Protein Supplements Market Is Estimated To Expand At A CAGR Of 6.3% Through 2033

Protein Supplements Market

The Protein Supplements Industry sales study offers a comprehensive analysis on diverse features including production capacities, Protein Supplements demand, product developments, sales revenue generation and Protein Supplements market outlook across the globe.

market research report by Fact.MR, (Leading business and competitive intelligence provider) on global Protein Supplements market sales initiates with an outlook of the market, followed by the scrutiny of the demand and consumption volumes and share and size of various end-use segments

The valuation of the global protein supplements market is US$ 22.3 billion in 2023. Global demand for protein supplements is expected to reach a market valuation of US$ 41.1 billion by 2033, increasing at a CAGR of 6.3% over the next ten years.

Download Sample Copy of This Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=8378

The readability score of the Protein Supplements market demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.

The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.

This Protein Supplements market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Protein Supplements along with key stakeholders as well as emerging players associated with the manufacturing of product.

The Key trends Analysis of Extended Protein Supplements market also provides dynamics that are responsible for influencing the future sales and demand of over the forecast period.

Key Trends: 

  1. Plant-Based Proteins: Plant-based protein supplements, derived from sources like pea, rice, soy, and hemp, were gaining popularity. This trend was driven by the increasing number of vegans and vegetarians, as well as consumers looking for more sustainable and environmentally friendly protein options.
  2. Clean Label and Natural Ingredients: Consumers were becoming more concerned about the ingredients in their supplements. They were looking for products with clean labels, free from artificial additives, preservatives, and allergens. Natural and organic protein supplements were in high demand.
  3. Functional Protein Supplements: Protein supplements with added functional benefits, such as probiotics, prebiotics, vitamins, and minerals, were gaining traction. These products catered to consumers looking for holistic health solutions.
  4. Personalization: Personalized nutrition was becoming a significant trend. Companies were offering customized protein supplements based on an individual’s specific dietary needs, fitness goals, and health conditions.
  5. Online Retailing: The e-commerce channel was experiencing robust growth in the protein supplements market. Online retailers and direct-to-consumer brands were capitalizing on convenience and a wider reach to consumers.
  6. Sports Nutrition: Protein supplements remained popular among athletes, bodybuilders, and fitness enthusiasts. The market continued to see innovation in sports nutrition products, including protein bars, shakes, and powders.
  7. Collagen Supplements: Collagen, a protein known for its benefits to skin, hair, and joint health, was seeing a surge in popularity. Collagen supplements in various forms, such as powders, capsules, and gummies, were widely available.
  8. Transparency and Quality Assurance: Consumers were increasingly looking for transparency in the manufacturing and sourcing of protein supplements. Quality assurance, including third-party testing and certifications, was crucial to building trust among consumers.
  9. Sustainability: Sustainability was an emerging concern in the protein supplements market. Companies were exploring eco-friendly packaging options and sustainable sourcing of ingredients to meet consumer demands for environmentally responsible products.
  10. Regulatory Changes: Regulatory changes and stricter quality standards were impacting the market. Compliance with labeling regulations and quality control became more critical for companies operating in this space.

Key Companies Profiled

  • Abbott Laboratories
  • Amway Corporation
  • General Nutrition Centers, Inc.
  • Glanbia PLC
  • Post Holdings, Inc.
  • MusclePharm Corporation
  • Transparent Labs
  • Dymatize Enterprises LLC

Competitive Landscape

Key providers of protein supplements are increasing their spending on expanding their footprints around the world and strengthening their supply chain management systems. Manufacturers are aiming to deliver quality products to their target consumers and adhere to set guidelines for quality control and environmental protection.

Key suppliers of protein supplements are Abbott Laboratories, Amway Corporation, General Nutrition Centers, Inc., Glanbia PLC, Post Holdings, Inc., MusclePharm Corporation, Transparent Labs, and Dymatize Enterprises LLC.

Segmentation of Protein Supplements Industry Research

  • By Product :
    • Protein Powders
    • Ready-to-Drink Beverages
    • Protein Bars
    • Others
  • By Source :
    • Animal-based
    • Plant-based
  • By Distribution Channel :
    • Online Stores
    • Supermarkets & Hypermarkets
    • Direct to Customers
    • Others
  • By Application :
    • Sports Nutrition
    • Functional Foods
  • By Region :
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa

Get Full Access of Complete Report:
https://www.factmr.com/checkout/8378

Contact:
US sales Office :
Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com