WHAT IS PROTEIN SUPPLEMENTS MARKET?
According to data from Data Bridge Market Research, the market for protein supplements was worth USD 8.83 million in 2021 and is projected to grow to USD 19.63 million by 2029, with a CAGR of 10.50% over the forecast period of 2022–2029. The Data Bridge Market Research team's thorough expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis, and consumer behaviour are all included in the market study.
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The large-scale Protein Supplements Marketing report provides details about market trends, future prospects, market restraints, leading market drivers, several market segments, key developments, key players in the market, and competitor strategies. This market study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the market has also been included. Additionally, businesses can decide upon the strategies about the product, customer, key player, sales, promotion or marketing by acquiring a detailed analysis of competitive markets.
Market Definition
Protein supplements are a type of nutritional and bodybuilding supplement that is commonly used by bodybuilders and sports athletes to supplement their diet and increase their protein consumption without increasing their carbohydrate and fat consumption. When compared to other protein sources, these supplements have a higher protein content when consumed directly.
COVID-19 Impact on Protein Supplements Market
The COVID-19 pandemic has had a negative impact on the protein supplements market and the sports nutrition industry as a whole. One of the major factors was the closure of gyms, which had been widely closed due to the coronavirus outbreak. Many businesses have even postponed product development plans due to the uncertainty of how long the lockdown would last. However, with consumers becoming more aware of their own health and well-being than ever before, the market has the potential to expand in a variety of ways.
Recent Developments
- Carbery will launch Optipep 4Power, a new hydrolyzed Protein Isolates (WPH) designed specifically for high-intensity interval training, in 2021. (HIIT).
- First Milk has agreed to buy Fonterra's 51 percent stake in its Fast Forward JV in 2019. As a result, First Milk will become the sole owner of the Lake District Creamery's Protein Isolates concentrate manufacturing facilities.
- Glanbia Nutritionals expanded its protein powder capabilities in 2018 with the introduction of BevEdge Protein Isolates A-220W, a pre-acidified Protein Isolates isolate that enables the creation of berry and citrus-flavored protein drink mixes.
PROTEIN SUPPLEMENTS MARKET SEGMENTATION
Type
- Whey Protein
- Soy Protein
- Casein Protein
- Egg Protein
- Pea Protein
- Others
Source
- Plant based
- Animal based
Form
- Ready to Drink
- Protein Powder
- Protein Bar
- Others
Gender
- Male
- Female
Age group
- Millennials
- Generation X
- Baby Boomers
Applications
- Sports nutrition
- Functional food
End user
- Supermarkets and Hypermarkets
- Drug Stores
- Online
- Convenience Stores
- Specialist Sport Store
- Health and Nutritionist Stores
- Others
KEY POINTERS COVERED IN THE PROTEIN SUPPLEMENTS MARKET INDUSTRY TRENDS AND FORECAST TO 2028
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Market Installed Base
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Market Cost of Care Analysis
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Market Upcoming Applications
- Market Innovators Study
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PROTEIN SUPPLEMENTS MARKET COUNTRY LEVEL ANALYSIS
- The countries covered in the Protein Supplements Market report are
- U.S.
- Canada and Mexico in North America
- Germany
- France
- U.K.
- Netherlands
- Switzerland
- Belgium
- Russia
- Italy
- Spain
- Turkey
- Rest of Europe in Europe
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Australia
- Thailand
- Indonesia
- Philippines
- Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC)
- Saudi Arabia
- U.A.E
- Israel
- Egypt
- South Africa
- Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
- Brazil
- Argentina
BASIC QUESTIONS ASKED
- Which product and application will rule Protein Supplements Market?
- What market dynamics are influencing and restricting the market for Protein Supplements Market?
- Which regional market will expand the fastest?
- Which region is expected to hold the greatest market share in the Protein Supplements Market?
- How will patterns, roadblocks, and trends affect the global Protein Supplements Market’s expansion and size?
KEY MARKET COMPETITORS COVERED IN THE REPORT
- Glanbia plc. (Ireland)
- Now Health Intrnational. (U.S.)
- Nutiva Inc (U.S.)
- The Simply Good Food Co (U.S.)
- Iovate Health Sciences International Inc. (Canada)
- MusclePharm (U.S.)
- Kerry Group Plc (Ireland)
- CytoSport, Inc. (U.S.)
- Nature's Bounty (U.S.)
- Reliance Private Label Supplements (U.S.)
- Herbalife Nutrition, Inc. (U.S.)
- Danone SA (France)
- GNC Holdings, LLC. (U.S.)
- Orgain Inc. (U.S.)
- True Nutrition (U.S.)
MAJOR TOC OF THE REPORT
- Introduction
- Research Methodologies
- Executive Summaries
- Premium Insights
- Market Overview
- Protein Supplements Market, by Technology
- Protein Supplements Market, by Application
- Protein Supplements Market, by Type
- Protein Supplements Market, by Vehicle Type
- Protein Supplements Market, by Technology
- Protein Supplements Market, by Application
- Protein Supplements Market, by Position
- Protein Supplements Market, by Region
- Competitive Landscape
- Company Profiles
- Analyst's Recommendations
- Appendix
Get TOC Details- https://www.databridgemarketresearch.com/toc/?dbmr=global-protein-supplements-market
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