Global Protein Powder Market Growth Factors, Opportunities, Upcoming Trends, Segmentation, Challenges

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Protein Powder Market Size, Growth Rate, And Forecast
The global protein powder market size is expected to grow from $23.62 billion in 2022 to $25.23 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global protein powder market size is expected to grow to $32.76 billion in 2027 at a CAGR of 6.7%.

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Protein Powder Market Drivers
A rising number of fitness enthusiasts is expected to propel the protein powder market going forward. Fitness enthusiasts are people who are committed to their physical well-being and who care about their food, viewing it as a vital component of their overall well-being. Fitness enthusiasts use protein powder to aid weight loss and help tone their muscles, thus, an increase in fitness enthusiasts will propel market growth.

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Protein Powder Market Segments
1) By Type: Casein Protein, Whey Protein, Egg Protein, Soy Protein

2) By Flavor: Chocolate, Cookies And Cream, Vanilla, Strawberry, Other Flavors

3) By Sources: Plant Sources, Animal Sources

4) By Distribution Channel: Nutrition Stores, Supermarkets, Chemists, Online, Other Channels

5) By End Use: Dietary Supplements, Food and Beverages, Pharmaceuticals, Other Uses

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Protein Powder Market.

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Protein Powder Market Key Players
Major competitors in the Protein Powder Market include Omega Protein Corporation, Amway Corp., Abbott Laboratories, Glanbia Plc., Herbalife International of America Inc., Vitaco Health Limited, ABH Pharma Inc., GSK Plc., Makers Nutrition LLC, GNC Holdings LLC, Atlantic Multipower UK Limited, Melaleuca Inc., Dalblads Nutrition AB, BPI Sports LLC, MusclePharm Corporation, CytoSport Inc., and NOW Foods

The Business Research Company's "Global Protein Powder Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Protein Powder Market Include:
1. Executive Summary
2. Protein Powder Market Characteristics
3. Protein Powder Market Trends And Strategies
4. Protein Powder Market - Macro Economic Scenario
5. Protein Powder Market Size And Growth
......
26. Africa Protein Powder Market
27. Protein Powder Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Protein Powder Market
29. Protein Powder Market Future Outlook and Potential Analysis
30. Appendix

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