The North America whey protein market reached a value of US$ 1.78 Billion in 2018. Whey protein is derived from the liquid by-product of cheese, which is known as whey. It is available in three forms, namely whey protein concentrate, whey protein isolate and hydrolyzed whey protein. Whey protein contains higher protein content as compared to soy, egg and other milk created proteins and has a longer shelf life than other milk products in its powdered state. It also helps in repairing muscle tissues, promoting fat loss, building muscles, lowering blood pressure and cholesterol levels, reducing stress and inflammation, preventing diseases and improving overall health. Owing to these benefits, whey protein is widely utilized across the food and beverage sector in the form of infant formula, functional foods, sports and performance nutrition.
The North America whey protein market is currently being driven by several factors. The increasing prevalence of lifestyle diseases coupled with the rising health awareness among consumers has positively influenced the demand for whey protein in North America. Furthermore, a majority of the population has joined gyms and fitness centers that recommend protein supplements, including whey protein as a key ingredient which, in turn, is strengthening the market growth in the region. Moreover, based on the anti-hypertensive and anti-bacterial properties, whey protein is being utilized for preparing cereals, beverages, chocolate, dairy products, snacks and bakery items, thereby escalating its overall demand in the region. Looking forward, IMARC Group expects the market to reach a value of US$ 2.51 Billion by 2024, registering a CAGR of nearly 6% during 2019-2024.
Report Scope:
- North America Whey Protein Market
- Key Regions Analysed
- United States
- Canada
- Mexico
- Analysis for Each Country
- Market by Type
- Whey Protein Concentrate
- Whey Protein Isolate
- Whey Protein Hydrolysates
- Market by Application
- Food and Beverages
- Nutrition Products and Pharmaceuticals
- Feed Applications
- Others
- Value Chain Analysis
- Key Drivers and Challenges
- Porters Five Forces Analysis
- PESTEL Analysis
- Government Regulations
- Competitive Landscape
- Competitive Structure
- Key Player Profiles
Key Questions Answered in This Report:
- How has the North America whey protein market performed so far and how will it perform in the coming years?
- What are the key regions in the North America whey protein market?
- What is the breakup of the North America whey protein market on the basis of type?
- What is the breakup of the North America whey protein market on the basis of application?
- What are the various stages in the value chain of the North America whey protein industry?
- What are the key driving factors and challenges in the North America whey protein industry?
- What is the structure of the North America whey protein industry and who are the key players?
- What is the degree of competition in the North America whey protein industry?
- What are the profit margins in the North America whey protein industry?
Report Coverage:
- Base Year Considered: 2018
- Historical Data Coverage: 2013-2018
- Market Forecast: 2019-2024
- Currency: US$
- Geography Covered: North America, United States, Canada and Mexico
- Segments Covered: Type and Application
Report Customization: Although IMARC has tried to cover everything in the North America whey protein market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Whey Protein Market
5.1 Market Performance
5.2 Market Breakup by Type
5.3 Market Breakup by Application
5.4 Market Breakup by Region
5.5 Market Forecast
6 North America Whey Protein Market
6.1 Market Performance
6.2 Market Forecast
7 North America Whey Protein Market: Breakup by Type
7.1 Whey Protein Concentrate
7.2 Whey Protein Isolate
7.3 Whey Protein Hydrolysates
8 North America Whey Protein Market: Breakup by Application
8.1 Food and Beverages
8.2 Nutrition Products and Pharmaceuticals
8.3 Feed Applications
8.4 Others
9 North America Whey Protein Market: Breakup by Country
9.1 United States
9.1.1 Historical Market Trends
9.1.2 Market Breakup by Type
9.1.3 Market Breakup by Application
9.1.4 Market Forecast
9.2 Canada
9.2.1 Historical Market Trends
9.2.2 Market Breakup by Type
9.2.3 Market Breakup by Application
9.2.4 Market Forecast
9.3 Mexico
9.3.1 Historical Market Trends
9.3.2 Market Breakup by Type
9.3.3 Market Breakup by Application
9.3.4 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
11.1 Overview
11.2 Raw Material Procurement
11.3 Manufacturing
11.4 Marketing
11.5 Distribution
11.6 Export
11.7 End-Use
12 Porter’s Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Rivalry
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
List of Figures
Figure 1: Global: Whey Protein Market: Sales Value (in Billion US$), 2013-2018
Figure 2: Global: Whey Protein Market: Breakup by Type (in %), 2018
Figure 3: Global: Whey Protein Market: Breakup by Application (in %), 2018
Figure 4: Global: Whey Protein Market: Breakup by Region (in %), 2018
Figure 5: Global: Whey Protein Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 6: North America: Whey Protein Market: Sales Value (in Billion US$), 2013-2018
Figure 7: North America: Whey Protein Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 8: North America: Whey Protein Market: Breakup by Type (in %), 2018
Figure 9: North America: Whey Protein (Whey Protein Concentrate) Market: Sales Value (In Million US$), 2013 & 2018
Figure 10: North America: Whey Protein (Whey Protein Concentrate) Market Forecast: Sales Value (In Million US$), 2019-2024
Figure 11: North America: Whey Protein (Whey Protein Isolate) Market: Sales Value (In Million US$), 2013 & 2018
Figure 12: North America: Whey Protein (Whey Protein Isolate) Market Forecast: Sales Value (In Million US$), 2019-2024
Figure 13: North America: Whey Protein (Whey Protein Hydrolysates) Market: Sales Value (In Million US$), 2013 & 2018
Figure 14: North America: Whey Protein (Whey Protein Hydrolysates) Market Forecast: Sales Value (In Million US$), 2019-2024
Figure 15: North America: Whey Protein Market: Breakup by Application (in %), 2018
Figure 16: North America: Whey Protein (Food and Beverages) Market: Sales Value (In Million US$), 2013 & 2018
Figure 17: North America: Whey Protein (Food and Beverages) Market Forecast: Sales Value (In Million US$), 2019-2024
Figure 18: North America: Whey Protein (Nutrition Products and Pharmaceuticals) Market: Sales Value (In Million US$), 2013 & 2018
Figure 19: North America: Whey Protein (Nutrition Products and Pharmaceuticals) Market Forecast: Sales Value (In Million US$), 2019-2024
Figure 20: North America: Whey Protein (Feed Applications) Market: Sales Value (In Million US$), 2013 & 2018
Figure 21: North America: Whey Protein (Feed Applications) Market Forecast: Sales Value (In Million US$), 2019-2024
Figure 22: North America: Whey Protein (Other Applications) Market: Sales Value (In Million US$), 2013 & 2018
Figure 23: North America: Whey Protein (Other Applications) Market Forecast: Sales Value (In Million US$), 2019-2024
Figure 24: North America: Whey Protein Market: Breakup by Country (in %), 2018
Figure 25: United States: Whey Protein Market: Sales Value (In Million US$), 2013-2018
Figure 26: United States: Whey Protein Market: Breakup by Type (in %), 2018
Figure 27: United States: Whey Protein Market: Breakup by Application (in %), 2018
Figure 28: United States: Whey Protein Market Forecast: Sales Value (In Million US$), 2019-2024
Figure 29: Canada: Whey Protein Market: Sales Value (In Million US$), 2013-2018
Figure 30: Canada: Whey Protein Market: Breakup by Type (in %), 2018
Figure 31: Canada: Whey Protein Market: Breakup by Application (in %), 2018
Figure 32: Canada: Whey Protein Market Forecast: Sales Value (In Million US$), 2019-2024
Figure 33: Mexico: Whey Protein Market: Sales Value (In Million US$), 2013-2018
Figure 34: Mexico: Whey Protein Market: Breakup by Type (in %), 2018
Figure 35: Mexico: Whey Protein Market: Breakup by Application (in %), 2018
Figure 36: Mexico: Whey Protein Market Forecast: Sales Value (In Million US$), 2019-2024
Figure 37: North America: Whey Protein Industry: SWOT Analysis
Figure 38: North America: Whey Protein Industry: Value Chain Analysis
Figure 39: North America: Whey Protein Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: North America: Whey Protein Market: Key Industry Highlights, 2018 and 2024
Table 2: North America: Whey Protein Market Forecast: Breakup by Type (In Million US$), 2019-2024
Table 3: North America: Whey Protein Market Forecast: Breakup by Application (In Million US$), 2019-2024
Table 4: North America: Whey Protein Market Forecast: Breakup by Region (In Million US$), 2019-2024
Table 5: North America: Whey Protein Market: Competitive Structure
Table 6: North America: Whey Protein Market: Key Players