The latest trending report published by Crystal Market Research titled, Protein Supplement Market approximates that the Protein Supplement Market size is estimated to flourish at a significant CAGR in the future, and this is attributed to the escalation in need for this product across the globe along with novel innovations in the market.
The Protein Supplement Market was worth USD 1.67 billion in the year 2014 and is expected to reach approximately USD 2.72 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.59% during the forecast period.
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On the basis of Application, the worldwide Protein Supplement market is segmented into Sports Nutrition and Functional Foods. The expanding interest for sports nutritional supplements from nations including the U.S., Canada, the UK, Germany, Italy, and India is relied upon to drive request over the estimate period. Moreover, the developing interest for sports wholesome supplementation to advance slender muscle development, enhance execution and stamina, and weight diminishment combined with the expanding number of exercise center goers is required to fuel showcase demand.
The report Protein Supplement Market renders a wide-ranging analysis of the said market in terms of product, regional, application and end user segmentation. The report comprises of the present market size of this industry. Also, the potential outlooks and current market summary of this segment has been thoroughly analyzed in this report. Moreover, chief market players of the Protein Supplement Market are studied on various factors like product portfolio, company profile, sales analysis, revenue generation through the forecast period.
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North America was the overwhelming business sector in 2016 and represented highest market share because of the nearness of an expansive number of players and the developing games sustenance industry. The developing interest for wellness supplements from customers and competitors is relied upon to fuel showcase development over the estimate time frame.
Top Major Market Players:
Key players at present engaged with generation incorporate are GNC; NOW Foods; NBTY; AMCO; Quest Nutrition; and IOVATE.
This report contains Segment wise in-depth analysis in terms several above-mentioned segments along with market size forecasts and approximations to observe significant areas of industry growth in detail. Additionally, an executive summary, summarizing the entire report in such a way that decision-making team can speedily become familiar with background information, summarizing analysis and main conclusions.
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About Crystal Market Research:
Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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