Market Research Blog

The hydrolyzed whey protein market is projected to grow at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2033, significantly surpassing the 2.3% CAGR observed from 2018 to 2022. By 2033, the market value is expected to increase from USD 4,749.7 million in 2023 to USD 8,175.5 million.

Key factors driving the hydrolyzed whey protein market include the rising popularity of fitness centers, enhanced retail availability, and increasing health awareness. Derived from whey, this nutritional supplement offers several health benefits. The hydrolysis process, involving acid and heat treatment, improves absorption, further propelling market growth.

Additionally, the demand for dairy products, the growing consumption of bakery and confectionery items, and heightened health consciousness are contributing to the market’s expansion. The incorporation of whey protein in skincare products and the nutritional needs of athletes also play a vital role in supporting market growth.

Key Takeaways

• India’s hydrolyzed whey protein industry is estimated to thrive at a CAGR of 4.5% by 2033, owing to rising health consciousness and increased demand for fitness supplements.
• The hydrolyzed whey protein sector in the United Kingdom is expected to expand at a 3.3% CAGR by 2033, owing to a growing emphasis on sports nutrition and an ever-increasing preference for protein-rich dietary supplements.
• The market for hydrolyzed whey protein in China is predicted to expand rapidly, with a CAGR of 5.4% by 2033, thanks to factors such as a rising fitness culture, rising disposable incomes, and more excellent consumer knowledge of the advantages of protein supplements.
• The gradual transition to healthy lifestyles and a rising emphasis on sports and fitness activities are likely to propel Australia’s hydrolyzed whey protein market to modest growth at a CAGR of 0.9% by 2033.
• The market for hydrolyzed whey protein in Japan is expected to expand at a CAGR of 3.4% by 2033 due to an aging population increasingly looking for protein supplements to preserve muscular health and general well-being.

Competitive Landscape

Companies like Glanbia plc, Hilmar Ingredients, Arla Foods, Davisco Foods International, and Fonterra Co-operative Group are among the top international competitors in the hydrolyzed whey protein industry. These businesses can serve a diverse consumer base because they have a solid hold on the market and broad distribution networks.

Companies always work to create new hydrolyzed whey protein products with superior formulas, improved taste profiles, and increased nutritional advantages, which play a significant role in the competitive environment. Companies also spend money on research and development to look at how hydrolyzed whey protein might be used in a variety of fields, including nutritional supplements, baby nutrition, and sports nutrition.

Recent Developments

Innovating new products and broadening its product offering have been top priorities for Glanbia. Advanced hydrolyzed whey protein products that are tailored to the needs of athletes and fitness buffs have been introduced. These goods are made to offer quick-absorbing protein with improved bioavailability, which helps with muscle repair and development.

In April 2019, Saputo Inc. acquired the United Kingdom-based dairy products business Dairy Crest Group P.L.C. The former completed the transaction to increase its global reach.

The facility began operating on October 1, 2020, and commissioning work was started by Glanbia Nutritionals. Over the next eight months, MWC will conduct commissioning activities. When fully operational, the 120-acre site’s 375,000-square-foot facility will process 3.6 million liters of milk per day (8 million pounds) into a variety of premium block cheeses and value-added whey products for both domestic and foreign markets.

Dive deeper—click here for the comprehensive report.

Key Segments Profiled in the Hydrolyzed Whey Protein Market

By Product Form:

Capsulated
Powdered

By Application:

Dietary Supplements
Food & Beverages
Pharmaceuticals
Personal Care

By Sales Channel:

Direct Sales
Indirect Sales

By Region:

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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The global cake enzyme market is projected to generate significant growth opportunities from 2022 to 2032, with an anticipated compound annual growth rate (CAGR) of 5.2%. The market, valued at approximately USD 367.0 million in 2022, is expected to exceed USD 609.3 million by 2032. This growth is largely driven by the rising demand for bakery and confectionery products within the food and beverage sector.

Cakes typically contain high levels of fat and sugar and are often frozen, which can lead to staling issues. To combat this, cake enzymes like maltogenic alpha-amylases and maltotetrahydrolases are employed to reduce staling effects. Staling occurs due to alterations in the starch structure during storage.

Enzymes are biological compounds, primarily proteins, characterized by specific properties such as optimal temperature, heat sensitivity, and pH balance. A variety of enzymes are utilized in the production of baked goods, including pastries, cakes, and cookies. Key enzymes include fungal alpha-amylases, maltogenic alpha-amylases, glucose oxidase, lipase, and several others.

Key Takeaways

• Due to the rise in demand for bakery products, the demand for bakery enzymes has also witnessed an increase throughout the forecast period. The presence of various several functional properties in bakery enzymes is anticipated to fuel their demand, increasing the production of bakery products.
• Bakery items are massively used in the luxury hotel market, restaurants, and cafes which is rapidly becoming one of the major factors propelling cake enzymes market growth in the global atmosphere. In addition to that, increasing awareness among bakers about cake enzymes is improving the quality of their baked goods and fueling its market growth.
• The surge in the demand for bakery and confectionery and bakery products in the food & beverage industry has led to a rise in per capita income and shifting consumer preferences to ready-to-eat and convenience food is propelling the growth of the cake enzymes market.
• The cake enzymes help to enhance the taste and quality of cake and other bakery products which in return is expected to augment growth in the cake enzyme market across the estimation period. Rapid discovery of pocket-friendly and better-quality enzymes is expected to grow in the future.
• The frozen bakery products are projected to have remarkable growth in the future attributed to the surge in demand for bakery items majorly bread, owing to a busy lifestyle and an increase in preference for fresh & ready-to-eat breakfast food.
• A significant rise in consumption of bakery products, specifically the packaged variety has increased sales in the market. Increased disposable income, rapid urbanization, and rise in the trend of bread & cakes among millennials, and consistently changing buyer inclination drive the demand for cake enzymes from the bakery industry.

Competitive Landscape

The prominent players in the cake enzymes market are focusing on research and development to create better quality and economical enzymes for widespread consumption. The market is considered highly competitive, attributing to the presence of a large number of participants in the market.

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More Insights into the Cake Enzyme Market

North America is expected to emerge as a lucrative growth opportunity by holding the largest market share in the cake enzyme market with a revenue share worth 31.1% in 2022. North America is projected to dominate the global market owing to the highest consumption of baked goods in the North American region, especially the United States.

According to the FMI analysis, the European region is right next to North America in terms of the largest revenue share. It is expected to reach 28.6% of the global market share in 2022 attributing to the larger production and consumption trend observed in the region.

Asia Pacific region is expected to exhibit remarkable growth in the cake enzymes market by contributing to a significant share of 25.4% in 2022. A significant rise in population in major economies of APAC, such as India and China are expected to auger growth in the market.

The Middle East and Africa are yet another impressive regions to showcase opulent growth opportunities for the cake enzyme market which is expected to reach a share of 12.8% in 2022.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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In 2023, the global almond drink market was valued at approximately USD 4,719.5 million and is projected to grow to around USD 7,751.1 million by 2033, reflecting a robust CAGR of 5.1% during this period. This growth trajectory is anticipated to significantly enhance the demand for almond drinks in the coming years.

Almond drinks are made from ground almonds, offering a nutty flavor and creamy texture. They are lactose-free, making them a popular choice among those who are lactose intolerant, as well as individuals who avoid dairy products, including vegans. Notable brands like Blue Diamond’s Almond Breeze and White Wave Foods’ Silk Pure Almond have gained global recognition, contributing to the increasing popularity of almond drinks as the leading alternative to traditional milk.

The rise in almond drink consumption can be attributed in part to dietary restrictions, as these beverages contain substantially less lactose than regular milk and dairy products. They are also rich in protein and often fortified with calcium, while being low in calories, which may help reduce the risk of heart disease.

Additionally, almond drinks are packed with beneficial lipids, proteins, and fibers, making them a nutritious option for many, especially those who are lactose intolerant. They also provide essential nutrients such as vitamins B6 and C, riboflavin, and more, further enhancing their appeal as a healthy beverage choice.

Global Almond Drink Market: Regional Outlook

Geographically, the global almond drink industry can be divided by major regions which include North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan and Middle East & Africa. Globally, among all regions, North America has developed as the dominant region in global almond drink market followed by Europe and Asia Pacific. Increasing demand for almond drink in lactose-intolerant consumers, has strengthened the growth of global almond drink market and hence is projected to significantly expand the revenue contribution of the market over the forecast period.

Global Almond Drink Market: Growth Drivers

The global almond drink market driving factors are increasing demand for lactose-free food products due to the ease of digest which is likely to contribute significantly to the global almond drink market till 2025. Growing levels of lactose intolerance is one of the major driving factor of the market. Rising consumer awareness regarding usage of lactose-free dairy products in day-to-day life which will help in maintaining the galactose level in the body, is one of the major driving factor for the market globally.

Manufacturers are offering innovative dairy products to the consumers in order to remain in the competition in global almond drink market. Growing population of lactose intolerance consumers is also a major factor which is driving the global almond drink market. Hence, the global almond drink market is expected to observe robust growth over the forecast period.

Global Almond Drink Market: Key Players

Some of the key players identified across the value chain of the global almond drink market include Fuerst Day Lawson, The Pressery, THE LUZ ALMOND COMPANY PTY LTD, Alpro, Provamel, MALK Organics, DREAM, Nutriops S,L, NATURA FOODS, Rude Health, Blue Diamond Growers are among others.

The companies are expected to expand their business by enhancing their product portfolio in global almond drink market. The companies are projected to frame certain strategies in future in order to gain the competitive advantage in global almond drink market till 2025.

Download the full report for in-depth insights.

Regional analysis for Almond drink Market includes:

• North America
• Latin America
• Europe
• Asia Pacific & Japan
• The Middle East and Africa

Global Almond Drink: Market Segmentation

The global almond drink market is segmented on the basis of form, flavor, distribution channel, application and region.

Almond drink market is segmented on the basis of form

• plain unsweetened form
• plain sweetened form

Almond drink market is segmented on the basis of flavor

• chocolate
• vanilla

The almond drink market is segmented on the basis of distribution channel

• online stores
• supermarket/hypermarket
• retail stores
• others

The almond drink market is segmented on the basis of application

• cheese
• desserts
• snacks
• beverages
• cold-pressed milks
• others

Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

In 2023, the global butter powder market reached an estimated value of USD 2.4 billion. Projected to grow at a CAGR of 6.3% over the forecast period, the market is expected to nearly double, reaching approximately USD 4.4 billion by 2033, according to FMI.

This growth is driven by several factors, notably the rising consumer preference for clean-label products and whole foods, which has reshaped the food industry. The demand for carefully selected ingredients has positioned butter powder as a high-demand product, particularly among food brands aiming to meet these evolving preferences.

With an increasing interest in nutritious food alternatives among younger consumers, food brands are expanding their range of flavors. Butter powder offers a convenient, longer-lasting substitute for traditional butter, though its distinct taste and texture limit its application to flavoring and additives rather than direct replacement.

The butter powder market also has significant growth potential in the plant-based sector. Millennials and Gen Z, who represent a substantial portion of the consumer base, are increasingly aware of veganism and sustainable alternatives in response to climate concerns. The development of vegan butter powder presents a largely untapped opportunity that could further fuel market expansion through 2033.

Consumer acceptance is essential for butter powder’s success. However, due to its distinct form, powdered butter may face initial hesitation from consumers accustomed to traditional butter, potentially slowing its adoption in some segments.

Key Takeaways

• The share of the United States’ butter powder market was valued at 22.8% in 2022, making it one of the lead shareholders of the market.
• In 2022, Germany held 7.4% of the value share in the global butter powder market.
• Japan was a global market value shareholder of 3.1% in 2022, depicting a potential undertaking in the forecast period.
• The Chinese market is estimated to have a CAGR of 11.4% by 2033, potentially increasing its value share in the global butter powder market during the forecast period.
• In 2033, the CAGR of the butter powder market in India is gauged at 5%.
• The United Kingdom’s butter powder market is speculated to grow at a rate such that the CAGR is 5.1% in 2033.

What are the recent developments in the competitive field of the butter powder market?

The branding and marketing of the butter powder product is a crucial part of the progress graph of the competitors of the market as it increases the customer base and promotes the benefits of the product itself. Companies performing in the market are largely focused on increasing their customer base by reaching out to them through advertisement and other marketing tactics.

Some of the latest key performers of the market are,

Olam International

Olam International, a Singapore-based company, is a leading manufacturer of butter powder in the global market. In 2022, they observed 16.8% YoY growth, projecting US$ 4.06 billion in revenue.

Arla Foods

Arla Foods, a Swedish company headquartered in Denmark, is a key player in the butter powder market. The company has observed steady growth in its revenue over the last five years until 2022.

Dive deeper—click here for the comprehensive report.

Butter Powder Market Segmentation

By Product Type:

• Dairy-based
• Vegan

By Nature:

• Organic
• Conventional

By Application:

• Baked Goods
• Dairy Products
• Dry Beverage Mix
• Confectionery
• Snack Food
• Breakfast Cereals
• Dietary Supplements
• Sports Nutrition

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East and Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube