The Indonesia Whey Protein Market is estimated to grow at a CAGR of around 9% during the forecast period, i.e., 2024-30.
Indonesia Whey Protein Market Driver:
Higher Prevalence of Chronic Diseases Surging the Demand – Indonesia faces a significant burden of illnesses, such as obesity and diabetes due to genetic predisposition & unhealthy eating habits. Based on the statistics by the International Diabetes Federation, as of 2021, there were approximately 19 million diabetic patients, with projections indicating an increase to 23 million by 2030 and 28 million by 2045. These health issues can adversely affect the other vital organs, like the heart.
Therefore, the consumers suffering from these disorders are conscious about their calorie intake. These patients prefer food products, such as Whey Protein that help in reducing glucose levels in the blood and result in better disease management. Following this, the demand for whey protein products in Indonesia is rising, propelling the overall Indonesia Whey Protein Market.
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Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Indonesia Whey Protein Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2023
-Historical Period: 2019 to 2022
-Forecast Period: 2024 to 2030
- By Product Type
- Whey Protein Concentrate (WPC)- Market Size & Forecast 2019-2030, USD Million
- Whey Protein Isolate (WPI)- Market Size & Forecast 2019-2030, USD Million
- Whey Protein Hydrolysate (WPH)- Market Size & Forecast 2019-2030, USD Million
- By Application
- Sports Nutrition- Market Size & Forecast 2019-2030, USD Million
- Food & Beverages- Market Size & Forecast 2019-2030, USD Million
- Dietary Supplements- Market Size & Forecast 2019-2030, USD Million
- Animal Feed- Market Size & Forecast 2019-2030, USD Million
- By Distribution Channel
- Online Stores- Market Size & Forecast 2019-2030, USD Million
- Supermarkets/Hypermarkets- Market Size & Forecast 2019-2030, USD Million
- Pharmacies- Market Size & Forecast 2019-2030, USD Million
- Specialty Stores- Market Size & Forecast 2019-2030, USD Million
- By Region
- Java
- Sumatra
- Kalimantan (Borneo)
- Bali
- Rest of Indonesia
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Fantastic Nutrition, Inc., Glanbia plc, Fonterra Co-Operative Group Limited, Iovate Health Sciences International Inc., Muscle Feast, LLC, BellRing Brands, Inc., Alaya Naturals, Nutrabolt, THG plc, Promix Nutrition, and Others
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