LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET 2019-2027

Lifesciences | Healthcare & Wellness

LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET 2019-2027

Market By Type, End-user, Application And Geography | Forecast 2019-2027

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According to Triton, the whey protein ingredients market in Latin America is expected to proliferate with a CAGR of 9.77% in terms of revenue and 3.95% in terms of volume in the forecast period of 2019-2027.

The countries that have been scrutinized in the Latin America whey protein ingredients market are:

•           Brazil

•           Mexico

•           Rest of Latin America

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Whey protein ingredients are the best suitable alternative in Mexico and the demand for dairy alternatives in the functional food and bakery sector has spiked in recent years. The country is one of the biggest import hubs for whey protein ingredients. The growing number of health-conscious young people has led to a spurt in demand for whey, as it is a vital ingredient in weight management & bodybuilding. Mexico is the 16th largest producer of cow milk, with a market share of 2% in the entire world. This helps in easy access to raw materials for whey protein ingredients production in Mexico.

The obesity growth rates in Mexico are amongst the highest in the world, with 7 out of 10 adults suffering from overweight. The reasons for this trend are to be found in high consumption of fatty food and drinks with high sugar content, a diet increasingly influenced by the US’ fast and super-sized food culture and an increasingly sedentary lifestyle, mainly due to long working hours and long commuting times. An increasing number of people in Mexico are seeking the advice of nutritional experts. This is another factor that is driving the market in the country.

Cargill, Incorporated, through its subsidiaries, engages in the businesses of food, agriculture, industrial and financial products & services around the world. The company has constantly been increasing its focus on research and development (R&D) activities. It devotes significant resources and attention to product development, enhancing an existing product and improving process efficiencies. Cargill took some strategic investment initiatives to strengthen its operations and also increase in returns. Formerly known as Cargill Elevator Company, Inc., the company, in 1930, changed its name to Cargill, Incorporated. The US-based company has locations in Africa, the Asia-Pacific, Europe, Latin America, the Middle East and North America.


 

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Table of Content

1. LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET - SUMMARY

2. INDUSTRY OUTLOOK

2.1. MARKET DEFINITION

2.2. PORTER’S FIVE FORCE ANALYSIS

2.2.1.   THREAT OF NEW ENTRANTS

2.2.2.   THREAT OF SUBSTITUTE

2.2.3.   BARGAINING POWER OF SUPPLIERS

2.2.4.   BARGAINING POWER OF BUYERS

2.2.5.   THREAT OF COMPETITIVE RIVALRY

2.3. MARKET ATTRACTIVENESS INDEX

2.4. VENDOR SCORECARD

2.5. INDUSTRY COMPONENTS

2.5.1.   DAIRY/CHEESE INDUSTRY

2.5.2.   FOOD & BEVERAGE INDUSTRY

2.5.3.   VALUE-ADDED PRODUCT

2.5.4.   BIOETHANOL FUEL PRODUCTION

2.6. MANUFACTURING EXPENSES INVOLVED IN WHEY PROTEIN INGREDIENTS MAKING PROCESS

2.7. MARKET DRIVERS

2.7.1.   GROWING AWARENESS OF WHEY PROTEIN INGREDIENTS

2.7.2.   HEALTH & WELLNESS PRODUCTS SHOW RISING TRENDS

2.8. MARKET RESTRAINTS

2.8.1.   RAW MATERIAL PRICE FLUCTUATIONS

2.8.2.   THE INDUSTRY IS HIGHLY FRAGMENTED IN NATURE

2.8.3.   HIGH COST OF MANUFACTURING

2.9. MARKET OPPORTUNITIES

2.9.1.   DEMAND FOR HIGH-QUALITY PROTEIN SUPPLEMENTS

2.9.2.   HEALTH-CONSCIOUS CONSUMERS ON THE RISE

2.9.3.   GROWTH OF PACKAGED & SPECIALTY FOOD

2.10. MARKET CHALLENGES

2.10.1.                INCIDENCE OF DISEASES FROM FARM ANIMALS REDUCES ADOPTION OF FARM PRODUCTS

2.10.2.                HEALTH-RELATED PROBLEMS FROM WHEY PROTEIN INGREDIENTS

3. LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET OUTLOOK - BY TYPE (IN TERMS OF VALUE: $ MILLION & IN TERMS OF VOLUME: KILOTONS)

3.1. WPI

3.2. WPC 80

3.3. WPC 50-79

3.4. WPC 35

3.5. DWP

3.6. WPH

4. LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET OUTLOOK - BY END-USER (IN TERMS OF VALUE: $ MILLION & IN TERMS OF VOLUME: KILOTONS)

4.1. BAKERY & CONFECTIONERY

4.2. DAIRY PRODUCTS

4.3. FROZEN FOODS

4.4. SPORTS NUTRITION

4.5. BEVERAGES

4.6. MEAT PRODUCTS

4.7. MEDICINE

4.8. OTHERS

5. LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET OUTLOOK - BY APPLICATION (IN TERMS OF VALUE: $ MILLION & IN TERMS OF VOLUME: KILOTONS)

5.1. FUNCTIONAL FOODS & BEVERAGES

5.2. INFANT NUTRITION

5.3. SPORTS FOOD & BEVERAGES

5.4. CLINICAL NUTRITION

5.5. OTHER APPLICATIONS

6. LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET - REGIONAL OUTLOOK (IN TERMS OF VALUE: $ MILLION & IN TERMS OF VOLUME: KILOTONS)

6.1. BRAZIL

6.2. MEXICO

6.3. REST OF LATIN AMERICA

7. COMPANY ANALYSIS

7.1. CARGILL, INCORPORATED

7.2. DANONE S.A.

7.3. ARLA FOODS

7.4. FONTERRA CO-OPERATIVE GROUP LIMITED

7.5. OMEGA PROTEIN

7.6. ERIE FOODS INTERNATIONAL, INC.

7.7. GRANDE CUSTOM INGREDIENTS

7.8. AGROPUR MSI, LLC

7.9. AMERICAN DAIRY PRODUCTS INSTITUTE

7.10. LEPRINO FOODS, CO.

7.11. MEGGLE GROUP

7.12. MILK SPECIALTIES

7.13. WARRNAMBOOL CHEESE AND BUTTER FACTORY

7.14. WESTLAND MILK PRODUCTS

7.15. SAPUTO INGREDIENTS

8. RESEARCH METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE & DELIVERABLES

8.2. SOURCES OF DATA

8.3. RESEARCH METHODOLOGY

List of table

TABLE 1: LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 2: LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, BY COUNTRY, 2019-2027 (IN KILOTONS)

TABLE 3: VENDOR SCORECARD

TABLE 4: WHEY POWDER MANUFACTURING EXPENSES IN PERCENTAGE

TABLE 5: LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, BY TYPE, 2019-2027 (IN $ MILLION)

TABLE 6: LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, BY TYPE, 2019-2027 (IN KILOTONS)

TABLE 7: LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, BY END-USER, 2019-2027 (IN $ MILLION)

TABLE 8: LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, BY END-USER, 2019-2027 (IN KILOTONS)

TABLE 9: LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, BY APPLICATION, 2019-2027 (IN $ MILLION)

TABLE 10: LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, BY APPLICATION, 2019-2027 (IN KILOTONS)

TABLE 11: LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, BY COUNTRY, 2019-2027 (IN $ MILLION)

TABLE 12: LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, BY COUNTRY, 2019-2027 (IN KILOTONS)

List of Figures

FIGURE 1: PORTER’S FIVE FORCE ANALYSIS

FIGURE 2: MARKET ATTRACTIVENESS INDEX

FIGURE 3: INDUSTRY COMPONENTS

FIGURE 4: LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, BY WPI, 2019-2027 (IN $ MILLION)

FIGURE 5: LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, BY WPC 80, 2019-2027 (IN $ MILLION)

FIGURE 6: LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, BY WPC 50-79, 2019-2027 (IN $ MILLION)

FIGURE 7: LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, BY WPC 35, 2019-2027 (IN $ MILLION)

FIGURE 8: LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, BY DWP, 2019-2027 (IN $ MILLION)

FIGURE 9: LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, BY WPH, 2019-2027 (IN $ MILLION)

FIGURE 10: LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, BY BAKERY & CONFECTIONERY, 2019-2027 (IN $ MILLION)

FIGURE 11: LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, BY DAIRY PRODUCTS, 2019-2027 (IN $ MILLION)

FIGURE 12: LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, BY FROZEN FOODS, 2019-2027 (IN $ MILLION)

FIGURE 13: LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, BY SPORTS NUTRITION, 2019-2027 (IN $ MILLION)

FIGURE 14: LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, BY BEVERAGES, 2019-2027 (IN $ MILLION)

FIGURE 15: LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, BY MEAT PRODUCTS, 2019-2027 (IN $ MILLION)

FIGURE 16: LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, BY MEDICINE, 2019-2027 (IN $ MILLION)

FIGURE 17: LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, BY OTHERS, 2019-2027 (IN $ MILLION)

FIGURE 18: LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, BY FUNCTIONAL FOODS & BEVERAGES, 2019-2027 (IN $ MILLION)

FIGURE 19: LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, BY INFANT NUTRITION, 2019-2027 (IN $ MILLION)

FIGURE 20: LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, BY SPORTS FOOD & BEVERAGES, 2019-2027 (IN $ MILLION)

FIGURE 21: LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, BY CLINICAL NUTRITION, 2019-2027 (IN $ MILLION)

FIGURE 22: LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, BY OTHER APPLICATIONS, 2019-2027 (IN $ MILLION)

FIGURE 23: LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)

FIGURE 24: BRAZIL WHEY PROTEIN INGREDIENTS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 25: MEXICO WHEY PROTEIN INGREDIENTS MARKET, 2019-2027 (IN $ MILLION)

FIGURE 26: REST OF LATIN AMERICA WHEY PROTEIN INGREDIENTS MARKET, 2019-2027 (IN $ MILLION)

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