Global High Protein-Based Food Market 2020-2024
Technavio has been monitoring the high protein-based food market and it is poised to grow by $ 27.49 bn during 2020-2024, progressing at a CAGR of 7% during the forecast period. Our reports on the high protein-based food market provide a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the shift in preference toward natural and herbal products, expansion of sales outlets and streamlining of manufacturing processes, and increasing demand for protein-based products. In addition, a shift in preference toward natural and herbal products is anticipated to boost the growth of the market as well.
The high protein-based food market analysis includes product segment and geographical landscapes.
Technavio's high protein-based food market is segmented as below:
- Protein-rich drinks
- High-protein and high-energy sports drinks
- High-protein and nutritious sports drinks
- Protein-rich packaged foods
- Protein supplements
By Geographical Landscapess
- North Americas
- South America
This study identifies the emergence of non-traditional fitness activities as one of the prime reasons driving the high protein-based food market growth during the next few years. Also, the growing demand for sports nutrition products and expanding global health-conscious population will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the high protein-based food market covers the following areas:
- High protein-based food market sizing
- High protein-based food market forecast
- High protein-based food market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading high protein-based food market vendors that include Abbott Laboratories, Clif Bar & Co., Glanbia Nutritionals Inc., GlaxoSmithKline Plc, Hormel Foods Corp., Iovate Health Sciences International Inc., Kellogg Co., Monster Beverage Corp., PepsiCo Inc., and The Coca Cola Co. Also, the high protein-based food market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.