Whey Protein Market

Global Whey Protein Market

Whey Protein Market- By Form, Grade, End Use, and Region.

Market Synopsis:

The Global Whey Protein Market is valued at USD 9.7 Billion in the year 2021 and is anticipated to reach a value of USD 16.4 Billion by the year 2028. The Global Market is projected to grow exhibiting a Compound Annual Growth Rate (CAGR) of 9.2% over the forecast period.

The watery component of milk that separates from the curds during the cheesemaking process is used to make whey protein. It's frequently used as a protein source. Whey Protein has been shown to improve dietary nutritional content as well as immune system performance. Whey Protein is frequently utilized to boost strength and athletic performance. Whey Protein is used to treat a range of diseases, including asthma, diabetes, and weight loss. The increased frequency of chronic illnesses as a result of changing lifestyles, particularly among the millennial population, is one of the key causes driving the adoption of protein-rich diets, which is predicted to boost demand for whey protein.

Manufacturers of sports nutritional supplements prefer the product because of its wide availability, rich amino profile, and ease of digestion. As a result, as demand for sports nutritional supplements develops, producers should expect prosperous prospects in the next years. Additionally, food fortification is the process of adding beneficial ingredients to a product in order to improve its functionality. Companies can improve food quality and address significant mineral and vitamin deficits in consumers through fortification. The rising demand for fortified and standardized foods and beverages is expected to boost the market for Whey Protein isolate.

Because of its skin-hydrating and hair-conditioning characteristics, the substance is widely used in the formulation of personal care products such as hair care and skin care. The favorable outlook of the global beauty and personal care market, owing to an increase in the number of working women and increased e-commerce penetration, is likely to favor product penetration in the personal care application area.

However, because it is made from milk, persons who are allergic to milk are likely to be allergic to this product as well. Alpha-lactalbumin and beta-lactoglobulin are the main allergens in whey. People who are allergic to milk often prefer other protein types, which limits the product's penetration.

Market Segmentation:

The Whey Protein Market is segmented on the basis of Form, Grade, and End-use. On the basis of Form, the market is segmented into Powder, Liquid, Nature, Organic, and Conventional. On the basis of End-use, the market is segmented into Infant formula and Baby Foods, Dietary supplements, Food Processing, Sports Nutrition, Beverages, and Others. On the basis of Grade, the market is segmented into Food Grade, Pharma Grade, and Feed Grade.