Protein Drink Market size was valued at US$ 23.29 Bn. in 2022 and the total revenue is expected to grow at 8.6% (CAGR) from 2023 to 2029, reaching US$ 41.5 Bn.
Protein Drink Market Overview:
Maximize Market Research has Published an intelligence report entitled Global Protein Drink Market 2021 by Manufacturers, Regions, Type and Application, Forecast to 2027 that is the complete creation of meticulous primary and secondary research. The report thoroughly covers analysed insights in view of the market along with its ever-changing patterns, industry environment, and all dominant aspects of the market. This research methodology has been applied to examine the global Protein Drink market and these findings have been logically mentioned in this report.
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Protein Drink Market Scope:
Global Protein Drink Market 2021 research report 2027 provides vital statistics and analytical knowledge to grant an entire understanding of the market size, share, growth, trend, demand, top player and industry summary, opportunities, worth cycle, end-users, technology, types and application. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The qualitative and quantitative data provided in the Protein Drink market study can help decision-makers understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas. The report also includes the competitive landscape of key players in the industry along with emerging trends in the Protein Drink market.
Protein Drink Market Dynamics
Increasing demand for more organic and natural food compared to that for synthetic food continues to drive the demand for vegan protein in day-to-day diet. Aesthetic and bodybuilding applications continue to be a lucrative avenue for vegan protein manufacture. According to MMR, plant-based proteins, such as rice protein, may be more environmentally friendly choices than animal proteins. The Good Food Institute recently discussed the advantages of plant-based protein over conventional meat in terms of the environment, noting that it emits 30%–90% fewer greenhouse gases, consumes 72%–99% less water, causes 51%–91% less aquatic nutrient pollution, and needs 47%–99% less land. Use a vegan protein powder as a supplement, like Clean Lean Protein from Nuzest, to make sure you are getting enough high-quality complete protein in your diet.
PESTEL Analysis:
The reports provided by Maximize Market Research provide PESTEL analysis to help you shape your business strategy. Political factors such as taxation, environmental regulations and tariffs help governments determine the extent to which they can influence the Protein Drink market. Economic factors such as interest rates, exchange rates, inflation and wage rates, and minimum wages can help you analyze the determinants of economic performance that affect the Protein Drink market. Legal factors help us understand the impact of environmental impacts and consideration on the market.
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Protein Drink Market Segmentation:
by Product
Protein Powder
Protein Bars
Ready to Drink
Other
by Source
Animal Source
Milk
Whey
Other
Plant Source
Soy
Rice
Other
by Distribution Channel
Supermarkets & Hypermarkets
Online Stores
Direct to Customers (DTC)
Others
Protein Drink Market Key Players:
1. Glanbia PLC
2. MusclePharm
3. Abbott
4. CytoSport, Inc.
5. Iovate Health Sciences International Inc.
6. QuestNutrition
7. THE BOUNTIFUL COMPANY
8. AMCO Proteins
9. NOW Foods
10.Transparent Labs
11.WOODBOLT DISTRIBUTION LLC
12.Dymatize Enterprises LLC
13.JymSupplementScience.com
14.RSP Nutrition
15.BPI Sports LLC
16.International Dehydrated Foods, Inc.
17.BRF
18.Rousselot
19.GELITA AG
20.Hoogwegt
The competitive landscape is a critical aspect every key player needs to be familiar with. The report throws light on the competitive scenario of the global Protein Drink market to know the competition at both the domestic and global levels. The key aspects such as areas of operation, production, and product portfolio. Additionally, companies in the report are studied based on key factors such as company size, market share, market growth, revenue, production volume, and profits.
In additional Protein Drink Market Share analysis of players, in-depth profiling, product/service and business overview, the study also concentrates on BCG matrix, heat map analysis, Competitive Benchmarking along with SWOT analysis to better correlate market competitiveness.
Regional Analysis:
Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of Protein Drink market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.
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COVID-19 Impact Analysis on Protein Drink Market:
The report has identified detailed impact of COVID-19 on Protein Drink market in regions such as North America, Asia Pacific, Middle-East, Europe, and South America. The report provides Comprehensive analysis on alternatives, difficult conditions, and difficult scenarios of Protein Drink market during this crisis. The report briefly elaborates the advantages as well as the difficulties in terms of finance and market growth attained during the COVID-19. In addition, report offers a set of concepts, which is expected to aid readers in deciding and planning a strategy for their business.
Key Questions answered in the Protein Drink Market Report are:
- Which product segment grabbed the largest share in the Protein Drink market?
- How is the competitive scenario of the Protein Drink market?
- Which are the key factors aiding the Protein Drink market growth?
- Which region holds the maximum share in the Protein Drink market?
- What will be the CAGR of the Protein Drink market during the forecast period?
- Which application segment emerged as the leading segment in the Protein Drink market?
- Which are the prominent players in the Protein Drink market?
- What key trends are likely to emerge in the Protein Drink market in the coming years?
- What will be the Protein Drink market size by 2027?
- Which company held the largest share in the Protein Drink market?
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