Market Overview: India Whey Protein Market FY24-30
This reports provides an essential and dependable overview of the India Whey Protein Market, serving as a guide for stakeholders navigating the industry's future trajectory. It covers critical aspects, guiding through challenges and opportunities, shedding light on the market landscape, key insights, driving forces, major competitors, regulatory framework, potential growth, ongoing trends, supply chain dynamics, evolving policies, segments and prominent players.
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.
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India Whey Protein Market Driver:
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.
India Whey Protein Market Segmentation Analysis - FY24-30
Discover a comprehensive evaluation of every segment and its subdivisions, allowing our clients to gain a deep understanding of the India Whey Protein Market (2024-30). We prioritize uncovering the pivotal factors that presently drive and will shape the industry's growth moving forward. Our goal is to empower our esteemed clients by optimizing their end-user positioning and revenue generation through a thorough analysis of market size, share and all the latest market scope across diverse segmentation categories.
The India Whey Protein Market segmentation is enlisted below:
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
By Distribution Channel
-Online Stores
-Supermarkets/Hypermarkets
-Pharmacies
-Specialty Stores
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By Region
· North
· East
· West
· South
India Whey Protein Market Competitive Landscape
The competitive landscape of a India Whey Protein market involves an extensive analysis of the competitive dynamics within the industry. It comprises assessing key players, rising competitors, their strategies, and the overall competitive structure within the market.
Essential characteristics of the competitive landscape typically encompass:
· Dominant Market Players: Well-established companies or organizations holding substantial market share, boast strong brand recognition, and often offer diverse products or services. They set industry benchmarks and trends.
· Rising Challengers: Newcomers or startups gaining momentum in the market are discussed in this section. These entities might introduce innovative solutions, target niche segments, or challenge established norms with fresh approaches.
· Market Strategies: This includes strategies used by companies to gain an edge. It encompasses technological innovations, customer-centric approaches, pricing strategies, and market positioning.
· Shifting Patterns: This involves analyzing technological advancements, shifts in consumer behavior, and emerging market needs.
· Forthcoming Outlooks: This entails predicting the impact of emerging players, technological advancements, and evolving market demands.
· Collaborative Ventures: This includes joint ventures, mergers, acquisitions, or partnerships aimed at leveraging strengths and resources.
Let us know the Key Companies of the India Whey Protein Market:
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
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Key Report 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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