Outlook on the Whey Protein Ingredients Global Market to 2027 –

On Oct 1, 2021

DUBLIN, October 01, 2021–(BUSINESS WIRE)–The “Whey Protein Ingredients – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.

Amid the COVID-19 crisis, the global market for Whey Protein Ingredients estimated at US$9.7 Billion in the year 2020, is projected to reach a revised size of US$16.4 Billion by 2027, growing at a CAGR of 7.8% over the analysis period 2020-2027.

Whey Protein Concentrate, one of the segments analyzed in the report, is projected to record a 8.9% CAGR and reach US$6.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Whey Protein Isolate segment is readjusted to a revised 7.1% CAGR for the next 7-year period.

The U.S. Market is Estimated at $2.6 Billion, While China is Forecast to Grow at 11.9% CAGR

The Whey Protein Ingredients market in the U.S. is estimated at US$2.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.7 Billion by the year 2027 trailing a CAGR of 11.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5% CAGR.

Hydrolyzed Whey Protein Segment to Record 7.8% CAGR

In the global Hydrolyzed Whey Protein segment, USA, Canada, Japan, China and Europe will drive the 7.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.5 Billion in the year 2020 will reach a projected size of US$2.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.3 Billion by the year 2027, while Latin America will expand at a 9.2% CAGR through the analysis period.

Select Competitors (Total 77 Featured):

Arla Foods Ingredients Group P/S
Carbery Food Ingredients
Cargill Inc.
Dairy Farmers of America Inc.
Davisco Foods International Inc.
Foremost Farms USA
Glanbia Plc
Grande Custom Ingredients Group
Hilmar Cheese Company
MG Nutritionals
Royal FrieslandCampina
Valio Ltd.
Volac International Ltd.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

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