Market Size of France Whey Protein Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.13 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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France Whey Protein Market Analysis
The France whey protein market is expected to grow from USD 23.6 million in 2023 at a CAGR of 4.13% during the forecast period.
- Whey protein is more in demand as people are becoming more aware of healthier lives and balanced diets. Consumers are becoming more aware of whey protein due to the regular protein supplement recommendations made in fitness and sports clubs for mass gain, strength gain, and weight loss. Additionally, an increasing number of fitness clubs with large training areas, state-of-the-art equipment, and a wide range of sports activities are attracting the young population to stay fit.
- For instance, in February 2022, Berlin's famous and finest fitness club, John Reed, opened its first French club in the So Ouest shopping center in Levallois-Perret, Paris. Such clubs offering courses like spinning, HIIT, body shaping, yoga, pilates, or barre are expected to raise the consumption of whey protein.
- Moreover, increasing innovation in the production of whey protein products that have a wide variety of amino acids that aid in carrying out specific tasks, such as weight loss, energy balancing, muscle repair, and satiety, by various producers is anticipated to create enormous market potential. Furthermore, consumers in the country are also looking for simple recipes made from a few ingredients that are naturally healthy and minimally processed with more transparency and traceability. Hence, manufacturers are keen on launching products with minimal artificial ingredients.
- For instance, in November 2022, Lactalis Ingredients launched a range of instant whey proteins produced with sunflower lecithin. The company claimed that sunflower lecithin is hypoallergenic, sustainable, and does not need to be declared as an allergen. Such developments in the market are expected to increase the need and demand for whey protein in the country during the forecast period.
