Plant Based Protein Supplement Market to Reach Valuation of $7.0 Billion by 2026
Based on nature, the conventional segment held nearly 86% of the total share of the global plant based protein supplement market in 2018, and is expected to maintain its leadership status during the forecast period. This is due to easy availability of the product at affordable prices and rise in number of health-conscious customers. Moreover, the segment is estimated to portray the fastest CAGR of 6.9% from 2019 to 2026.
Get Sample Copy of the Report @ https://www.alliedmarketresearch.com/request-sample/6196
Rise in number of vegan populations, increase in obesity rate, and surge in awareness regarding health and fitness amongst people drive the growth of the global plant based protein supplement market. However, presence of cheaper substitutes, side-effects and negative publicity & claims, and impact analysis hinder the market growth to some extent. On the other hand, increase in number of millennial populations and surge in social media marketing create new opportunities in the industry.
Based on product type, the soy segment contributed to the highest market share in the global plant based protein supplement market in 2018, holding nearly two-thirds of the total share, and is expected to maintain its dominant position in terms of revenue by 2026. This is due to the use of soy to make infant soy formula and less fat and low proportion of cholesterol in soy. However, the pumpkin seed segment is estimated to witness the highest CAGR of 11.4% from 2019 to 2026. Pumpkin seeds are a good source of healthful oils, magnesium and other nutrients that enhance the health of heart, bones and other body organs.
Based on region, Europe contributed to the highest share, accounting for nearly one-third of the global plant based protein supplement market in 2018, and is estimated to continue its lion's share during the forecast period. The rise in number of health-conscious consumers in this region paves way for growth opportunity for the plant based protein supplement market. On the other hand, North America is expected to maintain the second highest market share during the forecast period. However, Asia-Pacific is expected to portray the largest CAGR of 7.8% from 2019 to 2026. This is due to surge in number of millennial populations coupled with rising awareness about the health benefits associated with consumption of protein supplements.
Get a purchase enquiry@: https://www.alliedmarketresearch.com/purchase-enquiry/6196
Key Findings of the Plant Based Protein Supplement Market:.
• In 2018, based on nature, the conventional Plant Based Protein Supplements segment accounted for around higher Plant Based Protein Supplement market share, growing at a CAGR of 6.9% from 2019 to 2026.
• In 2018, based on product type, the soy segment accounted for higher share of the Plant Based Protein Supplement market.
• In 2018, based on region, North America accounted for a prominent market share.
Major Players: Archon Vitamin LLC., Sequel Natural Ltd., Glanbia plc, MusclePharm Corporation, True Nutrition, General Nutrition Centers, Inc., Nutiva Inc., NOW Health Group, Inc., Vital Amine, Inc., Hormel Foods Corporation, , and others
For more Market Insights, Visit: https://www.alliedmarketresearch.com/plant-based-protein-supplement-market
5933 NE Win Sivers Drive
#205, Portland, OR 97220
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Market Pulse: https://blog.alliedmarketresearch.com/
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Plant Based Protein Supplement Market to Reach Valuation of $7.0 Billion by 2026 here
News-ID: 1901556 • Views: 238
More Releases from Allied Market Research
Airborne Fire Control Radar Market Global Business Outlook and Professional Surv …
A new report published by Allied Market Research, titled, “World Airborne Fire Control Radar Market by Frequency Band and Geography: Global Opportunity Analysis and Industry Forecast, 2014-2022,” forecasts that the world airborne fire control radar market is expected to reach $3,455 million by 2022, growing at a CAGR of 3.9% from 2016 to 2022. X-band segment is expected to witness highest growth rate, while region-wise North America is projected to
Aerospace Robotics Market Projected To Hit $5,687 Billion By 2022 | Analysis, Sa …
The aerospace robotics market in the LAMEA region is estimated to grow at a significant rate during the forecast period, owing to the heavy inflow of investment by the government to develop the aviation industry. Moreover, it is expected to witness significant growth in emerging countries such as Africa, Brazil, Iran, and Saudi Arabia. Download Sample Report: https://www.alliedmarketresearch.com/request-sample/2152 Aerospace Robotics Market Report, published by Allied Market Research, projects that the global
High Availability Server Market 2020 | Best Growth Opportunities to Generate Hug …
The Objective of the High Availability Server Market report is to depict the trends and upcoming for High Availability Server Industry over the forecast years. In High Availability Server Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2020 to 2027 mulling over 2019 as the base year of the market study. Attentiveness for the market has increased
U.S. Digital Therapeutics Market Expected to Reach $5.08 Billion by 2027
The U.S. digital therapeutics market is expected to grow at a faster rate during the forecast period, owing to increase in smartphone penetration in the U.S. Moreover, rise in need to curb healthcare costs and increase in prevalence of chronic diseases are anticipated to supplement the market growth. In addition, introduction of more sophisticated devices, which are compatible with smartphones and associated programs augments growth of the market. According to a
More Releases for Based
AI Based Document Analyzer
Can Artificial Intelligence detect important paragraphs? Patodia Infotech Private Limited has developed an AI based solution that can highlight important paragraph according to its important. Let us take a scenario. You are a busy legal advisor (or a top executive in a big organization) and have received a 200-page document. You need to give your legal opinion or analysis for this document. You must read every word of the document
Increasing demand for biologics for various chronic diseases and rising investment in R&D for the production of biologics is expected to contribute significantly to the growth of plant-based biologics market. According to Biotechnology Innovation Organization (BIO) 2015, over 250 biologic therapies and vaccines have changed the lives of hundreds of millions of patients. Moreover, according to the same source, over 900 biologics are currently (2018) under the stage of development
Hospital-based EMR Market
Electronic medical record (EMR) is a digital version of a paper chart, which contains a patient's medical history. This system is designed to share information with other healthcare providers such as laboratories and specialists. It helps to reduce operational cost such as transcription services and overtime labor expenses. Get Sample PDF of Report@ https://www.alliedmarketresearch.com/request-toc-and-sample/3219 Increase in demand for advanced health monitoring systems drives the growth of the market. In addition, rise in
Plant Based Beverages Market
https://www.qandqmarketresearch.com/reports/7360187/plantbased-beverages-market-87 Plantbased products include plantbased beverages that are further classified into plantbased dairy alternatives, juices, and readytodrink beverages. The plantbased beverages segment is expected to witness a growing CAGR of 6.5% by 2025, owing to the changing eating habits of consumers. Consumers are more conscious about health and wellness than before, and want to consume products that are healthy and natural without compromising on the taste and flavor of the product. Increasing
Plant-based Snacks Market
https://www.qandqmarketresearch.com/reports/7287268/plantbased-snacks-market-24 Plantbased products are those products that are made entirely from plantbased ingredients, and limit or restrict any use of animalbased products. Plantbased products include plantbased snacks, which are further classified into meat alternative snacks, cereal/grainbased snacks, plantbased salted snacks, plantbased snack bars, and fruit and nut snacks. Based on regional segmentation for the plantbased snacks market, North America, Western Europe, and Asia Pacific are estimated to dominate the global plantbased
Account Based Marketing
Today, most of the marketing organizations are moving towards the Account Based Marketing ( ABM ) . The ABM approach has been there for years but the recent technologies available have made this approach scalable and hence more effective and popular. The traditional marketing approach has been around attracting your prospects from a larger pool. The account based marketing is about targeting accounts based on your best business connection. It is