Germany Whey Protein Market Size, Share, and COVID-19 Impact Analysis, By Type (Whey Protein Concentrate, Whey Protein Isolate, and Hydrolyzed Whey Protein), By Application (Sports Nutrition, Dietary Supplements, Infant Formula, Food Additives, Beverages, and Feed), and Germany Whey Protein Market Insights, Industry Trend, Forecasts to 2033
Industry: Food & BeveragesGermany Whey Protein Market Insights Forecasts to 2033
- The Germany Whey Protein Market Size was valued at USD 58.8 Million in 2023.
- The Germany Whey Protein Market Size is growing at a CAGR of 4.37% from 2023 to 2033
- The Germany Whey Protein Market Size is expected to reach USD 90.2 Million by 2033
Get more details on this report -
The Germany Whey Protein Market Size is anticipated to exceed USD 90.2 Million by 2033, growing at a CAGR of 4.37% from 2023 to 2033. The increasing number of fitness & sports club, demand for immunity-boosting products, and prevalence of diabetes & obesity are driving the whey protein market in the Germany.
Market Overview
Whey protein market is an industry that is driven by increasing health and fitness awareness, with whey protein, a protein derived from milk. The protein is gaining popularity as a supplement for muscle building and overall nutrition. Whey protein is a mixture of proteins isolated from whey, the liquid material created as a by-product of cheese production. The proteins consist of α-lactalbumin, β-lactoglobulin, serum albumin, and immunoglobulins. It is used in the food industry in baked goods, dairy products, beverages, and baby foods owing to its antihypertensive and antibacterial properties. There is growing awareness about healthy lifestyles and recommendation of protein supplements in fitness and sports clubs. The expansion of sports nutrition and the increased need for personalized nutrition are escalating lucrative market growth opportunities for whey protein.
Report Coverage
This research report categorizes the market for the Germany whey protein market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Germany whey protein market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Germany whey protein market.
Germany Whey Protein Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023 : | USD 58.8 Million |
Forecast Period: | 2023 - 2033 |
Forecast Period CAGR 2023 - 2033 : | 4.37% |
2033 Value Projection: | USD 90.2 Million |
Historical Data for: | 2019-2022 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 114 |
Segments covered: | By Application, By Type |
Companies covered:: | Glanbia Plc, Fonterra Co-Operative Group Limited, Arla Foods amba, Lactalis, Kerry Group, Koninklijke DSM N.V., DMK Deutsches Milchkontor GmbH, Hilmar Cheese Company, Naturaltein, Euroduna Food Ingredients GmbH, Others |
Pitfalls & Challenges: | Covid-19 Empact, Challenges, Growth, Analysis. |
Get more details on this report -
Driving Factors
The increasing number of fitness & sports clubs is propelling market demand for whey protein as they recommend whey protein as a supplement among athletes and bodybuilders. The increasing prevalence of diabetes & obesity is responsible for propelling the demand for whey protein as it aids in managing blood sugar levels and promoting muscle maintenance. The surging trend of emphasizing living standards among the consumers for improving healthy lifestyles is promoting the whey protein market. Furthermore, the increasing focus by the manufacturers on creating sustainable products including plant-protein blends and specialized whey types including isolates and hydrolysates are propelling the market growth.
Restraining Factors
The increased production cost and cases of lactose intolerance hinder product adoption, thereby restraining market growth. The preference for plant-based protein is hindering the whey protein market.
Market Segmentation
The Germany whey protein market share is classified into type and application.
- The whey protein concentrate segment dominates the market with the largest revenue share in 2023 and is expected to grow at a significant CAGR growth during the projected timeframe.
Based on the type, the Germany whey protein market is divided into whey protein concentrate, whey protein isolate, and hydrolyzed whey protein. Among these, the whey protein concentrate segment dominates the market with the largest revenue share in 2023 and is expected to grow at a significant CAGR growth during the projected timeframe. Whey protein concentrate is a part of whey protein containing lipids, lactose, and minerals and is heterogeneous mixture of different proteins. The demand for protein concentrates due to their popularity and low prices drives the market demand.
- The sports nutrition segment dominated the market with the largest revenue share in 2023 and is expected to grow at a significant CAGR growth during the projected timeframe.
Based on the application, the Germany whey protein market is divided into sports nutrition, dietary supplements, infant formula, food additives, beverages, and feed. Among these, the sports nutrition segment dominated the market with the largest revenue share in 2023 and is expected to grow at a significant CAGR growth during the projected timeframe. Whey protein is used in the form of bars, powders, and beverages in sports nutrition as a protein supplement. The increasing need for natural ingredients along with the emphasis on health and clean-label products drives the market growth.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Germany whey protein market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Glanbia Plc
- Fonterra Co-Operative Group Limited
- Arla Foods amba
- Lactalis
- Kerry Group
- Koninklijke DSM N.V.
- DMK Deutsches Milchkontor GmbH
- Hilmar Cheese Company
- Naturaltein
- Euroduna Food Ingredients GmbH
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In October 2024, Infinite Roots and the Hamburg University of Technology received a €2.6M grant from the German government to develop tech that transforms whey into a feedstock to grow mycelium.
Market Segment
This study forecasts revenue at Germany, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Germany Whey Protein Market based on the below-mentioned segments
Germany Whey Protein Market, By Type
- Whey Protein Concentrate
- Whey Protein Isolate
- Hydrolyzed Whey Protein
Germany Whey Protein Market, By Application
- Sports Nutrition
- Dietary Supplements
- Infant Formula
- Food Additives
- Beverages
- Feed
Need help to buy this report?