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Organic Whey Protein Market by Application and Geography - Forecast and Analysis 2022-2026

  • Published: Mar 2022
  • Pages: 134
  • SKU: IRTNTR72949
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The organic whey protein market share is expected to increase by USD 292.37 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.3%.

This organic whey protein market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers organic whey protein market segmentation by application (nutraceutical and food and beverages) and geography (North America, Europe, APAC, South America, and Middle East and Africa). The organic whey protein market report also offers information on several market vendors, including Arla Foods amba, Bio Synergy Ltd., ConnOils LLC, DMK Deutsches Milchkontor GmbH, Glanbia plc, Hilmar Cheese Co. Inc., Leprino Foods Co., Milk Specialties Global, Mopro Nutrition LLC, Natural Force Benefit Co., Nestle SA, NOW Health Group Inc., Organic Valley, Pro Amino International Inc., Puori ApS, The Carrington Tea Company LLC, The Organic Protein Co., Vital Proteins LLC, and Wheyd Ltd. among others.

What will the Organic Whey Protein Market Size be During the Forecast Period?

Organic Whey Protein Market Size

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Organic Whey Protein Market: Key Drivers, Trends, and Challenges

The increasing product launches is notably driving the organic whey protein market growth, although factors such as growing popularity of vegan protein powders may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the organic whey protein industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Organic Whey Protein Market Driver

One of the key factors driving the global organic whey protein industry growth is the increasing product launches. For instance, in October 2021, Arla Foods Ingredients launched a new protein category called Lacprodan BLG-100 is a pure BLG ingredient with a unique nutritional profile. Produced using a patented new separation technology, it contains 45% more leucine - the main muscle-building amino acid - than commercially available whey protein isolates. Similarly, in October 2021, Keventers partnered with Myprotein to create a unique Whey Protein in Keventers Coffee Flavor. The drinks are designed for the everyday milkshake-lovers who love to be fit without the rigors of the gym, the collaboration brings the tastiest, safest, and healthiest whey protein flavor to add to your daily milkshake/smoothie drink, an official statement highlighted. Such factors are expected to drive market growth in the forecast period.

Key Organic Whey Protein Market Trend

Increasing use of e-commerce channels for sales is one of the key organic whey protein market trends that is expected to impact the industry positively in the forecast period. The growing penetration of the Internet, especially in developing countries such as India, the Middle East, and Africa, have opened new avenues for vendors to market and sell their products. All the major vendors such as Organic Valley, NOW Foods, Milk Specialties, Garden of Life have their own respective online portals for the sale of their products, apart from listing their products on e-commerce platforms such as iHerb, Amazon. Moreover, online channels use web analytics to understand consumer preferences to generate repeat sales. This understanding of customer tastes and preferences is expected to increase sales, which will help the market grow during the forecast years.

Key Organic Whey Protein Market Challenge

One of the key challenges to the global organic whey protein industry growth is the growing popularity of vegan protein powders. The rise in the vegan population and health awareness have spurred the demand for plant protein and vegan protein powders such as pea protein and hemp protein. For example, the global pea protein market was experiencing a growth of 46.87% in 2020. Plant and vegan proteins are the substitutes of organic whey proteins, the growing demand for which is expected to increase the market competition. The use of plant proteins in nutraceuticals is decreasing the market share of organic whey protein, thereby decreasing its market growth. Thus, the increasing popularity of these substitutes is expected to limit the growth of the market in focus during the forecast period.

This organic whey protein market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global organic whey protein market as a part of the global packaged foods and meats market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the organic whey protein market during the forecast period.

Who are the Major Organic Whey Protein Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Arla Foods amba
  • Bio Synergy Ltd.
  • ConnOils LLC
  • DMK Deutsches Milchkontor GmbH
  • Glanbia plc
  • Hilmar Cheese Co. Inc.
  • Leprino Foods Co.
  • Milk Specialties Global
  • Mopro Nutrition LLC
  • Natural Force Benefit Co.
  • Nestle SA
  • NOW Health Group Inc.
  • Organic Valley
  • Pro Amino International Inc.
  • Puori ApS
  • The Carrington Tea Company LLC
  • The Organic Protein Co.
  • Vital Proteins LLC
  • Wheyd Ltd.

 

This statistical study of the organic whey protein market encompasses successful business strategies deployed by the key vendors. The organic whey protein market is fragmented and the vendors are deploying growth strategies such as product innovation to compete in the market.

Product Insights and News

  • Bio Synergy Ltd. - The company offers organic whey protein such as Bio-Synergy Essential Sports Fuel, Bio-Synergy Skinny Protein, Bio-Synergy Whey Better, Active Woman Activate, Bio-Synergy Whey Hey, and Bio-Synergy Whey Hey Elite. 
  • Bio Synergy Ltd. - Under the unified segment, the company offers protein shakes, sports supplements, multivitamins, gummies, Vitamin C, and many more. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The organic whey protein market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Organic Whey Protein Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the organic whey protein market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Organic Whey Protein Market?

Organic Whey Protein Market Market segmentation by region

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49% of the market's growth will originate from North America during the forecast period. US is the key market for organic whey protein in North America. Market growth in this region will be faster than the growth of the market in Europe and MEA.

The rise in consumer awareness of the benefits of organic whey proteins, the availability of a wide range of organic whey protein products such as nutraceuticals and protein bars, and the presence of major retailers will facilitate the organic whey protein market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The COVID-19 outbreak in 2020 has impacted almost every industry across the world. Due to this government has imposed lockdown and travel restrictions in this region. Due to this many businesses in the packaged foods and meats market were shut down temporarily, which affected the whey protein market in this region. However, an increase in awareness about nutritious food products positively impacted the growth of the market in H2 2020. Moreover, in 2021, the lifting of COVID-19-induced restrictions and the reopening of gyms with limited capacity are anticipated to promote the sales of organic whey protein products. Such factors will increase the demand in the market in focus during the forecast period.

What are the Revenue-generating Application Segments in the Organic Whey Protein Market?

Organic Whey Protein Market Segmentation

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The organic whey protein market share growth by the nutraceuticals segment will be significant during the forecast period. The growing popularity of organic foods and awareness of health and wellness will increase the application of organic whey protein in nutraceuticals, which help support the market growth through this segment.

This report provides an accurate prediction of the contribution of all the segments to the growth of the organic whey protein market size and actionable market insights on post COVID-19 impact on each segment.

 

Organic Whey Protein Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 6.3%

Market growth 2022-2026

$ 292.37 million

Market structure

Fragmented

YoY growth (%)

5.7

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 49%

Key consumer countries

US, China, Germany, France, and The Netherlands

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Arla Foods amba, Bio Synergy Ltd., ConnOils LLC, DMK Deutsches Milchkontor GmbH, Glanbia plc, Hilmar Cheese Co. Inc., Leprino Foods Co., Milk Specialties Global, Mopro Nutrition LLC, Natural Force Benefit Co., Nestle SA, NOW Health Group Inc., Organic Valley, Pro Amino International Inc., Puori ApS, The Carrington Tea Company LLC, The Organic Protein Co., Vital Proteins LLC, and Wheyd Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

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What are the Key Data Covered in this Organic Whey Protein Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive organic whey protein market growth during the next five years
  • Precise estimation of the organic whey protein market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the organic whey protein industry across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of organic whey protein market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

  • 5.1 Market segments
    • Exhibit 24: Chart on Application - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
  • 5.2 Comparison by Application
    • Exhibit 26: Chart on Comparison by Application
    • Exhibit 27: Data Table on Comparison by Application
  • 5.3 Nutraceutical - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Nutraceutical - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Nutraceutical - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Nutraceutical - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Nutraceutical - Year-over-year growth 2021-2026 (%)
  • 5.4 Food and beverages - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Food and beverages - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Food and beverages - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Food and beverages - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Food and beverages - Year-over-year growth 2021-2026 (%)
  • 5.5 Market opportunity by Application
    • Exhibit 36: Market opportunity by Application ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 40: Chart on Geographic comparison
    • Exhibit 41: Data Table on Geographic comparison
  • 7.3 North America - Market size and forecast 2021-2026
    • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.4 Europe - Market size and forecast 2021-2026
    • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 APAC - Market size and forecast 2021-2026
    • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 Germany - Market size and forecast 2021-2026
    • Exhibit 66: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.10 France - Market size and forecast 2021-2026
    • Exhibit 70: Chart on France - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on France - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on France - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on France - Year-over-year growth 2021-2026 (%)
  • 7.11 The Netherlands - Market size and forecast 2021-2026
    • Exhibit 74: Chart on The Netherlands - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on The Netherlands - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on The Netherlands - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on The Netherlands - Year-over-year growth 2021-2026 (%)
  • 7.12 China - Market size and forecast 2021-2026
    • Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 85: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 86: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 87: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 88: Matrix on vendor position and classification
  • 10.3 Bio Synergy Ltd.
    • Exhibit 89: Bio Synergy Ltd. - Overview
    • Exhibit 90: Bio Synergy Ltd. - Product / Service
    • Exhibit 91: Bio Synergy Ltd. - Key offerings
  • 10.4 Milk Specialties Global
    • Exhibit 92: Milk Specialties Global - Overview
    • Exhibit 93: Milk Specialties Global - Product / Service
    • Exhibit 94: Milk Specialties Global - Key news
    • Exhibit 95: Milk Specialties Global - Key offerings
  • 10.5 Mopro Nutrition LLC
    • Exhibit 96: Mopro Nutrition LLC - Overview
    • Exhibit 97: Mopro Nutrition LLC - Product / Service
    • Exhibit 98: Mopro Nutrition LLC - Key offerings
  • 10.6 Natural Force Benefit Co.
    • Exhibit 99: Natural Force Benefit Co. - Overview
    • Exhibit 100: Natural Force Benefit Co. - Product / Service
    • Exhibit 101: Natural Force Benefit Co. - Key offerings
  • 10.7 Nestle SA
    • Exhibit 102: Nestle SA - Overview
    • Exhibit 103: Nestle SA - Business segments
    • Exhibit 104: Nestle SA - Key news
    • Exhibit 105: Nestle SA - Key offerings
    • Exhibit 106: Nestle SA - Segment focus
  • 10.8 NOW Health Group Inc.
    • Exhibit 107: NOW Health Group Inc. - Overview
    • Exhibit 108: NOW Health Group Inc. - Product / Service
    • Exhibit 109: NOW Health Group Inc. - Key offerings
  • 10.9 Organic Valley
    • Exhibit 110: Organic Valley - Overview
    • Exhibit 111: Organic Valley - Product / Service
    • Exhibit 112: Organic Valley - Key offerings
  • 10.10 Pro Amino International Inc.
    • Exhibit 113: Pro Amino International Inc. - Overview
    • Exhibit 114: Pro Amino International Inc. - Product / Service
    • Exhibit 115: Pro Amino International Inc. - Key offerings
  • 10.11 The Carrington Tea Company LLC
    • Exhibit 116: The Carrington Tea Company LLC - Overview
    • Exhibit 117: The Carrington Tea Company LLC - Product / Service
    • Exhibit 118: The Carrington Tea Company LLC - Key offerings
  • 10.12 The Organic Protein Co.
    • Exhibit 119: The Organic Protein Co. - Overview
    • Exhibit 120: The Organic Protein Co. - Product / Service
    • Exhibit 121: The Organic Protein Co. - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 122: Inclusions checklist
    • Exhibit 123: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 124: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 125: Research methodology
    • Exhibit 126: Validation techniques employed for market sizing
    • Exhibit 127: Information sources
  • 11.5 List of abbreviations
    • Exhibit 128: List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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Organic Whey Protein market growth will increase by $292.37 million during 2022-2026.
The organic whey protein market is expected to grow at a CAGR of 6.3% during 2022-2026.
Technavio has segmented the organic whey protein market by application (Nutraceutical and Food and beverages) and geographic (North America, Europe, APAC, South America, and Middle East and Africa).
Arla Foods amba, Bio Synergy Ltd., ConnOils LLC, DMK Deutsches Milchkontor GmbH, Glanbia plc, Hilmar Cheese Co. Inc., Leprino Foods Co., Milk Specialties Global, Mopro Nutrition LLC, Natural Force Benefit Co., Nestle SA, NOW Health Group Inc., Organic Valley, Pro Amino International Inc., Puori ApS, The Carrington Tea Company LLC, The Organic Protein Co., Vital Proteins LLC, Wheyd Ltd. are a few of the key vendors in the organic whey protein market.
North America will register the highest growth rate of 48.94% among the other regions. Therefore, the organic whey protein market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • China
  • Germany
  • France
  • The Netherlands
The key factors driving the organic whey protein market growth are:
  • Increasing product launches
  • Increasing use of e-commerce channel for sales
The organic whey protein market vendors should focus on grabbing business opportunities from the nutraceutical segment as it accounted for the largest market share in the base year.
  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?
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