Allied Market Research published a report, titled, “Grass fed Protein Market by Product type (Powder, Shakes & drinks, Bars, Others), by Flavor (Chocolate, Vanilla, Others), by Distribution channel (Hypermarket/Supermarket, Online sales channel, Specialty stores): Global Opportunity Analysis and Industry Forecast, 2021-2031.” According to the report, the global grass fed protein industry was estimated at $122.8 million in 2021, and is anticipated to hit $280.6 million by 2031, registering a CAGR of 8.7% from 2022 to 2031. The report offers an explicit analysis of the changing market trends, top segments, key investment pockets, value chain, competitive scenario, and regional landscape.
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Drivers, restraints, and opportunities-
Increase in use of grass fed protein in the pharmaceuticals and food & beverages industries drives the growth of the global grass fed protein market. On the other hand, negative impacts associated with overconsumption of protein hinder the growth to some extent. However, surge in use of grass fed protein in the pharmaceuticals and food & beverage industries have paved the way for lucrative opportunities in the industry.
Regional Outlook:
As per region, the grass fed protein market size for Europe was largest in 2021 due to growing preference towards grass fed protein across the region. Demand for grass fed protein from the countries such as France, Germany, and the UK is driving the market growth. Growth in urban population combined with rise in disposable income and living standards, is expected to contribute to overall market growth.
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Leading Key Players In The Market:
The market is being driven by factors such as rapid growth in the food & beverages as well as dairy industries in developing countries and increase in awareness related to the benefits of grass fed protein. The major players operating in the global grass fed protein industry are Gnarly Nutrition, MusclePharm, Naked Nutrition, Organic Valley, Promix Nutrition, NutraBio Labs, Now foods, Fonterra, Arla Food Ingredients, and Kerry.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the grass fed protein market analysis from 2021 to 2031 to identify the prevailing grass fed protein market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the grass fed protein market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- 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 grass fed protein market trends, key players, market segments, application areas, and market growth strategies.
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