Global Whey Protein In Infant Formula Market
Market Size in USD Billion
CAGR :
% 
 Forecast Period |
2022 –2029 |
 Market Size (Base Year) |
USD 11.40 Billion |
 Market Size (Forecast Year) |
USD 21.10 Billion |
 CAGR |
% |
| Major Markets Players |
Global Whey Protein in Infant Formula Market, By Type (Concentrate, Isolate, Hydrolysate), Distribution Channel (Supermarkets, Nutrition Store, Specialist Sport Store, Online, Others), Application (Animal Feed, Others) – Industry Trends and Forecast to 2029.
Whey Protein in Infant Formula Market Analysis and Size
Milk protein is one of the most well-known protein supplements, with numerous advantages. Due to its high quality and rate of absorption, it is widely used in infant formula. More specifically, milk protein's prolonged-release properties make it ideal for any time when the body requires a sustained release of protein. As a result, techniques for synthesis and extraction are improving due to ongoing research and development.
Data Bridge Market Research analyses that the whey protein in infant formula market was valued at USD 11.4 billion in 2021 and is expected to reach the value of USD 21.10 billion by 2029, at a CAGR of 8.00% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Whey Protein in Infant Formula Market Scope and Segmentation
|
Report Metric |
Details |
|
Forecast Period |
2022 to 2029 |
|
Base Year |
2021 |
|
Historic Years |
2020 (Customizable to 2014 - 2019) |
|
Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
|
Segments Covered |
Type (Concentrate, Isolate, Hydrolysate), Distribution Channel (Supermarkets, Nutrition Store, Specialist Sport Store, Online, Others), Application (Animal Feed, Others) |
|
Countries Covered |
U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, France, Netherlands, U.K., Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
|
Market Players Covered |
Arla Foods amba (Denmark), Axiom Foods Inc. (U.S.), Davisco Foods International Inc. (U.S.), DMK Group (Germany), Glanbia, Plc (Ireland), Hilmar Cheese Company (U.S.), Kerry Group plc (Ireland), Maple Island Inc. (U.S.), Milk Specialties (U.S.), Westland Milk Products (New Zealand), Agropur (U.S.), Carbery Group Ltd. (Ireland), Clover Fonterra Ingredients (Pty) Ltd (South Africa), Lactalis Ingredients SNC (France), Leprino Foods Company (U.S.) |
|
Opportunities |
|
Market Definition
Infant formula contains various nutrients that are fed to babies for their overall development, such as carbohydrates, fats, proteins, vitamins, minerals, and others (linoleic acid, prebiotic, and others. Although doctors recommend exclusive breastfeeding for babies under six months old, infant formula can be used as an alternative because it contains similar nutrients.
Global Whey Protein in Infant Formula Market Dynamics
Drivers
- Growing consumer affluence and an increasing working population
Rising protein consumption as an ingredient in various applications such as growing up milk and specialty formula is expected to boost overall whey protein in infant formula market demand in the coming years. Proteins are used in infant formula ingredients to create alternative hypoallergenic protein foods for infants with milk allergies, celiac disease, and gluten intolerance. The market includes a diverse range of products ranging from baby food to infant formula. Growing consumer affluence and an increasing working population among women benefit the industry's growth.
- Improved composition of nutrients and quality is creating market demand
When manufacturers consider infant formula, the amino acid composition of the protein formula must be considered, as essential amino acid serum concentrations must not be lower than those found in breastfed milk. Furthermore, the growing demand from the infant formula industry is prompting milk protein manufacturers to consider adding bioactive proteins to the total protein content, while also regulating insulin, serum amino acids, and nitrogen levels to ensure the product is absorbed properly by infants.
Opportunities
The rising population growth rate around the world is a vital factor driving the protein in infant formula market. Other factors driving the whey protein in infant formula market include an increasing middle-class population, rising disposable incomes, and increased e-commerce sales. Technological and modernization advancements and the wide variety of whey protein in infant formula products are likely to create new opportunities for the whey protein in infant formula market.
Restraints
The lack of technology for large-scale production, as well as stringent regulations and high development costs, will impede the growth of the whey protein in infant formula market during the forecast period.
This whey protein in infant formula market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the whey protein in infant formula market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Whey Protein in Infant Formula Market
According to industry analysts, the COVID-19 outbreak has a significant impact on the protein in infant formula market. When the lockdown was put in place, there was a surge in demand for infant formula and baby food as a result of panic buying for at-home use during the early stages of the epidemic. As a result, sales of these products skyrocketed during the outbreak, owing to the notion that it acts as an immunisation booster.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
In February 2019: Over the years, prominent market participants have invested in R&D activities to innovate their product offerings. For example, Jennewein Biotechnologie GmbH, a functional sugars manufacturer based in Germany, collaborated with Yili.Com Inc., a dairy products manufacturer based in China, in February 2019 to conduct research on infant microbiome and human milk oligosaccharides. This strategy was designed to develop innovative, HMO-based infant formula for Chinese customers. Given the increasing market competition, such developments/strategies are likely to emerge during the forecast period.
Global Whey Protein in Infant Formula Market Scope
The whey protein in infant formula market is segmented on the basis of type, distribution channel and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Concentrate
- Isolate
- Hydrolysate
Application
- Animal feed
- Others
Distribution channel
- Supermarkets
- Nutrition Store
- Specialist Sport Store
- Online
- Others
Whey Protein in Infant Formula Market Regional Analysis/Insights
The whey protein in infant formula market is analysed and market size insights and trends are provided by country, type, distribution channel and application as referenced above.
The countries covered in the whey protein in infant formula market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, France, Netherlands, U.K., Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific is expected to be the highest revenue contributor to the global whey protein in infant formula market due to the presence of a large population aged 0 to 4. Increased female labour force participation, increased disposable income, a busy lifestyle, and high standards of living in countries such as China, India, Indonesia, the Philippines, and South Korea drive the growth of the whey protein in infant formula market.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Whey Protein in Infant Formula Market Share Analysis
The whey protein in infant formula market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to whey protein in infant formula market.
Some of the major players operating in the whey protein in infant formula market are:
- Arla Foods amba (Denmark)
- Axiom Foods Inc. (U.S.)
- Davisco Foods International Inc. (U.S.)
- DMK Group (Germany)
- Glanbia, Plc (Ireland)
- Hilmar Cheese Company (U.S.)
- Kerry Group plc (Ireland)
- Maple Island Inc. (U.S.)
- Milk Specialties (U.S.)
- Westland Milk Products (New Zealand)
- Agropur (U.S.)
- Carbery Group Ltd. (Ireland)
- Clover Fonterra Ingredients (Pty) Ltd (South Africa)
- Lactalis Ingredients SNC (France)
- Leprino Foods Company (U.S.)
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
