Market Overview
CRI has released a report titled Protein Supplements Market – Analysis of Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2031. The market is anticipated to reach USD 34.67 billion by 2030 at CAGR of4.5 % over the period from 2021 to 2030. . According to the report, emphasizes on the detailed understanding of some decisive factors such as size, share, sales, forecast trends, supply, production, demands, industry and CAGR in order to provide a comprehensive outlook of the global market

Protein Supplements Market Market: Key Players

Amway Corporation,
GlaxoSmithKline (GSK),
ABH Pharma Inc.,
Glanbia Group,
Abbott Laboratories,
Vitaco Health Limited,
GNC Holdings, Inc.,
Herbalife International of America, Inc.,
Makers Nutrition,
and Suppleform.

Segmentation
The global Protein Supplements Market is segmented as follows:

By Distribution Channel

Supermarkets & Hypermarkets
Online Stores
Drug Stores
By Product

Ready To Drink
Ready To Eat
By Source

ANIMAL
Plant
By Raw Material

Casein Protein Supplements
Whey Protein Supplements
Egg Protein Supplements
MPC Protein Supplements
Soy Protein Supplements

Protein Supplements Market Market Dynamics
Protein Supplements Market Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
COVID-19 pre and post business impact analysis
Detailed overview of the parent market
Changing market dynamics in the industry
In-depth market segmentation
What is the Protein Supplements Market Market growth?
Which segment accounted for the largest Protein Supplements Market Market share?
Who are the key players in the Griddles Market?
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint
Note: Although care has been taken to maintain the highest levels of accuracy in CRI’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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The post Global Protein Supplements Market Analysis and Forecast Report 2030 first appeared on CRI 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 market: 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 market 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?

The post Global Protein supplements Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030 first appeared on CRI Report.

Health Supplements Market in India – Key Growth Factors
Growing awareness about the benefits of protein supplements, coupled with increasing health consciousness among Indians are playing a strong role in the growth of the market. Increasing consumer interest in eating healthy is leading to higher consumption of dietary supplements such as vitamin, mineral, botanical, and protein to meet recommended dietary allowances. Moreover, growth of the e-commerce industry has made protein supplements more accessible. Dedicated online stores that specialize in selling health supplements have been instrumental in widening the product range available in the country, and has increased the penetration of protein supplements to smaller towns and cities.

What’s covered in the report?

Overview of the global and Indian nutraceuticals market, and current and forecasted market size data over 2015 to 2020
Overview of the dietary supplements market in India, and current and forecasted market size data over 2015 to 2020
Overview of the protein supplements market in India, and current and forecasted market size data over 2015 to 2020
Trade analysis of protein supplements in India
Qualitative analysis of the major drivers and challenges affecting the market
Analysis of the competitive scenario in the market and profiles of major companies operating in the market
Key insights on consumers perception about protein supplements, and their purchasing habits

Why Buy?

Get a broad understanding of the nutraceutical, dietary supplements and protein supplements markets in India
Get access to exact numbers, including the growth forecast in global and India markets, market share of the key types of supplements, and more
Gain knowledge about the protein supplement market in India, and make informed decisions involving marketing, market-entry, market expansion and other business plans
Identify key growth drivers in the market and make informed decisions to benefit from them and increase profitability
Understand major competitors’ business and market dynamics, and respond accordingly
Gain key insights regarding consumers’ purchasing pattern, their preferences, and main factors influencing their decisionsIntroduction
Slide 1: Nutraceuticals – Definition and Structure
Slide 2: Dietary Supplements – Definition and Structure

Market Overview
Slide 3: Global Nutraceutical Market – Market Overview, Size and Growth (2015 – 2020e) and Region-Wise Split
Slide 4: Nutraceutical Market in India – Market Overview, Size and Growth (2015 – 2020e) and Market Segmentation
Slide 5: Dietary Supplements Market in India – Market Overview, Size and Growth (2015 – 2020e) and Protein Supplements Market in India – Market Overview, Size and Growth (2015 – 2020e)

Trade Analysis
Slide 6: Export of Protein Concentrates and Textured Protein Substances – Size (Value-Wise: FY 2013 – FY 2016); and Volume-Wise: FY 2013 – FY 2016)
Slide 7: Export of Protein Concentrates and Textured Protein Substances – Country-Wise Segmentation (Value-Wise: FY 2015 and FY 2016; and Volume-Wise: FY 2015 and FY 2016)
Slide 8: Import of Protein Concentrates and Textured Protein Substances – Size (Value-Wise: FY 2013 – FY 2016); and Volume-Wise: FY 2013 – FY 2016)
Slide 9: Import of Protein Concentrates and Textured Protein Substances – Country-Wise Segmentation (Value-Wise: FY 2015 and FY 2016; and Volume-Wise: FY 2015 and FY 2016)
Slide 10: Export of Whey, Whether or Not Concentrated or Containing Added Sugar or Other Sweetening Matter; Products Consisting of Natural Milk Constituents, Whether or Not Containing Added Sugar or Other Sweetening Matter – Size (Value-Wise: FY 2013 – FY 2016); and Volume-Wise: FY 2013 – FY 2016)
Slide 11: Export of Whey, Whether or Not Concentrated or Containing Added Sugar or Other Sweetening Matter; Products Consisting of Natural Milk Constituents, Whether or Not Containing Added Sugar or Other Sweetening Matter – Country-Wise Segmentation (Value-Wise: FY 2015 and FY 2016; and Volume-Wise: FY 2015 and FY 2016)
Slide 12: Import of Whey, Whether or Not Concentrated or Containing Added Sugar or Other Sweetening Matter; Products Consisting of Natural Milk Constituents, Whether or Not Containing Added Sugar or Other Sweetening Matter – Size (Value-Wise: FY 2013 – FY 2016); and Volume-Wise: FY 2013 – FY 2016)
Slide 13: Import of Whey, Whether or Not Concentrated or Containing Added Sugar or Other Sweetening Matter; Products Consisting of Natural Milk Constituents, Whether or Not Containing Added Sugar or Other Sweetening Matter – Country-Wise Segmentation (Value-Wise: FY 2015 and FY 2016; and Volume-Wise: FY 2015 and FY 2016)

Drivers and Challenges
Slide 14: Drivers and Challenges – Summary
Slide 15-18: Market Drivers
Slide 19-20: Market Challenges

Key Trends
Slide 21: Major Trends in the Market

Competitive Landscape
Slide 22-53: Profiles of Major Players

Consumer Insights
Slide 54-60: Key Consumer Insights

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