Whey Protein Ingredients Market Growth - By Nature, By Type, By Application, By Product - Regional Outlook, Competitive Strategies and Segment Forecasts to 2032

Whey Protein Ingredients Market Growth - By Nature, By Type, By Application, By Product - Regional Outlook, Competitive Strategies and Segment Forecasts to 2032

Global Whey Protein Ingredients Market Overview:

According to SPER Market Research, the Whey Protein Ingredients Market is estimated to reach USD 15.98 billion by 2032 with a CAGR of 10.5%. Whey protein components are globular proteins that have been separated from the whey, the liquid substance produced as a byproduct of making cheese. Compared to soy, egg, and other milk-based proteins, these components have a higher protein concentration, which is why consumers prefer them. Whey proteins are used as dietary supplements all over the world because they have several health benefits.

Impact of COVID-19 on the Global Whey Protein Ingredients Market

Consumer demand for protein-rich foods remained steady. The new coronavirus epidemic has, nevertheless, had a favourable impact on the market's expansion. The consumer knowledge of the need of developing a healthy immune system might be ascribed to the market expansion of whey protein components. More than four out of five consumers agree that the coronavirus epidemic has impacted their eating habits, causing them to prepare, eat, purchase, and think about food differently.

Scope of the Report:

Market size available for years 2019-2032
Base year considered 2021
Forecast period 2022-2032

Segments covered By Nature, By Type, By Application, By Product

Regions covered North America, Europe, Asia Pacific, Latin America, Middle East and Africa

Companies Covered Archer Daniels Midland Company, Arla Foods, Burcon NutraScience, Carberry Food Ingredients, Cargill Incorporation, CHS Inc., Dairy Farmers of America, Davisco Food International.

Global Whey Protein Ingredients Market Segmentation:

By Nature:Based on the Nature, Global Whey Protein Ingredients Market is segmented as; Organic and Conventional.

By Type:Based on the Type, Global Whey Protein Ingredients Market is segmented as; Whey Protein Concentrate (WPC 80 and WPC 35), Whey Protein Isolate, Hydrolyzed Whey Protein, Demineralized Whey Protein.

By Region:With about two-fifths of the market, North America held the biggest revenue share in the previous year and is expected to maintain its position of dominance going forward. Additionally, it is anticipated that Asia-Pacific would see the fastest growth rate during the projection period.