Animal Based Protein Supplements Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2022 – 2030
The global animal based protein supplements market size was valued at USD 12.70 billion in 2020, and is predicted to be worth around USD 30.26 billion by 2030, registering a CAGR of 7.6% during the forecast period 2022 to 2030.
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Growth Factors
Increasing instances of fitness and sporting activities among consumers have led to nutrition awareness, thus positively impacting the market growth. 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.
The sports nutrition application segment dominated the market in 2020 owing to consumers’ desire for a healthy and active lifestyle, which has led to an increase in sports and fitness participation. Additionally, key players such as Quest Nutrition are focusing to meet the demand for sports nutrition by introducing products enriched with proteins in compact sizes and new formats, thus fueling the growth.
Report Coverage
Report Scope | Details |
Market Size | US$ 30.26 billion by 2030 |
Growth Rate | CAGR of 7.6% From 2022 to 2030 |
Largest Market | North America |
Base Year | 2021 |
Forecast Period | 2022 to 2030 |
Segments Covered | Raw Material, Product, Distribution Channel, Application |
Regional Scope | North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Companies Mentioned | Glanbia plc; Muscle Pharm Corporation; Abbott Laboratories; Cyto Sport, Inc.; Iovate Health Sciences International Inc.; Quest Nutrition; THE BOUNTIFUL COMPANY; AMCO Proteins; NOW Foods; Transparent Labs; WOODBOLT DISTRIBUTION LLC |
By Raw Material Analysis
Whey protein dominated the market with a revenue share of over 55.0% in 2020. The rising incidence of chronic illnesses due to the changing lifestyles, particularly among the millennial population, is one of the key factors driving the adoption of protein-rich diets, which, in turn, is likely to augment the demand for whey protein during the forecast period.
The consumption of high protein-based foods and the increasing focus on fitness among consumers are projected to drive the demand for egg proteins for sports nutrition applications.
Fish proteins are likely to witness a growth in demand in the sports nutrition application segment over the forecast period on account of their fast absorption functionality, which promotes lean muscle mass.
Fish proteins are also increasingly being utilized in functional food on account of their ability to help reduce wrinkles, support stronger hair, and increase skin elasticity.
By Product Analysis
Protein powder dominated the market with a revenue share of over 60.0% in 2020. Rising concerns among consumers regarding daily protein intake, coupled with the convenience and easy usability of protein powders for making protein shakes or for blending them with various food products in order to suit varying tastes, are expected to fuel the product demand.
The RTD segment is expected to witness the fastest growth over the forecast period owing to the increasing acceptance of the product as a meal replacement.
The demand for RTD animal based protein supplements is also expected to be driven by factors such as increasing awareness regarding healthy living and an increase in health and fitness centers.
By Distribution Channel Analysis
The online stores segment accounted for the largest revenue share of over 30.0% in 2020 owing to the availability of easy access to products according to varying tastes and preferences as well as the increased number of brands to choose from.
Supermarkets and hypermarkets contribute significantly to the sales of protein supplements in Europe and North America owing to the higher prevalence.
The specialty stores segment is likely to register a CAGR of 6.1% during the forecast period. The robust growth of specialty stores in developed and developing countries owing to their wide product offerings in a single category, flexible store formats, unique designs, and product displays has been attracting customers towards specialty stores.
By Application Analysis
Sports nutrition accounted for the largest revenue share of over 60.0% in 2020. This is due to animal proteins exhibiting prebiotic, antimicrobial, antioxidant, and hypertensive properties in nutritional beverages, ready-to-drink protein shakes, and dry-mix beverages.
Rising obesity levels globally are expected to propel the demand for sports nutritional supplements. With an increasing number of individuals engaging in sports and other physical activities to fight obesity, coupled with an increase in the number of fitness centers, health clubs, and gymnasiums,
The demand for functional foods is increasing owing to a change in customer lifestyle and eating habits, which has led to a deficiency of essential nutrients. Functional foods are increasingly being enriched with protein supplements to keep up with the customer demand for health and wellness beyond the essential intake of nutrition.
By Regional Analysis
North America accounted for the largest revenue share of over 45.0% in 2020 owing to high consumer awareness regarding the protein content in animal based supplements and focus on leading healthy and active lifestyles.
The consumption of animal-based protein supplements in Europe is high due to consumer awareness regarding the link between right nutrition and exercising regularly. In addition, high disposable income and the availability of raw materials in the region are expected to create growth potential for the market.
Changing lifestyles, rising urbanization, and shifting dietary preferences of consumers have led to increasing demand for nutritive food products in Asia Pacific, which is further likely to drive the market statistics.
Key Players
- Glanbiaplc
- MusclePharm Corporation
- Abbott Laboratories
- CytoSport, Inc.
- Iovate Health Sciences International Inc.
- QuestNutrition
- THE BOUNTIFUL COMPANY
- AMCO Proteins
- NOW Foods
- Transparent Labs
- WOODBOLT DISTRIBUTION LLC
Market Segmentation
- By Raw Material
- Whey
- Casein
- Egg
- Fish
- Others
- By Product
- Protein Powder
- Protein Bars
- Ready-to-Drink
- Others
- By Distribution Channel
- Supermarkets/ Hypermarkets
- Online Stores
- Chemist/ Drugstores
- Specialty Stores
- Others
- By Application
- Sports Nutrition
- Functional Food
- Regional
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Asia Pacific
- China
- Japan
- India
- Australia
- Central & South America
- Brazil
- Middle East & Africa
- UAE
- North America
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Reasons to Purchase this Report:
– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Animal Based Protein Supplements Market, By Raw Material
7.1. Animal Based Protein Supplements Market, by Raw Material, 2021-2030
7.1.1. Whey
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. Casein
7.1.2.1. Market Revenue and Forecast (2017-2030)
7.1.3. Egg
7.1.3.1. Market Revenue and Forecast (2017-2030)
7.1.4. Fish
7.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Animal Based Protein Supplements Market, By Product
8.1. Animal Based Protein Supplements Market, by Product, 2021-2030
8.1.1. Protein Powder
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Protein Bars
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Ready-to-Drink
8.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Animal Based Protein Supplements Market, By Distribution Channel
9.1. Animal Based Protein Supplements Market, by Distribution Channel, 2021-2030
9.1.1. Supermarkets/ Hypermarkets
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Online Stores
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Chemist/ Drugstores
9.1.3.1. Market Revenue and Forecast (2017-2030)
9.1.4. Specialty Stores
9.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Animal Based Protein Supplements Market, By Application
10.1. Animal Based Protein Supplements Market, by Application, 2021-2030
10.1.1. Sports Nutrition
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. Functional Food
10.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Animal Based Protein Supplements Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Raw Material (2017-2030)
11.1.2. Market Revenue and Forecast, by Product (2017-2030)
11.1.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.1.4. Market Revenue and Forecast, by Application (2017-2030)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Raw Material (2017-2030)
11.1.5.2. Market Revenue and Forecast, by Product (2017-2030)
11.1.5.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.1.5.4. Market Revenue and Forecast, by Application (2017-2030)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Raw Material (2017-2030)
11.1.6.2. Market Revenue and Forecast, by Product (2017-2030)
11.1.6.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.1.6.4. Market Revenue and Forecast, by Application (2017-2030)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Raw Material (2017-2030)
11.2.2. Market Revenue and Forecast, by Product (2017-2030)
11.2.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.2.4. Market Revenue and Forecast, by Application (2017-2030)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Raw Material (2017-2030)
11.2.5.2. Market Revenue and Forecast, by Product (2017-2030)
11.2.5.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.2.5.4. Market Revenue and Forecast, by Application (2017-2030)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Raw Material (2017-2030)
11.2.6.2. Market Revenue and Forecast, by Product (2017-2030)
11.2.6.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.2.6.4. Market Revenue and Forecast, by Application (2017-2030)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Raw Material (2017-2030)
11.2.7.2. Market Revenue and Forecast, by Product (2017-2030)
11.2.7.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.2.7.4. Market Revenue and Forecast, by Application (2017-2030)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Raw Material (2017-2030)
11.2.8.2. Market Revenue and Forecast, by Product (2017-2030)
11.2.8.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.2.8.4. Market Revenue and Forecast, by Application (2017-2030)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Raw Material (2017-2030)
11.3.2. Market Revenue and Forecast, by Product (2017-2030)
11.3.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.3.4. Market Revenue and Forecast, by Application (2017-2030)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Raw Material (2017-2030)
11.3.5.2. Market Revenue and Forecast, by Product (2017-2030)
11.3.5.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.3.5.4. Market Revenue and Forecast, by Application (2017-2030)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Raw Material (2017-2030)
11.3.6.2. Market Revenue and Forecast, by Product (2017-2030)
11.3.6.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.3.6.4. Market Revenue and Forecast, by Application (2017-2030)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Raw Material (2017-2030)
11.3.7.2. Market Revenue and Forecast, by Product (2017-2030)
11.3.7.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.3.7.4. Market Revenue and Forecast, by Application (2017-2030)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Raw Material (2017-2030)
11.3.8.2. Market Revenue and Forecast, by Product (2017-2030)
11.3.8.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.3.8.4. Market Revenue and Forecast, by Application (2017-2030)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Raw Material (2017-2030)
11.4.2. Market Revenue and Forecast, by Product (2017-2030)
11.4.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.4.4. Market Revenue and Forecast, by Application (2017-2030)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Raw Material (2017-2030)
11.4.5.2. Market Revenue and Forecast, by Product (2017-2030)
11.4.5.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.4.5.4. Market Revenue and Forecast, by Application (2017-2030)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Raw Material (2017-2030)
11.4.6.2. Market Revenue and Forecast, by Product (2017-2030)
11.4.6.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.4.6.4. Market Revenue and Forecast, by Application (2017-2030)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Raw Material (2017-2030)
11.4.7.2. Market Revenue and Forecast, by Product (2017-2030)
11.4.7.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.4.7.4. Market Revenue and Forecast, by Application (2017-2030)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Raw Material (2017-2030)
11.4.8.2. Market Revenue and Forecast, by Product (2017-2030)
11.4.8.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.4.8.4. Market Revenue and Forecast, by Application (2017-2030)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Raw Material (2017-2030)
11.5.2. Market Revenue and Forecast, by Product (2017-2030)
11.5.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.5.4. Market Revenue and Forecast, by Application (2017-2030)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Raw Material (2017-2030)
11.5.5.2. Market Revenue and Forecast, by Product (2017-2030)
11.5.5.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.5.5.4. Market Revenue and Forecast, by Application (2017-2030)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Raw Material (2017-2030)
11.5.6.2. Market Revenue and Forecast, by Product (2017-2030)
11.5.6.3. Market Revenue and Forecast, by Distribution Channel (2017-2030)
11.5.6.4. Market Revenue and Forecast, by Application (2017-2030)
Chapter 12. Company Profiles
12.1. Glanbiaplc
12.1.1. Company Overview
12.1.2. Raw Material Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. MusclePharm Corporation
12.2.1. Company Overview
12.2.2. Raw Material Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Abbott Laboratories
12.3.1. Company Overview
12.3.2. Raw Material Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. CytoSport, Inc.
12.4.1. Company Overview
12.4.2. Raw Material Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Iovate Health Sciences International Inc.
12.5.1. Company Overview
12.5.2. Raw Material Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. QuestNutrition
12.6.1. Company Overview
12.6.2. Raw Material Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. THE BOUNTIFUL COMPANY
12.7.1. Company Overview
12.7.2. Raw Material Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. AMCO Proteins
12.8.1. Company Overview
12.8.2. Raw Material Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. NOW Foods
12.9.1. Company Overview
12.9.2. Raw Material Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Transparent Labs
12.10.1. Company Overview
12.10.2. Raw Material Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
12.11. WOODBOLT DISTRIBUTION LLC
12.11.1. Company Overview
12.11.2. Raw Material Offerings
12.11.3. Financial Performance
12.11.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
Glossary of Terms
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