Whey market grows 20% to €5.83bn

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The global whey market is outperforming most nutrition sectors in the global recessed economy, growing 20% to €5.83bn in 2011.

A 3A Business Consulting report said the whey market would be worth €6.88bn in 2015 – a 4% yearly growth at constant prices since 2010.

High-end protein products - WPC80, isolates and hydrolysates - were growing at double digit figures, “whereas whey powder and other low-end products are stagnating”.

“It is tempting to say that demand for whey and lactose just keeps growing, irrespective of significant price volatility over the last 5 years and the relative poor performance of the global economy,”​ said Tage Affertsholt, Partner of 3A Business Consulting.

Lactose, pharmaceutical lactose, permeate and lactose derivatives were worth €1.62bn in 2011, €1.94bn in 2015, 3A predicted.

“For the lactose product group, high growth is apparent for permeate, but also for standard lactose, pharmaceutical lactose and galactooligosaccharides,”​ it said.

Major players are Lactalis, FrieslandCampina, Fonterra, Arla Foods, Saputo, Glanbia, Murray Goulburn, DMK/Wheyco, Leprino, Agropur, Sachsenmilch, Armor Proteines and Hilmar, Meggle, Euroserum, Milei, Volac, Carbery, Dairygold, Milk Specialties Global and Davisco.

Related topics: Markets, Nutritionals

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