Whey Protein Market to Reach US$ 13.9 Billion by 2030, Boosted by Fitness Frenzy and Functional

The global whey protein market is expected to reach US$ 13.9 billion by 2030, with an annual growth rate of more than 7.6%.
By: RationalStat LLC
DWARKA, India - Dec. 26, 2023 - PRLog -- Market Definition, Market Scope, and Report Overview

whey protein is a high-quality protein derived from milk during the cheese-making process. It is a byproduct of the separation of milk into curds and whey. Whey protein is known for its complete amino acid profile, rich in essential amino acids, and easily digestible nature.

The global focus on health and wellness has driven the demand for nutritional supplements, including whey protein. Consumers are increasingly seeking products that support their overall well-being and fitness goals, contributing to the growth of the whey protein market.

According to a deep-dive market assessment by RationalStat, the global whey protein market has been analyzed on the basis of market segments, including product type, nature, end user, and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.

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Global Whey Protein Market: Segmental and Market Share Analysis
  • On the basis of end user, sports nutrition segment dominated the global industry in 2022 and accounted for highest revenue share of more than 20%.

Report Synopsis

Report Metrics   Details

Base Year   2023

Forecast Period   2023-2030

Base Year Market Size   US$ 8.3 billion

Market Size Forecast   US$ 13.9 billion

Growth Rate   7.6%

Dominant Segment   Sports Nutrition

Dominant Region   North America

Key Market Drivers   ยท        Rising interest in sports nutrition
  • Growing trends of health and wellness

Companies Profiled
  • Hilmar Cheese Company
  • Alpavit
  • Maple Island Inc
  • Glanbia
  • Wheyco GmbH
  • Saputo Inc
  • Fonterra Cooperative Group Ltd
  • Milk Speciality Globals
  • Milkaut SA
  • Davisco Foods International Inc.

Explore more about this report- https://store.rationalstat.com/store/global-whey-protein-market/#tab-ux_global_tab

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