Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 9.1 Billion | USD 19.2 Billion | 9.9% | 2021 |
FrequentlyAsked Questions
Surging cases of chronic illness owing to altering life patterns in millennial population have led to large-scale intake of diet enriched in protein. This has transformed into huge expansion of whey protein market.
According to Zion market research report, the global Whey Protein Market accrued earnings worth approximately 9.1 (USD Billion) in 2021 and is predicted to gain revenue of about 19.2 (USD Billion) by 2028, is set to record a CAGR of nearly 9.9% over the period from 2022 to 2028.
North America will contribute sizably towards the global market revenue over the projected timeline. A massive increase in Whey Protein Market size in sub-continent over 2022-2028 can be due to increase in obese population & lifestyle related disorders among people in countries such as the U.S.
The key industry participants leveraging business space include ALPAVIT, Hilmar Cheese Company, Inc., Saputo Inc., Olam International, Wheyco GmbH, Arla Foods amba, Milk Specialties Global, Glanbia plc, Milkaut S.A., Davisco Foods International, Inc., and Maple Island, Inc.
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