Description
Whey Permeate Market Research Report Forecast till 2030
Market Snapshot
The worldwide Whey Permeate market is expected to enlist a CAGR of 4.35% and arrive at a worth of USD 955.80 million by 2030. Whey permeates, otherwise called the high lactose dairy item solids, is an item from which protein fixings and other milk solids are taken out. Whey permeates comprise a great deal of lactose content, at least roughly 80%. Whey permeate is adored by shoppers, inferable from its lovely flavor and sweet taste.
The rising application in the feed business is supposed to be the superb component driving the development of the worldwide whey permeate the market. Nevertheless, developing occurrences of lactose intolerance may restrain the worldwide whey permeate market during the review period. In any case, the developing utilization of whey permeates ice cream parlor items is supposed to set out rewarding open doors for the players working in the worldwide market.
Market Segmentation
In terms of application, the worldwide Whey Permeate market has been portioned into food and refreshments, creature feed, and others. The creature feed section represented a bigger piece of the pie of 56.14% in 2021, while the food and drinks portion is probably going to enlist a higher CAGR of 4.60% during the figure time frame.
Regional Analysis
North America is likewise representing the largest market in the worldwide Whey Permeate market in 2021 and is supposed to develop at a CAGR of 4.18% during the review time frame. Key elements crediting North America’s enormous offer incorporate expanding applications of whey permeate in the feed business, expanding use of dairy permeate as a substitute element for sodium decrease, and the presence of countless market players in the locale.
Providers are putting more into milk and whey Research and development than creation. This venture is to uncover the special capability, sustenance, and tangible advantages of whey and milk permeate. Its advances permeate as a cheap and flavor-upgrading fixing in end-use enterprises like creature feed and food and refreshments. Moreover, the expected permeability of critical development in permeate creation in the US has empowered a steady and quality stockpile of permeate from the country.
Europe is projected to grow at a high CAGR of 4.48% during the study time. Besides, expanding the number of acquisitions, joint efforts, and improvement of novel items in whey permeate is expected to drive the interest on the lookout. Moreover, the significance of wellness and clinical nourishment gives significant development to the whey protein market. The interest in dairy options has expanded among lactose-narrow-minded grown-ups in the European area.
Major Players
The key players in the global Whey Permeate market are Agropur Cooperative, Proliant Dairy, Inc., Sloan Valley Dairies Ltd, FIT, Melkweg Holland B.V., Hilmar Cheese Company, Inc., Glanbia plc., Arla Foods amba, Agri-Dairy Products, Inc., and Lactalis Ingredients.
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 12
1.1 MARKET ATTRACTIVENESS ANALYSIS 13
1.1.1 GLOBAL WHEY PERMEATE MARKET, BY APPLICATION 14
1.1.2 GLOBAL WHEY PERMEATE MARKET, BY REGION 15
2 MARKET INTRODUCTION 16
2.1 DEFINITION 16
2.2 SCOPE OF THE STUDY 16
2.3 RESEARCH OBJECTIVE 16
2.4 MARKET STRUCTURE 16
2.5 ASSUMPTIONS & LIMITATIONS 17
3 RESEARCH METHODOLOGY 18
3.1 DATA MINING 18
3.2 SECONDARY RESEARCH 19
3.3 PRIMARY RESEARCH 19
3.4 BREAKDOWN OF PRIMARY RESPONDENTS 20
3.5 FORECASTING TECHNIQUES 21
3.6 RESEARCH METHODOLOGY FOR MARKET SIZE ESTIMATION 22
3.6.1 BOTTOM-UP APPROACH 23
3.6.2 TOP-DOWN APPROACH 23
3.7 DATA TRIANGULATION 23
3.8 VALIDATION 24
4 MARKET DYNAMICS 25
4.1 OVERVIEW 25
4.2 DRIVERS 26
4.2.1 INCREASING APPLICATION IN THE FEED INDUSTRY 26
4.2.2 INCREASING CONSUMPTION OF MILK PRODUCTS 26
4.3 RESTRAINTS 27
4.3.1 GROWING INCIDENCES OF LACTOSE INTOLERANCE 27
4.4 OPPORTUNITIES 28
4.4.1 GROWING USE IN CONFECTIONERY PRODUCTS 28
4.5 CHALLENGE 28
4.5.1 DIFFICULTIES IN DRYING WHEY PERMEATE 28
5 MARKET FACTOR ANALYSIS 29
5.1 VALUE CHAIN ANALYSIS 29
5.1.1 RAW MATERIAL PROCUREMENT 30
5.1.2 PROCESSING 30
5.1.3 PACKAGING 30
5.2 SUPPLY CHAIN ANALYSIS 31
5.3 PORTER’S FIVE FORCES MODEL 32
5.3.1 THREAT OF NEW ENTRANTS 32
5.3.2 BARGAINING POWER OF SUPPLIERS 33
5.3.3 BARGAINING POWER OF BUYERS 33
5.3.4 THREAT OF SUBSTITUTES 33
5.3.5 INTENSITY OF RIVALRY 33
5.4 IMPACT OF COVID-19 PANDEMIC ON THE GLOBAL WHEY PERMEATE MARKET 34
5.4.1 IMPACT ON SUPPLY CHAIN 34
5.4.2 CHANGE IN MARKET GROWTH 34
5.4.3 EFFECT ON THE APPLICATION AREAS 34
5.5 PRICING ANALYSIS, 2021 35
5.5.1 NORTH AMERICA 35
5.5.2 EUROPE 35
5.5.3 ASIA-PACIFIC 35
5.5.4 SOUTH AMERICA 35
5.5.5 MIDDLE EAST & AFRICA 35
6 GLOBAL WHEY PERMEATE MARKET, BY APPLICATION 36
6.1 OVERVIEW 36
6.1.1 GLOBAL WHEY PERMEATE MARKET ESTIMATES & FORECAST, BY APPLICATION, 2022–2030 37
6.2 FOOD & BEVERAGES 37
6.2.1 FOOD & BEVERAGES: MARKET ESTIMATES & FORECAST, BY REGION, 2022–2030 38
6.3 ANIMAL FEED 38
6.3.1 ANIMAL FEED: MARKET ESTIMATES & FORECAST, BY REGION, 2022–2030 38
6.4 OTHERS 39
6.4.1 OTHERS: MARKET ESTIMATES & FORECAST, BY REGION, 2022–2030 39
7 GLOBAL WHEY PERMEATE MARKET, BY REGION 40
7.1 OVERVIEW 40
7.2 NORTH AMERICA 42
7.2.1 US 43
7.2.2 CANADA 44
7.2.3 MEXICO 44
7.3 EUROPE 45
7.3.1 UK 46
7.3.2 GERMANY 47
7.3.3 FRANCE 47
7.3.4 ITALY 48
7.3.5 SPAIN 48
7.3.6 REST OF EUROPE 49
7.4 ASIA-PACIFIC 50
7.4.1 CHINA 51
7.4.2 INDIA 52
7.4.3 JAPAN 52
7.4.4 AUSTRALIA & NEW ZEALAND 53
7.4.5 REST OF ASIA-PACIFIC 53
7.5 REST OF THE WORLD 54
7.5.1 SOUTH AMERICA 55
7.5.2 MIDDLE EAST 56
7.5.3 AFRICA 56
8 COMPETITIVE LANDSCAPE 57
8.1 INTRODUCTION 57
8.2 COMPETITIVE BENCHMARKING 58
8.3 KEY DEVELOPMENTS & GROWTH STRATEGIES 59
8.3.1 PRODUCT LAUNCH/ PRODUCT APPROVAL 59
8.3.2 PARTERSHIP/AGREEMENT 59
8.3.3 MERGERS/ACQUISITION 59
8.3.4 EXPANSION/INVESTMENT 60
8.4 COMPANY MARKET SHARE ANALYSIS 60
8.5 END-USE INDUSTRY ANALYSIS 60
8.5.1 FOOD & BEVERAGES 60
8.5.2 ANIMAL FEED 61
9 COMPANY PROFILES 62
9.1 SLOAN VALLEY DAIRIES LTD. 62
9.1.1 COMPANY OVERVIEW 62
9.1.2 FINANCIAL OVERVIEW 62
9.1.3 PRODUCTS OFFERED 62
9.1.4 KEY DEVELOPMENTS 62
9.1.5 KEY STRATEGIES 62
9.2 AGROPUR COOPERATIVE 63
9.2.1 COMPANY OVERVIEW 63
9.2.2 FINANCIAL OVERVIEW 63
9.2.3 PRODUCTS OFFERED 63
9.2.4 KEY DEVELOPMENTS 64
9.2.5 SWOT ANALYSIS 64
9.2.6 KEY STRATEGIES 64
9.3 FIT 65
9.3.1 COMPANY OVERVIEW 65
9.3.2 FINANCIAL OVERVIEW 65
9.3.3 PRODUCTS OFFERED 65
9.3.4 KEY DEVELOPMENTS 65
9.3.5 KEY STRATEGIES 65
9.4 PROLIANT DAIRY, INC. 66
9.4.1 COMPANY OVERVIEW 66
9.4.2 FINANCIAL OVERVIEW 66
9.4.3 PRODUCTS OFFERED 66
9.4.4 KEY DEVELOPMENTS 66
9.4.5 KEY STRATEGIES 66
9.5 HILMAR CHEESE COMPANY, INC. 67
9.5.1 COMPANY OVERVIEW 67
9.5.2 FINANCIAL OVERVIEW 67
9.5.3 PRODUCTS OFFERED 67
9.5.4 KEY DEVELOPMENTS 67
9.5.5 KEY STRATEGIES 67
9.6 GLANBIA PLC 68
9.6.1 COMPANY OVERVIEW 68
9.6.2 FINANCIAL OVERVIEW 69
9.6.3 PRODUCTS OFFERED 69
9.6.4 KEY DEVELOPMENTS 70
9.6.5 SWOT ANALYSIS 70
9.6.6 KEY STRATEGIES 70
9.7 ARLA FOODS AMBA 71
9.7.1 COMPANY OVERVIEW 71
9.7.2 FINANCIAL OVERVIEW 71
9.7.3 PRODUCTS OFFERED 72
9.7.4 KEY DEVELOPMENTS 72
9.7.5 SWOT ANALYSIS 73
9.7.6 KEY STRATEGIES 73
9.8 AGRI-DAIRY PRODUCTS, INC. 74
9.8.1 COMPANY OVERVIEW 74
9.8.2 FINANCIAL OVERVIEW 74
9.8.3 PRODUCTS OFFERED 74
9.8.4 KEY DEVELOPMENTS 74
9.8.5 KEY STRATEGIES 74
9.9 MELKWEG HOLLAND B.V. 75
9.9.1 COMPANY OVERVIEW 75
9.9.2 FINANCIAL OVERVIEW 75
9.9.3 PRODUCTS OFFERED 75
9.9.4 KEY DEVELOPMENTS 75
9.9.5 KEY STRATEGIES 75
9.10 LACTALIS INGREDIENTS 76
9.10.1 COMPANY OVERVIEW 76
9.10.2 FINANCIAL OVERVIEW 76
9.10.3 PRODUCTS OFFERED 76
9.10.4 KEY DEVELOPMENTS 76
9.10.5 SWOT ANALYSIS 77
9.10.6 KEY STRATEGIES 77
9.11 ARION DAIRY PRODUCTS, INC 78
9.11.1 COMPANY OVERVIEW 78
9.11.2 FINANCIAL OVERVIEW 78
9.11.3 PRODUCTS OFFERED 78
9.11.4 KEY DEVELOPMENTS 78
9.11.5 KEY STRATEGIES 78
9.12 HOOGWEGT 79
9.12.1 COMPANY OVERVIEW 79
9.12.2 FINANCIAL OVERVIEW 79
9.12.3 PRODUCTS OFFERED 79
9.12.4 KEY DEVELOPMENTS 80
9.12.5 KEY STRATEGIES 80
10 APPENDIX 81
10.1 REFERENCES 81
10.2 RELATED REPORTS 81
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