GIA announces the release of a comprehensive US & European report on Whey Proteins market. The US Whey Proteins market is anticipated to reach 472.3 million pounds by 2015, driven largely by functional advantages of whey proteins and surging demand from nutrition industry. Developments in technology of whey processing and investments in R&D are other major driving forces for the growth of the whey proteins market.
San Jose, California (Vocus) June 1, 2010 -- Whey has emerged from being a low-profile commodity used in livestock feed to a value-enhancing ingredient with numerous desirable nutritional and functional properties. Developments in technology of whey processing and investments in R&D have led to greater recognition and understanding of the underlying health benefits associated with whey products. Whey protein market momentum is primarily being driven by the functional advantages of whey proteins, isolates and concentrates. Buoyed by the surging popularity, whey has emerged to play a key role in the worldwide protein industry. Whey proteins play a vital role in the formulation of amino acid and protein profile in infant formulas, making it nutritionally similar to mother’s milk and thereby enhancing its nutritional value to infants.
The growing nutrition industry, which includes sports nutrition, dietary supplements, functional foods and clinical nutrition, is the principal driving force for the market growth. Moreover, high-end whey protein isolates (WPI), whey protein concentrates (WPC) and whey protein hydrolysates (WPH) are exhibiting substantial growth rates, owing to the rising demand from nutrition and health segments. With an enhanced focus on technological and functional properties, WPI, WPC and WPH are anticipated to widen their field and scope of application.
The United States and Europe dominate the global whey proteins market, as stated by the new market research report on whey proteins market. High-end technological developments in the utilization of whey proteins and enhanced investments in R&D are paving way for the development of newer and highly applicable whey derivatives. Moreover, with suppliers customizing their products as per the buyer’s specifications, demand for whey proteins is expected to increase in the coming years. However, rising prices of whey proteins are affecting the global market demand for whey proteins, as formulators of food products in the food processing, bakery and confectionary sectors are switching to low cost proteins and vegetable oils.
Key players profiled in the report include Arla Foods Amba, Cargill Inc, Dairy Farmers of America Inc, Davisco Foods International Inc, Erie Foods International Inc, Foremost Farms USA, Glanbia PLC, Grande Custom Ingredients Group, Hilmar Cheese Company, Leprino Foods Company, and Royal FrieslandCampina, among others.
The report titled “Whey Proteins: A US & European Market Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, competitive scenario, product introductions/innovations, and recent industry activity. The study analyzes the US market data and analytics in terms of volume and value sales by the following segments - WPC-34, WPC-80, and WPI. Also, the study analyzes the European market data in terms of volume sales for Whey Proteins (Whey Powder).
For more details about this comprehensive market research report, please visit – http://www.strategyr.com/Whey_Proteins_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world’s largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
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