APO RESEARCH · REPORT
Whey
Whey is the watery liquid that remains after the coagulation of the casein proteins in cheese making. Whey contains most of the lactose and about 20% of the protein in milk. It is mainly consisted of lactose, proteins and minerals.
Product & engineering
Understand the product.
Whey is the watery liquid that remains after the coagulation of the casein proteins in cheese making. Whey contains most of the lactose and about 20% of the protein in milk. It is mainly consisted of lactose, proteins and minerals.
Selected research
Industry Research
Whey Industry Research Report 2026
Market perspective
Whey is the watery liquid that remains after the coagulation of the casein proteins in cheese making. Whey contains most of the lactose and about 20% of the protein in milk. It is mainly consisted of lactose, proteins and minerals.
Global Whey key players include Arla Foods, Lactalis Ingredients, Euroserum, Leprino Foods Company, Hilmar Cheese Company, Fonterra, Glanbia Nutritionals, Friesl and Campina, Bongrain Group, Saputo Ingredients, etc. Global top ten manufacturers hold a share over 15%.
Europe is the largest market, with a share over 55%, followed by US and Oceania, both have a share about 35%.
Read the full market overview
In terms of product, Sweet whey is the largest segment, with a share over 55%. And in terms of application, the largest application is Food, followed by Feed, etc.
Report Scope
This report quantifies the global Whey market in terms of revenue (US$ million) and, where applicable, sales volume (K MT), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of Types and Applications, harmonizes vendor attribution, and presents comparable time series by company, Type, Application, and region/country, including indicative price bands (US$/K MT) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for brand owners, manufacturers, retailers, channel partners, and investors; data are structured with consistent units and fields to facilitate integration into internal FP&A and BI systems.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Whey Market by Company
Euroserum
FrieslandCampina
Lactalis Ingredients
Hilmar Cheese Company
DMK
Arla Foods
Fonterra
Volac
Leprino Foods Company
Saputo Ingredients
Davisco Foods
Agropur
Glanbia Nutritionals
Devondale Murray Goulburn
Swiss Valley Farms
Sachsenmilch Leppersdorf
Valio
Bongrain Group
Associated Milk Producers
Carbery
Land O'Lakes
Brewster Cheese Company
MILEI
Dairygold Co-Operative Society
DOC Kaas
Whey Segment by Type
Acid Whey
Sweet Whey
Demineralized Whey
Non-Demineralized Whey
Whey Segment by Application
Pharma
Nutrition
Health Care
Personal Care
Food
Feed
Whey Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Whey market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Whey and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Whey.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc.), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Whey manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Whey by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Whey in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Acid Whey
- Sweet Whey
- Demineralized Whey
- Non-Demineralized Whey
Applications
- Pharma
- Nutrition
- Health Care
- Personal Care
- Food
- Feed
Companies covered
- Euroserum
- FrieslandCampina
- Lactalis Ingredients
- Hilmar Cheese Company
- DMK
- Arla Foods
- Fonterra
- Volac
- Leprino Foods Company
- Saputo Ingredients
- Davisco Foods
- Agropur
- Glanbia Nutritionals
- Devondale Murray Goulburn
- Swiss Valley Farms
- Sachsenmilch Leppersdorf
- Valio
- Bongrain Group
- Associated Milk Producers
- Carbery
- Land O'Lakes
- Brewster Cheese Company
- MILEI
- Dairygold Co-Operative Society
- DOC Kaas
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Global Market Growth Prospects
- 2.2.1 Global Whey Market Size (2021-2032)
- 2.2.2 Global Whey Sales (2021-2032)
- 2.2.3 Global Whey Market Average Price (2021-2032)
- 2.3 Whey by Type
- 2.3.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Acid Whey
- 2.3.3 Sweet Whey
- 2.3.4 Demineralized Whey
- 2.3.5 Non-Demineralized Whey
- 2.4 Whey by Application
- 2.4.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.4.2 Pharma
- 2.4.3 Nutrition
- 2.4.4 Health Care
- 2.4.5 Personal Care
- 2.4.6 Food
- 2.4.7 Feed
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Whey Market Competitive Situation by Manufacturers (2021 Versus 2025)
- 3.2 Global Whey Sales (K MT) of Manufacturers (2021-2026)
- 3.3 Global Whey Revenue of Manufacturers (2021-2026)
- 3.4 Global Whey Average Price by Manufacturers (2021-2026)
- 3.5 Global Whey Industry Ranking, 2024 VS 2025 VS 2026
- 3.6 Global Manufacturers of Whey, Manufacturing Sites & Headquarters
- 3.7 Global Manufacturers of Whey, Product Type & Application
- 3.8 Global Manufacturers of Whey, Established Date
- 3.9 Global Whey Market CR5 and HHI
- 3.10 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Euroserum
- 4.1.1 Euroserum Company Information
- 4.1.2 Euroserum Business Overview
- 4.1.3 Euroserum Whey Sales, Revenue and Gross Margin (2021-2026)
- 4.1.4 Euroserum Whey Product Portfolio
- 4.1.5 Euroserum Recent Developments
- 4.2 FrieslandCampina
- 4.2.1 FrieslandCampina Company Information
- 4.2.2 FrieslandCampina Business Overview
- 4.2.3 FrieslandCampina Whey Sales, Revenue and Gross Margin (2021-2026)
- 4.2.4 FrieslandCampina Whey Product Portfolio
- 4.2.5 FrieslandCampina Recent Developments
- 4.3 Lactalis Ingredients
- 4.3.1 Lactalis Ingredients Company Information
- 4.3.2 Lactalis Ingredients Business Overview
- 4.3.3 Lactalis Ingredients Whey Sales, Revenue and Gross Margin (2021-2026)
- 4.3.4 Lactalis Ingredients Whey Product Portfolio
- 4.3.5 Lactalis Ingredients Recent Developments
- 4.4 Hilmar Cheese Company
- 4.4.1 Hilmar Cheese Company Company Information
- 4.4.2 Hilmar Cheese Company Business Overview
- 4.4.3 Hilmar Cheese Company Whey Sales, Revenue and Gross Margin (2021-2026)
- 4.4.4 Hilmar Cheese Company Whey Product Portfolio
- 4.4.5 Hilmar Cheese Company Recent Developments
- 4.5 DMK
- 4.5.1 DMK Company Information
- 4.5.2 DMK Business Overview
- 4.5.3 DMK Whey Sales, Revenue and Gross Margin (2021-2026)
- 4.5.4 DMK Whey Product Portfolio
- 4.5.5 DMK Recent Developments
- 4.6 Arla Foods
- 4.6.1 Arla Foods Company Information
- 4.6.2 Arla Foods Business Overview
- 4.6.3 Arla Foods Whey Sales, Revenue and Gross Margin (2021-2026)
- 4.6.4 Arla Foods Whey Product Portfolio
- 4.6.5 Arla Foods Recent Developments
- 4.7 Fonterra
- 4.7.1 Fonterra Company Information
- 4.7.2 Fonterra Business Overview
- 4.7.3 Fonterra Whey Sales, Revenue and Gross Margin (2021-2026)
- 4.7.4 Fonterra Whey Product Portfolio
- 4.7.5 Fonterra Recent Developments
- 4.8 Volac
- 4.8.1 Volac Company Information
- 4.8.2 Volac Business Overview
- 4.8.3 Volac Whey Sales, Revenue and Gross Margin (2021-2026)
- 4.8.4 Volac Whey Product Portfolio
- 4.8.5 Volac Recent Developments
- 4.9 Leprino Foods Company
- 4.9.1 Leprino Foods Company Company Information
- 4.9.2 Leprino Foods Company Business Overview
- 4.9.3 Leprino Foods Company Whey Sales, Revenue and Gross Margin (2021-2026)
- 4.9.4 Leprino Foods Company Whey Product Portfolio
- 4.9.5 Leprino Foods Company Recent Developments
- 4.10 Saputo Ingredients
- 4.10.1 Saputo Ingredients Company Information
- 4.10.2 Saputo Ingredients Business Overview
- 4.10.3 Saputo Ingredients Whey Sales, Revenue and Gross Margin (2021-2026)
- 4.10.4 Saputo Ingredients Whey Product Portfolio
- 4.10.5 Saputo Ingredients Recent Developments
- 4.11 Davisco Foods
- 4.11.1 Davisco Foods Company Information
- 4.11.2 Davisco Foods Business Overview
- 4.11.3 Davisco Foods Whey Sales, Revenue and Gross Margin (2021-2026)
- 4.11.4 Davisco Foods Whey Product Portfolio
- 4.11.5 Davisco Foods Recent Developments
- 4.12 Agropur
- 4.12.1 Agropur Company Information
- 4.12.2 Agropur Business Overview
- 4.12.3 Agropur Whey Sales, Revenue and Gross Margin (2021-2026)
- 4.12.4 Agropur Whey Product Portfolio
- 4.12.5 Agropur Recent Developments
- 4.13 Glanbia Nutritionals
- 4.13.1 Glanbia Nutritionals Company Information
- 4.13.2 Glanbia Nutritionals Business Overview
- 4.13.3 Glanbia Nutritionals Whey Sales, Revenue and Gross Margin (2021-2026)
- 4.13.4 Glanbia Nutritionals Whey Product Portfolio
- 4.13.5 Glanbia Nutritionals Recent Developments
- 4.14 Devondale Murray Goulburn
- 4.14.1 Devondale Murray Goulburn Company Information
- 4.14.2 Devondale Murray Goulburn Business Overview
- 4.14.3 Devondale Murray Goulburn Whey Sales, Revenue and Gross Margin (2021-2026)
- 4.14.4 Devondale Murray Goulburn Whey Product Portfolio
- 4.14.5 Devondale Murray Goulburn Recent Developments
- 4.15 Swiss Valley Farms
- 4.15.1 Swiss Valley Farms Company Information
- 4.15.2 Swiss Valley Farms Business Overview
- 4.15.3 Swiss Valley Farms Whey Sales, Revenue and Gross Margin (2021-2026)
- 4.15.4 Swiss Valley Farms Whey Product Portfolio
- 4.15.5 Swiss Valley Farms Recent Developments
- 4.16 Sachsenmilch Leppersdorf
- 4.16.1 Sachsenmilch Leppersdorf Company Information
- 4.16.2 Sachsenmilch Leppersdorf Business Overview
- 4.16.3 Sachsenmilch Leppersdorf Whey Sales, Revenue and Gross Margin (2021-2026)
- 4.16.4 Sachsenmilch Leppersdorf Whey Product Portfolio
- 4.16.5 Sachsenmilch Leppersdorf Recent Developments
- 4.17 Valio
- 4.17.1 Valio Company Information
- 4.17.2 Valio Business Overview
- 4.17.3 Valio Whey Sales, Revenue and Gross Margin (2021-2026)
- 4.17.4 Valio Whey Product Portfolio
- 4.17.5 Valio Recent Developments
- 4.18 Bongrain Group
- 4.18.1 Bongrain Group Company Information
- 4.18.2 Bongrain Group Business Overview
- 4.18.3 Bongrain Group Whey Sales, Revenue and Gross Margin (2021-2026)
- 4.18.4 Bongrain Group Whey Product Portfolio
- 4.18.5 Bongrain Group Recent Developments
- 4.19 Associated Milk Producers
- 4.19.1 Associated Milk Producers Company Information
- 4.19.2 Associated Milk Producers Business Overview
- 4.19.3 Associated Milk Producers Whey Sales, Revenue and Gross Margin (2021-2026)
- 4.19.4 Associated Milk Producers Whey Product Portfolio
- 4.19.5 Associated Milk Producers Recent Developments
- 4.20 Carbery
- 4.20.1 Carbery Company Information
- 4.20.2 Carbery Business Overview
- 4.20.3 Carbery Whey Sales, Revenue and Gross Margin (2021-2026)
- 4.20.4 Carbery Whey Product Portfolio
- 4.20.5 Carbery Recent Developments
- 4.21 Land O'Lakes
- 4.21.1 Land O'Lakes Company Information
- 4.21.2 Land O'Lakes Business Overview
- 4.21.3 Land O'Lakes Whey Sales, Revenue and Gross Margin (2021-2026)
- 4.21.4 Land O'Lakes Whey Product Portfolio
- 4.21.5 Land O'Lakes Recent Developments
- 4.22 Brewster Cheese Company
- 4.22.1 Brewster Cheese Company Company Information
- 4.22.2 Brewster Cheese Company Business Overview
- 4.22.3 Brewster Cheese Company Whey Sales, Revenue and Gross Margin (2021-2026)
- 4.22.4 Brewster Cheese Company Whey Product Portfolio
- 4.22.5 Brewster Cheese Company Recent Developments
- 4.23 MILEI
- 4.23.1 MILEI Company Information
- 4.23.2 MILEI Business Overview
- 4.23.3 MILEI Whey Sales, Revenue and Gross Margin (2021-2026)
- 4.23.4 MILEI Whey Product Portfolio
- 4.23.5 MILEI Recent Developments
- 4.24 Dairygold Co-Operative Society
- 4.24.1 Dairygold Co-Operative Society Company Information
- 4.24.2 Dairygold Co-Operative Society Business Overview
- 4.24.3 Dairygold Co-Operative Society Whey Sales, Revenue and Gross Margin (2021-2026)
- 4.24.4 Dairygold Co-Operative Society Whey Product Portfolio
- 4.24.5 Dairygold Co-Operative Society Recent Developments
- 4.25 DOC Kaas
- 4.25.1 DOC Kaas Company Information
- 4.25.2 DOC Kaas Business Overview
- 4.25.3 DOC Kaas Whey Sales, Revenue and Gross Margin (2021-2026)
- 4.25.4 DOC Kaas Whey Product Portfolio
- 4.25.5 DOC Kaas Recent Developments
5 Global Whey Market Scenario by Region
- 5.1 Global Whey Market Size by Region: 2021 VS 2025 VS 2032
- 5.2 Global Whey Sales by Region: 2021-2032
- 5.2.1 Global Whey Sales by Region: 2021-2026
- 5.2.2 Global Whey Sales by Region: 2027-2032
- 5.3 Global Whey Revenue by Region: 2021-2032
- 5.3.1 Global Whey Revenue by Region: 2021-2026
- 5.3.2 Global Whey Revenue by Region: 2027-2032
- 5.4 North America Whey Market Facts & Figures by Country
- 5.4.1 North America Whey Market Size by Country: 2021 VS 2025 VS 2032
- 5.4.2 North America Whey Sales by Country (2021-2032)
- 5.4.3 North America Whey Revenue by Country (2021-2032)
- 5.4.4 United States
- 5.4.5 Canada
- 5.4.6 Mexico
- 5.5 Europe Whey Market Facts & Figures by Country
- 5.5.1 Europe Whey Market Size by Country: 2021 VS 2025 VS 2032
- 5.5.2 Europe Whey Sales by Country (2021-2032)
- 5.5.3 Europe Whey Revenue by Country (2021-2032)
- 5.5.4 Germany
- 5.5.5 France
- 5.5.6 U.K.
- 5.5.7 Italy
- 5.5.8 Russia
- 5.5.9 Spain
- 5.5.10 Netherlands
- 5.5.11 Switzerland
- 5.5.12 Sweden
- 5.5.13 Poland
- 5.6 Asia Pacific Whey Market Facts & Figures by Country
- 5.6.1 Asia Pacific Whey Market Size by Country: 2021 VS 2025 VS 2032
- 5.6.2 Asia Pacific Whey Sales by Country (2021-2032)
- 5.6.3 Asia Pacific Whey Revenue by Country (2021-2032)
- 5.6.4 China
- 5.6.5 Japan
- 5.6.6 South Korea
- 5.6.7 India
- 5.6.8 Australia
- 5.6.9 Taiwan
- 5.6.10 Southeast Asia
- 5.7 South America Whey Market Facts & Figures by Country
- 5.7.1 South America Whey Market Size by Country: 2021 VS 2025 VS 2032
- 5.7.2 South America Whey Sales by Country (2021-2032)
- 5.7.3 South America Whey Revenue by Country (2021-2032)
- 5.7.4 Brazil
- 5.7.5 Argentina
- 5.7.6 Chile
- 5.8 Middle East and Africa Whey Market Facts & Figures by Country
- 5.8.1 Middle East and Africa Whey Market Size by Country: 2021 VS 2025 VS 2032
- 5.8.2 Middle East and Africa Whey Sales by Country (2021-2032)
- 5.8.3 Middle East and Africa Whey Revenue by Country (2021-2032)
- 5.8.4 Egypt
- 5.8.5 South Africa
- 5.8.6 Israel
- 5.8.7 Türkiye
- 5.8.8 GCC Countries
6 Segment by Type
- 6.1 Global Whey Sales by Type (2021-2032)
- 6.1.1 Global Whey Sales by Type (2021-2032) & (K MT)
- 6.1.2 Global Whey Sales Market Share by Type (2021-2032)
- 6.2 Global Whey Revenue by Type (2021-2032)
- 6.2.1 Global Whey Sales by Type (2021-2032) & (US$ Million)
- 6.2.2 Global Whey Revenue Market Share by Type (2021-2032)
- 6.3 Global Whey Price by Type (2021-2032)
7 Segment by Application
- 7.1 Global Whey Sales by Application (2021-2032)
- 7.1.1 Global Whey Sales by Application (2021-2032) & (K MT)
- 7.1.2 Global Whey Sales Market Share by Application (2021-2032)
- 7.2 Global Whey Revenue by Application (2021-2032)
- 7.2.1 Global Whey Sales by Application (2021-2032) & (US$ Million)
- 7.2.2 Global Whey Revenue Market Share by Application (2021-2032)
- 7.3 Global Whey Price by Application (2021-2032)
8 Value Chain and Sales Channels Analysis of the Market
- 8.1 Whey Value Chain Analysis
- 8.1.1 Whey Key Raw Materials
- 8.1.2 Raw Materials Key Suppliers
- 8.1.3 Whey Production Mode & Process
- 8.2 Whey Sales Channels Analysis
- 8.2.1 Direct Comparison with Distribution Share
- 8.2.2 Whey Distributors
- 8.2.3 Whey Customers
9 Global Whey Analyzing Market Dynamics
- 9.1 Whey Industry Trends
- 9.2 Whey Industry Drivers
- 9.3 Whey Industry Opportunities and Challenges
- 9.4 Whey Industry Restraints
10 Report Conclusion
11 Disclaimer
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