The global whey basic protein isolates market is predicted to record a stellar CAGR of 16.6% from 2022 to 2032. Valued at US$ 358.1 million in 2021 and US$ 431.5 million in 2022, the target market is set to reach an estimated value of US$ 956.2 million by 2032. This growth can be attributed to escalating health awareness among the general population across the world as well as favorable government initiatives.
Whey basic protein isolates are produced by decreasing the carbohydrate and fat content of whey. These have lower carbohydrate and lactose content which is good for the body. Whey basic protein isolates also help with conditions like obesity, malnutrition, and lactose intolerance. The rising prevalence of lactose intolerance is expected to contribute to global market growth. This growth is further aided by the rapid expansion of the food and beverage industry as well as by the introduction of novel products developed by key manufacturers. These aspects are a few of the factors that induce growth for whey basic protein isolates in the global market.
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The market for whey basic protein isolates is also strongly influenced by the need to reduce the risk of cardiovascular disorders among people. The consumption of supplements infused with whey basic protein isolates is used to help with the management of cardiovascular conditions which augurs well for the target market. Further, the growing participation of the young generation in sports and fitness activities all over the world is one of the significant factors that is estimated to promote the global whey basic protein isolates market growth during the assessment period. In addition, a growing number of fitness clubs and elevated demand for nutritional food and beverages, specifically among the millennial population, are also driving market growth.
Other factors like the increasing adoption of whey basic protein isolates in bakery and confectionery products as well as their capacity to emulsify and thicken these products are likely to fuel growth. Isolates also aid in enhancing the water-binding, gelation, nutritional fortification, and solubility attributes of bakery and confectionery products. All of these factors propel the whey basic protein isolates market forward during the projection period.
Key Takeaways:
- Poor-quality of whey isolate products often include processed ingredients and added sugar which deters the growth of the target market during the observation period.
- The whey basic protein isolate market in North America will likely be driven by the growing prevalence of lifestyle-related disorders.
- Asia Pacific will emerge as a remunerative pocket for the whey basic protein isolate market due to heightened demand for functional food and beverages.
- High demand for whey basic protein isolates in the personal care sector owing to benefits like improved immunity, fat loss, the surge in strength, and others strengthen prospects for the market.
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Competitive Landscape
Milk Specialties Global, Clover Fonterra Ingredients Proprietary Limited, Optimum Nutrition, Inc., Kerry Group plc, Saputo Ingredients, Sports Nutrition Technology among others are some of the major players in the whey basic protein isolate market profiled in the full version of the report.
Leading market participants are concentrating on strategies to help expand their product portfolios and their consumer base. These enterprises are also keen on inorganic growth strategies like mergers, acquisitions, contracts, joint ventures, partnerships, and collaborations to strengthen their market position.
More Insights into Whey Basic Protein Isolates Market
FMI offers an unbiased analysis of the global whey basic protein isolates market, providing historical data from 2015 to 2020 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented on the basis of product end-use, type, application, and region.
According to the same reports, based on regional segmentation, the whey basic protein isolates market in North America will display considerable growth during the assessment period. This region is anticipated to account for the largest share of the whey basic protein isolate market. The growing prevalence of lifestyle-related issues such as obesity, high disposable income, and changing dietary habits of consumers in the US and Canada is accountable for the growth of the whey basic protein isolate market in North America. In addition, the Asia Pacific region is also expected to exhibit notable growth during the forecast period.
Key Segments Profiled in the Whey Basic Protein Isolates Industry Survey
By End-use Industry:
- Food and Beverages
- Pharmaceutical
- Others (Animal Feed)
By Type:
- Cow
- Buffalo
- Goat
By Application:
- Infant Formula
- Sports Nutrition
- Dairy Products
- Others
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- APEJ
- Japan
- Middle East and Africa
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Frequently Asked Questions
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