(Health-NewsWire.Net, February 12, 2018 ) North America Whey Protein Market was worth $2.43 billion in 2017 and estimated to be growing at a CAGR of 6.62%, to reach $3.22 billion by 2022. Import and export of whey protein is highest in North America region and is expected to grow at a faster rate in the forecast period.
Whey protein is prepared by separating the casein content from the milk and removing major allergens. These proteins are widely used in the clinical sector and expected to emerge at a fast rate. The growing prescription of enhancements by doctors is giving an opportunity for manufacturers to build products that are clinically proven and accepted.
Rising awareness among consumers for health needs and wellness is driving the market. Trend is observed among customers for ready to go meals due to work culture and busy lifestyle. Whey protein provides them with energy and at the same time helps them to stay healthy. Side effects associated with over consumption of whey protein like nausea, thirst, loss of appetite cramps, diarrhoea, headache, tiredness, and bloating are hindering the market growth.
View full report @ http://www.marketdataforecast.com/market-reports/north-america-whey-protein-market-556/
The North America Whey Protein market is segmented on the basis of type into Whey protein concentrate (WPC), Whey protein isolate and Whey protein hydrolysate. WPC, which is high in lactose and low in protein, leads the market with highest number of shares. It is mainly used in the production of nutritional supplements and protein beverages. On the basis of application the market is segmented into Dairy, Bakery, Dietary supplements, Confectionery, Pharmaceuticals and Instant formula. Dietary supplements sector is the largest segment and expected to remain the same in the forecast period.
The scope of the report provides:
∑ The evaluation of the current market for your product or services and the future implications of the market
∑ Addresses the opportunities by better understanding the market through size estimates and growth rate analysis to forecast the market for the future
∑ Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment
∑ Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share
∑ The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porterís Five Forces
∑ The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors
∑ Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments
∑ Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence
∑ Equip you with the information providing with the investment opportunities in the industry
Looking for more? If you are in need of a specific research study, we have an expertise in undertaking a customized study and will aid to meet your research requirement to the fullest.
Based on geography the North America market is analysed under regions namely, USA and Canada. An explosive drift of healthy food was observed in regions like US and Canada creating a demand for ingredients such as whey protein.
Get free sample report @ http://www.marketdataforecast.com/market-reports/north-america-whey-protein-market-556/request-sample
Some of the key players influencing the whey protein market dynamics are Agropur MSI, DMK Group, Arla Foods, Hilmar Cheese Company, Glanbia, American Dairy Products Institute, Davisco Foods International, Inc., Milk Specialties Global, and Maple Island, Inc.
About Market Data Forecast
Market Data Forecast is a well versed market research firm catering solutions in the fields of market research, business intelligence and consulting. With a profound knowledge about the global market activities coupled with a customized approach. We render services in the most gripping markets like healthcare, agriculture and food & Beverages
More about Market Data Forecast
Visit Market Data Forecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases
Market Data Forecast