Global Protein Supplements Market report from Global Insight Services is the single authoritative source of intelligence on Protein Supplements Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Protein supplements are a type of dietary supplement that provide a concentrated source of protein. They are typically made from isolated soy, whey, or casein, but can also be made from rice, peas, or hemp. Protein supplements are often used by bodybuilders and other athletes to help promote muscle growth and recovery. However, there is no evidence to suggest that protein supplements are necessary or effective for these purposes. In fact, most people can meet their protein needs through diet alone.
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Covid-19 Impact
The outbreak of COVID-19 has had a significant impact on the protein supplements industry. The demand for protein supplements has declined sharply as gyms and fitness centers have closed down due to the pandemic. This has led to a decrease in sales for many companies in the industry. In addition, the supply of raw materials for protein supplements has been disrupted due to the outbreak of COVID-19. This has led to a shortage of protein supplements in the market and has increased the prices of these products.
Key Trends
The protein supplements market has seen a number of key trends in recent years. One of the most notable is the move towards plant-based proteins. This is in response to the growing awareness of the environmental impact of animal agriculture, as well as the health benefits of plant-based diets.
Another key trend is the increasing popularity of protein powders and shakes.
Key Drivers
The key drivers of this market are the growing health consciousness among people and the rising demand for protein-rich foods. The health benefits of protein are well-known, and people are increasingly looking for ways to increase their intake of this essential nutrient. Protein supplements offer an easy and convenient way to do this.
Another key driver of the protein supplements market is the growing popularity of sports and fitness activities. Protein is essential for muscle growth and recovery, and so protein supplements are increasingly being used by athletes and bodybuilders to improve their performance.
Market Segments
- By Type
- By Form
- By Source
- By Gender
- By Age Group
- By Distribution Channel
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Key Players
- Optimum Nutrition
- MuscleTech
- GNC
- Cellucor
- BSN
- MusclePharm
- Universal Nutrition
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