Global protein supplement market is forecast to grow at a CAGR 6.0% to 7.0% during the forecast period 2018-2024.



Axiom MRC added a, “Protein Supplements Market Report, By Source, Raw Material, Products, Distribution channel and Geography – Global Market Share, Trend Analysis & Forecast Up To 2024Global protein supplement market is forecast to grow at a CAGR 6.0% to 7.0% during the forecast period 2018-2024.




Protein Supplements Market Report: Analysis
The growth of the market can be attributed to rising awareness about the benefits of including healthy diet & exercise and the growing demand for higher protein density in mainstream diet. Rising health awareness among the consumers drives the growth of the industry. 
The growing demand for fitness supplements from consumers and athletes is expected to fuel market growth over the forecast period. The major restrain for the global protein supplements market is availability of cheap substitutes of protein supplements along with negative publicity & false claims affect the reputation of the protein supplement industry.

Protein Supplements Market Report: Segmentation Overview

PSM by Source-
It’s segmented into:
Animal Based
Plant Based.

PSM by Raw Material-
Global protein supplements market is bifurcated into whey, casein, soy, pea and others (egg protein, wheat, rice, canola and collagen).

PSM by Products-
It’s segmented into:
Protein Powder
Protein Bars
Ready to Drink

PSM by Distribution channel-
Divided into:
Supermarkets and Hypermarkets
Online Stores
Convenience Stores
Drug Stores And
Others (Chemist, Specialty sports store). 
PSM by Geography-
Protein supplements market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and Middle East & Africa. North America comprises United States, Canada and Mexico whereas Europe would primarily cover Germany, France, UK, Italy and Rest of Europe. 


Protein Supplements Market: Key Partners
Some of the prominent players operating in the global protein supplements market include Abbott Laboratories, Hormel (CytoSport), Transparent Labs, The Nature’s Bounty Co., NOW Foods, JYM Supplement Science, RSP Nutrition, Nutrabolt, BPI Sports LLC, Glanbia Plc, Forever Living Inc, Melaleuca Inc, Dymatize Enterprises LLC, DSM, Amway Corp, GlaxoSmithKline, etc.

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