Whey Market

Whey market: discover newly released information empowered by an Ai-driven BI platform. Data provide companies, market prices, trade, production, imports, market size, exports, and consumption. Here is a split by region, including EU, the U.K., Latin America, Russia, the Middle East, the U.S., China, and Africa. Market dynamics and forecast to 2030 are also featured in the reports.


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Whey - World's Largest Markets

RatingCountry
1United States
2Netherlands
3China
4France
5Australia

In value terms, the United States, the Netherlands and China were the countries with the highest levels of market value in 2021, together comprising 32% of the global market. These countries were followed by France, Australia, Indonesia, Germany, Italy, Canada, the Czech Republic, Belarus, Denmark and Poland, which together accounted for a further 34%.

Among the main consuming countries, Canada (+126.3% per year) saw the highest rates of growth with regard to market size, over the period under review, while whey market for the other global leaders experienced more modest paces of growth.

Whey Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Latvia727337258-40.4%
Belgium22126935326.4%
Denmark19969843347.5%
Turkey6967708319.3%
Italy51661284427.9%
Austria34773686257.6%
Poland10249581010-0.7%
Netherlands123012001107-5.1%
Germany1119109911621.9%
China229514171275-25.5%
Spain9071124137623.2%
France1322132414002.9%
Ireland1540149117978.0%
Average91795510275.8%

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Ireland ($1,797 per ton), while Latvia ($258 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+57.6% per year), while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Mexico10421203165926.2%
Indonesia1295133813150.8%
China132613011311-0.6%
Belgium913957123516.3%
Thailand124711201177-2.8%
Malaysia115911401150-0.4%
Netherlands809852102712.7%
France545854102236.9%
Italy859867833-1.5%
Poland6437106742.4%
Denmark696577587-8.2%
Germany36338844410.6%
Lithuania1711872059.5%
Average92799710275.3%

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Mexico ($1,659 per ton), while Lithuania ($205 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by France, while the other global leaders experienced more modest paces of growth.

Whey - Top Importers

COUNTRY201920202021CAGR,
2019-2021
billion USD
China0.60.80.78.5%
Netherlands0.40.40.614.5%
Germany0.20.20.27.8%
France0.10.20.222.4%
Indonesia0.20.20.2-3.1%

In value terms, the largest whey importing markets worldwide were China ($704M), the Netherlands ($551M) and Germany ($245M), together comprising 44% of global imports. France, Indonesia, Denmark, Belgium, Malaysia, Mexico, Thailand, Italy, Poland and Lithuania lagged somewhat behind, together comprising a further 28%.

In terms of the main importing countries, Lithuania (+60.4% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Whey - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
billion USD
Germany0.50.50.613.9%
France0.40.40.55.6%
Netherlands0.20.30.319.9%
China0.0003641750.0005454530.32686.4%
Italy0.20.20.326.0%

In value terms, Germany ($630M), France ($460M) and the Netherlands ($343M) were the countries with the highest levels of exports in 2021, together accounting for 42% of global exports. China, Italy, Ireland, Poland, Turkey, Austria, Denmark, Spain, Belgium and Latvia lagged somewhat behind, together accounting for a further 43%.

Among the main exporting countries, China (+2,686.4% per year) recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Whey - Market Forecast

Driven by increasing demand for whey worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Whey - Top Companies

Nestlé Suisse S.A., NAMIBIA DAIRIES PTY LTD, Mondelez International, Inc., FONTERRA CO-OPERATIVE GROUP LIMITED, Nestle Holdings, Inc., Kraft Heinz Foods Company, Saputo Inc, Saputo Cheese USA Inc., Saputo Dairy Foods Usa, LLC, KING ISLAND DAIRY PTY LTD, FROMAGERIES BEL, Mead Johnson Nutrition Company, CAPITOL CHILLED FOODS (AUSTRALIA) PTY. LIMITED, Käserei Studer AG, FDS Fromagerie de Saignelégier S.A., Emmi Fondue AG, Fromco S.A. Moudon, Lesa Lataria Engiadinaisa SA, LEPRINO FOODS COMPANY, Tine Sa

Whey - Product Coverage

  • HS 040410 - Dairy produce; whey, whether or not concentrated or containing added sugar or other sweetening matter
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World - Whey - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global whey market.

Latin America and the Caribbean - Whey - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the whey market in Latin America and the Caribbean.

Africa - Whey - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the whey market in Africa.

Eastern Asia - Whey - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the whey market in Eastern Asia.

Northern America - Whey - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the whey market in Northern America.

South-Eastern Asia - Whey - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the whey market in South-Eastern Asia.

Australia and Oceania - Whey - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the whey market in Australia and Oceania.

Southern Asia - Whey - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the whey market in Southern Asia.

Middle East - Whey - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the whey market in the Middle East.

Central Asia - Whey - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the whey market in Central Asia.

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