Market Size of Canada Whey Protein Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.70 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Canada Whey Protein Market Analysis
The Canada whey protein market is expected to register a CAGR of 4.7% during the forecast period (2022 - 2027).
The consumption of the protein-rich diet increased during the COVID-19 pandemic, as consumers started to consume more of those food and beverage, which had high nutritional claims, so as to keep their overall health in check. Therefore, this factor derived the revenue for whey protein ingredients in the Canadian market during the COVID-19 pandemic.
The rising awareness about healthy living among the population especially among obese and overweight residents is maintaining the steady demand for whey protein across various segments of the food industry.
Growing health consciousness has led to an increased demand for functional beverages and supplements. Consumers nowadays prefer healthy food and fortified food products, as a result of which, the whey protein market is witnessing a surge in the country.
