In a significant move to broaden its market intelligence offerings, Vesper has announced the addition of two new products to the Vesper Price Index (VPI), an independent pricing benchmark to enhance market transparency: Caseinate, Calcium Food, and Caseinate, Sodium Food.
This addition focuses on the European market, aiming to provide comprehensive and transparent pricing information for these highly niche and traditionally opaque products.
The importance of caseinates
Caseinates, especially calcium and sodium caseinates, are crucial in many food and nutritional products. Due to their excellent emulsifying and stabilizing properties, they are widely used in protein supplements, bakery products, meat substitutes, and dairy items.
The challenges of the caseinate market
The market for caseinates has been opaque, making it difficult for buyers and sellers to access reliable pricing information. This lack of transparency has led to inefficiencies and challenges in price negotiations—buyers struggle to benchmark prices, while sellers find it hard to justify their pricing.
The reason? Caseinates are a specialised segment within the dairy industry, involving complex production processes and dominated by only a few key players. Prices fluctuate significantly due to variations in raw milk prices, processing costs, and supply chain disruptions.
Vesper’s introduction of caseinate prices in the VPI addresses these inefficiencies, providing a trusted data source for all stakeholders.
Why the VPI is invaluable to market participants
The VPI collects price inputs from a diverse range of trusted industry players. This means it doesn’t just reflect one side of the market, but offers a fair view. By evaluating new market players for consistency and reliability before including their data, Vesper ensures that the VPI remains trustworthy and accurate. Approved data points undergo a rigorous four-step evaluation process, keeping the index reliable.
The VPI isn’t just about adding another benchmark to the mix—It offers unique insights, revealing previously hidden market prices, providing an independent benchmark with deeper insights that can change the way you operate.
This combination of transparency, accuracy, and unique insights provided by the VPI significantly strengthens your negotiation power, ensuring you buy, sell, or trade at a fair price.
The scope of the VPI in the sports nutrition market
In addition to the caseinate market, the Vesper Price Index (VPI) offers exclusive weekly market prices for a wide range of sports nutrition ingredients, including the generally difficult-to-find market prices for Whey Protein Concentrates (WPC) and Milk Protein Concentrates (MPC). Similar to the caseinate market, the WPC and MPC markets are characterized by a lack of transparency due to the limited number of specialized suppliers and regional variations in production and demand.
The Vesper Price Index has become the ultimate tool for sports nutrition pricing benchmarks. Covering regions from the European Union and East Europe to the United States, Latin America, Oceania, and countries such as the Netherlands, France, Germany, and the United Kingdom, VPI offers extensive geographical coverage. With data intervals ranging from weekly to monthly, users will have the latest pricing information at their fingertips.
This broad geographical coverage allows businesses to tap into local and regional price trends for essential sports nutrition ingredients, including caseinates, whey protein concentrates, and isolates. By leveraging this vast dataset, businesses can make smarter decisions, streamline supply chains, and maintain a competitive edge in the sports nutrition industry.
Accessing pricing information from multiple countries enables users to spot market trends and seize new opportunities more quickly. For instance, in the past six months, WPC80 (Whey Protein Concentrate) prices in the US and EU have aligned, intensifying competition between these regions.
Figure 1: price comparison for WPC80 Instant between the EU and US in EUR/mt.
Vesper’s introduction of calcium and sodium caseinates in the VPI further solidifies its position as a leading provider of reliable market prices. This ensures that buyers and sellers can navigate these opaque markets with confidence.
Access the latest sports nutrition ingredients prices
Besides the ingredients covered in the Vesper Price Index, Vesper provides public and partner prices for a wide range of sports nutrition ingredients. The Partner Price is a price that Vesper sources from trusted industry partners, offering a representative view of market prices.
While they share a similar methodology with our VPI, Partner Prices are distinct in that their prices are individually constructed by each partner. The introduction of the Partner Price aims to provide a broader perspective across various commodity categories, leveraging the expertise and insights of our trusted industry partners.
With the addition of partner and public prices to the Vesper platform, procurement managers can gain comprehensive market insights into all the ingredients used in sports nutrition. This includes products like sodium sulfite, various starches, xanthan gum, gelatin, guar gum, monosodium glutamate, pea protein, fructose, glucose, nuts, dried fruits, grains, feed, vitamins, and many more.
Explore the new caseinate prices on the VPI today and experience the difference that transparent, reliable data can make. No creditcard needed.
Sports nutrition prices published in the Vesper Price Index:
Dairy Protein
- Whey Protein Concentrate
- (WPC) 80 (Instant)
- Casein (Acid and Rennet)
- Whey Protein Concentrate (WPC) 35
- Whey Protein Isolate (WPI)
- Sweet Whey Powder (SWP, Food)
- Sweet Whey Powder (SWP, Feed)
- Whey Permeate (Food)
- Lactose
Dairy Liquids & Concentrates
Milk Powders
Dairy Commodities
Sugars