Plant is one of the main protein constituent sources whereas the others include animal-based protein and synthetic protein. The consumers are these days more inclined to intake the plant-based protein over animal-based protein as many consumers choose green natural ingredients over cholesterol-rich animal-based protein, which could cause health problems. Plant protein is widely used as a nutritional supplement in proetin shakes, bars etc. Using wheat, soy, and other vegetables helps produce protein supplements that are based on plants. Some supplements give animals strength. Ingredients of plant protein are used commercially in food and beverage products, sports nutrition products, and pharmaceutical applications.
MARKET DYNAMICS
The plant based protein supplement market has witnessed a significant growth owing to factors such as rising number of vegan population which in turn is demanding more of vegan products. Additionally the rising concern of the consumers towards the health factors such as weight loss is further driving the demand of the based protein supplement market at a global level. However, the shift in the raw material cost and strict government regulation related to protein extracted especially for the GMO crops may hamper the growth of the plant based protein supplement market. There is a great outlook in the near future for this plant based protein supplement in application of food and beverages industry and thus dietary supplements may boost the market in the coming years.
MARKET SCOPE
The "Global Plant Based Protein Supplement Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the global plant based protein supplement market with detailed market segmentation by type and distribution channel and geography. The global plant based protein supplement market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading plant based protein supplement market players and offers key trends and opportunities in the market.
MARKET PLAYERS
- Abbott
- AMCO Proteins
- CytoSport, Inc.
- Glanbia plc
- Iovate Health Sciences International Inc
- Kerry Group plc
- MusclePharm
- NOW Foods
- QuestNutrition
- The Nature's Bounty Co
- Abbott
- AMCO Proteins
- CytoSport, Inc.
- Glanbia plc
- Iovate Health Sciences International Inc
- Kerry Group plc
- MusclePharm
- NOW Foods
- QuestNutrition
- The Nature's Bounty Co
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