Asia Pacific Smoothies Market
The Asia Pacific smoothies’ market is expected to grow from approximately USD 4.5 billion in 2025 to around USD 8.5 billion in 2030, at a compound annual growth rate of around 12.8% during 2025-2030.
Explore reportPublished: 2023 - Jul
Report Code: VMR-12971
Region: Global
Historic Range: 2020-2022
Forecast: 2023-2029
Format: Excel and PDF
In 2022, the Global Whey Protein Capsules Market was valued at USD 9.6 billion and is projected to reach a market size of USD 19.90 billion by 2030. Over the forecast period of 2023-2030, the market is projected to grow at a CAGR of 9.54%.
Industry Overview:
Whey protein is used for enhancing athletic performance, as a meals supplement, as a choice of milk for humans with lactose intolerance, for changing or supplementing milk-based toddler formulas, and for reversing weight loss and growing glutathione (GSH) in human beings with HIV disease. Protein is a necessary section of your diet.
This crucial macronutrient helps construct robust bones, and lean muscle groups and can even raise your metabolism. The endorsed dietary allowance, or RDA, for protein, is 0.8 grams of protein per kilogram of physique weight. Although there are masses of protein-rich meals handy in your grocery aisles — which include fish, meat, and vegetarian selections — once in a while your medical doctor will advise that you take protein drugs if you are not getting adequate protein thru your weight-reduction plan alone. Protein drugs are dietary complements containing protein powder in a capsule or pill form. They are extensively on hand at fitness meal stores, online shops, and even drugstores.
Manufacturers use many extraordinary sorts of protein to produce powder for protein pills. Common substances are soy, collagen, bone broth, or whey. Or they would possibly comprise substances like casein, pork, or pea powder. If you have a dairy hypersensitivity or are lactose intolerant, though, usually steer clear of whey protein tablets, given that whey is a byproduct of making cheese. You'll additionally desire to keep away from collagen, pork, and bone broth pills if you comply with a vegan or vegetarian diet.
COVID-19 impact on the Whey Protein Capsules Market
The Covid-19 pandemic has affected each and every section of industry and especially anything related to the food industry is also affected in the same way. During covid, there was a high demand for food but due to no transportation facilities, most of the food got wasted.
The outbreak has been affecting economies and industries in a range of international locations due to lockdowns, tour bans, and enterprise shutdowns. The international meals processing enterprise is one of the important industries that is struggling with serious disruptions such as factory shutdowns, grant chain breaks, technological know-how activities cancellations, and workplace shutdowns as end result of this outbreak. The whey protein industry is also affected in the same way that is why the market has been restrained severely.
MARKET DRIVERS:
A rise in a healthy lifestyle is driving the growth of the market
The rising occurrence of lifestyle-related ailments and growing attention involving healthful ways of life are spurring the demand for whey protein. Protein dietary supplements are regularly endorsed at gyms and health centers, which is attracting customer interest in the direction of whey protein.
Due to its antibacterial and antihypertensive properties, whey protein is used in the meal’s enterprise in cereals, chocolates, beverages, toddler foods, dairy products, and baked goods. This is predicted to proceed using the income of whey protein throughout the globe. Unlike different dairy products, whey protein has a notably lengthy shelf life, so it can ultimate for months whilst keeping its unique properties. In addition to this, whey protein is typically accessible in powder form, making it handy to transport from one vicinity to another.
MARKET RESTRAINTS:
Side effects of whey protein are restraining the growth of the market
It is obvious that things that are useful to the body sometimes come out with side effects and whey protein also has some side effects that is restraining the growth of the market. Consistent excessive doses of whey protein may additionally purpose acne. From a dietary factor view, whey protein is very uncommon and does no longer have a herbal equivalent. Some human beings agree that there are dangers from nutritionally subtle ingredients such as these, because, though they include a lot of nutrients, the stability is closely tipped in the direction of protein.
WHEY PROTEIN CAPSULES MARKET REPORT COVERAGE:
|
REPORT METRIC |
DETAILS |
|
Market Size Available |
2022 - 2030 |
|
Base Year |
2022 |
|
Forecast Period |
2023 - 2030 |
|
CAGR |
9.54% |
|
Segments Covered |
By Product, Application, and Region |
|
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
|
Regional Scope |
North America, Europe, APAC, Latin America, Middle East & Africa |
|
Key Companies Profiled |
Alpavit, Arla Foods, Carbery Group, Davisco Foods International, Inc., Fonterra Co-operative Group Ltd, Glanbia plc, Hilmar Cheese Company, Inc, LACTALIS ingredients, Leprino Foods Company, Maple Island Inc, Milk out SA, Milk Specialists, Olam Internationa, Saputo Inc., WheyCo Gmb |
By Type, The Whey Protein Concentrate (WPC) section led the market and accounted for extra than 48.0% share of the world income in 2021. WPCs are a crew of whey proteins that stay soluble in the whey after the precipitation of casein at pH 4.6 and a temperature of 20°C. These concentrates are a heterogeneous grouping of a range of diverse proteins and incorporate minerals, lipids, and lactose.
WPCs are used for several purposes inclusive of including the manufacturing of dairy desserts, beverages, and yogurt products. Furthermore, these concentrates are employed as a supply of protein fortification for toddler meals and dietary products. WPC reveals gelling properties when dissolved in water and heated. This property is extraordinarily really helpful for dietary and meat enterprise applications. Whey Protein Hydrolysate (WPH) reveals prebiotic, antimicrobial, antioxidant, and hypertensive properties. They are used to manufacture child nutrition, medical nutrition, and sports activity vitamin products. However, hydrolyzed whey proteins are extra high priced in contrast to their counterparts; hence, a majority of the whey complement producers add a very small volume equal to their respective formulas.
WPH is additionally used in the manufacturing of bakery products, low-fat meal products, protein-fortified beverages, and dietetic foods. Favorable help from the regulatory bodies together with the U.S. Food and Drug Administration (FDA) for whey protein hydrolysate to be used in a range of meal functions is probable to force the section boom over the forecast period.
By Application, the meals and beverage software section led the whey protein market and accounted for extra than 48.0% share of the international income in 2021. The product is desired for bakery and confectionery merchandise due to its potential to emulsify, brown, foam, and thicken products. These components additionally enlarge the solubility, dietary fortification, gelation, and water-binding residences of bakery and confectionery products.
The market has witnessed quite a number of trends in the beverage space. New trends in the liquids house are anticipated to gasoline the boom of the product in the drinks phase over the forecast period. In the non-public care and beauty industry, it is utilized to produce a range of merchandise such as hair conditioners, wave sets, hair dyes and colors, shampoos, eye care, and face and physique moisturizing products. Therefore, the demand for whey protein in the utility is possible to witness an enormous increase on account of its number of traits which include skin-hydrating, skin-conditioning, and hair conditioning properties.
Geographically, North America dominated the market and accounted for over 39.0% share of world income in 2021. The vicinity has a large populace going through elevated weight problems degrees and lifestyle-related ailments on account of their dietary habits, excessive disposable income, and availability of a number of processed and ready-to-eat foods, which are no longer always right for purchaser health. The ‘transitioning face’ of meals has developed into useful ingredients and supplements, which can supply several fitness advantages past primary nutrition.
North America is projected to witness a constant boom on account of the growing use of meal and dietary supplements with decreased calorie ranges and excessive dietary content. Furthermore, the growing focus on the consumption of complementary merchandise in Mexico and Canada on account of new product launches is predicted to promote the software scope of whey protein substances in the vicinity over the forecast period.
In the Asia Pacific, the market used to be valued at USD 1.6 billion in 2021 and is estimated to witness the quickest boom over the forecast duration on account of developing exports and home demand for dairy-based protein components such as whey and casein. China is one of the greatest producers of dairy-based proteins owing to the handy availability of uncooked materials.
Whey Protein Capsules Market Share by Company
Companies like Alpavit, Arla Foods, Carbery Group, Davisco Foods International, Inc., Fonterra Co-operative Group Ltd, Glanbia plc, Hilmar Cheese Company, Inc, LACTALIS ingredients, Leprino Foods Company, Maple Island Inc, Milk out SA, Milk Specialists, Olam Internationa, Saputo Inc., WheyCo Gmb, and others are playing a pivotal role in the market.
Also, Saputo Inc. acquired Dairy Crest Group P.L.C., the U.K.-based dairy products manufacturer. The former undertook the acquisition to expand its international presence.
Key agencies are focusing on R&D as they are periodically launching new merchandise to continue to be abreast of the competition. The producers in the market area have set up partnerships with milk-presenting corporations to make certain non-stop uncooked cloth provide and environment-friendly logistics networks. Moreover, acquisition emerged as a key commercial enterprise approach in the market for the enlargement of the geographical footprint as properly as the product portfolio.
NOTABLE HAPPENINGS IN THE GLOBAL WHEY PROTEIN CAPSULE MARKET IN THE RECENT PAST:
Product Launch- In February 2021, Arla Foods amba, a Denmark-based manufacturer of dairy products, introduced a new beverage based on the whey protein medical beverage concept.
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The Asia Pacific smoothies’ market is expected to grow from approximately USD 4.5 billion in 2025 to around USD 8.5 billion in 2030, at a compound annual growth rate of around 12.8% during 2025-2030.
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