CATEGORY

Whey Powder

Value added whey products have a high market growth of CAGR 10% compared to dried whey growth rate of CAGR 2-5%, posing a significant threat to dry whey supply

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Whey Powder Market Monitoring Dashboard


Price Trend
1066.00
Jan-2023
EUR/MT
History Forecast
Supply Demand

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Whey Powder Industry Benchmarks


Savings Achieved

(in %)

The average annual savings achieved in Whey Powder category is 5.30%

Payment Terms

(in days)

The industry average payment terms in Whey Powder category for the current quarter is 75.6 days

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Category Strategy and Flexibility

Engagement Model

Supply Assurance

Sourcing Process

Supplier Type

Pricing Model

Contract Length

SLAs/KPIs

Lead Time

Supplier Diversity

Targeted Savings

Risk Mitigation

Financial Risk

Sanctions

AMEs

Geopolitical Risk

Cost Optimization

Price per Unit Competitiveness

Specification Leanness

Minimum Order Quality

Payment Terms

Inventory Control

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    Whey Powder Suppliers


    859
    Total Suppliers
    17
    Diverse Suppliers
    67
    Normalized Supplier Rating
    Whey Powder Supplier

    Find the right-fit whey powder supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

    Sample Supplier
    Company
    CARGILL INCORPORATED
    Location
    Jackson, Mississipi
    Duns number
    3862211

    D&B SER Rating

    dnb logo

    Up to 3 months

    1 9
    5
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile

    Company and Sector Performance
    29

    100
    Weak (1)
    ESG Perfomance (/100)
    Environment
    38
    Social
    28
    Governance
    19
    6 Domains Performance (/100)
    Business behaviour
    38
    Human rights
    24
    Community Environment
    26
    Corporate governance
    9
    Human resources
    21
    Security Scorecard
    82

    Threat indicators
    B
    88
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    C
    77
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    C
    75
    Application Security
    Detecting common website application vulnerbilities
    C
    74
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    97
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    A
    93
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    95
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    cargill.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    23
    Workforce Health Safety Issues
    0
    Product Service Issues
    14
    Human Rights Issues
    23
    Production Supply Chain Issues
    8
    Environmental Non Compliance Flags
    45
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    25
    Fraud Issues
    5
    Labor Health Safety Flags
    48
    Regulatory Issues
    20
    Workforce Disputes
    6
    Sanctions
    0
    esg energy transition
    47
    Discrimination Workforce Rights Issues
    19
    esg controversies critical severity
    Yes

    Whey Powder market report transcript


    Global Market Outlook on Whey Powder

    • The global supply–demand dynamics scenario is stabilizing in both milk and dairy derivatives, as the oversupplied condition in the market is lightening. The regional differences and skewed trade dynamics are expected to govern the global price volatility in the near term
    • Oceania is a key market, as it produces only 5 percent of the global milk, but contributes to more than 40 percent of the milk derivatives export market
    • With the removal of milk quota system, Europe is expected to increase its production of milk and milk powders until 2018. The high output of dairy products will be directed to export, mainly to Asian countries

     

    Whey Processing Overview

    Evaporation and filtration play a vital role in the process, due to the presence of high water content in whey (94%). Initial composition of whey depends on cheese type. Along the process, whey products' compositions are subjected to changes, based on treatment methods.

    Whey Value Addition

    Functionality and value of whey products improve with concentration levels. Sweet whey powder at bottom of the pyramid is more commoditized, hence, experiences highly volatility in prices, majorly driven by US, EU and NZ trade trends.

    Sourcing Recommendation For buyer

    Whey powder is a commoditized product with presence in both spot and financial markets (CME futures and EU futures market). Major buyers in the US and EU adopt a mixed procurement strategy by procuring partially from suppliers and the rest through commodity futures market. Buyer can adopt suitable hedging strategies to make more cost savings.

    Global Market Dynamics

    Global net supply was around 0.1 MMT (Undersupplied) in 2016, where ~90% of total supply is from EU and the US. Global production is growing ahead at a CAGR of 1.8%, closely followed by a demand growth at 1.73%. Future outlook of whey market would be balanced or remain undersupplied, largely depends on secondary derivatives' market.

    Fundamental Analysis: Macro Factors-US

    Gross Domestic Product

    • Rise in interest rates and strengthening of the US dollar will drive the 2017/18 GDP growth
    • Strong consumer spending, driven by wage and employment gains, buoyant stock market, are expected to support the economy in 2017

    Consumer Price Index - Inflation

    • The inflation is expected to average out at 1.32% in 2016 and at 1.25% in 2017
    •  The Fed has a 2 percent inflation target and tracks an inflation measure, which is currently at 1.7 percent

    Interest Rate

    • Federal Reserve is expected to announce an increase in the target range for its federal funds rate to between 0.5% and 0.75% up from 0.25% to 0.5%

    Dairy Policies

    • Dairy producers enrolled in 2016 Margin Protection Program for Dairy at USD 6–8 margin trigger coverage level will receive payments 0.23723–0.23723 USD /cwt.
    • This is the highest MPP rate announced since 2014. The payment rates are expected to increase, favoring the producer margins.

    Crude Oil Price

    • Prices are likely to be sustained at ~USD 50/barrel due to production caps implemented by OPEC
    • Increase in crude oil price may increase the dairy purchasing power of oil producing countries
    • Increase in crude oil price will increase the price of corn (alternative energy source). This will reflect in feed & energy cost of dairy production

    Trade Agreements

    As US implements TPP:

    • “U.S. dairy exports could grow by USD 131.2M/annum”- American Farm Bureau Federation
    • “Annual growth in U.S. dairy exports will be around USD 150-275M/annum” - OCE – VT-CAT analysis compared to the non-implementation of TPP

    Whey Products: Supplier Production Mix Preference

    Suppliers' preference to shift from whey powder production to secondary derivatives production is evident with the 5% decline in dry whey production during 2010–2016, which has been channelized to lactose production. Increasing number of plants for lactose and WPI production also substantiate the same.