Whey Protein Market Poised to Bring in US$12.4 billion by 2021
Global Whey Protein Market expected to cross USD 12.4 Billion by 2021, growing at a CAGR of 7.2% during 2015 and 2021.
Global Whey Protein Market expected to cross USD 12.4 Billion by 2021, growing at a CAGR of 7.2% during 2015 and 2021.
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Published By: Zion <strong>Market</strong> Research<br />
<strong>Whey</strong> <strong>Prote<strong>in</strong></strong> <strong>Market</strong> will hit USD 12.4 Billion<br />
<strong>by</strong> <strong>2021</strong><br />
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<strong>Whey</strong> <strong>Prote<strong>in</strong></strong> <strong>Market</strong><br />
Zion <strong>Market</strong> Research has published a new report titled “<strong>Whey</strong> <strong>Prote<strong>in</strong></strong> <strong>Market</strong> (<strong>Whey</strong><br />
<strong>Prote<strong>in</strong></strong> Concentrate (WPC), <strong>Whey</strong> <strong>Prote<strong>in</strong></strong> Isolate (WPI) and Hydrolyzed <strong>Whey</strong> <strong>Prote<strong>in</strong></strong><br />
(HWP)) for Dietary Supplement, Pharmaceutical and Cl<strong>in</strong>ical Nutrition, Bakers and<br />
Confectionaries, Snacks and Dairy Products and Others Application-Global Industry<br />
Perspective, Comprehensive Analysis and Forecast, 2015 – <strong>2021</strong>” Accord<strong>in</strong>g <strong>to</strong> the<br />
report, the global <strong>Whey</strong> <strong>Prote<strong>in</strong></strong> market accounted for USD 8.2 <strong>billion</strong> <strong>in</strong> 2015 and is expected <strong>to</strong><br />
reach USD 12.4 Billion <strong>by</strong> <strong>2021</strong>, grow<strong>in</strong>g at a CAGR of around 7.2% between 2016 and <strong>2021</strong>.<br />
<strong>Whey</strong> is the liquid portion of the milk that separates from the curd, dur<strong>in</strong>g the process of cheese<br />
production. Due <strong>to</strong> its strong am<strong>in</strong>o acid profile and ease of absorption, it is perhaps the most<br />
popular dietary supplement. <strong>Whey</strong> conta<strong>in</strong>s prote<strong>in</strong>s, fats, carbohydrates, vitam<strong>in</strong>s, and<br />
m<strong>in</strong>erals. <strong>Whey</strong> prote<strong>in</strong> has been shown <strong>to</strong> enhance muscle prote<strong>in</strong> synthesis, support fat<br />
burn<strong>in</strong>g, boost the immune system and improve <strong>in</strong>sul<strong>in</strong> sensitivity. Additionally, whey<br />
concentrate is shown <strong>to</strong> boost production of glutathione, the body’s popular antioxidant.<br />
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<strong>Whey</strong> <strong>Prote<strong>in</strong></strong> <strong>Market</strong><br />
The global whey prote<strong>in</strong> market was expected <strong>to</strong> witness the highest growth over the forecast<br />
period due <strong>to</strong> <strong>in</strong>crease the percentage of elder age people across the globe. Moreover, the rise <strong>in</strong><br />
trend of the health club and fitness center is expected <strong>to</strong> drive the whey prote<strong>in</strong> product market<br />
<strong>in</strong> the near future. In addition, the keen <strong>in</strong>terest of young generation <strong>to</strong>wards sports & nutrition<br />
will probably <strong>in</strong>crease the demand for whey prote<strong>in</strong> over the years. Additionally, carry<strong>in</strong>g<br />
chicken or fish isn’t convenient when compared with whey prote<strong>in</strong> dr<strong>in</strong>k which is more ease <strong>in</strong><br />
carry<strong>in</strong>g.<br />
On the basis of type, whey prote<strong>in</strong> market bifurcated <strong>in</strong><strong>to</strong> <strong>Whey</strong> <strong>Prote<strong>in</strong></strong> Concentrate (WPC),<br />
<strong>Whey</strong> <strong>Prote<strong>in</strong></strong> Isolate (WPI) and Hydrolyzed <strong>Whey</strong> <strong>Prote<strong>in</strong></strong> (HWP). In terms of revenue, WPC<br />
accounted for 27% of <strong>to</strong>tal whey prote<strong>in</strong> market. In addition, <strong>Whey</strong> <strong>Prote<strong>in</strong></strong> Concentrate high <strong>in</strong><br />
lac<strong>to</strong>se and low <strong>in</strong> prote<strong>in</strong> which affects the consumer buy<strong>in</strong>g behavior <strong>to</strong>wards whey prote<strong>in</strong><br />
isolate and hydrolyzed whey prote<strong>in</strong>. Whereas, hydrolyzed whey prote<strong>in</strong> (HWP) segment was the<br />
lead<strong>in</strong>g segment <strong>in</strong> 2015. Grow<strong>in</strong>g keen <strong>in</strong>terest and health awareness is another important<br />
driv<strong>in</strong>g fac<strong>to</strong>r that is expected <strong>to</strong> propel the hydrolyzed whey prote<strong>in</strong> market with<strong>in</strong> the forecast<br />
period.<br />
Inquire more about this report @<br />
https://www.zionmarketresearch.com/<strong>in</strong>quiry/whey-prote<strong>in</strong>-market
<strong>Whey</strong> <strong>Prote<strong>in</strong></strong> <strong>Market</strong><br />
In application segment, dietary supplement dom<strong>in</strong>ates the global whey prote<strong>in</strong> market. Globally,<br />
60% of whey prote<strong>in</strong> market has been captured <strong>by</strong> dietary supplements segment. This growth is<br />
ma<strong>in</strong>ly attributed due <strong>to</strong> the presence of buy<strong>in</strong>g behavior of cus<strong>to</strong>mers coupled with the keen<br />
<strong>in</strong>terest <strong>in</strong> fitness <strong>in</strong> the younger population. Pharmaceutical and cl<strong>in</strong>ical nutrition segment are<br />
expected <strong>to</strong> experience significant growth with<strong>in</strong> the forecast period due <strong>to</strong> deficiency of prote<strong>in</strong><br />
<strong>in</strong> develop<strong>in</strong>g countries. To overcome the problem of prote<strong>in</strong> deficiency medicated prote<strong>in</strong><br />
prescribed <strong>by</strong> nutritionist and healthcare consultant.<br />
In terms of geography, Europe was the largest market for whey prote<strong>in</strong> <strong>in</strong> 2015 <strong>in</strong> terms of<br />
revenue due <strong>to</strong> the availability of fitness club and <strong>in</strong>crease number of geriatric population <strong>in</strong><br />
Europe. Moreover, whey prote<strong>in</strong> market has a huge opportunity <strong>in</strong> emerg<strong>in</strong>g market like Asia<br />
Pacific, Lat<strong>in</strong> America due <strong>to</strong> the rise <strong>in</strong> awareness, <strong>in</strong>crease disposable <strong>in</strong>come <strong>in</strong> the com<strong>in</strong>g<br />
years. In addition, this region has an established cus<strong>to</strong>mer base ow<strong>in</strong>g <strong>to</strong> the follow<strong>in</strong>g of<br />
western lifestyle <strong>to</strong>wards healthcare and technological advancements. Asia Pacific is a promis<strong>in</strong>g<br />
market and is expected <strong>to</strong> open gateways for manufacturers of whey prote<strong>in</strong> over the years.<br />
Key market players of whey prote<strong>in</strong> market <strong>in</strong>clude American Dairy Products Institute, Arla<br />
Foods, Agropur MSI, DMK Group, Glanbia Plc and Westland Milk Products.<br />
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<strong>Whey</strong> <strong>Prote<strong>in</strong></strong> <strong>Market</strong><br />
Zion <strong>Market</strong> Research<br />
Address: 4283, Express Lane, Suite 634-143, Sarasota, Florida 34249, United States<br />
Tel: +1-386-310-3803 GMT +49-322 210 92714<br />
Tel: +1-855-465-4651 (US/CAN TOLL FREE)<br />
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