U.S. Protein Supplements Market Anticipated to Grow at a Significant Pace by By 2025

The U.S. protein supplements market size was valued at USD 5.74 billion in 2016, in terms of revenue, and is projected to expand at a CAGR of 6.2% over the forecast years. Growing health consciousness and awareness about leading an active lifestyle are expected to drive the market. Moreover, rising concerns regarding chronic non-communicable diseases including cancer, heart diseases, and diabetes due to changing lifestyles have compelled the consumers to adopt healthier diets that are rich in nutrients.
This will result in an increased demand for protein supplements over the coming years. Rising cases of gluten allergies and lactose intolerance in the country are projected to drive the demand for alternatives to whey and casein product forms. As a result, plant-based nutritional supplements, derived from soy and pea, are projected to remain the fastest-growing raw material segment.
U.S. protein supplements market
Advent of new products, such as proteins containing a wide range of amino acids and targeting specified functions including energy balance, weight loss, muscle repair, is expected to propel the market growth in the coming years. Growing product demand among women, as a result of rising popularity of the ‘strong not skinny’ trend, is also likely to contribute to the market development. In addition, growing geriatric population in the country is projected to boost the product demand further.
Rising adoption of personal preventive healthcare through individual ownership of self-health and wellness, due to high cost of medical care and rising concerns regarding public healthcare systems, is also expected to impel the market development. Consumer awareness about the benefits of exercising and maintaining a healthy diet will further contribute towards market growth. Advances in nutrition and technology is also estimated to fuel the demand for protein supplements in the years to come.
Further key findings from the study suggest:
  • The U.S. protein supplements market is likely to witness strong growth on account of hectic lifestyle and resultant health issues
  • Animal-based protein supplement is likely to be the largest market reaching at USD 7.37 billion by 2025
  • However, plant-based proteins will be the fastest-growing segment over the forecast period
  • Whey protein supplement led the market in 2016, while pea protein supplement is said to register the fastest CAGR over the estimated time period
  • The industry is characterized by accreditation of the product, capacity expansion, capital expansion, and substantial investment decisions to improve the market share of manufacturers
  • Some of the prominent companies present in the industry are Glanbia, PLC; Nature's Bounty Co.; Iovate Health Sciences International, Inc. NOW Foods; and Nutrabolt.
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.


Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
For More Info: www.grandviewresearch.com

Comments

Post a Comment

Popular posts from this blog

Head Guards Market is Expected to Witness a Steady Growth by 2028

Market Overview Safety equipment plays an important role in protecting sports enthusiasts from various injuries. Head guard is the key protection equipment widely used in games like boxing, baseball and rugby. This equipment has gained traction among athletes from amateur to professional players in both, national and international competitions. Rising number of national and international sports competitions globally, the demand for head guards has surged, which will in turn increase the volume of head guard sells from retail outlets to the company online sales channel. Many sports associations such as World Rugby, International Baseball Federation and World Boxing Association have necessitated the use of head guards for players in sports matches. In baseball alone, there are over 35 million players at different levels, and the U.S. houses close to 14 million amateur and professional players. This massive number of participants in baseball creates a significant customer base for h...
Read more

Die Cut Box Market to Witness an Outstanding Growth by 2028

Die Cut Box Marke t: Overview Die cut box is an innovative packaging solution for multiple end-use sectors. Growing need for fast moving consumer goods, ingenious packaging formats from design, and size perspective,  die cut box continues to offer an advantageous edge in product positioning. Die cut box allows the leading brands and manufacturers to integrate novel design elements, which in turn assures a higher threshold of customer acquisition viz.a.viz. effective branding and marketing. Besides industry specific drivers and trends, macroeconomic factors will also continue to influence demand for the die cut box across industries. Such factor include but aren’t limited to per capita disposable income, food retail sector growth, modern retail establishment growth etc. Outpacing growth in the e-commerce sector has gained traction for the corrugated packaging industry. Die cut box cost wouldn’t be a big burn to the pocket of die cut box manufacturers despite the re-usability of ...
Read more

Gynaecological Cancer Drugs Market Accounting US$ 41,855.8 million by 2026

The new report by Persistence Market Research (PMR) expects the global gynaecological cancer drugs market to witness significant growth, registering 6.2% CAGR during the forecast period. The global gynaecological cancer drugs market is also expected to bring in US$ 41,855.8 million revenue by the end of 2026. Treatment of cancer is being increasingly focused on be leading pharmaceutical companies, researchers, healthcare institutes and governments of various countries. With increasing number of research and development activities in cancer treatment, especially in gynaecological cancer treatment, new treatments are reaching an increasing number of physicians faster than ever. Also, availability of advanced treatment options and drugs has resulted in the decline in cancer mortality rate across major developed countries. However, the scenario is not same in the developing nations. This is due to the high cost of cancer treatment and lack of availability of new treatments. Gynaecologi...
Read more