The clear whey isolate global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Clear Whey Isolate Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The clear whey isolate market size has grown strongly in recent years. It will grow from $5.44 billion in 2023 to $5.93 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to increasing demand for clean labels, rise in consumer interest in health and wellness, growing popularity of fitness and sports nutrition, rising consumer preference for low-calorie, and growing consumer awareness.
The clear whey isolate market size is expected to see strong growth in the next few years. It will grow to $8.44 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to rising popularity of personalized nutrition, growing online retail channels, rise of plant-based alternatives, increased focus on post-workout recovery, and growing aging population. Major trends in the forecast period include adoption of innovative flavors, low-fat protein supplements, post-workout nutrition, personalized nutrition solutions, social media influencers, clean labels, and premiumization.
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Scope Of Clear Whey Isolate Market
The Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
- Drivers: Examination of the key factors propelling market growth.
- Trends: Identification of emerging trends and patterns shaping the market landscape.
- Key Segments: Breakdown of the market into its primary segments and their respective performance.
- Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
- Macro Economic Factors: Assessment of broader economic elements impacting the market.
Clear Whey Isolate Market Overview
Market Drivers –
The increasing demand for health-conscious food products is expected to propel the growth of the clear whey isolate market going forward. Health-conscious food products are planned and formulated with ingredients and nutritional profiles that promote or enhance overall health and well-being. The demand for health-conscious food is on the rise due to several factors, including the emergence of diverse dietary habits such as veganism, vegetarianism, gluten-free, and paleo. Clear whey isolate is a health-conscious choice for protein supplementation, offering a pure and easily digestible option with minimal additives. For instance, in February 2022, according to a report published by Agriculture and Agri-Food Canada, a Canada-based department of the government, the retail sales value of the health and wellness food and beverage sector in the United States increased to $191.9 billion in 2021, compared to $191.7 billion in 2020. In addition, fortified or functional foods and beverages are expected to grow by 15.3%, and the health and wellness category is projected to reach $218.1 billion in 2025, reflecting a 13.8% increase compared to 2021. Therefore, the increasing demand for health-conscious food products is driving the growth of the clear whey isolate market.
Market Trends –
Major companies operating in the clear whey isolate market are focusing their efforts on introducing innovative solutions, such as lactose-free clear whey isolate protein drinks, to cater to the increasing demand for convenient and portable protein options among health-conscious consumers. Lactose-free clear whey isolate protein drinks are high-quality protein beverages made from whey protein isolate that have had the lactose removed, catering to individuals who are lactose intolerant or prefer lactose-free options for their health-conscious lifestyle. For instance, in August 2022, Upbeat, a UK-based clear whey protein company, launched protein hydration and protein energy, the UK’s first clear whey isolate protein drinks that are intended to satisfy the needs of people with hectic schedules for hydration, energy, and protein. Upbeat’s sugar-free, lactose-free, premium whey drinks offer enhanced cognitive function and prolonged performance, ideal for both quick consumption on-the-go and as a post-workout replenishment. These 500-ml bottled servings of protein hydration are available in two flavors- Mixed Berry and Zesty Orange. They contain 10g of protein, 3000mg of BCAA, Vitamin B complex, and 0% sugar, removing the need to carry a bulky protein shaker and mix powder.
The clear whey isolate market covered in this report is segmented –
1) By Form: Liquid, Powder
2) By Distribution Channel: Online, Offline
3) By Application: Food, Beverages, Medicines, Other Applications
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Regional Insights –
North America was the largest region in the clear whey isolate market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the clear whey isolate market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the clear whey isolate market report are The Hut Group Limited; Leprino Nutrition; Quest Nutrition LLC; Nutrabolt Corporation; Jarrow Formulas; Myprotein; BPI Sports; Nature’s Best Inc.; Milk Specialties Global; Bulk Powders Limited; Makers Nutrition; Dymatize; Onnit; Nutribio Brands; MusclePharm Corporation; AllMax Nutrition; Transparent Labs LLC; Optimum Nutrition Inc.; Bulk Nutrients; Nutrex Research Inc; Gaspari Nutrition Inc.; Garden of Life; RSP Nutrition LLC; PureBulk; Pure Protein; NutriFusion; Evolution Nutrition LLC
Table of Contents
- Executive Summary
- Clear Whey Isolate Market Characteristics
- Clear Whey Isolate Market Trends And Strategies
- Clear Whey Isolate Market – Macro Economic Scenario
- Global Clear Whey Isolate Market Size and Growth
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- Global Clear Whey Isolate Market Competitive Dashboard
- Key Mergers And Acquisitions In The Clear Whey Isolate Market
- Clear Whey Isolate Market Future Outlook and Potential Analysis
- Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Clear Whey Isolate Market, Segmentation By Form, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Clear Whey Isolate Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Clear Whey Isolate Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 74: The Hut Group Limited Financial Performance
Table 75: Leprino Nutrition Financial Performance
Table 76: Quest Nutrition LLC Financial Performance
Table 77: Nutrabolt Corporation Financial Performance
Table 78: Jarrow Formulas Financial Performance
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