Global Animal Protein Supplements Market to 2028 – Size, Share and Trends Analysis Report – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Animal Protein Supplements Market Size, Share and Trend Analysis Report by Raw Material (Whey, Casein, Egg, Fish), by Product, by Distribution Channel, by Application, by Region and Segment Forecast, 2020-2028″ report has been added to from ResearchAndMarkets.com offer.

The global animal protein supplements market size is expected to reach USD 22.26 billion by 2028. It is expected to grow at a CAGR of 7.4% from 2020 to 2028.

Companies cited

  • Glanbie

  • AMCO proteins

  • Food Quest

  • NOW Food

  • The Abundant Company

  • MusclePharm Corporation

  • Abbott Laboratories

  • IOVATE Health Sciences International, Inc.

  • Transparent Laboratories

  • WOODBOLT DISTRIBUTION LLC

Rising instances of physical and sports activities among consumers has led to nutrition awareness, which has positively impacted the growth of the market.

The whey raw materials segment dominated the global market in 2020 owing to the availability of high protein content. Also, it is increasingly being used as a source of protein to fortify functional and nutritional food products, which is expected to further increase its demand during the forecast period.

The protein powder products segment accounted for the largest share of revenue in 2020. Growing global exercise and fitness trends coupled with strong consumer preference for snacks that boost energy and help muscle building, contribute to the growth of energy building. snacks like protein bars.

The sports nutrition apps segment has dominated the market in 2020 due to consumers’ desire for a healthy and active lifestyle, which has led to an increase in participation in sports and fitness. Additionally, key players such as Quest Nutrition are focusing on meeting the demand for sports nutrition by introducing protein-enriched products in compact sizes and new formats, thereby fueling the growth.

The Asia-Pacific market is expected to witness the fastest growth over the forecast period owing to increasing urbanization and growing middle class with high disposable income. Additionally, increasing frequency of exercise and emphasis on active and healthy lifestyle in economies such as China and India are expected to contribute to the growth of the market.

Highlights of the Animal Protein Supplements Market Report

  • By raw material, whey segment led the market with a share of over 55.0% in 2020. This is attributed to its health benefits such as building muscle, lowering blood pressure, promoting fat loss, reducing stress and inflammation, repairing muscle tissue, lowering cholesterol levels and promoting overall health

  • The ready-to-drink products segment is expected to register the highest CAGR of 7.8% during the forecast period. This is attributed to the growing demand for the products by fitness enthusiasts and the changing fitness landscape around the world, coupled with a strong demand for convenience among consumers.

  • By distribution channel, the online store segment is expected to grow at the fastest rate during the forecast period. The easy availability of multiple brands, internet penetration in developing countries, and shopping convenience are key factors driving sales growth through online retail.

  • The sports nutrition application segment accounted for the largest share of more than 60.0% in 2020 due to an increase in the number of consumers focusing on personal care, preventive medications and fitness activities, coupled with the increase in the number of lifestyle-related diseases, such as diabetes. and obesity

  • North America dominated the market with over 45.0% share in 2020. Factors fueling market growth in the region include rising healthcare costs, rapid advancements in science and of technology, the increase in the geriatric population and the growing interest in wellness through food.

Main topics covered:

Chapter 1. Methodology and scope

Chapter 2. Executive Summary

Chapter 3. Market Variables, Trends and Scope

3.1. Market Line Prospects

3.1.1. Parent Market Outlook

3.1.2. Related Market Outlook

3.2. Mapping of penetration and growth prospects

3.3. Industry Value Chain Analysis

3.3.1. Analysis of the main trends in raw materials

3.3.2. Manufacturing trends

3.3.3. Sales channel analysis

3.4. Regulatory framework

3.5. Technological framework

3.6. Animal Protein Supplements Market Dynamics

3.6.1. Market Driver Analysis

3.6.2. Market Restriction Analysis

3.6.3. Industry Challenges

3.7. Trade Environmental Tools Analysis: Animal-Based Protein Supplements Market

3.8. Major strategic agreements and alliances

3.9. Market entry strategies

Chapter 4. Animal Protein Supplements Market: Raw Material Estimates and Trend Analysis

Chapter 5. Animal Protein Supplements Market: Product Estimates and Trend Analysis

Chapter 6. Animal Protein Supplements Market: Distribution Channel Estimates and Trend Analysis

Chapter 7. Animal Protein Supplements Market: Application Estimates and Trend Analysis

Chapter 8. Animal Protein Supplements Market: Regional Estimates and Trend Analysis

Chapter 9. Competitive Landscape

9.1. Global key players, their initiatives and its impact on the market

9.2. Categorization of key companies

9.3. Supplier Landscape

9.4. Public enterprises

9.5. Private companies

Chapter 10. Business Profiles

For more information about this report visit https://www.researchandmarkets.com/r/z8qj7j

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