Vegan Protein Powder Market - Global Industry Analysis

Vegan Protein Powder Market by Type (Nuts, Vegetable, and Others), by Application (Youth, Adult Female, Adult Male, and others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028

Published Date: 14-Jun-2021 Category: Food & Beverage Report Format : PDF Pages: 132 Report Code: ZMR-5514 Status : Published

The global vegan protein powder market accounted for USD 6032.7 Million in 2020 and is expected to reach USD 19,672.2 Million by 2028, growing at a CAGR of 16.5% from 2021 to 2028.

Description

Market Overview

The global vegan protein powder market accounted for USD 6032.7 Million in 2020 and is expected to reach USD 19,672.2 Million by 2028, growing at a CAGR of 16.5% from 2021 to 2028.

Protein powder is a widely used dietary supplement. Protein is required for muscle growth, tissue repair, and the production of enzymes and hormones. Protein powder can help people lose weight while also strengthening their muscles. Protein powder is a simple, no-prep way to increase your daily protein intake. Vegan protein powder is derived from plant sources such as nuts, seeds, grains, and legumes rather than animal products such as dairy, meat, and eggs. Vegan protein powders include soy, hemp, pea, rice, and peanuts.

COVID-19 Impact Analysis

Due to the unpredictability of the coronavirus pandemic that has swept the globe, the global market for Vegan Protein Powder has been severely impacted. COVID-19 has an impact on both the finished product supply chain and the raw material ingredients. Because of the concentration of several key players operating in these areas, North America, followed by Europe and Asia Pacific, plays a critical role in the Vegan Protein Powder market. As a result, the market for Vegan Protein Powder is expected to face some challenges in terms of supply, as many key players in these regions supply end-users all over the world. Consumers are increasingly focused on maintaining their weight and following various diets to stay healthy, so regional consumption is likely to rise in the respective market. Overall, demand for Vegan Protein Powder should increase as a result of this.

Growth Factors

Growing awareness of the importance of healthy eating is one of the main drivers of the global vegan protein powder market. People are also making changes to incorporate healthy lifestyle habits, which has resulted in an increase in vegan protein product consumption. Vegan protein powder is becoming more popular as people become more aware of the health benefits and the fact that it is more digestible. In the long run, demand will be driven by the demand for clean foods and the transition from synthetic to organic and natural ingredients. Due to an increase in the number of consumers suffering from allergies such as lactose intolerance and increased production of new plant protein sources such as rice and almonds, the market is expected to see increased profitability opportunities.

Food allergies affect one out of every thirteen children, according to research. This issue has an impact on people's balanced diets, particularly in terms of protein. Furthermore, allergies to animal products are difficult to overcome, presenting opportunities for vegan protein powder manufacturers. The industry's growth is being fueled by versatile products for muscle repair, satiety, weight loss, and energy support, which are popular among athletes and fitness enthusiasts. The vegan plant protein powder market, on the other hand, has hit some roadblocks in recent years.

Report Scope :

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Type Segment Analysis Preview

With a market share of 39.92 %, the vegetable segment dominated the global vegan protein powder market. Most vegetables are high in fiber, which aids digestion and absorption, improves motility, and reduces symptoms of gas and bloating, all of which contribute to this increase. Nuts and others form the type segment.

Application Segment Analysis Preview

Over the forecast period, the adult male segment is expected to grow at the fastest rate of 16.15%. Adult males' preference for buying protein powders for various purposes, such as weight management, improving muscle mass, and increasing energy, can be attributed to this increased growth rate. Youth, Adult Females and others form the application segment.

Regional Analysis Preview

The North America region dominated the global vegan protein powder market in 2020, thanks to increased awareness about vegan diets and a changing trend towards vegetarianism as a result of new product promotions on social media and television channels in the region. Demand for sports nutrition supplements is expected to rise steadily in the United States over the next few years, thanks to rising consumption. Furthermore, the rising concern in the United States about obesity and weight management, as well as consumer demands to better manage their hectic lifestyles, has created a favorable environment for the sale of vegan protein powder. Additionally, investments in sports nutrition research, as well as demand from athletes and the health and wellness sector, boost overall demand. Vegan protein powder's potential applications are expected to grow in the long run as consumers shift away from mass-produced processed foods and toward health products and functional foods.

In the Asia Pacific region had the highest CAGR growth of 18.4% during the forecast period. This is due to rising disposable income and urbanization are expected to play a key role in promoting vegan protein powder consumption, particularly among the vegan population, which will fuel regional market growth in the coming years. Growing inclination toward vegan diets, functional efficiency, cost competitiveness offered by such plant protein products, and their increasing utilization in a wide variety of processed foods, especially in the ready-to-eat products category, are driving the Asia-Pacific plant protein market. Because of the rising prevalence of health disorders such as obesity in China, which is attributed to changing consumption patterns, it is one of the region's most important markets.

Key Market Players & Competitive Landscape

Some of key players in vegan protein powder market include Health Warrior, Garden of Life, WhiteWave Foods, Private Label Superfoods, Australian Sports Nutrition, Glanbia plc, Hammer Nutrition and MRM among others.

The key players are now focusing on strategies such as product innovations, mergers and acquisitions, recent developments, joint ventures, collaborations, and partnerships to improve their market position in the global vegan protein powder market. For example, Glanbia Nutritionals, a wholly-owned subsidiary of Glanbia P.L.C., agreed to purchase Watson Inc., a manufacturer and supplier of custom nutrient premix, bakery ingredient, edible film, and material conditioning solutions for the nutrition, food and beverage, personal care, and supplement industries, in February 2019. Watson is a third-generation family business with three facilities in West Haven and Orange, Conn., and Taylorville, Ill. The company specializes in microencapsulation, agglomeration, micronizing, spray drying and film technology.

The global vegan protein powder market is segmented as follows:

By Type

  • Nuts
  • Vegetable
  • Others

By Application

  • Youth
  • Adult Female
  • Adult Male
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

  • Chapter No. 1: Introduction
    • 1.1. Report Description
      • 1.1.1. Purpose of the Report
      • 1.1.2. USP & Key Offerings
    • 1.2. Key Benefits for Stakehulders
    • 1.3. Target Audience
    • 1.4. Report Scope
  • Chapter No. 2: Executive Summary
    • 2.1. Key Findings
      • 2.1.1. Top Investment Pockets
        • 2.1.1.1. Market Attractiveness Analysis, By Type
        • 2.1.1.2. Market Attractiveness Analysis, By Application
        • 2.1.1.3. Market Attractiveness Analysis, By Region
    • 2.2. Market Snapshot
    • 2.3. Global Vegan Protein Powder Market, 2020 – 2028 (USD Million)
    • 2.4. Insights from Primary Respondents
  • Chapter No. 3: COVID 19 Impact Analysis
    • 3.1. Impact Assessment of COVID-19 Pandemic, By Region
      • 3.1.1. North America
      • 3.1.2. Europe
      • 3.1.3. Asia Pacific
      • 3.1.4. Latin America
      • 3.1.5. The Middle-East and Africa
    • 3.2. Quarterly Market Revenue and Forecast by Region 2020 & 2021
    • 3.3. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
    • 3.4. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
    • 3.5. Key Strategies Undertaken by Companies to Tackle COVID-19
      • 3.5.1. Company Quarterly Revenue Analysis, 2019 & 2020
    • 3.6. Short Term Dynamics
    • 3.7. Long Term Dynamics
  • Chapter No. 4: Vegan Protein Powder Market – Type Segment Analysis
    • 4.1. Overview
      • 4.1.1. Market Revenue Share, By Type, 2020 & 2028
    • 4.2. Nuts
      • 4.2.1. Market Size and Forecast, By Region (USD Million)
      • 4.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.3. Vegetable
      • 4.3.1. Market Size and Forecast, By Region (USD Million)
      • 4.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 4.4. Others
      • 4.4.1. Market Size and Forecast, By Region (USD Million)
      • 4.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 4.4.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 5: Vegan Protein Powder Market – Application Segment Analysis
    • 5.1. Overview
      • 5.1.1. Market Revenue Share, By Application, 2020 & 2028
    • 5.2. Youth
      • 5.2.1. Market Size and Forecast, By Region (USD Million)
      • 5.2.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.2.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.3. Adult Female
      • 5.3.1. Market Size and Forecast, By Region (USD Million)
      • 5.3.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.3.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.4. Adult Male
      • 5.4.1. Market Size and Forecast, By Region (USD Million)
      • 5.4.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.4.3. Key Market Trends, Growth Factors, & Opportunities
    • 5.5. others
      • 5.5.1. Market Size and Forecast, By Region (USD Million)
      • 5.5.2. Comparative Revenue Analysis, By Country, 2020 & 2028
      • 5.5.3. Key Market Trends, Growth Factors, & Opportunities
  • Chapter No. 6: Vegan Protein Powder Market – Regional Analysis
    • 6.1. Overview
      • 6.1.1. Global Market Revenue Share, By Region, 2020 & 2028
      • 6.1.2. Global Market Revenue, By Region, 2020 – 2028 (USD Million)
    • 6.2. North America
      • 6.2.1. North America Market Revenue, By Country, 2020 – 2028 (USD Million)
      • 6.2.2. North America Market Revenue, By Type, 2020 – 2028
      • 6.2.3. North America Market Revenue, By Application, 2020 – 2028
      • 6.2.4. U.S.
        • 6.2.4.1. U.S. Market Revenue, By Type, 2020 – 2028
        • 6.2.4.2. U.S. Market Revenue, By Application, 2020 – 2028
      • 6.2.5. Canada
        • 6.2.5.1. Canada Market Revenue, By Type, 2020 – 2028
        • 6.2.5.2. Canada Market Revenue, By Application, 2020 – 2028
      • 6.2.6. Mexico
        • 6.2.6.1. Mexico Market Revenue, By Type, 2020 – 2028
        • 6.2.6.2. Mexico Market Revenue, By Application, 2020 – 2028
    • 6.3. Europe
      • 6.3.1. Europe Market Revenue, By Country, 2020 – 2028 (USD Million)
      • 6.3.2. Europe Market Revenue, By Type, 2020 – 2028
      • 6.3.3. Europe Market Revenue, By Application, 2020 – 2028
      • 6.3.4. Germany
        • 6.3.4.1. Germany Market Revenue, By Type, 2020 – 2028
        • 6.3.4.2. Germany Market Revenue, By Application, 2020 – 2028
      • 6.3.5. France
        • 6.3.5.1. France Market Revenue, By Type, 2020 – 2028
        • 6.3.5.2. France Market Revenue, By Application, 2020 – 2028
      • 6.3.6. U.K.
        • 6.3.6.1. U.K. Market Revenue, By Type, 2020 – 2028
        • 6.3.6.2. U.K. Market Revenue, By Application, 2020 – 2028
      • 6.3.7. Italy
        • 6.3.7.1. Italy Market Revenue, By Type, 2020 – 2028
        • 6.3.7.2. Italy Market Revenue, By Application, 2020 – 2028
      • 6.3.8. Spain
        • 6.3.8.1. Spain Market Revenue, By Type, 2020 – 2028
        • 6.3.8.2. Spain Market Revenue, By Application, 2020 – 2028
      • 6.3.9. Rest of Europe
        • 6.3.9.1. Rest of Europe Market Revenue, By Type, 2020 – 2028
        • 6.3.9.2. Rest of Europe Market Revenue, By Application, 2020 – 2028
    • 6.4. Asia Pacific
      • 6.4.1. Asia Pacific Market Revenue, By Country, 2020 – 2028 (USD Million)
      • 6.4.2. Asia Pacific Market Revenue, By Type, 2020 – 2028
      • 6.4.3. Asia Pacific Market Revenue, By Application, 2020 – 2028
      • 6.4.4. China
        • 6.4.4.1. China Market Revenue, By Type, 2020 – 2028
        • 6.4.4.2. China Market Revenue, By Application, 2020 – 2028
      • 6.4.5. Japan
        • 6.4.5.1. Japan Market Revenue, By Type, 2020 – 2028
        • 6.4.5.2. Japan Market Revenue, By Application, 2020 – 2028
      • 6.4.6. India
        • 6.4.6.1. India Market Revenue, By Type, 2020 – 2028
        • 6.4.6.2. India Market Revenue, By Application, 2020 – 2028
      • 6.4.7. South Korea
        • 6.4.7.1. South Korea Market Revenue, By Type, 2020 – 2028
        • 6.4.7.2. South Korea Market Revenue, By Application, 2020 – 2028
      • 6.4.8. South-East Asia
        • 6.4.8.1. South-East Asia Market Revenue, By Type, 2020 – 2028
        • 6.4.8.2. South-East Asia Market Revenue, By Application, 2020 – 2028
      • 6.4.9. Rest of Asia Pacific
        • 6.4.9.1. Rest of Asia Pacific Market Revenue, By Type, 2020 – 2028
        • 6.4.9.2. Rest of Asia Pacific Market Revenue, By Application, 2020 – 2028
    • 6.5. Latin America
      • 6.5.1. Latin America Market Revenue, By Country, 2020 – 2028 (USD Million)
      • 6.5.2. Latin America Market Revenue, By Type, 2020 – 2028
      • 6.5.3. Latin America Market Revenue, By Application, 2020 – 2028
      • 6.5.4. Brazil
        • 6.5.4.1. Brazil Market Revenue, By Type, 2020 – 2028
        • 6.5.4.2. Brazil Market Revenue, By Application, 2020 – 2028
      • 6.5.5. Argentina
        • 6.5.5.1. Argentina Market Revenue, By Type, 2020 – 2028
        • 6.5.5.2. Argentina Market Revenue, By Application, 2020 – 2028
      • 6.5.6. Rest of Latin America
        • 6.5.6.1. Rest of Latin America Market Revenue, By Type, 2020 – 2028
        • 6.5.6.2. Rest of Latin America Market Revenue, By Application, 2020 – 2028
    • 6.6. The Middle-East and Africa
      • 6.6.1. The Middle-East and Africa Market Revenue, By Country, 2020 – 2028 (USD Million)
      • 6.6.2. The Middle-East and Africa Market Revenue, By Type, 2020 – 2028
      • 6.6.3. The Middle-East and Africa Market Revenue, By Application, 2020 – 2028
      • 6.6.4. GCC Countries
        • 6.6.4.1. GCC Countries Market Revenue, By Type, 2020 – 2028
        • 6.6.4.2. GCC Countries Market Revenue, By Application, 2020 – 2028
      • 6.6.5. South Africa
        • 6.6.5.1. South Africa Market Revenue, By Type, 2020 – 2028
        • 6.6.5.2. South Africa Market Revenue, By Application, 2020 – 2028
      • 6.6.6. Rest of Middle-East Africa
        • 6.6.6.1. Rest of Middle-East Africa Market Revenue, By Type, 2020 – 2028
        • 6.6.6.2. Rest of Middle-East Africa Market Revenue, By Application, 2020 – 2028
  • Chapter No. 7: Vegan Protein Powder Market – Industry Analysis
    • 7.1. Introduction
    • 7.2. Market Drivers
      • 7.2.1. Driving Factor 1 Analysis
      • 7.2.2. Driving Factor 2 Analysis
    • 7.3. Market Restraints
      • 7.3.1. Restraining Factor Analysis
    • 7.4. Market Opportunities
      • 7.4.1. Market Opportunity Analysis
    • 7.5. Porter’s Five Forces Analysis
    • 7.6. PEST Analysis
    • 7.7. Regulatory Landscape
    • 7.8. Technology Landscape
    • 7.9. Regional Market Trends
      • 7.9.1. North America
      • 7.9.2. Europe
      • 7.9.3. Asia Pacific
      • 7.9.4. Latin America
      • 7.9.5. The Middle-East and Africa
    • 7.10. Pricing Analysis
    • 7.11. Value Chain Analysis
    • 7.12. Downstream Buyers
    • 7.13. Distributors/Traders List
  • Chapter No. 8: Competitive Landscape
    • 8.1. Company Market Share Analysis – 2019
      • 8.1.1. Global Vegan Protein Powder Market: Company Market Share, 2019
      • 8.1.2. Global Vegan Protein Powder Market, Company Market Revenue, 2016 – 2019 (USD Million)
      • 8.1.3. Global Vegan Protein Powder Market, Company Y-o-Y Growth, 2017 – 2019 (%)
      • 8.1.4. Global Vegan Protein Powder Market: Radar Determinant Chart, 2019
    • 8.2. Strategic Developments
      • 8.2.1. Acquisitions & Mergers
      • 8.2.2. New Product Launch
      • 8.2.3. Regional Expansion
    • 8.3. Company Strategic Developments – Heat Map Analysis
  • Chapter No. 9: Company Profiles
    • 9.1. Health Warrior
      • 9.1.1. Company Overview
      • 9.1.2. Key Executives
      • 9.1.3. Product Portfolio
      • 9.1.4. Financial Overview
      • 9.1.5. Operating Business Segments
      • 9.1.6. Business Performance
      • 9.1.7. Recent Developments
    • 9.2. Garden of Life
    • 9.3. WhiteWave Foods
    • 9.4. Private Label Superfoods
    • 9.5. Australian Sports Nutrition
    • 9.6. Glanbia plc
    • 9.7. Hammer Nutrition
    • 9.8. MRM
  • Chapter No. 10: Marketing Strategy Analysis
    • 10.1. Marketing Channel
    • 10.2. Direct Marketing
    • 10.3. Indirect Marketing
    • 10.4. Marketing Channel Development Trends
    • 10.5. Economic/Pulitical Environmental Change
  • Chapter No. 11: Research Methodology
    • 11.1. Research Methodology
    • 11.2. Phase I - Secondary Research
    • 11.3. Phase II - Data Modeling
      • 11.3.1. Company Share Analysis Model
      • 11.3.2. Revenue Based Modeling
    • 11.4. Phase III - Primary Research
    • 11.5. Research Limitations
      • 11.5.1. Assumptions

Table Of Figures

List of Figures

FIG NO. 1. Market Attractiveness Analysis, By Type
FIG NO. 2. Market Attractiveness Analysis, By Application
FIG NO. 3. Market Attractiveness Analysis, By Region
FIG NO. 4. Global Vegan Protein Powder Market Revenue, 2020 – 2028 (USD Million)
FIG NO. 5. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 6. Market Revenue Share, By Type, 2020 & 2028
FIG NO. 7. Global Vegan Protein Powder Market for Nuts, Revenue (USD Million) 2020 – 2028
FIG NO. 8. Comparative Revenue Analysis of Vegan Protein Powder Market for Nuts, By Country, 2020 & 2028
FIG NO. 9. Global Vegan Protein Powder Market for Vegetable, Revenue (USD Million) 2020 – 2028
FIG NO. 10. Comparative Revenue Analysis of Vegan Protein Powder Market for Vegetable, By Country, 2020 & 2028
FIG NO. 11. Global Vegan Protein Powder Market for Others, Revenue (USD Million) 2020 – 2028
FIG NO. 12. Comparative Revenue Analysis of Vegan Protein Powder Market for Others, By Country, 2020 & 2028
FIG NO. 13. Market Revenue Share, By Application, 2020 & 2028
FIG NO. 14. Global Vegan Protein Powder Market for Youth, Revenue (USD Million) 2020 – 2028
FIG NO. 15. Comparative Revenue Analysis of Vegan Protein Powder Market for Youth, By Country, 2020 & 2028
FIG NO. 16. Global Vegan Protein Powder Market for Adult Female, Revenue (USD Million) 2020 – 2028
FIG NO. 17. Comparative Revenue Analysis of Vegan Protein Powder Market for Adult Female, By Country, 2020 & 2028
FIG NO. 18. Global Vegan Protein Powder Market for Adult Male, Revenue (USD Million) 2020 – 2028
FIG NO. 19. Comparative Revenue Analysis of Vegan Protein Powder Market for Adult Male, By Country, 2020 & 2028
FIG NO. 20. Global Vegan Protein Powder Market for others, Revenue (USD Million) 2020 – 2028
FIG NO. 21. Comparative Revenue Analysis of Vegan Protein Powder Market for others, By Country, 2020 & 2028
FIG NO. 22. Global Vegan Protein Powder Market Revenue Share, By Region, 2020 & 2028
FIG NO. 23. North America Vegan Protein Powder Market Revenue, 2020 - 2028 (USD Million)
FIG NO. 24. Porter’s Five Forces Analysis for Global Vegan Protein Powder Market
FIG NO. 25. PEST Analysis for Global Vegan Protein Powder Market
FIG NO. 26. Pricing Analysis for Global Vegan Protein Powder Market
FIG NO. 27. Value Chain Analysis for Global Vegan Protein Powder Market
FIG NO. 28. Company Share Analysis, 2019
FIG NO. 29. Radar Determinant Chart, 2019
FIG NO. 30. Company Strategic Developments – Heat Map Analysis
FIG NO. 31. Health Warrior Business Segment Revenue Share, 2020 (%)
FIG NO. 32. Health Warrior Geographical Segment Revenue Share, 2020 (%)
FIG NO. 33. Market Channels
FIG NO. 34. Marketing Channel Development Trend
FIG NO. 35. Growth in World Gross Product, 2008-2018
FIG NO. 36. Research Methodology – Detailed View
FIG NO. 37. Research Methodology
 


Table Of Tables

List of Tables

TABLE NO. 1: Global Vegan Protein Powder Market: Snapshot
TABLE NO. 2: Quarterly Vegan Protein Powder Market Revenue by Region, 2020
TABLE NO. 3: Quarterly Vegan Protein Powder Market Revenue Forecast by Region, 2021
TABLE NO. 4: Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Million)
TABLE NO. 5: Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Million)
TABLE NO. 6: Global Vegan Protein Powder Market for Nuts, by Region, 2020 – 2028 (USD Million)
TABLE NO. 7: Global Vegan Protein Powder Market for Vegetable, by Region, 2020 – 2028 (USD Million)
TABLE NO. 8: Global Vegan Protein Powder Market for Others, by Region, 2020 – 2028 (USD Million)
TABLE NO. 9: Global Vegan Protein Powder Market for Youth, by Region, 2020 – 2028 (USD Million)
TABLE NO. 10: Global Vegan Protein Powder Market for Adult Female, by Region, 2020 – 2028 (USD Million)
TABLE NO. 11: Global Vegan Protein Powder Market for Adult Male, by Region, 2020 – 2028 (USD Million)
TABLE NO. 12: Global Vegan Protein Powder Market for others, by Region, 2020 – 2028 (USD Million)
TABLE NO. 13: Global Vegan Protein Powder Market Revenue, By Region, 2020 – 2028 (USD Million)
TABLE NO. 14: North America Vegan Protein Powder Market Revenue, By Country, 2020 – 2028 (USD Million)
TABLE NO. 15: North America Vegan Protein Powder Market Revenue, By Type, 2020 – 2028 (USD Million)
TABLE NO. 16: North America Vegan Protein Powder Market Revenue, By Application, 2020 – 2028 (USD Million)
TABLE NO. 17: U.S. Vegan Protein Powder Market Revenue, By Type, 2020 – 2028 (USD Million)
TABLE NO. 18: U.S. Vegan Protein Powder Market Revenue, By Application, 2020 – 2028 (USD Million)
TABLE NO. 19: Canada Vegan Protein Powder Market Revenue, By Type, 2020 – 2028 (USD Million)
TABLE NO. 20: Canada Vegan Protein Powder Market Revenue, By Application, 2020 – 2028 (USD Million)
TABLE NO. 21: Mexico Vegan Protein Powder Market Revenue, By Type, 2020 – 2028 (USD Million)
TABLE NO. 22: Mexico Vegan Protein Powder Market Revenue, By Application, 2020 – 2028 (USD Million)
TABLE NO. 23: Drivers for the Vegan Protein Powder Market: Impact Analysis
TABLE NO. 24: Restraints for the Vegan Protein Powder Market: Impact Analysis
TABLE NO. 25: Major Buyers of Vegan Protein Powder
TABLE NO. 26: Distributors/Traders List of Vegan Protein Powder
TABLE NO. 27: Global Vegan Protein Powder Market, Company Market Revenue, 2016 – 2019 (USD Million)
TABLE NO. 28: Global Vegan Protein Powder Market, Company Y-o-Y Growth, 2017 – 2019 (USD Million)
 

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FrequentlyAsked Questions

The global vegan protein powder market was valued at USD 6032.7 Million in 2020.

The global vegan protein powder market is expected to reach USD 19672.2 Million by 2028, growing at a CAGR of 16.5% between 2021 to 2028.

Positive outlook for the sport nutrition industry, emerging fitness trends leading to high demand for protein-rich diet, rising importance of plant-based nutrition are the drivers in vegan protein powder market growth.

North America held a share of over 25% in the global vegan protein powder market. This is attributable to the increasing awareness about vegan diet, increasing consumption of sports nutrition supplements and rising weight management issues.

Some of key players vegan protein powder market include Health Warrior, Garden of Life, WhiteWave Foods, Private Label Superfoods, Australian Sports Nutrition, Glanbia plc, Hammer Nutrition and MRM, among others.

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