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GIA announces the release of a comprehensive global report on Whey Protein Ingredients markets. Global market for Whey Protein Ingredients is projected to cross 1.8 billion pounds by 2020, driven by increasing focus on health maintenance and the ensuing rise in demand for whey protein supplements.
San Jose, California (PRWEB) July 08, 2014
Follow us on LinkedIn - Proteins are considered vital for human beings, given their significance in promoting wellness and health. Among protein ingredients, whey has emerged from a low-profile commodity to a value enhancing ingredient, with numerous desirable nutritional and functional properties. When compared to other protein sources, whey has higher nutritional quality, with a growing body of scientific evidence reinforcing its ability to build muscle, and also address cardiovascular diseases and metabolic syndrome. Milk-based nutritional beverages, infant formulas, weight management products and sports nutrition are some of the key end-use applications for whey proteins.
Increasing consumer acceptance of sports nutrition products continues to significantly promote growth in the whey protein ingredients market. Effervescent product innovation and expansion in end-use applications are also helping spur growth in the market. Demand for high quality, premium whey protein ingredients such as whey hydrolysates (WPH), Whey Protein Isolate (WPI) and WPC80, is currently on the rise supported by widespread applications in nutrition sectors such as clinical nutrition and sports food, among others. Development of new functional properties of whey protein is additionally helping expand the use of whey protein in both existing and emerging new end-use sectors.
While growing population and urbanization offers impetus to market growth, expanding geriatric population is also stimulating demand, as products fortified with whey proteins help meet the daily dietary requirements of proteins of the elderly. Moreover, increasing obesity levels the world over and commensurate rising focus on weight management is spurring demand for various whey based products. Surging adoption of whey protein infant formula especially in developing economies such as China is also aiding market growth.
As stated by the new market research report on Whey Protein Ingredients, Europe represents the largest market worldwide, while Asia-Pacific is forecast to emerge as the fastest growing market with a CAGR of 3.8% over the analysis period. Demand for high-end whey products is particularly high in the region, supported by factors such as increased emphasis on leading active and healthy lifestyles, growing disposable incomes, and the ensuing adoption of sports nutrition, weight management, clinical nutrition and infant nutrition products in countries such as China and India.
Major players covered in the report include Arla Foods Amba, Carbery Food Ingredients, Cargill Inc., Dairy Farmers of America Inc., Davisco Foods International Inc., Foremost Farms USA, Glanbia Plc, Grande Custom Ingredients Group, Hilmar Cheese Company, MG Nutritionals, Royal FrieslandCampina, Valio Ltd., and Volac International Ltd., among others.
The research report titled Whey Protein Ingredients: A Global Strategic Business Report announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, drivers, issues, and strategic industry activities of companies worldwide. The report provides market estimates and projections in Thousand lbs (Pounds) for all major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, and Rest of Asia-Pacific), Latin America and Rest of World.
For more details about this comprehensive market research report, please visit http://www.strategyr.com/Whey_Protein_Ingredients_Market_Report.asp.
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
Global Industry Analysts, Inc.
Web Site: http://www.StrategyR.com/
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