Millions of people worldwide rely on the multibillion dollar protein business to meet their demands. The demand for protein supplements has grown as more people are aware of their fitness and health goals. We shall examine the protein industry’s size and market share in this article, as well as some of the leading brands and their owners.
The size of the global market for protein supplements was estimated at $17.5 billion in 2019 and is projected to increase to $27.5 billion by 2027, at a compound yearly growth rate (CAGR) of 6.1%. The market is fueled by factors such the rise in e-commerce sales channels, the rise in the number of health-conscious customers, and the rising demand for sports nutrition products.
Based on the type of product, the distribution channel, the source, and the geography, the market is segmented. Whey, casein, soy, and pea protein are some of the most widely used protein supplements. These goods are sold through a variety of channels, including online shops, specialized retailers, mass merchants, and grocery stores. Who Is the Owner of Solgar?
A well-known company called Solgar makes a variety of dietary supplements, including protein supplements. The Carlyle Group subsidiary NBTY now owns the business, which was established in 1947. The goal of Solgar is to create supplements of the highest caliber without adding any artificial coloring, flavoring, or preservatives. Which Brand of Supplements Is the Best? Protein supplements come in a wide variety of brands, making it difficult to select the top one. Optimum Nutrition, MuscleTech, BSN, and Dymatize are a few of the most well-known and recognized brands. These companies provide a variety of goods that address various requirements, including those for gaining muscle, losing weight, and recovering. Who Creates Naturelo?
Protein supplements are among the natural and organic supplements offered by the company Naturelo. David and Angela Vollmer, who were motivated by their own health journey, launched the business in 2013. Naturelo is dedicated to openness and sustainability and only uses ingredients of the highest caliber. Do Supplements Cost a Lot?
Supplement prices vary depending on the brand, item, and quantity. While certain supplements can be pricey, some are more reasonably priced. It is crucial to pick a reliable company and item that suits your needs and your budget. A healthcare practitioner should be consulted before beginning any supplement program.
In conclusion, the market for protein products is booming and is expected to keep expanding as more people place a high priority on maintaining their physical fitness. Reputable brands that provide a variety of items to meet various needs dominate the market. Customers have access to a wide range of brands, including Solgar, Optimum Nutrition, MuscleTech, BSN, and Dymatize. Another company that specialized in organic and natural vitamins is called Naturelo. While certain supplements might be pricey, thorough research and consultation with a healthcare professional can help you identify high-quality items that are within your price range.