Glanbia shares surge nearly 8% following growth in protein powder brand 

Glanbia group managing director Siobhan Talbot. Glanbia revenues jumped to €5.6bn, up more than 21% on a constant currency basis compared to 2021. Picture: Dylan Vaughan

Food giant Glanbia is considering expanding its business in several markets this year despite ongoing headwinds, following high demand for its protein powders brand.

Growing popularity around Optimum Nutrition led it to become a star performing brand for Glanbia last year as it generated around $1bn (€937m) in sales and US consumption grew by 31%, Glanbia results showed.