PUBLISHER: Value Market Research | PRODUCT CODE: 1342779
PUBLISHER: Value Market Research | PRODUCT CODE: 1342779
The global demand for Animal Based Protein Supplements Market is presumed to reach the market size of nearly USD 55.33 BN by 2030 from USD 26.73 BN in 2022 with a CAGR of 9.52% under the study period 2023-2030.
Animal-based protein supplements are those made with protein derived from sources such as milk, eggs, and collagen that come from animals. Since animal-based protein supplements are thought to be a complete protein and contain all the necessary amino acids, they are regarded as an excellent source of protein. They are also simpler to combine and have a more balanced flavour. Supplements, protein powder, protein bars, ready-to-drink products, and others are the main product categories of animal-based protein supplements. Protein powders are an efficient way to consume protein, and their nutritional benefits can be increased by adding extra enzymes, vitamin supplements, and minerals.
The market for animal-based protein supplements is anticipated to develop due to the rising number of health-conscious customers. Animal-based proteins demanded in pharmaceuticals and nutraceuticals, food and beverages, baby formulas, cosmetics and personal care, animal feed, and nutritional supplements are expected to increase the market growth. People are increasingly turning to animal-based protein supplements to meet their daily protein needs, raising the demand for these products. Major players in the animal-based protein supplement industry are concentrating on creating new technical innovations to improve product market growth. The demand and distribution of various protein raw materials across many sectors have predicted market expansion.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of animal based protein supplements. The growth and trends of animal based protein supplements industry provide a holistic approach to this study.
This section of the animal based protein supplements market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Animal Based Protein Supplements market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the animal based protein supplements market include Glanbia plc, Muscle Pharm Corporation, Abbott Laboratories, Cyto Sport Inc., Iovate Health Sciences International Inc., Quest Nutrition, The Bountiful Company, AMCO Proteins, NOW Foods, Transparent Labs, Woodbolt Distribution LLC. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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