MarkNtel Advisors recently published a detailed industry analysis of the India Whey Protein Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
India Whey Protein Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
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.
What are the major Driver the India Whey Protein industry?
Growing Role of Whey Protein in Combating Obesity & Protein Deficiency in India – In India, consumers have been observed to be largely inclined toward a sedentary lifestyle and higher consumption of junk foods, which have high calories and fats. This shift in lifestyle has resulted in increased occurrences of obesity across the country. Both obesity and overweight are the causes of danger to health, leading to the development of several diseases like indigestion, heart diseases, diabetes, constipation, and many more. Hence, consumers in India have started focusing on reducing their weight through physical workouts & diet control. Whey protein easily fits into their diets and exercise regimes for effective weight loss and maintaining health in India.
Furthermore, the per-day consumption of protein among Indian individuals is much lower than the 48gm per day consumption suggested by the Indian Council of Medical Research. This is so because the normal Indian diet is found to be very poor in protein and high in carbohydrate content. This abnormality in the Indian diets makes the Indian consumers protein-deficient. Thus, because of increased awareness of the benefits originating from the consumption of protein, the demand for whey protein products is growing, further contributing to the growth of the India Whey Protein Market.
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What segments define the India Whey Protein market from 2024 to 2030? How do these segments contribute to market dynamics and growth?
- By Product Type
- Whey Protein Concentrate (WPC)- Market Size & Forecast 2019-2030, USD Million
- Whey Protein Isolate (WPI)- Market Size & Forecast 2019-2030, USD Million
- Whey Protein Hydrolysate (WPH)- Market Size & Forecast 2019-2030, USD Million
According to report, 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- Market Size & Forecast 2019-2030, USD Million
- Food & Beverages- Market Size & Forecast 2019-2030, USD Million
- Dietary Supplements- Market Size & Forecast 2019-2030, USD Million
- Animal Feed- Market Size & Forecast 2019-2030, USD Million
According to report, The highest market share was occupied by Sports Nutrition in the India Whey Protein Market.
- 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
Explore the Complete India Whey Protein Market Analysis Report –
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Geographical Analysis: India Whey Protein Market
- By Region
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- North
- South
- East
- West
- South
India Whey Protein Market Share & Competitive Landscape:
The India Whey Protein Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry’s leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the India Whey Protein Market are:
- 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.
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India Whey Protein Market Recent Development:
- 2023: Naturell India Pvt. Ltd. launched Max Protein Whey Protein in India.
- 2022: Explosive Whey announced the launch of the first athlete standard whey protein product in India.
Questions Addressed in this Study
1.What factors are driving the India Whey Protein Market growth?
2.How is the India Whey Protein Market expected to grow over the next five years?
3.What are the key insights into the current trends in the India Whey Protein Market?
4.What is the current size of the India Whey Protein Market, and how is it projected to change in the future?
6.What is the future outlook for the India Whey Protein Market in terms of technological advancements and market expansion?
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