• A detailed research report on the Vaccine Storage & Packaging Market has been published by Fortune Business Insights, offering an extensive analysis of the market landscape. The report covers various aspects such as current trends, growth rate (CAGR), opportunities, market risks, and key factors driving market growth. The Vaccine Storage & Packaging industry forecast provides valuable information related to key drivers, restraints, and opportunities, allowing businesses to make informed decisions about their strategies and investments.

    Source: https://www.fortunebusinessinsights.com/vaccine-storage-packaging-market-107324
    A detailed research report on the Vaccine Storage & Packaging Market has been published by Fortune Business Insights, offering an extensive analysis of the market landscape. The report covers various aspects such as current trends, growth rate (CAGR), opportunities, market risks, and key factors driving market growth. The Vaccine Storage & Packaging industry forecast provides valuable information related to key drivers, restraints, and opportunities, allowing businesses to make informed decisions about their strategies and investments. Source: https://www.fortunebusinessinsights.com/vaccine-storage-packaging-market-107324
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  • Petrochemicals Market Trends, Size, Share Growth Insights, Industry Research and Business Forecast to 2028
    The petrochemicals market size was USD 371.9 billion in 2020. The market size is expected to rise from USD 582.4 billion in 2021 to USD 888.3 billion by 2028 at a CAGR of 6.2% during the forecast period. The global market is expected to rise during the projected period due to increasing environmental concerns by manufacturers in the market. Fortune Business Insights™ publishes this information in a report titled, "Petrochemicals Market, 2021-2028".

    Report Coverage:

    The report provides complete information and statistical data regarding market development trends and business strategies adopted by the key players. Furthermore, recent trends and advancements in the industry are discussed further in this report along with key industry developments. The report sheds light on drivers and restraints affecting the market growth and the impact caused due to COVID-19 pandemic.

    Drivers & Restraints:

    Increasing Product Demand in Packaging Application to Stimulate Growth

    The market is expected to witness significant growth in the coming years owing to the rising plastic consumption in developing economies. The utilization of plastic packaging is increased in various industries, thereby boosting the market in segmented regions. Furthermore, increasing industrialization and commercialization is expected to drive plastic utilization during the projected period. Also, cost-effective and eco-friendly characteristics of the produced plastic are anticipated to drive the market. These factors are likely to ensure the global petrochemicals market growth in the segmented regions.

    However, hazardous effects caused due to petrochemical products may hinder the market growth.

    Regional Insights:

    Asia Pacific Holds Highest Market Share Due to Rising Industrialization

    Asia Pacific dominates the global petrochemicals market share due to rising demand in the consumer goods industry. Increasing industrialization and commercialization in developing countries is expected to maintain the market position during the forecast period.

    North America holds the second-largest global market share due to rising investments in the petrochemicals production sector. This encourages the key players to implement innovative strategies to increase product range.

    Browse Detailed Summary of Research Report with TOC:

    https://www.fortunebusinessinsights.com/petrochemicals-market-102363
    Petrochemicals Market Trends, Size, Share Growth Insights, Industry Research and Business Forecast to 2028 The petrochemicals market size was USD 371.9 billion in 2020. The market size is expected to rise from USD 582.4 billion in 2021 to USD 888.3 billion by 2028 at a CAGR of 6.2% during the forecast period. The global market is expected to rise during the projected period due to increasing environmental concerns by manufacturers in the market. Fortune Business Insights™ publishes this information in a report titled, "Petrochemicals Market, 2021-2028". Report Coverage: The report provides complete information and statistical data regarding market development trends and business strategies adopted by the key players. Furthermore, recent trends and advancements in the industry are discussed further in this report along with key industry developments. The report sheds light on drivers and restraints affecting the market growth and the impact caused due to COVID-19 pandemic. Drivers & Restraints: Increasing Product Demand in Packaging Application to Stimulate Growth The market is expected to witness significant growth in the coming years owing to the rising plastic consumption in developing economies. The utilization of plastic packaging is increased in various industries, thereby boosting the market in segmented regions. Furthermore, increasing industrialization and commercialization is expected to drive plastic utilization during the projected period. Also, cost-effective and eco-friendly characteristics of the produced plastic are anticipated to drive the market. These factors are likely to ensure the global petrochemicals market growth in the segmented regions. However, hazardous effects caused due to petrochemical products may hinder the market growth. Regional Insights: Asia Pacific Holds Highest Market Share Due to Rising Industrialization Asia Pacific dominates the global petrochemicals market share due to rising demand in the consumer goods industry. Increasing industrialization and commercialization in developing countries is expected to maintain the market position during the forecast period. North America holds the second-largest global market share due to rising investments in the petrochemicals production sector. This encourages the key players to implement innovative strategies to increase product range. Browse Detailed Summary of Research Report with TOC: https://www.fortunebusinessinsights.com/petrochemicals-market-102363
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    Petrochemicals Market Outlook with Size, Growth, Trends [2028]
    The global petrochemicals market is projected to grow from $582.4 billion in 2021 to $888.3 billion in 2028 at a CAGR of 6.2% in forecast period, 2021-2028
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  • Flat Glass Market Manufacturers | Size and Revenue | Business Share Forecast by Regions 2021-2026
    According to a recently published report by Fortune Business Insights The global flat glass market is likely to gain traction from the rapid industrialization. It is driving the demand for flat glass as they are being used extensively in the commercial buildings to conserve energy. It is done by maximizing the usage of natural light. Fortune Business Insights™ provided this information in a recent report, The report further states that the flat glass industry share was USD 98.37 billion in 2018 and is projected to reach USD 153.21 billion by 2026, exhibiting a CAGR of 5.7% during the forecast period.

    The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

    Drivers & Restraints-

    Rising Government Initiatives to Promote Energy Efficiency will Drive Growth

    Flat glass is gaining popularity in the building & construction industry owing to its ability to provide excellent thermal insulation and acoustic insulation. Also, the increasing number of infrastructural development and construction activities would contribute to the flat glass market growth in the near future.

    Furthermore, the rising utilization of flat glass in commercial and residential buildings is enabling the usage of natural light and is reducing the consumption, as well as the cost of artificial lights. The governments of various countries are also implementing various stringent norms and regulations to promote energy efficiency. Researchers say that buildings adopting these rules are consuming approximately 40%-60% less energy, unlike the conventional buildings. However, the decomposition of raw materials and combustion of fuel oil often emit carbon dioxide in the atmosphere. It may obstruct the market growth.

    Segment-

    Ability to Improve Solar Gain will Drive Growth of the Coated Segment

    Based on product type, the market is categorized into toughened, laminated, extra clear, coated, and others. Out of these, in 2018, the coated segment held 23.9%flat glass market share. This growth is attributable to the possession of numerous beneficial properties of coated flat glass. These include enhanced self-cleaning, hydrophobic, anti-reflection, and insulation properties. Such glass aids in improving solar gain and in maintaining the heat inside the building. The laminated segment, on the other hand, holds the major share fueled by their upsurging demand from the construction and automotive industries. It is because they are capable of remaining intact when broken.

    Source:https://www.fortunebusinessinsights.com/flat-glass-market-102720
    Flat Glass Market Manufacturers | Size and Revenue | Business Share Forecast by Regions 2021-2026 According to a recently published report by Fortune Business Insights The global flat glass market is likely to gain traction from the rapid industrialization. It is driving the demand for flat glass as they are being used extensively in the commercial buildings to conserve energy. It is done by maximizing the usage of natural light. Fortune Business Insights™ provided this information in a recent report, The report further states that the flat glass industry share was USD 98.37 billion in 2018 and is projected to reach USD 153.21 billion by 2026, exhibiting a CAGR of 5.7% during the forecast period. The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic. Drivers & Restraints- Rising Government Initiatives to Promote Energy Efficiency will Drive Growth Flat glass is gaining popularity in the building & construction industry owing to its ability to provide excellent thermal insulation and acoustic insulation. Also, the increasing number of infrastructural development and construction activities would contribute to the flat glass market growth in the near future. Furthermore, the rising utilization of flat glass in commercial and residential buildings is enabling the usage of natural light and is reducing the consumption, as well as the cost of artificial lights. The governments of various countries are also implementing various stringent norms and regulations to promote energy efficiency. Researchers say that buildings adopting these rules are consuming approximately 40%-60% less energy, unlike the conventional buildings. However, the decomposition of raw materials and combustion of fuel oil often emit carbon dioxide in the atmosphere. It may obstruct the market growth. Segment- Ability to Improve Solar Gain will Drive Growth of the Coated Segment Based on product type, the market is categorized into toughened, laminated, extra clear, coated, and others. Out of these, in 2018, the coated segment held 23.9%flat glass market share. This growth is attributable to the possession of numerous beneficial properties of coated flat glass. These include enhanced self-cleaning, hydrophobic, anti-reflection, and insulation properties. Such glass aids in improving solar gain and in maintaining the heat inside the building. The laminated segment, on the other hand, holds the major share fueled by their upsurging demand from the construction and automotive industries. It is because they are capable of remaining intact when broken. Source:https://www.fortunebusinessinsights.com/flat-glass-market-102720
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Flat Glass Market Size, Share, Industry Research, Revenue Forecast, 2032
    The global flat glass market size was valued at $98.37 billion in 2018 and is projected to reach $153.21 billion by 2026, exhibiting a CAGR of 5.7% during the forecast period.
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  • A research report on the Aroma Chemicals Market has been published by Fortune Business Insights, offering an extensive analysis of the market landscape. The global aroma chemicals market is projected to grow from $5,125.8 million in 2021 to $6,968.3 million in 2028 at a CAGR of 4.5% from 2021 to 2028. The Aroma Chemicals industry forecast provides valuable information related to key drivers, restraints, and opportunities, allowing businesses to make informed decisions about their strategies and investments.

    Source: https://www.fortunebusinessinsights.com/aroma-chemicals-market-105142
    A research report on the Aroma Chemicals Market has been published by Fortune Business Insights, offering an extensive analysis of the market landscape. The global aroma chemicals market is projected to grow from $5,125.8 million in 2021 to $6,968.3 million in 2028 at a CAGR of 4.5% from 2021 to 2028. The Aroma Chemicals industry forecast provides valuable information related to key drivers, restraints, and opportunities, allowing businesses to make informed decisions about their strategies and investments. Source: https://www.fortunebusinessinsights.com/aroma-chemicals-market-105142
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  • The global plastic additives market is projected to grow from $51.04 billion in 2021 to $75.20 billion in 2028 at a CAGR of 5.7% in the forecast period, 2021-2028 The Plastic Additives industry forecast provides valuable information related to key drivers, restraints, and opportunities, allowing businesses to make informed decisions about their strategies and investments. The Plastic Additives Market report provides essential data, statistics, and trends to businesses worldwide.

    Source: https://www.fortunebusinessinsights.com/plastic-additives-market-104448
    The global plastic additives market is projected to grow from $51.04 billion in 2021 to $75.20 billion in 2028 at a CAGR of 5.7% in the forecast period, 2021-2028 The Plastic Additives industry forecast provides valuable information related to key drivers, restraints, and opportunities, allowing businesses to make informed decisions about their strategies and investments. The Plastic Additives Market report provides essential data, statistics, and trends to businesses worldwide. Source: https://www.fortunebusinessinsights.com/plastic-additives-market-104448
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  • Antimicrobial Packaging Market Size, Share, Business Analysis, Growth Factors, and Regional Forecast up to 2030. This research contains in-depth information on emerging trends, Market drivers, development opportunities, and Market restraints that have the potential to affect the dynamics of the Antimicrobial Packaging Market. The study assesses the Market size of the global Antimicrobial Packaging Market and examines the key international players’ approach trends.

    Source: https://www.fortunebusinessinsights.com/antimicrobial-packaging-market-102726
    Antimicrobial Packaging Market Size, Share, Business Analysis, Growth Factors, and Regional Forecast up to 2030. This research contains in-depth information on emerging trends, Market drivers, development opportunities, and Market restraints that have the potential to affect the dynamics of the Antimicrobial Packaging Market. The study assesses the Market size of the global Antimicrobial Packaging Market and examines the key international players’ approach trends. Source: https://www.fortunebusinessinsights.com/antimicrobial-packaging-market-102726
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  • The Anhydrous Hydrogen Fluoride Market report provides essential data, statistics, and trends to businesses worldwide. The global anhydrous hydrogen fluoride market is projected to grow from $2.55 billion in 2022 to $3.60 billion by 2029, at a CAGR of 5.1% in the forecast period. The Anhydrous Hydrogen Fluoride industry forecast provides valuable information related to key drivers, restraints, and opportunities, allowing businesses to make informed decisions about their strategies and investments.

    Source: https://www.fortunebusinessinsights.com/anhydrous-hydrogen-fluoride-ahf-market-103035
    The Anhydrous Hydrogen Fluoride Market report provides essential data, statistics, and trends to businesses worldwide. The global anhydrous hydrogen fluoride market is projected to grow from $2.55 billion in 2022 to $3.60 billion by 2029, at a CAGR of 5.1% in the forecast period. The Anhydrous Hydrogen Fluoride industry forecast provides valuable information related to key drivers, restraints, and opportunities, allowing businesses to make informed decisions about their strategies and investments. Source: https://www.fortunebusinessinsights.com/anhydrous-hydrogen-fluoride-ahf-market-103035
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  • Bioplastics Market Size , Share, Growth Global Demand, Analysis and Forecast Period 2028
    The global bioplastics market size is expected to experience exponential growth by reaching USD 15,552.3 million by 2028 while exhibiting a CAGR of 10.7% between 2021 and 2028. Fortune Business Insights in its latest report, titled, “Bioplastics Market, 2021-2028.”, mentions that the market stood at USD 7,043.9 million in 2020. Factors such as the increasing demand for eco-friendly plastics across packaging industry and the rising concerns over non-degradable plastic waste are expected to drive the product’s demand in the forthcoming years.

    Postponement of Green Investment by Government amid COVID-19 to Hamper Growth

    According to Capgemini Research Institute, out of the 300 large energy companies surveyed in October 2020, 37% planned to postpone investments in low-carbon projects and infrastructure amid the novel coronavirus. The pandemic has dented the growth prospects of several industries across the globe. Postponement or halting of several projects is expected to hamper the growth prospects of the global market.


    What does the Report Include?

    The global market for bioplastics report includes qualitative and quantitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies to announce partnerships, introduce new products, and collaborate to further contribute to the growth of the market between 2021 and 2028. Moreover, the research analyst has adopted several research methodologies to extract information about the current trends and industry developments that will drive the market growth during the forecast period.

    DRIVING FACTORS

    Increasing Demand for Eco-Friendly Plastics to Aid Growth

    According to the data by Clean our Ocean, annually plastic is estimated to kill around millions of marine animals across the globe. The growing concern over plastic disposal is propelling the demand for eco-friendly variants of plastics such as biodegradable ones. The biggest recipient of this type of plastic is the packaging industry. The increasing adoption of environment-friendly plastics that serve as a rigid and flexible packaging option is expected to boost the product’s adoption worldwide. Therefore, the growing concerns over the disposal of non-degradable plastics will contribute to the global bioplastics market growth in the forthcoming years.

    Browse Summary:

    https://www.fortunebusinessinsights.com/industry-reports/bioplastics-market-101940
    Bioplastics Market Size , Share, Growth Global Demand, Analysis and Forecast Period 2028 The global bioplastics market size is expected to experience exponential growth by reaching USD 15,552.3 million by 2028 while exhibiting a CAGR of 10.7% between 2021 and 2028. Fortune Business Insights in its latest report, titled, “Bioplastics Market, 2021-2028.”, mentions that the market stood at USD 7,043.9 million in 2020. Factors such as the increasing demand for eco-friendly plastics across packaging industry and the rising concerns over non-degradable plastic waste are expected to drive the product’s demand in the forthcoming years. Postponement of Green Investment by Government amid COVID-19 to Hamper Growth According to Capgemini Research Institute, out of the 300 large energy companies surveyed in October 2020, 37% planned to postpone investments in low-carbon projects and infrastructure amid the novel coronavirus. The pandemic has dented the growth prospects of several industries across the globe. Postponement or halting of several projects is expected to hamper the growth prospects of the global market. What does the Report Include? The global market for bioplastics report includes qualitative and quantitative analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies to announce partnerships, introduce new products, and collaborate to further contribute to the growth of the market between 2021 and 2028. Moreover, the research analyst has adopted several research methodologies to extract information about the current trends and industry developments that will drive the market growth during the forecast period. DRIVING FACTORS Increasing Demand for Eco-Friendly Plastics to Aid Growth According to the data by Clean our Ocean, annually plastic is estimated to kill around millions of marine animals across the globe. The growing concern over plastic disposal is propelling the demand for eco-friendly variants of plastics such as biodegradable ones. The biggest recipient of this type of plastic is the packaging industry. The increasing adoption of environment-friendly plastics that serve as a rigid and flexible packaging option is expected to boost the product’s adoption worldwide. Therefore, the growing concerns over the disposal of non-degradable plastics will contribute to the global bioplastics market growth in the forthcoming years. Browse Summary: https://www.fortunebusinessinsights.com/industry-reports/bioplastics-market-101940
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    Bioplastics Market Size, Share & Growth | Global Report [2028]
    The global bioplastics market is projected to grow from $7,616.0 million in 2021 to $15,552.3 million in 2028 at a CAGR of 10.7% in forecast period 2021-2028
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  • Acetone Market Size, Share, Industry Analysis, Global Trends, Revenue Analysis and Regional Forecasts, 2021-2028
    The global acetone market is expected to gain momentum from the high demand for petrochemicals and chemicals from several end-use industries. This information is given by Fortune Business Insights™ in a new study, titled, “Acetone Market Size, Share & COVID-19 Impact Analysis and Regional Forecast, 2020-2027.” The study further mentions that the acetone market size was USD 3,962.0 million in 2019 and is projected to reach USD 4,995.3 million by 2027, exhibiting a CAGR of 3.7% during the forecast period.




    Drivers & Restraints-

    Increasing Manufacturing of Sanitizers and Disinfectants to Drive Growth

    The increasing production of disinfectants and sanitizers worldwide is set to surge the demand for dimethyl ketone as isopropanol is derived from it. Besides, the high popularity of cosmetics and personal care products would aid the acetone market growth throughout the forthcoming years. However, acetone possesses higher initiation energy points and can’t auto-ignite. This may hamper its demand.

    Segment-

    Paints & Coatings Segment to Grow Steadily Fueled by Higher Usage of Solvents

    Based on end-use, the plastic segment earned 33.3% in terms of the global acetone market share in 2019. The paints & coatings segment generated the largest share in 2019 because of the rising usage of solvents in this sector as it can dissolve non-polar and polar substances.

    Regional Insights-

    Easy Availability of Raw Materials to Favor Growth in Asia Pacific

    In 2019, Asia Pacific held USD 1,739.2 million in terms of revenue. This growth is attributable to the lower labor cost and easy availability of raw materials in emerging countries, such as India and China. Dimethyl ketone is extensively used in numerous manufacturing processes as an industrial solvent in the region.

    North America, on the other hand, is anticipated to grow considerably backed by the increasing research and development activities in the electronics sector. It would further surge the demand for Bisphenol A. The presence of large chemical industries in the U.K., Italy, and Germany would propel growth in Europe.

    Browse Summary:

    https://www.fortunebusinessinsights.com/acetone-market-104446
    Acetone Market Size, Share, Industry Analysis, Global Trends, Revenue Analysis and Regional Forecasts, 2021-2028 The global acetone market is expected to gain momentum from the high demand for petrochemicals and chemicals from several end-use industries. This information is given by Fortune Business Insights™ in a new study, titled, “Acetone Market Size, Share & COVID-19 Impact Analysis and Regional Forecast, 2020-2027.” The study further mentions that the acetone market size was USD 3,962.0 million in 2019 and is projected to reach USD 4,995.3 million by 2027, exhibiting a CAGR of 3.7% during the forecast period. Drivers & Restraints- Increasing Manufacturing of Sanitizers and Disinfectants to Drive Growth The increasing production of disinfectants and sanitizers worldwide is set to surge the demand for dimethyl ketone as isopropanol is derived from it. Besides, the high popularity of cosmetics and personal care products would aid the acetone market growth throughout the forthcoming years. However, acetone possesses higher initiation energy points and can’t auto-ignite. This may hamper its demand. Segment- Paints & Coatings Segment to Grow Steadily Fueled by Higher Usage of Solvents Based on end-use, the plastic segment earned 33.3% in terms of the global acetone market share in 2019. The paints & coatings segment generated the largest share in 2019 because of the rising usage of solvents in this sector as it can dissolve non-polar and polar substances. Regional Insights- Easy Availability of Raw Materials to Favor Growth in Asia Pacific In 2019, Asia Pacific held USD 1,739.2 million in terms of revenue. This growth is attributable to the lower labor cost and easy availability of raw materials in emerging countries, such as India and China. Dimethyl ketone is extensively used in numerous manufacturing processes as an industrial solvent in the region. North America, on the other hand, is anticipated to grow considerably backed by the increasing research and development activities in the electronics sector. It would further surge the demand for Bisphenol A. The presence of large chemical industries in the U.K., Italy, and Germany would propel growth in Europe. Browse Summary: https://www.fortunebusinessinsights.com/acetone-market-104446
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    Acetone Market Size, Growth Rate, Industry Share | Global Report, 2030
    The global acetone market size was $3,962.0 Mn in 2019 and is projected to reach $4,995.3 Mn by 2027, exhibiting a CAGR of 3.7% during the forecast period.
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  • Whey Protein Market Share, Trend, Industry News, Growth by Forecast to 2029

    The global whey protein market size was USD 10.26 billion in 2021. The market is expected to grow from USD 11.0 billion in 2022 to USD 18.12 billion by 2029, exhibiting a CAGR of 7.4% during the forecast period. Increasing consumer awareness regarding a healthy diet and strong demand for premium products may foster industry development. Fortune Business Insights™ presents this information in its report titled “Whey Protein Market, 2022-2029.”

    Rising consumer awareness regarding a healthy diet is expected to boost the product demand among consumers. Further, growing innovations in protein manufacturing containing several amino acids may increase the product’s adoption. Moreover, robust demand for premium products may facilitate the product demand. In addition, the strong demand for premium products across the personal care industry is expected to propel industry development during the upcoming years.



    List of Key Players Profiled in the Report

    Hilmar Cheese Company, Inc. (U.S.)
    Saputo Inc. (Canada)
    Glanbia plc (Ireland)
    Fonterra Co-operative Group Ltd. (New Zealand)
    Arla Foods (Denmark)
    Alpavit (Germany)
    Wheyco GmbH (Germany)
    Milk Specialties (U.S.)
    Carbery Group (Ireland)
    LACTALIS Ingredients (France)
    Browse In-depth Summary of This Research Insight:

    https://www.fortunebusinessinsights.com/whey-protein-market-106555
    Segments

    By type, it is segmented into isolates, concentrates, and others. Based on application, it is classified into animal feed, food and beverages, and others. Geographically, it is clubbed into North America, Europe, Asia Pacific, South America, and the Middle East & Africa.

    Report Coverage

    The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players.

    Drivers and Restraints

    Strong Demand for Protein-Rich Diet to Nurture Industry Progress

    The rising demand for a protein-rich diet is expected to foster the demand for whey protein. The rising popularity of ready-to-cook meals and packaged foods leads to high-quality protein foods. Further, growing chronic illnesses are expected to boost the demand for the product from the population. Also, the rising per-capita spending and adoption of healthy lifestyles may bolster the product’s consumption. In addition, the rising demand for sports supplements from athletes and gym enthusiasts can drive the whey protein market growth.

    However, the strong demand for plant-based protein may hinder the market’s progress in the coming years.

    Regional Insights

    Rising Awareness Regarding Easy Usability and Convenience to Boost Growth in North America

    North America is expected to dominate the whey protein market share due to rising awareness regarding easy usability and convenience. The market in North America stood at USD 3.73 billion in 2021 and is expected to gain a huge portion of the global market share. Further, evolving consumer preferences and tastes may boost the product demand. These factors may propel industry growth.

    In Europe, increasing trends of preventive healthcare, rising emphasis on healthy living, and growing demand for protein supplements may foster the product’s demand. In addition, the adoption of proteins in naturally and synthetically derived foods may propel market growth.

    In Asia Pacific, the rising domestic demand and exports for dairy-based products, such as whey and casein, may foster market development.

    Competitive Landscape

    Companies Announce Acquisition Strategies to Reinforce their Stance

    Prominent companies operating in the market announce acquisition strategies to reinforce their market position globally. For example, Saputo Inc. declared two acquisitions in the value-added and dairy alternatives segment. The company invested nearly USD 146.94 million and acquired Wisconsin Specialty Protein, LLC’s Reedsburg facility. It produces value-added ingredients such as whey, goat, organic lactose, and others. This acquisition may enable the company to reinforce its market stance globally. Furthermore, companies adopt product launches, mergers, partnerships, and research and development strategies to boost their annual revenues.

    Industry Development

    May 2021: Hilmar Cheese Company announced strategies for developing a new top-of-the-line whey protein and cheese processing plant in the U.S.
    Whey Protein Market Share, Trend, Industry News, Growth by Forecast to 2029 The global whey protein market size was USD 10.26 billion in 2021. The market is expected to grow from USD 11.0 billion in 2022 to USD 18.12 billion by 2029, exhibiting a CAGR of 7.4% during the forecast period. Increasing consumer awareness regarding a healthy diet and strong demand for premium products may foster industry development. Fortune Business Insights™ presents this information in its report titled “Whey Protein Market, 2022-2029.” Rising consumer awareness regarding a healthy diet is expected to boost the product demand among consumers. Further, growing innovations in protein manufacturing containing several amino acids may increase the product’s adoption. Moreover, robust demand for premium products may facilitate the product demand. In addition, the strong demand for premium products across the personal care industry is expected to propel industry development during the upcoming years. List of Key Players Profiled in the Report Hilmar Cheese Company, Inc. (U.S.) Saputo Inc. (Canada) Glanbia plc (Ireland) Fonterra Co-operative Group Ltd. (New Zealand) Arla Foods (Denmark) Alpavit (Germany) Wheyco GmbH (Germany) Milk Specialties (U.S.) Carbery Group (Ireland) LACTALIS Ingredients (France) Browse In-depth Summary of This Research Insight: https://www.fortunebusinessinsights.com/whey-protein-market-106555 Segments By type, it is segmented into isolates, concentrates, and others. Based on application, it is classified into animal feed, food and beverages, and others. Geographically, it is clubbed into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Report Coverage The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players. Drivers and Restraints Strong Demand for Protein-Rich Diet to Nurture Industry Progress The rising demand for a protein-rich diet is expected to foster the demand for whey protein. The rising popularity of ready-to-cook meals and packaged foods leads to high-quality protein foods. Further, growing chronic illnesses are expected to boost the demand for the product from the population. Also, the rising per-capita spending and adoption of healthy lifestyles may bolster the product’s consumption. In addition, the rising demand for sports supplements from athletes and gym enthusiasts can drive the whey protein market growth. However, the strong demand for plant-based protein may hinder the market’s progress in the coming years. Regional Insights Rising Awareness Regarding Easy Usability and Convenience to Boost Growth in North America North America is expected to dominate the whey protein market share due to rising awareness regarding easy usability and convenience. The market in North America stood at USD 3.73 billion in 2021 and is expected to gain a huge portion of the global market share. Further, evolving consumer preferences and tastes may boost the product demand. These factors may propel industry growth. In Europe, increasing trends of preventive healthcare, rising emphasis on healthy living, and growing demand for protein supplements may foster the product’s demand. In addition, the adoption of proteins in naturally and synthetically derived foods may propel market growth. In Asia Pacific, the rising domestic demand and exports for dairy-based products, such as whey and casein, may foster market development. Competitive Landscape Companies Announce Acquisition Strategies to Reinforce their Stance Prominent companies operating in the market announce acquisition strategies to reinforce their market position globally. For example, Saputo Inc. declared two acquisitions in the value-added and dairy alternatives segment. The company invested nearly USD 146.94 million and acquired Wisconsin Specialty Protein, LLC’s Reedsburg facility. It produces value-added ingredients such as whey, goat, organic lactose, and others. This acquisition may enable the company to reinforce its market stance globally. Furthermore, companies adopt product launches, mergers, partnerships, and research and development strategies to boost their annual revenues. Industry Development May 2021: Hilmar Cheese Company announced strategies for developing a new top-of-the-line whey protein and cheese processing plant in the U.S.
    WWW.FORTUNEBUSINESSINSIGHTS.COM
    Whey Protein Market Size, Share & Growth Report [2022-2029]
    The global whey protein market is projected to grow from $11.0 billion in 2022 to $18.12 billion by 2029, at a CAGR of 7.4% in forecast period, 2022-2029
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