Market Research Future (Food and Beverages) Protein Supplement Market | Page 3

Protein Supplement Market Research Report- Forecast to 2023
2 Market Overview
The global market for Protein Supplement has witnessed continued demand during the last few years and is
projected to reach 1,247.78 kilo tons by 2023, at a CAGR of 4.56% by 2023. Increasing awareness about the health
benefits of protein supplements is likely to drive the global protein supplement market.
North America will continue to dominate the protein supplement market with more than 35% market share and it is
projected to reach more than 400 kilo tons with CAGR of 5.65% by 2023. Asia-Pacific will witness highest growth
rate (~5.87%) during forecast period 2017 to 2023. Availability of protein supplement in various forms has increased
the popularity and consumption of protein supplement among health conscious consumers especially in the area of
nutraceuticals and sports and nutrition.
Plant sourced protein supplement will witness a growth rate (~4.95%). By 2023, plant sourced protein supplement
will reach a market volume of more than 600 kilo tons on a global level. High inclination of herbal and natural sourced
nutraceuticals products is found to be having a positive impact in its market share growth. The increasing demand
for protein in the food products also influencing its positive growth rate in global protein supplements market.
Study Objectives of Protein Supplement Market Forecast to 2023:
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Detailed analysis for individual micro and macro markets for Protein Supplement
To estimate market size by Source, Form, Application and Region
To understand the supply and demand dynamics of Protein Supplement
To provide region level market analysis and future outlook for U.S., U.K., Ireland, France, and South-East
Asia
Company profiling of major players & competitive positioning for the Protein Supplement market
Value chain analysis and supply chain analysis of Protein Supplement
Analysis of historical market trends, and technologies, and current government regulatory requirements
related to Protein Supplement market
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