Zion Research has published a new report titled “Whey
Protein Market (Whey Protein Concentrate
(WPC), Whey Protein Isolate (WPI) and Hydrolyzed Whey Protein (HWP)) for
Dietary Supplement, Pharmaceutical and Clinical Nutrition, Bakers and
Confectionaries, Snacks and Dairy Products and Others Application-Global
Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021”
According to the report, the global Whey Protein market accounted for USD
8.2 billion in 2015 and is expected to reach USD 12.4 by 2021, growing at a
CAGR of around 7.2% between 2015 and 2021.
Whey is the liquid portion of the milk that separates from
the curd, during process of cheese production. Due to its strong amino acid
profile and ease of absorption, it is perhaps the most popular dietary
supplement. Whey contains proteins, fats, carbohydrates, vitamins, and
minerals. Whey protein has been shown to enhance muscle protein synthesis,
support fat burning, boost the immune system and improve insulin sensitivity.
Additionally, whey concentrate is shown to boost production of glutathione, the
body’s popular antioxidant.
The global whey protein market was expected to witness
highest growth over the forecast period due to increase percentage of elder age
people across the globe. Moreover, rise in trend of health club and fitness
center are expected to drive the whey protein product market in the near
future. In addition, keen interest of young generation towards sports &
nutrition will probably increase the demand for whey protein over the years.
Additionally, carrying chicken or fish isn’t convenient when compared with whey
protein drink which is more ease in carrying.
On the basis of type, whey protein market bifurcated into
Whey Protein Concentrate (WPC), Whey Protein Isolate (WPI) and Hydrolyzed Whey
Protein (HWP). In terms of revenue, WPC accounted for 27% of total whey protein
market. In addition, Whey Protein Concentrate high in lactose and low in
protein which affect the consumer buying behavior towards whey protein isolate
and hydrolyzed whey protein. Whereas, hydrolyzed whey protein (HWP) segment was
the leading segment in 2015. Growing keen interest and health awareness is
another important driving factor that is expected to propel the hydrolyzed whey
protein market within the forecast period.
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In application segment, dietary supplement dominates the
global whey protein market. Globally, 60% of whey protein market has been
captured by dietary supplements segment. This growth is mainly attributed due
to the presence of buying behavior of customers coupled with keen interest of
fitness in younger population. Pharmaceutical and clinical nutrition segment is
expected to experience significant growth within the forecast period due to
deficiency of protein in developing countries. To overcome with problem of
protein deficiency, medicated protein prescribed by nutritionist and healthcare
consultant.
In terms of geography, Europe was the largest market for
whey protein in 2015 in terms of revenue due to availability of fitness club
and increase number of geriatric population in Europe. Moreover, whey protein
market has huge opportunity in emerging market like Asia Pacific, Latin America
due to the rise in awareness, increase disposable income in the coming years.
In addition, this region has an established customer base owing to the
following of western lifestyle towards healthcare and technological
advancements. Asia Pacific is a promising market and is expected to open
gateways for manufacturers of whey protein over the years.
Key market players of whey protein market include American
Dairy Products Institute, Arla Foods, Agropur MSI, DMK Group, Glanbia Plc and
Westland Milk Products.
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TOC @ https://www.zionmarketresearch.com/report/whey-protein-market
This report segments the global whey protein market as
follows:-
Global Whey protein market: Type Segment Analysis
·
Whey Protein Concentrate
(WPC)
·
Whey Protein Isolate
(WPI)
·
Hydrolyzed Whey Protein
(HWP)
Global Whey Protein market:
Application Segment Analysis
·
Dietary Supplement
·
Pharmaceutical And
Clinical Nutrition
·
Bakers And
Confectionaries
·
Snacks And Dairy
Products
·
Others
Global Whey Protein market: Regional
Segment Analysis
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East & Africa
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4283, Express Lane,
Suite 634-143,
Sarasota, Florida 34249, United States
Tel: +49-322 210 92714
USA/Canada Toll Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: http://www.zionmarketresearch.com
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