According to Future Market Insights (FMI), the demineralized whey powder ingredient market is expected to thrive at a CAGR of 5% from 2023 to 2033. As per recent estimates, the market value is projected to increase from USD 657 million in 2023 to USD 1,086.7 million by 2033.
| Attributes | Details |
|---|---|
| Market Share (2022) | USD 631.47 million |
| Market Share (2023) | USD 657 million |
| Market Share (2033) | USD 1,086.7 million |
| Market Share (2023 to 2033) | 5% |
Demand for demineralized whey powder ingredients may be driven by the bakery, confectionery, and infant food sectors.
Key factors driving the growth of demineralized whey processing ingredients include growing consumer demand for protein-heavy diets, which also involves the influence of parents in child diet choices.
Exclusive Offer: 30% Off on Regional Reports
Get a free sample report and customize your regions for a 30% discount on your regional report!
Milk is routinely acknowledged as a foundation of various nutrients and minerals, particularly fats, protein, calcium, and vitamins. However, even when nearly everybody requires milk, not all of the planet can produce it, creating various milk deficits. This deficit, in turn, leads to high imports of dairy products, including whey, from regions such as Australia, New Zealand, the United States, and Europe.
The effect of this deficit and increase in imports is particularly significant in various emerging economies, such as China, Indonesia, Mexico, and Russia. China is the leading importer of dairy products, importing more than 347,000 tons of whole milk powder in 2015.
The growth of the overall global baby food market is primarily driven by rising demands by healthcare professionals to discuss alternative formulations with their patients.
An increase in infants are being prescribed customized infant formulas to address various deficiencies and ensure adequate nutrition intake, including carbohydrates and proteins.
Several industry leaders are exploring methods to produce infant formula with minimal mineral content. Agrana Starch offers both traditional and natural and organic ingredients for infant nutrition that don't include any artificial flavors, colorants, or preservatives.
Countries such as India, China, and Brazil are undergoing strong agricultural growth. Weak distribution networks mean that the manufacturers cannot use their outlets for selling milk by-products. Instead, they adopt alternative, automated distribution channels such as online sales, stores, and fairs for better reach.
Demineralized whey concentrate products are significantly less costly than cereals, supplements, and other dairy products. This may reduce the industry's revenue throughout the completion of this prophecy.
The infant food segment by application is expected to register a relatively high CAGR during the forecast period. The bakery and confectionary segment is expected to register a CAGR of 5.3% in value over the forecast period. In 2022, the infant food segment was valued at USD 384 million and is expected to register a CAGR of 7.3% over the forecast period to reach USD 765.4 million by the end of 2033. In 2022, the infant food segment captured 32.4% of global market shares.
Check Free Sample Report & Save 40%!
Select your niche segments and personalize your insights for smart savings. Cut costs now!
Demineralized whey powder is increasingly being used as a dairy-filling component owing to its intake of high amounts of nutrients, mineral salts, as well as lactose. For instance, Alpavit has developed Depiramin 50, an essential component in producing a large range of foods, particularly those containing sugar and yeast, by reducing the salt content and its favorable sensory properties.
Sour whey powder, which features high protein content, is being increasingly employed in bakery products that are high in carbohydrates to make these products less high-in-carb. For example, Lactalis Ingredients, which operates in France, manufactures whey protein suitable for use in high-protein low-caloric products such as cakes and sweets.
Supplements such as demineralized whey have high bioavailability and absorption profiles that are highly desirable for muscle-building maintenance after exercise and to accelerate post-workout recuperation. As a result, demand for these applications in sports nutrition products and the weight management industry has been on the rise in recent years. The emergence of nutritional and sports nutrition and rising demand for functional foods for weight management and slimming are key factors driving the revenue growth of the global demineralized whey powder ingredient industry at present.
North America is one of the prominent markets for demineralized whey powder. This powder is a by-product of cheese production and is used in many products, including infant formula, sports drinks, and protein supplements.
There are several reasons for North America's large market share. First, the region has a large population of infants and young children, who are the primary consumers of infant formula. Second, North America has many athletes and active adults who use sports drinks and protein supplements. Finally, North Americans have a high level of disposable income, which allows them to purchase these products.
As the world’s leading importer of dairy products, China’s demand for demineralized whey powder (DWP) has been on the rise in recent years.
DWP is a key ingredient in infant formula, and with the Chinese government’s recent crackdown on food safety, many parents are turning to foreign brands that they perceive to be of higher quality. While most DWP is imported from New Zealand and the European Union, there is a growing market for DWP from China itself.
Japan is the world's leading importer of demineralized whey powder, accounting for nearly 40% of the global market. The country has been a key buyer of the product since the early 2000s when it began to be used in baby formula.
Demand for demineralized whey powder in Japan has grown steadily in recent years due to its use in a wider range of food and beverage products. The powder is now used in sports drinks, yogurt, desserts, and some savory dishes.
The global market for demineralized whey is incredibly fragmented and competitive due to several local and regional rivals. Key players employ a range of marketing strategies, such as partnerships, expansions, mergers and acquisitions, and collaborations.
Recent Developments Observed by FMI:
Deminal 90 Organic, a new organic variation of their demineralized whey ingredient for baby formula, was introduced in June 2021 by FrieslandCampina Ingredients (Amersfoort, The Netherlands). It limits the mineral concentration while also providing the appropriate casein-to-whey ratio. Fresh milk from the company's hand-picked network of organic dairy farmers is used to make it.
| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | USD million for Value |
| Key Regions Covered | North America; Latin America; Europe; Asia Pacific; The Middle East & Africa (MEA) |
| Key Countries Covered | United States, Canada, Germany, United Kingdom, Nordic, Russia, BENELUX, Poland, France, Spain, Italy, Czech Republic, Hungary, Rest of EMEAI, Brazil, Peru, Argentina, Mexico, South Africa, Northern Africa, GCC Countries, China, Japan, South Korea, India, ASEAN, Thailand, Malaysia, Indonesia, Australia, New Zealand, Others |
| Key Segments Covered | Product, Application, Region |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Trend Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The market is projected to grow at a 5% CAGR by 2033.
The market will be worth USD 1,086.7 Million by 2033.
The market is valued at USD 657 Million in 2023.
The food and beverage industry is the primary consumer.
The demand for functional foods and beverages is driving growth in North America.
| Market Value (2023) | USD 19.6 billion |
|---|---|
| Market Anticipated Value (2033) | USD 40.3 billion |
| Market Growth Rate (2023 to 2033) | 7.5% CAGR |
| Market Valuation (2023) | USD 1.6 billion |
|---|---|
| Market Valuation (2033) | USD 3.4 billion |
| Market CAGR (2023 to 2033) | 7.9% |
Explore Functional Food Ingredients Insights
View Reports
Demineralized Whey Powder Ingredient Market
Thank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.
