MarkNtel Advisors recently published a detailed industry analysis of the Whey Protein Market. The report covers growth trends, regional marketing strategies, challenges, opportunities, and drivers influencing the market.
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Insights and Analysis of the Whey Protein Market (2024-2030)
The Global Whey Protein Market size was valued at USD 6.5 Billion in 2023 and is projected to reach USD 19.2 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 9% during the forecast period, i.e., 2024-30.
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Global Whey Protein Market Driver:
Growing Health Consciousness to Thrive the Industry Growth – Increased awareness about health & fitness, coupled with the desire for muscle gain, weight loss, and overall well-being has led consumers to integrate protein supplements like whey into their diets proactively. The numerous health benefits of whey protein, including its pivotal role in muscle building, weight management, and immune system support have propelled its demand among these health-conscious individuals. It is a versatile option that aligns with diverse dietary preferences and fitness goals.
What segments define the Whey Protein market from 2024 to 2030? How do these segments contribute to market dynamics and growth?
-By Product Type
-Whey Protein Concentrate (WPC)- Market Size & Forecast 2019-2030, USD Million
-Whey Protein Isolate (WPI)- Market Size & Forecast 2019-2030, USD Million
-Whey Protein Hydrolysate (WPH)- Market Size & Forecast 2019-2030, USD Million
-By Application
-Sports Nutrition- Market Size & Forecast 2019-2030, USD Million
-Food & Beverages- Market Size & Forecast 2019-2030, USD Million
-Dietary Supplements- Market Size & Forecast 2019-2030, USD Million
-Animal Feed- Market Size & Forecast 2019-2030, USD Million
-By Distribution Channel
-Online Stores- Market Size & Forecast 2019-2030, USD Million
-Supermarkets/Hypermarkets- Market Size & Forecast 2019-2030, USD Million
-Pharmacies- Market Size & Forecast 2019-2030, USD Million
-Specialty Stores- Market Size & Forecast 2019-2030, USD Million
-By Region
-North America
-South America
-Europe
-The Middle East & Africa
-Asia-Pacific
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Who are the leading key players shaping the Whey Protein Market landscape?
ALPAVIT, Hilmar Cheese Company, Inc., Glanbia PLC, wheyco GmbH, Arla Foods Ingredients Group P/S, Milk Specialties Global, Fonterra Co-Operative Group Limited, Carbery Group, LACTALIS Ingredients, Agropur Cooperative, Saputo Inc., Nestle S.A., NOW® International, MusclePharm, AS-IT-IS Nutrition, and Others
Global Whey Protein Market Recent Development:
2024: Nestlé SA debuted its first precision fermentation dairy protein powder, an animal-free and lactose-free whey isolate product dubbed Better Whey under the Orgain brand in the US.
2024: SCI-MX, launched a new Clear Whey Protein Isolate in the UK.Q
Questions Addressed in this Study
1.What factors are driving the Whey Protein Market growth?
2.What are the key insights into the current trends in the Whey Protein Market?
3.What is the current size of the Whey Protein Market, and how is it projected to change in the future?
4.What is the future outlook for the Whey Protein Market in terms of technological advancements and market expansion?
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