Global Protein Supplements market cagr 12.2%

Protein Supplements Market Size and Growth

The global protein supplements market is expected to reach a value of $21.5 billion by 2025, driven by increasing health awareness and fitness trends. The market is characterized by a wide range of products catering to various consumer needs, with whey protein dominating the market share. Growth is expected to be driven by innovative product launches, expanding distribution channels, and increasing demand for plant-based protein supplements.

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Companies Covered (Covid 19 Impact Covered)

◍ Amway Corporation

◍ Abbott Laboratories

◍ ABH Pharma

◍ GlaxoSmithKline

◍ GNC Holdings

◍ Glanbia Group

◍ New Vitality

◍ Nu Skin Enterprises

◍ Makers Nutrition

◍ Vitaco Health

◍ Forever Living

◍ Shaklee Corporation

◍ USANA Health Sciences

The protein supplements market is highly competitive with key players such as Amway Corporation, Abbott Laboratories, GlaxoSmithKline, GNC Holdings, Glanbia Group, and more offering a variety of products to cater to the growing demand for protein supplements. These companies leverage their strong distribution networks, marketing strategies, and product innovation to drive growth in the market.

- Amway Corporation: Sales revenue of $8.8 billion

- Abbott Laboratories: Sales revenue of $33.9 billion

- GlaxoSmithKline: Sales revenue of $42.3 billion

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Market Segmentation

By Application

◍ Retail Outlets

◍ Online Stores

By Product

◍ Whey Protein

◍ Egg Protein

◍ Soy Protein

◍ Casein

◍ Others

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Market Growth

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$ X Billion USD