Protein Supplements Market Share, Size, Trends, Revenue, Analysis Report 2024-2032

The global protein supplements market size reached US$ 24.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 45.3 Billion by 2032, exhibiting a growth rate (CAGR) of 6.9% during 2024-2032.

Protein Supplements Market Share, Size, Trends, Revenue, Analysis Report 2024-2032
Protein Supplements Market

The latest report by IMARC Group, titled “Protein Supplements Market Report by Type (Casein, Whey Protein, Egg Protein, Soy Protein, and Others), Form (Protein Powder, Protein Bars, Ready to Drink, and Others), Source (Animal-Based, Plant-Based), Application (Sports Nutrition, Functional Food), Distribution Channel (Supermarkets and Hypermarkets, Online Stores, Direct to Customers (DTC), and Others), and Region 2024-2032“, The global protein supplements market size reached US$ 24.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 45.3 Billion by 2032, exhibiting a growth rate (CAGR) of 6.9% during 2024-2032.

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Protein Supplements Market Trends and Drivers:

The increased focus on health and fitness across all age groups has led to a rising need for protein supplements. Consumers are looking for products that can help with muscle growth, weight control, and overall health, driving this demand. The global rise in sports and exercise, as well as the desire to improve performance and recovery, has also contributed to the higher demand for protein supplements. Athletes and fitness enthusiasts understand the importance of protein in muscle recovery and growth, making these supplements a popular choice. Furthermore, the popularity of plant-based protein supplements has grown as more people embrace vegetarian and vegan lifestyles. This shift reflects a greater awareness of sustainable and ethical dietary choices, shaping the market. Additionally, protein supplements provide a convenient protein source for busy individuals with limited time for meal prep. The portability and ease of consumption of protein bars, shakes, and ready-to-drink options have further boosted their appeal.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/protein-supplements-market/requestsample

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Type:

  • Casein
  • Whey Protein
  • Egg Protein
  • Soy Protein
  • Others

Breakup by Form:

  • Protein Powder
  • Protein Bars
  • Ready to Drink
  • Others

Breakup by Source:

  • Animal-Based
  • Plant-Based

Breakup by Application:

  • Sports Nutrition
  • Functional Food

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Online Stores
  • Direct to Customers (DTC)
  • Others

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Competitive Landscape with Key Player:

  • Abbott Laboratories
  • Amway
  • Dymatize Enterprises LLC (BellRing Brands)
  • Glanbia PLC
  • GNC Holdings Inc. (Harbin Pharmaceutical Group)
  • Herbalife International of America Inc.
  • Iovate Health Sciences Inc.
  • Makers Nutrition LLC
  • Melaleuca Inc.
  • Nestlé S.A
  • Quest Nutrition LLC (Atkins Nutritionals Holdings Inc.)
  • Weider Global Nutrition LLC

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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