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Protein Powder Market Share

Report ID: GMI4929
Published Date: Sep 2024
Report Format: PDF

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Protein Powder Market Share

The protein powder industry is experiencing heightened demand driven by innovative efforts from leading companies. Firms like Optimum Nutrition and Muscle Milk are expanding their product lines to include advanced formulations that cater to diverse dietary needs, including vegan and allergen-free options. Key players are also leveraging technological advancements to enhance the quality and efficacy of their products.

For instance, companies are investing in research to improve protein absorption and bioavailability. Additionally, the rise of health-conscious consumers and the growing fitness and wellness trend are fueling the demand for protein powders. This trend underscores the industry's response to evolving consumer preferences and health trends.

Protein Powder Market Companies

Some of the leading companies in the protein powder industry include :

ABH Pharma Inc
Melaleuca Inc
Amway
Abbott Laboratories
Glanbia Group.
Makers Nutrition
GlaxoSmithKline
Herbalife International of America, Inc.
GNC Holdings
Living Inc
Omega Protein
Vitaco Health
Atlantic Multipower UK Limited
Dalblads
Nestle
Atlantic Multipower.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of protein powder reached USD 21.4 billion in 2023 and will grow at a 9% CAGR between 2024 and 2032, led by increasing health consciousness and the rising demand for fitness and wellness products.

The human nutrition supplement segment will record 9.2% CAGR through 2032, primarily due to increasing consumer focus on health, fitness, and wellness.

North America market will exceed USD 19.6 billion by 2032, owing to a strong health and fitness culture and high consumer awareness of nutritional supplements.

Prominent companies including Amway, Atlantic Multipower UK Limited, Herbalife International of America, Inc., GNC Holdings, Glanbia Group, Nestlé, Omega Protein, GlaxoSmithKline, Melaleuca Inc, Vitaco Health, ABH Pharma Inc, Makers Nutrition, Living Inc, Dalblads, Abbott Laboratories, Atlantic Multipower are operating in the industry.