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Protein Supplements Market Share

Report ID: GMI5292
Published Date: Jul 2022
Report Format: PDF

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Protein Supplements Market Share

Some of the major market players operating in the protein supplements industry are

The Simply Good Foods Company
Glanbia PLC
General Nutrition Centers, Inc.
The Bountiful Company
Herbalife Nutrition Ltd.
Abbott Laboratories
Garden of Life

These market players concentrate on strategic developments such as partnerships, new product launch & commercialization, vertical integration for business expansion. Furthermore, these players are heavily investing in R&D activities that enables them to innovate & capitalize on these products that further helps to garner maximum revenue in the market.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global protein supplements industry size had crossed USD 8.7 billion in 2021 and is pegged to record a CAGR of 7.6% through 2030 owing to higher consumer awareness regarding health and fitness.

The protein supplements market share from the powder form segment is likely to surpass USD 11,114 million by 2030 due to their increasing preference by athletic and non-athletic individuals.

The protein supplements market share from the animal-based source segment had exceeded USD 5,891 million in 2021 driven by a higher preference for plant-based protein supplements.

The supermarket & hypermarkets distribution channel segment in the protein supplements market is expected to observe a growth rate of over 7.4% through 2030 owing to the presence of an extensive network of suppliers to these stores.