Introduction:
Growing
interest of consumers towards maintaining health and awareness is
creating immense demand for protein enriched drinks. Currently,
protein drinks are being increasingly marketed across the globe as a
sports nutrition drink. Sports drinks or protein drinks are
increasingly being consumed by athletes and bodybuilders to improve
their overall performance, health and muscle growth. Proteins are
essential part of daily diet which make up the red blood cells and
other muscles in the body. Apart from athletes the consumption of
protein drinks is rising among other demographics including, men,
women and other seniors. The global protein drink market is expected
to represent significant growth opportunities in the overall market
owing to increasing demand for ready to drink and protein drinks.
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Protein
Drinks Market Segmentation
Global
protein drinks market is segmented on the basis of source, packaging,
sales channels, end user and region. On the basis of source the
global protein drink market is segment in to, whey, casein, rice,
egg, milk pea, soy, hemp and others. Whey currently is the most
important source of protein available in the market. Protein obtained
from whey is shown to promote lean muscle growth and fat loss among
athletes and bodybuilders making it extremely useful for post workout
recovery. Further, obtaining protein from whey is the most
inexpensive technique and has immense potential to lower blood sugar
levels, reduce blood pressure and aid in inflammation recovery. Apart
from whey casein and egg proteins are also one of the most important
sources of proteins representing substantial revenue growth over the
forecast period.
On
the basis of packaging the global protein drinks market is segmented
into, cans, bottles, and cartons. Bottles and carton packaging type
segments are expected to represent significant growth opportunities
in the overall protein drinks market over the forecast period.
On
the basis of sales channels the global protein drinks market is
segmented into, supermarkets and hypermarkets, convenience stores,
specialty stores, e-commerce and other retail outlets. Increasing
visibility and availability of discounted drinks is expected to
contribute towards overall revenue growth of supermarkets and
hypermarkets and e-commerce sales channel segments and in turn the
overall protein drinks market.
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On
the basis of area of end user the global protein drinks market is
segmented into, adults and kids segments. Consumption of protein
drink is observed on a greater extent among athletes and other sports
playing consumers which is expected to fuel the market growth of
protein drinks over the forecast period.
On
the basis of region the global protein drink market is segmented
into, North America, Latin America, Europe, Asia Pacific and Middle
East and Africa. North America and Europe are the largest markets for
Protein Drink globally attributable to increasing demand for natural
and organic drinks specifically those made without artificial colors,
flavors, and other additives, extends to energy and sports drinks.
The expanding customer base for the sports drinks is expected to fuel
the protein drinks market size over the forecast period. Asia pacific
protein drink market is expected to represent significant growth
opportunities in the overall sports drink market owing to increasing
demand for sugar free and light drinks among female consumers.
Protein
Drinks Market Global Market Trends and Market Drivers:
Expanding
consumer base across the globe are adopting healthy living and
fitness trends. This is especially followed across developed markets
such as North America, Europe and other developed regions where
healthy lifestyle has become the new normal thus expanding the
consumer base for protein and energy base drinks. Protein drinks have
immense health benefits and consumer today are demanding for drinks
that aid there overall physical performance which is further expected
to result in increasing market revenue in the global protein drinks
market. Growing number of manufacturers of protein drinks have pushed
themselves into mass channels which is escalating the market revenue
generation in the global protein drink market over the forecast
period. New products introduction in the protein drinks category is
also expected to aid the global protein drinks market in the near
future.
Protein
Drinks Market Key Players:
Increasing
demand for plant based protein drinks is expected to push
manufacturers to bring organic and clean label protein drinks across
the market channels. Variety of protein drinks have been introduced
by the manufacturers and some of the global market players
manufacturing protein drinks market include; The Kellogg Company,
SlimFast, CP Kelco, PMV Nutrient Products Pvt Ltd., nutrineo, Orgain,
Inc., Powerful Yogurt and others.
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