Whey is a liquid substance that is obtained from the separation of the milk, skim milk or cream in cheese making process. Dry whey is obtained by the extraction of water from the whey. Dry whey contains all the constituents in the same relative proportions as in liquid whey except water. On the basis of reconstitution, dry whey is of two types of dry sweet whey and dry acid whey. Dry Sweet whey does not contain more than 0.16% titratable acidity and dry acid whey does not contain more than 0.35% titratable acidity on a reconstitution basis. Dry whey has a greater nutritive value and functional properties like emulsification, water binding, foaming, gelling to foods, and viscosity building has made them applicable at various food, healthcare, nutritional, and beverage industries. The increasing demand for protein-based food products among countries like North America and the European region is supporting the growth of the dry whey market in these regions. Asia-Pacific is the fastest growing region for the consumption of dry whey due to increasing awareness and disposal income of the developing countries in the Asia-Pacific region. In dry whey market expansion strategies are used by companies like Arla food ingredients and milk specialties global in order to improve its supply of the whey proteins in the international market.
Global awareness regarding health benefits form dry whey protein is trending in variety of end use markets:
Rise in the demand for dairy based products due to the high nutritive value is contributing to the growth of the dry whey market. The key drivers for the growth of the dry whey market are the use of dry whey as ingredients in sports drinks and health foods such as protein supplements and nutritional bars. Dry whey proteins are easily digested and have a high level of metabolic efficiency. It also contains a high level of branched chain amino acids providing a surplus source of energy, acts as an antioxidant agent, stimulate muscle growth and aid weight loss. Driving demand for the nutritive food containing dry whey among the athletes. Rise in the demand for the ready to drink protein drinks has surged the demand for dry whey in the beverages. Dry whey beverages are considered as a thirst quencher and are light, refreshing, and less acidic than fruit juices and are more suitable for health as compared to other drinks. Consumer awareness regarding dry whey health benefits such as aiding weight loss, anti-cancer properties, lowering cholesterol, improve immune response to asthma, lower risk of blood pressure and cardiovascular disease is driving the growth of dry whey in healthcare industries. On the other hand, the use of dry whey by dairy, baking, confectionery, baby food, and meat industry has surged the growth of the dry whey market. Increasing disposal income, urbanization, and rising standard of living have also increased the demand for the global dry whey market.
Global Dry Whey: Market Segmentation
On the basis of end use, the global dry whey market has been segmented as-
- Baked Goods
- Dairy products
- Meat products
- Frozen desserts
On the basis of Composition type, the global dry whey market has been segmented as-
- Sweet Dry Whey
- Acid Dry Whey
Global Dry Whey Market: Key Players
- Agropur, Inc.
- Great Lakes Cheese
- Associated Milk Producers, Inc
- Lactalis Ingredients
- Bluegrass Dairy & Food
- Land O'Lakes, Inc.
- Brewster Dairy
- Saputo Cheese USA, Inc
- Leprino Foods
- Arla Food Ingredients
Opportunities for Market Participants
Major players are focusing on research and development to reduce the manufacturing cost and develop innovative techniques. High focus on the research and development has created opportunity for the developing new quality of whey products with improved functionality. Additionally, growth in the production process of functional food and beverages from dry whey has created a market opportunity for the distribution channels to satisfy the required demand.
The dry whey market report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the dry whey market, including but not limited to: regional markets, end use, and composition.
The study is a source of reliable data on:
- Dry whey market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The dry whey market report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the dry whey market report projects the attractiveness of each major segment over the forecast period.
Highlights of the dry whey market report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the dry whey market
- Recommendations to companies for strengthening their foothold in the dry whey market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.