Protein Powder Market to Witness Growth Acceleration 2022-2032
According to the recent FMI report, the sales for protein powder are expected to surpass a value of US$ 36.6 Mn in 2032, rising at a CAGR of around 7.3% through the end of 2032.
Protein powder products are frequently advertised as muscle-building and performance-enhancing items for athletes and other physically active consumers leading to rising sales of the product in various parts of the world.
In the multi-stress settings of goal-directed, frequent, intensive, and/or protracted exercise routines, athletes have heightened physiological protein requirements to maintain enough protein synthesis and energy generation, as well as sufficient immunological function and excellent gut integrity.
Protein requirements rise in tandem with the intensity and duration of athletic performance as a result leading to rising adoption of protein in meals prior to and after the performance, as well as at regular intervals throughout the day, to ensure an adequate supply of essential or indispensable, amino acids.
Protein powder is widely used by normal gym visitors as well. It is frequently taken in addition to other protein-rich foods, with no professional nutrition advice.
Protein powders have been shown to improve the adaptation response to resistance training in resistance-trained subjects under the age of 49, and various indicators of high protein intake have been linked to improved muscle function in young adults, boosting the protein powder industry.
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Key Takeaways from the Protein Powder Market Study:
“Market players are investing in R&D to create innovative products in order to maintain their market position. Manufacturers are also focusing on implementing technological advancement to improve production efficiency.” said a lead analyst at FMI.
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Who is winning?
Key players operating in the global Protein Powder market are focusing on reaching a large consumer base by implementing various strategies such as product innovations, marketing & promotional activity, strengthening distribution channels, and adopting sustainable production.
Some of the leading companies offering protein powder are Omega Protein, Amway, Abbott Laboratories, Glanbia Group, Herbalife International of America Inc., Vitaco Health, ABH Pharma Inc., GlaxoSmithKline, Makers Nutrition, Living Inc., and others.
Get Valuable Insights into Protein Powder Market
FMI, in its new offering, provides an unbiased analysis of protein powder presenting historical demand data (2017-2022) and forecast statistics for the period from (2022-2032).
Protein Powder Market by Category
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By Nature, Protein Powder Market is Segmented as:
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Frequently Asked Questions:
How Big is the Protein Powder Market?
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What Are the Key Trends Shaping the Protein Powder Market?
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
Aug 25, 2022