Global Whey Product Market Growth 2023-2029

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

This Insight Report provides a comprehensive analysis of the global Whey Product 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 Product portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Whey Product market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Whey Product 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 Product.

The global Whey Product 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 Product market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Ricotta Cheese
Whey Protein
Whey Powder
Lactose
Other

Segmentation by application
Young Animal Feed
Infant Formula
Functional Drink
Meat Processing
Other

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.
Fonterra
Murray Goulburn
Valio
Euroserum
Glanbia Nutritionals
Davisco Foods Internationa
Land O'Lakes
China Animal Husbandry Group

Key Questions Addressed in this Report

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

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

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

How do Whey Product market opportunities vary by end market size?

How does Whey Product 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.