Global Plant Protein Supplements Market 2022 Outlook By Form, Application And Source | Trends and Forecast To 2030

Plant-based protein supplement products are protein supplements that are processed and generated from several types of nutritional plant sources. Soy, pea, chickpea, brown rice, and other plant-based sources are among the most common constituents in plant protein supplements. Plant protein supplements are one of the most effective forms of protein obtained from plants. Plant-based protein supplements are extremely healthy. Powders, like whey protein, can offer the human body protein as well as other essential nutrients including fibre, vitamins, and minerals.

In terms of revenue, the global plant protein supplements market was valued at US$ 5,241.58 Mn in 2021 growing at a CAGR of 8.2% over the forecast period (2022 - 2030).

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Consumers are increasingly adopting plant-based diets as their understanding of animal cruelty and environmental sustainability grows. Consumer perceptions that plant-based products are safer and healthier than animal-based products are fuelling the rise of the plant protein supplements market. Manufacturers have been driven to develop new sources of plant protein due to the expanding vegan population and preference for vegetarian diets. The rise in vegan population and increased awareness of the benefits of healthy food products are two significant factors driving demand for plant protein supplements products. Furthermore, rising health consciousness, disposable income, and knowledge of chemical-free products are all factors driving market expansion.

Increased consumption of concentrated versions of pea and other plant-protein isolates than in traditional diets may produce allergy reactions in people who have never had difficulties eating these plant proteins before. Soy is one of the Big Eight allergens, along with cow's milk, eggs, peanuts, tree nuts, wheat, fish, and shellfish that accounts for 90% of all food allergies, according to studies. When human immune system misinterprets the mild proteins found in soy as hazardous, antibodies are produced to oppose them, resulting in a soy allergy. These factors are likely to hinder the plant protein supplements market demand.

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Some of the Key Players Operating in the Global Plant Protein Supplements Market include: 
Health Group, Inc.
Herbalife Nutrition, Inc.
Kerry Group Plc
Nutiva Inc
Orgain Inc.
PepsiCo
Reliance Vitamin Company, Inc.
The Nature's Bounty Co.
The Simply Good Food Co
True Nutrition
Other Market Participants

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Key Insights of the Report:
The report provides key statistics on the market status of the Plant Protein Supplements manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
The report presents the company profile, product specifications, capacity, production value, and 2022-2030 market shares for key vendors.
The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
The report estimates 2022-2030 market development trends of Plant Protein Supplements industry.
Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
The report makes some important proposals for a new project of Plant Protein Supplements Industry before evaluating its feasibility.

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Global Plant Protein Supplements Market Segmentation:

By Source
Pea
Hemp Seeds
Rice
Chickpea
Soy
Sacha Inch
Spirulina
Pumpkin Seed
Blue-Green Algae
Others

By Sales Channel
Online
Offline
Supermarkets/Hypermarkets
Specialty Stores
Others

By Form
Chewables
Tablets
Capsules
Powder
Softgels
Others

By Application
Bone & Joint Support
Children's Health
Cognitive Health
Detox & Liver Support
Diet & Weight Management
Digestive Support
Eye Health
Heart Health
Immune Support
Men's Health
Nervous System Support
Skin Health
Sleep & Mood Support
Women's Health
Sports Nutrition
Others

By End User
Infants
Adolescents
Adult
Elderly

By Geography
North America [U.S., Canada, Mexico]
Europe [Germany, UK, France, Italy, Rest of Europe]
Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
South America [Brazil, Argentina, Rest of Latin America]
Middle East & Africa [GCC, North Africa, South Africa, Rest of the Middle East and Africa]

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