Global Whey Market Growth 2023-2029

Global Whey Market Growth 2023-2029

Whey is the watery liquid that remains after the coagulation of the casein proteins in cheese making. Whey contains most of the lactose and about 20% of the protein in milk. It is mainly consisted of lactose, proteins and minerals.

LPI (LP Information)' newest research report, the “Whey Industry Forecast” looks at past sales and reviews total world Whey sales in 2022, providing a comprehensive analysis by region and market sector of projected Whey sales for 2023 through 2029. With Whey sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Whey industry.

This Insight Report provides a comprehensive analysis of the global Whey landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Whey portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Whey market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Whey and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Whey.

The global Whey market size is projected to grow from US$ 96750 million in 2022 to US$ 126820 million in 2029; it is expected to grow at a CAGR of 126820 from 2023 to 2029.

Global Whey key players include Arla Foods, Lactalis Ingredients, Euroserum, Leprino Foods Company, Hilmar Cheese Company, Fonterra, Glanbia Nutritionals, Friesl and Campina, Bongrain Group, Saputo Ingredients, etc. Global top ten manufacturers hold a share over 15%.

Europe is the largest market, with a share over 55%, followed by US and Oceania, both have a share about 35%.

In terms of product, Sweet whey is the largest segment, with a share over 55%. And in terms of application, the largest application is Food, followed by Feed, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Whey market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Acid Whey

Sweet Whey

Demineralized Whey

Non-Demineralized Whey

Segmentation by application

Pharma

Nutrition

Health Care

Personal Care

Food

Feed

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Euroserum

FrieslandCampina

Lactalis Ingredients

Hilmar Cheese Company

DMK

Arla Foods

Fonterra

Volac

Leprino Foods Company

Saputo Ingredients

Davisco Foods

Agropur

Glanbia Nutritionals

Devondale Murray Goulburn

Swiss Valley Farms

Sachsenmilch Leppersdorf

Valio

Bongrain Group

Associated Milk Producers

Carbery

Land O'Lakes

Brewster Cheese Company

MILEI

Dairygold Co-Operative Society

DOC Kaas

Key Questions Addressed in this Report

What is the 10-year outlook for the global Whey market?

What factors are driving Whey market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Whey market opportunities vary by end market size?

How does Whey break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.