North America Whey Protein Market By Type (Whey Protein Concentrate (WPC), Whey Protein Isolate And Whey Protein Hydrolysate) By Application (Dairy, Bakery, Dietary Supplements, Confectionery, Pharmaceuticals And Instant Formula), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2018–2023)

North America Whey Protein Market By Type (Whey Protein Concentrate (WPC), Whey Protein Isolate And Whey Protein Hydrolysate) By Application (Dairy, Bakery, Dietary Supplements, Confectionery, Pharmaceuticals And Instant Formula), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2018–2023)

ID: 556 | Pages: 145 | April 2018 | Region: North America


North America Whey Protein Market was worth $2.79 billion in 2018 and estimated to be growing at a CAGR of 6.62%, to reach $3.84 billion by 2023. Import and export of whey protein is highest in North America region and is expected to grow at a faster rate in the forecast period.

Whey protein is prepared by separating the casein content from the milk and removing major allergens. These proteins are widely used in the clinical sector and expected to emerge at a fast rate. The growing prescription of enhancements by doctors is giving an opportunity for manufacturers to build products that are clinically proven and accepted.

Rising awareness among consumers for health needs and wellness is driving the market. Trend is observed among customers for ready to go meals due to work culture and busy lifestyle. Whey protein provides them with energy and at the same time helps them to stay healthy. Side effects associated with over consumption of whey protein like nausea, thirst, loss of appetite cramps, diarrhoea, headache, tiredness, and bloating are hindering the market growth.

The North America Whey Protein market is segmented on the basis of type into Whey protein concentrate (WPC), Whey protein isolate and Whey protein hydrolysate. WPC, which is high in lactose and low in protein, leads the market with highest number of shares. It is mainly used in the production of nutritional supplements and protein beverages. On the basis of application the market is segmented into Dairy, Bakery, Dietary supplements, Confectionery, Pharmaceuticals and Instant formula. Dietary supplements sector is the largest segment and expected to remain the same in the forecast period.

Based on geography the North America market is analysed under regions namely, USA and Canada. An explosive drift of healthy food was observed in regions like US and Canada creating a demand for ingredients such as whey protein. 

Some of the key players influencing the whey protein market dynamics are Agropur MSI, DMK Group, Arla Foods, Hilmar Cheese Company, Glanbia, American Dairy Products Institute, Davisco Foods International, Inc., Milk Specialties Global, and Maple Island, Inc.

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 New Developments

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 By Type        

                                5.1.1 Whey protein concentrate (WPC)

                                5.1.2 Whey protein isolate

                                5.1.3 Whey protein hydrolysate

                5.2 By Application           

                                5.2.1 Dairy

                                5.2.2 Bakery

                                5.2.3 Dietary supplements

                                5.2.4 Confectionery

                                5.2.5 Pharmaceuticals

                                5.2.6 Pharmaceuticals

6. Geographical Analysis                              

                                6.1 Introduction

                                6.2 United States

                                6.3 Canada 

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 Agropur MSI              

                                8.1.1 Overview

                                8.1.2 Product Analysis

                                8.1.3 Strategic Evaluation and Operations

                                8.1.4 Financial analysis

                                8.1.5 Legal issues

                                8.1.6 Recent Developments

                                8.1.7 SWOT analysis

                                8.1.8 Analyst View

                8.2 DMK Group

                8.3 Arla Foods  

                8.4 Hilmar Cheese Company      

                8.5 Glanbia        

                8.6 American Dairy Products Institute    

                8.7 Davisco Foods International

                8.8 Milk Specialties Global           

                8.9 Maple Island              

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. Expert Opinions                        

                10.1 Market Outlook     

                10.2 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 technology, component, and type 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 analysing 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
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  1. North America Whey Protein Market By Region, From 2018-2023 (USD Billion)
  2. North America Whey Protein Market By Type, From 2018-2023 (USD Billion)
  3. North America Whey protein concentrate (WPC) Market By Region, From 2018-2023 (USD Billion)
  4. North America Whey protein isolate Market By Region, From 2018-2023 (USD Billion)
  5. North America Whey protein hydrolysate Market By Region, From 2018-2023 (USD Billion)
  6. North America Whey Protein Market By Application, From 2018-2023 (USD Billion)
  7. North America Dairy Market By Region, From 2018-2023 (USD Billion)
  8. North America Bakery Market By Region, From 2018-2023 (USD Billion)
  9. North America Dietary supplements Market By Region, From 2018-2023 (USD Billion)
  10. North America Confectionery Market By Region, From 2018-2023 (USD Billion)
  11. North America Pharmaceuticals Market By Region, From 2018-2023 (USD Billion)
  12. North America Instant formula Market By Region, From 2018-2023 (USD Billion)
  13. United States Whey Protein Market By Type, From 2018-2023 (USD Billion)
  14. United States Whey Protein Market By Application, From 2018-2023 (USD Billion)
  15. Canada Whey Protein Market By Type, From 2018-2023 (USD Billion)
  16. Canada Whey Protein Market By Application, From 2018-2023 (USD Billion)
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