Germany Whey Protein Ingredients Market Forecast 2021-2026
KEY FINDINGS
The Germany whey protein ingredients market is predicted to record a CAGR of 5.57% in terms of volume and 11.38% in terms of revenue during the forecast period, 2021-2026. The rising acceptance of whey protein for clinical nutrition, aging population, weight loss, and muscle mass is set to increase its consumption. Also, the growing demand from the infant formula industry contributes to market growth.
MARKET INSIGHTS
In Germany, doctors are prescribing whey protein as supplements. There is high awareness regarding the health benefits of whey proteins. Moreover, the growing elderly population has increased the demand for medical, nutritional products that aid in bone and muscle maintenance. Further, the role of protein ingredients in treating Alzheimer’s disease has impacted the market growth positively.
Dietary supplement is the major application in terms of revenue share. Also, whey protein-based drinks are very popular among consumers due to their low-fat content and the presence of abundant essential vitamins and minerals. Further, investments in the research and development and innovations in new food and beverages with whey content, given the rising demand from the health-conscious population, are set to benefit market growth.
COMPETITIVE INSIGHTS
Some of the major firms in the market include Birkamidon Rohstoffhandels GmbH, Sachsenmilch Leppersdorf, Milei GmbH, Alpavit, Lactoland Trockenmilchwerk GmbH, etc.
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