NEWARK, Del, June 08, 2023 (GLOBE NEWSWIRE) -- Future Market Insights (FMI) analysis reveals that the global acidified whey protein market is currently valued at US$ 200.0 million in 2023 and is expected to rise significantly. The market is projected to reach a market valuation of US$ 406.6 million by 2033, exhibiting a CAGR of 8.2% during the forecast period.
From Acid to Amino Acids: The Science Behind Acidified Whey Protein
In the global food and beverage market the demand for natural and organic products has registered the key growth over the last decade, which made the manufacturers incorporate natural and organic ingredients in their end products.
Acidified whey protein is easily digested and absorbed by the body, making it an ideal ingredient for sports and nutritional products that require rapid nutrient delivery to the muscles.
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Acidified whey protein has several health benefits, including supporting immune function, reducing inflammation, and improving bone health. These benefits are important for athletes and fitness enthusiasts who want to maintain their health and performance. This has led to an increase in the demand for acidified whey protein, which is a key ingredient in these products.
Companies are forming strategic partnerships with local farmers and milk processors to ensure a steady supply of high-quality raw materials. This allows for maintaining a consistent supply of acidified whey protein, even during seasonal fluctuations.
Key players in the market are also investing in advanced technologies, such as membrane filtration and chromatography, to extract and isolate specific proteins from whey. This is helping to produce high-quality, customized acidified whey protein products that meet specific customer needs.
Key Takeaways from this Report:
- The global acidified whey protein market is expected to reach a market valuation of US$ 406.6 million, growing at a CAGR of 8.2% by 2033.
- By 2033, the United States is projected to hold a dominant share of 84.3% in the global acidified whey protein industry.
- The United States is set to reach a valuation of US$ 97.0 million by 2033.
- Europe is expected to be a significant market for acidified whey protein, with a projected CAGR of 7.2% from 2023 to 2033.
- China is projected to reach a valuation of US$ 24.7 million by 2033.
- During the forecast period, it is projected that India will experience a CAGR of 11.6% in the acidified whey protein industry.
“Technological advancements in processing methods and the emergence of new application areas have driven the market growth. The growing trend of plant-based protein sources is likely to create new opportunities for market players to expand their product portfolio and cater to a wider consumer base,” – says a lead analyst at Future Market Insights (FMI).
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Who is Winning?
- Arla Foods Ingredients
- Fonterra Co-Operative Group Limited
- Glanbia Plc
- Milei GmbH
- Grande Cheese Company
- Milk Specialties
- Hilmar Ingredients
- Euroserum
- Lactalis Ingredients
The competitive environment is facilitated by the presence of domestic and foreign players. Key companies are implementing mergers and acquisitions and new product launches as key approaches to survive in the market.
Acquisitions and mergers have allowed companies to advance the quality of their products and expand their product range. The introduction of new products to the market has enabled companies to offer popular, high-quality products and respond to changing customer trends across industries.
For instance,
- In 2021, the Arla Food Ingredients Innovation Center announced a new whey protein hydrolyzate ingredient for patients with digestive disorders. The firm is also the first to have commercial production volume for pure BLG (beta-lactoglobulin).
- In September 2022, Dyet Nutrition launched a range of protein goods to enlarge its product portfolio, including vanilla and chocolate-flavored whey protein concentrates and multivitamins.
Get More Valuable Insights:
Future Market Insights (FMI), in its new offering, provides an unbiased analysis of the global acidified whey protein market presenting historical demand data (2018 to 2022) and forecast statistics for the period from 2023 to 2033.
The study incorporates compelling insights on the acidified whey protein market based on nature (organic and conventional), form (hydrolysates, isolates, and concentrates), application (ready-to-drink powders/ powder drink mixes, ready-to-drink beverages, acidic beverages, functional beverages, juice drinks, protein bars, protein, supplements, baked goods, confectionery & desserts, snacks and cereals, ice cream, coffee creamer, nutritional products (sports nutrition, medical nutrition, and infant nutrition), dairy (processed cheese and yogurt) and others (dry mixes, seasoning blends, Frozen desserts, sorbet, soup and margarine), across regions.
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Market Outlook by Categorization:
By Form:
- Hydrolysates
- Isolates
- Concentrates
- WPC-35
- WPC-80
By Nature:
- Organic
- Conventional
By Application:
- Powder drink mixes/ Ready-to-drink powders
- Juice Drinks
- Ready-to-drink Beverages
- Protein Bars
- Functional Beverages
- Ice Cream
- Desserts & Confectionery
- Acidic Beverages
- Baked Goods
- Protein Supplements
- Coffee Creamer
- Cereals and Snacks
- Nutritional Products
- Sports Nutrition
- Infant Nutrition
- Medical Nutrition
- Others
- Dry Mixes
- Frozen Desserts
- Seasoning blends
- Sorbet
- Margarine
- Soup
- Dairy
- Processed Cheese
- Yogurt
By Region:
- North America
- Europe
- Latin America
- South Asia
- East Asia
- Oceania
- Middle East & Africa
Table of Content (ToC):
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply Side Trends
1.4. Technology Roadmap
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition
3. Market Dynamics
3.1. Drivers
3.1.1. Supply Side Drivers
3.1.2. Demand Side drivers
3.1.3. Economic Side Drivers
Complete TOC: https://www.futuremarketinsights.com/toc/rep-gb-17371
About the Food & Beverage Division at Future Market Insights (FMI):
Expert analysis, actionable insights, and strategic recommendations – the Food & Beverage team at Future Market Insights (FMI) helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.
Explore FMI’s related ongoing Coverage in Food and Beverage Domain:
Whey Protein Market Size: The whey protein market is estimated to be worth US$ 19.6 billion in 2023 and is predicted to grow to US$ 40.3 billion by 2033, at a CAGR of 7.5% from 2023 to 2033.
Condensed Whey Market Share: The global Condensed Whey market is expected to reach a market valuation of US$ 2,626 million by 2023, recording a CAGR of 5.9% from 2023 to 2033.
Demineralized Whey Powder Ingredient Market Trends: The Demineralized Whey market is expected to grow at a CAGR of 5.1 %. The market value is projected to increase from US$ 600 Million in 2022 to US$ 986.7 Million by 2032.
Hydrolysed Whey Protein Market Growth: The global hydrolysed whey protein market is expected to be valued at US$ 4,181.3 Million in 2022, and expected to reach US$ 9,541.3 Million by 2032. A CAGR worth 8.6% is expected for the market during the 2022 to 2032 forecast period.
Whey Basic Protein Isolates Market Forecast: The global whey basic protein isolates market size is expected to reach US$ 431.5 Million in 2022 and exhibit steady growth at a CAGR of 16.6% in the forecast period from 2022 to 2032.
Pea Protein Market Types: The global pea protein market Size is expected to grow at a CAGR of 11.8%. The overall market share value is projected to increase to US$ 204.5 Million by the end of this projected period in 2032.
Organic Rice Protein Market Analysis: The market for Organic Rice Protein is anticipated to expand at a CAGR of 4.1% over the forecasted time period. According to projections, the industry would be worth US$ 155.6 Million by 2032, up from US$ 104.1 Million in 2022.
Instant Protein Beverages Market Outlook: The Instant Protein Beverages market is expected to grow at a CAGR of 5.30%. The market value is projected to increase from US$ 1,860.6 Million in 2022 to US$ 3,118.4 Million by 2032.
Egg Protein Market Overview: The global egg protein market is expected to reach a valuation of US$ 8.3 Billion in 2022. Sales of egg protein are expected to increase at a CAGR of 6.7% over the forecast period, reaching US$ 16 Billion by 2032.
Plant Based Protein Beverages Market Demand: The global plant-based protein beverages market is predicted to achieve US$ 1065.3 million in 2022. Based on the report, sales of plant-based protein beverages are anticipated to climb at a CAGR of 9.60% to reach an estimate of US$ 2664.3 million by 2032.
About Future Market Insights (FMI):
Future Market Insights, Inc. (ESOMAR certified, Stevie Award - recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10 years.
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