Top Companies in Protein Supplements Market | Industry Leading Players Size, Share Historic data by VMR
Protein Supplements are one of the most popular dietary supplements used by athletes, recreationally active adults, and soldiers striving to increase muscle mass, improve exercise recovery, and improve performance.
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Upcoming Trends in Protein Supplements Market
The Global Protein Supplements Market is valued at USD 20.2 Billion in the year 2021 and is projected to reach a value of USD 32.5 Billion by the year 2028. The Global Market is anticipated to grow exhibiting a Compound Annual Growth Rate (CAGR) of 8.3% over the forecast period. The protein Supplements Market is forecasted to record a Compound Annual Growth Rate (CAGR) of nearly 8.5% from 2021-to 2028. Furthermore, the growth of Protein Supplements Market over the forecast timespan is subject to surging health awareness among youth as well as an aging population. An increase in fitness centers and gyms with rising in sports events and physical activities will steer market trends. In addition to this, escalating demand for Protein Supplements Market owing to the need for fulfilling routine nutritional requirements will propel the expansion of the Protein Supplements industry over the ensuing years. The rise in customer preference for food supplements along with a surge in purchasing power of consumers will steer market size over the anticipated timeline. Nonetheless, fluctuating raw material costs of milk and soybean owing to oscillations in a demand-supply curve can hinder market expansion over the projected timespan.
Some of the key players operating in the Protein Supplements Market are listed below:
|
Company Name |
Revenue in USD |
|
$8 Billion |
|
$21 Million |
|
$45 Billion |
|
$15 Million |
|
$12 Million |
|
$31 Million |
|
$55 Million |
|
$56 Million |
|
$6 Million |
Amway is an American multi-level marketing company that sells health, beauty, and home care products. The company was founded in 1959 by Jay Van Andel and Richard DeVos and is based in Ada, Michigan. Amway and its sister companies under Alticor reported sales of USD 8.4 Billion in 2019.
Optimum Nutrition, Inc. (ON) is part of the Glanbia global nutrition group and has been setting the Gold Standard in sports nutrition for more than 30 years - helping performance-focused athletes achieve their goals. The company is the creator of 100% Whey Protein, Gold Whey Standard 100% Casein, Essential Amino Energy, Diet Products, Strength and Recovery Supplements, and other health and nutrition products. The company is headquartered in London and has 200 employees working.
GlaxoSmithKline Pharmaceuticals Ltd. (GSK Pharmaceuticals India) is one of the oldest pharmaceutical companies. Established in the year 1924 in India, with a mission to improve the quality of life by enabling people to do more, feel better, and live longer. This mission drives them to make a real difference in the lives of millions of people with their commitment to providing effective healthcare solutions in both acute and chronic diseases.
Abh Pharma Inc. is located in Edgewood, NY, United States, and is part of the Pharmaceutical and Medicine Manufacturing Industry. ABH Pharma Inc. has 70 total employees across all of its locations and generates USD 6.16 Million in sales.
Bio-Engineered Supplements and Nutrition, Inc. (BSN®) was founded in 2001 and since then has become a global leader in the sports nutrition marketplace through relentless dedication to creating dynamic, cutting-edge, and result-producing products. BSN products and the brand itself have won more than 35 sports nutrition awards over the course of the last six years, more than any other company in the industry. This legacy of performance has created tremendous brand awareness and loyalty for the company, building a faithful following of consumers, athletes, and fans in the process.
Dymatize was founded in 1994 and has grown into an industry leader, supplying the highest quality nutritional supplements to millions of fitness enthusiasts and athletes around the world. Dymatize is a world-renowned company spanning 50+ countries.
MusclePharm is an award-winning, worldwide leading sports nutrition, and lifestyle company offering branded nutritional supplements. Its portfolio of recognized properties includes the MusclePharm Sport Series, Essentials Series, and recently-launched Natural Series, as well as FitMiss, which is a product line designed specifically for female athletes. MusclePharm products are available in more than 100 countries globally, with its Combat Protein product lineup being the company’s most popular.
CytoSport is an American manufacturer of sports-oriented nutritional products, and supplements company based in Benicia, California.
MHP is Maximum Human Performance, a leading sports nutrition and weight management company whose brands include MHP, MuscleMeds, and Fit & Lean. MHP’s science-driven approach and research partnerships with some of the USA’s leading universities have helped create some of the best-known products in the industry, including Up Your Mass protein, Hyper Crush pre-workout, Xpel natural diuretic, and Carnivore beef isolate protein. MHP brands are the inspired choice for professional and performance athletes, bodybuilders, and fitness enthusiasts worldwide.
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