In terms of revenue, the Global Protein Supplements Market is expected to reach USD 32.5 Billion by 2028, growing at a Compound Annual Growth Rate (CAGR) of 8.3% from 2022 to 2028.

In recent years, the average person in more than 90% of the world’s countries and territories consumed more protein than estimated requirements. Global average protein consumption was approximately 68 grams per person per day which is more than one-third higher than the average daily adult requirement. In the world’s wealthiest regions, protein consumption was higher still. The market is dominated mainly by the increasing consumption of Protein Supplements Market in the sports sector. The majority of the bodybuilding population is consuming Protein Supplements Market owing to a better and healthy lifestyle.

Key Findings:

• The plant-based sub-segment of the type segment is anticipated to dominate the Protein Supplements Market. The increasing use of plant-based Protein Supplements Market among the population is a major factor driving this segment.

• The application segment accounted for the largest market share in 2021 for the Protein Supplements Market. Protein Supplements Market find large-scale applications in the sports and medical industries owing to their high consumption by sportsmen, athletes, and bodybuilders as dietary supplements.

• North America is the largest regional segment. This surge is attributed to the rising demand of Protein Supplements Market in developing economies with disposable income.

Protein Supplements Market are widely marketed for athletes and habitually active consumers as muscle growth and performance-enhancing products, and high-protein, low-carbohydrate diets are traditionally applied for weight-loss purposes. However, the knowledge about the nutritional significance and effects of dietary protein and sports supplement products varies greatly among sportspeople and lifestyle users, especially in relation to individual sports activity levels and overall diet and metabolic state. This has been considered by the regulatory authorities in the European Union in the Report from the Commission to the European Parliament and the Council on Food Intended for Sportspeople. The report defines ‘sportspeople’ as “people who practice sport once a week or more” and ´lifestyle users´ as people consuming food and supplements intended for sportspeople but “practice sport less than once a week or not at all.

North America is expected to dominate the Global Protein Supplements Market in 2021 and is likely to continue the same trend during the forecast period. An increase in government initiatives and support for protein Protein Supplements Market’ growth is likely to generate demand in this region for this market in near future. Increasing demand for Protein Supplements Market in a healthy diet and increasing inclination toward fitness in countries such as India & China are further adding to the spotlight. Significant improvements in the protein intake of the young generation, especially in the developing economies, are providing a thrust to the Protein Supplements Market growth.

About Vantage Market Research:

We, at Vantage Market Research, provide quantified B2B high quality research on more than 20,000 emerging markets, in turn, helping our clients map out constellation of opportunities for their businesses. We, as a competitive intelligence market research and consulting firm provide end to end solutions to our client enterprises to meet their crucial business objectives. Our clientele base spans across 70% of Global Fortune 500 companies. The company provides high quality data and market research services. The company serves various enterprises and clients in a wide variety of industries. The company offers detailed reports on multiple industries including Chemical Materials and Energy, Food and Beverages, Healthcare Technology, etc. The company’s experienced team of Analysts, Researchers, and Consultants use proprietary data sources and numerous statistical tools and techniques to gather and analyse information.