whey protein market size, demand & opportunity analysis outlook 2021
TRANSCRIPT
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Global Whey Protein Market Outlook:
Industry Insights & Opportunity Evaluation,
2015-2021
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Global Whey Protein Market Overview
Whey protein is a blend of globular proteins derived from
whey, the liquid formed as a by-product of cheese
production. Whey protein contains high protein substance
as compared to egg, soy and other milk created proteins.
This protein can be consumed by babies and adults.
Global whey protein market was estimated at a value of
USD 5.9 Billion in 2015 and the market is projected to
reach USD8.8 Billion by 2021, with estimated compound
annual growth rate (CAGR) of 7.6%. Global whey protein
production amounted to 280 Million MT in 2015 and rate
of production anticipated to rise 3.7% yearly.
Market Segmentation
By Type
On the basis of Types, the global whey protein market is
segmented are as follows:
Isolate (WPI)
Concentrate (WPC)
Hydrolysates (WPH)
Native Whey
By Application
On the basis of application, the global whey protein
market is segmented are as follows:
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Healthcare
Nutritional
Personal Care
Feed
Food
Pharmaceutical Industry
By Region
On the basis of region, the global whey protein market is
segmented are as follows:
North America
Europe
Asia-Pacific
Middle East And North Africa
Rest of world
Growth drivers and challenges
Increasing demand for dairy-based products, rising
demand for pediatric foods and increasing awareness
about health among population and rise in the popularity
of protein utilization are the main factors drive the growth
of global whey protein market over the forecasted period
In addition, increasing importance of 'ready to drink' and
energy boosting products and rising disposable income
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also grow the demand for global whey protein market in
future.
Extreme production cost, health & safety affects,
governing concerns and certifications are compulsory for
marketing are the main challenges for the global whey
protein market in upcoming years.
Market size
North America whey protein market dominates with, 35%
of the market share in 2014. North American whey protein
market was expected to reach at USD1780.6 Million in
2015 and is projected to reach USD2829 Million by 2021,
with a CAGR of 7.9%. The U.S is the major market of whey
protein in this region.
Asia-Pacific whey protein market is growing rapidly owing
to the growing of health concern and increase in
disposable income. Asia-Pacific whey protein market
accounted 18.9% share of the global whey protein market
.Asia-Pacific reached USD 1217.3 Million revenue in 2015
and is estimated grow with a CAGR of 10.2% in the year
2021.
The Europe whey protein market grows at an average rate.
Europe whey protein market is driven by the growing
awareness towards whey proteins and rising demand for
food and beverages.
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Key Players
The major key players of the global whey protein market
are as follows:
Hilmar Cheese Company
Glanbia
Davisco Foods International Inc.
Milk Specialties Global
Maple Island Inc.
Scope and Context
Overview of the Parent Market
Analyst View
Market Size and Growth
North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of Latin America)
Western and Eastern Europe (Germany, Italy, Spain,
France, U.K, Benelux, Hungary, Rest Of Western
Europe, Russia Poland, Rest of Eastern Europe)
Asia-Pacific (China, India, Singapore, Japan, Australia
& New Zealand & Rest of Asia)
Rest of World
Segmentation
By Types
By Application
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By Region
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their
Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in
current dynamic environment
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protein-market-analysis-opportunity-outlook-2021/114
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