Why Are Millennials and Gen Z Powering the Plant-Based Protein Movement?


Posted April 11, 2025 by falgunimmr

Plant-Based Protein Supplements Market was valued at USD 6.11 Bn in 2023 and is expected to reach USD 8.95 Bn by 2030, at a CAGR of 5.6% during a forecast period.
 
Unveiling the Latest Trends in the Plant-Based Protein Supplements Market

Maximize Market Research, a leading business consultancy firm, has released a comprehensive analysis of the Plant-Based Protein Supplements Market. The report offers valuable business insights, including demand and pricing analysis, as well as an overview of the competitive landscape. It provides a detailed examination of the current state of the Plant-Based Protein Supplements market, with projections extending through 2030.

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Defining the Plant-Based Protein Supplements Market Scope Through Comprehensive Research

The Plant-Based Protein Supplements market research delivers an in-depth analysis of key factors influencing industry growth, along with potential challenges that may arise. It provides stakeholders with a comprehensive understanding of the competitive landscape, including insights into leading companies, their product offerings, and emerging investment opportunities within the market. The report integrates both qualitative and quantitative insights, offering a well-rounded perspective on the industry’s current and future trajectory.

Additionally, the MMR report includes a detailed competitive analysis, examining market players, their strategies, and key trends shaping the industry. The research is based on a blend of primary and secondary data sources, such as government publications, company websites, annual reports, and expert opinions from industry professionals and academics.

Furthermore, the report identifies new market demands and trends, providing a thorough explanation of their impact on the Plant-Based Protein Supplements market’s evolution. By addressing consumer preferences, regulatory frameworks, and technological advancements, the study equips businesses with actionable insights to navigate the industry’s dynamic landscape effectively.

Explore Regional Insights and Market Dynamics in the Plant-Based Protein Supplements Industry

This report provides an in-depth regional analysis, covering essential aspects such as market size, growth rate, and trade activities, including imports and exports across different regions. By examining the geographic distribution of the Plant-Based Protein Supplements market, the study offers a clear understanding of industry trends and market conditions in various countries.

The Plant-Based Protein Supplements market spans across North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East, with each region presenting unique opportunities and challenges. This comprehensive analysis helps businesses identify regional growth potential, competitive landscapes, and key market drivers, enabling strategic decision-making in a dynamic global market.

Unlock the Key Market Segments Powering Plant-Based Protein Supplements Industry Growth :

Plant-Based Protein Supplements Market was valued at US$ 38.24 Bn. in 2023. Plant-Based Protein Supplements Market size is estimated to grow at a CAGR of 3.6% over the forecast period.

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Breaking Down the Plant-Based Protein Supplements Market: Key Segments Shaping the Industry

by Product

Protein Powder
Protein Bars
Ready-to-Drink (RTD)
Others


by Raw Material

Soy
Spirulina
Pumpkin Seed
Hemp
Rice
Pea
Others

During the projected period, the soy segment is anticipated to drive the global market for plant-based protein supplements based on raw materials. Demand for soy proteins is rising as a result of customers' growing desire for vegan diets worldwide. Due to the expanding global population's demand for low-fat diets, the protein isolate category has retained the greatest revenue share over the past ten years. Application-wise, the food and beverage sector is anticipated to support the expansion of the global market for plant-based protein supplements due to rising middle-class spending power and population growth. The demand for animal feed with vital minerals, a high protein content, and vitamins is being driven by the growing number of animal stocks.


by Distribution Channel

Supermarket
Online Stores
DTC
Others


by Form

Protein Isolate
Protein Concentrate
Textured Protein


by Application

Sports Nutrition
Additional Nutrition
Others

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Meet the Industry Leaders Revolutionizing the Plant-Based Protein Supplements Market

1. Archer Daniels Midland
2. Cargill, Incorporated
3. DuPont | Nutrition & Health
4. Kerry Group
5. The Scoular Company
6. Omega Protein Corporation
7. Roquette Frères
8. Axiom Foods, Inc.
9. Glanbia plc
10.Growing Naturals, LLC.
11.Manitoba Harvest Hemp Foods
12.Amway Corporation
13.AMCO Proteins
14.QuestNutrition
15.MusclePharm Corporation
16.NOW Foods
17.CytoSport, Inc

Uncover Key Insights Answering the Biggest Questions in the Plant-Based Protein Supplements Market

What is Plant-Based Protein Supplements ?
What is the growth rate of the Plant-Based Protein Supplements Market?
Which are the factors expected to drive the Plant-Based Protein Supplements market growth?
What is the CAGR at which the Plant-Based Protein Supplements market will grow during the forecast period?
What are the different segments of the Plant-Based Protein Supplements Market?
Which is the fastest growing region in the Plant-Based Protein Supplements market?
What growth strategies are the players considering to increase their presence in Plant-Based Protein Supplements ?
What are the upcoming opportunities and trends for the Plant-Based Protein Supplements Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Plant-Based Protein Supplements Market?
Who are the leading companies and what are their portfolios in Plant-Based Protein Supplements Market?
What segments are covered in the Plant-Based Protein Supplements Market?
Who are the key players in the Plant-Based Protein Supplements market?
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Explore the Revolutionary Products Powering Market Success

Past Size and Competitive Landscape
• Past Pricing and price curve by region
• Size, Share, Size Forecast by different segment
• Dynamics Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Segmentation A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape Profiles of selected key players by region from a strategic perspective
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Issued By mmr
Country India
Categories Business
Last Updated April 11, 2025