Market revenue in 2022 | USD 155.3 million |
Market revenue in 2030 | USD 348.5 million |
Growth rate | 10.6% (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 |
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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 40.89% in 2022. Horizon Databook has segmented the Italy 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.
Italy is the fifth largest country in Europe in terms of population as of 2019, which makes it an important market for the food and beverage industry.
The increasing awareness about benefits of whey protein, such as regulation of iron metabolism and protection from viruses, bacteria, and fungi, along with the increasing demand for performance foods and beverages, such as milk-based products and protein supplements in the country, is expected to drive the demand for whey protein ingredients over the upcoming years.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy whey protein market , including forecasts for subscribers. This country databook contains high-level insights into Italy whey protein market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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