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 2024” Global
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.
About Us:
Axiom Market Research
& Consulting™ (also known as Axiom MRC), is a full-service market research
and data analytics firm, driven by a simple aim of providing key market
intelligence to companies to assist them in taking informed business decisions
pertaining to their marketing strategy, investments, new product launches,
market competition, consumer or end users, social media trends etc.
Contact Us:
United States
616 Corporate Way,
Suite 2-4268
Valley Cottage, NY
10989
Telephone: +1 (845)
875-9786
Email: sales@axiommrc.com
Comments
Post a Comment