Protein supplements market : Segmented by Type (Casein, Whey Protein, Egg Protein, Soy Protein Others); By (Form, Powder, RTD Liquid, Protein Bars); By Source (Animal, Plant); By Distribution Channel (Supermarkets, Online Stores, Direct to Customers (DTC), Others) and Region – Global Analysis of Market Size, Share & Trends for 2019–2020 and Forecasts to 2030
174+ Research Report Protein supplements market to surpass USD 41.84 billion by 2030 from USD 18.91 billion in 2020 at a CAGR of 8.27% in the coming years, i.e., 2021-30. Product Overview Prote... もっと見る
Summary174+ Research Report Protein supplements market to surpass USD 41.84 billion by 2030 from USD 18.91 billion in 2020 at a CAGR of 8.27% in the coming years, i.e., 2021-30.Product Overview Protein is an important nutrient and the body's second most abundant component after water. Protein supplements are concentrated protein sources derived from animals or plants, such as dairy, eggs, wheat, soybean, pea, and others. Powders, bars, and ready-to-drink (RTD) beverages are the three most common forms they take. Protein powder is a popular protein supplement that comes in a variety of forms, including protein concentrates, isolates, and hydrolysates. These items are used by people who want to gain muscle, maintain their body mass, or reduce weight. People also use protein supplements to get the energy and vitamins they need during intense workouts, as well as to make up for the minerals and vitamins they lose when they eat less. Market Highlights Protein supplements market is expected to project a notable CAGR of 8.27% in 2030 Due to the rising adoption of healthier, more active lifestyles, the market size is anticipated to rise significantly during the forecast period. More individuals are pursuing appropriate nutrition levels as a result of increased engagement in fitness and sports activities, fueling demand for health and muscle-building products. Recent highlights in the Protein supplements market In April 2021, Eligo Bioscience and GlaxoSmithKline have formed a research collaboration. Eligobiotics' acne vulgaris therapy uses cutting-edge CRISPR-based therapeutic technology. This strategic partnership is anticipated to speed up research and development operations, giving the firm a competitive advantage. In 2019, PlantFuel, a plant-based nutritional supplement company, has signed a retail distribution agreement with GNC to deliver its products to over 2,300 GNC locations as well as the company's website. Protein supplements market: Segments Whey protein segment to grow with the highest CAGR during 2020-30 Protein supplements market is segmented by Type into casein, whey, egg, soy, and others. Among these, the whey category is expected to hold the highest CAGR in the forecast period. Whey protein has long been popular among athletes and bodybuilders since it aids in general body growth and muscle growth. The surge in demand for sports nutrition products, as well as the value-added tag of clean label components, are the two primary drivers driving the market's overall growth. Male segment to grow with the highest CAGR during 2020-30 Protein supplements market is segmented by Gender into Male and Female. Among these, the male category is expected to continue holding the highest CAGR in the forecast period. When it comes to health and nutrition, the male category is the most performance-oriented. Protein nutrition is sought by males in order to improve their performance. To support their high-intensity activity or workout, the male sector seeks additional power and energy. As a result, males consider having both pre and post-workout supplementation. Market Dynamics Drivers High demand among youngsters The increased proclivity of younger generations, particularly millennials, for balanced meals and healthy consumption is one of the main factors driving the protein supplement industry's rise. Millennials are much more health-conscious and aware, which has resulted in a huge increase in dietary supplement usage among them. Increasing disposable income of consumers Due to rising disposable income and improved financial stability, consumer spending on different protein and associated supplements, including ready-to-drink protein-based pediatric milk formulas, has increased in recent years. Due to increased health care awareness, weight worries, and the capacity to spend on different things such as protein bars and other supplements, people are projected to spend on these products and driving the market growth. Restraint Availability of cost-effective alternatives cost-effective local products like ayurvedic supplements are available in the market which is restricting the overall growth of the market. Protein supplements: Key Players Glanbia plc Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis MusclePharm Abbott CytoSport, Inc. Iovate Health Sciences International, Inc. QuestNutrition The Bountiful Company NOW Foods Transparent Labs Woodbolt Distribution LLC Dymatize Enterprises LLC Protein supplements market: Regions Protein supplements market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East, and Africa. Protein supplements market in North America held the largest market share in the year 2019 and is expected to continue the dominance over the forecast period. This is due to the growing trend of healthy living in the region, along with rising healthcare expenses, which has contributed in the growth and acceptance of the protein supplement market. Consumers are currently adopting the vegan trend, which has resulted in a surge in demand for plant-based proteins, contributing significantly to the market's overall growth. Protein supplements market is further segmented by region into: North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, and Rest of Europe Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – China, Japan, Australia, and Rest of APAC Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA Protein supplements report also contains analysis on: Protein supplements Segments: By Type Casein Whey Protein Egg Protein Soy Protein Others By Gender Male Female By Source Animal Plant By Distribution Channel Supermarkets Online Stores Direct to Customers (DTC) Others Protein supplements Market Dynamics Protein supplements Market Size Supply & Demand Current Market Trends/Issues/Challenges Competition & Companies Involved in the Market Value Chain of the Market Market Drivers and Restraints Protein supplements Market Report Scope and Segmentation Report Attribute Details Market size value in 2021 USD 20.46 billion Revenue forecast in 2030 USD 41.84 billion Growth Rate CAGR of 8.27% from 2021 to 2030 Base year for estimation 2020 Quantitative units Revenue in USD billion and CAGR from 2021 to 2030 Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends Segments covered Type, Gender, Source, Distribution channel, and Region Regional scope North America; Europe; Asia Pacific; Latin America; Middle East & Africa (MEA) Key companies profiled Glanbia plc, MusclePharm, Abbott, CytoSport Inc., Iovate Health Sciences International Inc, QuestNutrition, The Bountiful Company, NOW Foods, Transparent Labs, Woodbolt Distribution LLC, Dymatize Enterprises LLC, and Other Prominent Players. Frequently Asked Questions How big is the Protein supplements market? What is the Protein supplements market growth? Which segment accounted for the largest Protein supplements market share? Who are the key players in the Protein supplements market? What are the factors driving the Protein supplements market? Table of ContentsContents1. Executive Summary 2. Protein supplements market 2.1. Product Overview 2.2. Market Definition 2.3. Segmentation 2.4. Assumptions and Acronyms 3. Research Methodology 3.1. Research Objectives 3.2. Primary Research 3.3. Secondary Research 3.4. Forecast Model 3.5. Market Size Estimation 4. Average Pricing Analysis 5. Macro-Economic Indicators 6. Market Dynamics 6.1. Growth Drivers 6.2. Restraints 6.3. Opportunity 6.4. Trends 7. Correlation & Regression Analysis 7.1. Correlation Matrix 7.2. Regression Matrix 8. Recent Development, Policies & Regulatory Landscape 9. Risk Analysis 9.1. Demand Risk Analysis 9.2. Supply Risk Analysis 10. Protein supplements Market Analysis 10.1. Porters Five Forces 10.1.1. Threat of New Entrants 10.1.2. Bargaining Power of Suppliers 10.1.3. Threat of Substitutes 10.1.4. Rivalry 10.2. PEST Analysis 10.2.1. Political 10.2.2. Economic 10.2.3. Social 10.2.4. Technological 11. Protein supplements Market 11.1. Market Size & forecast, 2020A-2030F 11.1.1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 11.1.2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12. Protein supplements Market: Market Segmentation 12.1. By Regions 12.1.1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.2. Europe: (Germany, UK, France, Italy, Spain, and Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.3. Asia-Pacific: (China, India, Japan, Australia and Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.4. Latin America: (Brazil, Mexico, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.1.5. Middle East and Africa, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2. By Type: Market Share (2020-2030F) 12.2.1. Casein, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2.2. Whey Protein, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2.3. Egg Protein, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2.4. Soy protein, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.2.5. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.3. By Gender: Market Share (2020-2030F) 12.3.1. Male, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.3.2. Female, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.4. By Source: Market Share (2020-2030F) 12.4.1. Animal, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.4.2. Plant, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.5. By Distribution Channel: Market Share (2020-2030F) 12.5.1. Inflammatory Acne, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.5.2. Non-Inflammatory Acne, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.6. By Distribution Channel: Market Share (2020-2030F) 12.6.1. Supermarkets, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.6.2. Online stores, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.6.3. DTC, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 12.6.4. Others, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F 13. Company Profile 13.1. Glanbia plc 13.1.1. Company Overview 13.1.2. Company Total Revenue (Financials) 13.1.3. Market Potential 13.1.4. Global Presence 13.1.5. Key Performance Indicators 13.1.6. SWOT Analysis 13.1.7. Product Launch 13.2. MusclePharm 13.3. Abbott 13.4. CytoSport, Inc. 13.5. Iovate Health Sciences International, Inc. 13.6. QuestNutrition 13.7. The Bountiful Company 13.8. NOW Foods 13.9. Transparent Labs 13.10. Woodbolt Distribution LLC 13.11. Dymatize Enterprises LLC Consultant Recommendation **The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
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