HS Code:
Modified whey, classified under HS Code 040410, refers to whey and modified whey products, whether or not concentrated or containing added sugar or other sweetening matter. Whey is a by-product of cheese production and is often modified for use in food processing, animal feed, and nutritional supplements due to its high protein content and functional properties. This category includes products like whey protein concentrates, isolates, and demineralized whey. It plays a significant role in the dairy industry and is widely traded globally for use in sports nutrition, infant formula, and functional foods.
Total Trade Volume
USD 3.5 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.2%
Highest Rate
25% (applied by certain developing countries to protect domestic dairy industries)
Lowest Rate
0% (under free trade agreements such as EU-USMCA)
Rising demand for whey protein in sports nutrition
Increased exports from major producers like the US and New Zealand to meet global fitness industry needs
2021-2022
Growth in infant formula production
Higher demand for modified whey as a key ingredient, especially in Asia-Pacific markets
2020-2022
Sustainability focus in dairy production
Shift towards eco-friendly processing methods, influencing trade preferences for sustainably sourced whey products
2022
A new trade agreement reduced tariffs on modified whey exports from the EU to the US, facilitating smoother market access.
June 2023
Expected to boost EU exports by 10% over the next two years
China announced higher import quotas for modified whey to meet domestic demand for infant formula and nutritional products.
March 2023
Significant growth opportunity for exporters like New Zealand and the US
New Zealand introduced a sustainability certification for whey products to appeal to environmentally conscious markets.
September 2022
Likely to increase market share in Europe and North America