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Deproteinized Whey Market

Deproteinized Whey Market

Deproteinized Whey Market Analysis, By Application (Dairy Products, Beverages, Dry Mixes, Prepared Foods, Bakery & Confectionery) By Lactose Concentration (85%, 83%, 70%) By Distribution Channel (Direct, Indirect) - Global Market Insights 2022 to 2032

Deproteinized Whey Market
FACT652MR
  • Jul-2022
  • List of Tables : 84
  • List of Figures : 112
  • 170 Pages
  • Food & Beverage

Deproteinized Whey Market Outlook (2022-2032)

The global deproteinized whey market currently stands at a valuation of US$ 5.14 billion and is anticipated to transcend a revenue of US$ 8.91 billion by the end of 2032. Worldwide sales of deproteinized whey products are projected to increase at a CAGR of 5.6% from 2022 to 2032.

Increasing focus on health has given rise to higher demand for protein supplements and other dietary supplements, which has led to rising demand for vitamins, minerals, and whey.

Report Attributes

Details

Deproteinized Whey Market Size (2022E)

US$ 5.14 Billion

Forecasted Market Value (2032F)

US$ 8.91 Billion

Global Market Growth Rate (2022-2032)

5.6% CAGR

North America Market Share (2022)

37.6%

Europe Market Share (2022)

28.7%

Key Companies Profiled

  • Eccofeed
  • Davis feed
  • Vitusa
  • Agropur Ingredients
  • Graham Chemical
  • UGA Group
  • PhilChema
  • Saputo Ingredients
  • Lynn Diary
  • Ace International
  • Hoogwegt

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Deproteinized Whey Consumption Analysis (2017-2021) in Comparison to Market Forecasts (2022-2032)

Fresh sweet whey is processed by ultra-filtration to obtain deproteinized whey. It consists of around 4% protein and 60% to 85% lactose and has a shelf life of approximately 12 months.

It is widely used in the bakery industry as it has an excellent flavour profile and also reduces the salt content in products. Rising consumption of dietary supplements, increasing use in infant food formulas, and the low-fat nature of deproteinized whey promoting its use in the food processing industry are other factors that drive demand for deproteinized whey throughout the forecast period.

Changing dietary preferences and prevalence of lifestyle disorders are also expected to favour deproteinized whey market potential over the coming years. From 2022 to 2032, shipments of deproteinized whey are projected to rise at a 5.6% CAGR.

Deproteinized whey market forecast by Fact.MR

Which Market Factor is Defining Deproteinized Whey Sales Trajectory?

“Rising Global Demand for Breast Milk Alternatives”

Lactation issues in women have increased over the past few years owing to ill eating habits and changes in lifestyle leading to lifestyle disorders. This has led to a notable increase in demand for breast milk alternatives and is subsequently driving deproteinized whey consumption.

Deproteinized whey is being widely used in infant food formulas as opposed to synthetic ingredients and this is expected to propel deproteinized whey market growth over the forecast period.

An Adaptive Approach to Modern-day Research Needs

How Can Start-ups Strengthen their Market Presence?

“New Market Entrants Can Focus on Mergers & Collaborations to Advance their Market Presence”

  • In June 2022, Edible Garden AG Inc., a leading name in sustainable produce, announced that it had entered into a product development agreement with Nutracom, a renowned developer and contract manufacturer of nutraceuticals. The new product line is expected to have more vitamins, whey proteins, etc.

New entrants can focus on entering into such partnerships and collaborations to fast-track product development and launch cycles, which could propel their revenue generation capacity.

Aspiring market players can focus on the sustainability trend to create novel offerings and further strengthen their foothold in the market amidst key players.

Which Region is Investment-worthy for Deproteinized Whey Suppliers?

“Asia Pacific Market to Exhibit Attractive Growth Opportunities”

Deproteinized whey manufacturers should keep an eye out for opportunities in the Asia Pacific region throughout the forecast period. Increasing investments in the food processing industry and rising demand for whey permeate in this region are expected to drive deproteinized whey market growth over the years to come. China and India are anticipated to be key markets in this region through 2032.

At present, deproteinized whey market in China accounts for a valuation of US$ 380.7 million and a market share of 7.4% in the global landscape.

The market for deproteinized whey in North America holds a prominent market share of 37.6% in 2022 and accounts for a revenue total of US$ 1.93 billion. Increasing focus on health and fitness, the incidence of lactation issues in women, and technological advancements in the dairy industry are expected to notably drive demand for deproteinized whey powder in this region through 2032.

Europe deproteinized whey market is expected to expand with similar factors driving the growth in this region. In 2022, the market in Europe stands at a value of US$ 1.47 billion and accounts for a significant market share of 28.7%.

Analysts at Fact.MR, a market research and competitive intelligence provider, have prepared a complete regional assessment in this latest deproteinized whey market survey.

Which Segment Leads Overall Deproteinized Whey Demand?

“70% Concentrated Deproteinized Whey to Witness High Demand”

In terms of lactose concentration, the deproteinized whey market is segmented into 85% concentration, 83% concentration, and 70% concentration.

The 70% concentration segment is projected to witness high demand across the forecast period owing to its high use in bakery products and dietary supplement manufacturing.

The use of deproteinized whey in the bakery industry helps in the reduction of salt concentration in bakery products and also enhances taste due to deproteinized whey’s sensory profile.

Increasing demand for alternatives for breast milk is also expected to drive the consumption of deproteinized whey across the forecast period. Low ash content and mineral content in 70% concentrated deproteinized whey is also expected to drive its popularity across the forecast period.

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Competitive Landscape

Deproteinized whey manufacturers are looking to expand their business potential to enable maximum revenue generation by adopting new strategies to penetrate lucrative regional markets.

  • In June 2020, China approved the use of imported whey permeates in the food and beverage industry. This decision was a result of a trade agreement made between the United States and China. Arla Food Ingredients a leading dairy producer welcomed this news and was expected to expand its whey permeate business in the country.

Key Segments Covered in Deproteinized Whey Industry Research

  • Deproteinized Whey Market by Lactose Concentration :

    • 85% Concentration
    • 83% Concentration
    • 70% Concentration
  • Deproteinized Whey Market by Application :

    • Dairy Products
    • Beverages
    • Dry Mixes
    • Prepared Foods
    • Bakery & Confectionery
    • Others
  • Deproteinized Whey Market by Sales Channel :

    • Direct Sales of Deproteinized Whey
    • Indirect Sales of Deproteinized Whey
      • Modern Trade
      • Departmental Stores
      • Online Stores
      • Others
  • Deproteinized Whey Market by Region :

    • North America
    • Latin America
    • Europe
    • APAC
    • MEA

- FAQs -

Currently, the global deproteinized whey market stands at US$ 5.14 billion.
By 2032, deproteinized whey sales are expected to reach US$ 8.91 billion.
The market for deproteinized whey is expected to progress at 5.6% CAGR through 2032.
The China deproteinized whey market accounts for a valuation of US$ 380.7 million.

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