Global Protein Supplements Market is expected to rise to a projected value of USD 3.93 billion by 2026, from its estimated value of USD 2.46 billion in 2018 growing with a CAGR of 6.05% in the forecast period of 2019-2026. This rise in market value can be attributed to growth in disposable income of individuals. An analytical view of business aspects like drivers and restraints, global opportunities to scale up business. Regional performance and demanding structure for market is included in this Protein Supplements report. It also offers holistic view of the market and offers an accurate understanding of the competitive landscape. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market.
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Protein supplements are a type of bodybuilding and nutritional supplement that are used majorly by bodybuilders, and sports athletes to supplement their diet and increase their consumption of protein without increasing their consumption of accompanying carbohydrates and fats. These supplements include higher amounts of proteins in comparison to various other protein sources, if consumed directly.
The main objective of the Protein Supplements report is to study and forecast the market size of the block chain technology in the global market. This report defines, describes and forecast the market from 2019 to 2026. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. Few of the major competitors currently working in the protein supplements market are Abbott, General Nutrition Centers, Inc., Glanbia plc, Alticor Inc., MUSCLEPHARM, Vitaco, GlaxoSmithKline plc, Unilever, POST HOLDINGS, INC., Makers Nutrition, LLC, Herbalife International of America, Inc., Nu Skin Enterprises, Shaklee Corporation, USANA Health Sciences, Inc., Vitacost.com, Suppleform, Forever Living.com, L.L.C., Garden of Life, Melaleuca Inc., PepsiCo, New Vitality, Wander AG, AMCO Proteins, QuestNutrition, NOW Foods, Nature’s Bounty, CytoSport, Inc., Iovate Health Sciences International Inc., Transparent Labs and JimStoppani.com.
Growing concerns and awareness regarding health amid rising levels of obesity globally, this factor is expected to act as a driver for the market growth
Increasing demand from sports and athletics population which has been a result of growth in adoption of fitness activities globally
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Segmentation: Global Protein Supplements Market
Milk Protein Concentrate
By Distribution Channel
Supermarkets & Hypermarkets
Health & Nutritionist Stores
Key Developments in the Market:
- In December 2018, Unilever announced that they had agreed to acquire consumer healthcare and nutritional products for the Asia-Pacific regions. This acquisition will help Unilever expand their product offerings in health-food products.
- In October 2018, PepsiCo announced that they had acquired Health Warrior, Inc. This acquisition will help PepsiCo in expanding their nutritional products capacity and help meet the growing demand for consumer-specific nutritional products.
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