The Latin America, Middle East and Africa Whey Protein Market would witness market growth of 12.5% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 12,524.9 tonnes, showcasing a growth of 10.5% (2024-2031).
Sports Nutrition is a significant application in the whey protein market, driven by the increasing demand from athletes, bodybuilders, and fitness enthusiasts for high-quality protein sources to enhance performance and recovery. Whey protein is favored in sports nutrition due to its fast absorption, complete amino acid profile, and ability to support muscle growth, repair, and recovery after intense physical activity. Thus, Saudi Arabia market is expected to be utilize 610.0 tonnes of whey protein in sports nutrition application by the year 2031.
The Brazil market dominated the LAMEA Whey Protein Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $229.6 million by 2031. The Argentina market is showcasing a CAGR of 13.3% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 12.1% during (2024 - 2031).
Whey protein has gained widespread recognition as a highly versatile and nutrient-rich protein source for its role in promoting muscle growth, supporting weight management, and enhancing overall health. Derived from milk during cheese-making, whey protein is a byproduct that was once discarded but is now a valuable commodity in the health and food industries.
Additionally, its rising demand is fueled by a convergence of factors, including growing health consciousness, technological advancements, evolving consumer preferences, and the rapid expansion of e-commerce.
The LAMEA region is progressively establishing itself as a promising market for whey protein, propelled by increasing consumer awareness of its health advantages and a burgeoning demand for high-protein diets. The availability of robust dairy industries in countries like Brazil and South Africa provides a strong foundation for local whey protein production. Additionally, the use of whey protein in traditional and modern recipes and its role in addressing nutritional deficiencies position LAMEA as a key growth area for the market.
Free Valuable Insights: The Worldwide Whey Protein Market is Projected to reach USD 12.55 Billion by 2031, at a CAGR of 10.5%
Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Speciality Stores, Online Stores, and Other Distribution Channels. Based on Type, the market is segmented into Whey Protein Concentrates (WPC), Whey Protein Isolates (WPI), and Whey Protein Hydrolysates (WPH). Based on Application, the market is segmented into Sports Nutrition, Dietary Supplements, Infant Formula, Beverages, and Food & Feed Additives. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By Distribution Channel (Volume, Tonnes, USD Billion, 2020-2031)
By Type (Volume, Tonnes, USD Billion, 2020-2031)
By Application (Volume, Tonnes, USD Billion, 2020-2031)
By Country (Volume, Tonnes, USD Billion, 2020-2031)
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