Global Whey Protein in Infant Formula Market Growth, Share, Size, Trends and Forecast (2024 - 2030)
By Distribution Channel;
Supermarkets, Nutrition Store, Specialist Sport Store, Online and Others.By Application;
Animal Feed and Others.By Type;
Concentrate, Isolate, and Hydrolysate.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).Introduction
Global Whey Protein in Infant Formula Market (USD Million), 2020 - 2030
In the year 2023, the Global Whey Protein in Infant Formula Market was valued at USD 12,942.13 million. The size of this market is expected to increase to USD 21,837.81 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 7.8%.
The global whey market is a dynamic segment within the dairy industry, driven by growing consumer interest in health and wellness products. Whey, a byproduct of cheese production, has gained popularity due to its high nutritional value and diverse applications across various sectors. It is rich in proteins, including essential amino acids, making it a favored ingredient in sports nutrition, infant formula, and functional foods.
In recent years, the market has witnessed robust growth attributed to increasing awareness of the benefits of whey protein, such as muscle recovery and weight management. Sports enthusiasts and athletes particularly favor whey protein supplements for their quick absorption and effective muscle-building properties. Moreover, technological advancements in processing methods have enhanced the quality and versatility of whey, expanding its applications into pharmaceuticals, animal feed, and personal care products.
Regionally, North America and Europe dominate the whey market, driven by strong demand for nutritional supplements and functional foods. However, emerging economies in Asia-Pacific are rapidly gaining traction, fueled by rising disposable incomes and a shift towards healthier lifestyles. As the global focus on nutrition and wellness intensifies, the whey market is poised for continued expansion, with innovations in product formulations and sustainability practices shaping its future growth trajectory.
Global Whey Protein in Infant Formula Market Recent Developments
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In January 2022, Abbott Laboratories acquired a leading infant formula manufacturer to strengthen its position in the global infant formula market, including whey protein-based formulas.
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In May 2023, Danone S.A. launched a new line of whey-based infant formulas under its specialized nutrition division. This innovation aimed to enhance the nutritional profile of infant formula while addressing global demand for dairy-based nutritional solutions.
Segment Analysis
The distribution of supplements and related products is segmented into supermarkets, nutrition stores, specialist sport stores, online channels, and others. Supermarkets serve as a primary retail outlet, offering a variety of supplements in a convenient, accessible environment. Nutrition stores specialize in health and wellness products, catering to consumers seeking expert guidance and curated selections. Specialist sport stores focus on products designed for athletes and fitness enthusiasts, providing targeted offerings like protein powders and recovery supplements. Online channels are growing rapidly, delivering convenience, extensive product ranges, and personalized recommendations. Other channels include pharmacies, independent retailers, and direct sales, contributing to market diversity.
By application, the market includes animal feed and others. In animal feed, supplements such as protein powders and amino acids are added to enhance the nutritional value of livestock diets, promoting health, growth, and productivity. Other applications encompass human dietary supplements and specialized uses in functional foods and beverages, catering to varied consumer health needs and preferences. The versatility of applications underscores the widespread demand for supplements across different sectors.
The segmentation by type includes concentrate, isolate, and hydrolysate. Concentrates are minimally processed and retain a higher proportion of natural nutrients, appealing to cost-conscious consumers. Isolates undergo further processing to remove most non-protein components, resulting in a highly pure protein source favored by athletes and fitness enthusiasts. Hydrolysates are pre-digested proteins that offer faster absorption and reduced allergenic potential, making them suitable for sensitive users or specialized medical applications. Each type addresses specific consumer needs, supporting growth in various market segments.
Global Whey Protein in Infant Formula Segment Analysis
In this report, the Global Whey Protein in Infant Formula Market has been segmented by Distribution Channel, Application, Type, and Geography.
Global Whey Protein in Infant Formula Market, Segmentation by Distribution Channel
The Global Whey Protein in Infant Formula Market has been segmented by Distribution Channel into Supermarkets, Nutrition Store, Specialist Sport Store, Online and Others.
With the rise of e-commerce, online platforms have become increasingly popular for purchasing whey products. Consumers can browse through a multitude of brands and product varieties, compare prices, read reviews, and conveniently have their chosen whey protein delivered directly to their doorstep. Some whey manufacturers and distributors utilize direct sales channels, including direct-to-consumer models, where products are sold directly through company websites, catalogs, or through health and fitness professionals such as personal trainers and nutritionists. This approach allows for personalized customer interaction and tailored product recommendations. These distribution channels play a crucial role in reaching a wide audience of consumers interested in whey products, ensuring accessibility, convenience, and a seamless shopping experience across different global markets.
Global Whey Protein in Infant Formula Market, Segmentation by Application
The Global Whey Protein in Infant Formula Market has been segmented by Application into Animal Feed and Others.
In the food and beverages sector, whey is used extensively due to its high protein content and functional properties. It is incorporated into products such as bakery goods, dairy products, and confectioneries to enhance nutritional value and improve texture. The rising demand for protein-enriched foods and the growing popularity of whey protein supplements among health-conscious consumers drive this segment.In the dietary supplements market, whey protein is a prominent ingredient, favored for its rich amino acid profile and rapid digestibility. It is widely consumed by athletes, bodybuilders, and fitness enthusiasts to support muscle growth, recovery, and overall performance. The increasing awareness of the health benefits associated with protein supplementation, coupled with the rising trend of fitness and wellness, significantly contributes to the growth of this segment. Additionally, innovations in product formulations, such as ready-to-drink protein shakes and protein bars, are expanding the consumer base and driving market demand.
The pharmaceutical and animal feed segments also represent important applications of whey. In pharmaceuticals, whey is utilized for its immunomodulatory and antimicrobial properties, aiding in the formulation of medicinal and therapeutic products. It is also used in infant formula due to its resemblance to human breast milk, providing essential nutrients for growth and development. In animal feed, whey serves as a valuable protein source, promoting the health and growth of livestock. The growing focus on sustainable and high-quality animal nutrition further bolsters the demand for whey in this segment.
Global Whey Protein in Infant Formula Market, Segmentation by Type
The Global Whey Protein in Infant Formula Market has been segmented by Type into Concentrate, Isolate, and Hydrolysate.
Concentrates are protein-rich products that undergo minimal processing, retaining a balance of protein, carbohydrates, and fats. They are cost-effective and widely used by consumers seeking a natural and budget-friendly option to support general health and fitness goals. Isolates are more refined than concentrates, with most non-protein components removed during processing. This results in a product with a higher protein purity, often exceeding 90%. Isolates are especially popular among athletes and fitness enthusiasts who require high-protein content with minimal fats or carbohydrates to support muscle building and recovery. Hydrolysates are pre-digested proteins broken down into smaller peptides, allowing for quicker absorption by the body. This makes them ideal for post-workout recovery and for individuals with sensitive digestion. Hydrolysates are commonly used in specialized medical nutrition, infant formulas, and high-performance sports products where rapid nutrient delivery is essential. Each type offers unique benefits, ensuring a broad appeal across different consumer segments.
Global Whey Protein in Infant Formula Market, Segmentation by Geography
In this report, the Global Whey Protein in Infant Formula Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Whey Protein in Infant Formula Market Share (%), by Geographical Region, 2023
North America, particularly the United States, is one of the largest markets due to the high consumption of protein supplements and the growing awareness of health and fitness. The well-established dairy industry and advancements in food processing technologies further bolster the market in this region. Europe also holds a significant share in the global whey market. Countries such as Germany, France, and the Netherlands are prominent due to their robust dairy industries and the high demand for functional foods and dietary supplements. The stringent regulations regarding food quality and safety in the European Union drive the production of high-quality whey products. Additionally, the increasing preference for organic and natural ingredients in food and beverages supports the market growth in this region.
The Asia Pacific region is witnessing rapid growth in the whey market, driven by rising health consciousness, increasing disposable incomes, and the expanding middle class. China, Japan, and India are key contributors to this growth. The growing sports nutrition industry and the popularity of fitness trends are boosting the demand for whey protein supplements. Moreover, the expanding food and beverage industry in emerging economies is creating new opportunities for whey product manufacturers. The region's large population and evolving dietary habits are expected to continue driving the market's expansion in the coming years.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Whey Protein in Infant Formula Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Health and wellness trends
- Demand for protein-rich diets
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Technological advancements in processing - The global whey market has seen significant technological advancements in processing techniques, which have revolutionized the industry. One major development is the use of membrane filtration technologies such as microfiltration, ultrafiltration, and nanofiltration. These methods enable the separation and concentration of whey proteins with high precision, resulting in products with superior nutritional profiles and functional properties. The adoption of these technologies has not only enhanced product quality but also improved the efficiency of the manufacturing process, reducing energy consumption and waste generation.
Another key advancement is the implementation of advanced drying technologies, such as spray drying and freeze drying. These methods allow for the production of whey protein powders with high solubility and stability, essential for various applications in food and beverage products, sports nutrition, and infant formulas. Innovations in drying processes have also led to the development of new whey protein fractions, such as whey protein isolates and hydrolysates, which offer targeted nutritional benefits and improved digestibility. The use of these sophisticated drying techniques ensures that the nutritional integrity of whey proteins is maintained throughout the production process.
Restraints:
- Price volatility
- Regulatory challenges
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Environmental concerns - The global whey market, a significant segment within the broader dairy industry, is witnessing substantial growth driven by rising health consciousness and increasing demand for protein-rich products. However, this expansion is accompanied by notable environmental concerns. The production of whey, a byproduct of cheese manufacturing, involves intensive use of water and energy, contributing to high levels of greenhouse gas emissions. The dairy industry is a major source of methane, a potent greenhouse gas, and the processes involved in whey production exacerbate this issue. Additionally, the large volumes of wastewater generated during production can lead to water pollution if not managed properly. Another environmental challenge in the whey market is the disposal of whey byproducts. Historically, whey was considered a waste product and often discarded, leading to significant environmental harm. While modern practices have found various uses for whey, such as in nutritional supplements and animal feed, the disposal of excess whey still poses a problem. Improper disposal can result in nutrient pollution in water bodies, causing eutrophication, which depletes oxygen in water and harms aquatic life. The industry must invest in sustainable waste management practices to mitigate these effects and reduce the environmental footprint of whey production.
Opportunities:
- Emerging markets
- Functional food applications
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Product innovation - The global whey market has seen significant product innovation driven by increasing consumer awareness of health and fitness. Manufacturers are developing new whey protein formulations to cater to diverse consumer needs, including whey protein isolate, concentrate, and hydrolysate products. These innovations are designed to offer improved nutritional profiles, better taste, and enhanced solubility, making them suitable for a broader range of applications, from sports nutrition to functional foods and beverages. The use of advanced processing technologies has enabled the creation of whey products with specific amino acid profiles, targeted at different age groups and dietary requirements.
In addition to formulation improvements, the whey market is witnessing innovation in packaging and delivery formats. Companies are introducing ready-to-drink whey protein shakes, protein bars, and convenient single-serve sachets, catering to the growing demand for on-the-go nutrition solutions. Eco-friendly and sustainable packaging options are also being explored to address environmental concerns, aligning with the increasing consumer preference for products with minimal environmental impact. This focus on convenience and sustainability is helping to attract a broader consumer base and expand the market reach of whey products.
Competitive Landscape Analysis
Key players in Global Whey Protein in Infant Formula Market include:
- Arla Foods
- Axiom Foods Inc
- Davisco Foods International
- DMK Deutsches Milchkontor GmbH
- Glanbia, Plc
- Hilmar Cheese Company
- Kerry Group plc
- Maple Island Inc
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Application
- Market Snapshot, By Type
- Market Snapshot, By Region
- Global Whey Protein in Infant Formula Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Health and wellness trends
- Demand for protein-rich diets
- Technological advancements in processing
- Restraints
- Price volatility
- Regulatory challenges
- Environmental concerns
- Opportunities
- Emerging markets
- Functional food applications
- Product innovation
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Compititive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Whey Protein in Infant Formula Market, By Distribution Channel, 2020 - 2030 (USD Million)
- Supermarkets
- Nutrition Store
- Specialist Sport Store
- Online
- Others
- Global Whey Protein in Infant Formula Market, By Application, 2020 - 2030 (USD Million)
- Animal Feed
- Others
- Global Whey Protein in Infant Formula Market, By Type, 2020 - 2030 (USD Million)
- Concentrate
- Isolate
- Hydrolysate
- Global Whey Protein in Infant Formula Market, By Geography, 2020 - 2030 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Whey Protein in Infant Formula Market, By Distribution Channel, 2020 - 2030 (USD Million)
- Competitive Landscape
- Company Profiles
- Arla Foods
- Axiom Foods Inc
- Davisco Foods International
- DMK Deutsches Milchkontor GmbH
- Glanbia, Plc
- Hilmar Cheese Company
- Kerry Group plc
- Maple Island Inc
- Company Profiles
- Analyst Views
- Future Outlook of the Market