According to the new research report by Maximize Market Research, the global market for Vegan Protein is expected to surpass US $XX Billion by the year 2026, from the US $XX Billion in 2019.
Vegan protein is a necessary macronutrient for muscle building, tissue repair, and enzyme and hormone production. The use of vegan protein can also aid weight loss and help people strengthen their muscles.
With only alternative meat products on them, plant-based foods are showing strong growth during the COVID-19 pandemic, which is expected to promote the market space of plant protein in the food manufacturing industry.
But taste and variety are also influences, and during these challenging times may be more important factors for brands to promote than nutritional profile alone.
The study is consolidated based on major segments and further into sub-segments, Source (Quinoa, Green peas, Oats, Nuts (Almond, Cashew, Walnut, Pistachio, and Hazelnut), Soy, Leafy greens & vegetables, and Others (Amaranth, Potatoes, Rice, etc.)), Nature (Organic and Conventional), Form (Liquid and Powder), Flavor (Chocolate, Vanilla, Strawberry, and Others (Banana, Mixed berries)), and Application (Beverages, Supplements, Nutritional powders, Dairy products, Snacks, Others (bars, human food, and animal food)), and Region (North America, Europe, Asia-Pacific, Middle East and Africa, and South America)to forecast the market size by value; also includes the analysis of past market dynamics from 2016-2019, considering 2019 as the base year.
North America is the dominant market for the vegan protein market. The growing concern in the US in terms of obesity and weight management, and consumer demands to better manage hectic lifestyles have created an encouraging environment for vegan protein sales. Also, investments into research for sports nutrition and demand from athletes and the health and wellness sector reinforces the overall demand for vegan protein.
The report published by Maximize, along with various market dynamics, could affect the market growth of Vegan Protein, the Value-Chain analysis, and the PORTER’s analysis for the Vegan Protein market at a global level.
Lastly, the market research report provides a regional comparison and a complete country-level analysis for the latest trends, along with the major key players in the Vegan Protein market, across the globe. The key players are Country Life, LLC, Hammer Nutrition Direct, Ghost LLC, Australian Natural Protein Company, Garden of Life, LLC, ALOHA, Puris, Genuine Health, Inc., Reliance Private Label Supplements, Vitamer Laboratories, Manitoba Harvest Hemp Foods, Sequel Natural Ltd., Riff Enterprises, Inc., Orgain, Inc., Biooriginal Food & Science Corp, and Others.
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Vegan Protein Market”.
https://www.maximizemarketresearch.com/market-report/global-vegan-protein-market/87218/
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