Animal Based Protein Supplements Market Growth, Size, Trends, Revenue, Share and Future Scope
Animal Based Protein Supplements Market Size- By Raw Material, By Product, By Application, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
| Published: Dec-2022 | Report ID: FMCG2206 | Pages: 1 - 233 | Formats*: |
| Category : Consumer & Retail | |||
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: |
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| By Application: |
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- 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 report1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data2.1.2 Primary data2.1.3 SPER’s internal database2.1.4 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 Drivers4.1.2 Restraints4.1.3 Opportunities4.1.4 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 Strengths5.1.2 Weaknesses5.1.3 Opportunities5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape5.2.2 Economic landscape5.2.3 Social landscape5.2.4 Technological landscape5.2.5 Environmental landscape5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers5.3.2 Bargaining power of Buyers5.3.3 Threat of Substitute5.3.4 Threat of new entrant5.3.5 Competitive rivalry
5.4.Heat map analysis
6. Global Animal Based Protein Supplements Market, By Raw Material, 2019-2032 (USD Million)
6.1. Casein6.2. Egg6.3. Fish6.4. Whey6.5. Other Raw Materials
7. Global Animal Based Protein Supplements Market, By Product, 2019-2032 (USD Million)
7.1. Protein Bars7.2. Protein Powder7.3. Ready-To-Drink7.4. Other Product Types
8. Global Animal Based Protein Supplements Market, By Application, 2019-2032 (USD Million)
8.1. Animal Feed8.2. Cosmetics and Personal Care8.3. Dietary Supplements8.4. Food and Beverages8.5. Infant Formulations8.6. Pharmaceuticals and Nutraceuticals
9. Global Animal Based Protein Supplements Market, By Distribution Channel, 2019-2032 (USD Million)
9.1. Chemists or Drugstores9.2. Online Stores9.3. Specialty stores9.4. Supermarkets and Hypermarkets9.5. Other Distribution Channel
10. Global Animal Based Protein Supplements Market, By Region, 2019-2032 (USD Million)
10.1. North America
10.1.1. Canada10.1.2. Mexico10.1.3. United States
10.2. Europe
10.2.1. France10.2.2. Germany10.2.3. Italy10.2.4. Rest of Europe10.2.5. Spain10.2.6. United Kingdom
10.3. Asia-Pacific
10.3.1. Australia10.3.2. China10.3.3. India10.3.4. Japan10.3.5. Rest of Asia-Pacific10.3.6. South Korea
10.4. South America
10.4.1. Brazil10.4.2. Argentina10.4.3. Rest of South America
10.5. Middle East & Africa
10.5.1. Kingdom of Saudi Arabia10.5.2. United Arab Emirates10.5.3. Rest of Middle East & Africa
11. Company Profiles
11.1. Abbott Laboratories
11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments
11.2. AMCO Proteins
11.2.1. Company details11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments
11.3. BPI Sports LLC
11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments
11.4. Cyto Sports Inc
11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments
11.5. Dyamatize Enterprise LLC
11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments
11.6. Glanbia Plc
11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments
11.7. International Dehydrated Foods Inc
11.7.1. Company details11.7.2. Financial outlook11.7.3. Product summary11.7.4. Recent developments
11.8. Iovate Health Sciences International Inc.
11.8.1. Company details11.8.2. Financial outlook11.8.3. Product summary11.8.4. Recent developments
11.9. Jym Supplement Science
11.9.1. Company details11.9.2. Financial outlook11.9.3. Product summary11.9.4. Recent developments
11.10. Lovate Health Science International Inc
11.10.1. Company details11.10.2. Financial outlook11.10.3. Product summary11.10.4. Recent developments
11.11. Muscle Pharm Corporation
11.11.1. Company details11.11.2. Financial outlook11.11.3. Product summary11.11.4. Recent developments
11.12. Now Foods
11.12.1. Company details11.12.2. Financial outlook11.12.3. Product summary11.12.4. Recent developments
11.13. Quest NutritionWoodbolt Distribution LLC
11.13.1. Company details11.13.2. Financial outlook11.13.3. Product summary11.13.4. Recent developments
11.14. The Bountiful Company
11.14.1. Company details11.14.2. Financial outlook11.14.3. Product summary11.14.4. Recent developments
11.15. Transparent Labs
11.15.1. Company details11.15.2. Financial outlook11.15.3. Product summary11.15.4. Recent developments
11.16. Woodbolt Distribution Llc
11.16.1. Company details11.16.2. Financial outlook11.16.3. Product summary11.16.4. Recent developments
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
The Animal Based Protein Supplements Market is projected to reach USD 30.47 billion by 2032, growing at a CAGR of 7.63% during the forecast period.
The Animal Based Protein Supplements Market grew in market size from 2021. The Market is expected to reach USD 30.47 billion by 2032, at a CAGR of 7.63% during the forecast period.
The Animal Based Protein Supplements Market CAGR of 7.63% during the forecast period.
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The Animal Based Protein Supplements Market size is USD 30.47 billion from 2022 to 2032.
The Animal Based Protein Supplements Market segment is Covered By Raw Material, By Product, By Application, By Distribution Channel.
The North America and Europe region is anticipated to have the highest market share in the Animal Based Protein Supplements Market.
The key players in the market include 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.
Protein powders are a convenient method to take protein, and by adding extra enzymes, vitamins, and minerals, their nutritional value may be improved. Raw materials used in nutritional supplements, animal feed, food and beverages, new-born formulae, cosmetics and personal care items, medicines, and nutraceuticals include whey, casein, eggs, fish, and others.
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