The Global Hydrolyzed Whey Protein Market is driven by consumer awareness towards a healthy diet and increasing demand for dairy ingredients. The increasing number of fitness centers and health clubs are expected to propel the market growth of dietary supplements that are infused with hydrolyzed whey protein. The rising interest of the young population in sports and nutrition is anticipated to act as a driving force for the market growth in forthcoming years. Furthermore, the various health benefits offered by the hydrolyzed whey protein such as weight management and muscle gain is predicted to increase the sales of the product.
The rising demand for protein-rich dietary supplements is expected to propel the hydrolysed whey protein market growth during the forecast period. Hydrolyzed whey protein is extensively used in the preparation of various protein beverages and the companies operating in the market are focused on the new product launch to fulfill consumer growing appetite for the product. For instance, in April 2019, Arla Foods announced the launch of Lacprodan Hydro Clear.
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The product is 100% whey protein hydrolysate solution which is specially developed for the preparation of RTD protein beverages. Hydrolyzed whey protein has a strong demand among fitness devotees for muscle gain and weight management. The increasing adoption of hydrolyzed whey protein in infant food formula as they can easily absorb by the human body and can be digested easily is expected to propel the market growth in forthcoming years.
Top Key Players of Hydrolyzed Whey Protein Market:-
- Agropur MSL LLC.,
- Milk Specialties,
- Arla Foods,
- Hilmar Cheese Company,
- Carbery Group Ltd,
- American Dairy Products Institutes,
- DMK Group,
- Davisco Foods International Inc.,
- Glanbia Nutritionals Inc.,
- and Others.
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COVID-19: Shutdown of Restaurants & Cafes May Hinder Growth
The outbreak of the COVID-19 pandemic worldwide has taken a toll on the Hydrolyzed Whey Protein Industry. Almost every offline food chain, such as cafeterias and restaurants are shut down completely in various countries. But, online food delivery services are still under operation. In addition to this, companies manufacturing packaged food and beverages are exhibiting a high rate of sales because of their possession of certain beneficial properties. These products have long shelf-lives and hence consumers are stocking up their pantries, fearing the lockdown.
What Does This Report Include?
Our skilled team of analysts has developed a specially curated report to help you in understanding the impact of COVID-19 on this market. The report is developed by conducting in-depth primary and secondary research. It includes analysis of various regions and nations, as well as the current trends that are being followed in these regions. Multiple approaches were taken up by our team to derive the market growth rate and value. Also, it presents enhanced data collected through secondary sources, namely, company websites, journals, business magazines, and press releases. The analysis of each nation is given by studying several macro-economic factors, regional players, consumer behavior, and government policies. Our clients would be able to take positive steps towards regaining business confidence by analyzing the Hydrolyzed Whey Protein market Share, growth drivers, obstacles, challenges, and opportunities.
By Geography Analysis:-
- North America (U.S., Canada, and Mexico)
- Europe (Germany, France, Italy, Spain, U.K., Russia, and Rest of Europe)
- Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)
- South America (Brazil, Argentina, and Rest of South America)
- Middle East & Africa (South Africa, UAE, and Rest of ME&A)
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