High Protein Based Food Market Size By Application, Industry Analysis Report, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030
High-protein-based food products are specially-made products that help to build energy and muscle, and improve ones overall health. These products are also good sources of various fortified nutrients, including proteins, vitamins, minerals, carbohydrates, and fats. The concept of high-protein-based foods has gained worldwide popularity in the past few years. In the US, according to the Center for Disease Control and Prevention (CDC), the obesity rates are nearly 39% for the population segment belonging to the age bracket of 40-59 years and 29% for the population segment belonging to the age bracket of 20-39 years. With the high obesity rates and the increasing number of related health issues, the emphasis on leading a healthy lifestyle is increasing. This in turn, is driving the markets growth in the US, especially for sports nutrition drinks.
The gradual shift in preference toward natural and herbal products is one of the major factors driving this market\'s growth. Since these natural products have lesser side effects and are effective for a long period, their demand is gaining momentum. Nutraceuticals are products derived from food sources and have several health benefits. Moreover, vendors are now focusing on developing herbal products to address the growing demand, which will propel this market\'s growth prospects during the forecast period.
The Americas accounted for most of the market shares during 2016 and will continue to lead the market in the coming years. The US is the largest market in this region, which is experiencing growth in terms of both volume and value. With changing consumer demographics and growing awareness of protein\'s health benefits, the demand for food and beverages with high protein content will gain traction over the next four years in the region.
The Global High Protein Based Food Market size was xxx million USD with a CAGR xx % from 2018- 2022. It will stretch to xxx million USD in 2023 with a CAGR of xx % from 2023-2030.
As the report focuses on global High Protein Based Food Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
Clif Bar & Company
Coca-Cola
Glanbia Nutritionals
GSK
PepsiCo
In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Protein-Rich Drinks
High-Protein and High-Energy Sports Drinks
High-Protein and Nutritious Sports Drinks
Protein-Rich Packaged Food
Protein Supplements
In Market segmentation by applications :
Supermarkets and Hypermarkets
Independent Retailers
Discounters
Convenience Stores
Online Stores
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the High Protein Based Food Market for the forecast period 2023-2030?
• What are the driving forces in the High Protein Based Food Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the High Protein Based Food industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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