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Protein Supplement Market 2021: Future Growth, COVID-19 Impact, Manufacturers, Demands and Revenue Report scrutinized in the new analysis

Apr 29, 2021 3:44 PM ET

Protein Supplement Market 2021: Future Growth, COVID-19 Impact, Manufacturers, Demands and Revenue Report scrutinized in the new analysis

Protein is a macronutrient essential for the human body to build muscle, repair tissue, and make enzymes and hormones. It is one of the building blocks of bone, muscle, and skin. Protein is found in foods such as red meat, poultry, fish, dairy, eggs, nuts, tofu, and legumes but is also available in a variety of formulated supplements drinks, bars, and powders. For some, protein supplements can be helpful as part of their overall nutrition plan. Protein is essential for muscle growth. Thus athletes and gym enthusiasts consume protein supplements.

Factors such as hectic lifestyle, an increasing population of working women, and the rising adoption of western food are anticipated to boost the overall protein supplements market growth. Over the past, there has been a rise in the number of health-conscious customers around the globe. A healthy lifestyle is becoming a normal way of life that majorly has concerns over obesity, food sensitivity, and people affected by diseases continue to rise which further propels the growth of the market. The demand for protein supplements from the young population is increasing mainly in athletes as they provide various benefits such as lowering cholesterol, building of muscles, increasing strength, fighting cancer, improving immunity, and lowering blood pressure. 

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Market Scope:

The “Global Protein Supplement Market Analysis to 2027” is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the protein supplement market with detailed market segmentation by type, product, source, distribution channel, application, and geography. The global protein supplement market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading protein supplement market players and offers key trends and opportunities in the market.

Market Segmentation:

The global protein supplement market is segmented on the basis of type, product, source, distribution channel, and application. On the basis of type, the protein supplement market is segmented into whey protein, casein protein, soy proteins, pea protein, and others. By product, the protein supplement market is bifurcated into protein powder, protein bars, ready to drink (RTD), and others. On the basis of source the market is divided into animal based proteins, and plant based protein. By distribution channel, the protein supplement market is divided into supermarket/hypermarket, nutrition store, chemist/drugstore, online, and others. The protein supplement market on the basis of the application is classified into sports nutrition and functional foods.

Regional Outlook:

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global protein supplement market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The protein supplement market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the protein supplement market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the protein supplement market in these regions.

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