Market Share of Protein Supplements Industry
The global protein supplements market is fragmented, with the presence of several regional and global players. The players with substantial market shares include Glanbia PLC, Mondelez International Inc., Meiji Holdings Company, Woodbolt Distribution LLC, and The Hut Group. Companies are increasing their investments in research and development (R&D) and marketing and are expanding their distribution channels to maintain their position in the market. They are also adopting competitive strategies by investing more in developing products according to the tastes and preferences of the new-generation customers. Along with a strong product portfolio, companies use corporate strategies like partnerships, mergers, and acquisitions to penetrate the market.
Protein Supplements Market Leaders
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Glanbia PLC
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Mondelez International Inc.
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The Hut Group
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Meiji Holdings Company Ltd
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Woodbolt Distribution LLC
*Disclaimer: Major Players sorted in no particular order