Asia Pacific Demineralized Whey Powder Market
No. of Pages: 88 | Report Code: BMIRE00030976 | Category: Food and Beverages
No. of Pages: 88 | Report Code: BMIRE00030976 | Category: Food and Beverages
The Asia Pacific demineralized whey powder market was valued at US$ 220.72 million in 2023 and is expected to reach US$ 354.34 million by 2031; it is estimated to record a CAGR of 6.1% from 2023 to 2031.
Organic demineralized whey powder is produced from milk sourced from cows which are fed organic feed, adhering to strict organic farming standards that prohibit the use of synthetic pesticides, hormones, or genetically modified organisms (GMOs). This ensures a dairy product that is not only nutritionally rich but also free from potentially harmful residues and additives.
Organic demineralized whey powder finds increasing popularity in the food and beverage industry due to its clean label appeal and perceived health benefits. It serves as a key ingredient in organic infant formulas, meeting the stringent requirements for organic certification while providing essential proteins, vitamins, and minerals crucial for infant growth. According to FrieslandCampina, three out of four parents now consider organic an important criterion when purchasing formula for their young children. Also, in China, this figure exceeds 90%. Additionally, the sales volume of organic infant milk formula has increased by more than 12% in past few years. In the dairy sector, it enhances the nutritional profile of organic yogurts, ice cream, and other dairy products, aligning with consumer preferences for natural and organic ingredients.
The surge in demand for organic demineralized whey powder also reflects a growing awareness of environmental sustainability and animal welfare concerns among consumers. By choosing organic products, consumers support farming practices that promote soil health, biodiversity, and humane treatment of livestock. Thus, the growing demand for organic demineralized whey powder is expected to create lucrative opportunities for the demineralized whey powder market growth during the forecast period.
The Asia Pacific demineralized whey powder market is segmented into Australia, China, India, Japan, South Korea, and rest of Asia Pacific. Rapid urbanization, a surge in the middle-class population, the economy's overall growth, an increase in awareness about following healthy lifestyle and growing consumption of infant formula, protein rich bakery products, nutritional supplements, such as protein bars, are a few factors fueling the market growth. Prominent players in the demineralized whey powder market, such as Interfood Holding BV, Asian Group, VRS Foods Ltd., and Milkfood Limited, are focusing on providing innovative demineralized whey powder products, creating new opportunities for the demineralized whey powder market growth in Asia Pacific.
Increased demand for protein-rich diets and a shift in consumer preference toward nutritious and healthy food products are increasing the demand for demineralized whey powder in Asia Pacific. Increasing focus on research and development and processing technologies for dairy-based protein, a growing population of fitness enthusiasts, and rising investments in the food & beverages industry are expected to bolster the market in Asia Pacific during the forecast period. Moreover, the demand for infant formula is increasing rapidly in Asia Pacific due to the growing focus on infant nutrition. Additionally, the growing dairy industry is also contributing to the growth on demineralized whey powder market. For instance, in Asia Pacific, the gross production value of milk accounted for approx. US$ 198.60 billion in 2023. Also, India's dairy industry is the world's largest milk producer, accounting for around 22% of global production. The demand for protein supplements has also witnessed a surge in countries such as India, Malaysia, and Indonesia. These overall demands for protein ingredients in the dietary supplement industry are driving the demineralized whey powder market in Asia Pacific. Further, increasing demand for organic food products, and achieving cost reductions in the manufacturing process in Asia Pacific countries, especially China and India, are the major factors fueling the demand for organic demineralized whey powder.
Strategic insights for the Asia Pacific Demineralized Whey Powder provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 220.72 Million |
Market Size by 2031 | US$ 354.34 Million |
Global CAGR (2023 - 2031) | 6.1% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | Asia-Pacific
|
Market leaders and key company profiles |
The geographic scope of the Asia Pacific Demineralized Whey Powder refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The Asia Pacific demineralized whey powder market is categorized into type, category, application, and country.
Based on type, the Asia Pacific demineralized whey powder market is categorized into 50% demineralized whey, 70% demineralized whey, 90% demineralized whey, and others. The 90% demineralized whey segment held the largest market share in 2023.
By category, the Asia Pacific demineralized whey powder market is bifurcated into conventional and organic. The conventional segment held a larger market share in 2023.
In terms of application, the Asia Pacific demineralized whey powder market is segmented into bakery and confectionery, dairy and frozen desserts, infant nutrition, beverages, and others. The infant nutrition segment held the largest market share in 2023.
By country, the Asia Pacific demineralized whey powder market is segmented into the China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. The Rest of Asia Pacific dominated the Asia Pacific demineralized whey powder market share in 2023.
Interfood Holding BV, Lactalis Ingredients, Hiroland Domestic and Foreign Trade Ltd Co, LACLAT Ltd, Valio Ltd, Charotar Casein Co, Dairygold Cooperative Society Limited, Royal FrieslandCampina NV, and ALIMA-BIS are some of the leading companies operating in the Asia Pacific demineralized whey powder market.
The Asia Pacific Demineralized Whey Powder Market is valued at US$ 220.72 Million in 2023, it is projected to reach US$ 354.34 Million by 2031.
As per our report Asia Pacific Demineralized Whey Powder Market, the market size is valued at US$ 220.72 Million in 2023, projecting it to reach US$ 354.34 Million by 2031. This translates to a CAGR of approximately 6.1% during the forecast period.
The Asia Pacific Demineralized Whey Powder Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Demineralized Whey Powder Market report:
The Asia Pacific Demineralized Whey Powder Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Demineralized Whey Powder Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Demineralized Whey Powder Market value chain can benefit from the information contained in a comprehensive market report.