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Pulished Date April, 2021
ID: 10132
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Latin America Condensed Whey Market by product (Acid, Sweetened, and Plain), by Application (Animal Feed, Meat Products, Jams and Jellies, Sauces, Soups, and Dressings, Bakery Products & Confectionery, Dairy Products, Food and Beverage, and Others), and country, Market Share, In-Depth Analysis, Detailed Overview, and Forecast, 2021-2026

Pulished: April, 2021
ID: 10132
Pages: 130

Latin America Condensed Whey Market Analysis 2021-2026:

The Latin America Condensed Whey Market was expected to be USD x.xx million in 2020 and is anticipated to reach an extent of USD x.xx million, recording a notable CAGR throughout the foreseen period (2021-2026).

Condensed whey is the thick or runny liquid that remains after milk is coagulated and filtered. It is derived during cheese or casein production and has a different commercial application. Whey protein is a kind of spherical protein that are isolated from whey. Whey protein is a combination of alpha-lactalbumin, beta-lactoglobulin, bovine serum albumin and immunoglobulins. These contents are soluble in their natural forms whatever the pH.

Recent Developments

  1. In 2003, Agri-Mark shoot hands with the Chateaugay Cooperative in New York and purchased the assets of McCadam Cheese, including a manufacturing unit in Chateaugay. McCadam makes award-winning Cheddar, Muenster and European New York cheeses. Most condensed whey solids are processed and dried into powder within 8 hours of cheese making.
  2. DMK Group, a German-based dairy company and Volac ended their joint collaboration in DV Nutrition (DVN). With this acquisition, DMK hopes to operate in more lucrative and higher value-added markets such as baby food, clinical nutrition and food applications in Asia pacific. DVN will be integrated into the "whey ingredients" division within the industry business unit and will be managed by the wheyco subsidiary. Beginning January 1, 2020, subject to prior uthorization from the competition, the DMK group is expected to acquire all shares in the joint venture.
  3. Whey-based dairy ingredients reported to be used nationally in human consumption last year totaled 1.155 million pounds, down 13.3% from 2015, according to the 2016 Dairy Utilization Report. Production Trends from the American Dairy Association (ADPI), released this week.

REPORT METRIC

DETAILS

Market Size Available

2020 – 2026

Base Year

2020

Forecast Period

2021 - 2026

CAGR

XX%

Segments Covered

By Product, and By Application

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Countries Covered

Brazil, Mexico, and Argentina

Market Leaders Profiled

Fonterra Co-operative Group Limited, Leprino Foods Company Inc, Saputo Inc, Chicago Dairy Corporation, Agropur Inc, Berkshire Dairy and Food Products, Agri-Mark Inc, Associated Milk Producers Inc, Dairy Farmers of America, Inc, and Foremost Farms USA Cooperative

Market Drivers and Restraints:

Increasing awareness of physical appearance and the nutritional importance of serum for improving muscle strength in athletes is expected to stimulate growth. Also, rising disposable income of middle-income groups in developing countries, especially China, India and Japan, is expected to spur the adoption of products such as functional foods in the near future. The increasing demand for healthy eating, along with the growing awareness of healthy lifestyles, are some of the main factors that can drive the growth of the Latin America condensed whey market. Additionally, increased consumption of dietary supplements and whey protein for muscle building is another factor that is expected to drive revenue growth in the local market. Furthermore, the increasing number of dairy processing units in developed and developing countries is a factor that is believed to drive growth in the target market during the projection period. However, some people may face an allergic reaction due to excessive consumption of whey or whey protein foods, and this is a crucial factor that is expected to hamper the growth of the Latin American market during the projection period.

Market Segmentation:

The Latin America Condensed Whey Market is segmented based on product, application, and geography. Based on product, the market is divided into Acid, Sweetened, and Plain. Depending on the Application, the market is segmented into Animal Feed, Meat Products, Jams and Jellies, Sauces, Soups, and Dressings, Bakery Products & Confectionery, Dairy Products, Food and Beverage, and Others.

Impact of covid-19 on Latin America Condensed Whey Market

COVID-19 pandemic is supposed to continue to influence the food sector and its supply chains. Due to this uncertainty, the F&B sector experienced delays in the supply of products. Many companies have launched contingency plans to build in-depth supply chain facilities across the country. Food retailers remain committed to preserving local supplies to combat the danger of interregional transportation bans. Food manufacturers with services in other countries have begun working with local suppliers to keep products moving and overcome potential ingredient shortages. The F&B culture that had flourished over the past decades will have to see new challenges with the slowdown of the Coronavirus, such as recovering from losses and a preference for ordering food online. Additionally, condensed traffic to hotels will have an understandable cascading effect on returns to the food and beverage industry, affecting the entire hotel ecosystem.

Regional Analysis:

The Latin America Condensed Whey market has been categorized by geography into Mexico, Brazil, Peru, Chile, and the rest of the Latin America. The advanced economies in Latin America, such as Mexico, contribute majorly to the global market. Economic growth in key emerging economies in these regions has led to increased disposable income and increased consumer spending on healthy foods and lifestyles.

Leading Company

Leprino Foods Company had the substantial share of the Latin America Condensed Whey Market in terms of sales and revenue in 2019.

Key Players

Key players in the Latin America Condensed Whey Market include Fonterra Co-operative Group Limited, Leprino Foods Company Inc, Saputo Inc, Chicago Dairy Corporation, Agropur Inc, Berkshire Dairy and Food Products, Agri-Mark Inc, Associated Milk Producers Inc, Dairy Farmers of America, Inc, and Foremost Farms USA Cooperative.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Product                        

                                5.1.1 Introduction           

                                5.1.2 Plain           

                                5.1.3 Sweetened             

                                5.1.4 Acid            

                                5.1.5  Y-o-Y Growth Analysis, By Product              

                                5.1.6  Market Attractiveness Analysis, By Product            

                                5.1.7  Market Share Analysis, By Product              

                5.2 Application                 

                                5.2.1 Introduction           

                                5.2.2 Food and Beverage             

                                                5.2.2.1 Dairy Products

                                                5.2.2.2 Bakery Products & Confectionery

                                                5.2.2.3 Sauces, Soups and Dressings

                                                5.2.2.4 Jams and Jellies

                                                5.2.2.5 Meat Products

                                5.2.3 Animal Feed           

                                5.2.4 Others      

                                5.2.5 Y-o-Y Growth Analysis, By Application         

                                5.2.6 Market Attractiveness Analysis, By Application       

                                5.2.7 Market Share Analysis, By Application        

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Product

                                                6.1.3.3 By Application

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Product

                                                6.1.4.3 By Application

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Product

                                                6.1.5.3 By Application

                6.2 Latin America                             

                                6.2.1 Introduction           

                                6.2.2 Brazil          

                                6.2.3 Argentina

                                6.2.4 Mexico     

                                6.2.5 Rest of Latin America          

7. Strategic Analysis                                       

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis                                        

                8.1 Leprino Foods Company Inc.                               

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Foremost Farms USA Cooperative, Inc.                          

                8.3 Dairy Farmers of America, Inc.                           

                8.4 Associated Milk Producers Inc.                          

                8.5 Agri-Mark, Inc.                          

                8.6 Berkshire Dairy and Food Products                  

                8.7 Agropur Inc.                               

                8.8 Chicago Dairy Corporation                    

                8.9 Saputo Inc.                 

                8.10 Fonterra Co-operative Group Limited                          

9. Competitive Landscape                                           

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                         

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of By Product, By Application, and along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Latin America Condensed Whey Market By Region, From 2021-2026 ( USD Billion )
  2. Latin America Condensed Whey Market By Product, From 2021-2026 ( USD Billion )
  3. Latin America Plain Market By Region, From 2021-2026 ( USD Billion )
  4. Latin America Sweetened Market By Region, From 2021-2026 ( USD Billion )
  5. Latin America Acid Market By Region, From 2021-2026 ( USD Billion )
  6. Latin America Condensed Whey Market By Application, From 2021-2026 ( USD Billion )
  7. Latin America Food & Beverages Market By Region, From 2021-2026 ( USD Billion )
  8. Latin America Dairy Products Market By Region, From 2021-2026 ( USD Billion )
  9. Latin America Bakery Products & Confectionery Market By Region, From 2021-2026 ( USD Billion )
  10. Latin America Sauces, Soups and Dressings Market By Region, From 2021-2026 ( USD Billion )
  11. Latin America Jams & Jellies Market By Region, From 2021-2026 ( USD Billion )
  12. Latin America Meat  Products Market By Region, From 2021-2026 ( USD Billion )
  13. Latin America Animal Feed Market By Region, From 2021-2026 ( USD Billion )
  14. Latin America Others Market By Region, From 2021-2026 ( USD Billion )

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