The whey protein powder market was valued at US$ 10,252.9 million in 2018 and is expected to grow at a CAGR of 6.2%from 2019 to 2027 to reach US$ 17,522.4 million by 2027.
Over the last decade, the rising health-conscious customers across the globe has created lucrative opportunities for the whey protein powder manufacturers. Consumers are looking for ways in adopting a healthy and an active lifestyle, which has boosted the demand for health-oriented food products. Thus, protein supplement bears the same kind of traction in Europe, North America, and APAC. Healthy lifestyle is becoming a normal way of life due to concerns majorly over food sensitivity and obesity, as well arise in diseases. Consumers spending on various protein and associated supplements has boosted the market growth over the past few years. Moreover, rising disposable income and improving financial stability are also creating lucrative opportunities for the manufacturers. People are anticipated to spend on these products due to rise in obesity concerns and healthcare awareness, as well as the ability to spend on various items such as protein bars and other supplements.
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(**Note: The sample of this report is updated with COVID-19 impact analysis**)
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Global Whey Protein Powder Market – By Type
Global Whey Protein Powder Market – By Application
Global Whey Protein Powder Market – By Distribution Channel
Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post the COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.
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