Hydrolyzed Whey Protein Market Research Report By Application (Dietary Supplements, Food & Beverages, Pharmaceuticals, Cosmetics), By Source (Milk, Soy, Pea, Other Plant-Based Sources), By Hydrolysis Degree (Low DH, Medium DH, High DH), By Grade (Food Grade, Pharmaceutical Grade, Cosmetic Grade, Industrial Grade), By Packaging (Bags, Boxes, Drums, Pailes) and By Regional (North America, Europe, South America, Asia-Pacific, Middle East and Africa) - Forecast to 2032

Hydrolyzed Whey Protein Market Overview

Hydrolyzed Whey Protein Market Size was estimated at 1.51 (USD Billion) in 2022. The Hydrolyzed Whey Protein Market Industry is expected to grow from 1.59(USD Billion) in 2023 to 2.5 (USD Billion) by 2032. The Hydrolyzed Whey Protein Market CAGR (growth rate) is expected to be around 5.16% during the forecast period (2024 - 2032).

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Key Hydrolyzed Whey Protein Market Trends Highlighted

The rising demand for sports nutrition and dietary supplements, increasing awareness of the benefits of hydrolyzed whey protein, and growing acceptance of whey protein as a natural and effective way to meet protein requirements are key market drivers.

The trend towards personalized nutrition is another prominent factor, as hydrolyzed whey protein can be tailored to meet individual health and fitness goals. Furthermore, the increasing popularity of vegan diets and the demand for plant-based alternatives to traditional animal-derived proteins are creating opportunities for the development of innovative hydrolyzed whey protein products.

The market is also driven by the growing interest in functional foods and beverages, which offer added benefits beyond basic nutrition, such as improved digestion, muscle recovery, and immune support.

Hydrolyzed Whey Protein Market Drivers

Rising Health Consciousness Among Consumers

The increasing awareness of health and fitness is a key factor in driving the hydrolyzed whey protein market. With the growing emphasis on healthy living, many consumers are choosing to eat and drink right. Hydrolyzed whey protein is a product that is an ideal choice as it is a high-quality source of protein that is easily digested and utilised by the body. Consequently, this product has become increasingly popular for use for athletes, bodybuilders, or any other person interested in overall good health and well-being.Moreover, this type of whey protein has been found to have a number of health benefits which include reduced muscle soreness, gaining more muscle and losing fat, and having a boosted immune system. With such benefits being a major attraction, this product is becoming more popular among consumers. The Hydrolyzed Whey Protein Market Industry is expected to experience notable growth in the near future as the awareness of health and fitness among consumers continues to increase.

Increasing Demand for Sports Nutrition Products

Another crucial driver of the hydrolyzed whey protein market is a rising tendency for sports and fitness activities. In order to enhance their athletic performance and recovery, several athletes and bodybuilders are beginning to accept the consumption of hydrolyzed whey protein. This form of protein acts very quickly and helps to bulk up fairly quickly, ease muscle soreness, and enhance stamina. Apart from that, hydrolyzed whey protein is a vital source of indispensable amino acids, which are necessary for muscle development and repair.As a result, it is becoming more popular among athletes at all levels. In the next years, the hydrolyzed whey protein market industry will experience rapid growth owing to the growing demand for sports nutrition products.

Expansion of the Food and Beverage Industry

The growing food and beverage industry is also driving the market growth of the hydrolyzed whey protein market. It is widely used as an ingredient in foods and beverages to increase their protein content and for functional properties such as emulsification, gelation, and foaming. The increasing demand for better-quality food products, along with the shift in consumer preference towards a healthy diet, is boosting the demand for hydrolyzed whey protein.The cost of hydrolyzed whey protein is higher as compared to the concentrate and isolate forms. However, it provides health benefits such as better digestibility and faster absorption in the body. Thus, the expansion of the food and beverage industry is expected to drive the growth of the hydrolyzed whey protein market in the near future.

Hydrolyzed Whey Protein Market Segment Insights

Hydrolyzed Whey Protein Market Application Insights

By application, the hydrolyzed whey protein market is segmented into dietary supplements, food  beverages, pharmaceuticals, and cosmetics. As of 2023, the Dietary Supplements segment leads the market and is projected to continue its domination throughout the forecast period. This segment's growth is fueled by the rising number of fitness enthusiasts who are turning to hydrolyzed whey protein to support muscle growth and repair. Food  Beverages is expected to be the fastest-growing segment, thanks to the increasing use of hydrolyzed whey protein in sports drinks, protein bars, and other fortified products.The pharmaceutical segment is anticipated to grow gently, with the increasing popularity of using hydrolyzed whey protein in medical nutrition and specialized formulas for infants and people with special needs. Finally, the cosmetics segment is also expected to grow, albeit at a modest pace, as hydrolyzed whey protein is used in skin and hair care products for its moisturizing and anti-aging effects. To sum up, the Hydrolyzed Whey Protein is expected to keep growing, driven by the increasing demand for protein-rich products and the wider acceptance of hydrolyzed whey protein.Overall, all four segments are expected to exhibit growth, thanks to an increase in production and the number of products that use this unique ingredient.

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Hydrolyzed Whey Protein Market Source Insights

Source segment is one of the factors that influence the overall dynamics of the Hydrolyzed Whey Protein Market. Historically, milk represented the major source of this product. As of 2023, this source is still dominant, generating a large proportion of the total revenue in the Hydrolyzed Whey Protein Market. The main reason is that milk protein is widely available, and the production process is well-developed. At the same time, soy and peas are becoming increasingly important as an alternative since many customers are looking for more plant-based proteins.As per the data of 2023, these two sources account for a combined estimated 15% market share in the Hydrolyzed Whey Protein Market. Other plant-based sources, such as rice and hemp, are also gaining more traction because they have unique nutritional value. In such a way, the Hydrolyzed Whey Protein Market can be described as a diverse one in terms of source, with traditional milk-based products still retaining their dominant solid position and a growing number of plant-based alternative sources being increasingly used. The present market data provides important insights that relevant stakeholders track all these trends and make more effective data-driven accurate business decisions and benefit from various opportunities.

Hydrolyzed Whey Protein Market Hydrolysis Degree Insights

The hydrolyzed whey protein market segmentation by hydrolysis degree comprises low DH, medium DH, and high DH. Among these, the low DH segment held the largest market share in 2023 and is projected to continue its dominance throughout the forecast period. This is primarily attributed to its high solubility and low bitterness, making it suitable for various applications in the food and beverage industry. The medium DH segment is also expected to witness significant growth due to its balanced properties in terms of solubility, taste, and functionality.High DH hydrolyzed whey protein, known for its high absorption rate and hypoallergenic properties, is anticipated to gain traction in the sports nutrition and infant formula segments.

Hydrolyzed Whey Protein Market Grade Insights

The hydrolyzed whey protein market segmentation by grade includes food grade, pharmaceutical grade, cosmetic grade, and industrial grade. Among these, the food grade segment held the largest market share of 45% in 2023 and is projected to continue its dominance during the forecast period. The rising demand for hydrolyzed whey protein in food and beverage applications, such as protein shakes, sports drinks, and nutritional supplements, is driving the growth of this segment. The Pharmaceutical Grade segment is expected to witness significant growth in the coming years due to the increasing use of hydrolyzed whey protein in medical applications, such as wound healing and muscle recovery.The cosmetic grade segment is also anticipated to grow steadily, driven by the rising demand for hydrolyzed whey protein in skincare and haircare products. The industrial grade segment holds a relatively smaller share of the market but is expected to show moderate growth in the future.

Hydrolyzed Whey Protein Market Packaging Insights

The packaging segment plays a crucial role in the hydrolyzed whey protein market. Bags, boxes, drums, and pails are the most commonly used packaging formats for hydrolyzed whey protein products. Bags offer flexibility and cost-effectiveness, making them a preferred choice for smaller packaging sizes. Boxes provide structural stability and protection from external factors, suitable for larger packaging sizes. Drums are often used for bulk storage and transportation, while pails offer a combination of durability and ease of handling. The market segmentation helps manufacturers target specific customer groups and develop tailored marketing strategies.Hydrolyzed Whey Protein Market data and statistics provide valuable insights into market trends, consumer preferences, and industry dynamics, enabling stakeholders to make informed decisions.

Hydrolyzed Whey Protein Market Regional Insights

The hydrolyzed whey protein market is segmented into North America, Europe, APAC, South America, and MEA. The market in North America is estimated to hold the largest share of the market in 2023 and is projected to maintain its dominance throughout the forecast period due to the increasing demand for hydrolyzed whey protein from the sports nutrition and dietary supplement industries. The market in Europe is also expected to witness significant growth during the forecast period, owing to the rising health consciousness among consumers and the growing popularity of sports nutrition products.The APAC market is projected to grow at the fastest CAGR during the forecast period, driven by the increasing disposable income and the growing awareness of the benefits of hydrolyzed whey protein among consumers. The South American and MEA markets are also expected to witness steady growth during the forecast period, supported by the increasing demand for sports nutrition products and the growing fitness trend in these regions.

Source Primary Research, Secondary Research, MRFR Database and Analyst Review

Hydrolyzed Whey Protein Market Key Players And Competitive Insights

Major players in the hydrolyzed whey protein market industry are continuously investing in research and development to improve their product offerings and cater to the evolving needs of their customers. Leading Hydrolyzed Whey Protein Market players such as Glanbia, Axiom Foods, Cargill, and Kerry have established a strong presence in the market and are constantly innovating to maintain their competitive edge. Partnerships and collaborations among market participants are becoming increasingly common in the Hydrolyzed Whey Protein Market development. These collaborations often involve research and development initiatives, product launches, and joint ventures. The Hydrolyzed Whey Protein Market Competitive Landscape is expected to remain dynamic in the coming years, with major players continuing to invest in their capabilities and new entrants emerging in the market.One of the leading companies in the Hydrolyzed Whey Protein Market is Glanbia. Glanbia is a leader in the production and supply of whey proteins and other dairy ingredients. The company has a long history of innovation in the Hydrolyzed Whey Protein Market and offers a wide range of hydrolyzed whey protein products for various applications. Glanbia's hydrolyzed whey proteins are known for their high quality and are used in a variety of products, including infant formula, sports nutrition products, and functional foods. The company has a strong presence and a well-established distribution network, which enables it to reach a wide customer base. Glanbia is committed to sustainability and is actively involved in various initiatives to reduce its environmental impact.Another key player in the hydrolyzed whey protein market is axiom foods. Axiom Foods is a supplier of high-quality dairy ingredients, including hydrolyzed whey proteins. The company offers a range of hydrolyzed whey protein products that are designed to meet the specific needs of its customers. Axiom Foods' hydrolyzed whey proteins are used in a variety of applications, including sports nutrition products, food and beverage products, and animal feed. The company is committed to providing its customers with high-quality products and services and is actively involved in research and development to improve its product offerings. Axiom Foods has a strong presence and a well-established distribution network, which enables it to reach a wide customer base.

Key Companies in the Hydrolyzed Whey Protein Market Include

• Hilmar Cheese Company


• Groupe Lactalis


• Kanegrade Ltd.


• Lactalis


• IREKS GmbH


• Euroserum International Ingrédients


• Agropur Ingredients


• Carbery Group


• DMV International Holding BV


• Milk Specialties Global, L.P.


• Fonterra


• FrieslandCampina


• Glanbia


• Arla Foods


• Ingredia Dairy Ingredients

Hydrolyzed Whey Protein Market Industry Developments

The hydrolyzed whey protein market is projected to expand at a CAGR of 5.16% from 2024 to 2032, reaching a value of USD 2.5 billion by 2032. Increasing demand for hydrolyzed whey protein in the food and beverage industry, coupled with rising consumer awareness about its nutritional benefits, is driving market growth. Key recent developments include the launch of new hydrolyzed whey protein products by major manufacturers, such as Glanbia Nutritionals and Arla Foods. Additionally, strategic partnerships and acquisitions are expected to further consolidate the market landscape.

Hydrolyzed Whey Protein Market Segmentation Insights

Hydrolyzed Whey Protein Market Application Outlook

• Dietary Supplements


• Food Beverages  


• Pharmaceuticals


• Cosmetics

Hydrolyzed Whey Protein Market Source Outlook

• Milk


• Soy


• Pea


• Other Plant-Based Sources

Hydrolyzed Whey Protein Market Hydrolysis Degree Outlook

• Low DH


• Medium DH


• High DH

Hydrolyzed Whey Protein Market Grade Outlook

• Food Grade


• Pharmaceutical Grade


• Cosmetic Grade


• Industrial Grade

Hydrolyzed Whey Protein Market Packaging Outlook

• Bags


• Boxes


• Drums


• Pailes

Hydrolyzed Whey Protein Market Regional Outlook

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  North America

  
  


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  Europe

  
  


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  South America

  
  


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  Asia-Pacific

  
  


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  Middle East and Africa