The global whey protein market size accounted for US$ 12.41 Bn in 2022 and is projected to reach around USD 21.36 Bn by 2032, growing at a CAGR of 5.58% from 2023 to 2032.
Report Summary
The global whey protein market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.
The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the whey protein market across the globe.
A comprehensive estimate on the whey protein market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of whey protein during the forecast period. Price point comparison by region with global average price is also considered in the study.
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Whey Protein Market Report Scope
Report Coverage | Details |
Market Size in 2023 | USD 13.1 Billion |
Market Size by 2032 | USD 21.36 Billion |
Growth Rate from 2023 to 2032 | CAGR of 5.58% |
Largest Market | North America |
Base Year | 2022 |
Forecast Period | 2023 to 2032 |
Segments Covered | By Type, By Application, By Distribution Channel and By End Users |
Key Highlights:
Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized whey protein market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.
Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.
Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.
Also Read: Mailer Packaging Market Size To Cross USD 87.32 Bn By 2032
Whey Protein Market Players
The report includes the profiles of key whey protein market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.
Major companies operating in this area
- Glanbia plc. (Ireland)
- Now Health Group, Inc. (U.S.)
- Nutiva Inc (U.S.)
- The Simply Good Food Co (U.S.)
- Iovate Health Sciences International Inc. (Canada)
- MusclePharm Corporation (U.S.)
- Kerry Group Plc (Ireland)
- CytoSport, Inc. (U.S.)
- The Nature’s Bounty Co. (U.S.)
- Reliance Vitamin Company, Inc. (U.S.)
- Herbalife Nutrition, Inc. (U.S.)
- Danone SA (France)
- General Nutrition Centers (GNC) Holdings, Inc. (U.S.)
- Orgain Inc. (U.S.)
- True Nutrition (U.S.)
Market Segmentation
By Type
- Isolates
- Concentrates
- Demineralized
- Hydrolysate
By Application
- Nutritional
- Personal Care
- Food
- Feed
- Infant Formula
- Sports and Performance Nutrition
- Functional/Fortified Food
By Distribution channel
- Supermarkets/Hypermarkets
- Convenience Stores
- Specialty Stores
- Online Stores
- Other Distribution Channels
By End Users
- Athletes
- Bodybuilders
- Lifestyle Users
Regional Segmentation
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
- Latin America (Brazil and Rest of Latin America)
- Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Research Methodology
Secondary Research
It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.
The secondary research sources referred in the process are as follows:
- Governmental bodies, and organizations creating economic policies
- National and international social welfare institutions
- Company websites, financial reports and SEC filings, broker and investor reports
- Related patent and regulatory databases
- Statistical databases and market reports
- Corporate Presentations, news, press release, and specification sheet of Manufacturers
Primary Research
Primary research includes face-to-face interviews, online surveys, and telephonic interviews.
- Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
- In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Whey Protein Market
5.1. COVID-19 Landscape: Whey Protein Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Whey Protein Market, By Type
8.1. Whey Protein Market, by Type, 2023-2032
8.1.1. Isolates
8.1.1.1. Market Revenue and Forecast (2023-2032)
8.1.2. Concentrates
8.1.2.1. Market Revenue and Forecast (2023-2032)
8.1.3. Demineralized
8.1.3.1. Market Revenue and Forecast (2023-2032)
8.1.4. Hydrolysate
8.1.4.1. Market Revenue and Forecast (2023-2032)
Chapter 9. Global Whey Protein Market, By Application
9.1. Whey Protein Market, by Application, 2023-2032
9.1.1. Nutritional
9.1.1.1. Market Revenue and Forecast (2023-2032)
9.1.2. Personal Care
9.1.2.1. Market Revenue and Forecast (2023-2032)
9.1.3. Food
9.1.3.1. Market Revenue and Forecast (2023-2032)
9.1.4. Feed
9.1.4.1. Market Revenue and Forecast (2023-2032)
9.1.5. Infant Formula
9.1.5.1. Market Revenue and Forecast (2023-2032)
9.1.6. Sports and Performance Nutrition
9.1.6.1. Market Revenue and Forecast (2023-2032)
9.1.7. Functional/Fortified Food
9.1.7.1. Market Revenue and Forecast (2023-2032)
Chapter 10. Global Whey Protein Market, By Distribution channel
10.1. Whey Protein Market, by Distribution channel, 2023-2032
10.1.1. Supermarkets/Hypermarkets
10.1.1.1. Market Revenue and Forecast (2023-2032)
10.1.2. Convenience Stores
10.1.2.1. Market Revenue and Forecast (2023-2032)
10.1.3. Specialty Stores
10.1.3.1. Market Revenue and Forecast (2023-2032)
10.1.4. Online Stores
10.1.4.1. Market Revenue and Forecast (2023-2032)
10.1.5. Other Distribution Channels
10.1.5.1. Market Revenue and Forecast (2023-2032)
Chapter 11. Global Whey Protein Market, By End Users
11.1. Whey Protein Market, by End Users, 2023-2032
11.1.1. Athletes
11.1.1.1. Market Revenue and Forecast (2023-2032)
11.1.2. Bodybuilders
11.1.2.1. Market Revenue and Forecast (2023-2032)
11.1.3. Lifestyle Users
11.1.3.1. Market Revenue and Forecast (2023-2032)
Chapter 12. Global Whey Protein Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Type (2023-2032)
12.1.2. Market Revenue and Forecast, by Application (2023-2032)
12.1.3. Market Revenue and Forecast, by Distribution channel (2023-2032)
12.1.4. Market Revenue and Forecast, by End Users (2023-2032)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Type (2023-2032)
12.1.5.2. Market Revenue and Forecast, by Application (2023-2032)
12.1.5.3. Market Revenue and Forecast, by Distribution channel (2023-2032)
12.1.5.4. Market Revenue and Forecast, by End Users (2023-2032)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Type (2023-2032)
12.1.6.2. Market Revenue and Forecast, by Application (2023-2032)
12.1.6.3. Market Revenue and Forecast, by Distribution channel (2023-2032)
12.1.6.4. Market Revenue and Forecast, by End Users (2023-2032)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Type (2023-2032)
12.2.2. Market Revenue and Forecast, by Application (2023-2032)
12.2.3. Market Revenue and Forecast, by Distribution channel (2023-2032)
12.2.4. Market Revenue and Forecast, by End Users (2023-2032)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Type (2023-2032)
12.2.5.2. Market Revenue and Forecast, by Application (2023-2032)
12.2.5.3. Market Revenue and Forecast, by Distribution channel (2023-2032)
12.2.5.4. Market Revenue and Forecast, by End Users (2023-2032)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Type (2023-2032)
12.2.6.2. Market Revenue and Forecast, by Application (2023-2032)
12.2.6.3. Market Revenue and Forecast, by Distribution channel (2023-2032)
12.2.6.4. Market Revenue and Forecast, by End Users (2023-2032)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Type (2023-2032)
12.2.7.2. Market Revenue and Forecast, by Application (2023-2032)
12.2.7.3. Market Revenue and Forecast, by Distribution channel (2023-2032)
12.2.7.4. Market Revenue and Forecast, by End Users (2023-2032)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Type (2023-2032)
12.2.8.2. Market Revenue and Forecast, by Application (2023-2032)
12.2.8.3. Market Revenue and Forecast, by Distribution channel (2023-2032)
12.2.8.4. Market Revenue and Forecast, by End Users (2023-2032)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Type (2023-2032)
12.3.2. Market Revenue and Forecast, by Application (2023-2032)
12.3.3. Market Revenue and Forecast, by Distribution channel (2023-2032)
12.3.4. Market Revenue and Forecast, by End Users (2023-2032)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Type (2023-2032)
12.3.5.2. Market Revenue and Forecast, by Application (2023-2032)
12.3.5.3. Market Revenue and Forecast, by Distribution channel (2023-2032)
12.3.5.4. Market Revenue and Forecast, by End Users (2023-2032)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Type (2023-2032)
12.3.6.2. Market Revenue and Forecast, by Application (2023-2032)
12.3.6.3. Market Revenue and Forecast, by Distribution channel (2023-2032)
12.3.6.4. Market Revenue and Forecast, by End Users (2023-2032)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Type (2023-2032)
12.3.7.2. Market Revenue and Forecast, by Application (2023-2032)
12.3.7.3. Market Revenue and Forecast, by Distribution channel (2023-2032)
12.3.7.4. Market Revenue and Forecast, by End Users (2023-2032)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Type (2023-2032)
12.3.8.2. Market Revenue and Forecast, by Application (2023-2032)
12.3.8.3. Market Revenue and Forecast, by Distribution channel (2023-2032)
12.3.8.4. Market Revenue and Forecast, by End Users (2023-2032)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Type (2023-2032)
12.4.2. Market Revenue and Forecast, by Application (2023-2032)
12.4.3. Market Revenue and Forecast, by Distribution channel (2023-2032)
12.4.4. Market Revenue and Forecast, by End Users (2023-2032)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Type (2023-2032)
12.4.5.2. Market Revenue and Forecast, by Application (2023-2032)
12.4.5.3. Market Revenue and Forecast, by Distribution channel (2023-2032)
12.4.5.4. Market Revenue and Forecast, by End Users (2023-2032)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Type (2023-2032)
12.4.6.2. Market Revenue and Forecast, by Application (2023-2032)
12.4.6.3. Market Revenue and Forecast, by Distribution channel (2023-2032)
12.4.6.4. Market Revenue and Forecast, by End Users (2023-2032)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Type (2023-2032)
12.4.7.2. Market Revenue and Forecast, by Application (2023-2032)
12.4.7.3. Market Revenue and Forecast, by Distribution channel (2023-2032)
12.4.7.4. Market Revenue and Forecast, by End Users (2023-2032)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Type (2023-2032)
12.4.8.2. Market Revenue and Forecast, by Application (2023-2032)
12.4.8.3. Market Revenue and Forecast, by Distribution channel (2023-2032)
12.4.8.4. Market Revenue and Forecast, by End Users (2023-2032)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Type (2023-2032)
12.5.2. Market Revenue and Forecast, by Application (2023-2032)
12.5.3. Market Revenue and Forecast, by Distribution channel (2023-2032)
12.5.4. Market Revenue and Forecast, by End Users (2023-2032)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Type (2023-2032)
12.5.5.2. Market Revenue and Forecast, by Application (2023-2032)
12.5.5.3. Market Revenue and Forecast, by Distribution channel (2023-2032)
12.5.5.4. Market Revenue and Forecast, by End Users (2023-2032)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Type (2023-2032)
12.5.6.2. Market Revenue and Forecast, by Application (2023-2032)
12.5.6.3. Market Revenue and Forecast, by Distribution channel (2023-2032)
12.5.6.4. Market Revenue and Forecast, by End Users (2023-2032)
Chapter 13. Company Profiles
13.1. Glanbia plc. (Ireland)
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. Now Health Group, Inc. (U.S.)
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Nutiva Inc (U.S.)
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. The Simply Good Food Co (U.S.)
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. Iovate Health Sciences International Inc. (Canada)
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. MusclePharm Corporation (U.S.)
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Kerry Group Plc (Ireland)
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. CytoSport, Inc. (U.S.)
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. The Nature’s Bounty Co. (U.S.)
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Reliance Vitamin Company, Inc. (U.S.)
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
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