Global Protein Supplements Market Overview :
Global Protein Supplements market is estimated to reach $20.9 Billion by 2025; growing at a CAGR of 6.1% till 2025. Protein supplements are mainly used by athletes, millennial, and people pursuing a vegan or vegetarian lifestyle to fulfill their need for protein. In today’s hectic lifestyle, it is improbable to get complete protein from food only.
Global Protein Supplements Market: Growth Factors
The escalation in several health-conscious population, rise in disposable income, and increasing living standard of middle-class population are the major factors driving the market growth. Moreover, rising gym trend are also the factors fueling market growth. However, negative marketing might hamper market growth.
Global Protein Supplements Market: Segmentation
The global protein supplements market is mainly classified on the basis of raw material, source, product, distribution channel, and application. Based on raw material, the market is categorized as whey, casein, soy, pea, and others. On the basis of source, the market is divided into animal-based, and plant-based. Based on product, the market is classified as, protein powder, protein bars, ready to drink, and others. Based on the distribution channel, the market is divided into supermarkets, online stores, direct to customers (DTC), and others. On the basis of application, the market is classified as sports nutrition and functional food.
Global Protein Supplements Market: Regional Analysis
On the basis of geography, the market is mainly categorized as North America, Europe, Asia Pacific, and Rest of the World (RoW). North America is further divided into the U.S., Canada, and Mexico, whereas Europe is classified as UK, Germany, France, Italy and Rest of Europe. Asia-Pacific is categorized as India, China, Japan, South Korea, and Rest of Asia-Pacific however while RoW is divided into South America, the Middle East, and Africa
Global Protein Supplements Market: Competitive Players
Key players operating in the market include Abbott Laboratories, Glanbia Plc., MusclePharm Corporation, AMCO Proteins, Dymatize Enterprises LLC, Quest Nutrition, NOW Foods, NBTY, IncCyto Sports Inc., IOVATE Health Sciences International Inc., Transparent Labs, JYM Supplement Science, RSP Nutrition, Nutrabolt, and BPI Sports, LLC
Protein Supplements Market Key Segments:
By Raw Material
- Protein Powder
- Protein Bars
- Ready to Drink
By Distribution Channel
- Online Store
- Direct to Customers (DTC)
- Sports Nutrition
- Functional Food
- North America
- The U.S.
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Rest of the World
- South America
- Middle East
Key Market Players
- Abbott Laboratories
- Glanbia Plc.
- MusclePharm Corporation
- AMCO Proteins
- Dymatize Enterprises LLC
- Quest Nutrition
- NOW Foods
- NBTY, Inc.
- Cyto Sports Inc.
- IOVATE Health Sciences International Inc.
- Transparent Labs
- JYM Supplement Science
- RSP Nutrition
- BPI Sports, LLC
What Report Provides
- Full in-depth analysis of the parent market
- Important changes in market dynamics
- Segmentation details of the market
- Former, on-going, and projected market analysis in terms of volume and value
- Assessment of niche industry developments
- Market share analysis
- Key strategies of major players
- Emerging segments and regional markets
- Testimonials to companies in order to fortify their foothold in the market