Exports rose 11 per cent to $4.65 billion in March compared with the same month a year earlier, and marking the highest monthly level since March 2015, according to Statistics New Zealand. Dairy exports led the rise, with the value lifting 29 per cent, or $250 million, and the volume up 6.4 per cent. The gain in dairy products accounted for over half the total increase for exports in the month, and also marked the sixth consecutive month-on-month increase. Global dairy prices have started to pick up this season as demand and supply come back into balance after record high prices in the 2013/14 season spurred farmers to ramp up production, causing an oversupply which led to two years of weak prices. Exports to China, New Zealand's largest market, jumped 43 per cent in March to $1.08b, as the value of dairy products rose 66 per cent, or $114m, while the quantity rose 39 per cent. "China continues to be our top destination for goods exports, and accounts for a quarter of the total dairy exports value," Stats NZ international statistics manager Tehseen Islam said. "This March, exports to China exceeded $1b for the first March month since 2014." Lamb exports to China also improved, increasing by 86 per cent, or $57m in March. Wool exports to China showed the biggest decline, down by 40 per cent, or $16m. Meanwhile, imports into New Zealand rose 7.6 per cent to $4.32b in March, led by a 35 per cent rise in passenger motor cars. New Zealand had a monthly trade surplus of $332m, or 7.1 per cent of exports.
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EXECUTIVE SUMMARY Whey Protein Ingredients: The Most Sought After Ingredient in Functional Foods and Sports Nutrition Products Whey Protein Offer Nutritional Benefits in Exercise Recovery, Weight Management, Healthy Aging, and Overall Wellness Whey Protein for All Ages Myriad Health and Wellness Benefits of Proteins Drive Widespread Consumption of Whey Protein Ingredients Protein Retains Position as Undisputed Leader in the Ingredients Market Diversification of Protein Whey Protein Ingredients Rides on Protein Popularity Table 1: Major Applications of WPC in Food Industry (includes corresponding Graph/Chart) Whey Proteins: Past, Present, and Future Insights Future Developments in the Whey Market Acid Whey Protection from Negative Impacts of Fat-Rich Diet Strategies to Enhance Demand for Whey Global Market Outlook Emerging Countries Continue to Offer Huge Market Growth Potential 2. COMPETITION Marketplace: Highly Fragmented and Intensely Competitive Leading Whey Protein Brands Summarized Selection Criteria for Whey Protein Powders Noteworthy Whey Protein Powders Worldwide Optimum Nutrition 100% Whey Gold Standard Transparent Labs Protein Series 100% Grass Fed Whey Protein Isolate MuscleTech Phase 8 Nature's Best Zero Carb Isopure CytoSport Muscle Milk Gaspari Nutrition Myofusion Advanced Protein Cellucor COR Performance Whey 3. MARKET TRENDS, ISSUES & DRIVERS Ubiquity of Whey Proteins in Clean Eating and Good Nutrition Drive Healthy Market Growth Whey Protein Transform from a Niche to a Mainstream Status Dairy Replacements: Almond Milk Emerge as the Dominant Dairy Alternative Elimination of Trans-fats from Products Lead to Change in Food Formulations, Augurs Well for the Market Nutrition as an Essential Building Block for Performance Improvement Drive Robust Demand in Sports Nutrition Products Customized Protein Delivery Growing Applications in Food Fortification and Clinical Nutrition Products Boosts Demineralized Whey Powder Consumption Clinical Nutrition Products: A High Potential Segment Infant Formula and Nutritional Supplements Drive Healthy Growth in Demand for Protein Hydrolysate Ingredients Steady Demand for Milk Protein Hydrolysates Rising Use in Nutrient Powders, Supplements, and Powered Baby Foods Infant Formula to Present Huge Opportunities for Protein Hydrolysate Ingredients Table 2: Global Baby Foods and Infant formula Market with Annual Sales Figures in US$ Million for Years 2016, 2018, 2020, and 2022 (includes corresponding Graph/Chart) Table 3: Global Infant Formula Consumption per Birth (Kilograms) by Geographic Region: 2016E (includes corresponding Graph/Chart) Traditional Revenue Contributors Making Way for Asian Super Powers Table 4: Global New Births (in Millions) per Annum by Geographic Region (includes corresponding Graph/Chart) Ingestion of Whey Protein in Fighting 'Sarcopenia' Boosts Demand from the Expanding Aging Demography Demographic Statistics of the Global Aging Populace: Unfurling the Market Potential Read More Table 5: Global Aging Population (in Thousands) by Age Group: 1975-2050 (includes corresponding Graph/Chart) Table 6: Global Population by Age-Group: Percentage Change Over the Period 2010-2050 (includes corresponding Graph/Chart) Whey Protein as an Effective Ingredient for Diabetes Cure Lends Traction to Market Growth Alarming Levels of Diabetes Incidence Worldwide: An Important Opportunity Indicator Table 7: Diabetes Prevalence Worldwide by Region: Number of Adults (20-79 Years) with Diabetes in 2015 and 2040 (includes corresponding Graph/Chart) Growing Demand for Functional Foods & Beverages Augurs Well for Market Expansion High Protein: The Latest Trend in Functional Foods Dairy Ingredients as a High Quality Source of Protein Drive Market Adoption Favorable Research for Further Fractionation of Whey to Create New Business Opportunities Whey Protein Innovations and Advancements: Spearheading Growth Tricellar Whey: Lending Helping Hand to Superior Muscle Gain Whey Protein Weaving Silk Alternate Whey Protein's Shorter and Curvier Nanofibrils to Create Strongest Silk Fiber Surplus Whey Find Better Applications Wheypack Demand for Protein Fortified Products beyond Traditional Customers High Concentrate Whey Proteins Gain Popularity Nano Whey Proteins: Opportunities in Beverage Formulations Focus on Preventive Healthcare Fuels Demand for Whey Protein Fortified Products Increasing Obesity Levels Drive Consumption of Healthy and Whey Protein Rich Diets for Weight Management Table 8: Global Obesity Epidemic: Percentage of Overweight, Obese, and Severely Obese Adults for 2014 & 2025 (includes corresponding Graph/Chart) Table 9: Severely Obese Population (in Thousands) Worldwide by Country: 2014 & 2025 (includes corresponding Graph/Chart) Favorable Demographic and Economic Trends Strengthen Market Prospects Expanding Population Table 10: World Population by Geographic Region (2000-2050) (in Millions) (includes corresponding Graph/Chart) Exponential Increase in Urban Population Select Mega-Urban Regions Worldwide (2035) Table 11: Total Population Worldwide by Urban and Rural Population in Thousands: 1950-2050P (includes corresponding Graph/Chart) Increasing Affluence of the Ballooning Middle Class Population Table 12: Global Middle Class Population (in Millions) and as a Percentage of Total Population: 2005, 2015, 2025 & 2035 (includes corresponding Graph/Chart) Table 13: Global Middle Class Spending (in US$ Trillion) by Region (2015 & 2030F) (includes corresponding Graph/Chart) Will Plant-based Protein Replace Dairy-Based Whey Protein in the Long Term? Whey Protein Powders from Organic Farms to the Rescue Grass Fed-Whey Protein is Superior Because of the Right Mix of Protein Content and Other Nutrients 4. PRODUCT OVERVIEW Table 14: Percentage of Milk Protein (Casein and Whey) in Dairy Cattle (includes corresponding Graph/Chart) Table 15: Absorption Rate of Various Protein Sources Table 16: Whey Protein Concentration and Lactose Content in Various Whey Products Table 17: Whey Protein Value Comparison Composition of Whey Proteins Table 18: Composition of Amino Acids in Whey Powder (in gm/100 gm Protein) (includes corresponding Graph/Chart) Table 19: Whey Protein Composition in Cow's Milk Manufacturing Process of Whey Proteins Classification of Whey Proteins Table 20: Composition of Various Whey Protein Concentrates (WPC) (in %) (includes corresponding Graph/Chart) Whey Protein Isolates (WPI) Table 21: Composition of Whey Protein Isolates (WPI) (in %) Whey Protein Hydrolysates (WPH) Other Derivatives of Whey protein Lactoferrin Application Areas of Whey and Whey Proteins Body Composition and Weight Management Infant Nutrition Parag Milk Foods Introduces Novel 'absolute whey protein' NZMP Introduces a Novel Protein Ingredient Nutrabio to Launch New Flavors of Whey Protein Supplements Arla Foods Releases New Generation of Whey Hydrolysates Carbery Launches Optipep RTD, a 100% Whey Protein Arla Foods Introduces Novel Whey Protein Ice Coffee Concept Milk Specialties Releases Instant Organic Whey Protein PhD Nutrition Launches Range of Natural Performance Products Arla Foods Introduces Nutrilac WheyHi Scitec Nutrition Introduces 100% Whey Professional v2.0 Glanbia Launches EasyFlav Whey Premier Nutrition Launches Clean Whey Protein Bars and Drinks Leprino Foods Unveils Native Fuel Whey Hormel Foods Introduces HORMEL VITAL CUISINE Abbott Unveils AdvantEDGE and 100% Whey Products Tera's Introduces NEW Whey Protein Beverages Carbery Launches Optipep 90PRO (Ireland) Davisco introduces Alpha Nighttime Protein Beverage Davisco Introduces BioZate Product Line of Hydrolyzed Whey Proteins 6. RECENT INDUSTRY ACTIVITY Glanbia, DFA, MMPA and Foremost Farms Form Joint Venture Milk Specialties Acquires the Saputo facility American Securities Acquires Milk Specialties Global Amplify Snack Acquires Boundless Nutrition Real Good Acquires ISO2 Nutrition sports Samworth Brothers Acquires SCI-MX Nutrition 7. FOCUS ON SELECT GLOBAL PLAYERS Arla Foods Ingredients Group P/S (Denmark) Amco Proteins (USA) Unternehmensgruppe Theo Muller S.e.c.s (Luxembourg) Valio Ltd. (Finland) Volac International Ltd. (UK) 8. GLOBAL MARKET PERSPECTIVE Table 22: World Recent Past, Current & Future Analysis for Whey Protein Ingredients by Geographic Region/Country - US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Consumption Figures in Thousand Pounds (lbs.) for Years 2015 through 2022 (includes corresponding Graph/Chart) Table 23: World Historic Review for Whey Protein Ingredients by Geographic Region/Country - US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets Independently Analyzed with Annual Consumption Figures in Thousand Pounds (lbs.) for Years 2009 through 2014 (includes corresponding Graph/Chart) Table 24: World 14-Year Perspective for Whey Protein Ingredients by Geographic Region/Country - Percentage Breakdown of Volume Consumption for US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World Markets for Years 2009, 2016 & 2022 (includes corresponding Graph/Chart III. CANADA Functional Foods and Beverages Market: A Macro Perspective Canada: A Key Supplier of Functional Ingredients and Foods B.Market Analytics Table 28: Canadian Recent Past, Current & Future Analysis for Whey Protein Ingredients Market Analyzed with Annual Consumption Figures in Thousand Pounds (lbs.) for Years 2015 through 2022 (includes corresponding Graph/Chart) Table 29: Canadian Historic Review for Whey Protein Ingredients Market Analyzed with Annual Consumption Figures in Thousand Pounds (lbs.) for Years 2009 through 2014 (includes corresponding Graph/Chart) 3.
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