Protein Supplements Market Forecast: US$ 46.56 Bn Value with Trends, Share, and Industry Evaluation by 2031 | Mondelez Company, Meiji Holdings Co Ltd.

The global protein supplements market was valued at US$ 25.54 Bn in 2022 and is forecast to reach a value of US$ 46.56 Bn by 2030 at a CAGR of 7.9% between 2023 and 2030.

The latest market intelligence report published by CMI with the title "Global Protein Supplements Market 2024, Growth Opportunities, and Forecast" provides actionable insights on Consumer Goods industry. The report provides demand analysis, industry insights, competitive intelligence, and customer database.

The Research report on Protein Supplements Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps' Analysis, Market Attractiveness Analysis, BPS Analysis, Ecosystem Analysis.

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Key trends Protein Supplements Market

1. Rising Popularity of Plant-Based Proteins: There is a growing consumer preference for plant-based protein supplements, driven by the increase in veganism, vegetarianism, and flexitarian diets. Products made from sources like pea, hemp, rice, and soy are gaining traction as consumers seek healthier and more sustainable options.

2. Focus on Health and Wellness: The global trend toward health and wellness is boosting the demand for protein supplements. Consumers are increasingly aware of the benefits of protein for muscle building, weight management, and overall health, leading to higher consumption of protein powders, bars, and ready-to-drink beverages.

3. Innovation in Product Formulations: Brands are continually innovating their product formulations to enhance flavor, texture, and nutritional profiles. This includes incorporating functional ingredients like vitamins, minerals, probiotics, and digestive enzymes, appealing to consumers seeking added health benefits alongside protein.

4. Convenience and On-the-Go Options: The demand for convenient and portable protein sources is rising, especially among busy consumers and athletes. Ready-to-drink protein shakes, protein bars, and single-serving protein powders are becoming increasingly popular, allowing consumers to easily integrate protein into their daily routines.

5. E-commerce Growth: The shift toward online shopping is transforming the protein supplements market. Consumers are increasingly purchasing protein products through e-commerce platforms, drawn by the convenience, variety, and often better prices. This trend is encouraging brands to enhance their online presence and invest in digital marketing strategies.

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*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 150+ is available for purchase to all the interested stakeholders.

Detailed Segmentation and Classification of the report (Market Size and Forecast - 2031, Y-o-Y growth rate, and CAGR):

• By Form:
Powders
Bars
Ready to Drink (RTD)
Other Forms

• By Source:
Animal-based
Plant based

• By Distribution Channel:
Supermarkets/Hypermarkets
Convenience Stores
Specialty Stores
Online Retail Stores
Gym & Health Clubs and Spas
Other Distribution Channels

• By Regions and Countries
o North America
o Europe
o Asia-Pacific
o South America
o Middle East & Africa

Following are the players analyzed in the report:

• Mondelez Company
• Meiji Holdings Co Ltd.
• Quest Nutrition LLC
• MusclePharm Corporation
• Post Holdings Inc.
• Nestlé SA
• Abbott Laboratories
• Scitec Nutrition
• The Hut Group
• Glanbia PLC
• Weider Global Nutrition LLC
• Iovate Health Sciences International Inc.

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Deep-dive Analysis:

The Report provides deep-dive qualitative and quantitative analysis on Protein Supplements Market for all the regions and countries covered below:

• North America (the United States, Canada, and Mexico)
• Europe (Germany, France, Italy, United Kingdom, SCANDIVAN, Benelux, Russia, and Rest of Europe)
• Asia-Pacific (Japan, South Korea, India, China, Southeast Asia, and Australia)
• South America (Brazil, Argentina, and Rest of South America)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa, and Rest of the Middle East & Africa)
• Each Country is covered in detail, and report provides qualitative and quantitative analysis on Protein Supplements Market on each country.

The research provides answers to the following key questions:

1. What is the estimated growth rate of the market for the forecast period 2024-2031? What will be the market size during the estimated period?
2. What are the key driving forces responsible for shaping the fate of the Protein Supplements market during the forecast period?
3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Protein Supplements market?
4. What are the prominent market trends influencing the development of the Protein Supplements market across different regions?
5. What are the major threats and challenges likely to act as a barrier in the growth of the Protein Supplements market?
6. What are the major opportunities the market leaders can rely on to gain success and profitability?

Key insights provided by the report that could help you take critical strategic decisions?

• Regional report analysis highlighting the consumption of products/services in a region also shows the factors that influence the market in each region.
• Reports provide opportunities and threats faced by suppliers in the Protein Supplements and tubes industry around the world.
• The report shows regions and sectors with the fastest growth potential.
• A competitive environment that includes market rankings of major companies, along with new product launches, partnerships, business expansions, and acquisitions.
• The report provides an extensive corporate profile consisting of company overviews, company insights, product benchmarks, and SWOT analysis for key market participants.
• This report provides the industry's current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.
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