Green Plant-Based ProteinsMarket Size, Share, Trends & Forecast
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Protein supplements are popular among gym-goers and fitness enthusiasts because they help with muscle growth, metabolism, energy levels, heart health, and weight management. Furthermore, dietary supplement sales are increasing during the coronavirus pandemic because the supplements help comb or enhance the immune system against COVID-19, according to an article published by Nutrition Outlook.
Data Bridge Market Research analyses that the green plant-based proteins market was valued at USD 44.2 billion in 2021 and is expected to reach the value of USD 113.41 billion by 2029, at a CAGR of 12.50% during the forecast period of 2022-2029.
Market Definition
Plant-based proteins are important muscle building blocks, with protein concentrations ranging from 50% to 85% and ideal for vegan and vegetarian diet plans. They are derived from plants like wheat, pea, soy, and wheat. Plant-based proteins are used in dairy substitutes, protein beverages, meat substitutes, protein bars, poultry and seafood, bakery, food, sports nutrition, and other applications, where they improve nutritional and functional properties.
Market size and segmentation
| REPORT METRIC | DETAILS |
| Forecast Period | 2022 to 2029 |
| Base Year | 2021 |
| Historic Years | 2020 (Customizable to 2014 - 2019) |
| Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
| Segments Covered | Source (Soy, Wheat, Pea and Others), Application (Protein Beverages, Dairy Alternative, Meat Alternatives, Protein Bars, Nutrition Supplements, Processed Meat, Poultry and Seafood, Bakery Products and Plant-Based Proteins), Type (Isolates, Concentrates and Protein Flour) |
| Countries Covered | U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
| Market Players Covered | Glanbia plc. (Ireland), Now Health Group, Inc. (U.S.), Nutiva Inc (U.S.), The Simply Good Food Co (U.S.), Iovate Health Sciences International Inc. (Canada), MusclePharm Corporation (U.S.), Kerry Group Plc (Ireland), CytoSport, Inc. (U.S.), The Nature's Bounty Co. (U.S.), Reliance Vitamin Company, Inc. (U.S.), Herbalife Nutrition, Inc. (U.S.), Danone SA (France), General Nutrition Centers (GNC) Holdings, Inc. (U.S.), Orgain Inc. (U.S.), True Nutrition (U.S.) |
| Opportunities | The extensive properties of plant based protein supplements high-qualityUnique characteristics have increased the demand for plant based protein supplements in various industriesIncrease growth demand in allergen-free market will create growth opportunities in the forecast period |
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Regional Analysis/Insights
The Green Plant-Based Proteins Market is analyzed and market size insights and trends are provided by country, component, products, end use and application as referenced above.
The countries covered in the Green Plant-Based Proteins Market reportare U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominatesthe Green Plant-Based Proteins Market because of the region's high prevalence Green Plant-Based Proteins Market
Asia-Pacific is expectedto witness significant growth during the forecast period of 2022 to 2029 due to the focus of various established market players to expand their presence and the rising number of surgeries in this particular region.
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Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.
DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Green Plant-Based Proteins Market size
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