Plant Based Protein Supplements Market Size Estimated to Reach $5.86 Billion by 2026 Increasing Prevalence of Lactose Intolerances Has Further Contributed to the Growth of Plant Protein Supplements Market.
BriefingWire.com, 6/09/2021 - Plant Based Protein Supplements Market size is estimated to reach $5.86 Bn by 2026 and is poised to grow at a CAGR of 7.56% during the forecast period 2021-2026. The protein supplements that are processed and derived from various types of plant-based food sources are known as plant based protein supplements. Soy, peas, chickpeas, brown rice and other major plant sources are used as the main ingredients for plant protein supplements. Plant-based protein supplements are the essential macronutrients that helps maintain muscle and bone mass and supports the immune system. Raising awareness of the benefits of healthy food products and the growth in the vegetarian population are among the major factors driving the demand
Plant-based Protein Supplements Market Worth $9.57 Billion by 2027, Growing at a CAGR of 7.8% From 2020- Exclusive Report by Meticulous Research Plant-Based Protein Supplements Market
by Type (Soy Protein, Rice Protein), Form (Powder, RTD), Application (Sports Nutrition, Additional Nutrition), and Distribution Channel (Hypermarket/Supermarket, E-Commerce, Pharmacies) - Global Forecast To 2027 , published by Meticulous Research
, the plant-based protein supplements market is expected to reach $9.57 billion by 2027, at a CAGR of 7.8% during the forecast period of 2020 to 2027.
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The retail sales of plant-based food and beverage products have significantly outpaced overall grocery sales in recent years. The growing market for plant-based foods, along with the rising demand for protein supplements, has caused a surge in demand for plant-based protein supplements. Plant-based protei
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“Plant Based Protein Supplements Market 2020-2026:”
A new market study, titled COVID-19 Impact on Plant Based Protein Supplements Market Upcoming Trends, Growth Drivers and Challenges has been featured on WiseGuyReports.
Overview:-
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.
Rising importance of a vegan diet as a result of the risk of cardiovascular diseases and type 2 diabetes associated with the consumption of meat products is expected to have a strong positive impact on the growth.