products.
The increasing health concerns and the growing prevalence of chronic diseases are driving the use of whey protein concentrate in food and nutraceutical applications.
Whey Protein Concentrate Market Report Snapshots
Whey Protein Concentrate Market Size
Whey Protein Concentrate Market Trends
Whey Protein Concentrate Companies
Whey Protein Concentrate Market Regional Analysis
*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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Key Questions Answered in the Report
The market reached a volume of 1,348.9 KMT in 2023.
The market is further expected to grow at a CAGR of 3.5% during the forecast period of 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a volume of about 1,638.7 KMT by 2032.
The compositions include WPC 30%-50%, WPC 50%-80%, and others.
The key regional markets for whey protein concentrate are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The end uses include infant formula and baby foods, dietary supplements, food processing, sports nutrition, beverages, and others.
The distribution channels are pharmacy, hypermarket and supermarket, online, convenience store, and others.
The key players in the market include Fonterra Co-Operative Group Limited, LACTALIS Ingredients, Saputo Inc., Hilmar Cheese Company, Inc., Arla Foods Ingredients Group P/S, Glanbia PLC, and Agropur Cooperative, among others.
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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