Protein Powder Market 2021 Growth Challenges and Opportunities, Industry Statistics, Progression Status, Emerging Demands, Future Trends, Share, Covid-19 Impact, Top Leading Players with Strategies and Forecast 2030

In a recent published report, Kenneth Research has updated the market report for Dental Equipment Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Dental Equipment Market products.

 The Final Report will cover the impact analysis of COVID-19 on this industry:

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Kenneth Research has recently added a report titled Protein Powder Market in its storehouse of market research reports. The report provides a detailed insight into the market scenario on the basis of the market size and volume for the forecast period, i.e., 2021 2030. Factors such as the growing advancements in the development of novel drugs, coupled with the growing health infrastructure in several nations worldwide are anticipated to drive the growth of the market in the coming years. Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth.

According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018. Moreover, growing concern for deaths caused due to various diseases and the need for treatment that can lower the crude death rate, which in the year 2019 recorded close to 7% (per 1000 people), are also anticipated to drive the market growth during the forecast period.

Whey Protein Powder and Sports Nutrition are the segments that have been witnessing growth at a noteworthy rate over the past few years owing to ever growing millennial population with changing consumers’ lifestyle who are now adopting healthy eating habits supported by rising awareness among consumers regarding positive impact of consuming protein powder on body, is fusing growth in the market. Amongst the regions, North America accounts for the largest regional share in the Global Protein Powder Market in 2019. Key factors driving the robust growth rate in North America include presence of major leading Protein Powder manufacturers in the region who are focusing on expanding their product portfolio and offering variety of Protein Powder supported by growing number of athletes and body builders with consumers who are preferring healthy lifestyle, thereby infusing growth in the market for Protein Powder during the period.

According to Azoth Analytics research report “Global Protein Powder Market – Analysis By Type (Whey, Casein, Soy, Hemp, Others), Application (Food & Beverage, Healthcare, Sports Nutrition, Others), Distribution Channel (Online, Offline), By Region, By Country (2019 Edition): Opportunities and Forecast (2019-2024)”, global market was valued at USD 6.6 billion in value and x Million tonnes in 2018 and is projected to display a robust growth represented by a CAGR of 7.7% during 2019 – 2024 in terms of value. 

The report has covered and analyzed the potential of Global Protein Powder Market in terms of value and volume, the analysis of companies and their market share and the future potential of the industry at global, regional and country level. The report provides statistics and information on market size, shares and growth factors and intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the Global Protein Powder Market. Additionally, the report also highlights market entry strategies for various companies across the globe. 

Scope of the Report

Global Protein Powder Market (Actual Period: 2014-2018, Forecast Period: 2019-2024)
• Global Protein Powder Market – By Value and Volume – Size, Growth, Forecast
• By Product Type – Whey, Casein, Soy, Hemp, Others
• By Application – Food & Beverage, Healthcare, Sports Nutrition, Others
• By Distribution Channel – Online and Offline

Regional Markets – North America, Europe, APAC, Rest of the World (Actual Period: 2014-2018, Forecast Period: 2019-2024)
• Global Protein Powder Market – By Value and Volume – Size, Growth, Forecast
• By Product Type – Whey, Casein, Soy, Hemp, Others
• By Application – Food & Beverage, Healthcare, Sports Nutrition, Others
• By Distribution Channel – Online and Offline

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Country Analysis – US, Canada, Germany, France, UK, Italy, China, Japan, India, South Korea (Actual Period: 2014-2018, Forecast Period: 2019-2024)
• Protein Powder Market – Size, Growth, Forecast
• By Product Type, By value – Whey, Casein, Soy, Hemp, Others
• By Application – Food & Beverage, Healthcare, Sports Nutrition, Others 
• By Distribution Channel – Online and Offline

Other Report Highlights
• Market Dynamics – Drivers and Restraints
• Market Trends
• SWOT Analysis
• Competitive Landscape
• Company Analysis – Abbot Laboratories, GlaxoSmithKline Plc, AMCO Proteins, MusclePharm Corporation, NOW Foods, Glanbia Plc, NBTY Inc, Herbalife International of America, Inc., General Nutrition Corporation (GNC Holdings Inc.), Suppleform

Customization of the Report
The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.

About Kenneth Research:

Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.

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