Global whey protein market outlook and utilization trends

Published Oct 11, 2023

Tridge summary

The global whey protein market is expected to grow at an average annual rate of 8.9% until 2032, reaching approximately $19.26 billion. Whey protein is attracting attention in the sports and fitness industry for its ability to strengthen bones and build muscle. However, the growth of the whey protein market may be hindered by the increasing demand for plant-based alternatives and vegetarianism. Japanese and European companies are developing functional dairy products using whey protein to target the elderly population.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

[Livestock News Reporter Min Byeong-jin] Successive launches of functional dairy products targeting the elderly ▲Expected to grow at an average annual rate of 8.9% until 2032 Last year, global whey protein market sales reached approximately $8.25 billion (approximately KRW 10.9 trillion), and are expected to reach approximately $19.26 billion (approximately KRW 25.5 trillion) in 2032, growing at an average annual rate of 8.9%. Whey protein is high in calcium, potassium, phosphorus, magnesium and sodium, and its main ingredient, lactose, is known to play an important role in mineral absorption. In particular, it is attracting the attention of athletes and other people who exercise as it is known that whey protein intake helps strengthen bones and build muscle. In addition, it is emerging as a premium product as it expands into the cosmetics field, including shampoo, conditioner, hair dye, facial cream, and eye cream, as well as weight management and sports nutrition enhancement ...

Source: Chuksannews