Global Nutrition Powder Market Report and Forecast 2024-2032

Global Nutrition Powder Market Report and Forecast 2024-2032

Market Outlook

According to the report by Expert Market Research (EMR), the global nutrition powder market is projected to grow at a CAGR of 4.9% between 2024 and 2032. Aided by the escalating demand for convenient and nutrient-dense dietary solutions and the expansive applications of nutrition powders across varied domains, the market is expected to grow significantly by 2032.

Nutrition powders, commonly comprised of essential vitamins, minerals, proteins, and fibres, are frequently integrated into health regimes by individuals worldwide. These powders have become a staple for many, given their versatility; they can be conveniently mixed into beverages, sprinkled on food, or consumed directly. They serve as an efficient medium to fulfil daily nutrient requirements, ensuring optimal bodily function and health. In addition to their nutritional merits, these powders are often hailed for their superior solubility, ease of storage, and longer shelf life, rendering them indispensable in various commercial ventures, such as the health and wellness, food and beverage, and sports sectors.

The burgeoning inclination of consumers towards fast yet health-centric dietary solutions has been a significant propellant for the global nutrition powder market growth. As urbanization continues to expand and lifestyles become increasingly hectic, many individuals find it challenging to maintain a balanced diet. Nutrition powders, in this context, offer a quick fix, ensuring that people receive their daily dose of essential nutrients without substantial time investment. This aspect, coupled with an ever-growing awareness about maintaining good health, especially in the face of global health crises, has substantially augmented the demand for nutrition powders.

Additionally, the fitness sector's meteoric rise, with more individuals now prioritizing physical health and wellness, has further fuelled the nutrition powder market demand. Fitness enthusiasts, bodybuilders, and athletes often turn to nutrition powders to enhance muscle recovery, increase stamina, or simply to complement their strenuous routines with appropriate nutritional support.

Diverse industries have been quick to recognize and harness the potential of nutrition powders. The food and beverage sector, for instance, is witnessing a surge in the integration of these powders into various products such as energy bars, fortified drinks, and health snacks, offering consumers an easy way to enhance their nutrient intake. In the beauty and personal care sector, the antioxidant properties of certain nutrition powders are utilized in the formulation of skin-care products, underscoring their role in skin health and rejuvenation.

As per the nutrition powder market analysis, with the ascent of specific dietary preferences and needs, including veganism, gluten-free diets, and ketogenic regimens, among others, customized nutrition powders catering to these specificities have witnessed a surge in demand. Vegan nutrition powders, which exclude all animal-derived ingredients, for example, have been gaining traction, mirroring the global move towards plant-based diets. Similarly, low-carb, high-fat nutrition powders supporting ketogenic diets have also carved a niche for themselves.

Market Segmentation

The market can be divided based on product type, distribution channel, and region.

Market Breakup by Product Type

• Egg Protein
• Pea Protein
• Casein Protein
• Brown Rice Protein
• Hemp Protein
• Mixed Plant Protein
• Whey Protein
• Others

Market Breakup by Distribution Channel

• Hypermarkets and Supermarkets
• Speciality and Drug Stores
• Online Stores
• Institutional Sales
• Convenience Stores

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global nutrition powder market. Some of the major players explored in the report by Expert Market Research are as follows:

• Bright Lifecare Private Limited (MuscleBlaze)
• Ultimate Nutrition Inc.
• (Health Sciences International Inc.) MuscleTech®
• Superior Supplement Manufacturing
• PreMark Health Science
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.