Product Code: GVR-1-68038-694-3
Protein Supplements Market Growth & Trends:
The global protein supplements market size is expected to reach USD 10.80 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.0% from 2022 to 2030. The growing number of fitness centers on account of rising millennials' interest in health and wellness is expected to drive market growth. The protein supplement manufacturing companies are primarily concentrated in Europe and North America owing to the abundant availability of raw materials. Increasing obesity rates in these regions are leading consumers to opt for a healthy lifestyle and eating habits, which is expected to increase the demand for protein supplements in the upcoming years.
Protein supplement manufacturing requires high capital investments owing to the complex manufacturing process. The European Food Safety Authority (EFSA) and the U.S. Food & Drug Administration (USDA) have laid regulations on product labeling and health claims, which makes it challenging for new market entrants. The established players are continuously working on increasing their production capacity to cater to the growing demand for protein supplements. For Instance, in October 2020, Glanbia PLC began the operation of its new facility producing cheese and whey in Michigan, U.S. and is capable of processing 3.6 million liters of milk per day.
The rising vegan population across the globe has compelled manufacturers to invest in R&D to innovate in plant-based protein supplements. In March 2020, The Hut.com, which goes with the brand 'My Protein', launched a new plant-based protein shake in the U.S. to capitalize on the increasing vegan population in the country. Similarly, in February 2020, InnovoPro launched chickpea protein concentrate for the ready-to-drink formula for vegan athletes.
The supermarkets segment is expected to expand with the highest CAGR from 2022-2030 during the forecast period. Supermarkets offer significant advantages to consumers, such as freedom of selection, lower prices, and increased visibility of international brands, which makes them a suitable platform for purchasing all types of protein supplements. These stores provide dedicated shelf spaces that offer a range of protein supplements.
Protein Supplements Market Report Highlights:
- Protein powders accounted for the largest share in 2021. Increasing demand for protein powder from sports enthusiasts, athletes, and fitness-conscious consumers is expected to drive the product demand over the forecast period
- Protein supplements sourced from animal-based protein led the market with the highest revenue share in 2021. The segment includes meat and dairy proteins, which are considered complete proteins owing to the presence of all essential amino acids
- Online stores held the largest revenue share in 2021, owing to the increasing consumer preference for online shopping and developing e-commerce portals across the globe
- The functional food application segment is expected to expand at a significant CAGR from 2022 to 2030 owing to the growing consumer awareness regarding balanced nutrition, which is expected to drive the demand for protein supplements in the functional food application
- Asia Pacific is projected to grow at the fastest CAGR over the forecast period on account of the increasing spending on overall health, wellness, and the increasingly health-conscious population across China, India, Japan, and South Korea
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Information Procurement
- 1.1.1 Purchased Database
- 1.1.2 GVR's Internal Database
- 1.1.3 Secondary Sources
- 1.1.4 Third-Party Perspective
- 1.1.5 Primary Research
- 1.2 Information Analysis & Data Analysis Models
- 1.3 List of Data Sources
Chapter 2 Executive Summary
- 2.1 Market Insights
- 2.2 Segmental Insights
- 2.3 Competitive Insights
Chapter 3 Protein Supplements Market Variables, Trends, and Scope
- 3.1 Market Lineage Outlook
- 3.1.1 Parent Market Outlook
- 3.1.1.1 Nutraceuticals & Functional Foods
- 3.1.2 Related Market Outlook
- 3.1.2.1 Protein Ingredients
- 3.1.2.2 Functional Proteins
- 3.2 Protein Supplements Market Size & Growth Prospects, 2017 - 2030
- 3.3 Industry Value Chain Analysis
- 3.4 Raw Material Trends
- 3.4.1 Raw Materials Analysis
- 3.4.1.1 Beef
- 3.4.1.2 Egg
- 3.4.1.3 Milk, Whey, & Casein
- 3.4.1.4 Others
- 3.5 Manufacturing Trends
- 3.5.1 Technology trends
- 3.5.2 digital trends
- 3.6 Sales Channel Analysis
- 3.7 Profit Margin Analysis
- 3.8 Regulatory Framework
- 3.8.1 Product classification codes
- 3.8.2 Standards & Compliances
- 3.9 Market Dynamics
- 3.9.1 Market Driver Analysis
- 3.9.2 Market Restraint Analysis
- 3.9.3 Market Challenge Analysis
- 3.10 Business Environment Analysis
- 3.10.1 Industry Analysis - Porter's Five Forces
- 3.10.1.1 Supplier Power
- 3.10.1.2 Buyer Power
- 3.10.1.3 Substitution Threat
- 3.10.1.4 Threat From New Entrants
- 3.10.1.5 Competitive Rivalry
- 3.10.2 PESTLE Analysis
- 3.10.2.1 Political Landscape
- 3.10.2.2 Environmental Landscape
- 3.10.2.3 Social Landscape
- 3.10.2.4 Technology Landscape
- 3.10.2.5 Economic Landscape
- 3.10.2.6 Legal Landscape
- 3.10.3 Major Deals & Strategic Alliances Analysis
- 3.11 Market Entry Strategies
Chapter 4 Protein Supplements Market: Source Estimates & Trend Analysis
- 4.1 Definition & Scope
- 4.2 Source Movement & Market Share Analysis, 2021 & 2030
- 4.3 Animal-based Protein Supplements
- 4.3.1 Global animal-based protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.3.2 Whey Protein Supplements
- 4.3.2.1 Global whey protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.3.3 Casein Protein Supplements
- 4.3.3.1 Global casein protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.3.4. Egg Protein Supplements
- 4.3.4.1 Global egg protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.3.5 Fish Protein Supplements
- 4.3.5.1. Global fish protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.3.6 Other Animal-based Protein Supplements
- 4.3.6.1. Global other animal-based protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.4 Plant-based Protein Supplements
- 4.4.1 Global plant-based protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.4.2 Soy Protein Supplements
- 4.4.2.1 Global soy protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.4.3 Spirulina Protein Supplements
- 4.4.3.1 Global spirulina protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.4.4 Pumpkin Seed Protein Supplements
- 4.4.4.1 Global pumpkin seed protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.4.5 Hemp Protein Supplements
- 4.4.5.1 Global hemp protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.4.6 Rice Protein Supplements
- 4.4.6.1 Global rice protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.4.7 Pea Protein Supplements
- 4.4.7.1 Global pea protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
- 4.4.8 Other Plant-based Protein Supplements
- 4.4.8.1 Global other plant-based protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Chapter 5 Protein Supplements Market: Product Estimates & Trend Analysis
- 5.1 Definition & Scope
- 5.2 Product Movement Analysis & Market Share, 2021 & 2030
- 5.3 Protein Powder
- 5.3.1 Global protein powder market estimates and forecasts, 2017 - 2030 (USD Million)
- 5.4 Protein Bars
- 5.4.1 Global protein bars market estimates and forecasts, 2017 - 2030 (USD Million)
- 5.5 RTD
- 5.5.1 Global RTD protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
- 5.6 Others
- 5.6.1 Global other protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
Chapter 6 Protein Supplements Market: Application Estimates & Trend Analysis
- 6.1 Definition & Scope
- 6.2 Application Movement Analysis & Market Share, 2021 & 2030
- 6.3 Sports Nutrition
- 6.3.1 Global protein supplements market estimates and forecasts, in sports nutrition, 2017 - 2030 (USD Million)
- 6.4 Functional Foods
- 6.4.1 Global protein supplements market estimates and forecasts, in functional foods, 2017 - 2030 (USD Million)
Chapter 7 Protein Supplements Market: Distribution Channel Estimates & Trend Analysis
- 7.1 Definition & Scope
- 7.2 Distribution Channel Movement Analysis & Market Share, 2021 & 2030
- 7.3 Supermarkets & Hypermarkets
- 7.3.1 Global protein supplements market estimates and forecasts, in supermarkets, 2017 - 2030 (USD Million)
- 7.4 Online Stores
- 7.4.1 Global protein supplements market estimates and forecasts, in online stores, 2017 - 2030 (USD Million)
- 7.5 DTC
- 7.5.1 Global protein supplements market estimates and forecasts, in DTC, 2017 - 2030 (USD Million)
- 7.6 Other Distribution Channels
- 7.6.1 Global protein supplements market estimates and forecasts, in other distribution channels, 2017 - 2030 (USD Million)
Chapter 8 Protein Supplements Market: Regional Estimates & Trend Analysis
- 8.1 Regional Market Snapshot
- 8.2 Regional movement & market share analysis, 2021 & 2030
- 8.3 SWOT Analysis, by Region
- 8.3.1 North America
- 8.3.2 Europe
- 8.3.3 Asia Pacific
- 8.3.4 Central & South America
- 8.3.5 Middle East & Africa
- 8.4 North America
- 8.4.1 North America protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.4.2 North America protein supplements market estimates and forecasts, by source, 2017 - 2030 (USD Million)
- 8.4.3 North America Animal-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.4.4 North America plant-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.4.5 North America protein supplements market estimates and forecasts, by product, 2017 - 2030 (USD Million)
- 8.4.6 North America protein supplements market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 8.4.7 North America protein supplements market estimates and forecasts, by distribution channel, 2017 - 2030 (USD Million)
- 8.4.8 U.S.
- 8.4.8.1 U.S. protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.4.8.2 U.S. protein supplements market estimates and forecasts, by source, 2017 - 2030 (USD Million)
- 8.4.8.3 U.S. animal-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.4.8.4 U.S. plant-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.4.8.5 U.S. protein supplements market estimates and forecasts, by product, 2017 - 2030 (USD Million)
- 8.4.8.6 U.S. protein supplements market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 8.4.8.7 U.S. protein supplements market estimates and forecasts, by distribution channel, 2017 - 2030 (USD Million)
- 8.4.9 Canada
- 8.4.9.1 Canada protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.4.9.2 Canada protein supplements market estimates and forecasts, by source, 2017 - 2030 (USD Million)
- 8.4.9.3 Canada animal-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.4.9.4 Canada plant-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.4.9.5 Canada protein supplements market estimates and forecasts, by product, 2017 - 2030 (USD Million)
- 8.4.9.6 Canada protein supplements market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 8.4.9.7 Canada protein supplements market estimates and forecasts, by distribution channel, 2017 - 2030 (USD Million)
- 8.4.10 Mexico
- 8.4.10.1 Mexico protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.4.10.2 Mexico protein supplements market estimates and forecasts, by source, 2017 - 2030 (USD Million)
- 8.4.10.3 Mexico animal-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.4.10.4 Mexico plant-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.4.10.5 Mexico protein supplements market estimates and forecasts, by product, 2017 - 2030 (USD Million)
- 8.4.10.6 Mexico protein supplements market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 8.4.10.7 Mexico protein supplements market estimates and forecasts, by distribution channel, 2017 - 2030 (USD Million)
- 8.5 Europe
- 8.5.1 Europe protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.5.2 Europe protein supplements market estimates and forecasts, by source, 2017 - 2030 (USD Million)
- 8.5.3 Europe animal-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.5.4 Europe plant-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.5.5 Europe protein supplements market estimates and forecasts, by product, 2017 - 2030 (USD Million)
- 8.5.6 Europe protein supplements market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 8.5.7 Europe protein supplements market estimates and forecasts, by distribution channel, 2017 - 2030 (USD Million)
- 8.5.8 Germany
- 8.5.8.1 Germany protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.5.8.2 Germany protein supplements market estimates and forecasts, by source, 2017 - 2030 (USD Million)
- 8.5.8.3 Germany animal-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.5.8.4 Germany plant-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.5.8.5 Germany protein supplements market estimates and forecasts, by product, 2017 - 2030 (USD Million)
- 8.5.8.6 Germany protein supplements market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 8.5.8.7 Germany protein supplements market estimates and forecasts, by distribution channel, 2017 - 2030 (USD Million)
- 8.5.9 U.K
- 8.5.9.1 U.K protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.5.9.2 U.K protein supplements market estimates and forecasts, by source, 2017 - 2030 (USD Million)
- 8.5.9.3 U.K animal-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.5.9.4 U.K plant-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.5.9.5 U.K protein supplements market estimates and forecasts, by product, 2017 - 2030 (USD Million)
- 8.5.9.6 U.K protein supplements market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 8.5.9.7 U.K protein supplements market estimates and forecasts, by distribution channel, 2017 - 2030 (USD Million)
- 8.5.10 France
- 8.5.10.1 France protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.5.10.2 France protein supplements market estimates and forecasts, by source, 2017 - 2030 (USD Million)
- 8.5.10.3 France animal-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.5.10.4 France plant-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.5.10.5 France protein supplements market estimates and forecasts, by product, 2017 - 2030 (USD Million)
- 8.5.10.6 France protein supplements market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 8.5.10.7 France protein supplements market estimates and forecasts, by distribution channel, 2017 - 2030 (USD Million)
- 8.5.11 Italy
- 8.5.11.1 Italy protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.5.11.2 Italy protein supplements market estimates and forecasts, by source, 2017 - 2030 (USD Million)
- 8.5.11.3 Italy animal-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.5.11.4 Italy plant-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.5.11.5 Italy protein supplements market estimates and forecasts, by product, 2017 - 2030 (USD Million)
- 8.5.11.6 Italy protein supplements market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 8.5.11.7 Italy protein supplements market estimates and forecasts, by distribution channel, 2017 - 2030 (USD Million)
- 8.5.12 Spain
- 8.5.12.1 Spain protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.5.12.2 Spain protein supplements market estimates and forecasts, by source, 2017 - 2030 (USD Million)
- 8.5.12.3 Spain animal-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.5.12.4 Spain plant-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.5.12.5 Spain protein supplements market estimates and forecasts, by product, 2017 - 2030 (USD Million)
- 8.5.12.6 Spain protein supplements market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 8.5.12.7 Spain protein supplements market estimates and forecasts, by distribution channel, 2017 - 2030 (USD Million)
- 8.6 Asia Pacific
- 8.6.1 Asia Pacific protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.6.2 Asia Pacific protein supplements market estimates and forecasts, by source, 2017 - 2030 (USD Million)
- 8.6.3 Asia Pacific animal-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.6.4 Asia Pacific plant-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.6.5 Asia Pacific protein supplements market estimates and forecasts, by product, 2017 - 2030 (USD Million)
- 8.6.6 Asia Pacific protein supplements market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 8.6.7 Asia Pacific protein supplements market estimates and forecasts, by distribution channel, 2017 - 2030 (USD Million)
- 8.6.8 China
- 8.6.8.1 China protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.6.8.2 China protein supplements market estimates and forecasts, by source, 2017 - 2030 (USD Million)
- 8.6.8.3 China animal-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.6.8.4 China plant-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.6.8.5 China protein supplements market estimates and forecasts, by product, 2017 - 2030 (USD Million)
- 8.6.8.6 China protein supplements market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 8.6.8.7 China protein supplements market estimates and forecasts, by distribution channel, 2017 - 2030 (USD Million)
- 8.6.9 Japan
- 8.6.9.1 Japan protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.6.9.2 Japan protein supplements market estimates and forecasts, by source, 2017 - 2030 (USD Million)
- 8.6.9.3 Japan animal-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.6.9.4 Japan plant-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.6.9.5 Japan protein supplements market estimates and forecasts, by product, 2017 - 2030 (USD Million)
- 8.6.9.6 Japan protein supplements market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 8.6.9.7 Japan protein supplements market estimates and forecasts, by distribution channel, 2017 - 2030 (USD Million)
- 8.6.10 India
- 8.6.10.1 India protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.6.10.2 India protein supplements market estimates and forecasts, by source, 2017 - 2030 (USD Million)
- 8.6.10.3 India animal-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.6.10.4 India plant-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.6.10.5 India protein supplements market estimates and forecasts, by product, 2017 - 2030 (USD Million)
- 8.6.10.6 India protein supplements market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 8.6.10.7 India protein supplements market estimates and forecasts, by distribution channel, 2017 - 2030 (USD Million)
- 8.6.11 Australia
- 8.6.11.1 Australia protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.6.11.2 Australia protein supplements market estimates and forecasts, by source, 2017 - 2030 (USD Million)
- 8.6.11.3 Australia animal-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.6.11.4 Australia plant-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.6.11.5 Australia protein supplements market estimates and forecasts, by product, 2017 - 2030 (USD Million)
- 8.6.11.6 Australia protein supplements market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 8.6.11.7 Australia protein supplements market estimates and forecasts, by distribution channel, 2017 - 2030 (USD Million)
- 8.7 Central & South America
- 8.7.1 Central & South America protein supplements market estimates and forecasts, 2017 - 2030 (USD Million)
- 8.7.2 Central & South America protein supplements market estimates and forecasts, by source, 2017 - 2030 (USD Million)
- 8.7.3 Central & South America animal-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.7.4 Central & South America plant-based protein supplements market estimates and forecasts, by type, 2017 - 2030 (USD Million)
- 8.7.5 Central & South America protein supplements market estimates and forecasts, by product, 2017 - 2030 (USD Million)
- 8.7.6 Central & South America protein supplements market estimates and forecasts, by application, 2017 - 2030 (USD Million)
- 8.7.7 Central & South America protein supplements market estimates and forecasts, by distribution channel, 2017 - 2030 (USD Million)