North America Whey Protein Ingredients Market is to reach 4.05 billion USD – Market data forecast


Posted December 12, 2017 by vickyv

North America Whey Protein Ingredients Market By Application, By Type,, By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)

 
The North America Whey Protein Ingredients Market size was around USD 2.55 billion in 2016. It is expected to grow at a CAGR of 9.7% to reach USD 4.05 billion by 2021. It captures 30% of the global market.

Whey protein ingredients are globular proteins isolated from whey (the liquid material obtained as a by-product of cheese production). Consumers are widely adopting these ingredients for high protein content in contrast to soy, egg, and other milk-based proteins. Whey proteins are consumed worldwide as dietary supplements owing to various health claims associated with them. Whey protein is commonly utilized for improving lipid profile glucose levels and insulin response, thereby promoting arterial stiffness and a reduction in blood pressure. Moreover, whey protein concentration is regulated by the addition of denatured powder to provide balanced nutrition for the infants. Furthermore, these ingredients reduce hepatic cholesterol levels among the elderly.

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The North America whey protein ingredients market is segmented based on type and application. On the basis of type, the market is classified into whey protein concentrates, whey protein isolates, demineralized whey, and hydrolysed whey protein. The whey protein concentrates segment is further sub-categorized into whey protein concentrate 80 and whey protein concentrate 35. On the basis of application, the market is categorized into dairy products & frozen foods, sports nutrition, bakery & confectionery, beverages, meat products, medicine, and others (infant nutrition and personal care products). The whey protein concentrate segment dominated the North America market in 2016, and is anticipated to maintain its dominance throughout the forecast period. The whey protein concentrate segment is projected to grow at a significant CAGR of 9.3% during the forecast period.

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On the basis of geography, North America market is segmented into US, Canada and Mexico. It is largest in terms of market share. US is the leading market.

The major companies in the North America whey protein ingredients market include Hilmar Cheese Company, Arla Foods, Cargill Incorporation, Fonterra Co-Operative Group Ltd, Carberry food ingredients, Glanbia plc, Davisco Food International, Maple Island Incorporation, Dairy Farmers of America, and Milk Specialities North America. Minor companies in the North America whey protein ingredients market include Foremost Farms, Kerry group, Valio Ltd, DMK Group, Westland Milk, Agropur MSI, Axiom Foods Incorporation, Amco proteins, Archer Daniels Midland Company, and CHS Incorporation.

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Market Segmentation

1)Type
• Introduction
• Whey Protein Concentrate (WPC)
• WPC 80
• WPC 35
• Whey Protein Isolate (WPI)
• Hydrolyzed Whey Protein (HWP)
• Demineralized Whey Protein (DWP)
• Y-o-Y Growth Analysis, By Type
• Market Attractiveness Analysis, By Type
• Market Share Analysis, By Type

2)Application
• Introduction
• Bakery and Confectionery
• Dairy Products and Frozen Foods
• Sports Nutrition
• Beverages
• Meat Products
• Medicine
• Others (Personal Care and Infant nutrition)
• Y-o-Y Growth Analysis, By Application
• Market Attractiveness Analysis, By Application
• Market Share Analysis, By Application
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Issued By Market data forecast
Country India
Categories Food
Tags market research , whey protein ingredients
Last Updated December 12, 2017