Press release
Plant-Based Protein Supplements Market Projected to Reach USD 8.95 Billion by 2030, Driven by Rising Health Consciousness and Veganism
Plant-Based Protein Supplements Market
The global plant-based protein supplements market, valued at USD 6.11 billion in 2023, is anticipated to reach USD 8.95 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 5.6% during the forecast period. This growth is primarily attributed to increasing health consciousness, the rising adoption of vegan lifestyles, and the demand for sustainable and nutritious dietary options.
Get your sample copy of this report now: https://www.maximizemarketresearch.com/request-sample/28362/
Competitive Landscape
The market is characterized by the presence of key players such as Archer Daniels Midland, Cargill, Incorporated, DuPont Nutrition & Health, Kerry Group, and Roquette Frères, among others. These companies are actively engaging in product innovation, strategic collaborations, and mergers and acquisitions to strengthen their market positions.
Regional Insights
United States: Growth and Consolidation
In the United States, the plant-based protein supplements market is experiencing significant growth, driven by heightened consumer awareness regarding the environmental impact of animal-based proteins and the health benefits associated with plant-based diets. The trend towards veganism and flexitarian diets is contributing to increased demand for plant-based protein supplements.
For detail insights on this market, request for methodology here @: https://www.maximizemarketresearch.com/request-sample/28362/
Asia Pacific: Opportunities and Trends
The Asia Pacific region is expected to witness growth rates higher than the global average during the forecast period. Consumers in developing markets such as China, India, and Indonesia are gradually showing interest in dietary supplements in vegan proteins as the sports nutrition sector becomes mainstream. The increasing aging population and growing interest in dietary supplements to improve overall health are projected to propel plant-based protein supplements' sales growth in the region.
Europe: Trends and Updation
Europe contributes significantly to the global revenue in the plant-based protein supplements market, attributed to heightened consumer awareness regarding the ecological impact of animal-based proteins and the health benefits of plant-based proteins. The strong vegan trend and growing demand for healthy and nutritional products are expected to further fuel the demand for natural protein supplements in the region.
Middle East and Africa: Emerging Opportunities
The Middle East and Africa region is at a nascent stage in the plant-based protein supplements market. However, rising awareness regarding vegan and flexitarian diets has contributed to recognizing plant proteins among consumers. The growing interest in consuming protein supplements to maintain health is expected to propel market growth in the region in the forthcoming years.
To Learn More About This Study, Please Click Here: https://www.maximizemarketresearch.com/request-sample/28362/
Plant-Based Protein Supplements Market Segmentation
by Product
Protein Powder
Protein Bars
Ready-to-Drink (RTD)
Others
by Raw Material
Soy
Spirulina
Pumpkin Seed
Hemp
Rice
Pea
Others
by Distribution Channel
Supermarket
Online Stores
DTC
Others
by Form
Protein Isolate
Protein Concentrate
Textured Protein
by Application
Sports Nutrition
Additional Nutrition
Others
Want a comprehensive market analysis? Check out the summary of the research report: https://www.maximizemarketresearch.com/market-report/global-plant-based-protein-supplements-market/28362/
Plant-Based Protein Supplements Market, Key Players
1. Archer Daniels Midland
2. Cargill, Incorporated
3. DuPont | Nutrition & Health
4. Kerry Group
5. The Scoular Company
6. Omega Protein Corporation
7. Roquette Frères
8. Axiom Foods, Inc.
9. Glanbia plc
10.Growing Naturals, LLC.
11.Manitoba Harvest Hemp Foods
12.Amway Corporation
13.AMCO Proteins
14.QuestNutrition
15.MusclePharm Corporation
16.NOW Foods
17.CytoSport, Inc
Recent Developments
In February 2024, Roquette Frères expanded its NUTRALYS® plant protein portfolio by launching four pea protein ingredients: NUTRALYS® Pea F853M (isolate), NUTRALYS® H85 (hydrolysate), NUTRALYS® T Pea 700FL (textured), and NUTRALYS® T Pea 700M (textured). This expansion aims to strengthen the company's position in the global market.
Get Market Research Latest Trends :
Panela Market https://www.maximizemarketresearch.com/market-report/panela-market/203447/
Kvass Market https://www.maximizemarketresearch.com/market-report/global-kvass-market/147641/
Global Probiotic Water Market https://www.maximizemarketresearch.com/market-report/global-probiotic-water-market/108518/
Biscuits Market https://www.maximizemarketresearch.com/market-report/global-biscuits-market/26465/
Global Poppy Seed Market https://www.maximizemarketresearch.com/market-report/poppy-seed-market/148008/
Organic Cashew Nuts Market https://www.maximizemarketresearch.com/market-report/global-organic-cashew-nuts-market/99815/
Global Tortilla Market https://www.maximizemarketresearch.com/market-report/tortilla-market/127189/
Moringa Supplement Market https://www.maximizemarketresearch.com/market-report/moringa-supplement-market/126506/
Global Craft Spirits Market https://www.maximizemarketresearch.com/market-report/global-craft-spirits-market/27499/
Cashew Nutshell Liquid Market https://www.maximizemarketresearch.com/market-report/cashew-nutshell-liquid-market/147699/
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
This release was published on openPR.
Permanent link to this press release:
Copy
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 Supplements Market Projected to Reach USD 8.95 Billion by 2030, Driven by Rising Health Consciousness and Veganism here
News-ID: 3915344 • Views: …
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.
Electric Enclosure Market to Reach USD 115.16 Billion by 2032, Growing at 8.57% …
Electric enclosures are protective cabinets designed to house electrical and electronic components such as switches, circuit boards, and displays. Their primary purpose is to safeguard users from electric shocks while protecting sensitive equipment from environmental hazards. Typically installed within walls, electric enclosures offer both functional and aesthetic benefits by concealing wires and maintaining a clean, organized look.
These enclosures find widespread applications across multiple sectors including power transmission and distribution, energy…
India Automotive Aftermarket: Rising Focus on Vehicle Maintenance, Upgrades, and …
India Automotive Aftermarket - Market Overview
The India Automotive Aftermarket represents a critical pillar of the country's mobility ecosystem, encompassing replacement parts, accessories, diagnostics, maintenance, and repair services for vehicles already in operation. Valued at USD 10.3 billion in 2023, the market is benefiting from India's expanding vehicle parc of over 340 million vehicles, increasing vehicle age, and rising consumer awareness around preventive maintenance. The aftermarket plays a vital role in…
Parcel Delivery Market: Growing Demand for Fast, Reliable, and Technology-Driven …
Parcel Delivery Market Insights
Market Overview
The Global Parcel Delivery Market is experiencing steady growth driven by increasing e-commerce adoption, internet penetration, and cross-border trade. Parcel delivery involves transporting goods via road, rail, air, or sea, with services ranging from express delivery to standard courier options. The sector benefits from technological advancements, such as GPS tracking, RFID, autonomous delivery vehicles (ADVs), and electric vehicles (EVs) for last-mile delivery, improving efficiency and customer…
Tire Retreading Market: Rising Focus on Cost-Effective, Sustainable, and High-Pe …
Global Tire Retreading Market - Overview
The Global Tire Retreading Market is an integral part of the circular economy, offering a sustainable alternative to new tires by reducing raw material consumption and energy usage during production. Retreaded tires are widely used in commercial and transport vehicles, providing cost-effective, environmentally friendly solutions without compromising performance or durability. The adoption of retreading technologies is transforming supply chains in the transportation sector, enabling companies…
More Releases for Protein
Cell-Free Protein Synthesis Market Forecast: Opportunities in High-Throughput Pr …
"Cell-Free Protein Synthesis Market" in terms of revenue was estimated to be worth USD 299.9 million in 2024 and is poised to reach USD 585.3 Million by the year 2034, growing at a CAGR of 7.0% from 2025 to 2034 according to a new report by InsightAce Analytic.
Get Free Access to Demo Report, Excel Pivot and ToC: https://www.insightaceanalytic.com/request-sample/1445
Latest Drivers Restraint and Opportunities Market Snapshot:
Key factors influencing the global cell-free…
Plant Protein Market : Latest Market Research Report for Strategic Advantage | S …
Global Plant Protein Market
Market Overview:
Global Plant Protein Market Report 2022 comes with the extensive industry analysis by Introspective Market Research with development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2022-2028.This research study of Plant Protein involved the extensive usage of both primary and secondary data sources. This includes the study of various parameters…
Pea Protein Ingredients Market Prospects, Consumption, Cost Structure, Competiti …
The food industry is continuously searching for healthier and cheaper protein ingredients that can be replaced by animal-based and gluten-based proteins. Pea protein is beneficial due to its low allergenicity, availability, and high nutritional value. The Global Pea Protein Ingredients Market is witnessing a major rise in its revenue from US$ 2.35 Bn in 2021 to US$ 6.78 Bn by 2030. The market is recording a CAGR of 12.5% during…
Astonishing growth in Dairy Protein Market Growth? Milk Protein Isolates (MPIs), …
Dairy Protein Market Business Insights and Updates:
The latest Market report by a Data Bridge Market Research with the title [Global Dairy Protein Market - Industry Trends and Forecast to 2026] . Dairy Protein Market research analysis and data lend a hand to businesses for the planning of strategies related to COVID-19 impact on industry, investment, revenue generation, production, product launches, costing, inventory, purchasing and marketing. Dairy Protein market insights with…
Global Plant Protein Market 2019 – Soy Protein, Wheat Protein, Pea Protein | K …
The Global Pea Protein Market Research Report conducts a deep estimation on the present state of Pea Protein Industry with the definition, classification and market scope. The fundamental Pea Protein Industry aspects like competitive landscape structure, eminent industry players, Pea Protein Market size and value is studied. The Pea Protein Market growth trends, development plans, dynamic market driving factors and risk assessment is conducted. All the traders, dealers, distributors of…
Protein Packaging Market Report 2018: Segmentation by Product (Rigid packaging, …
Global Protein Packaging market research report provides company profile for Amcor Limited, DuPont, Flexifoil Packaging Pvt., Swiss Pac Private Ltd. and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed…
