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ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET FORECAST 2021-2028

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ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET FORECAST 2021-2028

The Asia-Pacific whey protein ingredients market is set to project a CAGR of 13.04% in terms of revenue and 6.94% in terms of volume during the forecast period, 2021-2028. In many Asian countries, whey protein is vastly used in the food & beverage and nutrition industries. Also, there is a growing awareness of why protein’s role as a key ingredient in sports or refreshment drinks.

ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET FORECAST 2021-2028

Asia Pacific Whey Protein Ingredients Market by Type (WPI, WPC 80, WPC 50-79, WPC 35, DWP) Market by End-user (Bakery and Confectionery, Dairy Products, Frozen Foods, Sports Nutrition, Beverages, Meat Products, Medicine, Other End-users) Market by Application (Functional Foods and Beverages, Infant Nutrition, Sports Foods and Beverages, Clinical Nutrition, Other Applications) by Geography

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The Asia-Pacific whey protein ingredients market is set to project a CAGR of 13.04% in terms of revenue and 6.94% in terms of volume during the forecast period, 2021-2028. In many Asian countries, whey protein is vastly used in the food & beverage and nutrition industries. Also, there is a growing awareness of why protein’s role as a key ingredient in sports or refreshment drinks.asia-pacific-whey-protein-ingredients-market

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The Asia-Pacific whey protein ingredients market growth analysis includes the assessment of South Korea, Japan, China, Indonesia, Australia & New Zealand, Vietnam, India, Thailand, and Rest of Asia-Pacific. There is a growing demand for high-quality dairy alternative products in China, due to the expanding urbanization and middle class. Also, the abolition of the EU milk quota contributes to growth opportunities. Moreover, due to the fast-paced economic developments and a rising need for food nutrition, there is a growing demand for high value-added whey products. In addition, the country is the largest importer of US-manufactured whey proteins.

South Korea has some of the world’s best healthcare and wellness competence and wisdom. Moreover, it is one of the most plugged-in countries globally with large access to broadband internet and smartphones. Also, there are numerous CrossFit gyms and fitness studios spread across the country. Such factors offer growth opportunities.

Fonterra Co-operative Group Limited is one of the largest dairy exporters and milk processors in the world. It offers ready-to-drink milk, powdered milk, nutrition powders, whey protein ingredients, advanced nutrition products, etc. Also, its business operations are classified into five segments, Greater China, Global Ingredients and Operations, Asia, Latin America, and Oceania. The company is headquartered in Auckland, New Zealand.

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • KEY DRIVERS
        • INCREASING AWARENESS ABOUT THE BENEFITS OF WHEY PROTEIN
        • GROWING HEALTH & WELLNESS PRODUCTS
        • INCREASED DEMAND FOR HIGH-QUALITY PROTEIN SUPPLEMENTS
        • RISING HEALTH-CONSCIOUS CONSUMERS
      • KEY RESTRAINTS
        • RAW MATERIAL PRICE FLUCTUATIONS AND HIGH PRICES
        • FRAGMENTED NATURE OF THE INDUSTRY
        • INCIDENCES OF FARM ANIMAL DISEASES REDUCE FARM PRODUCTS’ ADOPTION
        • HEALTH-RELATED PROBLEMS FROM WHEY PROTEIN USE
    1. KEY ANALYTICS
      • IMPACT OF COVID-19 ON WHEY PROTEIN INGREDIENTS MARKET
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
      • VALUE CHAIN ANALYSIS
        • DAIRY/CHEESE INDUSTRY
        • FOOD AND BEVERAGE INDUSTRY
        • VALUE-ADDED PRODUCT
        • BIOETHANOL FUEL PRODUCTION
    1. MARKET BY TYPE (VALUE: $ MILLION & VOLUME: KILOTONS)
      • WPI
      • WPC 80
      • WPC 50-79
      • WPC 35
      • DWP
    2. MARKET BY END-USER (VALUE: $ MILLION & VOLUME: KILOTONS)
      • BAKERY AND CONFECTIONERY
      • DAIRY PRODUCTS
      • FROZEN FOODS
      • SPORTS NUTRITION
      • BEVERAGES
      • MEAT PRODUCTS
      • MEDICINE
      • OTHER END-USERS
    3. MARKET BY APPLICATION (VALUE: $ MILLION & VOLUME: KILOTONS)
      • FUNCTIONAL FOODS AND BEVERAGES
      • INFANT NUTRITION
      • SPORTS FOODS AND BEVERAGES
      • CLINICAL NUTRITION
      • OTHER APPLICATIONS
    4. GEOGRAPHICAL ANALYSIS (VALUE: $ MILLION & VOLUME: KILOTONS)
      • ASIA-PACIFIC
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • CHINA
          • JAPAN
          • INDIA
          • SOUTH KOREA
          • INDONESIA
          • THAILAND
          • VIETNAM
          • AUSTRALIA & NEW ZEALAND
          • REST OF ASIA-PACIFIC
    1. COMPETITIVE LANDSCAPE
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PARTNERSHIPS & AGREEMENTS
        • BUSINESS EXPANSIONS & DIVESTITURES
      • COMPANY PROFILES
        • AGROPUR MSI LLC
        • ALPAVIT
        • AMERICAN DAIRY PRODUCTS INSTITUTE
        • ARLA FOODS
        • DANONE SA
        • ERIE FOODS INTERNATIONAL INC
        • FONTERRA CO-OPERATIVE GROUP
        • GLANBIA PLC
        • GRANDE CUSTOM INGREDIENTS
        • LEPRINO FOODS COMPANY
        • MEGGLE GROUP
        • MILK SPECIALTIES
        • OMEGA PROTEIN
        • SAPUTO INGREDIENTS
        • WESTLAND MILK PRODUCTS

    TABLE LIST

    TABLE 1: MARKET SNAPSHOT – WHEY PROTEIN INGREDIENTS

    TABLE 2: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 3: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 4: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN KILOTONS)

    TABLE 5: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN KILOTONS)

    TABLE 6: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY END-USER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 7: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY END-USER, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 8: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY END-USER, HISTORICAL YEARS, 2016-2020 (IN KILOTONS)

    TABLE 9: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY END-USER, FORECAST YEARS, 2021-2028 (IN KILOTONS)

    TABLE 10: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 11: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 12: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN KILOTONS)

    TABLE 13: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN KILOTONS)

    TABLE 14: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 15: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 16: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN KILOTONS)

    TABLE 17: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN KILOTONS)

    TABLE 18: LIST OF MERGERS & ACQUISITIONS

    TABLE 19: LIST OF PARTNERSHIPS & AGREEMENTS

    TABLE 20: LIST OF BUSINESS EXPANSIONS & DIVESTITURES

    FIGURE LIST

    FIGURE 1: KEY MARKET TRENDS

    FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VENDOR LANDSCAPE

    FIGURE 5: VALUE CHAIN ANALYSIS

    FIGURE 6: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, GROWTH POTENTIAL, BY TYPE, IN 2020

    FIGURE 7: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY WPI, 2021-2028 (IN $ MILLION)

    FIGURE 8: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY WPC 80, 2021-2028 (IN $ MILLION)

    FIGURE 9: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY WPC 50-79, 2021-2028 (IN $ MILLION)

    FIGURE 10: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY WPC 35, 2021-2028 (IN $ MILLION)

    FIGURE 11: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY DWP, 2021-2028 (IN $ MILLION)

    FIGURE 12: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, GROWTH POTENTIAL, BY END-USER, IN 2020

    FIGURE 13: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY BAKERY AND CONFECTIONERY, 2021-2028 (IN $ MILLION)

    FIGURE 14: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY DAIRY PRODUCTS, 2021-2028 (IN $ MILLION)

    FIGURE 15: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY FROZEN FOODS, 2021-2028 (IN $ MILLION)

    FIGURE 16: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY SPORTS NUTRITION, 2021-2028 (IN $ MILLION)

    FIGURE 17: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY BEVERAGES, 2021-2028 (IN $ MILLION)

    FIGURE 18: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY MEAT PRODUCTS, 2021-2028 (IN $ MILLION)

    FIGURE 19: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY MEDICINE, 2021-2028 (IN $ MILLION)

    FIGURE 20: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY OTHER END-USERS, 2021-2028 (IN $ MILLION)

    FIGURE 21: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2020

    FIGURE 22: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY FUNCTIONAL FOODS AND BEVERAGES, 2021-2028 (IN $ MILLION)

    FIGURE 23: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY INFANT NUTRITION, 2021-2028 (IN $ MILLION)

    FIGURE 24: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY SPORTS FOODS AND BEVERAGES, 2021-2028 (IN $ MILLION)

    FIGURE 25: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY CLINICAL NUTRITION, 2021-2028 (IN $ MILLION)

    FIGURE 26: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)

    FIGURE 27: ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

    FIGURE 28: CHINA WHEY PROTEIN INGREDIENTS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 29: JAPAN WHEY PROTEIN INGREDIENTS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 30: INDIA WHEY PROTEIN INGREDIENTS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 31: SOUTH KOREA WHEY PROTEIN INGREDIENTS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 32: INDONESIA WHEY PROTEIN INGREDIENTS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 33: THAILAND WHEY PROTEIN INGREDIENTS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 34: VIETNAM WHEY PROTEIN INGREDIENTS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 35: AUSTRALIA & NEW ZEALAND WHEY PROTEIN INGREDIENTS MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 36: REST OF ASIA-PACIFIC WHEY PROTEIN INGREDIENTS MARKET, 2021-2028 (IN $ MILLION)

     

    1. GEOGRAPHICAL ANALYSIS (VALUE: $ MILLION & VOLUME: KILOTONS)
      • ASIA-PACIFIC
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        • COUNTRY ANALYSIS
          • CHINA
          • JAPAN
          • INDIA
          • SOUTH KOREA
          • INDONESIA
          • THAILAND
          • VIETNAM
          • AUSTRALIA & NEW ZEALAND
          • REST OF ASIA-PACIFIC
    1. MARKET BY TYPE (VALUE: $ MILLION & VOLUME: KILOTONS)
      • WPI
      • WPC 80
      • WPC 50-79
      • WPC 35
      • DWP
    2. MARKET BY END-USER (VALUE: $ MILLION & VOLUME: KILOTONS)
      • BAKERY AND CONFECTIONERY
      • DAIRY PRODUCTS
      • FROZEN FOODS
      • SPORTS NUTRITION
      • BEVERAGES
      • MEAT PRODUCTS
      • MEDICINE
      • OTHER END-USERS
    3. MARKET BY APPLICATION (VALUE: $ MILLION & VOLUME: KILOTONS)
      • FUNCTIONAL FOODS AND BEVERAGES
      • INFANT NUTRITION
      • SPORTS FOODS AND BEVERAGES
      • CLINICAL NUTRITION
      • OTHER APPLICATIONS

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