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NEW YORK, April 4, 2022 /PRNewswire/ — The Organic Whey Protein Market value is set to grow by USD 292.37 million, progressing at a CAGR of 6.3% from 2021 to 2026, as per the latest report by Technavio.
The organic whey protein market segmentation by application (nutraceutical and food and beverages) and geography (North America, Europe, APAC, South America, and Middle East and Africa). Moreover, the increasing product launches is notably driving the organic whey protein market growth, although factors such as growing popularity of vegan protein powders may impede market growth.
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Organic Whey Protein Market Scope
Report Coverage
Details
Page number
120
Base year
2021
Forecast period
2022-2026
Growth momentum & CAGR
Accelerate at a CAGR of 6.3%
Market growth 2022-2026
$ 292.37 million
Market structure
Fragmented
YoY growth (%)
5.7
Regional analysis
North America, Europe, APAC, South America, and Middle East and Africa
Performing market contribution
North America at 49%
Key consumer countries
US, China, Germany, France, and The Netherlands
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
Arla Foods amba, Bio Synergy Ltd., ConnOils LLC, DMK Deutsches Milchkontor GmbH, Glanbia plc, Hilmar Cheese Co. Inc., Leprino Foods Co., Milk Specialties Global, Mopro Nutrition LLC, Natural Force Benefit Co., Nestle SA, NOW Health Group Inc., Organic Valley, Pro Amino International Inc., Puori ApS, The Carrington Tea Company LLC, The Organic Protein Co., Vital Proteins LLC, and Wheyd Ltd.
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
Customization preview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Organic Whey Protein Market: Regional Analysis
49% of the market’s growth will originate from North America during the forecast period. US is the key market for organic whey protein in North America. Market growth in this region will be faster than the growth of the market in Europe and MEA.
The rise in consumer awareness of the benefits of organic whey proteins, the availability of a wide range of organic whey protein products such as nutraceuticals and protein bars, and the presence of major retailers will facilitate the organic whey protein market growth in North America over the forecast period.
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Organic Whey Protein Market: Segmentation Analysis
The organic whey protein market share growth by the nutraceuticals segment will be significant during the forecast period. The growing popularity of organic foods and awareness of health and wellness will increase the application of organic whey protein in nutraceuticals, which help support the market growth through this segment.
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Some of the Key Topics Covered in the Report Include:
Organic Whey Protein Market Driver
One of the key factors driving the global organic whey protein industry growth is the increasing product launches. For instance, in October 2021, Arla Foods Ingredients launched a new protein category called Lacprodan BLG-100 is a pure BLG ingredient with a unique nutritional profile. Produced using a patented new separation technology, it contains 45% more leucine – the main muscle-building amino acid – than commercially available whey protein isolates. Similarly, in October 2021, Keventers partnered with Myprotein to create a unique Whey Protein in Keventers Coffee Flavor. The drinks are designed for the everyday milkshake-lovers who love to be fit without the rigors of the gym, the collaboration brings the tastiest, safest, and healthiest whey protein flavor to add to your daily milkshake/smoothie drink, an official statement highlighted. Such factors are expected to drive market growth in the forecast period.
Organic Whey Protein Market Challenge
One of the key challenges to the global organic whey protein industry growth is the growing popularity of vegan protein powders. The rise in the vegan population and health awareness have spurred the demand for plant protein and vegan protein powders such as pea protein and hemp protein. For example, the global pea protein market was experiencing a growth of 46.87% in 2020. Plant and vegan proteins are the substitutes of organic whey proteins, the growing demand for which is expected to increase the market competition. The use of plant proteins in nutraceuticals is decreasing the market share of organic whey protein, thereby decreasing its market growth. Thus, the increasing popularity of these substitutes is expected to limit the growth of the market in focus during the forecast period.
Download NEW Version of Free sample Report for insights on the Drivers, Trends, and Challenges that will help companies evaluate and develop growth strategies for 2022-2026
Vendor Landscape
The organic whey protein market report offers information on several market vendors, including Arla Foods amba, Bio Synergy Ltd., ConnOils LLC, DMK Deutsches Milchkontor GmbH, Glanbia plc, Hilmar Cheese Co. Inc., Leprino Foods Co., Milk Specialties Global, Mopro Nutrition LLC, Natural Force Benefit Co., Nestle SA, NOW Health Group Inc., Organic Valley, Pro Amino International Inc., Puori ApS, The Carrington Tea Company LLC, The Organic Protein Co., Vital Proteins LLC, and Wheyd Ltd. among others.
Moreover, the market is fragmented and the vendors are deploying growth strategies such as product innovation to compete in the market.
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Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Application
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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