China Whey Protein Market Size & Outlook, 2022-2030
China whey protein market, 2017-2030 (US$M)
Related Markets
China whey protein market highlights
- The China whey protein market generated a revenue of USD 217.8 million in 2022 and is expected to reach USD 502.0 million by 2030.
- The China market is expected to grow at a CAGR of 11% from 2023 to 2030.
- In terms of segment, whey protein concentrates (wpc) was the largest revenue generating type in 2022.
- Whey Protein Isolates (WPI) is the most lucrative type segment registering the fastest growth during the forecast period.
Whey protein market data book summary
| Market revenue in 2022 | USD 217.8 million |
| Market revenue in 2030 | USD 502.0 million |
| Growth rate | 11% (CAGR from 2022 to 2030) |
| Largest segment | Whey protein concentrates (wpc) |
| Fastest growing segment | Whey Protein Isolates (WPI) |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Whey Protein Isolates (WPI), Whey Protein Concentrates (WPC), Whey Protein Hydrolysates (WPH) |
| Key market players worldwide | Saputo Inc, Glanbia PLC, Olam Group Ltd, Nestle SA, Danone SA, Abbott Laboratories, Sanofi SA, Hilmar Cheese Company, Fonterra Co-operative Group, ALPAVIT, DMK Group, Milk Specialties Group, Carbery Group, Lactalis Ingredients, Davisco Foods International, Maple Island |
Other key industry trends
- In terms of revenue, China accounted for 3.4% of the global whey protein market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China whey protein market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 450.4 million by 2030.
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Whey Protein Market Scope
Whey Protein Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China whey protein market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to whey protein market will help companies and investors design strategic landscapes.
Whey protein concentrates (wpc) was the largest segment with a revenue share of 40.91% in 2022. Horizon Databook has segmented the China whey protein market based on whey protein isolates (wpi), whey protein concentrates (wpc), whey protein hydrolysates (wph) covering the revenue growth of each sub-segment from 2017 to 2030.
Rising income and rapid urbanization in China has led to change in lifestyle, which in turn has promoted the change in food consumption trends in the country. The country has witnessed a significant increase in per capita consumption of whey proteins. Rise in urban expenditure on functional and healthy food is anticipated to be the key driver of whey protein market in China.
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Target buyers of China whey protein market databook
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Our clientele includes a mix of whey protein market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China whey protein market , including forecasts for subscribers. This country databook contains high-level insights into China whey protein market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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China whey protein market size, by type, 2017-2030 (US$M)
China Whey Protein Market Outlook Share, 2022 & 2030 (US$M)
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