Protein Supplement Market Registering a Strong Growth by 2025 Global Protein Supplement Market

The global protein supplement market is segmented on the basis of product type, source type, form type, application type, and distribution Channel. On the basis of product type, the market is segmented into Whey protein, Egg protein, Casein protein, Soy protein, Pea protein, others. and is estimated to witness the highest growth during 2018-2025. Based on the source, the market is segmented into the Animal-based source and Plant-based source. The demand for animal-based is expected to grow at the fastest rate, during the forecast period. Based on Form, the market is segmented into Protein powder, RTD, Protein bars and others. Protein powder generated the highest revenue for the global protein supplement market in 2017. On the basis of the distribution channel, the market is segmented into Supermarket, Online Stores, Direct Customers, and Others. Online Stores generated the highest revenue for the global protein supplement market and is expected to grow at the fastest rate during the forecast period. Based on the application, the market is further segmented into sports nutrition and functional food. Sports Nutrition based application contributed to the largest revenue in 2017 and is expected to witness the highest growth during 2018-2025. North America was the largest region in the global protein supplement market in 2017 and it is estimated to grow over a CAGR of 6.9% during 2018-2025. On the basis of region, the market is segmented into five parts namely North America, Europe, Asia Pacific, Middle-East, Africa and Latin America. Competitive Landscape The global protein supplement market is dominated by a number of players, amongst them the major players are Glanbia, Plc, NOW Foods, AMCO Proteins, MusclePharm Corporation, Abbott Laboratories etc. Companies in this industry are following different strategies to strengthen their market position. For instance, In April 2016, Abbott Laboratories introduced its new nutrition product line for better sports performance under the brand name MYOPLEX. The products provide nutrition for before, after and during workouts. Most of the major vendors in the Global Protein Supplement are actively focused on enhancing their offerings to meet the ongoing demand. Market Segmentation: Global Protein Supplement Market By Product Type  Whey Protein  Egg protein  Casein protein  Soy protein  Pea protein  Others By Source  Animal Based

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