Whey Concentrates Market Growth, Size, Share, Trends, and Forecast by 2031

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031

Coverage: Whey Concentrates Market covers analysis By Form (Dry, Liquid); Application (Dairy and Frozen Desserts, Infant Formula, Dietary Supplements, Bakery and Confectionery, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00020207
  • Category : Food and Beverages
  • Status : Upcoming
  • No. of Pages : 150
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The Whey Concentrates Market is expected to register a CAGR of 5% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

Whey Concentrates Market covers analysis By Form (Dry, Liquid); Application (Dairy and Frozen Desserts, Infant Formula, Dietary Supplements, Bakery and Confectionery, Others), and Geography (North America, Europe, Asia Pacific, and South and Central America). Whey concentrate is a common bodybuilding supplement that is used to increase dietary protein intake, with the goal of maximizing muscle hypertrophy. Whey concentrate consists of 80% protein and 20% fat and sugar (carbohydrates, lactose). The concentrate contains more calories and tends to be naturally sweeter due to the simple sugar (lactose) that remains after processing.

Purpose of the Report

The report Whey Concentrates Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

  • Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
  • Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
  • Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Whey Concentrates Market Segmentation

Form

  • Dry
  • Liquid

Application

  • Dairy and Frozen Desserts
  • Infant Formula
  • Dietary Supplements
  • Bakery and Confectionery
  • Others

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Whey Concentrates Market: Strategic Insights

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Whey Concentrates Market Growth Drivers

  • The Rise of Health Consciousness and Its Impact on Whey Concentrates: The surging health consciousness amongst consumers is one of the main factors fuelling the demand for whey concentrates. The use of whey protein in muscle recovery and overall fitness has become popular among many consumers, who are more aware of its nutritional benefits.
  • Incorporation of Whey Protein in Food and Beverage Products: In recent years, whey concentrates have been incorporated into numerous food and beverage products. Market growth can be attributed to several factors, including the versatility of whey protein in nutritional supplements, ready-to-drink products or as an ingredient in different types of aflatoxins.
  • The Role of Fitness Trends in Driving Demand for Protein Supplements: The increasing popularity of fitness exercises and resistance exercises among the public will drive a growing need for protein supplements, especially whey protein concentrates. This contributes to the market growth of whey concentrates among athletes and fitness enthusiasts across the globe.

Whey Concentrates Market Future Trends

  • Growth in Demand for Whey Protein Concentrates: The different kinds of whey protein concentrate are used by athletes and sports enthusiasts in order to support muscle recovery and performance improvement. This trend is expected to drive the continued growth in demand for whey protein concentrates in nutritional supplements and sports drinks.
  • Versatile Applications in Functional Foods: Whey protein concentrates are increasingly being used in various functional foods as a source of high nutrition and functional properties. They are also added into yoghurt, ice creams, and bakery products as stabilizing agents or as a substitute for fats.
  • Emerging Trend of Plant-Based Proteins: While whey protein concentrates have been widely adopted, there is an emerging trend for plant-based proteins among consumers. This is due to dietary tendencies such as veganism and lactose intolerance. This is considered as an emerging trend in the whey concentrates market.

Whey Concentrates Market Opportunities

  • The Shift to E-Commerce in Whey Protein Purchases: The growth of e-commerce has changed the way purchases are done in whey protein. People find it easy to shop with online shopfronts, which further show a larger selection than one would otherwise see and also achieve increased accessibility to concentrates of whey.
  • Innovation and Development in Whey Protein Products: Currently, research and development of the existing whey protein product would be thought to introduce new forms in the nutraceutical that would seek health-related niches, like reduced-lactose use or increased availability of certain amino acids. Such factors are considered huge growth opportunities in the market.
  • The Future of Functional Whey Protein Products: This, coupled with the increasing health consciousness of consumers who desire nutrient-rich whey protein products with overall wellness, makes functional whey protein products the future. Infused products such as probiotics and vitamin-enriched ones might become more popular with consumers who aim to have healthy eating habits.

Whey Concentrates Market Regional Insights

The regional trends and factors influencing the Whey Concentrates Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Whey Concentrates Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

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Whey Concentrates Market Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) 5%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Form
  • Dry
  • Liquid
By Application
  • Dairy and Frozen Desserts
  • Infant Formula
  • Dietary Supplements
  • Bakery and Confectionery
  • Others
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Alpavit
  • Arla Foods
  • Carbery Group
  • Fonterra Co-operative Group Ltd
  • Glanbia plc
  • Hilmar Cheese Company, Inc.
  • LACTALIS Ingredients
  • Milk Specialties
  • Olam International

  • Whey Concentrates Market Players Density: Understanding Its Impact on Business Dynamics

    The Whey Concentrates Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

    Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

    Major Companies operating in the Whey Concentrates Market are:

    1. Alpavit
    2. Arla Foods
    3. Carbery Group
    4. Fonterra Co-operative Group Ltd
    5. Glanbia plc

    Disclaimer: The companies listed above are not ranked in any particular order.


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    Key Selling Points

    • Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Whey Concentrates Market, providing a holistic landscape.
    • Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
    • Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
    • Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

    The research report on the Whey Concentrates Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset
    Report Coverage

    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered

    Segment Covered

    This text is related
    to segments covered.

    Regional Scope

    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope

    Country Scope

    This text is related
    to country scope.

    Frequently Asked Questions


    What are the groth opportunities in the whey concentrates market?

    The growth of e-commerce is considered as a growth opportunity in the whey concentrates market.

    Based on geography, which region held the largest share of the whey concentrates market?

    Based on geography, North America held the largest share of the whey concentrates market due to the increased number of sports enthusisasts

    Which application segment recorded the highest market share in 2023?

    The dietary supplements application segment accounted for the largest market share in 2023.

    What are the future trends in the whey concentrates market?

    The different kinds of whey protein concentrate used by athletes and sports enthusiasts in order to support muscle recovery and performance improvement is an emerging trend in the market

    What are the key players operating in the whey concentrates market?

    Alpavit, Arla Foods, Carbery Group, Fonterra Co-operative Group Ltd, Glanbia plc, Hilmar Cheese Company, Inc., LACTALIS Ingredients, Milk Specialties, Olam International, and Saputo Inc are some of the key players in the whey concentrate market.

    What is the expected CAGR of the Whey Concentrates Market ?

    The Whey Concentrates Market is estimated to witness a CAGR of 5% from 2023 to 2031

    Trends and growth analysis reports related to Food and Beverages : READ MORE..   

    The List of Companies

    1. Alpavit
    2. Arla Foods
    3. Carbery Group
    4. Fonterra Co-operative Group Ltd
    5. Glanbia plc
    6. Hilmar Cheese Company, Inc.
    7. LACTALIS Ingredients
    8. Milk Specialties
    9. Olam International
    10. Saputo Inc.

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