Global Whey Protein (Powder and Concentrate) Market Report 2023: Sector to Reach $6.5 Billion by 2028 at a CAGR of 4.13%

Dublin, March 31, 2023 (GLOBE NEWSWIRE) -- The "Whey Protein (Powder and Concentrate) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to's offering.

The global whey protein (powder and concentrate) market size reached US$ 5.1 Billion in 2022. Looking forward, the analyst expects the market to reach US$ 6.5 Billion by 2028, exhibiting a CAGR of 4.13% during 2022-2028.

Companies Mentioned

  • 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

Whey protein is derived from whey, a watery portion of milk that separates from the curds during cheese production. It boosts muscle mass, maintains blood sugar levels, promotes weight loss, reduces inflammation, and helps in the treatment of diabetes. As it aids in improving athletic performance and boosting strength, whey protein is gaining traction among athletes and sports enthusiasts around the world.

The expanding purchasing power and the increasing adoption of a healthy and nutritious diet are among the major factors positively influencing the demand for whey protein worldwide. In addition, it is widely used in the preparation of shakes, muffins, cupcakes, smoothies, pancakes, coffee, and spreads, which are served across commercial food outlets.

This, in confluence with the burgeoning food and beverage (F&B) industry, is contributing to the market growth. Moreover, the rising awareness about the health benefits of consuming whey protein and the growing health consciousness among the masses are driving the market.

Furthermore, as it is utilized in the manufacturing of baby food and infant formula, increasing concerns of parents about the balanced nutrition of their children are creating a positive outlook for the market. Besides this, the rising consumption of dietary supplements in daily routine for maintaining overall health is favoring the market growth.

Apart from this, product manufacturers are introducing novel variants in innovative flavors like coconut, caramel, chocolate, cranberry, and coffee to expand their product portfolio. They are also focusing on providing whey protein-based beverages and bakery products through online retail channels. This, in confluence with the thriving e-commerce industry, is offering lucrative growth opportunities to industry investors.

Key Questions Answered in This Report
1. What was the size of the global whey protein (powder and concentrate) market in 2022?
2. What is the expected growth rate of the global whey protein (powder and concentrate) market during 2023-2028?
3. What are the key factors driving the global whey protein (powder and concentrate) market?
4. What has been the impact of COVID-19 on the global whey protein (powder and concentrate) market?
5. What is the breakup of the global whey protein (powder and concentrate) market based on the type?
6. What is the breakup of the global whey protein (powder and concentrate) market based on the application?
7. What are the key regions in the global whey protein (powder and concentrate) market?
8. Who are the key players/companies in the global whey protein (powder and concentrate) market?

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Whey Protein Industry
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Impact of COVID-19
5.4 Price Analysis
5.4.1 Key Price Indicators
5.4.2 Price Structure
5.4.3 Price Trends
5.5 Market Breakup by Type
5.6 Market Breakup by Application
5.7 Market Breakup by Region
5.8 Market Forecast
5.9 SWOT Analysis
5.10 Value Chain Analysis
5.11 Porter's Five Forces Analysis
5.12 Key Success Factors and Risk Factors

6 Market Breakup by Type
6.1 Whey Protein Concentrate
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Whey Protein Isolate
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Whey Protein Hydrolysates
6.3.1 Market Trends
6.3.2 Market Forecast

7 Market Breakup by Application
7.1 Food and Beverages
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Nutrition Products and Pharmaceuticals
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Feed Applications
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast

8 Market Breakup by Region

9 Competitive Landscape
9.1 Market Structure
9.2 Key Players

10 Whey Protein Manufacturing Process
10.1 Product Overview
10.2 Detailed Process Flow
10.3 Various Types of Unit Operations Involved
10.4 Mass Balance and Raw Material Requirements

11 Project Details, Requirements and Costs Involved
11.1 Land Requirements and Expenditures
11.2 Construction Requirements and Expenditures
11.3 Plant Machinery
11.4 Machinery Pictures
11.5 Raw Material Requirements and Expenditures
11.6 Raw Material and Final Product Pictures
11.7 Packaging Requirements and Expenditures
11.8 Transportation Requirements and Expenditures
11.9 Utility Requirements and Expenditures
11.10 Manpower Requirements and Expenditures
11.11 Other Capital Investments

12 Loans and Financial Assistance

13 Project Economics
13.1 Capital Cost of the Project
13.2 Techno-Economic Parameters
13.3 Product Pricing and Margins Across Various Levels of the Supply Chain
13.4 Taxation and Depreciation
13.5 Income Projections
13.6 Expenditure Projections
13.7 Financial Analysis
13.8 Profit Analysis

14 Key Player Profiles

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