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As per the analysis by Expert Market Research, the global protein supplements market is expected to grow at a CAGR of 8% in the forecast period of 2022-2027, owing to the growing health awareness among people.
Glanbia PLC, Nestlé S.A., Iovate Health Sciences International Inc, The Hut.com Limited, and Ultimate Nutrition Inc, among others, are the significant players in the global market for protein supplements.
As per the analysis by Expert Market Research, the global protein supplements market is expected to grow at a CAGR of 8% in the forecast period of 2022-2027, owing to the growing health awareness among people.
It is advised to consume 0.8 kg of protein per kilogram of body weight every day. Due to intense training sessions, muscles are often damaged and protein supplements could repair this. Given that people don't need to eat as much food to obtain the required proportions, protein supplements are more effective and a better way to get protein.
Concentrated protein sources, such as those found in dairy, poultry, wheat, soybean, pea, and other foods, are called protein supplements. They are typically available as liquids that are ready to drink (RTD), bars, and powders.
The protein supplements market is growing due to the rising popularity of athletes and increasing knowledge of people regarding health issues. People are becoming more aware of their nutritional demands as they pursue healthier lifestyles, which is anticipated to further increase the product demand. Protein also boosts the immune system, which has become one of the key driving factors of the market during the COVID-19 pandemic.
In July 2022, Optimum Nutrition, a subsidiary of significant player Glanbia PLC, collaborated with athletes and trainers from around the world to publish at-home workout videos. They also shared recipes that use Optimum Nutrition products in order to support new home fitness efforts during the COVID-19 pandemic and provided educational content.
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Headquarters: | Kilkenny, Ireland |
Establishment: | 1997 |
Website: | https://www.glanbia.com/ |
Glanbia PLC is a global nutrition company that helps people lead active and healthy lives. The Group has various segments: Glanbia Nutritional’s Performance Nutrition, Glanbia Ireland, and Joint Ventures & Associates. Through a variety of branded goods and as an ingredient partner to the larger food sector, Glanbia actively meets the dietary demands of customers.
Headquarters: | Vevey, Switzerland |
Establishment: | 1866 |
Website: | https://www.nestle.com/ |
An international food and beverage processing company, Nestle S.A. is based in Switzerland. One of the world's largest food firms, they produce products that are right for consumers and also contribute to public health.
Headquarters: | Oakville, Canada |
Establishment: | 1995 |
Website: | https://www.iovate.com/ |
Iovate Health Sciences International Inc is a manufacturer of vitamins, nutritional supplements, and other health-related products with its headquarters in Ontario, Canada. It is a vibrant, cutting-edge nutritional business that offers some of the highest quality, cutting-edge, and potent active nutrition products available. The company is dedicated to becoming the top active nutrition and weight management supplement company in the world with brands including MuscleTech®, Six Star Pro Nutrition®, Purely Inspired®, and HydroxycutTM.
Headquarters: | Manchester, United Kingdom |
Establishment: | 2004 |
Website: | https://www.thehut.com/ |
The Hut Group operates as more than 160 websites, and they guide the consumers through their eCommerce website. A variety of wellness companies are housed under the THG Nutrition umbrella. These brands' product ranges include performance supplements, high-protein foods, vitamins, energy drinks, minerals, high-protein snacks, and leisure clothing. The best-known brands owned by The Hut Group are Beauty, ESPA, Illamasqua.
Headquarters: | Connecticut, United States |
Establishment: | 1979 |
Website: | https://ultimatenutrition.com/ |
Ultimate Nutrition has set a benchmark with the industry-leading quality and manufacturing standards of its products. Their products are one of the most used nutritional products globally. Ultimate Nutrition is one of the few sports nutrition companies to manufacture its own products.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124