Across 30 trials in 2,105 adults over sixty, handgrip, gait speed, walking distance and lean mass all sat across zero. Lower-body strength improved where people lifted.
Baseline protein intake was not consistently controlled across the trials, so some of these people may already have been eating enough for a supplement to add nothing. The handgrip analysis was highly inconsistent between studies. Appendicular muscle mass did improve, but on two trials that disagreed sharply with each other. Older adults only, so this says nothing about young trained people.