openPR Logo
Press release

U.S. Protein Supplement Marketto Reach $3.58 Billion by 2028: Allied Market Research

09-23-2021 01:25 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

U.S. Protein Supplement Marketto Reach $3.58 Billion by 2028:

As per the report published by Allied Market Research, the U.S. protein supplement market is projected to reach $3.58 billion by2028, registering at a CAGR of7.7% from 2021 to 2028. The report outlines market characteristics, growth by segmentation, market potential, and competitive landscape.

Shankar Bhandalkar, a Team Lead, Food and Beverages at Allied Market Research, said, “The demand for protein supplements among Millennials is projected to showcase the highest CAGR of 8.1% during the forecast period and will continue to hold a dominant share by 2028.”

Download sample pages:
https://www.linkedin.com/feed/update/urn:li:activity:6843202358764171264

The study offers an in-depth analysis of the market dynamics including drivers, restraints, challenges, and opportunities to aid the key market players devise business strategies and capitalize on opportunities. Rise in awareness among people for health & fitness, surge in disposable income, rise in obesity rate, and increase in demand from millennial population drive the growth of the U.S. protein supplement market. However, side-effects and negative publicity & claims and presence of cheaper substitutes hinder the market growth. On the contrary, surge in demand from the young population is expected to open new opportunities for the market players in the future.

The report provides a detailed study of the impact of the Covid-19 pandemic on the U.S. protein supplement market. The Covid-19 impact analysis is vital for market players to formulate strategies regarding the current scenario and improve business model for the future. The pandemic has presented several challenges such as disruption of the supply chain and increased prices of raw material. Moreover, the shortage of labor and raw material has resulted in a supply-demand gap in the market.

Download sample pages:
https://www.facebook.com/alliedmarketresearch/photos/a.228006404029264/2033671163462770/

The report includes a comprehensive analysis of the segmentation of the U.S. protein supplement marketon the basis of type, form, source, gender, age group, and distribution channel. The study is vital for investors, new market entrants, and stakeholders to understand the fastest-growing segment and highest-growing segment during the historic period and forecast period.

On the basis form, the RTD liquid market held the fastest CAGR of 8.7% during the forecast period. However, the powder segment held the lion’s share in 2019 and will continue to dominate in terms of revenue by 2028.

Based on type, the whey protein segment is expected to hold the largest share during the forecast period. However, the soy protein segment is projected to manifest the highest CAGR of 8.8% during the forecast period.

On the basis of source, the animal segment is anticipated to maintain dominance in terms of revenue during the forecast period and would showcase the highest CAGR of 7.8% from 2021 to 2028.

Sample insight:https://twitter.com/Allied_MR/status/1437400225572958215

The U.S. protein supplement market report includes a detailed study of the major market players such as Abbott Laboratories, Amway Corporation, ABH Pharma Inc., GlaxoSmithKline, Glanbia Corp., Herbalife International of America Inc., GNC Holdings, MusclePharm Corporation, and Bob's Red Mill, Nutiva Inc.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release U.S. Protein Supplement Marketto Reach $3.58 Billion by 2028: Allied Market Research here

News-ID: 2404415 • Views:

More Releases from Allied Market Research

Driving Innovation : Automotive Hypervisor Market to Hit $2.04 Billion by 2030, Fueled by a 31.9% CAGR
Driving Innovation : Automotive Hypervisor Market to Hit $2.04 Billion by 2030, …
According to a recent report published by Allied Market Research, titled, "Automotive Hypervisor Market by Vehicle Type, Type, Level of Automation and Vehicle Class: Global Opportunity Analysis and Industry Forecast, 2021-2030," 𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐚𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐡𝐲𝐩𝐞𝐫𝐯𝐢𝐬𝐨𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 $𝟏𝟑𝟏.𝟐𝟎 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟎, 𝐚𝐧𝐝 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 $𝟐,𝟎𝟑𝟕.𝟔𝟎 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟎, 𝐫𝐞𝐠𝐢𝐬𝐭𝐞𝐫𝐢𝐧𝐠 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟑𝟏.𝟗% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟏 𝐭𝐨 𝟐𝟎𝟑𝟎. North America dominates the market in terms of revenue, followed
Driving Off the Beaten Path : Utility Terrain Vehicle Market to Reach $1.8 Billion by 2032, With a 5.5% CAGR
Driving Off the Beaten Path : Utility Terrain Vehicle Market to Reach $1.8 Billi …
According to the report published by Allied Market Research, 𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐮𝐭𝐢𝐥𝐢𝐭𝐲 𝐭𝐞𝐫𝐫𝐚𝐢𝐧 𝐯𝐞𝐡𝐢𝐜𝐥𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐢𝐳𝐞 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 $𝟏 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟐, 𝐚𝐧𝐝 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 $𝟏.𝟖 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟐, 𝐠𝐫𝐨𝐰𝐢𝐧𝐠 𝐚𝐭 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟓.𝟓% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟑 𝐭𝐨 𝟐𝟎𝟑𝟐. 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰 A utility terrain vehicle (UTVs), also known as a utility task vehicle or side-by-side (SxS), is a specialized off-road vehicle designed for several utility and recreational purposes. UTVs
Speaking Up : Automotive Voice Recognition System Market Set to Reach $14.7 Billion by 2032, Fueled by a 16.1% CAGR
Speaking Up : Automotive Voice Recognition System Market Set to Reach $14.7 Bill …
According to a new report published by Allied Market Research, titled, "Automotive Voice Recognition System Market," 𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐚𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐯𝐨𝐢𝐜𝐞 𝐫𝐞𝐜𝐨𝐠𝐧𝐢𝐭𝐢𝐨𝐧 𝐬𝐲𝐬𝐭𝐞𝐦 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐢𝐳𝐞 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 $𝟑.𝟒 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟐, 𝐚𝐧𝐝 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 $𝟏𝟒.𝟕 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟐, 𝐠𝐫𝐨𝐰𝐢𝐧𝐠 𝐚𝐭 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟏𝟔.𝟏% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟑 𝐭𝐨 𝟐𝟎𝟑𝟐. 𝐅𝐮𝐭𝐮𝐫𝐢𝐬𝐭𝐢𝐜 𝐓𝐫𝐞𝐧𝐝𝐬 𝐚𝐧𝐝 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 Key trends impacting the automotive voice recognition system market: > 𝐄𝐧𝐡𝐚𝐧𝐜𝐞𝐝 𝐔𝐬𝐞𝐫 𝐄𝐧𝐠𝐚𝐠𝐞𝐦𝐞𝐧𝐭 - The automotive industry prioritizes user satisfaction,
Electric Truck Market to Reach $3.86 Billion by 2030 with a 26.4% CAGR - Industry Report
Electric Truck Market to Reach $3.86 Billion by 2030 with a 26.4% CAGR - Industr …
Allied Market Research (AMR) has recently published a comprehensive report entitled "Electric Truck Market." According to a research report, 𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐞𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐭𝐫𝐮𝐜𝐤 𝐦𝐚𝐫𝐤𝐞𝐭 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 $𝟑𝟗𝟐.𝟑 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟎, 𝐚𝐧𝐝 𝐢𝐬 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 $𝟑,𝟖𝟔𝟏.𝟖 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟎, 𝐫𝐞𝐠𝐢𝐬𝐭𝐞𝐫𝐢𝐧𝐠 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟐𝟔.𝟒% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟏 𝐭𝐨 𝟐𝟎𝟑𝟎. This research report provides a qualitative and quantitative analysis of recent technological developments, market dynamics, segmental analysis, regional analysis, key investment

All 5 Releases


More Releases for CAGR

Cat Litter Box Market | CAGR of 9.1% | Revenue & CAGR of 9.1%
Cat Litter Box Market Report provides precise data about the market size, commercialization aspects and revenue forecast of the industry. The global Cat Litter Box market offers a historical factsheet relevant to the strategic mergers, acquirements, joint venture activities, and partnerships spread in the Cat Litter Box market. The most advanced data has been presented in the study on the revenue numbers, product details, and sales of the major firms.
Predictive Analytics Market Growing at Strong CAGR of CAGR of 25.31% 2019
Predictive analytics helps to extract information from the existing data. It helps in understanding the pattern and predict the trend or future for the organization. It uses what-if scenarios to predict possible risks involved in the future. Predictive analytics also helps in the optimization of the marketing campaigns and understanding of the customer behaviour for increasing the end-user response and to reduce the churn. Predictive analytics is segmented into: Risk management:
Global Absorption Chillers Market Reflecting a CAGR of 7.6% CAGR through 2025
The demand for thermally-driven chillers in multiple industrial verticals is poised to grow in the immediate future. Considering the rising demand for electrical chillers in commercial, residential as well as industrial settings, the adoption of absorption chillers will gain traction at considerable rate. By consuming lesser energy than conventional electrical chillers, absorption chillers will also garner surplus demand for not using ozone-depleting chlorofluorocarbons (CFC) for chilling purposes. Persistence Market Research’s
Aircraft Sensors Market Growing at a CAGR of 6.4% CAGR By 2022
The global aircraft sensors market is forecasted to receive a strong push in its growth momentum on the back of advancements in technologies, massive investments forwarded by private equity groups, and the elevation in the demand for aircraft. Adherence to the requirements and regulations of authorities such as local aircraft regulatory bodies and the Federal Aviation Administration (FAA) could pamper the growth of the market. Nonetheless, there could be more
China Baby Diapers Market Reflecting a CAGR of 19.1% CAGR 2012-2017
The increasing birth rate in China has proven to be a boon for the country’s baby diaper’s market. To provide a comprehensive analysis of the growth trajectory exhibited by the China baby diapers market and study the impact of the dynamic regulatory policies on the market, Transparency Market Research (TMR) has published a report, titled “Baby Diapers Market - China Industry Analysis, Market Size, Share, Growth, Trends And Forecast, 2012
Ecg Device Market Register a CAGR Growth of 4.1% CAGR by 2024
This region holds highest market share over the forecast period (2016-2024) and is expected to exhibit slow growth rate. The Asia Pacific is expected to be the fastest-growing region for ECG devices owing to its increasing incidence rate of cardiovascular diseases and high population. ECG devices are experiencing a paradigm technological shift from resting ECG systems to portable Holter monitoring systems, owing to their advantages of patient mobility, low prices and