Industry Background:
Protein Powders are one of the most popular supplementary drinks. The primary ingredient among those supplements is whey. When milk is processed to form cheese or yogurt, the remaining liquid is called whey. Per 100 calories, whey concentrate has 19gm of protein. The cost of whey concentrate is also lower than that of whey isolate.
According to AMA Research, the market for Concentrated Whey is expected to register a CAGR of 20.3% during the forecast period to 2030. This growth is primarily driven by Increasing Demand for Healthy Supplements
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Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Food Products sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Hilmar Cheese Company, Inc. (United States), Fonterra Co-operative Group Ltd (New Zealand), Glanbia plc (Ireland), Saputo Inc. (Canada), Arla Foods (Denmark), Alpavit (German), Wheyco GmbH (Germany) and Carbery Group (Ireland), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In September 2020,The merger of DV Nutrition and wheyco, under the umbrella of the German DMK Group, has been named wheyco Netherlands VOF. Whey permeate is filled into bags with the wheyco logo in Hoogeveen, the Netherlands, while customer contacts are maintained from the sales office in Hamburg, Germany
In March 2021, First Milk, British Dairy cooperative announced to invest 12.5 million pounds into cheese and whey production sites out of which 9 million pounds will go towards the installation of new high-capacity cheese blockformers, cream and whey handling processes.This market faces perfect competition so competition is very steep. Cost-effectiveness is the main competition point in this market. Local players are dominant everywhere as they get low transport and handling costs.
Influencing Trend:
Increasing Consumption of Flavored Concentrated Whey and Usage of Concentrated Whey in Confectionery & Bakery Products
Market Growth Drivers:
Increasing Demand for Healthy Supplements and Rising Fitness and Health Industry Worldwide
Challenges:
Stiff Competition in the Concentrated Whey Market
Restraints:
High Production Cost Involved in Concentrated Whey Products
Opportunities:
Growth in Demand of Sports Supplements in Asian Region and Diversification in Health Supplements Like Bakery and Juices will Boost the Concentrated Whey Market
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Concentrated Whey Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Concentrated Whey Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Concentrated Whey players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Concentrated Whey Study Sheds Light on
The Concentrated Whey Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Concentrated Whey industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Concentrated Whey industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.