Syndicated Research Studies

The plant-based protein supplements market is flexing its biceps, expected to reach a staggering $4.62 billion by 2030. This surge is fueled by a global shift towards veganism and a perception of plant-based supplements as the safer, greener choice. Consumers are ditching meat for a multitude of reasons. Environmental concerns, health benefits (plant-based proteins often boast higher amino acid content and lower sodium), and ethical considerations surrounding animal cruelty are all driving this trend. Food allergies and safety concerns are also playing a role, with plant-based options offering an alternative for those with dietary restrictions. Soy protein currently reigns supreme as the base ingredient due to its affordability and complete amino acid profile. However, pea protein is poised for a breakout, driven by its allergy-friendly appeal and abundance of essential amino acids. On the consumption side, ready-to-drink (RTD) plant-based protein is experiencing explosive growth, c...

Plant Based Protein Supplements Industry Overview The global plant based protein supplements market size was valued at USD 5.35 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 8.6% from 2020 to 2028.  The growth of the market can be attributed to the increasing awareness among consumers regarding the nutritional values of plant-based products such as low sodium and high amino acids. Customer preferences for plant-based protein supplements have been influenced due to factors such as minimizing the meat consumption following food safety, food allergies, moral reasons, and adoption of vegan culture to end animal cruelty. Additionally, the growing desire for environmentally friendly proteins is bolstering the market growth. Mounting health diseases owing to hectic schedules and the nature of work, coupled with growing consumer awareness about the relationship between maintaining a healthy diet and exercising, are projected to result in increased ...