Protein Powder Market Top Major Players, Insights And Opportunities 2033

The protein powder global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Protein Powder Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size –

The protein powder market size has grown strongly in recent years. It will grow from $25.19 billion in 2023 to $26.94 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to changing dietary habits, sports nutrition demand, rise in vegetarian and vegan diets, fitness industry evolution, e-commerce growth.

The protein powder market size is expected to see strong growth in the next few years. It will grow to $36.3 billion in 2028 at a compound annual growth rate (CAGR) of 7.7%. The growth in the forecast period can be attributed to increasing health consciousness, aging population, rising disposable income, customization and personalization, digital health and fitness platforms. Major trends in the forecast period include plant-based dominance, functional ingredients, clean label and transparency, personalization and customization, cognitive and mental health considerations.

Order your report now for swift delivery @

https://www.thebusinessresearchcompany.com/report/protein-powder-global-market-report

Scope Of Protein Powder Market

The Business Research Company’s reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Protein Powder Market Overview

Market Drivers –

A rising number of fitness enthusiasts is expected to propel the protein powder market going forward. Fitness enthusiasts are people who are committed to their physical well-being and who care about their food, viewing it as a vital component of their overall well-being. Fitness enthusiasts use protein powder to aid weight loss and help tone their muscles, thus, an increase in fitness enthusiasts will propel market growth. For instance, according to the 2022 IHRSA Health Club Consumer Report shared by the International Health, Racquet & Sportsclub Association, a US-based global community of health and fitness professionals, in 2022, more than 1 out of 5 Americans belonged to a health club or fitness studio, reaching 66.5 million consumers with a growth rate of 3.6%. Therefore, the rising number of fitness enthusiasts is driving the growth of the protein powder market.

Market Trends –

Product innovations have emerged as a key trend gaining popularity in the protein powder market. Major companies operating in the protein powder market are focused on developing new innovative solutions to strengthen their position in the market. For instance, in July 2022, Dymatize Enterprises LLC, a US-based provider of a variety of nutritional and bodybuilding supplements, launched the Dymatize Complete Plant Protein, a new and unique vegan plant-based protein powder. It is uniquely designed with a complete amino acid profile and performance protein blend from five plant sources that support the muscles and help the body recover. It is a lactose-free powder that easily mixes in water or milk alternatives and offers 25 grams of complete protein with 160 calories.

The protein powder market covered in this report is segmented –

1) By Type: Casein Protein, Whey Protein, Egg Protein, Soy Protein

2) By Flavor: Chocolate, Cookies And Cream, Vanilla, Strawberry, Other Flavors

3) By Sources: Plant Sources, Animal Sources

4) By Distribution Channel: Nutrition Stores, Supermarkets, Chemists, Online, Other Channels

5) By End Use: Dietary Supplements, Food and Beverages, Pharmaceuticals, Other Uses

Get an inside scoop of the protein powder market, Request now for Sample Report @

https://www.thebusinessresearchcompany.com/sample.aspx?id=9442&type=smp

Regional Insights –

North America was the largest region in the protein powder market in 2023. Asia-Pacific is expected to be the fastest-growing region in the protein powder market report during the forecast period. The regions covered in the protein powder market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Key Companies –

Major companies operating in the protein powder market report are NutraBio, Amway Corp., Abbott Laboratories, Glanbia Plc., Herbalife International of America Inc., Vitaco Health Limited, ABH Pharma Inc., GSK Plc., Makers Nutrituion LLC, GNC Holdings LLC, Atlantic Multipower UK Limited, Melaleuca Inc., Dalblads Nutrition AB, BPI Sports LLC, MusclePharm Corporation, CytoSport Inc., NOW Foods, Hilmar Ingredients, Arla Foods Ingredients, ADM (Archer Daniels Midland Company), HF Series, Nature’s Best, Kerry Group, NOW Foods, Isopure, Dymatize Nutrition, Omega Protein Corporation, Jarrow Formulas, Optimum Nutrition, Vega .

Table of Contents

1. Executive Summary

2. Protein Powder Market Report Structure

3. Protein Powder Market Trends And Strategies

4. Protein Powder Market – Macro Economic Scenario

5. Protein Powder Market Size And Growth

…..

27. Protein Powder Market Competitor Landscape And Company Profiles

28. Key Mergers And Acquisitions

29. Future Outlook and Potential Analysis

30. Appendix

Contact Us: