Press release
Protein Crisps Market Expected to Hit USD 3.66 Billion by 2034, at a CAGR of 8.4%
Protein Crisps Market
Market Introduction:
Protein crisps are savory, crispy snacks full of protein. These high protein snacks provide an opportune way to increase protein consumption without compromising on texture, flavor, or gratification. These snacks are perfect for employed instants, pre or post workouts, or as a delicacy when craving strikes. Made from an assortment of protein sources such as whey protein crisps, soy, lentil, chickpea, and vegetables, protein crisps are frequently a superior option for those with dietary restrictions.
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Major Market Drivers:
Growing Packaged Food Industry: The packaged food industry is growing as more consumers favour convenience and ready-to-eat alternatives. As per the India Brand Equity Foundation, in India alone, the food processing industry is anticipated to hit 1274 billion by 2027. Protein crisps blend instantly into this shift, providing a wholesome option to conventional snacks. Their mobility, durability, and capacity to serve health-aware persons render them an alluring alternative for hectic schedules, thus catapulting the protein crisps market on a growth trajectory.
Rising Demand from Fitness Enthusiasts: Fitness enthusiasts, athletes, and individuals concentrated on holistic wellness are always looking for ways to enhance their health. Protein plays an important part in muscle recuperation, energy, and holistic bodily operations, which is why they are an important part of several fitness procedures.
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Key Market Players:
The market is flourishing owing to growing demand for protein-focused snacks, an rising health-aware population, and progression in plant-based protein sources. Some of the companies that are currently dominating the market are:
• 1st Phorm International
• Beyond Meat
• General Mills Inc.
• Grenade
• MYPROTEIN
• Nestle
• Post Holdings, Inc.
• Power Crunch
• Premier Nutrition Company, LLC
• ProtiDiet
• Quest Nutrition & WorldPantry.com LLC
• WK Kellogg Co
Recent Developments in the Protein Crisps Market
March 2023 - Pure Protein, a brand under 1440 Foods, introduced its Popped Crisps in Hickory Barbecue and Sour Cream & Onion flavors. Each serving offers 12 grams of plant-based protein, providing a healthier snacking alternative. These gluten-free, never-fried crisps were launched in time for National Potato Chip Day on March 14, 2023 .
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Geographical Landscape:
On the basis of geography, global protein crisps market report covers data points across multiple geographies namely North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
North America dominated the market in 2024 owing to rising demand for wholesome snacks amongst consumers.
Asia Pacific is expected to record a significant share during the forecast period, due to changing consumer inclination towards healthier and functional snacks
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Segmental Outlook:
By Product Outlook (Revenue USD Million, 2020-2034)
• Pea Protein Crisps
• Soy Protein Crisps
• Milk Protein Crisps
• Whey Protein Crisps
• Others
By Application Outlook (Revenue USD Million, 2020-2034)
• Sports Nutrition
• Weight Management
• Others
By Distribution Channel Outlook (Revenue USD Million, 2020-2034)
• Hypermarkets & Supermarkets
• Convenience Stores
• Online
• Others
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