According to Global Market Insights Inc., the protein supplement market is projected to reach $17.1 billion by 2030.

Major industry players operating in the protein supplements industry include Simply Good Foods Company, Glanbia PLC, General Nutrition Centers, Inc., The Bountiful Company, Herbalife Nutrition Ltd., Abbott Laboratories and Garden of Life.

Selbyville, Del., August 3, 2022 /PRNewswire/ — The market value of protein supplements is expected to be surpassed $17.1 billion by 2030, according to a new research report from Global Market Insights Inc.

It is expected that people’s increasing awareness of health and fitness combined with readily available protein supplements will propel the business landscape. A healthy diet and lifestyle with an adequate intake of essential micronutrients helps prevent various diseases such as high blood pressure, high cholesterol, obesity, etc. Millennials around the world have increased their preferences for consuming natural and organic foods and increased their reliance on plant-based protein supplements. Due to the fast paced lifestyles of millennials and increasing food adulteration, the prevalence of protein deficiency is increasing in developing countries worldwide.

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The market for protein supplements from the liquid (ready-to-drink) segment is expected to grow at a CAGR of 8.5% from 2022 to 2030. This is due to several benefits that liquid protein supplements offer for a healthy and fit lifestyle. Liquid protein supplements are ideally used in specific cases, e.g. B. after recovering from surgery where the body cannot tolerate heavy solid protein supplements. Liquid Protein contains most of the essential and non-essential nutritional supplements and amino acids needed during recovery, as well as maintain strength and contribute to faster tissue repair after surgery. Professional athletes benefit from these supplements as they help build stamina and stamina for the game.

Key Findings of the Protein Diet Supplements Market Report Include:

  • Increasing demand for sports nutrition supplements will drive the market expansion.
  • The growing awareness of health and fitness among individuals will increase the market size.
  • Competitors emphasize strategic activities such as product launches, partnerships and geographic expansion to capture a significant revenue share and serve a larger customer base.

Browse key industry insights across 190 pages of 291 market data tables and 17 numbers and charts from the report. “Protein Supplements Market Size by Form (Powder, Bar, Liquid {Ready-to-Drink}), by Source (Plant-Based {Soy, Hemp, Pea, Rice}, Animal-Based {Whey, Casein, Egg, Meat & Fish}), by Distribution Channel (Super and Hypermarkets, Online Stores), Industry Analysis Report, Regional Outlook (US, Canada, GermanyGreat Britain, France, Italy, Spain, China, Japan, India, Australia, South Korea, Brazil, Mexico, Argentina, South Africa, Saudi ArabiaUnited Arab Emirates), Growth Potential, Competitive Market Share and Forecast, 2022 – 2030″ detailed with table of contents:

https://www.gminsights.com/industry-analysis/protein-supplements-market

The protein supplements market is expected to be reached from the animal protein supplements segment $11.1 billion by 2030. This is due to the increasing demand for animal-based protein supplements among athletes and professional individuals due to high micro- and macronutrient requirements. These proteins contain all the essential amino acids and proteins that can be easily absorbed by the body without any side effects. Animal-based protein powders tend to have better blending and flavor, which increases product demand among all individuals related to specific health goals. Several market participants are emphasizing the development of highly absorbable animal protein supplements for faster clinical results and faster muscle recovery.

The market for protein supplements from the supermarket and hypermarket segment is likely to cross $4.5 billion by 2030. That’s because of the accessibility and availability of protein supplements in these stores. The supermarkets and hypermarkets stock a large number of fast-moving consumer goods (FMCG), including the protein supplements, and the sales volume has increased exponentially in recent years. A wide network of distribution channels combined with changing customer preferences towards these stores is expected to increase the product adoption rate.

China The protein supplement market is expected to be exceeded $1.2 billion by 2030. This is mainly attributed to fast growing disposable income, sizable young population and increasing prevalence of protein deficiency along with malnutrition etc. Various diseases such as kwashiorkor, marasmus and anemia are becoming increasingly prevalent in the country. The incidence of anemia in women in China has experienced a significant increase in recent years. Several market players and government agencies have run campaigns to raise awareness of malnutrition and related diseases, and the importance of protein and other nutrients for a healthy lifestyle.

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Some of the major industry players operating in the protein supplements market include The Simply Good Foods Company, Glanbia PLC, General Nutrition Centers, Inc., The Bountiful Company, Herbalife Nutrition Ltd., Abbott Laboratories, and Garden of Life, among others. These prominent players are involved in accepting multiple strategic acquisitions, formulations, collaborations, product launches and research activities to expand their product portfolio and market presence. product portfolio and increase their business turnover.

About Global Market Insights

Global Market Insights Inc. headquartered in Delaware, United States, is a global market research and consulting services provider offering syndicated and custom research reports along with growth advisory services. Our business intelligence and industry research reports provide clients with penetrating insights and actionable market data specifically designed and presented to support strategic decision-making. Developed using a proprietary research methodology, these comprehensive reports are available for key industries such as chemical, advanced materials, technology, renewable energy and biotechnology.

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SOURCE Global Market Insights Inc.

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