Whey Price Trend and Forecast

Whey Regional Price Overview

Get the latest insights on price movement and trend analysis of Whey in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).


Whey Price Trend for the Second Half of 2023
Whey prices were observed to be growing for the majority of the discussed time period. Whey has been observing increasing demands for some time now, especially as a protein source from the fitness and bodybuilding industries.

Whey Price Chart

Whey Price Trends

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These demands pushed the price trajectory upwards. As per USDA a reduction in the number of cattle and milk yield is also driving these price hikes. Since whey is the protein directly sourced from milk, the prices are usually found fluctuating in a corelated manner.

In the European market too, the supply chain interruptions and reduced yield drove the prices up. India is a global supplier of milk and milk products, but because of the rise in domestic demand, the prices increased both in the local market and in the international markets. Since both the upstream and downstream factors supported the inclined trend, the market prices for whey inched up throughout the second half of 2023.

Analyst Insight

According to Procurement Resource, after some increment, the Whey Powder prices are likely to regularise briefly moving forward. The gap between the supply and demand dynamics is expected to fall in the coming months.

Whey Price Trend for the First Half of 2023

Whey is a protein obtained from the process of cheese making that has a high concentration of amino acids. It is popularly used for its high nutritional value, fast rates of absorption, and easy-to-digest food supplement. It is widely used as a protein supplement, sports nutrition, and dietary product. In addition to protein, it also consists of essential vitamins, minerals, and lactose that vary according to the method of production that particularly involves milk.

The cost of milk, especially in the Asia-Pacific countries, surged during the first two quarters of 2023 consistently due to the fall in the rates of production, which in turn led to the rise in the prices of Whey and its related products. In India, the domestic markets faced a crunch in the supply chains that disrupted the overall market sentiments of milk and the price trend of Whey.

Analyst Insight

According to Procurement Resource, the price of Whey is expected to follow a fluctuating trend as the feedstock market is showing uneven market activities.

Procurement Resource provides latest prices of Whey. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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About Whey

Whey, a byproduct of the cheese or casein production, is the liquid left after milk has been curdled and strained. Sweet whey is a byproduct formed during the production of rennet types of hard cheese, such as cheddar or Swiss cheese. Natural whey protein is emerging as a key ingredient for a healthy lifestyle as it is a high-quality dairy protein. It is naturally rich in essential amino acids- particularly leucine, a branched chain amino acid.

Whey Product Details

Report Features Details
Product Name Whey
Industrial Uses Food industry, Dietary and nutritional supplement, Processed food, Animal feed, Cream and butter
Supplier Database Arla Foods Amba, Fonterra Co-operative Group, wheyco GmbH, Carbery Group, Valio Ltd, Lactalis Ingredients, Saputo Inc
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Whey Production processes

  • Production of Whey via Coagulation of Milk.

During the cheese production, when milk is coagulated by adding edible acid to the heated milk, whey is left over and includes everything that is soluble from milk after the drop of pH to 4.6. After this, fat is removed from the whey and it is further processed, by simple drying, removing lipids and other non-protein materials, for human consumption.


The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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