Market Overview

The Global Protein Supplements Market was valued at USD 6,459.1 million in 2023 and is expected to reach USD 12,044.2 million by 2031 while growing at a CAGR of 8.1% during the forecast period (2024-2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global protein supplements market growth. Protein supplements, tailored to offer a concentrated protein source, are widely used by individuals like athletes, bodybuilders, or those with dietary restrictions. They aid in meeting protein requirements that may be challenging through regular food alone.

Increasing health and fitness awareness, along with a growing interest in plant-based proteins, propels the protein supplements market. Nevertheless, potential negative health effects, skepticism, and misinformation pose obstacles to market expansion.

Furthermore, the global protein supplements industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Form Analysis

The Global Protein Supplements Market is segmented among Powder, Ready to Drink, Bars, and Other Forms, based on Form. In 2023, Powder accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Source Analysis

The Global Protein Supplements Market is segmented among Animal-based, and Plant-based, based on Source. In 2023, Animal-based accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Protein Supplements Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Glanbia Plc, Lovate Health Sciences International Inc., The Hut Group, Scitec Nutrition, Weider Global Nutrition LLC, Abbott Laboratories, Nestle SA, Post Holdings, Inc., Meiji Holdings Co., Ltd, and Mondelez International Inc.  

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Protein Supplements Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Protein Supplements Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Protein Supplements Market Segmentation, By Form

• Global Protein Supplements Market Share Analysis, By Form

• Global Protein Supplements Market Growth Analysis, By Form

• Global Protein Supplements Market Trends, By Form

o Powder

o Ready to Drink

o Bars

o Other Forms

6. Global Protein Supplements Market Segmentation, By Source  

• Global Protein Supplements Market Share Analysis, By Source  

• Global Protein Supplements Market Growth Analysis, By Source  

• Global Protein Supplements Market Trends, By Source  

o Animal-based

o Plant-based

7. Global Protein Supplements Market Segmentation, By Distribution Channel  

• Global Protein Supplements Market Share Analysis, By Distribution Channel  

• Global Protein Supplements Market Growth Analysis, By Distribution Channel  

• Global Protein Supplements Market Trends, By Distribution Channel  

o Supermarkets & Hypermarkets

o Pharmacies and Drug Stores

o Specialty Stores

o Online Retail Stores

o Gym and Health Clubs

o Other Distribution Channels   

8. Global Protein Supplements Market Segmentation, By Region

• Global Protein Supplements Market Share Analysis, By Region

• Global Protein Supplements Market Growth Analysis, By Region

• Global Protein Supplements Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

9. Competitive Landscape

• Glanbia Plc*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Lovate Health Sciences International Inc.

• The Hut Group

• Scitec Nutrition

• Weider Global Nutrition Llc

• Abbott Laboratories

• Nestle SA

• Post Holdings, Inc.

• Meiji Holdings Co., Ltd

• Mondelez International Inc

 *Similar analysis will be provided for each company listed above.