Protein supplements market set to soar beyond US$45bn by 2025
The global protein ingredients market is poised to grow by roughly 5.2% over the next decade to reach approximately $46.81 billion by 2025.
Some of the prominent trends that the market is witnessing include increasing focus on healthier food products, growing research and development in protein ingredients, and recent technological advancements in protein ingredients industry.
The research, carried out by Research and Markets, focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies, and includes comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and the rest of the world.
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Companies mentioned include Arla Foods, Amco Proteins and Omega Protein Corporation.
The US market is witnessing steady growth. In an interview with Supply Chain Digital, Casey Bauer, COO of sports nutrition company Nutrabolt, producer of the popular C4 supplement brand, said retailers are knocking on the door to get access to protein products.
“The interesting thing for me is that the retailers across the USA are coming to us to increase distribution, such is the demand for the products,” he said. “We don’t have to knock down the doors, they are already open.”
