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Vegan Protein Powder Market Size
- Report ID: GMI5524
- Published Date: Mar 2023
- Report Format: PDF
Vegan Protein Powder Market Size
Vegan Protein Powder Market size valued at USD 4 billion in 2022 and is anticipated to exhibit over 7.5% CAGR from 2023 to 2032.
The global market for protein powder is set to surpass USD 41.7 billion by 2032. The rapidly expanding vegan population worldwide and the consequently rising inclination to plant-based food & beverages will anchor the market demand. According to Vegetarian Times, about one million Americans are vegan. Of late, the growing awareness regarding the potential health and environmental advantages of plant-based foods has led to rapid strides in their production process. The fast-food restaurant industry is thus witnessing the introduction of vegan foods/beverages, ranging from plant-based burgers to dairy. The growing burden of lifestyle disorders has also shifted the attention of consumers towards the maintenance of healthy lifestyles and food habits.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Vegan Protein Powder Market Size in 2022: | USD 4 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 7.5% |
| 2032 Value Projection: | USD 8.8 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 315 |
| Tables, Charts & Figures: | 433 |
| Segments covered: | Product, Nature, Flavor, Application, Distribution channel |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Vegan Protein Powder Market Scope
