Protein Supplement Market Key Growth Drivers: Porter's Five Forces Analysis Through 2024-2031 | Glanbia plc, Kerry Group Plc, Nutiva Inc.

The Global Protein Supplements Market reached USD 6.5 billion in 2022 and is expected to reach USD 12.1 billion by 2030, and is expected to grow with a CAGR of 8.1% during the forecast period 2024-2031.

Protein Supplement Market analysis, according to DataM Intelligence, offers more than just an overview, it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the sector, breaking down its intricate dynamics, charting regional dominance, spotting demand patterns, and spotting prospective breakthroughs that could influence how businesses operate in the future.

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The Protein Supplement market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.

The Protein Supplement Market involves the production and consumption of protein-rich products, including powders, bars, and shakes, designed to support muscle growth, recovery, and overall health. These supplements are popular among athletes, fitness enthusiasts, and those seeking weight management solutions. The market is expanding due to the growing health consciousness, increased demand for plant-based protein options, and rising awareness of the benefits of protein for muscle repair, immune support, and aging-related muscle loss. Additionally, innovations in protein sources and flavors are driving consumer interest.

Forecast Growth Projected:

The Global Protein Supplement Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

List of the Key Players in the Protein Supplement Market:

Glanbia plc, Kerry Group Plc, Reliance Vitamin Company, Inc, Herbalife Nutrition, GNC Holdings, LLC, Nutiva Inc, The Simply Good Food Co, Iovate Health Sciences International Inc., MusclePharm Corporation and True Nutrition.

Segment Covered in the Protein Supplement Market:

By Type: Whey Protein, Soy Protein, Casein Protein, Egg Protein, Others.

By Source: Plant-Based, Animal-Based.

By Form: Ready To Drink Liquid, Protein Powder, Protein Bar.

By Application: Human Nutrition Supplement, Animal Nutrition Supplement.

By Distribution Channel: Supermarkets And Hypermarkets, Drug Stores, Online, Others.

Industry Development:

On May 17, 2023, Iovate Health Sciences International Inc., under its Six Star Pro Nutrition brand, partnered with Kellogg Co. to launch a new line of 100% whey protein powders in cereal-inspired flavors. The two initial options, Frosted Flakes and Froot Loops, bring a fun, nostalgic twist to protein supplements, blending the benefits of whey protein with the taste of classic breakfast cereals.

On July 23, 2022, Post Holdings Inc. introduced a new product under its Dymatize brand, the Complete Plant Protein. This plant-based protein supplement is formulated with soy protein and provides 25g of protein per serving, catering to the growing demand for vegan protein options.

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Regional Break out:

The global Protein Supplement Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of Protein Supplement manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 5 & 6: Revenue of Protein Supplement in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.

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Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Protein Supplement market?

➠ Who are the global key manufacturers of the Protein Supplement Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Protein Supplement market opportunities and threats faced by the vendors in the global Protein Supplement Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Protein Supplement market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

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