Europe Protein Supplements Market Size is expected to be USD 8.01 billion 12.02 billion experience moderate growth rate 11.28% throughout the conjecture period (2024 to 2029)
The trend of consumers to adopt a healthy lifestyle has increased the need for additional nutrition in daily life, which is stimulating the growth of the protein supplement market. Additionally, the plant-based diet helps prevent and treat a variety of diseases, including heart disease, diabetes, and high blood pressure. These supplements offer required nutrients, enhances digestion process, improve energy and general health, vitality, physical performance and brain health. These factors constantly accelerate the growth of the protein supplement market in future.
In the past two years, the number of health-conscious clients across the world has increased. They are looking for ways to lead a healthy and active lifestyle, which has fueled the demand for health-oriented food products. Therefore, the protein supplement reflects the same type of traction in Europe. A healthy lifestyle is becoming a normal lifestyle due to the rising problems of obesity, food sensitivity, and people affected by diseases continue to increase. Consumer demand for several protein supplements, along with ready-to-drink infant milk formulas, has risen in previous years because of the higher disposable income and financial stability in European areas. People should spend on these products due to increased health care awareness and the ability to spend on various items, such as protein bars and other supplements. The demand for protein supplements in the young population increases mainly among athletes because they offer various benefits, such as reducing cholesterol, building muscles, increasing strength, fighting cancer, improving immunity and low blood pressure. Therefore, this critical factor has a positive impact on the growth of the European protein supplements market.
This Research Report on Europe Protein Supplements Market is segmented and sub segmented into following categories
Europe Protein Supplements Market By Type
Depending on the type, the European market comprises casein, whey, egg, soy, and others like peas, wheat, rice, canola, gelatine, and collagen. Among these, the whey protein segment represents a larger market share with the increasing usage by athletes and bodybuilders to improve body and muscle growth. The rise in demand for sports nutrition products and clean label ingredients are contributing to the expansion of this segment.
Europe Protein Supplements Market By Form
By form, Europe market is separated into Protein Bars, RTD Liquid, and Powder. By source, the market is mainly bifurcated as Plant and Animal. The plant-based proteins are foreseen to record the significant growth rate in the following years.
Europe Protein Supplements Market By Source
Europe Protein Supplements Market By Distribution Channel
Based on the sales channel, the regional market is separated into specialist sport store, health food store, nutrition store, chemist/drugstore, online, hypermarket/supermarket and others. Over the foreseen period, the online segment is projected to witness the highest demand in this area.
Europe Protein Supplements Market By Online
Europe Protein Supplements Market By Gender
Depending on gender, the European protein supplements market is bifurcated into male and female. Among these, the male segment is foreseen to dominate the female segment, as the former seeks a larger number of supplements to boost their performance in several physical activities, while the latter has comparatively less preference.
Europe Protein Supplements Market By Age Group
Depending on the age group, the regional protein supplement market is divided into baby boomers, Generation X, and millennial. Of these, millennial segment is likely to expand with a considerable CAGR in the European market. Most millennials engage in a variety of health-related extracurricular activities, such as practicing gyms and participating in various sports, which will act as driving element for the use of protein supplements.
IMPACT OF COVID-19 ON EUROPE PROTEIN SUPPLEMENTS MARKET
The Covid-19 pandemic, although, influenced several industries in a negative way, also boosted few industries. One among those positively influenced industries is the protein supplements market. The increasing consumer demand to improve immunity and combat against virus is promoting the call for protein-rich foods, which can be good news for players in the protein supplements market.
Europe Protein Supplements Market By Region
The Europe Protein Supplements market has been classified on the basis of geography into United Kingdom, France, Italy, Germany, Spain and the rest of Europe. The region of Europe is expected to register the second largest share in the worldwide market. The surge in hectic lifestyles has resulted in an increased intake of packaged foods, such as protein bars. Furthermore, the increase in obesity problems, as well as the greater preference for protein-rich products to maintain health, has been a key factor in increasing the demand for protein supplements in the European nations.
KEY PLAYERS IN EUROPE PROTEIN SUPPLEMENTS MARKET
The Europe Protein Supplements Market includes several well-established players like Transparent Labs, Glanbia Plc, IOVATE, Cyto Sport, Abbot Laboratories, MusclePharm Corp, NBTY, NOW Foods, Quest Nutrition, and AMCO Proteins
RECENT HAPPPENINGS IN THE MARKET
Frequently Asked Questions
Several factors contribute to the growth of the protein supplements market in Europe, including increasing consumer awareness of the health benefits of protein, rising interest in sports and fitness activities, changing dietary habits towards higher protein consumption, growing aging population demographics, and the availability of a wide range of protein supplement products catering to diverse preferences and lifestyles.
The European market offers a variety of protein supplement options, including whey protein, which is the most popular and widely used type due to its fast absorption and high biological value. Other types include casein protein, soy protein, pea protein, rice protein, hemp protein, and blends of multiple protein sources. Additionally, there are various formats such as powders, bars, ready-to-drink shakes, and protein snacks.
Yes, there are several emerging trends and innovations in the protein supplements market in Europe, including the development of plant-based protein supplements to cater to the growing demand for vegetarian and vegan options, the use of novel protein sources such as algae and insects, the introduction of personalized nutrition solutions based on individual health and fitness goals, and the integration of functional ingredients such as vitamins, minerals, and adaptogens to enhance the nutritional profile and health benefits of protein supplements. Additionally, there is a growing focus on sustainability and transparency in the sourcing and production of protein supplement ingredients to meet consumer preferences for ethical and environmentally responsible products.
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