Enjoy complimentary customisation on priority with our Enterprise License!
The protein supplements market size is projected to grow by USD 12.9 billion at a CAGR of 8.89% between 2023 and 2028. The growth of the market relies on several key factors. Primarily, there is a growing interest in sports and fitness activities as well as fitness and recreational sports centers, driving demand for products that aid in muscle recovery and performance enhancement. Additionally, heightened awareness about physical appearance and the desire for a healthy lifestyle contribute to the market's expansion. The rising trend of vegetarianism worldwide is prompting manufacturers to favor plant-based protein products. Notably, these alternatives are considered more eco-friendly, requiring fewer resources such as energy, water, and land, contributing to their increased adoption. As consumers prioritize preventive healthcare measures, the potential for reduced chances of diseases through proper nutrition becomes a compelling motivator for supplement consumption. Moreover, the emphasis on improving quality of life through better nutrition further fuels market growth. Together, these factors create a conducive environment for the sustained expansion of the market, catering to the diverse needs and aspirations of consumers.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Source
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.