Few Diverse Global Players Dominate the Market Holding ~40% of Revenue Share Despite the Presence of about ~250 competitors comprising a Large Number of Country-Niche Players and Regional Players, finds a recent market study on Global Protein Supplement Market by Ken Research.

Protein is a macronutrient that the human body needs to repair tissue, develop muscle, and produce enzymes and hormones. It is one of the components that make up skin, muscle, and bone. In addition to being present in a wide range of specially made drinks, bars, and powders, protein can also be found in foods including dairy, eggs, red meat, chicken, fish, nuts, tofu, and legumes. In addition, protein supplements can be beneficial as a component of their overall dietary strategy. Bodybuilders and sports athletes frequently utilize protein supplements as a form of nutritional and bodybuilding supplement to enhance their protein intake without simultaneously increasing their intake of carbohydrates and fats. When taken directly, these supplements have a higher protein content than other protein sources.

Ken Research shares 3 key insights on the competitive landscape of this dynamic market from its latest research study.

Global Players Who Comprise ~15% in Terms of the Number of Competitors Hold the Dominant Revenue Share

Competitive Analysis by the Ken Research Study found that the Global Protein Supplement Market is highly competitive with ~250 players which include globally diversified players, regional players as well as a large number of country-niche players having their niche in the protein supplement. The country-niche players comprise about ~45% in terms of the number of companies, followed by regional players accounting for ~40% in terms of the number of companies. Most of the country-niche players are raw material suppliers. Some of these who successfully evolve to create protein supplement products often get acquired by large global players seeking to grow and diversify quickly.

Leading Specialist Global Players' Ongoing Efforts To Provide Protein Supplement To a Variety of Industries Drive the Growth of the Market

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Detailed comparative analysis of key competitors available within the Research Study shows that specialist company, such as Glanbia PLC, Abbott., NOW Foods, MusclePharm, QuestNutrition, CytoSport, Inc., Iovate Health Sciences International Inc., The Bountiful Company, AMCO Proteins, Transparent Labs and others are the major companies operating to provide high-quality protein supplements for a variety of end-users.

In April 2018, Abbott introduced Ensure Max protein to provide all the protein needed to maintain or rebuild muscle with the proper nutrition. The product was designed to appeal to people over the age of 50.

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In February 2022, Nestle Health Science, a subsidiary of Nestle SA, finalized the acquisition of Vital Proteins, a Chicago-based producer of collagen-based meals, beverages, and supplements. Since Nestle first purchased a majority stake in Vital Proteins in June 2020, the company has experienced phenomenal development.
In July 2022, Post Holdings Inc.'s Dymatize brand introduced Complete Plant Protein, a new plant-based protein supplement. Vegan ingredients such as soy protein, which has 25g of protein per pack, were used in the creation of the product.

Key Topics Covered in the Report

Snapshot of the Global Protein Supplement Market
Industry Value Chain and Ecosystem Analysis
Market size and Segmentation of the Global Protein Supplement Market
Historic Growth of the Overall Global Protein Supplement Market and Segments
Competition Scenario of the Market and Key Developments of Competitors
Porter’s 5 Forces Analysis of the Global Protein Supplement Industry
Overview, Product Offerings, and Strengths & Weaknesses of Key Competitors
COVID-19 Impact on the Overall Global Protein Supplement Market
Future Market Forecast and Growth Rates of the Total Global Protein Supplement Market and by Segments
Market Size of Application Segments with Historical CAGR and Future Forecasts
Analysis of Global Protein Supplements in Major Regions
Major Production/Supply and Consumption/Demand Hubs within Each Region
Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
Overview of Notable Emerging Competitor Companies within Each Major Region

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Major Players Mentioned in the Report

Glanbia PLC
NOW® Foods
QuestNutrition
CytoSport, Inc.
Lovate Health Sciences International Inc.
The Bountiful Company
AMCO Proteins
Transparent Labs

Notable Emerging Companies Mentioned in the Report

Woodbolt Distribution Llc
Dymatize Enterprises Llc
RSP Nutrition
BPI Sports
The Hut.com Limited and MSM Retail Pvt Ltd.

Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report

Protein Supplement Companies
R&D Institutes for Protein Supplement Development
Protein Supplement Manufacturers
Protein Supplement Suppliers
Protein Supplement Raw Material Provider
Investment Banks Targeting Supplement Market
Caffeine Producers
Food Safety Authorities
F&B Marketing and Advertising Agencies
Dietary Supplement Manufacturers
F&B Research Institutes
Entrepreneurs in Food Industry
Potential Entrants into Food Industry
Government Departments for Food Standards
Government Ministries and Departments for Food Industry

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