A latest report from Absolute Markets Insights covers insights into the global Plant Protein Supplements market. This comprehensive report offers insights into the market, models and drivers of business growth. Also includes Plant Protein Supplements market share, sales volume and education charts. Research analysts have combined important and additional information, such as commitments from market leaders, into a well-crafted report. This report is an essential insight into strategies and information and is primarily aimed at business leaders. The main objective of this Plant Protein Supplements report is to provide industry knowledge and help our clients achieve natural growth in their respective fields. The Plant Protein Supplements report also shows a new uptrend that includes market conditions and market forecast 2022-2030.
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Some of the major players operating in the global Plant Protein Supplements market include: Danone SA, General Nutrition Centers (GNC) Holdings Inc., Glanbia plc., Health Group Inc., Herbalife Nutrition Inc., Iovate Health Sciences International Inc., Kerry Group Plc, Muscle Pharm Corporation, NOW Foods, Nutiva Inc, Orgain Inc., PepsiCo, Reliance Vitamin Company Inc., The Nature’s Bounty Co., The Simply Good Food Co, True Nutrition, Other Market Participants
In terms of revenue, the global plant protein supplements market was valued at US$ 5,241.58 Mn in 2020 growing at a CAGR of 8.2% over the forecast period (2021 – 2029).
The competitive landscape of the market study contains a broader analysis of the regions including North America, Europe, Asia-Pacific, Middle East and Africa, Latin America, which are expected to capture the essence of the market in its broadest category. The list encompasses significant players who manage the sector based on the system’s overall production capabilities, environmental contributions, appropriate channels, and territorial proximity through a system of primary and secondary research methodologies followed by an in-house analytical model. Furthermore, the generated income and a generalized market share for the market is presented with the help of graphs, charts and tables.
Furthermore, the report also contains important collaborations, mergers and acquisitions, key market trends and business policies are evaluated. The study contains primary and secondary information pertaining to the Plant Protein Supplements Market in terms of its global status, market size, growth forecasts, trends, segments, and a detailed forecast.
Key insights from the report:
- The report provides key statistics on the market status of Plant Protein Supplements Manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
- The report provides a basic overview of the industry, including its definition, applications and manufacturing technology.
- The report features the company profile, product specifications, capacity, production value and market share 2022-2030 for the top vendors.
- The total market is further divided by company, by country and by application/type for the analysis of the competitive landscape.
- The report then estimates the 2022-2030 market development trends of the P2P Loans industry.
- Analysis of upstream raw materials, downstream demand and current market dynamics is also performed.
- The report makes some important proposals for a new project of Plant Protein Supplements Market before evaluating its feasibility.
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Covid-19 cumulative impact:
This study presents insights into COVID-19 on consumer behavior and changes in demand, purchasing patterns, supply chain reorganization, dynamics of market forces, and substantial government involvement. The new research provides insights, analysis, estimates and predictions in light of the effect of COVID-19 on markets. The Plant Protein Supplements Market report provides a solid observation on the prominent players in terms of strategic analysis, micro and macro market trends and opportunities, pricing trends, and a generalized overview of the market. The Plant Protein Supplements Market is a detailed study packed with primary and secondary market factors, market share, leading segments and a proper geographic analysis.
Key questions answered in this report:
- What will the market size and growth rate be in 2030?
- What are the key drivers of the global market?
- What are the key market trends impacting the growth of the global market?
- What are the market growth challenges?
- Who are the key vendors in the global market?
- What are the global market opportunities and challenges for sellers?
- What are the key findings of the global five-point analysis of the Plant Protein Supplements market?
Plant-based protein supplement products are protein supplements that are processed and generated from several types of nutritional plant sources. Soy, pea, chickpea, brown rice, and other plant-based sources are among the most common constituents in plant protein supplements. Plant protein supplements are one of the most effective forms of protein obtained from plants. Plant-based protein supplements are extremely healthy. Powders, like whey protein, can offer the human body protein as well as other essential nutrients including fibre, vitamins, and minerals.
Consumer awareness of the nutritional benefits and preference for plant-based foods is fuelling the growth of the plant protein supplements market
Consumers are increasingly adopting plant-based diets as their understanding of animal cruelty and environmental sustainability grows. Consumer perceptions that plant-based products are safer and healthier than animal-based products are fuelling the rise of the plant protein supplements market. Manufacturers have been driven to develop new sources of plant protein due to the expanding vegan population and preference for vegetarian diets. The rise in vegan population and increased awareness of the benefits of healthy food products are two significant factors driving demand for plant protein supplements products. Furthermore, rising health consciousness, disposable income, and knowledge of chemical-free products are all factors driving market expansion.
Plant-based protein sources are linked to allergies which are hampering the growth of the market
Increased consumption of concentrated versions of pea and other plant-protein isolates than in traditional diets may produce allergy reactions in people who have never had difficulties eating these plant proteins before. Soy is one of the Big Eight allergens, along with cow’s milk, eggs, peanuts, tree nuts, wheat, fish, and shellfish that accounts for 90% of all food allergies, according to studies. When human immune system misinterprets the mild proteins found in soy as hazardous, antibodies are produced to oppose them, resulting in a soy allergy. These factors are likely to hinder the plant protein supplements market demand.
Global Plant Protein Supplements Market Segmentation:
Global Plant Protein Supplements Market By Sources (Pea, Hemp Seeds, Rice, Chickpea, Soy, Wheat, Sacha Inch, Spirulina, Pumpkin Seed, Blue-Green Algae And Others); By Application (Bone & Joint Support, Children’s Health, Cognitive Health, Detox & Liver Support, Diet & Weight Management, Digestive Support, Eye Health, Heart Health, Immune Support, Men’s Health, Nervous System Support, Skin Health, Sleep & Mood Support, Women’s Health, Sports Nutrition, Others); By End Users (Infants, Adolescents, Adult, Elderly); By Form (Chewables, Tablets, Capsules, Powder, Softgels, Others); By Sales Channel (Online, Offline (Supermarkets/Hypermarkets, Specialty Stores, Others); By Region (North America (U.S., Canada, Mexico, Rest Of North America), Europe (France, The UK, Spain, Germany, Italy, Denmark, Finland, Iceland, Sweden, Norway, Belgium, The Netherlands, Luxembourg, Rest Of Europe), Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia, Indonesia, Thailand, Malaysia, Singapore, Rest Of Southeast Asia, Rest Of Asia Pacific, Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest Of Middle East & Africa) Latin America (Brazil, Argentina, Rest Of Latin America)) – Global Insights, Growth, Size, Comparative Analysis, Trends And Forecast, 2021 – 2029
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