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According to the latest report by GMI Research, Whey Protein Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2020-2027. The whey protein market analyzes the impact of the COVID-19 pandemic and represents that the market is forecasted to bounce back in 2021 over 2020 and estimated to grow at a higher growth rate from 2022 onwards. Whey protein refers to a source of protein which is prepared from cow’s milk and contains amino acids. There are different forms of whey proteins such as whey protein concentrate, whey protein isolate, and whey protein hydrolysate. This protein is mainly used in products such as food supplements, infant formulas, sports beverages, and energy bars to meet the nutritional requirement of the body.
Competitive Landscape: The whey protein market report also scans the competitive landscape and profiles the major players operating in the market, including Agropur Inc., Glanbia, Fonterra Group, Kerry, Lactalis Ingredients, Hilmar Cheese Company, Carbery, Arla Foods, Milk Specialties Global, and DMK Group.
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The primary factor that is responsible for the expansion in the whey protein market share in terms of revenue is the growing health-consciousness among consumers and rising awareness regarding the benefits offered by the whey protein. Additionally, the expanding popularity moving towards nutrition supplements to improve their healthy diets will further energize the demand of the market.
One of the emerging whey protein market trends is the increasing consumer awareness regarding the benefits of whey protein, such as reduces liver damage, improves immune system function, and helps in weight loss. However, the excessive consumption of whey protein can also lead to an imbalance of mineral in the bones, nausea, and headache. On the other end, the easy availability of alternative protein is likely to restrain market growth.
For further information on these analyses, please visit: https://www.gmiresearch.com/report/global-whey-protein-market/
Breakup by Product Type:
· Whey Protein Concentrate
· Whey Protein Isolate
· Whey Protein Hydrolysate
Breakup by Application:
· Food & Beverages
· Nutritional Products
Breakup by End User:
· Online Stores
· Specialized Stores
Breakup by Region:
· North America
o United States of America
· Asia Pacific
o Rest of APAC
o United Kingdom
o Rest of Europe
o South Africa
o Saudi Arabia
o Rest of the world (remaining countries of the LAMEA region)
About GMI Research
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