According to a market report, published by Sheer Analytics and Insights, The global bone broth protein market was valued at $23.1 billion in 2021 and it is expected to reach $130.3 billion at a CAGR of 16.20% between 2022 and 2032. One of the most well-liked supplements among individuals all over the world is bone broth protein. A dietary supplement called bone broth protein claims that it can help people lose weight, get rid of joint discomfort, slow down the signs of aging, and control their appetite. Most producers get their protein for bone broth mostly from chicken or cow bones. The market for bone broth protein as a whole is being driven by the increase in the production and consumption of food and beverages with a focus on health and fitness. Due to a huge increase in protein consumption, North America and Europe hold the majority of the market share for bone broth proteins. Additionally, ancient Brands LLC, Perfect Supplements LLC, By-Brown LLC, Kettle & Fire, Inc., LONOLIFE, Paleo Pro LLC, Left Coast Performance, Precision Naturals, Nutraholics, and Protein Essentials LLC are a few of the leading producers in the bone broth protein market.
The popularity and demand for the product are also expanding as a result of consumer lifestyle changes and a rising trend among celebrities, athletes, and health enthusiasts to use bone broth protein powder to meet their body's nutritional needs. The recent rise in popularity of the Paleo diet is another element propelling the market. Additionally, brand owners and distributors support the expansion of bone broth as a useful commodity by claiming that it can reduce inflammation, accelerate healing, calm allergies, combat weariness, and promote fullness. Growing organic food consumption and consumer awareness of the need for a healthy diet are driving market expansion. Hence, all these major factors are projected to fuel market growth in the future.
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Furthermore, the newest development in the field of healthy foods is a protein powder made from bone broth. A nutritional supplement called bone broth protein is created by cooking the bones, cartilage, and ligaments of animals like chicken, cow, and fish to create a broth. The broth is then dehydrated and heated to a low temperature to create bone broth protein powder. Collagen, protein, glucosamine, gelatin, chondroitin, and other nutrients that are frequently absent from the typical diet are all abundant in bone broth protein. In addition, the growing demand for bone broth protein among health enthusiasts is a result of growing consumer awareness of the numerous health benefits linked to it, such as improved intestinal health, reduced skin aging, reduced joint discomfort, and weight loss. These rising factors are expected to create more growth opportunities for the market during the forecast period.
On the other hand, some factors could hamper the bone broth protein market. For instance, the strong demand for plant-based food supplements and the expanding vegan and veganism populations around the world are limiting industry expansion. Furthermore, the primary cause for worry is the exorbitant price. The development of this industry is being constrained by a lack of understanding regarding the demand for healthy alternative food products.
Some new developments in the global bone broth protein market:
According to the study, key players dominating the global bone broth protein market are Ancient Brands (U.S), Australian Bone Broth (Australia), Brown LLC (U.S), Erie Bone Broth (U.S), Kettle and Fire (U.S), LonoLife (U.S), Nutraholics (India), NOW Foods (U.S), Organika Health Products (Canada), One Step Ahead Marketing (South Africa), Paleo Pro LLC (U.S), Peak Performance Life LLC (U.S), SunFed Ranch (U.S), Symrise (Germany), among others.
The Global Bone Broth Protein Market Has Been Segmented Into:
The Global Bone Broth Protein Market – by Source Type:
The Global Bone Broth Protein Market – by Nature Type:
The Global Popcorn Market – by Regions:
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