The global protein supplements market is expected to grow at a CAGR of 6.7% and is projected to reach a market size of US$ 22.3 Bn by 2026. Rising awareness about health and wellness, coupled with an increase in the number of fitness centres, is boosting the overall market growth of protein supplements. Further, a positive outlook towards sports nutrition on account of the rising importance of leading an active lifestyle, coupled with the increasing awareness about the benefits of protein, is resulting in a rise in demand for protein supplements products.
Protein Supplements Market Segmentation |
|
| By Raw Material | 1. Whey |
| 2. Casein | |
| 3. Soy | |
| 4. Pea | |
| 5. Others | |
| By Source | 1. Animal Based |
| 2. Plant Based | |
| By Product | 1. Powder |
| 2. Bars | |
| 3. Ready to Drink | |
| 4. Others | |
| By Distribution Channel | 1. Supermarkets/Hypermarkets |
| 2. Online Stores | |
| 3. Others | |
| By Application | 1. Sports Nutrition |
| 2. Functional Food | |
| By Region | 1. North America (US and Canada) |
| 2. Europe (UK, Germany, France and Rest of Europe) | |
| 3. Asia Pacific (China, Japan, India and Rest of Asia Pacific) | |
| 4. Latin America (Brazil, Argentina and Rest of Latin America) | |
| 5. Middle East & Africa (GCC and Rest of Middle East & Africa) | |
Further, a positive outlook towards sports nutrition on account of the rising importance of leading an active lifestyle, coupled with the increasing awareness about the benefits of protein, is resulting in a rise in demand for protein supplements products.
Powder segment dominated the market in 2018 and is expected to display a similar trend in the coming years
By different product types, the powder segment dominated the protein supplements market in 2018. A strong distribution channel and the increasing number of stand-alone mass-facing brands by several companies such as IOVATE, NBTY, and Glanbia, are expected to fuel the demand for protein powder. Further, increasing demand for these products from elite athletes, body builders, and consumers involved in physical activities is also a major factor driving the overall market growth of protein supplements.
However, the ready-to-drinks segment is expected to witness the fastest growth during the forecast period. Ready-to-drink protein supplements are basically pre-formulated drinks which can be consumed easily without the need for further preparation or mixing.
Whey segment dominated the market in 2018 and is expected to display a similar trend in the coming years
In terms of different raw materials, the whey segment dominated the protein supplements market in 2018. Growing popularity of whey proteins among body builders, athletes across the globe is a major factor driving the demand for whey. In addition to this, whey protein manufacturers do not require approval from health authorities and this is generating significant opportunities for new entrants to penetrate the industry.
The soy segment is expected to witness the fastest growth during the forecast period. Increasing awareness among consumers about the benefits of soy, coupled with the growing preference for vegan diets, is another major factor that is increasing the demand for soy protein.
Sports nutrition segment dominated the market in 2018 and is expected to display a similar trend in the coming years
In terms of different applications, the sports nutrition segment dominated the market in 2018. The increasing demand for sports nutritional supplements among professional athletes and fitness enthusiasts is resulting in the rise in demand for sports nutrition. Further, rising demand for sports nutrition supplements in order to improve performance and promote lean muscle growth is also resulting to the rise in demand for this segment.
North America region dominated the market in 2018 and is expected to display a similar trend in the coming years
In terms of different regions, North America dominated the market in 2018. The U.S and Canada are prominent markets in North America, owing to a rise in demand for protein supplements among consumers across the globe. Further, key players operating in the region have been benefitting from the abundant supply of raw materials, thereby resulting in an increase in protein supplements over the years. However, the Asia-Pacific region is expected to witness the fastest growth during the forecast period. A shift in the consumption pattern of consumers and increasing focus on preventive healthcare are boosting the overall growth of the protein supplements market.
Company Profiles and Competitive Intelligence:
The major players operating in the global protein supplements market are Glanbia Plc., Quest Nutrition, AMCO Proteins, Quest Nutrition, NOW Foods, NBTY, Inc., MusclePharm Corporation, Abbot Laboratories, Cyto Sport Inc., IOVATE Health Sciences International Inc., Transparent Labs, JYM Supplement Science, RSP Nutrition, Nutrabolt, Dymatize Enterprises LLC, BPI Sports, and LLC, among others.
Powder segment dominated the market in 2018 and is expected to display a similar trend in the coming years
By different product types, the powder segment dominated the protein supplements market in 2018. A strong distribution channel and the increasing number of stand-alone mass-facing brands by several companies such as IOVATE, NBTY, and Glanbia, are expected to fuel the demand for protein powder. Further, increasing demand for these products from elite athletes, body builders, and consumers involved in physical activities is also a major factor driving the overall market growth of protein supplements.
However, the ready-to-drinks segment is expected to witness the fastest growth during the forecast period. Ready-to-drink protein supplements are basically pre-formulated drinks which can be consumed easily without the need for further preparation or mixing.
Whey segment dominated the market in 2018 and is expected to display a similar trend in the coming years
In terms of different raw materials, the whey segment dominated the protein supplements market in 2018. Growing popularity of whey proteins among body builders, athletes across the globe is a major factor driving the demand for whey. In addition to this, whey protein manufacturers do not require approval from health authorities and this is generating significant opportunities for new entrants to penetrate the industry.
The soy segment is expected to witness the fastest growth during the forecast period. Increasing awareness among consumers about the benefits of soy, coupled with the growing preference for vegan diets, is another major factor that is increasing the demand for soy protein.
Sports nutrition segment dominated the market in 2018 and is expected to display a similar trend in the coming years
In terms of different applications, the sports nutrition segment dominated the market in 2018. The increasing demand for sports nutritional supplements among professional athletes and fitness enthusiasts is resulting in the rise in demand for sports nutrition. Further, rising demand for sports nutrition supplements in order to improve performance and promote lean muscle growth is also resulting to the rise in demand for this segment.
North America region dominated the market in 2018 and is expected to display a similar trend in the coming years
In terms of different regions, North America dominated the market in 2018. The U.S and Canada are prominent markets in North America, owing to a rise in demand for protein supplements among consumers across the globe. Further, key players operating in the region have been benefitting from the abundant supply of raw materials, thereby resulting in an increase in protein supplements over the years. However, the Asia-Pacific region is expected to witness the fastest growth during the forecast period. A shift in the consumption pattern of consumers and increasing focus on preventive healthcare are boosting the overall growth of the protein supplements market.
Company Profiles and Competitive Intelligence:
The major players operating in the global protein supplements market are Glanbia Plc., Quest Nutrition, AMCO Proteins, Quest Nutrition, NOW Foods, NBTY, Inc., MusclePharm Corporation, Abbot Laboratories, Cyto Sport Inc., IOVATE Health Sciences International Inc., Transparent Labs, JYM Supplement Science, RSP Nutrition, Nutrabolt, Dymatize Enterprises LLC, BPI Sports, and LLC, among others.
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Table of Content
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Approach Adopted
1.3.4.1 Top-Down Approach
1.3.4.2 Bottom-Up Approach
1.3.5 Assumptions
1.4 Market Segmentation Scope
Chapter 2 Executive Summary
2.1 Market Summary
2.1.1 Global Protein Supplements Market, 2016-2026, (US$ Bn)
2.1 Market Snapshot: Global Protein Supplements Market
2.2 Market Dynamics
2.3 Global Protein Supplements Market, by Segment, 2018
2.3.1 Global Protein Supplements Market, by Raw Material, 2018, (US$ Bn)
2.3.2 Global Protein Supplements Market, by Source, 2018, (US$ Bn)
2.3.3 Global Protein Supplements Market, by Product, 2018 (US$ Bn)
2.3.4 Global Protein Supplements Market, by Distribution Channel, 2018 (US$ Bn)
2.3.5 Global Protein Supplements Market, by Application, 2018 (US$ Bn)
2.3.6 Global Protein Supplements Market, by Region, 2018 (US$ Bn)
2.4 Premium Insights
2.4.1 Protein Supplements Market In Developed Vs. Developing Economies, 2018 vs 2023
2.4.2 Global Protein Supplements Market: Regional Life Cycle Analysis
Chapter 3 Market Dynamics
3.1 Market Overview
3.2 Market Drivers
3.2.1 Increasing number of fitness centres
3.2.2 Rising awareness towards health and wellness among the population
3.3 Market Restraints
3.3.1 Restraint 1
3.3.2 Restraint 2
3.4 Market Opportunities
3.4.1 Opportunity 1
3.4.2 Opportunity 2
3.5 Industry Value Chain Analysis
3.5.1 Analyst’s Views
3.6 Industry SWOT Analysis
Chapter 4 Global Protein Supplements Market, by Raw Material
4.1 Market Overview, by Raw Material
4.1.1 Global Protein Supplements Market, by Raw Material, 2016-2026 (US$ Bn)
4.1.2 Incremental Opportunity, by Raw Material, From 2018-2023
4.2 Whey
4.2.1 Global Protein Supplements Market, by Whey, 2016-2026, (US$ Bn)
4.3 Casein
4.3.1 Global Protein Supplements Market, by Casein, 2016-2026, (US$ Bn)
4.4 Soy
4.4.1 Global Protein Supplements Market, by Soy, 2016-2026, (US$ Bn)
4.5 Pea
4.5.1 Global Protein Supplements Market, by Pea, 2016-2026, (US$ Bn)
4.6 Others
4.6.1 Global Protein Supplements Market, by Others, 2016-2026, (US$ Bn)
Chapter 5 Global Protein Supplements Market, by Source
5.1 Market Overview, by Source
5.1.1 Global Protein Supplements Market, by Source, 2016-2026 (US$ Bn)
5.1.2 Incremental Opportunity, by Source, From 2018-2023
5.2 Animal Based
5.2.1 Global Protein Supplements Market, by Animal Based, 2016-2026, (US$ Bn)
5.3 Plant Based
5.3.1 Global Protein Supplements Market, by Plant Based, 2016-2026, (US$ Bn)
Chapter 6 Global Protein Supplements Market, by Product
6.1 Market Overview, by Product
6.1.1 Global Protein Supplements Market, by Product, 2016-2026 (US$ Bn)
6.1.2 Incremental Opportunity, by Product, From 2018-2023
6.2 Powder
6.2.1 Global Protein Supplements Market, by Powder, 2016-2026, (US$ Bn)
6.3 Bars
6.3.1 Global Protein Supplements Market, by Bars, 2016-2026, (US$ Bn)
6.4 Ready To Drink
6.4.1 Global Protein Supplements Market, by Ready To Drink, 2016-2026, (US$ Bn)
6.5 Others
6.5.1 Global Protein Supplements Market, by Others, 2016-2026, (US$ Bn)
Chapter 7 Global Protein Supplements Market, by Distribution Channel
7.1 Market Overview, by Distribution Channel
7.1.1 Global Protein Supplements Market, by Distribution Channel, 2016-2026 (US$ Bn)
7.1.2 Incremental Opportunity, by Distribution Channel, From 2018-2023
7.2 Supermarkets/Hypermarkets
7.2.1 Global Protein Supplements Market, by Supermarkets/Hypermarkets, 2016-2026, (US$ Bn)
7.3 Online Stores
7.3.1 Global Protein Supplements Market, by Online Stores, 2016-2026, (US$ Bn)
7.4 Others
7.4.1 Global Protein Supplements Market, by Others, 2016-2026, (US$ Bn)
Chapter 8 Global Protein Supplements Market, by Application
8.1 Market Overview, by Application
8.1.1 Global Protein Supplements Market, by Application, 2016-2026 (US$ Bn)
8.1.2 Incremental Opportunity, by Application, From 2018-2023
8.2 Sports Nutrition
8.2.1 Global Protein Supplements Market, by Sports Nutrition, 2016-2026, (US$ Bn)
8.3 Functional Food
8.3.1 Global Protein Supplements Market, by Functional Food, 2016-2026, (US$ Bn)
Chapter 9 Global Protein Supplements Market, by Region
9.1 Market Overview, by Region
9.1.1 Global Protein Supplements Market, by Region, 2016-2026, (US$ Bn)
9.2 Attractive Investment Opportunity, by Region, 2018
9.3 North America Protein Supplements Market
9.3.1 North America Protein Supplements Market, by Raw Material, 2016-2026 (US$ Bn)
9.3.2 North America Protein Supplements Market, by Source, 2016-2026 (US$ Bn)
9.3.3 North America Protein Supplements Market, by Product, 2016-2026 (US$ Bn)
9.3.4 North America Protein Supplements Market, by Distribution Channel, 2016-2026 (US$ Bn)
9.3.5 North America Protein Supplements Market, by Application, 2016-2026 (US$ Bn)
9.3.6 United States Country Profile
9.3.6.1 United States Protein Supplements Market, 2016-2026 (US$ Bn)
9.3.7 Canada Country Profile
9.3.7.1 Canada Protein Supplements Market, 2016-2026 (US$ Bn)
9.4 Europe Protein Supplements Market
9.4.1 Europe Protein Supplements Market, by Raw Material, 2016-2026 (US$ Bn)
9.4.2 Europe Protein Supplements Market, by Source, 2016-2026 (US$ Bn)
9.4.3 Europe Protein Supplements Market, by Product, 2016-2026 (US$ Bn)
9.4.4 Europe Protein Supplements Market, by Distribution Channel, 2016-2026 (US$ Bn)
9.4.5 Europe Protein Supplements Market, by Application, 2016-2026 (US$ Bn)
9.4.6 United Kingdom Country Profile
9.4.6.1 United Kingdom Protein Supplements Market, 2016-2026 (US$ Bn)
9.4.7 Germany Country Profile
9.4.7.1 Germany Protein Supplements Market, 2016-2026 (US$ Bn)
9.4.8 France Country Profile
9.4.8.1 France Protein Supplements Market, 2016-2026 (US$ Bn)
9.4.9 Italy Country Profile
9.4.9.1 Italy Protein Supplements Market, 2016-2026 (US$ Bn)
9.4.10 Spain Country Profile
9.4.10.1 Spain Protein Supplements Market, 2016-2026 (US$ Bn)
9.4.11 Rest of Europe
9.4.11.1 Rest of Europe Protein Supplements Market, 2016-2026 (US$ Bn)
9.5 Asia Pacific Protein Supplements Market
9.5.1 Asia Pacific Protein Supplements Market, by Raw Material, 2016-2026 (US$ Bn)
9.5.2 Asia Pacific Protein Supplements Market, by Source, 2016-2026 (US$ Bn)
9.5.3 Asia Pacific Protein Supplements Market, by Product, 2016-2026 (US$ Bn)
9.5.4 Asia Pacific Protein Supplements Market, by Distribution Channel, 2016-2026 (US$ Bn)
9.5.5 Asia Pacific Protein Supplements Market, by Application, 2016-2026 (US$ Bn)
9.5.6 China Country Profile
9.5.6.1 China Protein Supplements Market, 2016-2026 (US$ Bn)
9.5.7 Japan Country Profile
9.5.7.1 Japan Protein Supplements Market, 2016-2026 (US$ Bn)
9.5.8 India Country Profile
9.5.8.1 India Protein Supplements Market, 2016-2026 (US$ Bn)
9.5.9 Indonesia Country Profile
9.5.9.1 Indonesia Protein Supplements Market, 2016-2026 (US$ Bn)
9.5.10 Thailand Country Profile
9.5.10.1 Thailand Protein Supplements Market, 2016-2026 (US$ Bn)
9.5.11 Rest of Asia Pacific
9.5.11.1 Rest of Asia Pacific Protein Supplements Market, 2016-2026 (US$ Bn)
9.6 Latin America Protein Supplements Market
9.6.1 Latin America Protein Supplements Market, by Raw Material, 2016-2026 (US$ Bn)
9.6.2 Latin America Protein Supplements Market, by Source, 2016-2026 (US$ Bn)
9.6.3 Latin America Protein Supplements Market, by Product, 2016-2026 (US$ Bn)
9.6.4 Latin America Protein Supplements Market, by Distribution Channel, 2016-2026 (US$ Bn)
9.6.5 Latin America Protein Supplements Market, by Application, 2016-2026 (US$ Bn)
9.6.6 Brazil Country Profile
9.6.6.1 Brazil Protein Supplements Market, 2016-2026 (US$ Bn)
9.6.7 Argentina Country Profile
9.6.7.1 Argentina Protein Supplements Market, 2016-2026 (US$ Bn)
9.6.8 Rest of Latin America
9.6.8.1 Rest of Latin America Protein Supplements Market, 2016-2026 (US$ Bn)
9.7 Middle East & Africa Protein Supplements Market
9.7.1 Middle East & Africa Protein Supplements Market, by Raw Material, 2016-2026 (US$ Bn)
9.7.2 Middle East & Africa Protein Supplements Market, by Source, 2016-2026 (US$ Bn)
9.7.3 Middle East & Africa Protein Supplements Market, by Product, 2016-2026 (US$ Bn)
9.7.4 Middle East & Africa Protein Supplements Market, by Distribution Channel, 2016-2026 (US$ Bn)
9.7.5 Middle East & Africa Protein Supplements Market, by Application, 2016-2026 (US$ Bn)
9.7.6 GCC
9.7.6.1 GCC Protein Supplements Market, 2016-2026 (US$ Bn)
9.7.7 Rest of Middle East & Africa
9.7.7.1 Rest of Middle East & Africa Protein Supplements Market, 2016-2026 (US$ Bn)
Chapter 10 Competitive Intelligence
10.1 Market Players Present in Market Life Cycle
10.2 Top 5 Players Comparison
10.3 Market Positioning of Key Players, 2018
10.4 Market Players Mapping
10.4.1 By Raw Material
10.4.2 By Source
10.4.3 By Product
10.4.4 By Distribution Channel
10.4.5 By Application
10.4.6 By Region
10.5 Strategies Adopted by Key Market Players
10.6 Recent Developments in the Market
10.6.1 Mergers & Acquisitions, Partnership, New Developments
10.7 Operational Efficiency Comparison by Key Players
Chapter 11 Company Profiles
11.1 Glanbia Plc
11.1.1 Glanbia Plc Overview
11.1.2 Key Stakeholders/Person in Glanbia Plc
11.1.3 Glanbia Plc Products Portfolio
11.1.4 Glanbia Plc Financial Overview
11.1.5 Glanbia Plc News/Recent Developments
11.2 Quest Nutrition
11.2.1 Quest Nutrition Overview
11.2.2 Key Stakeholders/Person in Quest Nutrition
11.2.3 Quest Nutrition Products Portfolio
11.2.4 Quest Nutrition Financial Overview
11.2.5 Quest Nutrition News/Recent Developments
11.3 AMCO Proteins
11.3.1 AMCO Proteins Overview
11.3.2 Key Stakeholders/Person in AMCO Proteins
11.3.3 AMCO Proteins Products Portfolio
11.3.4 AMCO Proteins Financial Overview
11.3.5 AMCO Proteins News/Recent Developments
11.4 NOW FOODS
11.4.1 NOW FOODS Overview
11.4.2 Key Stakeholders/Person in NOW FOODS
11.4.3 NOW FOODS Products Portfolio
11.4.4 NOW FOODS Financial Overview
11.4.5 NOW FOODS News/Recent Developments
11.5 NBTY, Inc.
11.5.1 NBTY, Inc. Overview
11.5.2 Key Stakeholders/Person in NBTY, Inc.
11.5.3 NBTY, Inc. Products Portfolio
11.5.4 NBTY, Inc. Financial Overview
11.5.5 NBTY, Inc. News/Recent Developments
11.6 MusclePharm Corporation
11.6.1 MusclePharm Corporation Overview
11.6.2 Key Stakeholders/Person in MusclePharm Corporation
11.6.3 MusclePharm Corporation Products Portfolio
11.6.4 MusclePharm Corporation Financial Overview
11.6.5 MusclePharm Corporation News/Recent Developments
11.7 Abbot Laboratories
11.7.1 Abbot Laboratories Overview
11.7.2 Key Stakeholders/Person in Abbot Laboratories
11.7.3 Abbot Laboratories Products Portfolio
11.7.4 Abbot Laboratories Financial Overview
11.7.5 Abbot Laboratories News/Recent Developments
11.8 CytoSport Inc.
11.8.1 CytoSport Inc. Overview
11.8.2 Key Stakeholders/Person in CytoSport Inc.
11.8.3 CytoSport Inc. Products Portfolio
11.8.4 CytoSport Inc. Financial Overview
11.8.5 CytoSport Inc. News/Recent Developments
11.9 IOVATE Health Sciences International Inc.
11.9.1 IOVATE Health Sciences International Inc. Overview
11.9.2 Key Stakeholders/Person in IOVATE Health Sciences International Inc.
11.9.3 IOVATE Health Sciences International Inc. Products Portfolio
11.9.4 IOVATE Health Sciences International Inc. Financial Overview
11.9.5 IOVATE Health Sciences International Inc. News/Recent Developments
11.10 Transparent Labs
11.10.1 Transparent Labs Overview
11.10.2 Key Stakeholders/Person in Transparent Labs
11.10.3 Transparent Labs Products Portfolio
11.10.4 Transparent Labs Financial Overview
11.10.5 Transparent Labs News/Recent Developments
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