Protein Drink Market size was valued at US$ 21.45 Bn. in 2021 and the total revenue is expected to grow at 8.6% (CAGR) from 2022 to 2029, reaching US$ 41.50 Bn.
A report on the Protein Drink market has been released by Maximize Market Research, a renowned global provider of data and research on the regional and global aerospace and defence sector. The research provides market sizes by region and predictions through 2029 in addition to other key business information.
The research covers a wide range of market - and industry-related topics. Product launches, company growth, alliances, joint ventures, and acquisitions are a few marketing strategies. The creation of this study has taken into account all significant elements of market research that are essential to the situation of the industry today. This market research analysis also covers the key business trends, challenges, and opportunities. The leading business consultant for the aerospace and defence sector, Maximize Market Research, recently published a report on the competitive landscape and market intelligence for the Protein Drink Market. An expert with 18 years of expertise looked at the market from both a domestic and international viewpoint using both primary and secondary data.
Protein Drink Market Overview
The Protein Drink Market is growing at faster with substantial growth rates over the previous few years and it is estimated that the market can grow considerably within the forecasted period i.e., 2021 to 2029. The report provides Protein Drink Market drivers and restraints.
An essential component of a balanced diet is protein. In addition to being essential for muscle growth and repair, protein can also aid in weight loss or maintenance. For this reason, it's critical to have a diet high in protein-rich foods. Finding the time to make a protein-rich lunch or snack might be challenging. These protein beverages fill that need. Whey protein, a by-product of the cheese-making process, is generally used to make protein beverages. However, there are also plant-based protein beverages that use soy, rice, or peas as components. Typically, protein drinks are sold as powders that must be dissolved in water or milk before consumption.
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Market Scope
During the forecast, the Protein Drink Market is developing at a stable rate between 2022 and 2029. Due to the efforts of industry participants, the market is forecast to grow significantly between 2022 and 2029. The report provides current Protein Drink Market trends and future insights in terms of demand, supply chain, and sales, as well as recent changes in the market. Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, and Gross Margin amp; Sales by Product are all included in this Protein Drink Market research report.
PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
Protein Drink Market Segmentation
By Product, the market in 2021 is dominated by protein powder. Fitness professionals, athletes, and fitness gurus all use protein powder to help develop muscle and enhance physical performance. But powder isn't only for professional athletes and fitness buffs; it's routinely used to help individuals meet their daily protein needs, put on or lose weight, or recover from an injury or surgery. These A nutritional supplement called protein powder is created by extracting meals from both plants and animals. Protein powder is adaptable and simple to include into a variety of diets since it comes in a wide variety of tastes, from fruity to flavourless. Granola bars, cookies, drinks, smoothies, soups, pancake batter, and hot cereal all benefit from its inclusion. The most popular use of protein powder is in shakes and smoothies.
In 2021, internet retailers will dominate the market by distribution channel. The key factors influencing the growth of online shopping, the decrease in lead times, the rise in convenience, and the expansion of discounts are the increasing usage of the internet for shopping. The channel for supermarkets and hypermarkets is anticipated to have the second-highest share throughout the anticipated timeframe. Supermarkets and hypermarkets provide a wide variety of products at affordable prices. Sales of goods are anticipated to increase as a result of the development of supermarkets and hypermarkets in both emerging and established countries.
The report's goal is to provide key industry players with a thorough insight of the global protein drink market. The research analyses complex data in plain terms and presents the historical and current state of the industry together with projected market size and trends. The research analyses important companies, including market leaders, followers, and new entries, in detail and covers all areas of the industry.
The research includes a PORTER, PESTEL analysis with the probable influence of market micro-economic aspects. Analysis of external and internal elements that are thought to have a favourable or negative impact on the firm will provide a clear, futuristic image of the sector to the reader.
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Key Players
• Glanbia PLC
• MusclePharm
• Abbott
• CytoSport, Inc.
• Iovate Health Sciences International Inc.
• QuestNutrition
• THE BOUNTIFUL COMPANY
• AMCO Proteins
• NOW Foods
• Transparent Labs
• WOODBOLT DISTRIBUTION LLC
• Dymatize Enterprises LLC
• JymSupplementScience.com
• RSP Nutrition
• BPI Sports LLC
• International Dehydrated Foods, Inc.
• BRF
• Rousselot
• GELITA AG
The global Protein Drink Market research report contains a detailed regional key player analysis of the Protein Drink Market industry, with an emphasis on business growth opportunities and market hurdles in each of the globe’s major regions.
Regional Analysis
The regional analysis provided in our report helps you understand the Protein Drink Market in different regions. Every region has different factors such as political, geographic, economic, etc. which are affecting the Protein Drink Market . Local and regional development plans are often affected by the performance of Protein Drink Market . The reports help in planning the market strategies which are suitable and appropriately applicable according to specific countries and regions in the market.
Key Questions answered in the Protein Drink Market Report are:
- What is Protein Drink Market ?
- What is the forecast period of the Protein Drink Market ?
- What is the competitive scenario of the Protein Drink Market ?
- Which region held the largest market share in the Protein Drink Market ?
- What are the opportunities for the Protein Drink Market ?
- What factors are affecting the Protein Drink Market growth?
- Who are the key players of the Protein Drink Market ?
- Which company held the largest share in the Protein Drink Market ?
- What will be the CAGR of the Protein Drink Market during the forecast period?
- What key trends are likely to emerge in the Protein Drink Market in the coming years?
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Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Protein Drink Market
- Landscape- Leading key players and other prominent key players.
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