Protein Supplements Market: By Source, By Application, By Raw Materials, By Product Form By Distribution Channel, and Region Forecast 2019-2030

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Protein Supplements Market Size, Share, Growth, Trends, and Global Industry Analysis: By Source (Animal, Plant), By Application (Sports Nutrition, Functional Food), By Raw Materials (Casein, Egg Protein, Soy Protein, Whey Protein, Others), By Product Form (Protein Powders, RTD, Protein Bars, Others) By Distribution Channel (Supermarket, Nutrition Store, Online Stores, Others), and Region Forecast 2019-2030

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Protein Supplements Market size was valued at US$ 18.24 billion in 2023 and is expected to grow at a CAGR of 9.3% from 2024 to 2030. Protein supplements are flavored dietary supplements added to diet without food consumption. Proteins are fundamental components of all living organisms. These are essential for the proper functioning, growth, and repair of the living organism's tissue. An increase in health consciousness among the people, and a surge in fitness centers is expected to drive the Market. The soaring obesity rates are indicating the demand for protein supplements.

The industry is gaining traction due to rising health awareness and an increase in the number of fitness facilities around the world. Over the forecast period, rising product popularity among millennials, combined with their desire to improve their health through a well-balanced diet, is likely to drive up demand for protein supplements. Because of changing lifestyles, people are becoming more reliant on supplements to meet their daily nutritional needs, which is likely to drive product demand even higher. North America, led by the United States, was the largest regional market in 2020.

Proteins derived from animal sources are becoming more expensive, prompting producers to seek out cheaper alternatives. Plant-based sources, including as soy, canola, rice, wheat, and pea, are, on the other hand, becoming more popular as supplements. Various companies are exploring new prospects by valorizing components to improve the nutritional value of their products or creating new applications for vicelin, globulins, prolamins, and albumins, among other proteins.

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Protein Supplements Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

9.3%

Largest Market

North America

Fastest Growing Market

Asia Pacific

Protein Supplements Market Dynamics

The increasing awareness among the people regarding the benefits of protein supplements is expected to enhance the growth of the market. The growing adoption of the protein-rich diet as a part of the weight reduction is attributing towards the growth of the market. However, the high raw material prices, presence of alternative substituents at lower cost are expected to hamper the growth of the market.

Protein Supplements Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 18.24 billion

Market CAGR

9.3%

By Source

  • Animal
  • Plant

By Application

  • Sports Nutrition
  • Functional Food

By Raw Material

  • Casein
  • Egg Protein
  • Soy Protein
  • Whey Protein
  • Others

By Product Form

  • Protein Powders
  • RTD
  • Protein Bars
  • Others

Key Features of the Report

  • The protein supplements market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis in addition to recent technology advancements and innovations in the market

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Frequently Asked Questions

The global protein supplements market size was valued at US$ 18.24 billion in 2023 and is projected to grow at a CAGR of 9.3% from 2024 to 2030.

The market key players are: Herbalife International of America, Inc. (U.S) Suppleform, and Vitaco Health (New Zealand) Abbott Laboratories (U.S) Glanbia Group (Ireland) GlaxoSmithKline (GSK) (UK) GNC Holdings (U.S) Makers Nutrition (U.S)

The market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

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Author

Sravani

Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of expe.....

 

1. Executive Summary
2. Global Protein Supplements Market Introduction 
2.1.Global Protein Supplements Market  - Taxonomy
2.2.Global Protein Supplements Market  - Definitions
2.2.1.Source
2.2.2.Application
2.2.3.Raw Material
2.2.4.Product Form
2.2.5.Region
3. Global Protein Supplements Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Protein Supplements Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Protein Supplements Market  By Source, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Animal
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Plant
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
6. Global Protein Supplements Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Sports Nutrition
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Functional Food
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
7. Global Protein Supplements Market  By Raw Material, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Casein
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Egg Protein
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Soy Protein
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Whey Protein
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Others
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8. Global Protein Supplements Market  By Product Form, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Protein Powders
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. RTD
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Protein Bars
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Others
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
9. Global Protein Supplements Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. North America
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.1.3. Market Opportunity Analysis 
9.2. Europe
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.2.3. Market Opportunity Analysis 
9.3. Asia Pacific (APAC)
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.3.3. Market Opportunity Analysis 
9.4. Middle East and Africa (MEA)
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.4.3. Market Opportunity Analysis 
9.5. Latin America
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
9.5.3. Market Opportunity Analysis 
10. North America Protein Supplements Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Source Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Animal
10.1.2.Plant
10.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Sports Nutrition
10.2.2.Functional Food
10.3.  Raw Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Casein
10.3.2.Egg Protein
10.3.3.Soy Protein
10.3.4.Whey Protein
10.3.5.Others
10.4.  Product Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Protein Powders
10.4.2.RTD
10.4.3.Protein Bars
10.4.4.Others
10.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.5.1.United States of America (USA)
10.5.2.Canada
11. Europe Protein Supplements Market,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Source Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Animal
11.1.2.Plant
11.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Sports Nutrition
11.2.2.Functional Food
11.3.  Raw Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Casein
11.3.2.Egg Protein
11.3.3.Soy Protein
11.3.4.Whey Protein
11.3.5.Others
11.4.  Product Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.Protein Powders
11.4.2.RTD
11.4.3.Protein Bars
11.4.4.Others
11.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.5.1.Germany
11.5.2.France
11.5.3.Italy
11.5.4.United Kingdom (UK)
11.5.5.Spain
11.5.6.Rest of EU
12. Asia Pacific (APAC) Protein Supplements Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Source Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Animal
12.1.2.Plant
12.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Sports Nutrition
12.2.2.Functional Food
12.3.  Raw Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Casein
12.3.2.Egg Protein
12.3.3.Soy Protein
12.3.4.Whey Protein
12.3.5.Others
12.4.  Product Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.Protein Powders
12.4.2.RTD
12.4.3.Protein Bars
12.4.4.Others
12.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.5.1.China
12.5.2.India
12.5.3.Australia and New Zealand (ANZ)
12.5.4.Japan
12.5.5.Rest of APAC
13. Middle East and Africa (MEA) Protein Supplements Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Source Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Animal
13.1.2.Plant
13.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Sports Nutrition
13.2.2.Functional Food
13.3.  Raw Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Casein
13.3.2.Egg Protein
13.3.3.Soy Protein
13.3.4.Whey Protein
13.3.5.Others
13.4.  Product Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Protein Powders
13.4.2.RTD
13.4.3.Protein Bars
13.4.4.Others
13.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.5.1.GCC Countries
13.5.2.South Africa
13.5.3.Rest of MEA
14. Latin America Protein Supplements Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
14.1. Source Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.1.1.Animal
14.1.2.Plant
14.2.  Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.2.1.Sports Nutrition
14.2.2.Functional Food
14.3.  Raw Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.3.1.Casein
14.3.2.Egg Protein
14.3.3.Soy Protein
14.3.4.Whey Protein
14.3.5.Others
14.4.  Product Form Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.4.1.Protein Powders
14.4.2.RTD
14.4.3.Protein Bars
14.4.4.Others
14.5.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
14.5.1.Brazil
14.5.2.Mexico
14.5.3.Rest of LA
15. Competition Landscape
15.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
15.2.1.Herbalife International of America, Inc. (U.S)
15.2.2.Suppleform, and Vitaco Health (New Zealand)
15.2.3.Abbott Laboratories (U.S)
15.2.4.Glanbia Group (Ireland)
15.2.5.GlaxoSmithKline (GSK) (UK)
15.2.6.GNC Holdings (U.S)
15.2.7.Makers Nutrition (U.S)
16. Research Methodology 
17. Appendix and Abbreviations 

Key Market Players

  • Herbalife International of America, Inc. (U.S)
  • Suppleform, and 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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