Title: Protein Supplements Market Size & Analysis – Forecasts To 2025
1GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Ankita Roy, Treesha Banerjee and
Liza Dsouza from Global Market Estimates throw
the spotlight on the growing Protein Supplements
Market Market Insights The global protein
supplements market is expected to grow at a CAGR
of more than 6 over the forecast period.
Factors such as increasing health-related
concerns coupled with growing awareness of
consumers to lead an active lifestyle are
anticipated to fuel the market growth. In
addition, rise in obesity rates along with
increase in spending capacities of consumers are
further likely to influence the growth of the
market. However, availability of cheaper
alternatives and side- effects of protein
supplements are likely to restrain the market
growth over the coming years. Moreover,
advancements in the manufacturing of products
containing proteins have a large amount of amino
acids, which is used to target health-related
concerns such as muscle repair, weight loss, and
satiety.
Raw Material Insights On the basis of
raw-materials, the protein supplements market is
segmented into Whey, Casein, Soy, and Pea among
others. Soy protein type is anticipated to grow
at a significant rate due to its properties such
as low-fat content, easy digestibility, and
cholesterol maintenance. Pea protein segment is
anticipated to witness a CAGR of more than 8
over the forecast period due to high consumption
of it among various end users.
2GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Protein Supplements Market Source
Insights The protein supplements market is
classified into animal-based protein and
Plant-based proteins. Animal-based protein
accounted for the dominant revenue share in 2016
due to its high absorption rate, ease of
availability, and the presence of several
essential nutrients such as zinc, vitamin D, DHA,
and vitamin B12. Plant-based proteins are likely
to register a CAGR of 8.5 over the forecast
period on account of its increasing demand
amongst consumers especially vegetarians. Protein
Supplements Market Product Insights Based on
Products, the protein supplements market is
segmented into Protein Bars, RTD, and Protein
Powders, among others. Protein powder product
type recorded the largest revenue share in 2016
and is further likely to witness substantial
growth over the forecast period. Factors such as
strong online sales along with mass distribution
channels are likely to fuel the demand over the
coming years. RTD product segment is also
expected to register a lucrative CAGR due to
growing demand for easy and readily available
protein supplements. Protein Supplements Market
Application Insights On the basis of
application, the protein supplements market is
divided into Sports Nutrition and Functional
Foods. Sports nutrition application segment
accounted for more than 70 of the overall
market revenue in 2016. Factors such as
increasing demand for sports nutritional
supplements to promote lean muscle growth,
enhance performance stamina, and weight
reduction are projected to increase market
demand for this segment. Protein Supplements
Market Distribution Channel Insights The
protein supplements market is classified into
Supermarket, DTC, and Online Stores, based on
distribution channels. Online stores segment
recorded the maximum sales in 2016. The
increasing sale of this segment is attributed to
easy accessibility, convenience, and a large
number of internet users across the
world. Protein Supplements Market Regional
Insights Asia Pacific is expected to grow at a
CAGR of more than 8 over the forecast period.
This growth is attributed to the increase in
demand for protein supplements in emerging
economies. North America accounted for the
dominant revenue share of the global market in
2016 due to increasing demand for protein
supplements from consumers and athletes. The
market in Europe is also anticipated to grow at a
significant rate due to growing demand for
protein supplements from countries such as the UK
and Germany.
3GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Protein Supplements Market End-Use
Landscape The end-use landscape includes a list
of current and prospective consumers prevailing
across the regions. This section provides
company addresses, contact details, products, and
regional presence of companies who are
purchasing or are likely to purchase products
from the protein supplements market. The major
consumers of the product are Kroger Company and
Tesco amongst others.
Protein Supplements Market Competitive
Landscape Key players profiled in the protein
supplement market include are Abbott
Laboratories, ABH Pharma Inc., Amway
Corporation, Glanbia Group, Forever Living Inc.,
Garden of Life, Melaleuca Inc., New Vitality, Nu
Skin Enterprises, Inc., Shaklee Corporation,
USANA Health Sciences, Vitacost.com, Inc.,
Isostar, Atlantic Multipower UK Limited, and
Dalblads.
4- GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
- The report segments the Protein Supplements
Market on the basis of By Raw Materials - Soy
- Pea
- Whey
- Casein
- Others
- By Source
- Plant-Based
- Animal-Based
- By Product
- Protein Powders
- Protein Bars
5GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS This article contains text from
the Protein Supplements Market report prepared by
Global Market Estimates. For more information or
to buy the report, please visit
https//www.globalmarketestimates.com/protein-supp
lements-market/