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Global Protein Supplements Market Size, Growth Analysis Report, Forecast to 2027
The global protein supplements market is projected to exhibit a significant growth, at a CAGR of around 7.0%, during the forecast period. The demand for protein supplements is continuously increasing across the globe due to the rising consciousness amongst public related to health.
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The increasing trend for physical exercise has significantly stimulated the market growth across the globe. Moreover, the rising disposable income and continuous growth in the health and fitness centers, such as gym, have been offering growth to the protein supplements market. Realizing these factors, many new entrants as well as other dietary supplements market players are launching newer and novel products in the global market. In the past 2-3 years, a number of protein supplement products are launched in India-
A Full Report of Global Protein Supplements Market is Available at: https://www.omrglobal.com/industry-reports/protein-supplements-market
In September 2019, MuscleBlaze introduced a Biozyme Whey protein powder series, especially for the Indian market. The company launched #WheyForIndia campaign for the Indian gym-goers. All protein products offered by the company are covered under its sports-nutrition category and are designed keeping in the mind the type of the Western body and dietary habits the people follow in India. The product is clinically tested on Indian bodies, which offered result for 50% higher absorption as compared to other whey proteins available in the market, as it has Enhanced Absorption Formula(tm) (EAF).
In April 2020, EspererOnco Nutrition, an India-based start-up launched first-of-its-kind product, a series of nutrition supplements for the cancer patients. The series includes a set of three products for cancer patients at different stages of treatment, before, during, and post. The ingredients contained in the products include milk protein and prebiotics and probiotics. The product is available in the market in the form of powder packets. These series of products are designed to maintain nutrition level in cancer patients and further alleviate problems, such as weight loss. The company has started its distribution in a number of hospitals in India, which includes HCG hospitals and Apollo Hospitals.
GSK consumer healthcare Ltd., a division of GlaxoSmithKline PLC introduced a new consumer segment in February 2018 that serves nutritional products to the Indian men. The company launched Horlicks Protein+, a protein supplement developed and manufactured in India. This protein supplements have been growing at significant growth rate of more than 20% annually in India. As per the company’s press release, around 46% of GSK’s revenue comes from South India, followed by East India with 36%, while the remaining comes from exports (8%), North India (7%) and West India (3%). Through Horlicks Protein+ for men, the company is expecting a growth even in the weaker regions of the country.
Global Protein Supplements Market-Segmentation
By Technology
Whey Protein Supplement
Pea Protein Supplement
Casein Protein Supplement
Others (Soy Protein Supplement)
By Source
Animal-based
Plant-based
By Form
Powder
Bars
Ready-to-drink
Global Protein Supplements Market– Segment by Region
North America
United States
Canada
Europe
Germany
UK
France
Spain
Italy
•Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Reasons to Buying From us –
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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Papain Market Set To Record Exponential Growth By 2026
Papain is extracted from the raw fruit of the papaya plant and is known as proteolytic enzymes. It is measured in paper units (PU) because of the presence of plant-source protease enzymes. It is a popular ingredient in meat tenderizer, because it helps in breaking proteins down into amino acid and peptides. It is found in chewable capsule form. It is used in toothpaste and mint sweets. It is also used to cure pain, inflammation, and swelling. It helps digest proteins, as well. It is also the main ingredient in Papacarie, which is used for chemo mechanical removal of dental caries.
Papain finds wide application in pharmaceutical industry. It is used in tooth pastes due to its anti-inflammatory, anthelmintic, and tooth-whitening properties. It is also used to ease muscle soreness and relieve shingles. It also helps stimulate digestion and prevents food poisoning as it can hydrolyze protein. However topical papain may cause blisters, allergic reaction, and skin irritation.
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Papain is very effective in skin renewable and skin lightening processes. It is also used for exfoliating treatments to remove dead skin. Thus, there is an increase in the demand for papain from the cosmetic industries in the last few years. Rise in demand for natural ingredients in cosmetics generates the requirement for papain.
Top Market Players:
Excellent Biotechnologies
Hexon Laboratories Pvt. Ltd.
Rosun Natural Products
Chemos GmbH
AXO Industry SA
Fruzyme Biotech India Pvt. Ltd
Pangbo Enzyme
S.I. Biozyme
LGM Pharma
Aumgene Bioscience
Senthil Papain and Food Products
Ultra Bio-Logics Inc.
Panreac
The global papain market is segmented into distribution channel, end user, and region. Based on end user, it is classified into food & beverages industry, pharmaceutical, and cosmetics. By distribution channel, the market is bifurcated into direct and indirect. By region, the market is divided into North America, Europe, Asia-pacific and LAMEA.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global papain market from 2018 to 2026 to identify the prevailing market opportunities.
The key countries in all the major regions are mapped based on their market share.
Porter’s five forces analysis highlights the potency of the buyers and the suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
In-depth analysis of the market segmentation assists in determining the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global industry. Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global market, key players, market segments, application areas, and growth strategies.
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Silage Additives Market by Product Types and Application, Top Manufacturer, Regional Analysis and Forecasts to 2023
Market Overview:
Silage additive is one of the sources in improving livestock feeding and increases the nutritional level in animals. Therefore, increasing focus of consumers in improvising animal health is boosting the market growth. Market Research Future, a firm which specializes in market reports related to the Foods, Beverages & Nutrition sector among others, recently forecasted in its report “Global Silage Additives Market Research Report- Forecast to 2023” that the market will demonstrate an exceptional CAGR % while achieving good growth rapidly in the forecast period.
Silage is a plant material, used as cattle feed, that has undergone fermentation .The primary goal of making silage is to maximize the preservation of original nutrients in the forage crop for feeding the livestock later. Silage is also one of the sources of biofuel. Silage additives are added to the forage to increase the nutritive value and improve the hygiene of the silage. Silage being an animal feed ensures improved quality in the meat processors and various products derived from livestock. Also, increasing consumption of meat has stimulated the market of silage additives. Moreover, it has created tremendous opportunities for innovative products in animal nutrition.
Silage additives are important for animal nutrition as they are means to improve silage quality and control the preservation process, so that it can be used further for feeding livestock which is supporting the market growth. Increased focus on enhancing feed utilization and improvising animal health are driving the growth of silage additives market. Additionally, rising consumption of biofuels is driving the growth of silage additive market especially in the developed countries. Moreover, increasing demand for meat consumption due to incessant rise in population, changing lifestyle and cultural trends is boosting the market of silage additives. Industrialization of stock and animal protein industry followed by growing requirement of animal protein is a key factor in the growth of silage additives market.
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Latest Industry Updates:
Aug 2017 Agnition, a brand of Ralco, has launched anchor for silage, a state-of-the-art inoculant blend, powered by patented microbial catalyst technology that rapidly lowers pH levels and locks-in nutrients.
Jan 2017 Livestock nutrition and forage preservation company, Volac, has launched silage additive, Ecocool, approved by the German Agricultural Society, DLG (Deutsche Landwirtschafts-Gesellschaft), for improving the aerobic stability of corn and small grain silages.
May 2016 BioZyme Inc. has launched a natural silage additive called AmaSil, which is scientifically formulated to reduce the time required by silage to properly ferment, minimize nutrient loss and reduce spoilage by undesirable bacteria.
Jan 2016 Lamma has lauched a new machine SilaScale, that comprises a robust system of load cells fitted to one trailer, the ‘master trailer’, within a fleet of silage trailers. This continuously measures the weight of forage harvested, and communicates this information via Bluetooth to the digital flow meter of the additive pump, adjusting the flow of product on a second-by-second basis.
Global Silage Additives Market - Competitive Analysis:
Key manufacturers are focusing on expansion of their product line by adding value additions to their existing products. With the increasing acceptance of silage additives among consumer, the market will see significant growth in next few years. Also, key players in the silage additives market are involved in introducing new products, backed by sustained efforts in R&D.
The key players profiled in silage additives are Archer Daniels Midland Company. (U.S.), ADDCON GROUP GmbH. (Germany), BASF SE (Germany), Cargill Inc (U.S.), Brett Brothers Ltd. (Ireland), Evonik Industries AG (Germany), and Lallemand Inc. (Canada) among many others.
Global Silage Additives Market – Segments:
The global silage additives market has been divided into additive, crop type, application, and region.
On the Basis of Additive: Inoculants, Acid Additive, Absorbents, Nutrients, and Others
On the Basis of Crop Type: Corn, Alfalfa, Clovers, and Others
On the Basis of Application: Cereals, Pulses, and Others
On the Basis of Region: North America, Europe, Asia Pacific, and ROW
Global Silage Additives Market - Regional Analysis:
The global Silage Additives Market is segmented into North America, Europe, Asia Pacific, and rest of the world (RoW). North America is projected to dominate the market followed by Europe. The rising awareness of animal protein among the consumers and availability of latest technologies for innovations in animal nutrient products are driving the market growth of North America. Additionally, rise in demand for animal protein in the region has exerted pressure on livestock farmers. This situation has generated an opportunity for silage additive manufacturers. Increasing focus of governments on feed cost reduction and boosting animal productivity is driving silage additive market in these regions.
Furthermore, Asia Pacific is expected to witness growth during the forecast period 2017-2023 owing to rising industrialization of meat. China, India and Japan are the major markets contributing to the growth of Asia Pacific market.
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