Plant protein supplements are becoming increasingly popular as a source of protein for athletes, fitness enthusiasts, and individuals following vegan and vegetarian diets. Plant protein supplements are made from a variety of plant sources, such as soy, pea, rice, and hemp, and offer a convenient and high-quality source of protein. The plant protein supplements market has been growing rapidly in recent years, driven by the increasing demand for vegan and vegetarian diets, and the growing awareness of the health benefits of plant-based diets.
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One of the key drivers of the plant protein supplements market is the increasing demand for vegan and vegetarian diets. The global vegan population is expected to reach 9.7% by 2030. Plant protein supplements offer a convenient and high-quality source of protein for individuals following vegan and vegetarian diets, who may struggle to meet their protein requirements through whole food sources alone.
Another major driver of the plant protein supplements market is the growing awareness of the health benefits of plant-based diets. Plant-based diets have been linked to a reduced risk of chronic diseases, such as heart disease, diabetes, and certain types of cancer. Plant protein supplements offer a convenient way for individuals to incorporate more plant-based protein into their diets, and improve their overall health and wellbeing.
Despite the numerous benefits of plant protein supplements, there are several challenges that are hindering the market growth. One of the key challenges is the taste and texture of plant-based proteins. Some individuals may find the taste and texture of plant-based proteins less palatable compared to animal-based proteins, which can impact the adoption and acceptance of plant protein supplements. Another major challenge is the potential for contamination and allergens. Plant-based proteins can be at risk of contamination with heavy metals, pesticides, and other environmental toxins. Additionally, some individuals may have allergies or sensitivities to certain plant-based proteins, such as soy or pea protein.
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List of Major Players in Plant Protein Supplements Market Report are:
- Health Group, Inc.
- Herbalife Nutrition, Inc.
- Kerry Group Plc
- Nutiva Inc
- Orgain Inc.
- Reliance Vitamin Company, Inc.
- The Nature’s Bounty Co.
- The Simply Good Food Co
- True Nutrition
- Other Market Participants
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Our 420+ Pages Report titled, Plant Protein Supplements Market will include extensive information on the following pointers:
- Global market size and forecast values (2015 – 2030), in terms of revenue (US$ Million) and volume (Kilotons) by segments/sub-segments
- Split of the market revenue (US$ Million) and Volume (Kilotons) into all the relevant segments & sub-segments across all major regions/countries.
- Years Considered (2015 – 2030)
- (Historic Years: 2015 – 2020
- Base Year: 2021
- Forecast Years: 2022 – 2030)
- Market determinants and Influencing Factors
- Market Dynamics (Drivers, Restraints, Opportunities and Trends)
- Analysis on Impact of Covid-19 on Global Plant Protein Supplements Market
- Macro-Economic and Micro-Economic Indicators
- Porter’s Five Forces Analysis
- Regulatory Landscape
- PESTEL Analysis
- Competitive Benchmarking: Global Presence and Growth Strategies
- (Mergers and Acquisitions
- Product Launches
- Investments Trends
- R&D Initiatives)
- Market Share Analysis, 2021
- Detailed profiles of major market participants operating in the market, encompassing information pertaining to Company Details, Company Overview, Product Offerings, Key Developments, Financial Analysis, SWOT Analysis and Business Strategies
- Region specific report, including North America, Europe, Asia Pacific, Middle East & Africa and Latin America, can also be provided.
- The reports can be provided in different languages including German, Korean, Arabic, Russian, French, Japanese, Spanish, Chinese and other languages.
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Global Plant Protein Supplements Market Segmentation:
- Hemp Seeds
- Sacha Inch
- Pumpkin Seed
- Blue-Green Algae
By Sales Channel
- Specialty Stores
- 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
By End User
- North America
- Asia Pacific
- Middle East & Africa
- Latin America
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