Demand For Whey, Lactose Products Expected To Rebound In 2011

Lower prices and a recovering world economy should contribute to a rebound in the sales of whey and lactose, which saw a drop in demand in 2007-2008, Denmark’s 3A Business Consulting reports. Price increases during that time period forced food manufacturers to replace whey and lactose with less expensive ingredients. ”Demand has been re-established at previous levels in 2010,” according to 3A managing partner Tage Affertsholt. The global market for whey powder and proteins was valued at $5 billion in 2010 and could reach $6.4 billion by 2014. The 2010 global market for lactose ingredients was worth about $1.6 billion and could reach $2 billion by 2014 at a CAGR of three percent. Whey and lactose are used in mainstream processed foods as well as functional foods, especially sports and energy products.