(Food-Beverage-News.Com, May 28, 2019 ) Whey products improve texture, enhance flavor and color, emulsify and stabilize, improve flow properties and dispersibility in dry mixes, help extend shelf-life and exhibit a range of other properties that increase food product quality. Whey proteins are high-quality proteins naturally found in dairy that can increase the nutritional value of dairy foods, bars, smoothies, sauces, dips and more. Whey protein ingredients include whey protein concentrate, whey protein isolate, hydrolyzed whey protein and so on. The key players are Arla Foods, Agropur Cooperative, Glanbia PLC, Fonterra, FrieslandCampina, Lactalis Ingredients, Valio, Foremost Farms, DMK Group, Leprino Foods, Euroserum, Devondale, Murray Goulburn, Hilmar Cheese Company, Carbery Group, Milk Specialties, Westland Milk Products, SachsenMilch and so on. Among them, Arla Foods, Agropur Cooperative and Glanbia PLC are the leaders.
Whey protein ingredients are globular proteins isolated from whey-the liquid material obtained as a byproduct of cheese production. Consumers are embracing these ingredients for high protein content as compared to soy, egg, and other milk-based proteins. Whey proteins are consumed globally as dietary supplements owing to various health claims associated with them. For instance, whey protein is generally used to improve lipid profile glucose levels and insulin response, thereby promoting arterial stiffness and a reduction in blood pressure. Moreover, whey protein concentration is regulated by the addition of denatured powder to provide balanced nutrition for the infants. In addition, these ingredients reduce hepatic cholesterol levels among the elderly. Growth in popularity of whey supplements among youngsters and emergence of whey protein-based pediatric milk formulations coupled with advancements in production technologies are some of the key factors that drive the market growth.
According to this study, over the next five years the Whey Protein Ingredients market will register a 9.1% CAGR in terms of revenue, the global market size will reach US$ 15500 million by 2024, from US$ 9200 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Whey Protein Ingredients business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Whey Protein Ingredients market by product type, application, key manufacturers and key regions and countries.
This study considers the Whey Protein Ingredients value and volume generated from the sales of the following segments:
Segmentation by product type: Whey Protein Concentrate Whey Protein Isolate Hydrolyzed Whey Protein Demineralized Whey Protein
Segmentation by application: Foods & Beverages Personal Care and Cosmetics Infant Nutrition Animal Feed Others
This report also splits the market by region: Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Spain Middle East & Africa Egypt South Africa Israel Turkey GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
The key manufacturers covered in this report: Arla Foods Agropur Cooperative Glanbia PLC Fonterra FrieslandCampina Lactalis Ingredients Valio Foremost Farms DMK Group Leprino Foods Euroserum Devondale Murray Goulburn Hilmar Cheese Company Carbery Group Milk Specialties Westland Milk Products SachsenMilch
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives: To study and analyze the global Whey Protein Ingredients consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024. To understand the structure of Whey Protein Ingredients market by identifying its various subsegments. Focuses on the key global Whey Protein Ingredients manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the Whey Protein Ingredients with respect to individual growth trends, future prospects, and their contribution to the total market. To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). To project the consumption of Whey Protein Ingredients submarkets, with respect to key regions (along with their respective key countries). To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. To strategically profile the key players and comprehensively analyze their growth strategies.
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