Precision Business Insights has published a report on the global Protein Supplements Market, estimating its value at USD 19.9 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 9.3% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

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The protein supplements market refers to the industry focused on the production, distribution, and sale of protein-based dietary supplements. These supplements are designed to provide additional protein intake for individuals seeking to improve muscle growth, recovery, or overall health. They come in various forms, such as powders, bars, and ready-to-drink beverages, and are derived from both plant-based (e.g., soy, pea, hemp) and animal-based (e.g., whey, casein, egg) sources.

Drivers:
• Health and Fitness Trends: The growing awareness of health and fitness has led to increased demand for protein supplements, especially among athletes and fitness enthusiasts
• Rising Disposable Income: Improved financial conditions have enabled consumers to spend more on health and wellness products.

The global Protein Supplements Market segmentation:

1) By Source: Animal, Plant
2) By Application: Sports Nutrition, Functional Food
3) By Raw Materials: Casein, Egg Protein, Soy Protein, Whey Protein, Others
4) By Product Form: Protein Powders, RTD, Protein Bars, Others
5) By Distribution Channel: Supermarket, Nutrition Store, Online Stores, Others

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Regional Overview:

The report also examines the current concerns and their Future Effects on the Protein Supplements Market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the Protein Supplements Market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

• North America (U.S., Canada)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
• Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
• Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like Herbalife International of America, Inc. (U.S), Suppleform, Vitaco Health (New Zealand), Abbott Laboratories (U.S), Glanbia Group (Ireland), GlaxoSmithKline (GSK) (UK), GNC Holdings (U.S), Makers Nutrition (U.S).

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