IMARC Group, a leading market research company, has recently releases report titled “North America Whey Protein Market Report by Type (Whey Protein Concentrate, Whey Protein Isolate, Whey Protein Hydrolysates), Application (Food and Beverages, Nutrition Products and Pharmaceuticals, Feed Applications, and Others), and Country 2024-2032”. The study provides a detailed analysis of the industry, including the North America whey protein market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big is the North America Whey Protein Market?
The North America whey protein market size reached US$ 2.3 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 3.8 Billion by 2032, exhibiting a growth rate (CAGR) of 5.44% during 2024-2032.
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North America Whey Protein Market Growth:
The growing health consciousness as well as the rising need for dietary supplements are the factors responsible for the growth of the North America whey protein market. Additionally, one of the primary trends is the increasing popularity of fitness and wellness activities, which has led to a surge in the consumption of protein-rich supplements among health enthusiasts and athletes.
Besides this, the expanding awareness of the benefits of protein in maintaining muscle mass, particularly among the aging population, is further propelling market demand. Moreover, the versatility of whey protein, used in a variety of products such as shakes and bars to baked goods and snacks, also contributes to its widespread adoption.
North America Whey Protein Market Segmentation:
- Key Regions Analysed
- United States
- Canada
- Mexico
- Market by Type
- Whey Protein Concentrate
- Whey Protein Isolate
- Whey Protein Hydrolysates
- Market by Application
- Food and Beverages
- Nutrition Products and Pharmaceuticals
- Feed Applications
- Others
North America Whey Protein Market Trends and Drivers:
Another significant driver in the North America whey protein market is the increasing prevalence of lifestyle-related diseases, including obesity and diabetes. In addition to this, as consumers become more conscious of the importance of a proportionate diet in managing these conditions, whey protein is being incorporated into health and wellness regimes. The clean label trend, where consumers seek products with minimal processing and natural ingredients, is also influencing the market, pushing manufacturers to innovate and offer whey protein products that cater to these preferences.
Furthermore, advancements in manufacturing technology have made the development of whey protein isolates and hydrolysates, that offer higher protein content and faster absorption rates, meeting the diverse needs of consumers, which is anticipated to drive the North America whey protein market over the forecasted period.
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Key Highlights of the Report:
• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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