Whey Protein Market to Reach US$ 13.9 Billion by 2030, Boosted by Fitness Frenzy and Functional Focus, Says RationalStat

According to RationalStat’s recent industry analysis, the Global Whey Protein Market value is estimated at US$ 8.3 billion in 2023 and is expected to rise at a strong CAGR of over 7.6% over the forecast period of 2023-2030.

Market Definition, Market Scope, and Report Overview                                                           

whey protein is a high-quality protein derived from milk during the cheese-making process. It is a byproduct of the separation of milk into curds and whey. Whey protein is known for its complete amino acid profile, rich in essential amino acids, and easily digestible nature.

The global focus on health and wellness has driven the demand for nutritional supplements, including whey protein. Consumers are increasingly seeking products that support their overall well-being and fitness goals, contributing to the growth of the whey protein market.

According to a deep-dive market assessment by RationalStat, the global whey protein market has been analyzed on the basis of market segments, including product type, nature, end user, and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.

  • Market intelligence for the global whey protein market covers market sizes on the basis of market value (US$/EUR Million), volume (Tons) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
  • In addition, the long-term sector and products/services 10-year outlook and its implications on the global whey protein It also includes the industry's current state – Production levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.

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Global Whey Protein Market: Segmental and Market Share Analysis

  • On the basis of end user, sports nutrition segment dominated the global industry in 2022 and accounted for highest revenue share of more than 20%.

Report Synopsis

Report Metrics

Details

Base Year

2023

Forecast Period

2023-2030

Base Year Market Size

US$ 8.3 billion

Market Size Forecast

US$ 13.9 billion

Growth Rate

7.6%

Dominant Segment

Sports Nutrition

Dominant Region

North America  

Key Market Drivers

·        Rising interest in sports nutrition

·        Growing trends of health and wellness

Companies Profiled

  • Hilmar Cheese Company
  • Alpavit
  • Maple Island Inc
  • Glanbia
  • Wheyco GmbH
  • Saputo Inc
  • Fonterra Cooperative Group Ltd
  • Milk Speciality Globals
  • Milkaut SA
  • Davisco Foods International Inc.

 

 


Dorinda Erwin

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