Market Overview:
The global protein stick market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for healthy and convenient snacks, rising awareness about the benefits of protein-rich diets, and growing popularity of fitness activities. In terms of type, the sugar-free segment is expected to grow at a higher rate than the sugary segment during the forecast period. This can be attributed to rising consumer awareness about health risks associated with excessive sugar consumption and growing demand for healthier snack options. By application, fitness is expected to be the fastest-growing segment during the forecast period owing to increasing adoption of healthy lifestyles by consumers across regions.
Product Definition:
A protein stick is a food item that contains high levels of protein. It can be used as a source of nutrition for individuals who are trying to increase their protein intake, or as a means of supplementing their regular diet. Protein sticks are also popular among athletes and bodybuilders, as they can help to promote muscle growth and development.
Sugary:
Sugary is a type of carbohydrate that has more than the regular amount of glucose (sugar) in it. The most common types of sugary foods are table sugar, corn syrup, and honey. Sugars are found in many plants and animals.
1) They help to increase the water absorption capacity (willingness).
Sugar-free:
Sugar-free products are those that do not contain sugar and are used as an ingredient in protein bars. Sugar-free ingredients provide the same flavor, texture, and look of traditional sweeteners such as powdered sugar. The product is gaining popularity among consumers who have diabetes or who want to limit their intake of added sugars.
Application Insights:
The fitness application segment led the market and accounted for more than 54% share of the global revenue in 2017. The product is widely used by athletes, bodybuilders, sportspersons and others to recover from injuries quickly. It also helps strengthen muscles, improve stamina & flexibility and lose weight fast without dieting or starving yourself.
Protein plays a vital role in the human body as it is required to build new cells and repair & maintain existing ones. Thus, increasing demand for protein-rich products such as sticks will boost industry growth over the forecast period. Moreover, these products are considered beneficial owing to their high protein content; thus this will also fuel industry expansion over next seven years or so. The other application segment includes cafes/restaurants/food trucks etc.
Regional Analysis:
North America accounted for the largest revenue share in 2017. The region is expected to maintain its dominance over the forecast period owing to high consumer awareness and availability of a wide range of products. In addition, increasing number of product launches in countries such as U.S., Canada, and Mexico are likely to boost regional growth over the coming years.
Asia Pacific is anticipated to witness significant growth during the forecast period due to rising disposable income coupled with growing health consciousness among consumers from developing economies including China, India, Thailand Philippines etcetera).
Europe was valued at USD X billion in 2017 and is expected grow at a CAGR exceeding 6% from 2018 To 2030 owing to presence or large number of diabetes patients coupled with rapidly improving economy especially within Germany Italy France Spain UK Russia Poland etcetera).
Growth Factors:
- Increasing demand for healthy snacks: The global protein stick market is expected to grow at a CAGR of over 7% during the forecast period. This can be attributed to the increasing demand for healthy snacks, especially among health-conscious consumers.
- Growing awareness about the benefits of protein: There is a growing awareness about the benefits of protein, which is driving demand for high-protein products such as protein sticks.
- Rising popularity of fitness and sports activities: The popularity of fitness and sports activities is increasing, which is leading to an increase in demand for high-protein foods and supplements that help improve performance.
- Growing number of vegan/vegetarian population: The number of people who are adopting vegan or vegetarian diets is growing rapidly, which is fueling growth in the global protein stick market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Protein Stick Market Research Report
By Type
Sugary, Sugar-free
By Application
Fitness, Travel, Other
By Companies
dotFIT, iHerb, Myprotein, MusclePharm, Power Crunch, Iovate Health Sciences Inc., Simply Good Foods Co, NUTREND, Glanbia, Plc, Clif Bar & Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Protein Stick Market Report Segments:
The global Protein Stick market is segmented on the basis of:
Types
Sugary, Sugar-free
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Fitness, Travel, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- dotFIT
- iHerb
- Myprotein
- MusclePharm
- Power Crunch
- Iovate Health Sciences Inc.
- Simply Good Foods Co
- NUTREND
- Glanbia, Plc
- Clif Bar & Company
Highlights of The Protein Stick Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Sugary
- Sugar-free
- By Application:
- Fitness
- Travel
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Protein Stick Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Protein Stick is a dietary supplement that provides protein and other nutrients.
Some of the major companies in the protein stick market are dotFIT, iHerb, Myprotein, MusclePharm, Power Crunch, Iovate Health Sciences Inc., Simply Good Foods Co, NUTREND, Glanbia, Plc, Clif Bar & Company.
The protein stick market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Protein Stick Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Protein Stick Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Protein Stick Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Protein Stick Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Protein Stick Market Size & Forecast, 2020-2028
4.5.1 Protein Stick Market Size and Y-o-Y Growth
4.5.2 Protein Stick Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Sugary
5.2.2 Sugar-free
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Fitness
6.2.2 Travel
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Protein Stick Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Protein Stick Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Sugary
9.6.2 Sugar-free
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Fitness
9.10.2 Travel
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Sugary
10.6.2 Sugar-free
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Fitness
10.10.2 Travel
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Sugary
11.6.2 Sugar-free
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Fitness
11.10.2 Travel
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Sugary
12.6.2 Sugar-free
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Fitness
12.10.2 Travel
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Sugary
13.6.2 Sugar-free
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Fitness
13.10.2 Travel
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Protein Stick Market: Competitive Dashboard
14.2 Global Protein Stick Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 dotFIT
14.3.2 iHerb
14.3.3 Myprotein
14.3.4 MusclePharm
14.3.5 Power Crunch
14.3.6 Iovate Health Sciences Inc.
14.3.7 Simply Good Foods Co
14.3.8 NUTREND
14.3.9 Glanbia, Plc
14.3.10 Clif Bar & Company
