Global Protein Supplements Market Size & Outlook
Global protein supplements market, 2018-2030 (US$M)
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Global protein supplements market highlights
- The global protein supplements market generated a revenue of USD 6,384.0 million in 2023 and is expected to reach USD 10,802.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.8% by 2030.
- In terms of segment, animal based accounted for a revenue of USD 3,732.4 million in 2023.
- Plant Based is the most lucrative source segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Italy is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 6,384.0 million |
| Market revenue in 2030 | USD 10,802.5 million |
| Growth rate | 7.8% (CAGR from 2023 to 2030) |
| Largest segment | Animal based |
| Fastest growing segment | Plant Based |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Animal Based, Plant Based |
Other key industry trends
- In terms of revenue, the North America accounted for 41.4% of the global protein supplements market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Italy is the fastest growing regional market and is projected to reach USD 192.4 million by 2030.
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Protein Supplements Market Scope
Protein Supplements Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global protein supplements market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to protein supplements market will help companies and investors design strategic landscapes.
Animal based was the largest segment with a revenue share of 58.46% in 2023. Horizon Databook has segmented the Global protein supplements market based on animal based, plant based covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Protein Supplements Source Outlook (Revenue, USD Million, 2018-2030)
- Animal Based
- Whey
- Casein
- Egg
- Fish
- Others
- Plant Based
- Soy
- Spirulina
- Pumkin Seed
- Wheat
- Hemp
- Rice
- Pea
- Others
- Animal Based
- Global Protein Supplements Product Outlook (Revenue, USD Million, 2018-2030)
- Protein Powder
- Protein Bars
- RTD
- Others
- Global Protein Supplements Application Outlook (Revenue, USD Million, 2018-2030)
- Sports Nutrition
- Functional Foods
- Global Protein Supplements Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Supermarkets
- Online Stores
- DTC
- Others
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Target buyers of Global protein supplements market databook
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Our clientele includes a mix of protein supplements market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global protein supplements market , including forecasts for subscribers. This global databook contains high-level insights into Global protein supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global protein supplements market size, by regions, 2018-2030 (US$M)
Top 10 countries: Protein supplements market size, 2023 (US$M)
Global protein supplements market share, by source, 2023 & 2030 (%, US$M)
Protein supplements market: Opportunity assessment by country
Global protein supplements market, by region, 2023 (US$M)
| Source | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 2,314.6 | 2,465.3 | 2,333.5 | 2,600.1 | 2,419.1 | 2,640.5 | 2,824.7 | 3,027.3 | 3,250.1 | 3,495.3 | 3,765.5 | 4,063.4 | 4,392.3 | 7.5% |
| Europe | 1,289.3 | 1,367.9 | 1,289.6 | 1,431.3 | 1,326.4 | 1,441.8 | 1,536.2 | 1,639.6 | 1,752.9 | 1,877.3 | 2,013.9 | 2,163.9 | 2,329.0 | 7.1% |
| Asia Pacific | 1,289.3 | 1,387.1 | 1,326.0 | 1,492.3 | 1,402.2 | 1,545.6 | 1,669.7 | 1,806.9 | 1,958.7 | 2,126.9 | 2,313.4 | 2,520.4 | 2,750.3 | 8.6% |
| Latin America | 283.3 | 302.8 | 287.7 | 321.7 | 300.4 | 329.1 | 353.4 | 380.2 | 409.6 | 442.2 | 478.1 | 517.8 | 561.8 | 7.9% |
| MEA | 352.9 | 380.4 | 364.4 | 410.9 | 386.7 | 427.1 | 462.2 | 501.0 | 544.1 | 591.8 | 644.7 | 703.6 | 769.0 | 8.8% |
| Overall | 5,529.3 | 5,903.6 | 5,601.2 | 6,256.3 | 5,834.9 | 6,384.0 | 6,846.2 | 7,354.9 | 7,915.4 | 8,533.5 | 9,215.6 | 9,969.1 | 10,802.5 | 7.8% |
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