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U.S. Protein Supplement Market to Witness Robust Expansion by 2028

Rise in awareness among people for health & fitness, surge in disposable income, and increase in demand for supplements from the Millennial population drive the growth of the U.S. Protein Supplement Market.

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U.S. Protein Supplement Market to Witness Robust Expansion by 2028

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  1. Frozen Food Market Dairy Protein Market Food Service Equipment Market U.S. Protein Supplement Market No. of Pages- 165 Global Opportunity Analysis and Industry Forecast, 2019-2026 Global OppotunityAnalysis and Industry Forecast, 2020-2027 Global Opportunity Analysis and Industry Forecast, 2020-2027 Global Opportunity Analysis and Industry Forecast, 2019-2026 Global Opportunity Analysis and Industry Forecast, 2021-2028 Global Opportunity Analysis and Industry Forecast, 2020-2027 Download Report Sample

  2. U.S. protein supplement market size is projected to reach $3,585.07 million by 2028 from $1,922.50 million in 2019, growing at a CAGR of 7.7% from 2021 to 2028. Protein is an essential nutrient and second most abundant substance present in the body after water. Protein supplements are concentrated sources of protein obtained from animals or plants that include dairy, eggs, wheat, soybean, pea, and others. They are present in three common forms, that is, powders, bars, and ready to drink (RTD) liquids. Download Report Sample @ https://www.alliedmarketresearch.com/request-sample/12303 U.S. Protein Supplement Market Download Report Sample

  3. Rise in awareness among people for health & fitness, surge in disposable income, and increase in demand for supplement from the Millennial population drive the growth of the U.S. Protein Supplement Market. In addition, alarming rise in obesity rates supplements the market growth. However, availability of cheaper alternatives and side-effects and negative publicity & claims hinder the market. On the contrary, increase in demand from the young population is expected to open lucrative opportunities for the market players in the future. • Covid-19 scenario: • Since the Covid-19 outbreak, people have become concerned about their health and wellness. More and more people are more conscious about their dietary decisions, immunity, and weight gain, which favored the demand for protein supplements. • Chronic illnesses such as diabetes and obesity could increase the chance of getting infected with Covid-19. Thus, the demand for protein supplements increased in the U.S. to combat such diseases and lead a healthier lifestyle. U.S. Protein Supplement Market Download Report Sample

  4. U.S. Protein Supplement Market is segmented on the basis of type, form, source, gender, age group, and distribution channel. Based on type, the soy protein segment is expected to register the highest CAGR of 8.8% during the forecast period. However, the whey protein segment held the largest share in 2019, accounting for nearly two-fifths of the market. Request the Covid19 Impact Analysis @ https://www.alliedmarketresearch.com/request-for-customization/12303?reqfor=covid On the basis of form, the RTD liquid segment is anticipated to manifest the highest CAGR of 8.7% during the forecast period. However, the powder segment held the lion’s share in 2019, contributing to more than three-fourths of the market. Based on distribution channel, the e-commerce segment dominated the market in 2020, holding nearly one-fifth of the market. Moreover, the segment is expected to register the highest CAGR of 8.5% from 2021 to 2028. U.S. Protein Supplement Market Download Report Sample

  5. The Major Key Players Are: • Abbott Laboratories • ABH Pharma Inc. • Amway Corporation • Glanbia Corp. • GlazoSmithKline • GNC Holdings • Herbalife International of America Inc. • Bob's Red Mill • Nutiva Inc. • and MusclePharmCorporation • To Read More About This: https://www.alliedmarketresearch.com/us-protein-supplement-market-A11938 U.S. Protein Supplement Market Download Report Sample

  6. Key findings of the study • Based on type, the whey protein segment accounted for around 38.6% market share in 2019, growing at a CAGR of 7.9% from 2021 to 2028. The soy protein segment accounted for around 23% market share, growing at a CAGR of 8.8% from 2021 to 2028. • Based on form, the powder segment accounted for 76.8% share of the market in 2019 and is expected to grow at a CAGR of 7.6%. The Ready to Drink (RTD) liquid segment occupied around 12.3% share of the market and is expected to grow at the CAGR of 8.7%. • Based on source, the animal segment accounted for 74.4% share of the market in 2019 and is expected to grow at the highest CAGR of 7.8%. The plant segment occupied around 25.6% share of the market and is expected to grow at the CAGR of 7.4%. • Based on gender, the male segment accounted for 61.6% share of the market in 2019 and is expected to grow at the highest CAGR of 7.9%. Female segment occupied around 38.4% share of the market share and is expected to grow at the CAGR of 7.3%. • Based on age group, the millennial segment accounted for 45.9% share of the market in 2019 and is expected to grow at the highest CAGR of 8.1%. The Generation X segment occupied around 31.8% share of the market and is expected to grow at the CAGR of 7.6%. U.S. Protein Supplement Market Download Report Sample

  7. Contact: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free (USA/Canada): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com U.S. Protein Supplement Market Download Report Sample

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