Protein Supplements Market PPT: Demand, Trends and Business Opportunities 2023-28

Author: Elena Anderson

Marketing Manager

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Global Protein Supplements market Research Report 2023-2028:

According to the latest report by IMARC Group, titled " Protein Supplements Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecas t 2023-2028

," the global protein supplements market size reached US$ 22.8 Billion in 2022.

Protein supplements are intended to improve exercise recovery, increase muscle mass and enhance performance. Protein is considered to be an essential component of the human diet as it provides vital nutrients that aid in muscle repairing and boosting the immune system due to its composition of various types of amino acids.

Consequently, protein supplements are mainly consumed by recreationally active adults, athletes and soldiers to improve their nutrient intake and muscle growth. Their intake also helps in enhancing the adaptive response to resistance training and yielding beneficial effects on muscle metabolism while maximizing the anabolic reactions of skeletal muscle in individuals.

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Global Protein Supplements market Trends:

The global market is primarily driven by the growing health consciousness among individuals. Coupled with the changing dietary patterns and the shifting lifestyle preferences of the masses, this is providing a boost to the demand for protein supplements. This is further supported by the rising awareness regarding the benefits of protein that has led to the growing consumer expenditure on health and wellness products. Along with this, the increasing popularity of gym culture and fitness activities in order to lead a healthy lifestyle among individuals is creating a positive market outlook.

Moreover, several leading players are heavily investing in the launching of innovative product variants infused with diversified flavors, which is gaining widespread prominence among individuals. Additionally, continuous improvements in the e-commerce sector, the advent of home delivery models and the growing popularity of social media are acting as major growth-inducing factors. Other factors, including rapid urbanization, the growing prevalence of chronic illnesses and extensive research and development (R&D) activities conducted by key players, are also positively influencing the market. Looking forward, IMARC Group expects the market to reach US$ 36.3 Billion by 2028, exhibiting at a CAGR of 7.8% during 2023-2028.

View Report TOC, Figures and Tables: https://www.imarcgroup.com/protein-supplements-market

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Key Market Segmentation

The research report includes the following segments:

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

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Breakup by Application:

• Sports Nutrition

• Functional Food

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets

• Online Stores

• Direct to Customers (DTC)

• Others

Breakup by Region:

• North America

• Asia Pacific

• Europe

• Latin America

• Middle East and Africa

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Competitive Landscape with Key Players:

• 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

1. What was the size of the global protein supplements market in 2022?

2. What is the expected growth rate of the global protein supplements market during 2023-2028?

3. What has been the impact of COVID-19 on the global protein supplements market?

4. What are the key factors driving the global protein supplements market?

5. What is the breakup of the global protein supplements market based on the type?

6. What is the breakup of the global protein supplements market based on the form?

7. What is the breakup of the global protein supplements market based on the source?

8. What is the breakup of the global protein supplements market based on the application?

9. What is the breakup of the global protein supplements market based on the distribution channel?

10. What are the key regions in the global protein supplements market?

11. Who are the key players/companies in the global protein supplements market?

Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/protein-supplements-market/toc

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