Animal Based Protein Supplements Market Application Outlook and Research Report by 2028

Animal Based Protein Supplements Industry Overview

The global animal based protein supplements market size was valued at USD 12.61 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 7.4% from 2020 to 2028. An increasing number of health-conscious consumers demanding supplements with high protein content and nutritional value is favoring the market growth. Numerous health benefits are associated with animal based protein supplements and it has been supported by strong scientific evidence and recognized by the government food regulatory institutions, such as the FDA. Thus, an increasing number of health issues among consumers due to a lack of healthy nutrients is expected to drive the market. The dominant trend towards the consumption of high protein products among consumers has enhanced the growth of animal based protein supplements. With the population being inclined towards sports and fitness, the demand for these supplements is further expected to escalate during the forecast period.

The U.S. dominated the market in 2020. The trend of being proactive toward chronic health problems has spurred the demand for animal based protein supplements in the U.S. Moreover, the growing trend of personalized nutrition in the country is expected to have a positive impact on product demand.

Gather more insights about the market drivers, restraints, and growth of the Global Animal Based Protein Supplements Market

The product is increasingly being preferred by the manufacturers of sports nutrition owing to its wide availability and strong amino profile. However, the market growth is expected to hinder during the forecast period with the increasing number of vegan and lactose-intolerant customers inclining towards plant-based supplements.

With the COVID-19 outbreak, consumers became more aware of the way that health and wellness can reduce the risk of mortality. The pandemic shifted the focus of customers to preventive healthcare. However, the imposition of lockdowns across countries resulted in the closures of gyms and fitness centers impacting sales of protein supplements.

However, with the relaxation in lockdown regulations, the demand for whey protein supplements increased substantially owing to it being a complete source of protein for maintaining overall health. It also offers all the essential amino acids that aid in maintaining the cell structure of the immune system, thereby attracting customers.

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Animal Based Protein Supplements Industry Segmentation

Grand View Research has segmented the global animal based protein supplements market on the basis of raw material, product, distribution channel, application, and region:

Animal Based Protein Supplements Raw Material Outlook (Revenue, USD Million, 2017 - 2028)

• Whey
• Casein
• Egg
• Fish
• Others

Animal Based Protein Supplements Product Outlook (Revenue, USD Million, 2017 - 2028)

• Protein Powder
• Protein Bars
• Ready-to-Drink
• Others

Animal Based Protein Supplements Distribution Channel Outlook (Revenue, USD Million, 2017 - 2028)

• Supermarkets/ Hypermarkets
• Online Stores
• Chemist/ Drugstores
• Specialty Stores
• Others

Animal Based Protein Supplements Application Outlook (Revenue, USD Million, 2017 - 2028)

• Sports Nutrition
• Functional Food

Animal Based Protein Supplements Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
• Europe
• Asia Pacific
• Central & South America
• MEA (Middle East & Africa)

Market Share Insights:

March 2019: Quest Nutrition launched protein powders in 1.6 lbs. and 3 lbs. size variations in a wide variety of flavors.

Key Companies profiled:

Some prominent players in the global Animal Based Protein Supplements Industry include

• Glanbia plc
• MusclePharm Corporation
• Abbott Laboratories
• CytoSport, Inc.
• Iovate Health Sciences International Inc.
• Quest Nutrition
• THE BOUNTIFUL COMPANY
• AMCO Proteins
• NOW Foods
• Transparent Labs
• WOODBOLT DISTRIBUTION LLC

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