Whey Protein Market Size, Share, Analysis, Industry Report and Forecast 2020-2026
The global whey protein market projected to grow at a significant CAGR during the forecast period. Whey protein is considered a complete protein as it contains all 9 essential amino acids (the most important are Alpha-lactoglobulin and Beta-lactalbumin), vitamins (thiamine-B1, riboflavin-B2 and pyridoxine-B6), and minerals (calcium, phosphorus and sodium). The key factors that primarily influence the market growth include the increase in awareness concerning health management among the global population along with frequently developing lifestyle-related diseases such as obesity, heart disease, asthma, cancer, and cholesterol-related disorder across the globe. Further, the rising use of whey protein in the dairy industry is further anticipated to provide substantial growth to the market.
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Obesity is one of the major lifestyle-oriented problems which one of the
leading causes of CVD. According to WHO, in 2016, nearly 2 billion people, 18
years and older were obese and these numbers are projected to increase in the
future. According to the estimation of the World Obesity Federation (WOF), 2.7
billion adults will be overweight, over 1 billion affected by obesity, and 177
million adults severely affected by obesity by 2025. There can be various
reasons for weight gain or obesity one of these is a deficiency of nutritious
supplements. As per the study of 158 people, published in Nutrition &
Metabolism, people that were having a daily intake of whey protein had shown
measurable fat loss and showed greater preservation of lean muscle.
Therefore, the rising obese population across the globe is expected to drive the demand for such products which in turn will drive the growth of the global whey protein market. Glanbia plc, Fonterra Co-operative Group Ltd., Arla Foods Ingredients Group P/S, Agropur Inc., Titan Biotech Ltd., LACTALIS Ingredients SNC, Charotar Casein Company, Euroserum, Supley Laboratorio de Alimentos & Suplementos Nutriciona, Hilmar Cheese Company, Maple Island Inc., Saputo Inc., Davisco Foods International Inc., and so on are the key vendors that are offering whey protein-based products across the globe. These players are actively adopting different growth strategies such as mergers & acquisitions, product launch, partnership, and product launch among others to remain competitive in the marketplace.
·
In May
2018, Supley Laboratorio de Alimentos & Suplementos Nutricionais had made
the acquisition of the Probiotica Laboratories. The acquisition was done by the
company to perform the expansion of its products in the sports nutrition
segment with the addition of Probiotica brands to its product portfolio.
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Global Whey
Protein Market Segmentation
·
Whey
Protein Concentrate
·
Whey
Protein Isolate
·
Hydrolyzed
Whey Protein
By
Application
·
Sports
and Performance Nutrition
·
Infant
Formula
·
Functional/Fortified
Food
Global Whey
Protein Market – Segment by Region
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of The World
·
Latin America
·
Middle
East & Africa
Company
Profiles
·
Agropur,
Inc.
·
Alpavit
(To Champignon-Hofmeister Company Group)
·
Arla
Foods Ingredients Group P/S
·
Axiom
Foods, Inc.
·
Carbery
Group
·
Charotar
Casein Company
·
DMK
Group
·
EUROSERUM
·
Fonterra
Co-operative Group, Ltd.
·
Friesland
Campina Ingredients
·
Glanbia
plc
·
Hilmar
Cheese Company, Inc.
·
LACTALIS
Ingredients SNC
·
Saputo
Inc.
·
Supley
Laboratoriode Alimentos & Suplementos Nutriciona
·
Titan
Biotech, Ltd.
·
Valio,
Ltd.
·
Westland
Dairy Co., Ltd.
·
Wheyco
GmbH
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