Global
protein
supplements market is expected to grow at a significant CAGR of 8.12%
in the upcoming period as the scope and its applications are rising enormously
across the globe. Protein supplements, mainly protein powder a nutritional
supplement that helps build muscles, make hormones and enzymes, and repair
tissue.
The
factors that are playing a major role in the growth of the market are the
increasing demand from women sector as growing popularity towards resistance
training and the acceptance of high protein diet for weight loss. However, side
effects and varying raw material cost may restrain overall market growth in the
years to come. The market is segmented based on raw material, source, product
type, distribution channel, application, and region.
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Pea,
whey, soy, casein, and other raw materials that could be explored in protein
supplements market in the forecast period. Based on the source, the plant-based
and animal-based source could classify protein supplements in the forecast
period. Animal-based protein source accounted for the significant market share
and is estimated to lead the overall market in the years to come. The reason
could be the presence of high nutrients like zinc, vitamin B12, Heme-iron,
vitamin D, and DHA, easy availability, and the high rate of absorption.
Ready
to drink (RTD), protein powders, protein bars, and other product types could be
explored in protein supplements in the forecast period. Protein powder sector
accounted for the substantial market share of protein supplements and is
estimated to lead the overall market in the years to come. Also, ready to drink
(RTD) sector is estimated to grow at the fastest pace in the years to come.
Direct
to consumer (DTC), supermarket, online stores, and other distribution channels
could be explored in protein supplements industry in the forecast period.
Online stores sector accounted for the substantial share of the market and is
estimated to lead the overall market in the years to come. The reason could be
the growing number of internet users, convenience, and the availability of several
options. Also, direct to consumer (DTC) sector is estimated to grow at the
fastest pace in the years to come.
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Market Segment:
The various contributors involved in the
value chain of Protein Supplements include manufacturers, suppliers,
distributors, intermediaries, and customers. The key manufacturers in the
Protein Supplements include
•
Glanbia
•
GNC
•
NOW Foods
•
NBTY
•
IOVATE
•
Quest Nutrition
Market Size Split by Type
•
Protein Powder
•
Protein Bar
•
Ready to Drink
Market size split by Region
•
North America
•
United States
•
Canada
•
Mexico
•
Asia-Pacific
•
China
•
India
•
Japan
The key points of this report are:
•
To study and analyze the global Protein Supplements market size (value &
volume) by company, key regions/countries, products and application, history
data from 2013 to 2017, and forecast to 2025.
•
To understand the structure of Protein Supplements market by identifying its
various subsegments.
•
To share detailed information about the key factors influencing the growth of
the market (growth potential, opportunities, drivers, industry-specific
challenges and risks).
•
Focuses on the key global Protein Supplements manufacturers, to define,
describe and analyze the sales volume, value, market share, market competition
landscape, SWOT analysis and development plans in next few years.
•
To analyze the Protein Supplements with respect to individual growth trends,
future prospects, and their contribution to the total market.
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