Market Size of North America Dairy Protein Industry
Study Period | 2018 - 2028 |
Base Year For Estimation | 2021 |
Forecast Data Period | 2024 - 2028 |
Historical Data Period | 2018 - 2020 |
CAGR | 6.21 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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North America Dairy Protein Market Analysis
North America Dairy Protein Market is projected to register a CAGR of 6.21%, during the forecast period (2021-2026).
North America is a highly matured market for whey protein, with over 1,000 whey-containing products, entering the market every year. The North America dairy industry can help formulators meet consumer demand for clean labels and day-to-day convenience at production scale. Consumers can easily incorporate whey protein into their diets, by directly combining it with smoothies, yogurt, oatmeal, pasta, and more, to increase their protein consumption throughout the day.
Increasing consumer awareness, especially for functional foods and dietary supplements, has been a major factor for market development in recent times.