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Protein Supplements Market Trends

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

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Protein Supplements Market Trends

Increasing awareness of health and fitness among people coupled with growing fitness centers across the globe will spur the protein supplements market revenue. Fitness centers focus on health benefits and provide optimum knowledge about the nutritional supplements required for the body. Along with nutritional support and guidance these fitness centers also provided customized protein supplements as well as personalized training routines to individuals for their personal fitness goals.

For instance, according to the data provided by The Global Health & Fitness Association (IHRS), in 2021, approximately around 32,000 health and fitness centers are present in the U.S. Additionally, according to their research reports in 2019, over 73.6 million Americans were regular members of the healthcare centers that increased the product adoption in the U.S. Therefore, these conditions pertaining to fitness centers are increasing the demand and acceptance rate of protein supplements among fitness enthusiast.

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.