PART 01: EXECUTIVE SUMMARY PART 02: SCOPE OF THE REPORT 2.1 Preface 2.2 Preface 2.3 Currency conversion rates for US$ PART 03: MARKET LANDSCAPE Market ecosystem Market characteristics Market segmentation analysis PART 04: MARKET SIZING Market definition Market sizing 2018 Market size and forecast 2018-2023 PART 05: FIVE FORCES ANALYSIS Bargaining power of buyers Bargaining power of suppliers Threat of new entrants Threat of substitutes Threat of rivalry Market condition PART 06: MARKET SEGMENTATION BY PRODUCT Market segmentation by product Comparison by product Whey protein concentrate - Market size and forecast 2018-2023 Whey protein isolate - Market size and forecast 2018-2023 Hydrolyzed whey protein - Market size and forecast 2018-2023 Others - Market size and forecast 2018-2023 Market opportunity by product PART 07: CUSTOMER LANDSCAPE PART 08: GEOGRAPHIC LANDSCAPE Geographic segmentation Geographic comparison North America - Market size and forecast 2018-2023 Europe - Market size and forecast 2018-2023 APAC - Market size and forecast 2018-2023 South America - Market size and forecast 2018-2023 MEA - Market size and forecast 2018-2023 Key leading countries Market opportunity PART 09: DECISION FRAMEWORK PART 10: DRIVERS AND CHALLENGES Market drivers Market challenges PART 11: MARKET TRENDS Increasing mergers and acquisitions Increasing use of whey protein in clinical nutrition Increasing availability of raw materials owing to increasing cheese production PART 12: VENDOR LANDSCAPE Overview Landscape disruption Competitive scenario PART 13: VENDOR ANALYSIS Vendors covered Vendor classification Market positioning of vendors Agropur Co-operative Arla Foods amba Carbery Group Fonterra Co-operative Group Ltd. Glanbia Plc Groupe Lactalis Hilmar Cheese Co. Royal FrieslandCampina NV Saputo Inc. Valio Ltd. PART 14: APPENDIX Research methodology List of abbreviations Definition of market positioning of vendors PART 15: EXPLORE TECHNAVIO   Exhibit 01: Vendors: Key offerings Exhibit 02: Global food and beverages market Exhibit 03: Segments of global food and beverages market Exhibit 04: Market characteristics Exhibit 05: Market segments Exhibit 06: Market definition - Inclusions and exclusions checklist Exhibit 07: Market size 2018 Exhibit 08: Global market: Size and forecast 2018-2023 ($ millions) Exhibit 09: Global market: Year-over-year growth 2019-2023 (%) Exhibit 10: Five forces analysis 2018 Exhibit 11: Five forces analysis 2023 Exhibit 12: Bargaining power of buyers Exhibit 13: Bargaining power of suppliers Exhibit 14: Threat of new entrants Exhibit 15: Threat of substitutes Exhibit 16: Threat of rivalry Exhibit 17: Market condition - Five forces 2018 Exhibit 18: Product - Market share 2018-2023 (%) Exhibit 19: Comparison by product Exhibit 20: Whey protein concentrate - Market size and forecast 2018-2023 ($ millions) Exhibit 21: Whey protein concentrate - Year-over-year growth 2019-2023 (%) Exhibit 22: Whey protein isolate - Market size and forecast 2018-2023 ($ millions) Exhibit 23: Whey protein isolate - Year-over-year growth 2019-2023 (%) Exhibit 24: Hydrolyzed whey protein - Market size and forecast 2018-2023 ($ millions) Exhibit 25: Hydrolyzed whey protein - Year-over-year growth 2019-2023 (%) Exhibit 26: Others - Market size and forecast 2018-2023 ($ millions) Exhibit 27: Others - Year-over-year growth 2019-2023 (%) Exhibit 28: Market opportunity by product Exhibit 29: Customer landscape Exhibit 30: Market share by geography 2018-2023 (%) Exhibit 31: Geographic comparison Exhibit 32: North America - Market size and forecast 2018-2023 ($ millions) Exhibit 33: North America - Year-over-year growth 2019-2023 (%) Exhibit 34: Europe - Market size and forecast 2018-2023 ($ millions) Exhibit 35: Europe - Year-over-year growth 2019-2023 (%) Exhibit 36: APAC - Market size and forecast 2018-2023 ($ millions) Exhibit 37: APAC - Year-over-year growth 2019-2023 (%) Exhibit 38: South America - Market size and forecast 2018-2023 ($ millions) Exhibit 39: South America - Year-over-year growth 2019-2023 (%) Exhibit 40: MEA - Market size and forecast 2018-2023 ($ millions) Exhibit 41: MEA - Year-over-year growth 2019-2023 (%) Exhibit 42: Key leading countries Exhibit 43: Market opportunity Exhibit 44: Impact of drivers and challenges Exhibit 45: Vendor landscape Exhibit 46: Landscape disruption Exhibit 47: Vendors covered Exhibit 48: Vendor classification Exhibit 49: Market positioning of vendors Exhibit 50: Agropur Co-operative - Vendor overview Exhibit 51: Agropur Co-operative - Product segments Exhibit 52: Agropur Co-operative - Organizational developments Exhibit 53: Agropur Co-operative - Key offerings Exhibit 54: Arla Foods amba - Vendor overview Exhibit 55: Arla Foods amba - Product segments Exhibit 56: Arla Foods amba - Organizational developments Exhibit 57: Arla Foods amba - Geographic focus Exhibit 58: Arla Foods amba - Segment focus Exhibit 59: Arla Foods amba - Key offerings Exhibit 60: Carbery Group - Vendor overview Exhibit 61: Carbery Group - Product segments Exhibit 62: Carbery Group - Organizational developments Exhibit 63: Carbery Group - Key offerings Exhibit 64: Fonterra Co-operative Group Ltd. - Vendor overview Exhibit 65: Fonterra Co-operative Group Ltd. - Business segments Exhibit 66: Fonterra Co-operative Group Ltd. - Organizational developments Exhibit 67: Fonterra Co-operative Group Ltd. - Geographic focus Exhibit 68: Fonterra Co-operative Group Ltd. - Segment focus Exhibit 69: Fonterra Co-operative Group Ltd. - Key offerings Exhibit 70: Glanbia Plc - Vendor overview Exhibit 71: Glanbia Plc - Business segments Exhibit 72: Glanbia Plc - Organizational developments Exhibit 73: Glanbia Plc - Geographic focus Exhibit 74: Glanbia Plc - Segment focus Exhibit 75: Glanbia Plc - Key offerings Exhibit 76: Groupe Lactalis - Vendor overview Exhibit 77: Groupe Lactalis - Product segments Exhibit 78: Groupe Lactalis - Organizational developments Exhibit 79: Groupe Lactalis - Geographic focus Exhibit 80: Groupe Lactalis - Key offerings Exhibit 81: Hilmar Cheese Co. - Vendor overview Exhibit 82: Hilmar Cheese Co. - Product segments Exhibit 83: Hilmar Cheese Co. - Key offerings Exhibit 84: Royal FrieslandCampina NV - Vendor overview Exhibit 85: Royal FrieslandCampina NV - Business segments Exhibit 86: Royal FrieslandCampina NV - Organizational developments Exhibit 87: Royal FrieslandCampina NV - Geographic focus Exhibit 88: Royal FrieslandCampina NV - Segment focus Exhibit 89: Royal FrieslandCampina NV - Key offerings Exhibit 90: Saputo Inc. - Vendor overview Exhibit 91: Saputo Inc. - Business segments Exhibit 92: Saputo Inc. - Organizational developments Exhibit 93: Saputo Inc. - Segment focus Exhibit 94: Saputo Inc. - Key offerings Exhibit 95: Valio Ltd. - Vendor overview Exhibit 96: Valio Ltd. - Product segments Exhibit 97: Valio Ltd. - Organizational developments Exhibit 98: Valio Ltd. - Key offerings Exhibit 99: Validation techniques employed for market sizing Exhibit 100: Definition of market positioning of vendors

Agropur Co-operative Arla Foods amba Carbery Group Fonterra Co-operative Group Ltd. Glanbia Plc Groupe Lactalis Hilmar Cheese Co. Royal FrieslandCampina NV Saputo Inc. Valio Ltd.