The latest market report published by Credence Research “Global Whey Permeate Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028”. The Global Whey Permeate Market generated revenue of around USD 682.5 billion in 2021 and is anticipated to grow a CAGR of over 3.9% during the forecast period from 2022 to 2028 to reach around USD 858.6 billion in 2028.
The most economical dairy solids source is whey permeate. Whey permeate can easily take the place of whey powder in beverage, food, and feed applications due to its pure dairy flavor. Whey protein is extracted from pasteurized white cheese whey using ultrafiltration to create whey permeate. Whey permeate is another name for solid dairy products with high lactose content. Whey permeates a sweet flavor and pleasant taste, making it popular with consumers. Compared to sweet whey that is sold commercially, whey permeate is sweeter. Thus, whey permeate is increasingly in demand across the globe from the confectionery industry. Whey permeate is recognized as a GRAS-approved product, making it safe and suitable for feed and food applications. Whey permeate can also be used with more expensive ingredients like pure lactose and whey powder, making it more affordable. The demand for whey permeates anticipated to increase during the forecast period. However, growing lactose intolerance and consumer awareness are expected to limit market growth throughout the forecast period. Globally, lactose intolerance has increased in frequency in recent years.
The global whey permeate market is bifurcated into Applications and Geography. Based on applications, the market is categorized into food & beverage, animal feed, and others industries. Geographically, the market is divided into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
North America dominated the global whey permeate market in 2021 and is anticipated to do so throughout the forecast period. According to International Dairy Federation, North America is a major producer of whey permeate. In North America, whey permeate is mostly used in animal feed. The market is expected to grow significantly during the forecast period, owing to increased whey permeate applications in the feed industry. The U.S. market has grown due to consumers becoming more aware of the need for protein and the significance of a balanced diet. This is increasing demand for dietary supplements and other nutrient-dense products, which drives sales in the regional market.
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Table Of Content:
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation
2. Executive Summary
2.1. Market Snapshot: Global Whey Permeate Market
2.2. Global Whey Permeate Market, By Applications
2.3. Global Whey Permeate Market, By Region
3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Whey Permeate Market Value, 2016-2028, (US$ Bn)
3.2. Market Dynamics
3.2.1. Key Growth Trends
3.2.2. Market Drivers
3.2.3. Market Restraints
3.2.4. Market Opportunities
3.2.5. Major Industry Challenges
3.3. Attractive Investment Proposition,2021
3.3.1. Applications
3.3.2. Geography
4. Premium Insights
4.1. STAR (Situation, Task, Action, Results) Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat of New Entrants
4.2.2. Bargaining Power of Buyers/Consumers
4.2.3. Bargaining Power of Suppliers
4.2.4. Threat of Substitute Types
4.2.5. Intensity of Competitive Rivalry
4.3. Value Chain Analysis
4.4. Technology Analysis
4.5. Marketing Strategy Analysis
4.5.1. Direct Marketing
4.5.2. Indirect Marketing
4.5.3. Marketing Channel Development Trend
5. Market Positioning of Key Players, 2021
5.1. Company market share of key players, 2021
5.2. Competitive Benchmarking
5.3. Market Positioning of Key Vendors
5.4. Geographical Presence Analysis
5.5. Major Strategies Adopted by Key Players
5.5.1. Key Strategies Analysis
5.5.2. Mergers and Acquisitions
5.5.3. Partnerships
5.5.4. Product Launch
5.5.5. Geographical Expansion
5.5.6. Others
6. COVID 19 Impact Analysis
6.1. Global Whey Permeate Market Pre Vs Post COVID 19, 2019 – 2028
6.2. Impact on Import & Export
6.3. Impact on Demand & Supply
7. Global Whey Permeate Market
7.1. Global Whey Permeate Market, by Applications, 2016-2028(US$ Bn)
7.1.1. Overview
7.1.2. Global Whey Permeate Market, By Applications, 2021 vs 2028 (in%)
7.1.3. Global Whey Permeate Market, By Food and Beverage Industry, 2016-2028 (US$ Bn)
7.1.4. Global Whey Permeate Market, By Animal Feed Industry, 2016-2028 (US$ Bn)
7.1.5. Global Whey Permeate Market, By Others, 2016-2028 (US$ Bn)
8. North America Whey Permeate Market Analysis
8.1. North America Whey Permeate Market, by Applications, 2016-2028(US$ Bn)
8.1.1. Overview
8.1.2. SRC Analysis
8.2. North America Whey Permeate Market, by Country, 2016-2028 (US$ Bn)
8.2.1. U.S.
8.2.1.1. U.S. Whey Permeate Market Estimates and Forecast, 2016-2028 (US$ Bn)
8.2.1.2. U.S. Whey Permeate, By Applications, 2016-2028 (US$ Bn)
8.2.2. Canada
8.2.2.1. Canada Whey Permeate Market Estimates and Forecast, 2016-2028 (US$ Bn)
8.2.2.2. Canada Whey Permeate, By Applications, 2016-2028 (US$ Bn)
9. Europe Whey Permeate Market Analysis
…………
10. Asia Pacific Whey Permeate Market Analysis
11. Latin America Whey Permeate Market Analysis
12. Middle East and Africa Whey Permeate Market Analysis
12.1. Middle East and Africa Whey Permeate Market, by Applications, 2016-2028(US$ Bn)
12.1.1. Overview
12.1.2. SRC Analysis
12.2. Middle East and Africa Whey Permeate Market, by Country, 2016-2028 (US$ Bn)
12.2.1. GCC Countries
12.2.1.1. GCC Countries Whey Permeate Market Estimates and Forecast, 2016-2028 (US$ Bn)
12.2.1.2. GCC Countries Whey Permeate, By Applications, 2016-2028 (US$ Bn)
12.2.2. South Africa
12.2.2.1. South Africa Whey Permeate Market Estimates and Forecast, 2016-2028 (US$ Bn)
12.2.2.2. South Africa Whey Permeate, By Applications, 2016-2028 (US$ Bn)
12.2.3. Rest of Middle East and Africa
12.2.3.1. Rest of Middle East and Africa Whey Permeate Market Estimates and Forecast, 2016-2028 (US$ Bn)
12.2.3.2. Rest of Middle East and Africa Whey Permeates, By Applications, 2016-2028 (US$ Bn)
13. Company Profiles
13.1. Arla Foods amba (Denmark)
13.1.1. Company Overview
13.1.2. Products/Services Portfolio
13.1.3. Geographical Presence
13.1.4. Financial Summary
13.1.4.1. Market Revenue and Net Profit (2019-2021)
13.1.4.2. Business Segment Revenue Analysis
13.1.4.3. Geographical Revenue Analysis
13.2. Agri-Dairy Products Inc. (US)
13.3. Melkweg Holland BV (Netherlands)
13.4. LACTALIS Ingredients (France)
13.5. Arion Dairy Products B.V. (Netherlands)
13.6. Havero Hoogwegt B.V. (Netherlands)
13.7. Sloan Valley Dairies Ltd. (Canada)
13.8. FIT Company (France)
13.9. Agropur Ingredients (US)
13.10. American Dairy Products Institute (US)
13.11. Others
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