LONDON--(BUSINESS WIRE)--Technavio has been monitoring the whey protein ingredients market and it is poised to grow by USD 3.33 billion during 2020-2024, progressing at a CAGR of over 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
The global whey protein ingredients market will have a positive impact due to the spread of COVID-19. The extension of containment efforts is leading to increased demand and reduced production. Hence, prices are expected to remain elevated during the short term, thereby resulting in an improved topline growth of vendors.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Request for Technavio's latest reports on directly and indirectly impacted markets. Market estimates include pre- and post-COVID-19 impact on the Whey Protein Ingredients Market Download free sample report
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Agropur cooperative, Arla Foods amba, Carbery Food Ingredients Ltd., Fonterra Co operative Group Ltd., Glanbia Plc, Groupe Lactalis, Hilmar Cheese Co. Inc., Royal FrieslandCampina NV, Saputo Inc., and Valio Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Increasing product launches have been instrumental in driving the growth of the market. However, the increasing popularity of plant-based proteins might hamper market growth.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/whey-protein-ingredients-market-size-industry-analysis
Whey Protein Ingredients Market 2020-2024: Segmentation
Whey Protein Ingredients Market is segmented as below:
-
Product
- Whey Protein Concentrate
- Whey Protein Isolate
- Hydrolyzed Whey Protein
- Others
-
Geography
- North America
- Europe
- APAC
- South America
- MEA
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43542
Whey Protein Ingredients Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our whey protein ingredients market report covers the following areas:
- Whey Protein Ingredients Market Size
- Whey Protein Ingredients Market Trends
- Whey Protein Ingredients Market Industry Analysis
This study identifies increasing mergers and acquisitions as one of the prime reasons driving the whey protein ingredients market growth during the next few years.
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Whey Protein Ingredients Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist whey protein ingredients market growth during the next five years
- Estimation of the whey protein ingredients market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the whey protein ingredients market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of whey protein ingredients market vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Whey protein concentrate - Market size and forecast 2019-2024
- Whey protein isolate - Market size and forecast 2019-2024
- Hydrolyzed whey protein - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by Product
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
- Competitive scenario
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Agropur cooperative
- Arla Foods amba
- Carbery Food Ingredients Ltd.
- Fonterra Co-operative Group Ltd.
- Glanbia Plc
- Groupe Lactalis
- Hilmar Cheese Co. Inc.
- Royal FrieslandCampina NV
- Saputo Inc.
- Valio Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
