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Protein Supplements Market is expected to undergo a CAGR of 10.50% during the forecast period of 2021 to 2029.

09-24-2024 04:41 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Data Bridge Market Research Private Ltd

/ PR Agency: Data Bridge Market Research
"Protein Supplements Market Size And Forecast by 2031

Data Bridge Market Research analyses that the Global Protein Supplements Market which was USD 8.83 Billion in 2021 is expected to reach USD 19.63 Million by 2029 and is expected to undergo a CAGR of 10.50% during the forecast period of 2021 to 2029. Protein Supplements Market report provides a holistic evaluation of the market. The report offers comprehensive analysis of Size, Share, Scope, Demand, Growth, Value, Opportunities, Industry Statistics, Industry Trends, Industry Share, Revenue Analysis, Revenue Forecast, Future Scope, Challenges, Growth Drivers, leaders, graph, insights, Research Report, companies, overview, outlook and factors that are playing a substantial role in the market.

Global Protein Supplements Market Segmentation Analysis
Global Protein Supplements Market, By Type (Whey Protein, Soy Protein, Casein Protein, Egg Protein, Pea Protein, Others), Source (Plant-Based, Animal-Based), Form (Ready to Drink, Protein Powder, Protein Bar, Others), Gender (Male, Female), Age Group (Millennials, Geneartion X, Baby Boomers), Application (Sports Nutrition, Functional Food), Distribution Channel (Supermarkets and Hypermarkets, Drug Stores, Online, Convenience Stores, Specialist Sport Store, Health and Nutritionist Stores, Others) - Industry Trends and Forecast to 2029

Get a Sample PDF of Report - https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-protein-supplements-market

Which are the top companies operating in the Protein Supplements Market?

The "Global Protein Supplements Market "study report will provide a valuable insight with an emphasis on the global market. The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the Protein Supplements Market extension. This Protein Supplements Market report provides the information of the Top 10 Companies in Protein Supplements Market in the market their business strategy, financial situation etc.

**Segments**

- By Product Type: Whey Protein, Casein Protein, Soy Protein, Pea Protein, Rice Protein, Others
- By Source: Animal-based, Plant-based
- By Distribution Channel: Online Retail, Supermarkets/Hypermarkets, Health Stores, Others
- By Application: Sports Nutrition, Functional Foods, Beverages, Others
- By End-user: Adults, Pediatric, Geriatric

Looking at the global protein supplements market, it is poised for significant growth during the forecast period of 2021 to 2029. The market is segmented based on product type, source, distribution channel, application, and end-user. In terms of product type, whey protein holds a significant share due to its popularity among fitness enthusiasts and athletes. However, other types such as soy protein and pea protein are gaining traction among consumers seeking plant-based options. The market is also segmented by source, with both animal-based and plant-based protein supplements witnessing increased demand. In terms of distribution channels, online retail is experiencing rapid growth, driven by the convenience and wide product range available to consumers. The application segment includes sports nutrition, functional foods, and beverages, with sports nutrition being the dominant segment due to the rising health consciousness among consumers. Furthermore, the end-user segment caters to adults, pediatric, and geriatric populations, with each having specific needs and preferences in protein supplementation.

**Market Players**

- Glanbia plc
- AMCO Proteins
- Abbott
- GNC Holdings
- MusclePharm
- Iovate Health Sciences International Inc.
- Transparent Labs
- NOW Foods
- MuscleTech
- Quest Nutrition

Key market players in the global protein supplements market include industry leaders such as Glanbia plc, AMCO Proteins, Abbott, GNC Holdings, and MusclePharm. These companies have a strong presence in the market and offer a diverse range of protein supplements catering to different consumer needs. Other notable players include Iovate Health SciencesThe global protein supplements market is highly competitive and dynamic, with key players continuously striving to innovate and cater to the evolving consumer preferences. Glanbia plc is a prominent player in the market, known for its high-quality whey protein products and strategic partnerships with sports nutrition brands. AMCO Proteins specializes in providing custom protein solutions to meet the specific requirements of its clients, positioning itself as a key player in the B2B segment of the market. Abbott offers a diverse portfolio of protein supplements catering to different age groups and health needs, leveraging its strong brand presence in the healthcare industry. GNC Holdings, a renowned retailer of health and wellness products, has a wide distribution network that gives it a competitive edge in reaching consumers across various regions.

MusclePharm is a well-known brand among fitness enthusiasts, offering a range of protein supplements targeted at muscle recovery and performance enhancement. Iovate Health Sciences International Inc., the parent company of the MuscleTech brand, focuses on research-driven product development to deliver innovative protein supplements that resonate with consumers. Transparent Labs differentiates itself in the market by emphasizing transparency in ingredient sourcing and product efficacy, appealing to consumers looking for clean and reliable protein supplements. NOW Foods positions itself as a leading provider of natural and organic protein supplements, capitalizing on the growing demand for clean-label products in the health and wellness industry. Quest Nutrition is recognized for its protein bars and shakes, offering convenient and nutritious options for consumers on the go.

The global protein supplements market is witnessing significant growth, driven by several key factors. The increasing awareness about the importance of protein in maintaining overall health and fitness has led to a growing demand for protein supplements among consumers across different age groups. Additionally, the rise in disposable income in emerging markets has contributed to the market expansion as consumers are willing to spend more on health and wellness products. The shift towards plant-based protein supplements is another trend shaping the market, driven by concerns related to sustainability, animal welfare, and health considerations among consumers.

Market players are focusing**Market Players**

Glanbia plc. (Ireland), Now Health Group, Inc. (U.S.), Nutiva Inc (U.S.), The Simply Good Food Co (U.S.), Iovate Health Sciences International Inc. (Canada), MusclePharm Corporation (U.S.), Kerry Group Plc (Ireland), CytoSport, Inc. (U.S.), The Nature's Bounty Co. (U.S.), Reliance Vitamin Company, Inc. (U.S.), Herbalife Nutrition, Inc. (U.S.), Danone SA (France), GNC Holdings, LLC (U.S.), Orgain Inc. (U.S.), and True Nutrition (U.S.)

The global protein supplements market is experiencing robust growth, driven by various factors such as the increasing awareness of the benefits of protein consumption, a rise in disposable income, and the growing trend towards plant-based alternatives. Market players are actively responding to these trends by introducing innovative products and expanding their market presence. Glanbia plc, a leading player in the market, continues to excel in offering high-quality whey protein products and leveraging strategic partnerships to enhance its product offerings. Now Health Group, Inc. is focusing on providing natural and organic protein supplements to cater to the demand for clean-label products, aligning with the growing consumer preference for transparency and sustainability.

Nutiva Inc. is another key player striving to meet the market demand for plant-based protein supplements, with a focus on quality and sustainability in sourcing ingredients. The Simply Good

Explore Further Details about This Research Protein Supplements Market Report https://www.databridgemarketresearch.com/reports/global-protein-supplements-market
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Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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