Protein Supplements Market is Expected to Grow with a CAGR 8.3% During 2022-2028

Protein Supplements
  • Protein Supplements Market

As stated in our extensive report; providing insights on Type, Source, Distribution Channel, and Region; the Global Protein Supplements Market accounted for USD 20.2 Billion in 2021.

Protein Supplements are dietary supplements used by athletes, active adults, and soldiers who endeavor to increase muscle mass and improve performance. A higher protein intake is good for muscle and the development of strength in the body. Therefore, bodybuilders and other strength athletes widely consume Protein Supplements. Protein Supplements are complete and balanced protein sources.

Over the past few years, consumption or use of Protein Supplements has become a common phenomenon for people. Many people rely on Protein Supplements for weight reduction and other health benefits. There has been a rise in the number of health-conscious customers around the globe. They look for ways to adopt a healthy and active lifestyle. Also, the increasing interest of millennials in Protein Supplements is creating a dynamic landscape for the future of the protein supplement market. Protein Supplements provide various benefits like reducing cholesterol, improving immunity, building muscles, and reducing blood pressure which attracts the young generation, especially athletes. This will have a positive impact on the growth of the protein market.

The COVID-19 pandemic has also increased the intake of Protein Supplements to strengthen the immune system. During COVID-19, many people consumed different types of Protein Supplements for increasing their immunity and now it has become a major part of their daily lifestyle.

Asia Pacificis expected to grow at the fastest Compound Annual Growth Rate (CAGR) during the forecast period owing to therise in the number of health-conscious customers in the region. The U.S. dominated the North American region and is expected to grow faster during the forecast period.

Some of the key players in the Global Protein Supplements Market include Glanbia PLC, MusclePharm, Abbott, CytoSport Inc., Iovate Health Sciences International Inc., QuestNutrition, The Bountiful Company, AMCO Proteins, Now Foods, Transparent Labs, Woodbolt distribution LLC, Dymatize Enterprises LLC, RSP Nutrition, BPI Sports LLC, International Dehydrated Foods Inc., BRF, Rousselot, Gelita AG, Hoogwegt and others.