Food & Beverages
The global protein supplements market size reached US$ 24.5 Billion in 2023. The market is primarily driven by the escalating demand for protein supplements in sports nutrition. In addition, the rising popularity of gym culture and the increasing participation in various sports and fitness activities represents another major growth-inducing factor. Besides this, the market is also propelled by the rising health consciousness and growing inclination toward lead an active and healthy lifestyle among individuals. Moreover, the increasing disposable incomes and the easy product accessibility across several online and offline distribution channels are also augmenting the market growth.
As per the analysis by IMARC Group, the top protein supplement companies are introducing clean-label and plant-based protein supplements due to the rising concerns about animal welfare and the emerging trend of veganism. They are also launching product variants in different flavors and formats, including powder, ready-to-drink (RTD), and bar formats. Besides this, several leading market players are investing in aggressive marketing tactics, such as social media marketing and celebrity and sports personality endorsements, to create brand awareness and strengthen their market foothold. Looking forward, IMARC Group expects the market to reach US$ 45.3 Billion by 2032, exhibiting a growth rate (CAGR) of 6.9% during 2024-2032.
Learn about opportunities, challenges, and trends in the global Protein Supplements market with IMARC’s market research report. Try a free sample today!
The global logistics automation market has several major players, including Abbott Laboratories, Amway, Dymatize Enterprises LLC (BellRing Brands), Glanbia PLC, GNC Holdings Inc. (Harbin Pharmaceutical Group), Herbalife International of America Inc., Iovate Health Sciences Inc., Makers Nutrition LLC, Melaleuca Inc., Nestlé S.A, Quest Nutrition LLC (Atkins Nutritionals Holdings Inc.) and Weider Global Nutrition LLC. More information about these companies has been provided below.
Establishment: |
1888 |
Headquarters: |
Illinois, the United States |
Website: |
https://www.abbott.co.in/ |
Abbott Laboratories is a multinational healthcare company that has become one of the largest companies in the world in the fields of pharmaceuticals, medical devices, diagnostics, and nutrition. The company's product portfolio includes a broad range of pharmaceuticals, medical devices, diagnostic tests, and nutritional products. Besides, the company offers a range of protein supplements under its brand name, Ensure. Ensure is a line of nutritional products that includes meal replacement shakes, powders, and bars that are designed to provide balanced nutrition and support a healthy lifestyle. At present, Abbott Laboratories operates in over 160 countries and employs approximately 110,000 people worldwide.
Establishment: |
1959 |
Headquarters: |
Michigan, the United States |
Website: |
https://www.amwayglobal.com/ |
Amway is one of the leading providers of health, beauty, and home care products. It offers a diverse range of products across various categories, including dietary supplements, vitamins, minerals, weight management and sports nutrition products, laundry products, air and water treatment systems, jewelry, watches, and fashion accessories, energy drinks and bars, and water filtration systems, air purifiers, and humidifiers. Presently, Amway products are available for purchase through the company's independent business owners or through its online store.
Establishment: |
1994 |
Headquarters: |
Texas, the United States |
Website: |
https://dymatize.com/ |
Dymatize Enterprises LLC is a sports nutrition and supplement company that specializes in developing and marketing products for athletes and fitness enthusiasts. It offers a range of products, including protein powders, pre-workout supplements, post-workout recovery supplements, and a variety of other sports nutrition products. The company's products are designed to support muscle growth, strength, and endurance, as well as overall health and wellness. At present, Dymatize products are available for purchase through various retail channels, including health and nutrition stores, specialty retailers, and online retailers. The company is known for its innovative product development and has won numerous awards and accolades within the sports nutrition industry.
Establishment: |
1997 |
Headquarters: |
Kilkenny, Ireland |
Website: |
https://www.glanbia.com/ |
Glanbia PLC is a global nutrition company that produces a range of ingredients, premixes, and finished products for the food, beverage, and sports nutrition industries. It operates through two main segments, Glanbia Performance Nutrition, which specializes in sports nutrition products, and Glanbia Nutritionals, which focuses on food and beverage ingredients. The company's products are marketed under a variety of brands, including Optimum Nutrition, BSN, ABB, Isopure, thinkThin, and Amazing Grass. It also produces protein powders, bars, ready-to-drink beverages, and performance supplements. At present, the company operates in over 30 countries and has manufacturing facilities in 11 countries.
Establishment: |
1935 |
Headquarters: |
Pennsylvania, the United States |
Website: |
https://www.gnc.com/ |
GNC Holdings Inc. is a specialty retailer of health, wellness, and sports nutrition products. It offers a wide range of products, including vitamins, supplements, sports nutrition, weight management, and personal care products. The company operates through a network of over 7,000 retail stores worldwide and through its e-commerce platform. GNC is known for its proprietary product lines, including its flagship brand of vitamins and supplements, as well as its performance and weight management supplements. The company also offers a range of third-party brands, including Optimum Nutrition, Cellucor, and Quest Nutrition.
Establishment: |
1980 |
Headquarters: |
California, the United States |
Website: |
https://www.herbalife.com/ |
Herbalife International of America Inc. is a multinational multi-level marketing company that produces and markets dietary supplements, weight management, and personal care products. It offers a range of products, including protein shakes, weight loss supplements, energy and fitness drinks, and personal care products. The company's products are marketed through a network of independent distributors who earn commissions based on their sales and downline sales.
Establishment: |
1995 |
Headquarters: |
Ontario, Canada |
Website: |
https://www.iovate.com/ |
Iovate Health Sciences Inc. is a company that specializes in the development and production of nutritional supplements, weight loss products, and sports nutrition products. It offers a range of products under various brand names, including MuscleTech, Six Star, Hydroxycut, and Purely Inspired. The company's products are marketed to athletes, fitness enthusiasts, and individuals seeking to support their overall health and wellness. Iovate is committed to quality and safety and operates a state-of-the-art research and development facility in Oakville, Ontario, as well as manufacturing facilities in the United States and Canada.
Establishment: |
2014 |
Headquarters: |
New York, the United States |
Website: |
https://www.makersnutrition.com/ |
Makers Nutrition LLC is a privately held dietary supplement and nutraceutical contract manufacturing company that has become one of the leading providers of custom dietary supplement manufacturing solutions in the industry. It specializes in developing, formulating, and producing dietary supplements, vitamins, minerals, and other health and wellness products for various clients, including nutraceutical companies, private-label brands, and other health and wellness businesses. Moreover, the company provides product development, label and packaging design, and product testing and analysis services.
Establishment: |
1985 |
Headquarters: |
Idaho, the United States |
Website: |
https://www.makersnutrition.com/ |
Melaleuca Inc. is a wellness company that produces and sells a wide range of personal care and household products. It offers nutritional supplements, essential oils, cleaning supplies, and personal care products like skincare and hair care. The company emphasizes using natural, plant-based ingredients in its products, and aims to provide customers with safe and effective alternatives to traditional household and personal care products. Melaleuca operates as a multi-level marketing (MLM) company, which means that its products are sold by independent representatives who earn commissions on their sales. The company has a strong online presence and sells its products through its website as well as through its network of independent representatives.
Establishment: |
1866 |
Headquarters: |
Vevey, Switzerland |
Website: |
https://www.nestle.com/ |
Nestlé S.A. is a multinational food and beverage company based in Switzerland. It was founded in 1866 by Henri Nestlé and is currently the largest food company in the world by revenue. Nestlé produces a wide range of products, including baby food, bottled water, breakfast cereals, coffee, confectionery, dairy products, ice cream, pet foods, and snacks. Some of the company's best-known brands include Nescafé, KitKat, Smarties, Gerber, Nespresso, and Purina. In addition to its food and beverage products, Nestlé produces a range of protein supplements under the brand Resource, which includes high-protein shakes, powders, and bars that can help supplement the diet and provide essential nutrients.
Establishment: |
2010 |
Headquarters: |
El Segundo, California |
Website: |
https://www.questnutrition.com/ |
Quest Nutrition LLC is a company that produces protein bars, protein chips, and other nutritional products. Its flagship product is its protein bar, which is marketed as a healthy and convenient snack option for people who are looking to increase their protein intake. The company's protein bars are high in protein, low in sugar and carbohydrates, and made with natural ingredients. In addition to its protein bars, Quest Nutrition produces protein chips, protein powders, and other nutritional products. The company has a strong online presence and sells its products through its own website as well as through retailers such as Amazon, GNC, and Vitamin Shoppe.
Establishment: |
1936 |
Headquarters: |
Utah, the United States |
Website: |
https://www.weider.com/ |
Weider Global Nutrition LLC is a company that produces and distributes nutritional supplements, including protein powders, bars, and other sports nutrition products. The company's product line includes a wide range of protein powders, including whey protein, casein protein, and plant-based protein options. They also produce pre-workout supplements, post-workout recovery supplements, and other sports nutrition products. In addition to its product offerings, Weider Global Nutrition provides educational resources and training programs for athletes and fitness enthusiasts through its website and social media channels.
About Author:
Aditi Kumar Senior Content Writer at IMARC Services Private Limited Aditi is a content writer and editor at IMARC Services Private Limited with over two years of experience in market research, covering diverse sectors from information technology to healthcare, automotive, oil and gas, food and beverage, and electronics. She actively works on numerous predictive and exploratory research projects and has hands-on experience analyzing and writing about macro and micro markets. Besides writing, Aditi loves baking and reading novels. |
Phone: +1-631-791-1145
Phone: +91-120-433-0800
Phone: +44-753-714-6104
Email: sales@imarcgroup.com
134 N 4th St. Brooklyn, NY 11249, USA
+1-631-791-1145
Level II & III, B-70, Sector 2, Noida, Uttar Pradesh 201301, India
+91-120-433-0800
30 Churchill Place London E14 5EU, UK
+44-753-714-6104
© Copyright IMARC Services Private Limited 2024. All rights reserved. Terms & Conditions | Privacy Policy | SiteMap