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Some major findings of the protein powder market report include:
One stop solution factor of hypermarkets is one of the prime driving forces of the distribution channel segment of the market.
Protein powder industry from animal nutrition supplement application is projected to gain over 6.7% CAGR through 2027, owing to rising livestock sector and increasing awareness regarding animal health and nutrition.
Increasing inclusion of animal sourced products like insects in protein powder is creating lucrative growth opportunities for the market.
Some of the key players operating in the market include GlaxoSmithKline, GNC Holdings, Herbalife International of America, Inc, Amway, ABH Pharma Inc., Abbott Laboratories, Makers Vitaco Health, Living Inc, Atlantic Multipower UK Limited, Nutrition, Glanbia Group, Omega Protein, Melaleuca Inc, and Dalblads.
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NEW YORK, Jan. 21, 2021 /PRNewswire/
Changing consumer preference toward nutritious food products is positively impacting the sales of bone broth protein. Expanding dietary supplement market is also accelerating the growth of the bone broth protein market, as a large portion of this protein is consumed in form of dietary supplements. With a fast-moving lifestyle and less time for preparing and consuming nutritious food products, consumers are looking for easy-to-make food products that are rich in vitamins and minerals. Availability of various flavors offered by manufacturers will give consumers various options to choose from. Healthy protein clubbed with tasty flavors is expected to attract fitness-oriented consumers to include such products in their diets.