The latest market report published by Credence Research, Inc. “Whey Protein Ingredients Market, By Type (Whey Protein Concentrates 80, When Protein Concentrates 35, Whey Protein Isolates, Whey Protein Hydrosylates and Demineralized Whey Protein), Application (Bakery & Confectionary, Sports Nutrition, Frozen Food, Beverages, Pharmaceuticals, Dairy Products and Others) and Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) – Growth, Future Prospects and Competitive Analysis, 2017 – 2025,” the global whey protein ingredients market is expected to grow at a CAGR of 8.7% over the forecast period from 2017 to 2025
The purpose of the report is to illustrate the state of the market of Sterile Injectables, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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The global market for whey protein ingredients is witnessing rapid growth owing to increase in demand for whey protein hydrosylates as nutritional additive especially among sports, medical and infant formulas products in Europe and North America. Moreover, rise in per capita disposable incomes and change in lifestyles in emerging economies such as India, China, Korea and Indonesia has resulted in a surging demand for whey protein ingredients which is in turn is leading to an unparalleled increase in the growth of global whey protein ingredients market. Furthermore, surge in demand for whey protein ingredients in animal feed and meat products owing to its excellent water binding ability further drives the market growth. Bakery & confectionery and sports nutrition segments offer the extreme potential in the global whey protein ingredients market due to favorable macroeconomic factors such as increasing consumer spending and rapid urbanization. Rise in demand for animal protein based supplements such as milk protein shakes and whey protein based sports drinks among athletes are bringing impetus in the overall demand. Furthermore, increasing utilization of whey protein ingredients in the preparation of bakery & confectionery products including cakes, biscuits, muffins and candies is a major element accelerating the demand for whey protein ingredients worldwide.
Increasing competition from plant based protein coupled with lack of awareness especially among the lower middle class population group are some of the major factors hindering the market growth. Although, increasing investments on research & development activities for the production of relatively cheaper products is expected to pose vivid opportunities in the coming years.
Currently, the global whey protein ingredients market is witnessing steady growth. The major market giants are focusing to achieve full commercialization. The market is monopolistic in nature and is characterized by the presence of a few key players. Some of the major players operating in the global whey protein ingredients market include Cargill Incorporated, Arla Foods, Fonterra Co-Operative Group Ltd, Hilmar Cheese Company, Glanbia Plc, Carberry Food Ingredients, Maple Island Incorporated, Davisco Food International, Milk Specialties Global and Dairy Farmers of America among others.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Sterile Injectables buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Whey Protein Ingredients contains:
Analysis and forecast of Sterile Injectables market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Sterile Injectables market;
Assessment and forecast of Sterile Injectables market development;
Financial and business profiles of the leading companies in the Sterile Injectables industry.
– Up to date working Sterile Injectables data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Sterile Injectables for the period 2018 to 2026
– Planned Sterile Injectables additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Sterile Injectables projects by region, key countries, and companies
– Details of major planned Sterile Injectables projects in the world up to 2026
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