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World - Whey - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Jul 2, 2024

World - Whey - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Jul 2, 2024

The Largest Import Markets for Whey

Whey is a valuable byproduct of the dairy industry that has gained popularity in various sectors, including food and beverage, dietary supplements, and animal feed. As the demand for whey continues to rise, countries around the world are importing significant amounts of this protein-rich product. According to the latest data from IndexBox platform, the top 10 countries by import value of whey in 2023 are as follows:

1. China - $839.5 Million

China leads the way as the world's largest import market for whey, with an import value of $839.5 million in 2023. The country's growing middle class and increasing demand for dairy products have driven the import of whey for use in a variety of applications.

2. Netherlands - $462.0 Million

The Netherlands is a key player in the global whey market, importing $462.0 million worth of whey in 2023. The country's strategic location and well-established dairy industry make it a significant hub for whey imports.

3. Indonesia - $216.4 Million

Indonesia is another major importer of whey, with an import value of $216.4 million in 2023. The country's growing population and rising disposable incomes have contributed to the increasing demand for dairy products, including whey.

4. Germany - $186.9 Million

Germany is a leading importer of whey, with an import value of $186.9 million in 2023. The country's strong food and beverage industry and focus on high-quality dairy products have fueled the demand for whey imports.

5. France - $141.8 Million

France imports $141.8 million worth of whey in 2023, making it one of the top import markets for this dairy product. The country's renowned dairy sector and culinary culture drive the demand for whey in various applications.

6. Denmark - $112.3 Million

Denmark is a significant importer of whey, with an import value of $112.3 million in 2023. The country's strong dairy industry and reputation for high-quality products make it a key player in the global whey market.

7. Japan - $103.1 Million

Japan imports $103.1 million worth of whey in 2023, reflecting the country's demand for dairy products and protein-rich ingredients. The growing popularity of whey-based products in Japan has driven the import of this versatile ingredient.

8. Malaysia - $98.6 Million

Malaysia is a significant importer of whey, with an import value of $98.6 million in 2023. The country's diverse food and beverage industry and growing interest in health and wellness products have contributed to the demand for whey imports.

9. Thailand - $92.2 Million

Thailand imports $92.2 million worth of whey in 2023, making it a key player in the global whey market. The country's expanding food and beverage sector and increasing consumer demand for dairy products drive the import of whey.

10. United Kingdom - $91.3 Million

The United Kingdom rounds out the top 10 import markets for whey, with an import value of $91.3 million in 2023. The country's well-developed dairy industry and diverse food sector contribute to the demand for whey imports.

Overall, these top import markets for whey demonstrate the growing global demand for this versatile ingredient and highlight the importance of whey in various industries. With increasing consumer interest in dairy products and protein-rich ingredients, the import of whey is expected to continue to rise in the coming years.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global whey market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 890 - Whey, Condensed
  • FCL 900 - Dry Whey

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Hilmar Cheese Company, Arla Foods Ingredients Group P/S, Lactalis Ingredients, Royal FrieslandCampina, Fonterra Co-operative Group Ltd., Glanbia plc, Devondale Murray Goulburn, Euroserum, Davisco Foods, Meggle Food Systems

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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