Animal-based protein supplements are dietary supplements designed to fulfill the body's daily protein requirements, promoting muscle synthesis and the growth of lean muscle mass. These supplements are derived from animal sources, including eggs, milk, and collagen. Animal-based protein supplements are valued for being a complete protein source, containing all essential amino acids. They are known for their neutral taste and ease of blending.
The main types of animal-based protein supplements include supplements, protein powder, protein bars, ready-to-drink products, and others. Protein powders are a convenient form of protein consumption that can be enriched with additional enzymes, vitamins, and minerals to enhance nutritional value. Raw materials used in these supplements include whey, casein, eggs, fish, and others, catering to various industries such as pharmaceuticals, nutraceuticals, food and beverages, infant formulations, cosmetics and personal care, animal feed, and dietary supplements. Distribution channels for these supplements include supermarkets, online stores, chemists' or drugstores, specialty stores, and others.
The animal-based protein supplements market research report is one of a series of new reports that provides animal-based protein supplements market statistics, including global market size, regional shares, competitors with an animal-based protein supplements market share, detailed animal-based protein supplements market segments, market trends and opportunities, and any further data you may need to thrive in the animal-based protein supplements industry. This animal-based protein supplements market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The animal based protein supplements market size has grown rapidly in recent years. It will grow from $28.21 billion in 2023 to $31.04 billion in 2024 at a compound annual growth rate (CAGR) of 10.0%. The observed growth in the historical period can be attributed to several factors, including an increasing focus on health consciousness among consumers, a shift in dietary preferences towards protein supplementation, and the popularity of sports and fitness trends that emphasize the importance of protein intake for muscle development and overall well-being.
The animal based protein supplements market size is expected to see rapid growth in the next few years. It will grow to $47.02 billion in 2028 at a compound annual growth rate (CAGR) of 10.9%. The anticipated growth in the forecast period can be attributed to various factors, including the growing global population and income levels, changes in the retail landscape, increasing environmental and sustainability concerns, and regulatory support and standards influencing the animal-based protein supplement market. Key trends expected in the forecast period include ongoing product innovation, exploration of plant-based synergy, technological advancements in production processes, alignment with the clean label movement, personalization and customization of products, digitalization of marketing efforts, the incorporation of functional and fortified formulations, and innovations in packaging.
The anticipated surge in health-conscious consumers is projected to steer the growth of the animal-based protein supplements market in the foreseeable future. A global increase in individuals prioritizing health and nutrition has heightened awareness regarding fulfilling daily protein needs and its vital role in bodily functions. This trend is prompting a shift towards animal-based protein supplements, consequently amplifying the demand for such products. For instance, data from Avendus Capital in March 2022 indicates an expected rise in health-conscious consumers from 108 million in 2020 to 176 million by 2026, with 70% of Indians expressing post-pandemic intentions to prioritize dietary changes for overall health improvement.
The rapid expansion within the nutraceuticals and dietary supplement industry is poised to propel the growth of the animal-based protein supplements market moving forward. Nutraceuticals and dietary supplements, offering various animal-derived benefits beyond basic nutrition, are increasingly favored for supporting overall health, symptom treatment, and preventive purposes. As per the Food Safety and Standards Authority of India (FSSAI) in June 2021, the Indian nutraceutical market is expected to reach around $18 billion by 2025, while the dietary supplements market, valued at $3,924.44 million in 2020, is estimated to surge to $10,198.57 million by 2026, reflecting a year-on-year growth rate of 22%. This robust growth trajectory in the nutraceuticals and dietary supplement sector is poised to drive the animal-based protein supplements powder market during the forecast period.
Within the animal-based protein supplements market, a prevailing trend revolves around product innovations. Leading companies in this sector are concentrating on pioneering technological advancements to fortify their market standing. An exemplar instance is GoodSport Nutrition's 2021 launch of the GoodSport sports drink, a unique natural sports beverage primarily crafted from 97% dairy content. This pioneering drink boasts three times more electrolytes and 33% less sugar compared to conventional sports beverages, supported by research affirming milk's superior hydration efficacy over other sports drinks and even water.
Leading enterprises operating in the animal-based protein supplements market are increasingly emphasizing strategic partnerships and collaborations to bolster their financial standing, enhance their product range, and broaden their global footprint. An illustrative instance occurred in July 2023 when Unico Nutrition, a US-based company specializing in developing and delivering safe, efficacious exercise supplements, joined forces with Perfect Day, Inc, a US-based food technology firm. This collaboration led to the introduction of APOLLO II, a pioneering hybrid protein powder. This innovative product amalgamates sustainable whey derived from precision fermentation with grass-fed, animal-based protein, creating a more environmentally friendly and compassionate formula designed to enhance performance.
In February 2022, Nestlé Health Science, a Switzerland-based nutrition powerhouse, executed the acquisition of Vital Proteins for an undisclosed sum. This strategic move aims to augment Nestlé's existing suite of vitamins, minerals, supplements, and wellness offerings. Vital Proteins, a US-based company renowned for producing and marketing animal collagen-based protein supplements, becomes an integral addition to Nestlé's expanding portfolio.
Major companies operating in the in the animal based protein supplements market report are Glanbia plc, Abbott Laboratories, Glanbia plc, CytoSport Inc., MusclePharm Corporation, Iovate Health Sciences International Inc., AMCO Proteins, WOODBOLT DISTRIBUTION LLC, Quest Nutrition, NOW Foods, Transparent Labs, The Bountiful Company, Dymatize Enterprises LLC, BPI Sports LLC, Jym Supplement Science, RSP Nutrition, International Dehydrated Foods Inc., Optimum Nutrition, MuscleTech, BSN, Gaspari Nutrition, Universal Nutrition, Nutrex Research, Maximum Human Performance, Beverly International Nutrition, Nutrabolics, Inner Armour, ProMera Sports LLC, NutraFX Limited, NutraOne Nutrition, NutraKey LLC, NutraBio
North America was the largest region in the animal-based protein supplements market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the animal based protein supplements market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the animal based protein supplements market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The animal-based protein supplements market consists of sales of egg white protein, collagen, and beef protein isolate. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The main types of animal-based protein supplements include supplements, protein powder, protein bars, ready-to-drink products, and others. Protein powders are a convenient form of protein consumption that can be enriched with additional enzymes, vitamins, and minerals to enhance nutritional value. Raw materials used in these supplements include whey, casein, eggs, fish, and others, catering to various industries such as pharmaceuticals, nutraceuticals, food and beverages, infant formulations, cosmetics and personal care, animal feed, and dietary supplements. Distribution channels for these supplements include supermarkets, online stores, chemists' or drugstores, specialty stores, and others.
The animal-based protein supplements market research report is one of a series of new reports that provides animal-based protein supplements market statistics, including global market size, regional shares, competitors with an animal-based protein supplements market share, detailed animal-based protein supplements market segments, market trends and opportunities, and any further data you may need to thrive in the animal-based protein supplements industry. This animal-based protein supplements market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The animal based protein supplements market size has grown rapidly in recent years. It will grow from $28.21 billion in 2023 to $31.04 billion in 2024 at a compound annual growth rate (CAGR) of 10.0%. The observed growth in the historical period can be attributed to several factors, including an increasing focus on health consciousness among consumers, a shift in dietary preferences towards protein supplementation, and the popularity of sports and fitness trends that emphasize the importance of protein intake for muscle development and overall well-being.
The animal based protein supplements market size is expected to see rapid growth in the next few years. It will grow to $47.02 billion in 2028 at a compound annual growth rate (CAGR) of 10.9%. The anticipated growth in the forecast period can be attributed to various factors, including the growing global population and income levels, changes in the retail landscape, increasing environmental and sustainability concerns, and regulatory support and standards influencing the animal-based protein supplement market. Key trends expected in the forecast period include ongoing product innovation, exploration of plant-based synergy, technological advancements in production processes, alignment with the clean label movement, personalization and customization of products, digitalization of marketing efforts, the incorporation of functional and fortified formulations, and innovations in packaging.
The anticipated surge in health-conscious consumers is projected to steer the growth of the animal-based protein supplements market in the foreseeable future. A global increase in individuals prioritizing health and nutrition has heightened awareness regarding fulfilling daily protein needs and its vital role in bodily functions. This trend is prompting a shift towards animal-based protein supplements, consequently amplifying the demand for such products. For instance, data from Avendus Capital in March 2022 indicates an expected rise in health-conscious consumers from 108 million in 2020 to 176 million by 2026, with 70% of Indians expressing post-pandemic intentions to prioritize dietary changes for overall health improvement.
The rapid expansion within the nutraceuticals and dietary supplement industry is poised to propel the growth of the animal-based protein supplements market moving forward. Nutraceuticals and dietary supplements, offering various animal-derived benefits beyond basic nutrition, are increasingly favored for supporting overall health, symptom treatment, and preventive purposes. As per the Food Safety and Standards Authority of India (FSSAI) in June 2021, the Indian nutraceutical market is expected to reach around $18 billion by 2025, while the dietary supplements market, valued at $3,924.44 million in 2020, is estimated to surge to $10,198.57 million by 2026, reflecting a year-on-year growth rate of 22%. This robust growth trajectory in the nutraceuticals and dietary supplement sector is poised to drive the animal-based protein supplements powder market during the forecast period.
Within the animal-based protein supplements market, a prevailing trend revolves around product innovations. Leading companies in this sector are concentrating on pioneering technological advancements to fortify their market standing. An exemplar instance is GoodSport Nutrition's 2021 launch of the GoodSport sports drink, a unique natural sports beverage primarily crafted from 97% dairy content. This pioneering drink boasts three times more electrolytes and 33% less sugar compared to conventional sports beverages, supported by research affirming milk's superior hydration efficacy over other sports drinks and even water.
Leading enterprises operating in the animal-based protein supplements market are increasingly emphasizing strategic partnerships and collaborations to bolster their financial standing, enhance their product range, and broaden their global footprint. An illustrative instance occurred in July 2023 when Unico Nutrition, a US-based company specializing in developing and delivering safe, efficacious exercise supplements, joined forces with Perfect Day, Inc, a US-based food technology firm. This collaboration led to the introduction of APOLLO II, a pioneering hybrid protein powder. This innovative product amalgamates sustainable whey derived from precision fermentation with grass-fed, animal-based protein, creating a more environmentally friendly and compassionate formula designed to enhance performance.
In February 2022, Nestlé Health Science, a Switzerland-based nutrition powerhouse, executed the acquisition of Vital Proteins for an undisclosed sum. This strategic move aims to augment Nestlé's existing suite of vitamins, minerals, supplements, and wellness offerings. Vital Proteins, a US-based company renowned for producing and marketing animal collagen-based protein supplements, becomes an integral addition to Nestlé's expanding portfolio.
Major companies operating in the in the animal based protein supplements market report are Glanbia plc, Abbott Laboratories, Glanbia plc, CytoSport Inc., MusclePharm Corporation, Iovate Health Sciences International Inc., AMCO Proteins, WOODBOLT DISTRIBUTION LLC, Quest Nutrition, NOW Foods, Transparent Labs, The Bountiful Company, Dymatize Enterprises LLC, BPI Sports LLC, Jym Supplement Science, RSP Nutrition, International Dehydrated Foods Inc., Optimum Nutrition, MuscleTech, BSN, Gaspari Nutrition, Universal Nutrition, Nutrex Research, Maximum Human Performance, Beverly International Nutrition, Nutrabolics, Inner Armour, ProMera Sports LLC, NutraFX Limited, NutraOne Nutrition, NutraKey LLC, NutraBio
North America was the largest region in the animal-based protein supplements market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the animal based protein supplements market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the animal based protein supplements market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The animal-based protein supplements market consists of sales of egg white protein, collagen, and beef protein isolate. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Animal Based Protein Supplements Market Characteristics3. Animal Based Protein Supplements Market Trends And Strategies31. Global Animal Based Protein Supplements Market Competitive Benchmarking32. Global Animal Based Protein Supplements Market Competitive Dashboard33. Key Mergers And Acquisitions In The Animal Based Protein Supplements Market
4. Animal Based Protein Supplements Market - Macro Economic Scenario
5. Global Animal Based Protein Supplements Market Size and Growth
6. Animal Based Protein Supplements Market Segmentation
7. Animal Based Protein Supplements Market Regional And Country Analysis
8. Asia-Pacific Animal Based Protein Supplements Market
9. China Animal Based Protein Supplements Market
10. India Animal Based Protein Supplements Market
11. Japan Animal Based Protein Supplements Market
12. Australia Animal Based Protein Supplements Market
13. Indonesia Animal Based Protein Supplements Market
14. South Korea Animal Based Protein Supplements Market
15. Western Europe Animal Based Protein Supplements Market
16. UK Animal Based Protein Supplements Market
17. Germany Animal Based Protein Supplements Market
18. France Animal Based Protein Supplements Market
19. Italy Animal Based Protein Supplements Market
20. Spain Animal Based Protein Supplements Market
21. Eastern Europe Animal Based Protein Supplements Market
22. Russia Animal Based Protein Supplements Market
23. North America Animal Based Protein Supplements Market
24. USA Animal Based Protein Supplements Market
25. Canada Animal Based Protein Supplements Market
26. South America Animal Based Protein Supplements Market
27. Brazil Animal Based Protein Supplements Market
28. Middle East Animal Based Protein Supplements Market
29. Africa Animal Based Protein Supplements Market
30. Animal Based Protein Supplements Market Competitive Landscape And Company Profiles
34. Animal Based Protein Supplements Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
Animal Based Protein Supplements Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on animal based protein supplements market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
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- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- All data from the report will also be delivered in an excel dashboard format.
Description:
Where is the largest and fastest growing market for animal based protein supplements? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
- Markets Covered: 1) By Product: Protein Powder; Protein Bars; Ready-To-Drink; Other Products 2) By Raw Materials: Whey; Casein; Egg; Fish; Other Raw Materials 3) By Application: Pharmaceuticals and Nutraceuticals; Food and Beverages; Infant Formulations; Cosmetics and Personal Care; Animal Feed; And Dietary Supplements 4) By Distribution Channel: Supermarkets And Hypermarkets; Online Stores; Chemists or Drugstores; Specialty Stores; Other Distribution Channels
- Companies Mentioned: Glanbia plc; Abbott Laboratories; Glanbia plc; CytoSport Inc.; MusclePharm Corporation
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Glanbia plc
- Abbott Laboratories
- Glanbia plc
- CytoSport Inc.
- MusclePharm Corporation
- Iovate Health Sciences International Inc.
- AMCO Proteins
- WOODBOLT DISTRIBUTION LLC
- Quest Nutrition
- NOW Foods
- Transparent Labs
- The Bountiful Company
- Dymatize Enterprises LLC
- BPI Sports LLC
- Jym Supplement Science
- RSP Nutrition
- International Dehydrated Foods Inc.
- Optimum Nutrition
- MuscleTech
- BSN
- Gaspari Nutrition
- Universal Nutrition
- Nutrex Research
- Maximum Human Performance
- Beverly International Nutrition
- Nutrabolics
- Inner Armour
- ProMera Sports LLC
- NutraFX Limited
- NutraOne Nutrition
- NutraKey LLC
- NutraBio
