Animal Based Protein Supplements Market Introduction and Overview
According to SPER Market Research, the Global Animal Based Protein Supplements Market is estimated to reach USD 30.47 billion by 2032 with a CAGR of 7.63%.
The report includes an in-depth analysis of the Global Animal Based Protein Supplements market, including market size and trends, product mix, distribution channels, and supplier analysis. Protein supplements derived from animal sources utilize ingredients such as collagen, milk, and eggs. These supplements are often considered superior protein sources as they are recognized as complete proteins, containing all essential amino acids. They are preferred for their neutral taste and ease of mixing. Animal-based protein supplements are available in various product forms, including dietary supplements, protein powders, protein bars, ready-to-drink options, and more.
- March 2019: Quest Nutrition introduced protein powder products available in different flavours, with size options of 1.6 lbs. and 3 lbs.
- February 2022: Switzerland's Nestlé Health Science, a nutrition company, purchased Vital Proteins for an undisclosed sum. This acquisition allows Nestlé to expand its portfolio of vitamins, minerals, supplements, and wellness brands by incorporating Vital Proteins, a US-based company known for its animal collagen-based protein supplements.
Market Opportunities and Challenges
In today's dynamic business environment, the market for animal-based protein supplements presents a wide range of opportunities and challenges. On the one hand, the market is experiencing growth due to an increasing number of health-conscious consumers seeking vitamins rich in protein and nutritional value. Animal-based protein supplements offer various health advantages, supported by robust research and acknowledged by government food regulatory bodies like the FDA. Consequently, the market is expected to be fuelled by a rising prevalence of health issues among consumers due to insufficient nutrients in their diets. The trend of consumers seeking higher protein intake has expedited the emergence of animal-based protein supplements. As more individuals express interest in sports and fitness, the demand for nutritional products is anticipated to increase in the foreseeable future.
The market does, however, nonetheless confront a number of important obstacles. First off, there is a growing interest in plant-based alternatives due to the ethical and environmental issues surrounding items made from animals. Producing sustainable, plant-based protein supplements has become more innovative, putting traditional animal-based solutions under pressure from competition. To ensure the efficacy and safety of the products, this industry must also comply to the strict rules and quality control standards. Both existing enterprises and new entrants to the market may find it difficult to navigate the complex regulatory environment.
Market Competitive Landscape
The global animal-based protein supplements market is marked by a high level of fragmentation and is defined by fierce competition, with both publicly traded and privately owned companies emphasizing innovation to maintain their competitiveness. Publicly traded firms within the industry are taking proactive steps to promote the acceptance of their products on a worldwide scale. The key players in the Global Animal Based Protein Supplements market include Abbott Laboratories, AMCO Proteins, BPI Sports LLC, Cyto Sports Inc, Dyamatize Enterprise LLC, Glanbia Plc, International Dehydrated Foods Inc, Iovate Health Sciences International Inc., Jym Supplement Science, Muscle Pharm Corporation, Now Foods, Quest NutritionWoodbolt Distribution LLC, The Bountiful Company, Woodbolt Distribution Llc., Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Raw Material, By Product, By Application, By Distribution Channel
|
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
|
| Companies Covered | Abbott Laboratories, AMCO Proteins, BPI Sports LLC, Cyto Sports Inc, Dyamatize Enterprise LLC, Glanbia Plc, International Dehydrated Foods Inc, Iovate Health Sciences International Inc., Jym Supplement Science, Muscle Pharm Corporation, Now Foods, Quest NutritionWoodbolt Distribution LLC, The Bountiful Company, Woodbolt Distribution Llc., Others
|
COVID-19 Impact on Global Animal Based Protein Supplements Market
Due to the COVID-19 pandemic, consumers gained a heightened awareness of how health and wellness practices can lower the risk of mortality. The outbreak prompted a shift in customer priorities towards preventive healthcare. Nevertheless, the implementation of lockdowns in various countries led to the shutdown of gyms and fitness centers, negatively impacting the sales of protein supplements. However, as lockdown restrictions were eased, there was a significant surge in the demand for whey protein supplements. This is because whey protein is regarded as a comprehensive protein source that supports overall health. It contains all the essential amino acids necessary for maintaining the structural integrity of the immune system, making it particularly attractive to consumers.
Key Target Audience
- Animal Agriculture and Farming Industry
- Athletes and Fitness Enthusiasts
- Bodybuilders
- Dietary Deficiency Cases
- Elderly Individuals
- Health-Conscious Consumers
- Patients Recovering from Illness or Surgery
- Pregnant or Nursing Women
- Vegetarians and Vegans
- Weight Management Seekers
- Others
Our in-depth analysis of the Animal Based Protein Supplements Market includes the following segments:
|
By Product Type:
|
Harvesting Machinery
Haying and Forage Machinery
Irrigation Machinery
Planting Machinery
Plowing and Cultivating Machinery
Tractors
|
|
By Application:
|
Land Development & Seed Bed Preparation
Sowing & Planting
Weed Cultivation
Others
|
Key Topics Covered in the Report- Global Animal Based Protein Supplements Market Size (FY’2022-FY’2032)
- Overview of Global Animal Based Protein Supplements Market
- Segmentation of Global Animal Based Protein Supplements Market By Raw Material (Casein, Egg, Fish, Whey, Other Raw Materials)
- Segmentation of Global Animal Based Protein Supplements Market By Product (Protein Bars, Protein Powder, Ready-To-Drink, Other Product Types)
- Segmentation of Global Animal Based Protein Supplements Market By Application (Animal Feed, Cosmetics and Personal Care, Dietary Supplements, Food and Beverages, Infant Formulations, Pharmaceuticals and Nutraceuticals)
- Segmentation of Global Animal Based Protein Supplements Market By Distribution Channel (Chemists or Drugstores, Online Stores, Specialty stores, Supermarkets and Hypermarkets, Other Distribution Channel)
- Statistical Snap of Global Animal Based Protein Supplements Market
- Expansion Analysis of Global Animal Based Protein Supplements Market
- Problems and Obstacles in Global Animal Based Protein Supplements Market
- Competitive Landscape in the Global Animal Based Protein Supplements Market
- Impact of COVID-19 and Demonetization on Global Animal Based Protein Supplements Market
- Details on Current Investment in Global Animal Based Protein Supplements Market
- Competitive Analysis of Global Animal Based Protein Supplements Market
- Prominent Players in the Global Animal Based Protein Supplements Market
- SWOT Analysis of Global Animal Based Protein Supplements Market
- Global Animal Based Protein Supplements Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Animal Based Protein Supplements Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4.Heat map analysis
6. Global Animal Based Protein Supplements Market, By Raw Material, 2019-2032 (USD Million)
6.1. Casein
6.2. Egg
6.3. Fish
6.4. Whey
6.5. Other Raw Materials
7. Global Animal Based Protein Supplements Market, By Product, 2019-2032 (USD Million)
7.1. Protein Bars
7.2. Protein Powder
7.3. Ready-To-Drink
7.4. Other Product Types
8. Global Animal Based Protein Supplements Market, By Application, 2019-2032 (USD Million)
8.1. Animal Feed
8.2. Cosmetics and Personal Care
8.3. Dietary Supplements
8.4. Food and Beverages
8.5. Infant Formulations
8.6. Pharmaceuticals and Nutraceuticals
9. Global Animal Based Protein Supplements Market, By Distribution Channel, 2019-2032 (USD Million)
9.1. Chemists or Drugstores
9.2. Online Stores
9.3. Specialty stores
9.4. Supermarkets and Hypermarkets
9.5. Other Distribution Channel
10. Global Animal Based Protein Supplements Market, By Region, 2019-2032 (USD Million)
10.1. North America
10.1.1. Canada
10.1.2. Mexico
10.1.3. United States
10.2. Europe
10.2.1. France
10.2.2. Germany
10.2.3. Italy
10.2.4. Rest of Europe
10.2.5. Spain
10.2.6. United Kingdom
10.3. Asia-Pacific
10.3.1. Australia
10.3.2. China
10.3.3. India
10.3.4. Japan
10.3.5. Rest of Asia-Pacific
10.3.6. South Korea
10.4. South America
10.4.1. Brazil
10.4.2. Argentina
10.4.3. Rest of South America
10.5. Middle East & Africa
10.5.1. Kingdom of Saudi Arabia
10.5.2. United Arab Emirates
10.5.3. Rest of Middle East & Africa
11. Company Profiles
11.1. Abbott Laboratories
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. AMCO Proteins
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. BPI Sports LLC
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. Cyto Sports Inc
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. Dyamatize Enterprise LLC
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. Glanbia Plc
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. International Dehydrated Foods Inc
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. Iovate Health Sciences International Inc.
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. Jym Supplement Science
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments
11.10. Lovate Health Science International Inc
11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Product summary
11.10.4. Recent developments
11.11. Muscle Pharm Corporation
11.11.1. Company details
11.11.2. Financial outlook
11.11.3. Product summary
11.11.4. Recent developments
11.12. Now Foods
11.12.1. Company details
11.12.2. Financial outlook
11.12.3. Product summary
11.12.4. Recent developments
11.13. Quest NutritionWoodbolt Distribution LLC
11.13.1. Company details
11.13.2. Financial outlook
11.13.3. Product summary
11.13.4. Recent developments
11.14. The Bountiful Company
11.14.1. Company details
11.14.2. Financial outlook
11.14.3. Product summary
11.14.4. Recent developments
11.15. Transparent Labs
11.15.1. Company details
11.15.2. Financial outlook
11.15.3. Product summary
11.15.4. Recent developments
11.16. Woodbolt Distribution Llc
11.16.1. Company details
11.16.2. Financial outlook
11.16.3. Product summary
11.16.4. Recent developments