Harrisburg, NC -- (SBWIRE) -- 10/30/2020 -- Global Protein Supplements Market Research Report published by market insight reports explores the current outlook in Global and key regions from the perspective of Major Players, Countries, Product types and end industries. This report analyzes top players in the Global market, and divides the Market into several parameters.
This Protein Supplements Market research report identifies the competitive landscape of industries to understand the competition at International level. This report study describes the projected growth of the Global market for approaching years from 2019 to 2025. This research report has been aggregated on the basis of static and dynamic aspects of the businesses.
Global Protein Supplements Market is estimated to witness a CAGR of 9.4% during the forecast period (2020 - 2025).
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The prominent players in the Global Protein Supplements Market:
Glanbia plc, Iovate Health Sciences International Inc., The Hut Group, Scitec Nutrition, Weider Health and Fitness, Inc., Abbott Laboratories, Atrium Innovations Inc., Orgain, Inc., The Simply Good Foods Company, Post Holdings, Inc., and Others.
Key Market Trends: -
Rising Demand For Powdered Protein Supplements
Protein supplements are available in various formats such as powder, bars, and ready-to-drink, in order to satisfy a wider base of consumers. Though the availability of other formats in the market is rising at an improved pace, powdered protein supplements have been observed to be the most popular variant, and hold a significant share of the market studied. Powdered protein supplements can be ingested either by mixing with water, milk, or food, providing consumers the option to customize in accordance with their tastes and preferences, leading to increased consumption. The rising demand for powdered protein supplements is thus expected to drive the market studied over the forecast period.
Asia-Pacific Holds a Significant Share In The Market
The Asia-Pacific region holds a significant share in the market studied and has witnessed rapid growth in recent years owing to a higher percentage of the younger population and rising disposable income levels. China is expected to lead the growth of the region, owing to the government initiatives promoting increased participation in sports and fitness activities as a means to lead active and healthier lifestyles. Rising consumer awareness has also urged the aging population in the region to opt for protein supplements as a means to improve overall health. It has also been observed that protein supplements are being used in developing nations of the region as a means to address caloric and nutrient deficiencies. The demand for protein supplements in the Asia-Pacific region is thus expected to remain high over the forecast period.
Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Protein Supplements Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Protein Supplements Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
Browse in-depth and report summary TOC on "Protein Supplements Market":
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Finally, the Protein Supplements market report offers a complete and detailed study of Global Protein Supplements market by using numerous analytical tools and models such as SWOT analysis, investment return analysis, and porter's five forces analysis which are useful for beginners to access the upcoming opportunities. After exploring the market insights through primary and secondary research methodologies, if anything is required except than this, market insight reports will provide customization as per specific demands.
Note: - All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.