Protein Supplement Market Booms Rapidly To 2031 | Herbalife Nutrition, GNC Holdings, LLC, Nutiva Inc, The Simply Good Food Co

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

The Protein Supplement Market Report by DataM Intelligence delivers comprehensive insights into key market trends, growth drivers, and emerging challenges. With a focus on providing actionable intelligence, DataM Intelligence enables businesses to make informed strategic decisions and maintain a competitive edge. Leveraging both qualitative and quantitative research methodologies, the report offers in-depth analysis to help clients navigate complex market dynamics, identify new opportunities, and accelerate growth in today's rapidly evolving global landscape.

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Protein supplements are nutritional products designed to boost protein intake, typically used for muscle building, weight management, and overall health support. Common forms include whey, casein, soy, pea, and plant-based proteins. The market is driven by rising fitness awareness, sports nutrition demand, vegan and clean-label trends, and growing e-commerce distribution.

List of the Market 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.

Industry News:

On March 11, 2023, Prorganiq launched its Best Whey Tasting Protein Supplement in India, quickly becoming a popular choice among fitness enthusiasts. Specially formulated to boost carbohydrate, healthy fat, and protein intake during workouts, it aims to maximize performance for athletes and gym-goers.

On May 17, 2023, Iovate Health Sciences International Inc., through its brand Six Star Pro Nutrition, partnered with Kellogg Co. to release a new line of 100% whey protein powders inspired by classic cereals. The range includes two nostalgic and flavorful options: Frosted Flakes and Froot Loops.

Research Methodology:

The global Protein Supplement Market research report utilizes both primary and secondary data sources to provide a well-rounded analysis. Throughout the research process, various influential factors are assessed-including regulatory frameworks, current market dynamics, historical trends, competitive landscape, technological progress, upcoming innovations, and related industry developments. The report also considers market volatility, growth prospects, potential barriers, and emerging challenges to offer a comprehensive view of the market environment.

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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

Regional Analysis for Protein Supplement Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➤ What are the global sales, production, consumption, import, and export figures for the Protein Supplement market?
➤ Who are the key players, and how do they perform in terms of capacity, output, pricing, and revenue?
➤ What major opportunities and challenges exist for vendors in this market?
➤ Which product types and end-user segments show the most growth potential and market share?
➤ What are the main growth drivers and restraints in the Protein Supplement market?
➤ What sales, marketing, and distribution channels are commonly used?

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