Press release
Protein Supplements Market Size, Share, Analysis and Forecast, 2017-2022 | Key Segments, Benefits & Opportunity
The rising health consciousness among consumers across the world is having a tremendous influence over the global market for protein supplements. Currently, the impact of the augmenting awareness level among them regarding the benefits of protein is substantially high on this market and is anticipated to continue driving the growth of this market over the next few years. The opportunity in the worldwide market for protein supplement is anticipated to attain a value of 2.20 bn by the end of 2017. Researchers expect the market to further rise at a CAGR 5.30% between 2017 and 2022, reaching 2.84 bn by 2022.
The level of the competition is expected to get higher in the next couple of years due to the continuous entry of new players in this market. Currently, the leading protein supplement producers are relying more on product development and differentiation for the growth of their business. Over the coming years, they are expected to shift their focus towards expanding their businesses in developing economies to remain in the competition.
Request Sample Copy: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=30845
TMR report evaluates the global protein supplements market to rise at a CAGR of 5.30% during the period from 2017 to 2022. Protein supplements derived from animal sources have a bigger market than supplements derived from plant sources. TMR notes that the scenario may remain so over the period of the forecast. Hitherto, conventional channels, such as drug stores, convenience stores, and hypermarket/supermarket were the main distribution channels for protein supplements. However, going forward, online stores may gain an edge over these in the coming years.
According to a new report by Transparency Market Research (TMR), a leading market intelligence firm, the global protein supplements market is witnessing a tremendous rise in its valuation, thanks to the increased focus of consumers towards acquiring a healthy lifestyle. With the presence of a large number of players, such as GlaxoSmithKline Plc, Amway Corp., ABH Pharma Inc., Vitacost.com Inc., and Nu Skin Enterprises Inc., the competitive landscape in the market looks highly fragmented, notes the market study.
Geographically, the worldwide protein supplements market registers its presence mainly across Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. Among these, North America has been leading the global protein supplements market, owing to the increasing awareness among consumers towards healthy living. This regional market is likely to remain on the top over the next few years. However, Asia Pacific is anticipated to report a greater growth rate in the near future, thanks to the continuously rising population, states the research report.
Enquiry Before Buying: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=30845
Increasing Attention towards Health and Fitness to Support Demand for Protein Supplements
"The significant surge in the attention towards health and fitness fuelled the demand for protein supplements doubly," says a market research analyst at TMR. The mushrooming of health clubs, gyms, and fitness centers across every corner in the world has a big hand in trending health and fitness among consumers, especially the youth. The younger generation is more inclined towards having fit and healthy lifestyle, which, resultantly, has turned them towards protein supplements.
With the trend continuing to create a buzz, the demand for protein supplements is projected to soar in the near future, reflecting positively on the global protein supplements market. The rapid urbanization and the increase in the purchasing power of consumers is also projected to assist this market in reporting a healthy rise over the next few years, notes the market study.
Constantly Fluctuating Protein Product Prices to Hinder Protein Supplements Market Growth Trajectory
In the coming years, the global protein supplements market is expected to witness a high-paced growth. However, the trajectory does not look smooth. The constant fluctuation in the prices of protein products may hamper the growth of this market to some extent. Moreover, due to the high product cost, the sales of protein supplements will also experience a slowdown, especially in developing economies, in the near future.
Nonetheless, the continuous efforts by leading players to introduce reasonable prices for their products may bear fruits and reflect positively on the global protein supplements market. In addition to this, the increasing popularity of sports events and various other fitness activities among youths is likely to support the growth in the global protein supplements market, states the research report.
Request Brochure: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=30845
Global Protein Supplements Market: Segmentation
On the basis of the type, the global protein supplements market has been classified into casein protein supplements, whey protein supplements, egg protein supplements, MPC protein supplements, soy protein supplements, and various other types of protein supplements in this market study.
The global protein supplements market is segmented into:
Product Type
Casein Protein Supplements
Whey Protein Supplements
Egg Protein Supplements
MPC Protein Supplements
Soy Protein Supplements
Source Type
Plant
Animal
Distribution Channel
Online Stores
Supermarkets and Hypermarkets
Convenience Stores
Drug Stores
End User
Online Stores
Powder Supplements
Bars
Ready to Drink Supplements
Global Protein Supplements Market: Scope of the Study
The analysis of the key trends and the market opportunity map presented in this study discusses several imminent trends in the end-use industries that may fuel he demand for protein supplements in the coming years. Other than this, the scope of the report also focuses on the future penetration of various protein supplements related products. The market attractiveness analysis and the opportunity map provided here offers deep insights into various market dynamics and the competition between the leading players, along with providing the most profitable segments within the global protein supplements market.
Get covid 19 Analysis: https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=30845
Strides Made in Sports Nutrition Underpin Promising Avenues in Protein Supplements Market
Protein supplements have been popularly used in pre- and/or post-workout, increasingly in people undergoing resistance and endurance training. The protein supplements market has made strides on the back of industry investments to make these as a part of sports nutrition to meet wide range of needs in target consumers. Over the years, protein supplementation has increased among recreational sportsperson and even among gym enthusiasts.
A growing number of studies on evaluating health impact of high-protein products among general population is also a key favorable trend encouraging functional food producers to invest in such product portfolio. Intestinal microbiota is a key aspect of evaluation studies for endorsing the product benefits to sportspersons.
More Trending Reports by TMR:
https://www.prnewswire.com/news-releases/global-2-3-butanediol-market-to-rise-at-cagr-of-3-5-during-forecast-period-observes-tmr-study-301472266.html
https://www.prnewswire.com/news-releases/chlor-alkali-market-to-cross-valuation-of-us-100-bn-by-2030-says-tmr-301475647.html
https://www.prnewswire.com/news-releases/antimicrobial-coatings-market-to-expand-at-cagr-of-12-1-during-forecast-period-notes-tmr-study-301479539.html
https://www.prnewswire.com/news-releases/glyphosate-market-is-expected-to-reach-us-17-7-bn-by-2031--finds-tmr-study-301483955.html
https://www.prnewswire.com/news-releases/meat-flavors-market-to-reach-us-5-1-bn-by-2031-inclination-toward-natural--exotic-food-flavors-to-propel-lucrative-opportunities-tmr-study-301487523.html
Contact Us
Mr. Rohit Bhisey
Transparency Market Research,
90 State Street, Suite 700,
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com/
About Us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyse information.
The level of the competition is expected to get higher in the next couple of years due to the continuous entry of new players in this market. Currently, the leading protein supplement producers are relying more on product development and differentiation for the growth of their business. Over the coming years, they are expected to shift their focus towards expanding their businesses in developing economies to remain in the competition.
Request Sample Copy: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=30845
TMR report evaluates the global protein supplements market to rise at a CAGR of 5.30% during the period from 2017 to 2022. Protein supplements derived from animal sources have a bigger market than supplements derived from plant sources. TMR notes that the scenario may remain so over the period of the forecast. Hitherto, conventional channels, such as drug stores, convenience stores, and hypermarket/supermarket were the main distribution channels for protein supplements. However, going forward, online stores may gain an edge over these in the coming years.
According to a new report by Transparency Market Research (TMR), a leading market intelligence firm, the global protein supplements market is witnessing a tremendous rise in its valuation, thanks to the increased focus of consumers towards acquiring a healthy lifestyle. With the presence of a large number of players, such as GlaxoSmithKline Plc, Amway Corp., ABH Pharma Inc., Vitacost.com Inc., and Nu Skin Enterprises Inc., the competitive landscape in the market looks highly fragmented, notes the market study.
Geographically, the worldwide protein supplements market registers its presence mainly across Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. Among these, North America has been leading the global protein supplements market, owing to the increasing awareness among consumers towards healthy living. This regional market is likely to remain on the top over the next few years. However, Asia Pacific is anticipated to report a greater growth rate in the near future, thanks to the continuously rising population, states the research report.
Enquiry Before Buying: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=30845
Increasing Attention towards Health and Fitness to Support Demand for Protein Supplements
"The significant surge in the attention towards health and fitness fuelled the demand for protein supplements doubly," says a market research analyst at TMR. The mushrooming of health clubs, gyms, and fitness centers across every corner in the world has a big hand in trending health and fitness among consumers, especially the youth. The younger generation is more inclined towards having fit and healthy lifestyle, which, resultantly, has turned them towards protein supplements.
With the trend continuing to create a buzz, the demand for protein supplements is projected to soar in the near future, reflecting positively on the global protein supplements market. The rapid urbanization and the increase in the purchasing power of consumers is also projected to assist this market in reporting a healthy rise over the next few years, notes the market study.
Constantly Fluctuating Protein Product Prices to Hinder Protein Supplements Market Growth Trajectory
In the coming years, the global protein supplements market is expected to witness a high-paced growth. However, the trajectory does not look smooth. The constant fluctuation in the prices of protein products may hamper the growth of this market to some extent. Moreover, due to the high product cost, the sales of protein supplements will also experience a slowdown, especially in developing economies, in the near future.
Nonetheless, the continuous efforts by leading players to introduce reasonable prices for their products may bear fruits and reflect positively on the global protein supplements market. In addition to this, the increasing popularity of sports events and various other fitness activities among youths is likely to support the growth in the global protein supplements market, states the research report.
Request Brochure: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=30845
Global Protein Supplements Market: Segmentation
On the basis of the type, the global protein supplements market has been classified into casein protein supplements, whey protein supplements, egg protein supplements, MPC protein supplements, soy protein supplements, and various other types of protein supplements in this market study.
The global protein supplements market is segmented into:
Product Type
Casein Protein Supplements
Whey Protein Supplements
Egg Protein Supplements
MPC Protein Supplements
Soy Protein Supplements
Source Type
Plant
Animal
Distribution Channel
Online Stores
Supermarkets and Hypermarkets
Convenience Stores
Drug Stores
End User
Online Stores
Powder Supplements
Bars
Ready to Drink Supplements
Global Protein Supplements Market: Scope of the Study
The analysis of the key trends and the market opportunity map presented in this study discusses several imminent trends in the end-use industries that may fuel he demand for protein supplements in the coming years. Other than this, the scope of the report also focuses on the future penetration of various protein supplements related products. The market attractiveness analysis and the opportunity map provided here offers deep insights into various market dynamics and the competition between the leading players, along with providing the most profitable segments within the global protein supplements market.
Get covid 19 Analysis: https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=30845
Strides Made in Sports Nutrition Underpin Promising Avenues in Protein Supplements Market
Protein supplements have been popularly used in pre- and/or post-workout, increasingly in people undergoing resistance and endurance training. The protein supplements market has made strides on the back of industry investments to make these as a part of sports nutrition to meet wide range of needs in target consumers. Over the years, protein supplementation has increased among recreational sportsperson and even among gym enthusiasts.
A growing number of studies on evaluating health impact of high-protein products among general population is also a key favorable trend encouraging functional food producers to invest in such product portfolio. Intestinal microbiota is a key aspect of evaluation studies for endorsing the product benefits to sportspersons.
More Trending Reports by TMR:
https://www.prnewswire.com/news-releases/global-2-3-butanediol-market-to-rise-at-cagr-of-3-5-during-forecast-period-observes-tmr-study-301472266.html
https://www.prnewswire.com/news-releases/chlor-alkali-market-to-cross-valuation-of-us-100-bn-by-2030-says-tmr-301475647.html
https://www.prnewswire.com/news-releases/antimicrobial-coatings-market-to-expand-at-cagr-of-12-1-during-forecast-period-notes-tmr-study-301479539.html
https://www.prnewswire.com/news-releases/glyphosate-market-is-expected-to-reach-us-17-7-bn-by-2031--finds-tmr-study-301483955.html
https://www.prnewswire.com/news-releases/meat-flavors-market-to-reach-us-5-1-bn-by-2031-inclination-toward-natural--exotic-food-flavors-to-propel-lucrative-opportunities-tmr-study-301487523.html
Contact Us
Mr. Rohit Bhisey
Transparency Market Research,
90 State Street, Suite 700,
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com/
About Us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyse information.
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