Product Code: ETC187901 | Publication Date: May 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Philippines Whey Protein market currently, in 2023, has witnessed an HHI of 1185, Which has decreased slightly as compared to the HHI of 1302 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Philippines whey protein market was valued at US$ 111 million in 2025 and is expected to reach US$ 153 million, registering a CAGR of 7%. Increasing consumption amongst young population looking forward gain muscle mass or maintain strong body built along with growing awareness about fitness regimes are key factors driving positive outlook for whey protein usage amongst Filipino consumers over projected time frame. Moreover rising disposable income levels which allows people purchase supplements containing high quality proteins instead of opting for low cost alternatives would further contribute positively towards overall revenue generation from this segment.
The Philippines whey protein market is driven by several factors that contribute to its growth and adoption. The increasing awareness about the importance of protein in promoting muscle health, weight management, and overall wellness has driven the demand for whey protein supplements among fitness enthusiasts and health-conscious individuals. The versatility of whey protein in various applications, including protein shakes, bars, and functional foods, has further expanded its use. The food industry`s focus on incorporating protein-rich ingredients in product formulations has contributed to the demand for whey protein. Additionally, the innovation of flavored and fortified whey protein products has driven market growth.
In the Philippines whey protein market, challenges arise from ensuring the purity and quality of whey protein supplements. The presence of contaminants and variations in protein content can impact consumer trust. Moreover, price sensitivity and competition from alternative protein sources pose challenges in convincing consumers of the value proposition of whey protein.
The Philippines whey protein market experienced changes driven by the COVID-19 pandemic. With disruptions in the fitness and health sector and shifts in consumer behavior, the demand for whey protein faced challenges. The closure of gyms and reduced sports activities impacted the demand for protein supplements among fitness enthusiasts. However, the increased focus on home workouts and health-conscious living led to sustained demand for whey protein products. Manufacturers and suppliers had to adapt by enhancing their online presence and marketing efforts to target consumers seeking to maintain their fitness routines at home. Supply chain disruptions posed challenges in sourcing raw materials for whey protein production. Despite these challenges, the Philippines whey protein market responded by addressing changing consumer preferences and emphasizing the role of whey protein in supporting fitness goals and overall well-being.
Key players in the Philippines whey protein market contribute to providing protein supplements derived from whey, a byproduct of cheese production. Companies like WheyPro Brands, ProteinCrafters Inc., and NutriWhey Protein Producers play a significant role in offering whey protein products that cater to fitness enthusiasts and those seeking dietary protein sources.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Whey Protein Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Whey Protein Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Whey Protein Market - Industry Life Cycle |
3.4 Philippines Whey Protein Market - Porter's Five Forces |
3.5 Philippines Whey Protein Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Whey Protein Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Whey Protein Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Whey Protein Market Trends |
6 Philippines Whey Protein Market, By Types |
6.1 Philippines Whey Protein Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Whey Protein Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Philippines Whey Protein Market Revenues & Volume, By Whey Protein Isolates, 2021-2031F |
6.1.4 Philippines Whey Protein Market Revenues & Volume, By Whey Protein Concentrates, 2021-2031F |
6.1.5 Philippines Whey Protein Market Revenues & Volume, By Whey Protein Hydrolysates, 2021-2031F |
6.2 Philippines Whey Protein Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Whey Protein Market Revenues & Volume, By Nutritional Supplements, 2021-2031F |
6.2.3 Philippines Whey Protein Market Revenues & Volume, By Personal Care, 2021-2031F |
6.2.4 Philippines Whey Protein Market Revenues & Volume, By Food & Beverages, 2021-2031F |
6.2.5 Philippines Whey Protein Market Revenues & Volume, By Animal Feed & Pet Food, 2021-2031F |
7 Philippines Whey Protein Market Import-Export Trade Statistics |
7.1 Philippines Whey Protein Market Export to Major Countries |
7.2 Philippines Whey Protein Market Imports from Major Countries |
8 Philippines Whey Protein Market Key Performance Indicators |
9 Philippines Whey Protein Market - Opportunity Assessment |
9.1 Philippines Whey Protein Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Whey Protein Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Whey Protein Market - Competitive Landscape |
10.1 Philippines Whey Protein Market Revenue Share, By Companies, 2024 |
10.2 Philippines Whey Protein Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |