DUBLIN--(BUSINESS WIRE)--The "United States Whey Protein Market" report has been added to ResearchAndMarkets.com's offering.
The U.S. whey protein market is in a matured growth stage, and the market is expected to maintain a CAGR of 7.3% during the forecast period, 2021-2026
The U.S. is one of the strongest markets of whey protein in the world. The U.S. whey protein market accounts for around 19% of the global market share.
Growing demand for pure protein i.e., Hydrolyzed whey protein and whey protein concentrate, increasing awareness about health concerns among the overweight population, exploring the different applications of whey among other industries, and increasing use of whey protein in the sports industry due to its proven benefits are some of the factors responsible for growing consumption of whey protein industry in the country.
Emphasis on the health benefits of whey protein is one of the major driving factors of whey protein consumption in the U.S. Rising awareness about the ethical and environmental issues pertaining to animal farming has resulted in decreasing consumption of animal protein.
This, along with the rising trend of Vegan and vegetarian diets in recent years, has led to increased consumption of a diet containing alternative proteins such as plant-based proteins like soy protein, pea protein, among others. Therefore, even considering the growing market of alternative proteins of whey, the whey protein market has witnessed significant gain in the last few years. Increasing demand for whey protein-based supplements among sports athletes and bodybuilders is also responsible for maintaining a steady growth of the whey protein market.
The manufacturers are focused on tapping the high demand for protein products from the sports industry. The whey protein price has increased in recent years parallel to the demand. The technology implemented in producing whey protein and the effective coordination of supply chains are major reasons for price inflation.
Whey protein concentrate and Hydrolyzed whey protein manufacturers have resorted to vertical integration and supply chain coordination to compete with other plant-based proteins and stay ahead of the price war.
The dietary supplements and food industry contributes the most to whey protein consumption in U.S. Dietary supplements account for about 40% of the total whey protein market in U.S. Alcoholic beverages, and clinical nutrients industry are opportunity segments of the market. The major whey protein manufacturers in the U.S. have turned their attention to lucrative export markets in Asia-Pacific and South America for business expansion.
Key Deliverables
- Market trends since 2017 and five-year forecasts of market growth
- Detailed analysis of the micro and macro elements influencing demand trends
- Identifying opportunity spaces across segments
- Supply & demand side trend and analysis
- Price trend analysis, investment prospects, and competition pattern
- Insights on the growth potential of the market
- Detailed analysis of major producers covering financial investments & strategies adopted
- Competitive landscape of the industry
Key Topics Covered:
1. Introduction
1.1 Research Methodology
1.2 Scope of the Study
1.3 Assumptions
2. Summary
2.1 Market Summary by Type
2.2 Market Summary by Application
3. Industry Dynamics
3.1 Drivers
3.1.1 Increasing awareness about health benefits of diet supplements
3.1.2 Growing use of whey proteins in functional food and beverages industry
3.1.3 Increasing demand for dietary proteins
3.2 Restraints
3.2.1 High cost of ingredients and production
3.2.2 Growing vegan population & whey protein alternatives
3.2.3 Health & safety concerns and undefined regulations
3.3 Opportunities
3.3.1 Growing dietary supplement prescription
3.3.2 Surging demand for high-quality protein in food industry
3.3.3 Increasing use of protein products in the personal care industry
3.4 Porter's Five Forces Analysis
3.5 Future Trends in Whey Protein Industry
3.6 Value Chain Analysis
3.7 Industry Policies & Regulations
3.8 Market Innovations
4. Market Size and Forecast
4.1 Market Share, Type
4.1.1 Whey Protein Concentrate (WPC)
4.1.2 Whey Protein Isolate (WPI)
4.1.3 Hydrolyzed Whey Protein (HWP)
4.1.4 Others
4.2 Market Share, Processing
4.2.1 Ultrafiltration
4.2.2 Ion Exchange
4.2.3 Hydrolysis
4.2.4 Others
4.3 Market Share, Application
4.3.1 Food
4.3.1.3 Infant Formula
4.3.1.2 Confectionary
4.3.1.3 Bakery
4.3.1.4 Snacks
4.3.1.5 Dairy Products
4.3.1.6 Meat Products
4.3.1.7 Others
4.3.2 Beverages
4.3.3 Dietary Supplements
4.3.4 Others
5. Competitive Analysis
5.1 Market Share Analysis
5.2 Growth Strategies of leading players
5.3 Investment and Development Prospects
5.3.1 Investment in past five years
5.3.2 Investment Opportunities
5.4 Price Trend Analysis
5.4.1 Product Classifications and Their Prices
5.4.2 Factors Influencing Prices
6. Company Profiles
- Agropur MSI, LLC
- Arla Foods
- Carbery Group
- Champignon-Hofmeister Group
- DMK group
- FriesiandCampina Ingredients
- Glanbia Plc
- Hilmar Cheese Company Inc
- Lactalis Ingredients
- Land O'Lakes Inc
- Leprino Foods Co
- Milk Specialties Global
- Meggle Group
- Saputo Ingredients
- Fonterra Co-operative Group
- Volac
For more information about this report visit https://www.researchandmarkets.com/r/o0hgnz
