Whey Protein Market Worth US$ 75,952.5 Mn in 2026| CAGR 7% According To MarketResearch.Biz
Whey is fluid stay from milk after it has been coagulated and stressed from the milk solids. Whey protein is a blend of globular proteins separated from whey. Whey protein is generally consumed as a dietary supplement. Furthermore, it is fast to digest and contains high level of essential and branched chain amino acids and providing several health benefits. Types of whey protein include whey protein isolate, Whey protein concentrate, and Whey protein hydrolysates.
The global whey protein market was valued at US$ 9,184.9 million in 2017, and is expected to register a CAGR of over 7%. The report also offers insightful and detailed information regarding the various key players operating in the global whey protein market, and their financials, apart from strategies, acquisitions & mergers, and market footprint.
A major factor driving growth the global whey protein market is increasing popularity of protein consumption especially for mass gain, strength gain, and weight loss. In addition, whey protein provides necessary amino acids, carbohydrates which are needed for diet support and to improve immune system which is further propelling growth of the global whey protein market. Growing popularity among health conscious population and working females is further expected to drive growth of the global whey protein market to a significant extent over the forecast period.
The global whey protein market report has been segmented on the basis of type, application, and region. On the basis of region, the global whey protein market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
On the basis of type segmentation, whey protein hydrolysates segment is expected to contribute major revenue share and maintain its dominance over the forecast period. Whey protein is complete nutrition for weight loss as it decreasing the levels of the hunger hormone. Whey protein is one of best known body supplement and is used extensively by body builders, as it mixes with blood more rapidly as compared to other protein drinks.
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North America market is the largest market in terms of revenue and is expected to maintain its dominance during the forecast period in the global market, followed by Europe. The growth in North America is attributed to presence of major vendors. The market in Asia Pacific is projected to witness relatively high growth owing to increasing number of health consciousness people especially in countries such as India, China etc. In 2017, Europe accounted for the second largest revenue share contribution to the global whey protein market as consumers are becoming increasingly aware about the sport performance, along with seriousness about the after sport recovery which in turn is expected to boost the growth of the Europe whey protein market.
Key players profiled in the global whey protein market include Arla Foods, Axiom Foods Incorporation, Davisco Foods International Inc., DMK Group, Glanbia Plc, Hilmar Cheese Company, Kerry Group, Maple island Inc., Milk Specialties Global, and Westland Co-operative Dairy Company Limited.