Global Protein Supplement Market Overview :
Global Protein Supplement market is estimated to reach $8,903.4 Million by 2025 from 4,892.4 million in 2017; growing at a CAGR of 7.5% till 2025. Protein is an essential macronutrient for muscle building, tissue repair, and production of enzymes and hormones. Protein supplements contains protein to aid weight loss and help people tone their muscles.
Global Protein Supplement Market: Growth Factors
Increase in awareness among people for health & fitness, Alarming rise in obesity rates, Rise in demand for a supplement from the millennial population are key driving factors of the market. However, Presence of cheaper substitutes might hamper the market growth. Protein supplements introduction in the untapped market would provide lucrative opportunities for the market in the coming years.
Global Protein Supplement Market: Segmentation
The global Protein Supplement market is mainly classified based on Type, Form, Source, Distribution Channel, Gender. Type is further segmented into Casein, Whey Protein, Egg Protein, Soy Protein, and Others. By Form, the market is divided into Powder, RTD Liquid, and Protein Bars. By Source, the market is further divided into Animal and Plant. By Distribution Channel, the global Protein Supplement market is divided as Supermarket/Hypermarket, Online, Chemist/Drugstore, Nutrition Store, Health Food Store, Specialist Food Store, and Others. Gender segment is further classified as Male and Female.
Global Protein Supplement Market: Regional Analysis
Based on geography, the global Protein Supplement market is divided into North America, Europe, Asia-Pacific, and Rest of the World (RoW). North America is further divided in the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific while RoW is segmented into South America, the Middle East, and Africa
Global Protein Supplement Market: Competitive Players
Key players operating in the market include Abbott Laboratories, ABH Pharma Inc., Amway Corporation, Glanbia PLC, GlaxoSmithKline PLC, General Nutrition Corporation (GNC Holdings, Inc.), Herbalife International of America, Inc., Maker Nutrition LLC, Suppleform, and Vitaco Health Limited (Shanghai Pharmaceuticals Holding Co Ltd)
Protein Supplement Market Key Segments:
- Whey Protein
- Egg Protein
- Soy Protein
- RTD Liquid
- Protein Bars
By Distribution Channel
- Nutrition Store
- Health Food Store
- Specialist Food Store
- 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
- ABH Pharma, Inc.
- Amway Corporation
- Glanbia PLC
- GlaxoSmithKline PLC
- General Nutrition Corporation (GNC Holdings, Inc.)
- Herbalife International of America, Inc.
- Maker Nutrition LLC
- Vitaco Health Limited (Shanghai Pharmaceuticals Holding Co Ltd)
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 to fortify their foothold in the market