Global Deproteinized Whey Market Overview
The Deproteinized Whey Market Size was estimated at 1.51 (USD Billion) in 2022. The Deproteinized Whey Industry is expected to grow from 1.59 (USD Billion) in 2023 to 2.5 (USD Billion) by 2032. The Deproteinized Whey Market CAGR (growth rate) is expected to be around 5.16% during the forecast period (2024 - 2032).
Key Deproteinized Whey Market Trends Highlighted
The deproteinized whey market presents significant opportunities for exploration due to rising consumer demand for plant-based products and the increasing popularity of whey protein isolates.
Technological advancements have led to innovative applications of deproteinized whey, creating new avenues for growth.
The trend toward healthier lifestyles and the growing dairy allergy population is driving the demand for deproteinized whey as an alternative source of nutrition.
Moreover, the expanding food and beverage industry and the development of functional foods and nutraceuticals are expected to contribute to the market's growth in the coming years.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Deproteinized Whey Market Drivers
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Rising Demand for Protein-Based Ingredients in the Food and Beverage Industry
One of the main drivers of the Deproteinized Whey Market is increasing consumer demand for high-protein foods and beverages. Deproteinized whey, a byproduct of cheese production, is a rich source of protein and essential amino acids.
The increasing use of deproteinized whey in a variety of food and beverage products such as protein bars, shakes, and supplements, and in functional foods and beverages is a common trend that is driving the growth of the market.
Moreover, the growing popularity of plant-based protein alternatives is further driving market growth, as deproteinized whey, a non-animal source of protein, can be included in vegan or vegetarian product lines.
Overall, owing to the increasing demand from the food and beverage sector, the Deproteinized Whey Market is likely to witness an increase.
Growing Awareness of the Health Benefits of Deproteinized Whey
Deproteinized whey is a type of product having more and more popularity with consumers taking their health to account. It has several health benefits being a good source of essential amino acids required by an organism to promote muscle growth and rebuild.
In addition, it is not deprived of bioactive peptides that have proven beneficial for human health as capable of reducing inflammation, immune function improvement, and weight loss promotion.
Thus, the gaining importance of the scientific evidence supporting its positive effects is one of the main factors increasing its popularity with better-informed consumers.
Expansion of the Sports Nutrition Market
The growing popularity of sports nutrition products is another prominent driver of the deproteinized whey market. Highly rich in protein and rapidly absorbed, deproteinized whey is an ingredient in such popular sports nutrition products as protein powders, bars, and shakes.
Athletes use it to build muscle tissues and repair muscle damage, accelerate recovery time, improve muscle growth, and increase muscle strength. This demand driver is expected to remain important in the future as the interest in sports nutrition products is anticipated to continue growing.
Deproteinized Whey Market Segment Insights
Deproteinized Whey Market End Use Insights
The food and beverage segment is expected to dominate the deproteinized whey market in 2023, accounting for over 50% of the total revenue.
This segment is driven by the increasing demand for deproteinized whey in the production of infant formula, sports nutrition products, and other food and beverage applications. The animal feed segment is expected to grow at a CAGR of 4.5% during the forecast period.
Deproteinized whey is used as a high-quality protein source in animal feed, particularly for swine and poultry. The growing demand for animal protein is expected to drive the growth of this segment.
The pharmaceutical segment is expected to grow at a CAGR of 5.0% during the forecast period. Deproteinized whey is used in the production of various pharmaceutical products, including drug delivery systems, excipients, and biomaterials.
The growing demand for biopharmaceuticals is expected to drive the growth of this segment. The cosmetics and personal care segment is expected to grow at a CAGR of 4.0% during the forecast period.
Deproteinized whey is used in the production of various cosmetics and personal care products, including skin care creams, lotions, and shampoos.
The growth of the market is driven by the increasing demand for deproteinized whey in various end-use industries, including food and beverage, animal feed, pharmaceuticals, and cosmetics and personal care.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Deproteinized Whey Market Source Insights
The Deproteinized Whey Market revenue is expected to grow 1.59 USD Billion in 2023 to 2.5 USD Billion in 2032 at a CAGR of 5.16 % during the forecast period.
The market growth is attributed to the increasing demand for high-protein diets, growing awareness of the health benefits of whey protein, and rising disposable income.
The Deproteinized Whey Market is segmented by Source into Sweet Whey and Acid Whey. In 2023, the Sweet Whey segment accounted for the largest market share of 65%, owing to its high protein content and functional properties.
The Acid Whey segment is expected to grow at a higher CAGR during the forecast period due to its increasing use in infant formula and sports nutrition products.
Deproteinized Whey Market Type Insights
The Deproteinized Whey Market is segmented by type into low lactose, lactose-reduced, and lactose-free.
Among these segments, lactose-free is expected to hold the largest market share in 2023, owing to the growing demand for dairy products that are suitable for lactose-intolerant individuals.
This growth is attributed to the increasing demand for deproteinized whey powder in various applications, such as infant formula, sports nutrition, and food processing.
Deproteinized Whey Market Form Insights
The form segment of the Deproteinized Whey Market is divided into powder and liquid. Powdered deproteinized whey is more popular and has a larger market share due to its ease of handling, storage, and transportation.
Powdered deproteinized whey is also more concentrated than liquid deproteinized whey, making it more cost-effective to transport and store. Liquid-deproteinized whey is typically used in applications where a liquid form is required, such as in beverages or as an ingredient in food products.
The Deproteinized Whey Market revenue for the powder form is expected to reach $1.2 billion by 2024, while the liquid form is expected to reach $0.3 billion by the same year.
The market growth for both forms is being driven by the increasing demand for deproteinized whey in the food and beverage industry, as well as the growing popularity of deproteinized whey as a dietary supplement.
Deproteinized Whey Market Concentration Insights
The Deproteinized Whey Market is segmented by Concentration into Low Concentration (50%), Medium Concentration (50-80%), and High Concentration (>80%).
Among these segments, the Medium Concentration segment held the largest market share in 2023, accounting for around 45% of the Deproteinized Whey Market revenue.
The Low Concentration segment is anticipated to witness significant growth during the forecast period 2023-2032, owing to the increasing demand for low-protein whey products in various applications such as infant formula and sports nutrition.
The High Concentration segment is projected to grow at a steady pace, driven by the rising demand for high-protein whey products in the bodybuilding and fitness industries.
Deproteinized Whey Market Regional Insights
The regional segmentation of the Deproteinized Whey Market provides valuable insights into the market dynamics and growth potential across different geographic regions.
North America is expected to dominate the market, accounting for a significant share of the Deproteinized Whey Market revenue in 2023.
The region's well-established dairy industry, growing health consciousness, and increasing demand for protein supplements drive its dominance.
Europe follows closely, with a substantial market share attributed to the presence of major manufacturers and a large consumer base seeking high-quality nutritional products.
APAC is projected to witness the fastest growth over the forecast period, driven by the rising disposable income, expanding middle class, and increasing awareness of health and wellness.
South America and MEA are expected to contribute a smaller yet steady share to the overall Deproteinized Whey Market, with growth opportunities emerging from developing economies and expanding consumer bases.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Deproteinized Whey Market Key Players and Competitive Insights
Major players in the Deproteinized Whey Market are constantly striving to gain a competitive edge by investing in research and development, expanding their product portfolio, and strengthening their distribution channels.
Leading Deproteinized Whey Market players are focused on developing innovative products that meet the evolving needs of consumers.
The Deproteinized Whey Market is characterized by intense competition, with key players adopting various strategies to differentiate their offerings and increase their market share.
Strategic partnerships, acquisitions, and collaborations are common in the Deproteinized Whey Market space as companies seek to expand their reach and enhance their capabilities.
Furthermore, Deproteinized Whey Market development is driven by ongoing technological advancements, such as the development of new production techniques and the use of advanced equipment.
Fonterra, a leading player in the Deproteinized Whey Market, has established a strong presence and a diverse product portfolio that caters to the needs of various industries.
The company is committed to sustainability and innovation and invests heavily in research and development to drive Deproteinized Whey Market growth. Fonterra's extensive distribution network and established customer base provide it with a competitive advantage in the market.
The company's focus on quality and customer satisfaction has enabled it to maintain a strong reputation and build lasting relationships with its partners.
Arla Foods, another major player in the Deproteinized Whey Market, is known for its high-quality dairy products and innovative solutions. The company has a strong presence in Europe and is expanding its reach into other regions.
Arla Foods is committed to sustainable practices throughout its operations and is focused on reducing its environmental footprint. The company's investment in research and development has led to the development of new products and technologies that cater to the evolving needs of the market.
Arla Foods' commitment to innovation and customer satisfaction has positioned it as a strong competitor in the Deproteinized Whey Market.
Key Companies in the Deproteinized Whey Market Include
- FrieslandCampina
- Fonterra
- Arla Foods
- Lactalis
- Meiji
- Savencia Fromage Dairy
- Hochdorf Holding
- Dairy Farmers of America
- Danone
- Associated Milk Producers Inc.
- Glanbia
- Kerry Group
- Leprino Foods
- China Mengniu Dairy
Deproteinized Whey Market Developments
The growing demand for deproteinized whey in the food and beverage industry, particularly in infant formula and sports nutrition products, is driving market growth.
Increasing health consciousness among consumers and the rising prevalence of lactose intolerance are further contributing to the market's expansion. Major players in the market include Glanbia, Arla Foods, and Davisco Foods International, Inc.
Recent developments include the launch of new deproteinized whey products with enhanced functionalities and the expansion of production capacities by key manufacturers to meet the growing demand.
Deproteinized Whey Market Segmentation Insights
Deproteinized Whey Market End Use Outlook
- Food and Beverage
- Animal Feed
- Pharmaceuticals
- Cosmetics and Personal Care
Deproteinized Whey Market Source Outlook
Deproteinized Whey Market Type Outlook
- Low Lactose
- Lactose Reduced
- Lactose-Free
Deproteinized Whey Market Form Outlook
Deproteinized Whey Market Concentration Outlook
- Low Concentration (50%)
- Medium Concentration (50-80%)
- High Concentration (>80%)
Deproteinized Whey Market Regional Outlook
- North America
- Europe
- South America
- Asia-Pacific
- Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
1.51(USD Billion) |
| Market Size 2023 |
1.59(USD Billion) |
| Market Size 2032 |
2.5(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
5.16% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
FrieslandCampina, Fonterra, Arla Foods, Lactalis, Meiji, Savencia Fromage Dairy, Hochdorf Holding, Dairy Farmers of America, Danone, Associated Milk Producers Inc., Glanbia, Kerry Group, Leprino Foods, China Mengniu Dairy |
| Segments Covered |
End Use, Source, Type, Form, Concentration, Regional |
| Key Market Opportunities |
Increasing demand for low-lactose dairy products Rise in production of infant formula Growing health awareness about whey protein Expansion into emerging markets Technological advancements in deproteinization |
| Key Market Dynamics |
Rising Demand for Dairy Alternatives Health-conscious Consumers Growth of the Infant Nutrition Industry Technological Advancements Increasing Consumption in Sports Nutrition |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Deproteinized Whey Market was valued at approximately USD 1.59 billion in 2023 and is projected to grow to USD 2.5 billion by 2032, exhibiting a CAGR of 5.16% during the forecast period.
North America is expected to dominate the Deproteinized Whey Market throughout the forecast period due to the high consumption of whey protein and the presence of major key players in the region.
Deproteinized Whey finds applications in the production of infant formula, nutritional supplements, beverages, bakery products, and confectionery products.
Some of the key players in the Deproteinized Whey Market include Glanbia Plc, Carbery Group, Davisco Foods International, Inc., Fonterra Co-operative Group, and Agropur Ingredients.
The growth of the Deproteinized Whey Market is attributed to the increasing demand for protein-rich products, the growing awareness of the nutritional benefits of whey protein, and the expanding application of deproteinized whey in various food and beverage products.
The Deproteinized Whey Market faces challenges such as the volatility in raw material prices, the regulatory complexities associated with whey protein products, and the intense competition from other protein sources.
The Deproteinized Whey Market is anticipated to grow at a CAGR of 5.16% from 2024 to 2032.
Key trends shaping the Deproteinized Whey Market include the growing demand for clean-label and plant-based products, the increasing use of whey protein in sports nutrition, and the development of innovative whey protein-based products.
Potential opportunities for growth in the Deproteinized Whey Market lie in the expansion of emerging markets, the development of new applications for deproteinized whey, and the integration of advanced technologies in whey protein processing.
The Deproteinized Whey Market is likely to face challenges such as the rising costs of raw materials, the increasing competition from alternative protein sources, and the stringent regulatory landscape for whey protein products in the future.
