The global plant-based protein market size is expected to grow at a CAGR of over 8% during the forecast period 2019–2025.
The growing health consciousness trend among people is expected to influence the global plant protein market. Millennial, especially, is highly interested in pursuing a healthy lifestyle. Therefore, they are one of the major consumers of healthy products, including plant-based variants. Consumers are increasingly adopting these products as they offer the same taste, flavor, and nutritional value as natural sources provide. Hence, a gradual shift of consumers from animal-based products to vegan products is likely to boost the market.
The rise of the vegan population is another key factor encouraging the growth of the market.
The following factors are likely to contribute to the growth of the plant-based protein market during the forecast period:
- Increase in the Health-conscious Population
- High Demand for Plant-based Products
- Growth in the Vegan Population
- High Prevalence of Lactose Intolerance
- Increase in the Sale of RTD Products
The study considers the present scenario of the global plant-based protein market and its market dynamics for the period 2019−2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The study offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent companies operating in the market.
Plant Protein Market – Vendor Profiles
Key Vendors
- Glanbia
- Danone
Other Vendors
- Tone it up
- Orgain
- KOS
- Garden of Life
- Your Super
- Nuzest
- No Cow
- Kind
- GoMacro
- Simply Protein
Plant Protein Market – Segmentation
Market Segmentation by Products
- Protein Powder
- Protein Bar
- RTD Protein Beverages
- Others
Market Segmentation by Source
- Soy
- Pea
- Rice
- Others
Market Segmentation by Application
- Sports Nutrition
- Additional Nutrition
Market Segmentation by Geography
- North America
- US
- Canada
- Europe
- France
- Germany
- UK
- Italy
- Spain
- APAC
- China
- Japan
- Australia
- Latin America
- Brazil
- Mexico
- MEA
- South Africa
- Saudi Arabia
Plant Protein Market – Table of Contents
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.2 Base Year
4.3 Scope of the study
4.4 Market Segments
4.4.1 Market Segmentation by Products
4.4.2 Market Segmentation by Source
4.4.3 Market Segmentation by Application
4.4.4 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Overview
7.2 Why Shift from Animal-based Diet?
7.3 The Future of Protein Market
8 Market Dynamics
8.1 Market Growth Enablers
8.1.1 Rising Health Conscious Population
8.1.2 Rising Demand For Plant-Based Products in Sports Nutrition
8.1.3 Growth of Vegan Population
8.1.4 Lactose Intolerance
8.2 Market Growth Restraints
8.2.1 Stringent Regulation & Health Standards
8.2.2 Skepticism over Product Efficiency & Credibility
8.2.3 Fluctuating Price of Raw Materials
8.3 Market Opportunities and Trends
8.3.1 Growing Demand for Clean Labels
8.3.2 Innovative Protein Sources
8.3.3 Rising Sales of RTD Product
9 Global Plant-Based Protein Market
9.1 Market Overview
9.2 Market Size & Forecast
9.3 Five Forces Analysis
9.3.1 Threat of New Entrants
9.3.2 Bargaining Power of Suppliers
9.3.3 Bargaining Power of Buyers
9.3.4 Threat of Substitutes
9.3.5 Competitive Rivalry
10 Plant-Based Protein Market by Product Type
10.1 Market Snapshot & Growth Engine
10.2 Market Overview
10.3 Powder Supplements
10.3.1 Market Size & Forecast
10.3.2 By Geography
10.4 Bar
10.4.1 Market Size & Forecast
10.4.2 By Geography
10.5 RTD
10.5.1 Market Size & Forecast
10.5.2 By Geography
10.6 Others
10.6.1 Market Size & Forecast
10.6.2 By Geography
11 Plant-Based Protein Market by Source
11.1 Market Snapshot & Growth Engine
11.2 Market Overview
11.3 Soy
11.3.1 Market Size & Forecast
11.3.2 By Geography
11.4 Pea
11.4.1 Market Size & Forecast
11.4.2 By Geography
11.5 Rice
11.5.1 Market Size & Forecast
11.5.2 By Geography
11.6 Others
11.6.1 Market Size & Forecast
11.6.2 By Geography
12 Plant-Based Protein Market by Application
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
12.3 Sports Nutrition
12.3.1 Market Size & Forecast
12.3.2 By Geography
12.4 Additional Nutrition
12.4.1 Market Size & Forecast
12.4.2 By Geography
13 Plant-Based Protein Market by Distribution
13.1 Market Overview
14 Plant-Based Protein Market by Geography
14.1 Market Snapshot & Growth Engine
14.2 Overview
15 North America
15.1 Market Overview
15.2 Market Segmentation
15.2.1 By Source
15.2.2 By Product
15.2.3 By Application
15.3 Key Countries
15.3.1 US: Plant-Based Protein Market Size & Forecast
15.3.2 Canada: Market Size & Forecast
16 Europe
16.1 Market Overview
16.2 Market Segmentation
16.2.1 By Source
16.2.2 By Product
16.2.3 By Application
16.3 Key Countries
16.3.1 UK: Plant-Based Protein Market Size & Forecast
16.3.2 Germany: Market Size & Forecast
16.3.3 Spain: Market Size & Forecast
16.3.4 France: Market Size & Forecast
16.3.5 Italy: Market Size & Forecast
17 APAC
17.1 Market Overview
17.2 Market Segmentation
17.2.1 By Source
17.2.2 By Product
17.2.3 By Application
17.3 Key Countries
17.3.1 China: Plant-Based Protein Market Size & Forecast
17.3.2 Japan: Market Size & Forecast
17.3.3 Australia: Market Size & Forecast
18 Latin America
18.1 Market Overview
18.2 Market Segmentation
18.2.1 By Source
18.2.2 By Product
18.2.3 By Application
18.3 Key Countries
18.3.1 Brazil: Plant-Based Protein Market Size & Forecast
18.3.2 Mexico: Market Size & Forecast
19 Middle East & Africa
19.1 Market Overview
19.2 Market Segmentation
19.2.1 By Source
19.2.2 By Product
19.2.3 By Application
19.3 Key Countries
19.3.1 South Africa: Plant-Based Protein Market Size & Forecast
19.3.2 Saudi Arabia: Market Size & Forecast
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