The
global whey protein ingredients market is
expected to post a CAGR of over 8% during the period 2019-2023, according to
the latest market research report by Technavio.
The increasing awareness about the health benefits of whey protein among
consumers is one of the key factors that will help in the growth of the global
whey protein ingredients market during the forecast period. As people are
becoming more health-conscious, their emphasis on healthy and balanced diets,
physical exercise, and active lifestyle has increased. This has intensified the
demand for whey protein products as it aids in weight management, boosts
immunity, helps lower blood pressure, lowers cancer risk, and promotes muscle
growth. Thus, increasing awareness about the health benefits of whey protein
will help improve the sales of whey protein products and have a positive
influence on the overall growth of the global market.
As per Technavio, the increasing use of whey protein in clinical
nutrition, will have a positive impact on the market and contribute to its
growth significantly over the forecast period. This research report also
analyzes other important trends and market drivers that will affect market
growth over 2019-2023.
Global Whey Protein Ingredients Market: Increasing use of whey protein
in clinical nutrition
Currently, whey protein is becoming a popular ingredient in various
clinical applications owing to its rich nutrient content, which includes amino
acids and several other bioactive constituents. The nutrients present in whey
protein help in the treatment of various common conditions such as sarcopenia,
obesity, and malnutrition. They expedite post-illness recovery as well.
Moreover, the high leucine content in whey protein helps boost muscles
synthesis even in the absence of physical activities. Thus, such application of
whey protein in clinical nutrition can positively influence the growth of the
market during the forecast period.
“Apart from the increasing use of whey protein in clinical nutrition,
the wide application of whey protein across industries is another factor that
will aid in the growth of the global market. At present, whey protein is being
used in the food and beverage, cosmetics, and animal food products industries.
Thus, the wide-spread applications of whey protein across various industries
will aid the growth of the global whey protein ingredients market during the
forecast period,” says a senior analyst at Technavio.
Global Whey Protein Ingredients Market: Segmentation Analysis
This market research report segments the global whey protein ingredients
market by product (whey protein concentrate, whey
protein isolate, hydrolyzed whey protein, and others) and geographical regions
(North America, Europe, APAC, South America, and MEA).
The North American region led the market in 2018, followed by Europe,
APAC, South America, and MEA respectively. During the forecast period, the APAC
region is expected to register the highest incremental growth due to the
increasing awareness among consumers about the health benefits of whey protein
in the region.
Technavio’s sample reports are free of charge and contain multiple
sections of the report, such as the market size and forecast, drivers,
challenges, trends, and more. Request a free sample report
No comments:
Post a Comment