Protein is an important part of a healthy diet and animal sources are the most common choice. But many people choose plant based protein as opposed to dairy-based powders (whey or casein) due to lactose intolerance or sensitivity to dairy proteins.
Vegan protein supplements are expected to witness significant demand over the forecast period owing to their increasing popularity among different types of consumers such as vegans, vegetarians, and individuals who are allergic to dairy and egg proteins.
This report contains market size and forecasts of Vegan Protein Supplements in global, including the following market information:
Global Vegan Protein Supplements Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Vegan Protein Supplements Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Vegan Protein Supplements companies in 2021 (%)
The global Vegan Protein Supplements market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Soy Protein Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Vegan Protein Supplements include Glanbia, NOW Foods, MusclePharm Corp, CytoSport, Inc. (PepsiCo), Simply Good Foods, NBTY (The Bountiful Company), AMCO Proteins, Iovate Health Sciences International and Nutrabolt, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Vegan Protein Supplements manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Vegan Protein Supplements Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Vegan Protein Supplements Market Segment Percentages, by Type, 2021 (%)
Soy Protein
Wheat Protein
Pea Protein
Others
Global Vegan Protein Supplements Market, by Channel, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Vegan Protein Supplements Market Segment Percentages, by Channel, 2021 (%)
Supermarkets & Hypermarkets
Online Stores
Direct to Customers (DTC)
Others
Global Vegan Protein Supplements Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Vegan Protein Supplements Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Vegan Protein Supplements revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Vegan Protein Supplements revenues share in global market, 2021 (%)
Key companies Vegan Protein Supplements sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Vegan Protein Supplements sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Glanbia
NOW Foods
MusclePharm Corp
CytoSport, Inc. (PepsiCo)
Simply Good Foods
NBTY (The Bountiful Company)
AMCO Proteins
Iovate Health Sciences International
Nutrabolt
Dymatize Enterprises
Jym Supplement Science
RSP Nutrition
BPI Sports LLC
International Dehydrated Foods
BRF
Rousselot
Gelita
Hoogwegt