Global protein supplements market is expected to grow at a significant CAGR of 8.12% in the upcoming period as the scope and its applications are rising enormously across the globe. Protein supplements, mainly protein powder a nutritional supplement that helps build muscles, make hormones and enzymes, and repair tissue.
The factors that are playing a major role in the growth of the market are the increasing demand from women sector as growing popularity towards resistance training and the acceptance of high protein diet for weight loss. However, side effects and varying raw material cost may restrain overall market growth in the years to come. The market is segmented based on raw material, source cheap nike air max mens , product type, distribution channel, application, and region.
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Pea, whey, soy cheap nike air max womens , casein, and other raw materials that could be explored in protein supplements market in the forecast period. Based on the source, the plant-based and animal-based source could classify protein supplements in the forecast period. Animal-based protein source accounted for the significant market share and is estimated to lead the overall market in the years to come. The reason could be the presence of high nutrients like zinc, vitamin B12, Heme-iron, vitamin D cheap air max mens , and DHA, easy availability, and the high rate of absorption.
Ready to drink (RTD), protein powders, protein bars, and other product types could be explored in protein supplements in the forecast period. Protein powder sector accounted for the substantial market share of protein supplements and is estimated to lead the overall market in the years to come. Also cheap air max womens , ready to drink (RTD) sector is estimated to grow at the fastest pace in the years to come.
Direct to consumer (DTC), supermarket, online stores, and other distribution channels could be explored in protein supplements industry in the forecast period. Online stores sector accounted for the substantial share of the market and is estimated to lead the overall market in the years to come. The reason could be the growing number of internet users, convenience, and the availability of several options. Also cheap nike air max shoes , direct to consumer (DTC) sector is estimated to grow at the fastest pace in the years to come.
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Market Segment:
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The various contributors involved in the value chain of Protein Supplements include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in the Protein Supplements include
Glanbia GNC NOW Foods NBTY IOVATE Quest Nutrition
Market Size Split by Type
Protein Powder Protein Bar Ready to Drink
Market Size Split by Application
Sports Nutrition Functional Foods
Market size split by Region
North America United States Canada Mexico Asia-Pacific China India Japan
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