Expansion in Sports Nutrition Demand Driving Global Protein Powder Market: Ken Research
Ken Research has announced recent publication titled, “Global
Protein Powder Industry In-Depth Investigation and Analysis Report 2017”.
The report studies Protein Powder in Global market, especially in North
America, Europe, China, Japan, Southeast Asia and India. It covers information
on production, consumption and trade statistics, from 2011 to 2016, and
forecast to 2020.
The report offers major statistics on the state of the
industry and is a valuable source of guidance and direction for companies and
individuals interested in the market.
Industry Insights
In a matter of a few short years, the sports nutrition market
has expanded into one that provides fitness and lifestyle support for consumers
of each level of athletic ability, from weekend warriors and amateur athletes
to senior citizens and beyond.
The CAGR of protein powder industry was viewed as 1.7% for
the review period.
Protein products such as bars, powders and ready-to-drink
option have been the most popular by far, registering almost 90 percent of the
market.
Industries of protein powder of the United States, Europe,
Japan, and China has recently accounted for 53% of the global consumer market
share.
The average output growth rate of protein powder industry in
China was recorded as 1.9% and it was further believed that it will increase
speedily with an average growth rate of 2.3% in the years to proceed.
Because the market of Protein Powder industry veers to be
saturated in economic developed regions and the consumer markets in the region
of emerging economies like China, India, Brazil, etc are on the ascend, the
demand for this industry is forecasted to multiply unceasingly.
The American sports nutrition market especially including
protein powders is expected to surpass USD 8 billion by 2019, evolving at a
compound annual growth rate of more than 7 percent.
The percentage of the consumers who seek foods high in
protein has grown from 39 percent in 2006 to 53 percent in 2014 and is further
expected to ameliorate in the future years registering high revenues and profit
maximization of the industry.
Key Factors Considered in the
Report
Global Protein Powder Industry Research
Protein Powder Market Size
North America Protein Powder Market Trends
Europe Protein Powder Demand
Global Protein Powder Industry Trends
Global Protein Powder Industry Future Outlook
American Sports Nutrition Market Research
Japan Protein Powder Industry Future Outlook
China Protein Powder Industry Future Outlook
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Contact Us:
Ken
Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
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