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-supple...
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