Overview of the India Whey Protein Market: Key Statistics and Trends:
According to the latest report by MarkNtel Advisors, titled “India Whey Protein Market By Product Type (Whey Protein Concentrate [WPC], Whey Protein Isolate [WPI], Whey Protein Hydrolysate [WPH]), By Application (Sports Nutrition, Food & Beverages, Dietary Supplements, Animal Feed), By Distribution Channel (Online Stores, Supermarkets/Hypermarkets, Pharmacies, Specialty Stores) and others, The India Whey Protein Market size was valued at USD 92.03 million in 2023 & is projected to reach USD 125.2 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 5.08% during the forecast period, i.e., 2024-30. The report provides a thorough analysis of the market, covering competitor dynamics, regional insights, and a detailed breakdown of industry segments.
India Whey Protein Market Growth and Scope:
Base Year: 2023
Forecast Period: 2024-30
Historical Data: 2019-22
CAGR (2024-30): 5.08%
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India Whey Protein Market Trend:
Growing Shift towards the Adoption of Plant-based Whey Protein – The whey protein segment in India is largely impacted by a change in consumer preference. The shift is largely attributed to the health and environmental awareness that is driving consumers in India to choose plant-based protein products instead of the traditional animal-based whey protein. In other words, this has pushed the demand for innovative solutions among manufacturers. Plant-based whey protein caters to a range of consumers from vegans to people who are lactose intolerant.
Whey protein is novel and caters to a wide target group of users, including athletes, fitness enthusiasts, and those generally keen on leading a healthier lifestyle. This kind of innovation is likely to drive substantial growth in the India Whey Protein Market segment in the coming years.
A Comprehensive Analysis of Leading Companies of India Whey Protein Market by MarkNtel Advisors:
- Glanbia plc
- Bright Life Care Private Limited
- Explosive Whey
- Parag Milk Foods Limited
- AS-IT-IS Nutrition
- Nestle S.A.
- BellRing Brands, Inc.
- Naturell India Pvt. Ltd.
- Trojan Group
- Iovate Health Sciences Inc.
- Others
Key India Whey Protein Market Segmentation:
Explore Our Comprehensive Study: https://www.marknteladvisors.com/research-library/india-whey-protein-market.html
-By Product Type
- Whey Protein Concentrate (WPC)
- Whey Protein Isolate (WPI)
- Whey Protein Hydrolysate (WPH)
The Whey Protein Isolate (WPI) segment of the Whey Protein Market has exhibited a significant market share over the past few years.
-By Application
- Sports Nutrition
- Food & Beverages
- Dietary Supplements
- Animal Feed
The highest market share was occupied by Sports Nutrition in the India Whey Protein Market. People participating in various sports have been using whey proteins to increase or maintain muscle mass and to enhance their play in sports or physical performance.
-By Distribution Channel
- Online Stores- Market Size & Forecast 2019-2030, USD Million
- Supermarkets/Hypermarkets- Market Size & Forecast 2019-2030, USD Million
- Pharmacies- Market Size & Forecast 2019-2030, USD Million
- Specialty Stores- Market Size & Forecast 2019-2030, USD Million
Geographical Analysis
-By Region
- North
- East
- West
- South
Key Reports Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
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Key Advantages of the Report by MarkNtel Advisors:
- Accurate Revenue Projections: The report provides precise revenue estimates for the market and its key sub segments, benefiting both market leaders and new entrants.
- Strategic Insights for Stakeholders: By understanding the competitive landscape, stakeholders can strategically position their businesses and develop effective go-to-market strategies.
- Comprehensive Market Dynamics Analysis: The report offers valuable insights into the key drivers, restraints, challenges, and opportunities within the market, helping stakeholders make well-informed decisions.
Note: If you need additional information not included in the report, we can customize it to suit your requirements.
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MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 5.080+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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