Market Highlights

The global whey permeate market is projected to exhibit a CAGR of 4.05% during the forecast period of 2021 to 2028.

The global whey permeate market is projected to be valued at USD 970.6 million by 2028, recording a CAGR of 4.05% during the forecast period. Whey permeate has applications in various industries. It can be used as a fat-free carbohydrate ingredient, including as a bulk sweetener in confectionery, chocolate, and bakery products. Whey permeate has an ability to replace other, more expensive milk solids without altering the texture and taste of food products or needing changes to processing parameters. Whey permeate is used as an alternative to whey powder, demineralised whey powder or lactose. The demand for whey permeate is increasing from various industries from past few years. Owing to this, many manufcaturers are introducing whey permeate in various food applications. For instance, Arla Foods Ingredients has welcomed a major development for Chinese markets, as the country recently permitted imports of whey permeate for use in major product lines such as chocolate and biscuits. This creates growth opportunities for global whey permeate market for the forecast period. However, there has been a rise in the number of cases of lactose intolerance across the globe. Whey permeate contains 44–50 g l−1 lactose. The average content of lactose in whey permeate is 80%. This can restrict the growth of global whey permeate market for the forecast period.

The lockdown in various countries across the globe is also affecting the production capacity of the whey permeate manufacturing companies. Manufacturers in the industry are also facing production problems as they have to either shut down production to ease employee concerns or are run production under-staffed. Procurement of ingredients has also become a major concern for the manufacturers. The company’s contract manufacturer that produces the whey permeate had to close the production facility in response to the ongoing disease outbreak, which has affected both the manufacturing and shipping of the whey permeate. This is further hampering the demand-supply of whey permeate.     

With countries across the world, locking down their borders, there have been minimum export-import movements, which has profoundly impacted the growth of the overall whey permeate industry. Measures to control COVID-19 have led to multiple productions and transport disruptions in China, where much of the global supply of ingredients originates. All this has severely affected the supply chain of whey permeate market at a global level.  

Major Key Players

Market Research Future has recognized the following companies as the key players in the global whey permeate market Arla Foods amba (Denmark), Agri-Dairy Products, Inc. (US), Melkweg Holland BV (Netherlands), LACTALIS Ingredients (France), Arion Dairy Products B.V. (Netherlands), Havero Hoogwegt B.V. (Netherlands), Sloan Valley Dairies Ltd. (Canada), FIT Company (France), Agropur Ingredients (US), and American Dairy Products Institute (US).

Segmental Analysis

The global whey permeate market analysis has been segmented based on product type, distribution channel, and region.

By application, the global whey permeate market size has been segmented as food beverage, animal feed, and others. Food beverage is further segmented as bakery confectionery, beverages, sweet savory snacks, dairy frozen desserts, others. Food beverage segment accounted for the largest market share in 2020 and is expected to raise at a decent pace during the forecast period. However, the feed segment is expected to grow with a significant CAGR in the global whey permeate market for the forecast period. As whey permeate is a free-flowing powder which blends uniformly and dissolves easily, even in the high-moisture conditions, it has become an ideal choice, particularly for baby pigs, poultry, cattle, and aquaculture feed. Owing to the increasing demand for whey permeate in feed applications, the feed segment is expected to grow with the highest CAGR for the forecast period.

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Regional Analysis

Geographically, the global whey permeate market has been categorized as North America, Europe, Asia-Pacific, and Rest of the World. As per MRFR analysis, North America constituted a dominant whey permeate market share in 2022. And Asia-Pacific is expected to grow with the highest CAGR during the forecast period.

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