Albany, NY -- (SBWire) -- 08/09/2017 --High-protein-based food products are specially-made products that help to build energy and muscle, and improve one's overall health. These products are also good sources of various fortified nutrients, including proteins, vitamins, minerals, carbohydrates, and fats. The concept of high-protein-based foods has gained worldwide popularity in the past few years. In the US, according to the Center for Disease Control and Prevention (CDC), the obesity rates are nearly 39% for the population segment belonging to the age bracket of 40-59 years and 29% for the population segment belonging to the age bracket of 20-39 years. With the high obesity rates and the increasing number of related health issues, the emphasis on leading a healthy lifestyle is increasing. This in turn, is driving the market's growth in the US, especially for sports nutrition drinks.
The global high protein based food market to grow at a CAGR of 10.56% during the period 2017-2021. The report covers the present scenario and the growth prospects of the global high protein based food market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
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The market is divided into the following segments based on geography:
- Americas
- APAC
- Europe
- MEA
Technavio's report, Global High Protein Based Food Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
- Clif Bar & Company
- Coca-Cola
- Glanbia Nutritionals
- GSK
- PepsiCo
Other prominent vendors
- Abbott Nutrition
- Champion Performance
- CytoSport
- Midsona Group
- General Nutrition Centers
- Monster Beverage Corporation
- Nutrition & Sant
- ProAction
- Reflex Nutrition
- Science in Sport (SiS)
- Ultimate Nutrition
- Universal Nutrition
Market driver
- Expansion of sales outlets and stream lining of manufacturing processes
- For a full, detailed list, view our report
Market challenge
- Low penetration in developing countries
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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Global High Protein Based Food Market to Grow at a CAGR of 10.56% During 2017-2021 - Clif Bar & Company, Coca-Cola, Glanbia Nutritionals, GSK, PepsiCo