The global protein supplements market is projected to exhibit a significant growth, at a CAGR of around 7.0%, during the forecast period. The demand for protein supplements is continuously increasing across the globe due to the rising consciousness amongst public related to health. The increasing trend for physical exercise has significantly stimulated the market growth across the globe. Moreover, the rising disposable income and continuous growth in the health and fitness centers, such as gym, have been offering growth to the protein supplements market. Realizing these factors, many new entrants as well as other dietary supplements market players are launching newer and novel products in the global market. In the past 2-3 years, a number of protein supplement products are launched in India-
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The global protein supplements market is projected to grow at a modest CAGR of nearly 5.8% during the forecast period (2021-2027). The primary factor driving the protein supplements market is the increasing popularity of protein supplements in the millennials and the rising importance of an active and healthy lifestyle. Further, the growing awareness regarding the health benefits provided by protein supplements is another major factor propelling the growth of the market. Further, increasing disposable income, shift towards protein-rich diets, and increasing health awareness are some factors accelerating the market growth.
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Company Profiles
Havero Hoogwegt
International Dehydrated Foods, Inc.
Iovate Health Sciences International, Inc.
MusclePharm Corp.
NOW Foods
Optimum Nutrition, Inc.
Rousselot
RSP Nutrition
The Bountiful Co.
Transparent Labs
Woodbolt Distribution LLC
Market Segmentation
Global Protein Supplements Market by Source
Animal Based
Plant Based
Global Protein Supplements Market by Product
Powder
Bars
Ready-to-Drink
Others
Global Protein Supplements Market by Application
Sports Nutrition
Functional Food
Global Protein Supplements Market by Distribution Channel
Online Distribution Channel
Supermarket and Hypermarket
Market Segmentation
Global Protein Supplements Market– Segmentation by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
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