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Protein Supplements Market 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

09-25-2024 10:43 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 Segmentation: Identifying Core Segments

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

Protein Supplements Market CAGR Etimation

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

Explore Further Details about This Research Protein Supplements Market Report https://www.databridgemarketresearch.com/reports/global-protein-supplements-market

Protein Supplements Market Growth or Demand Increase or Decrease for What Contains:

**Market Analysis of Protein Supplements Market:**

The global protein supplements market witnessed significant growth in 2021, driven by increasing health awareness among consumers, rise in fitness trends, and growing demand for protein-rich diets. The market size in 2021 was valued at a substantial figure and is projected to exhibit a robust CAGR through 2029. Several factors like changing lifestyles, emphasis on maintaining physical fitness, and the popularity of sports and athletics are expected to fuel market growth during the forecast period.

**Segments:**

- By Product Type: Whey Protein, Casein Protein, Soy Protein, Pea Protein, Others
- By Distribution Channel: Supermarkets/Hypermarkets, Health Stores, Online Retailers, Others
- By Application: Sports Nutrition, Functional Foods, Others
- By Region: North America, Europe, Asia Pacific, Latin America, Middle East & Africa

**Market Players:**

- Glanbia plc
- Abbott Laboratories
- Herbalife International of America, Inc.
- Amway
- GlaxoSmithKline plc
- Iovate Health Sciences International Inc.
- MusclePharm
- Nature's Bounty Co.
- NOW Foods
- Quest Nutrition
- Transparent Labs
- MuscleTech
- Dymatize Enterprises LLC
- Rule One Proteins
- Isopure Company, LLC
- CytoSport, Inc.
- Premier Nutrition Corporation
- Weider Global Nutrition
- Universal Nutrition
- ProMeraSports

https://www.databridgemarketresearch.com/reports/global-protein-supplements-marketThe protein supplements market is experiencing rapid growth due to a multitude of factors that are influencing consumer behavior and preferences. One key driver of this growth is the increasing awareness among individuals about the importance of maintaining a healthy lifestyle and the role that protein plays in achieving fitness goals. With the rise in health and wellness trends, more people are turning to protein supplements to meet their dietary needs and support their fitness routines. This shift in consumer mindset has created a lucrative opportunity for market players to capitalize on the growing demand for protein-rich products.

Moreover, the expansion of the fitness industry and the proliferation of sports and athletic activities have further boosted the demand for protein supplements. Athletes, bodybuilders, and fitness enthusiasts are increasingly incorporating protein supplements into their diets to enhance muscle growth, improve performance, and aid in muscle recovery. The evolving consumer preferences towards natural and plant-based protein sources have also led to the introduction of a wide range of protein supplements derived from sources such as soy, pea, and whey. This diversification in product offerings is catering to the varied needs and preferences of consumers, driving market growth.

In terms of distribution channels, the shift towards online retailing has provided a significant boost to the protein supplements market. The convenience of purchasing products online, coupled with a wide range of options and competitive pricing, has made e-commerce platforms a popular choice among consumers. Supermarkets, health stores, and specialty stores also continue to play a significant role in the distribution of protein supplements, offering consumers the convenience of accessing products through multiple channels.

On a regional level, North America has been a dominant market for protein supplements, owing to the high fitness consciousness among consumers, the presence of well-established players, and the availability of a diverse range of products. Europe is also witnessing substantial growth in the market, driven by the increasing focus on healthy eating habits and physical fitness. The Asia Pacific region presents immense growth opportunities for market players, fueled by a rising disposable income, changing dietary preferences, and a growing awareness of the benefits of**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.)
- True Nutrition (U.S.)

The global protein supplements market is witnessing robust growth fueled by factors such as increasing health awareness, the rise in fitness trends, and the growing demand for protein-rich diets among consumers worldwide. With a projected strong CAGR through 2029, the market is poised for further expansion. Changing lifestyles, a focus on physical fitness, and the popularity of sports and athletics are expected to drive market growth during the forecast period. The market is segmented based on product type, distribution channels, applications, and regions, offering a comprehensive view of the diverse dynamics influencing market trends.

The increasing awareness of the importance of maintaining a healthy lifestyle and the role of protein in achieving fitness goals is a key driver of market growth. As consumers embrace health and wellness trends, the demand

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Data Bridge Market Research:

Today's trends are a great way to predict future events!

Data Bridge Market Research is a market research and consulting firm known for its innovative and unique approach, coupled with unparalleled resilience and integrated methods. We are committed to identifying prime market opportunities and delivering insightful information to help your business excel in the marketplace. Data Bridge provides customized solutions to complex business challenges, ensuring a seamless decision-making process. Founded in Pune in 2015, Data Bridge is the result of profound wisdom and extensive experience.
Contact Us:

Data Bridge Market Research

US: +1 614 591 3140

UK: +44 845 154 9652

APAC: +653 1251 975

Email:- corporatesales@databridgemarketresearch.com

"

Contact Us:
Data Bridge Market Research
US: +1 614 591 3140
UK: +44 845 154 9652
APAC : +653 1251 975
Email: corporatesales@databridgemarketresearch.com

About Data Bridge Market Research:
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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