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[BUSINESS] · United States, United Kingdom, Spain · 9 sources

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Protein demand surge drives up global whey prices

A surge in demand for protein, driven by athletes and individuals using weight-loss medications, is significantly impacting global markets. This trend has led to a scarcity of whey protein, a byproduct of cheese production. In the United States, USDA data indicates that inventories at the end of June were at half the levels seen three years prior. In Europe, prices for 80% whey protein concentrate more than doubled during the first half of the year.

Major food and beverage companies, including Starbucks, Dunkin' Donuts, and Marks & Spencer, are incorporating protein into various products to meet consumer interest. However, rising raw material costs are squeezing profit margins for manufacturers, such as the British company THG. While manufacturers are investing in increased production, regulatory hurdles in Europe make expansion more difficult compared to the United States.

From a nutritional perspective, experts warn that increased protein consumption does not automatically equate to better health. While protein is essential for muscle recovery, requirements vary based on age, weight, and activity levels. Specialists suggest a baseline of 0.8 grams per kilogram of body weight, though athletes and older adults may require more. Consumers are also cautioned to scrutinize processed “high protein” products for hidden sugars and fats, with a preference for natural sources like eggs, dairy, and legumes.

Entities

Dunkin' Donuts · Marks & Spencer · Starbucks · THG · USDA