Market revenue in 2023 | USD 2,640.5 million |
Market revenue in 2030 | USD 4,392.3 million |
Growth rate | 7.5% (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 |
Key market players worldwide | Glanbia PLC, MusclePharm Corp, Abbott Laboratories, PepsiCo Inc, NOW Foods, Transparent Labs, RSP Nutrition, Symrise AG, Quest Nutrition, Iovate Health Sciences International, AMCO Proteins, Nutrabolt, Dymatize Enterprises, BPI Sports, BRF SA ADR, Rousselot, Gelita AG, Hoogwegt |
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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 58.92% in 2023. Horizon Databook has segmented the North America protein supplements market based on animal based, plant based covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing interest of young and adult consumers in health and wellness trends is driving growth in the protein supplements market. Consumers are becoming more conscious of their health and are willing to invest in products that can help them maintain or improve their overall well-being. As a result, the protein supplements market is expected to continue growing in North America in the years to come.
The high prevalence of lifestyle diseases, such as diabetes and obesity, is driving demand for products that can help manage these conditions. Protein supplements are often recommended as part of a healthy diet for individuals with these conditions.
One of the major factors contributing to this growth is the increasing demand for products with reduced calorie levels and high nutritional content. New product launches are also expected to increase awareness about the benefits of nutritional products and expand the application scope of protein supplements.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America protein supplements market , including forecasts for subscribers. This continent databook contains high-level insights into North America protein supplements market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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