The Global Plant-based Protein Market to Reach Revenues of Over $7 Billion by 2025 - Market Research by Arizton

CHICAGO, Nov. 26, 2019 /PRNewswire/ --  According to Arizton's recent research report, Plant-based Protein Market - Global Outlook and Forecast 2020-2025 is expected to grow at a CAGR of approximately 9% during the forecast period.

Key Highlights Offered in the Report:  

Key Offerings:

• Market Size & Forecast by Revenue | 2019−2025
• Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
• Market Segmentation – A detailed analysis by products, source, application, and geography.
• Competitive Landscape – Profile of 2 key vendors and 10 other vendors.

Request your free sample today!https://www.arizton.com/market-reports/plant-based-protein-market

Plant-based Protein Market – Segmentation

• The demand for protein bars is not only growing among athletes, however, but the majority of the population also consumes them as an energy-boosting quick meal. The rise in the number of fitness clubs and weight management programs is boosting demand and is expected to grow significantly during the forecast period.
• Rice protein is considered to be an excellent source for vegans and gluten intolerance people. The increasing gluten intolerance is expected to drive the growth by 2025.
• The sports nutrition segment dominates the market. The hike in demand for protein bars, energy drinks, and other supplements among athletes, fitness enthusiasts, and bodybuilders is driving the demand.  

Market Segmentation by Products  

• Protein Powder
• Protein Bar
• RTD Protein Beverages
• Others

Market Segmentation by Source

• Soy
• Pea
• Rice
• Others

Market Segmentation by Application  

• Sports Nutrition
• Additional Nutrition

Plant-based Protein Market – Dynamics

The rising preference of vegan and plant-based diets among consumers owing to increasing concerns regarding animal and environmental protection are driving the market for plant-based products. Millennials are the main drivers for the global shift away from animal-based products consumption. Renowned celebrities and world-class athletes, as well as large companies such as Google, are moving towards the consumption of more plant-based products. Countries such as China are also supporting the vegan movement. The rise of veganism across the globe will positively impact the growth of the plant-based protein market.

Key Drivers and Trends fueling Market Growth:

• Rising Health Conscious Population
• High Prevalence of Lactose Intolerance Population
• Growing Demand for Clean Labels
• Rising sales of RTD product

Plant-based Protein Market –Geography

In North America, consumers are adopting plant-based food diets on account of their health benefits and high nutritional values, and the trend is likely to increase during the forecast period. The US plant-based protein market is expected to grow as 39% of the consumers in the country are actively seeking vegan products in their diets. By source type, soy protein accounted for the largest market share of 65.12% in 2019, however, with rising incidence of soy allergies, the demand for soy free products are rising in the region, resulting in the declining demand for soy products. However, soy is still expected to dominate the market as soy protein is the only plant-based protein type which is considered as a complete protein containing all essential amino acids.

Request your free sample today! https://www.arizton.com/market-reports/plant-based-protein-market

Market Segmentation by Geography

• North America
• US
• Canada
• Europe
• France
• Germany
• UK
• Italy
• Spain
• APAC
• China
• Japan
• Australia
• Latin America
• Brazil
• Mexico
• MEA
• South Africa
• Saudi Arabia

Major Vendors

• Glanbia
• Danone

Other vendors include - Tone it up, Orgain, KOS, Garden of Life, Your Super, Nuzest, No Cow, Kind, GoMacro, and SimplyProtein.

Explore our consumer goods & retail technology profiles to know more about the industry.

Read some of the top-selling reports:

• Plant-based Meat Market in US - Industry Outlook and Forecast 2019-2024
• Hemp Milk Market - Global Outlook and Forecast 2019-2024
• Non-Dairy Milk Market - Global Outlook and Forecast 2019-2024
• Goat Milk Powder Market - Global Outlook and Forecast 2019-2024

About Arizton:

Arizton – Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

Mail: enquiry@arizton.com 
Call: +1-312-235-2040 
        +1-302-469-0707

View original content:http://www.prnewswire.com/news-releases/the-global-plant-based-protein-market-to-reach-revenues-of-over-7-billion-by-2025---market-research-by-arizton-300965390.html

SOURCE Arizton Advisory & Intelligence