Press release
Protein Supplements Market Key Players | CytoSport Inc., QuestNutrition LLC, Iovate Health Sciences International Inc
As per the study initiated by Evolve Business Intelligence, the global Protein Supplements Market size accounted for USD 24.3 Billion in 2022, growing at a CAGR of 7.1% from 2023 to 2033. Protein Supplements Market refers to the economic sector and industry that involves the production, distribution, and sale of protein-based nutritional supplements. These supplements are designed to provide an additional source of protein to individuals who may have difficulty meeting their protein requirements through regular dietary intake alone. Protein supplements come in various forms, including protein powders, bars, shakes, and other convenient formats.Factors driving the growth of the protein supplements market include increased awareness of the importance of protein in a balanced diet, rising interest in fitness and active lifestyles, and a growing demand for convenient and easily consumable sources of protein. The market is characterized by a wide range of products offered by various manufacturers, with each product targeting specific consumer preferences, dietary restrictions, or fitness goals. The industry is dynamic, influenced by trends in health and wellness, advancements in nutritional science, and evolving consumer preferences.
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Key Highlights:
• The global Protein Supplements Market size was valued at USD 24.3 billion in 2022 growing at a CAGR of 7.1% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global Protein Supplements Market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges..
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Key Players
Some of the major Protein Supplements Market players holding high market shares include CytoSport Inc., QuestNutrition LLC, Iovate Health Sciences International Inc and The Bountiful Company. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• Glanbia Plc
• MusclePharm
• Abbott
• CytoSport Inc.
• QuestNutrition LLC
• Iovate Health Sciences International Inc
• The Bountiful Company
• AMCO Proteins
• Now Foods
• Transparent Labs
Segmental Analysis
Market Segment By Type
• Casein
• Whey Protein
• Egg Protein
• Soy Protein
Market Segment By Source
• Animal-Based
• Plant-Based
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Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and dataforecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making
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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.
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