Protein Supplement Market Growth by 2027 According to New Research Report - Abbott Laboratories, AMCO Proteins, CytoSport, Glanbia

Protein Supplement Market to 2027 - Global Analysis and Forecasts by Type; Product; Source; Distribution Channel; Application (Sports Nutrition, Functional Foods) and Geography

Factors such as hectic lifestyle, an increasing population of working women, and the rising adoption of western food are anticipated to boost the overall protein supplements market growth. Over the past, there has been a rise in the number of health-conscious customers around the globe.

A healthy lifestyle is becoming a normal way of life that majorly has concerns over obesity, food sensitivity, and people affected by diseases continue to rise which further propels the growth of the market. The demand for protein supplements from the young population is increasing mainly in athletes as they provide various benefits such as lowering cholesterol, building of muscles, increasing strength, fighting cancer, improving immunity, and lowering blood pressure.

Other factors that drive the global protein powder market are the increasing standard of living of the middle-class population and the rise in the disposable income. However, fake claims and negative publicity of protein supplements are likely to hamper the expansion of the protein supplement market during the forecasted period.

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Major Companies

1. Abbott Laboratories
2. AMCO Proteins
3. CytoSport, Inc.
4. Glanbia plc
5. Iovate Health Sciences International Inc.
6. MusclePharm Corporation
7. Nature's Bounty Co.
8. NOW Foods
9. Quest Nutrition, LLC
10. Transparent Labs

MARKET SEGMENTATION

On the basis of type, the protein supplement market is segmented into whey protein, casein protein, soy proteins, pea protein, and others.

By product, the protein supplement market is bifurcated into protein powder, protein bars, ready to drink (RTD), and others.

On the basis of source the market is divided into animal based proteins, and plant based protein.

By distribution channel, the protein supplement market is divided into supermarket/hypermarket, nutrition store, chemist/drugstore, online, and others.

On the basis of the application is classified into sports nutrition and functional foods.

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The target audience for the report on the protein supplement market

• Manufactures
• Market analysts
• Senior executives
• Business development managers
• Technologists
• R&D staff
• Distributors
• Investors
• Governments
• Equity research firms
• Consultants

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global protein supplement market based on various segments.

It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely;

North America,
Europe,
Asia-Pacific (APAC),
Middle East and Africa (MEA)
South America

The protein supplement market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the protein supplement market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the protein supplement market in these regions.

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This release was published on openPR.