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

Please Login or Subscribe to Access the Whey Price Chart Data
 

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.