Europe Whey Protein Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Whey protein provides various anabolic benefits such as increased muscle growth and muscle protein synthesis which supports the sports nutrition sector and is efficient in replacing milk in various food products including infant nutritional food, weight-management supplements, and nutritional beverages. The rising demand for dairy ingredients, pediatric milk segments in developing countries, health and wellness trends driving the need for supplement diet and increasing popularity of whey supplements among youngsters in Asian countries are the major factors that are boosting the growth of the market.

Europe Whey Protein Market Segments Size & Growth:

Europe Whey Protein Market size is projected to reach approximately $3.92 billion by the end of 2024 with a CAGR of close to 6.92% from $2.81 billion in 2017 during the forecast timeline 2018-2024. The major factors that propel the growth of the Europe Whey Protein Market are rising demand for dairy ingredients, consumer awareness towards healthy diet, growing functional beverage market in the Asia Pacific, rising trend of the health club and fitness center, increasing percentage of elder age people across the globe and keen interest of youngsters towards sports and nutrition. However, undefined regulatory guidelines, health/safety concerns when use is not regulated and high production cost are the factors hampering the growth of the market.

Europe Whey Protein Market Segments Share:

Europe Whey Protein Market is segmented on the basis of type, which comprises of whey protein isolate, hydrolyzed whey protein, and whey protein concentrate. Among these types, hydrolyzed whey protein segment holds the largest market share owing to the growing keen interest and health awareness. Whey protein concentrate is high in lactose and low in protein which affects the consumer buying behavior towards whey protein isolate. By application, the market is segmented into confectionery, dairy, bakery, dietary supplements and some others. Among these, dietary supplement segment dominates the market owing to the presence of buying behavior of customers coupled with a keen interest in fitness in the younger population. By Geography, the market is segmented into various regions namely U.K, France, Italy and Spain. Spain is a highly matured market for whey protein followed by Italy within the European region.

Europe Whey Protein Market Trends:

• Arla Foods Ingredients has agreed to acquire the shares in Arla Foods Ingredients S.A (AFISA) currently owned by SanCor to support the company’s ambition for market growth in South America.
• Fonterra Co-operative Group is preparing to introduce a global product-tracking system by 2020, allowing it to monitor the entire production process, from collecting milk to processing it to delivering the products to consumers.
• Unilever declared the acquisition of the organic herbal tea business, Pukka Herbs Ltd. Pukka’s health and wellness philosophy center on benefitting people, plants and planet.

Europe Whey Protein Market Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial study with significant competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

The primary critical players in the Europe Whey Protein Market are:

• Agropur MSI, LLC
• Arla Foods
• American Dairy Products Institute
• Unilever
• DMK Group