Protein Supplements Market Worth $21.5 Bn by 2025 | Cagr: 6.3%

Tuesday 5 December 2017, Amsterdam

The global protein supplements market is expected to reach USD 21.5 billion by 2025, growing at a CAGR of 6.3% according to a report by Grand View Research, Inc. The growing demand for sport nutritional supplements and rising health awareness is expected to drive the industry growth.

Factors, such as increasing demand for supplements & natural prevention, rising usage of snack-based meal replacements, and growing consumer demand for greater ingredient traceability & authenticity, are expected to augment the industry size. Rising awareness about the benefits of including healthy diet & exercise and the growing demand for higher protein density in mainstream diet is expected to create immense market potential.

Protein powder was the prominent product segment in 2016 and accounted for 64.5% of the overall revenue owing to an increase in the demand for these products from athletes, body builders, and casual exercisers.

Ready-to-drink (RTD) product segment is expected to witness the fastest growth at a CAGR of 7.0% from 2017 to 2025 on account of rising demand for sports nutritional supplements coupled with easy and readily available supplements.