Whey Protein Ingredients Market by Product and Geography - Forecast and Analysis 2020-2024

  • Published: Apr 2020
  • Pages: 120
  • SKU: IRTNTR43542
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The whey protein ingredients market size has the potential to grow by USD 3.33 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period because of the steady increase in the year-over-year growth.

This report provides a detailed analysis of the market by product (whey protein concentrate, whey protein isolate, hydrolyzed whey protein, and others) and geography (North America, Europe, APAC, South America, and MEA). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Agropur cooperative, Arla Foods amba, Carbery Food Ingredients Ltd., Fonterra Co-operative Group Ltd., Glanbia Plc, Groupe Lactalis, Hilmar Cheese Co. Inc., Royal FrieslandCampina NV, Saputo Inc., and Valio Ltd.

Market Overview

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Market Competitive Analysis

The market is fragmented. Agropur Cooperative, Arla Foods amba, Carbery Food Ingredients Ltd., Fonterra Co-operative Group Ltd., Glanbia Plc, Groupe Lactalis, Hilmar Cheese Co. Inc., Royal FrieslandCampina NV, Saputo Inc., and Valio Ltd. are some of the major market participants. Increasing product launches, awareness about the health benefits of whey, and the wide application of whey protein will offer immense growth opportunities. However, the increasing popularity of plant-based proteins, the rising number of people with lactose intolerance across the world, and stringent regulations may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this whey protein ingredients market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this whey protein ingredients market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

  • Agropur cooperative
  • Arla Foods amba
  • Carbery Food Ingredients Ltd.
  • Fonterra Co operative Group Ltd.
  • Glanbia Plc
  • Groupe Lactalis
  • Hilmar Cheese Co. Inc.
  • Royal FrieslandCampina NV
  • Saputo Inc.
  • Valio Ltd.

Whey Protein Ingredients Market: Segmentation by Geography

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The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. North America will offer several growth opportunities to market vendors during the forecast period. Increasing mergers and acquisitions, the growing use of whey protein in clinical nutrition, and the availability of raw materials owing to increasing cheese production will significantly influence whey protein ingredients market's growth in this region.

28% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for whey protein ingredients in North America. This report provides an accurate prediction of the contribution of all segments to the growth of the whey protein ingredients market size.

Whey Protein Ingredients Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive whey protein ingredients market growth during the next five years
  • Precise estimation of the whey protein ingredients market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the whey protein ingredients market industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of whey protein ingredients market vendors

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Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Whey protein concentrate - Market size and forecast 2019-2024
  • Whey protein isolate - Market size and forecast 2019-2024
  • Hydrolyzed whey protein - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by Product

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption
  • Competitive scenario

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Agropur cooperative
  • Arla Foods amba
  • Carbery Food Ingredients Ltd.
  • Fonterra Co-operative Group Ltd.
  • Glanbia Plc
  • Groupe Lactalis
  • Hilmar Cheese Co. Inc.
  • Royal FrieslandCampina NV
  • Saputo Inc.
  • Valio Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • 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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The whey protein ingredients market growth will increase by $3.33 billion during 2019-2024.
The whey protein ingredients market is expected to grow at a CAGR of 5.56% during 2019-2024.
Technavio has segmented the whey protein ingredients market by product (Whey protein concentrate, Whey protein isolate, Hydrolyzed whey protein, and Others) and geographic (North America, Europe, APAC, South America, and MEA).
Agropur cooperative, Arla Foods amba, Carbery Food Ingredients Ltd., Fonterra Co operative Group Ltd., Glanbia Plc, Groupe Lactalis, Hilmar Cheese Co. Inc., Royal FrieslandCampina NV, Saputo Inc., Valio Ltd. are a few of the key vendors in the whey protein ingredients market.
North America will register the highest growth rate of 27.63% among the other regions. Therefore, the whey protein ingredients market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the whey protein ingredients market growth are:
  • Increasing product launches
  • Increasing mergers and acquisitions
The whey protein ingredients market vendors should focus on grabbing business opportunities from the whey protein concentrate segment as it accounted for the largest market share in the base year.
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