Animal Based Protein Supplements Market Report 2023 : By CAGR, Industry Growth, Competition Analysis | Glanbia plc, Abbott Laboratories, CytoSport Inc., MusclePharm Corporation, AMCO Proteins

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

The Business Research Company's Animal Based Protein Supplements Global Market Report 2023 identifies increasing number of health-conscious consumers as the major driver for the Animal Based Protein Supplements market's growth in the forecast period. The number of people focusing on their health and nutrition has been increasing globally in recent years, due to which people are more aware of completing the daily protein requirement and its importance in bodily functions. To complete the protein requirement, people are moving towards animal-based protein supplements, which in turn are resulting in the growth of the demand for animal-based protein supplements. For instance, in March 2022, according to Avendus Capital, an India-based financial services firm, consumers who are concerned about their health are predicted to increase from 108 million in 2020 to 176 million in 2026.

The global animal based protein supplements market size grew from $25.59 billion in 2022 to $28.02 billion in 2023 at a compound annual growth rate (CAGR) of 9.5%. 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 animal based protein supplements market size is expected to grow to $40.07 billion in 2027 at a CAGR of 9.4%.

Download Free Sample Of Animal Based Protein Supplements Market Report
https://www.thebusinessresearchcompany.com/sample.aspx?id=7315&type=smp

Major competitors in the Animal Based Protein Supplements market are Glanbia plc, Abbott Laboratories, CytoSport Inc., MusclePharm Corporation, Iovate Health Sciences International Inc., AMCO Proteins, WOODBOLT DISTRIBUTION LLC, Quest Nutrition, NOW Foods, Transparent Labs, The Bountiful Company, Dymatize Enterprises LLC, BPI Sports LLC, JymSupplementScience, RSP Nutrition, and International Dehydrated Foods Inc.

A key trend in the Animal Based Protein Supplements market includes product innovations. Major companies operating in the animal-based protein supplement market are focused on developing new technological solutions to strengthen their position in the market. For instance, in 2021, GoodSport Nutrition, a US-based healthy sports drink manufacturing company, launched the GoodSport sports drink, a first-of-its-kind natural sports drink made from 97% dairy. The drink delivers three times more electrolytes and 33% less sugar than a conventional sports drink. According to the firm, research has shown that milk hydrates more effectively than other sports beverages and water.

Read More On The Global Animal Based Protein Supplements Market Report Here:
https://www.thebusinessresearchcompany.com/report/animal-based-protein-supplements-global-market-report

The Animal Based Protein Supplements market is segmented -

By Product: Protein Powder, Protein Bars, Ready-To-Drink, Other Products

By Raw Materials: Whey, Casein, Egg, Fish, Other Raw Materials

By Application: Pharmaceuticals and Nutraceuticals, Food and Beverages, Infant Formulations, Cosmetics and Personal Care, Animal Feed, And Dietary Supplements

By Distribution Channel: Supermarkets And Hypermarkets, Online Stores, Chemists or Drugstores, Specialty Stores, Other Distribution Channels

By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Animal Based Protein Supplements market.

The Business Research Company's "Global Animal Based Protein Supplements Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

Explore Buying Options For The Animal Based Protein Supplements Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7315

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

Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx

Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.

This release was published on openPR.