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Protein Supplements Market 2022 : Size, Trends, Growth, Insights And Forecast Report 2031 | Glanbia PLC, Amway Corporation, PepsiCo, AMCO Proteins, QuestNutrition

Protein Supplements Market Trends

Protein Supplements Market Trends

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The global protein supplements market report by the business research company identifies the rise in customer preference for food supplements is driving to be a major growth driver for the protein supplements market. Food supplements are intended to make up for among individuals through their regular diet. The desire to lead active and healthy lifestyles has increased participation in sports and fitness activities, driving the demand for food supplements, especially protein supplements. According to the National Library of Medicine, before the pandemic, sales in the United States climbed by 5% ($345 million) from 2018 to 2019. However, sales increased by 44% ($435 million) compared to the same period in 2019 in the six weeks before April 5th, 2020, during the first wave of the pandemic. Thus, an increase in customer preference for food supplements is expected to boost the demand for protein supplements during the forecast period.

The global protein supplements market size is expected to grow from $16.88 billion in 2021 to $18.60 billion in 2022 at a compound annual growth rate (CAGR) of 10.19%. The global protein supplements market size is expected to reach $25.59 billion in 2026 at a CAGR of 8.31%.

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North America was the largest region in the protein supplements market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global protein supplements market during the forecast period. The regions covered in the global protein supplements market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Major players in the protein supplements market are GlaxoSmithKline (GSK), Glanbia PLC, Abbott Laboratories (ABBOTT), Amway Corporation, Herbalife International of America, Inc., PepsiCo, AMCO Proteins, QuestNutrition, GNC Holdings, Maker Nutrition LLC, SUPPLEFORM, Vitaco Health Limited, Garden of Life, Melaleuca, Inc., Atlantic Multipower UK Limited, International Dehydrated Foods, Inc., Scitec Nutrition, and BRF.

The global protein supplements market is segmented -
1) By Type: Protein Powder, Protein Bar, Ready to Drink

2) By Source: Plant-based, Animal-based

3) By Raw Material: Casein Protein Supplements, Whey Protein Supplements, Egg Protein Supplements, MPC Protein Supplements, Soy Protein Supplements

4) By Distribution Channel: Supermarkets and Hypermarkets, Online Stores, Drug Stores

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The Protein supplements Market Report Contents Include
1. Executive Summary
2. Protein Supplements Market Characteristics
3. Protein Supplements Market Trends And Strategies
4. Impact Of COVID-19 On Protein Supplements
5. Protein Supplements Market Size And Growth
....
26. Africa Protein Supplements Market
27. Protein Supplements Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Protein Supplements Market
29. Protein Supplements Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the protein supplements market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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