Vegan Protein Powder Market Size, Industry Share, Growth Report, 2032

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Vegan Protein Powder Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
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Vegan Protein Powder Market Segments
The Business Research Company segments its vegan
protein powder market report as
Soy Protein, Spirulina Protein, Wheat Protein,
Pumpkin Seed Protein, Hemp Protein, Pea Protein,
Rice Protein, Other Types
By Type
Millennials, Generation X, Baby Boomers
By Age Group
Organic, Conventional
By Nature
Modern Groceries, Online Retail Or E-Commerce,
Natural And Specialty Retail, Pharmacies And Drug
Stores, Health Food Stores, Convenience Stores,
Other Distribution Channels
By Distribution
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Market Statistics
The global vegan protein powder market is
expected to grow from 4.18 billion in 2022 to
4.51 billion in 2023 at a compound annual growth
rate (CAGR) of 8.1. The vegan protein powder
market is expected to reach 6.09 billion in 2027
at a CAGR of 7.8.
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Key Market Drivers And Trends
Drivers
The rise in the vegan population is expected to
propel the growth of the vegan protein powder
market going forward.
Trends
Innovation in plant-based protein sources is a
key trend gaining popularity in the vegan protein
powder market.
Region
North America was the largest region in the vegan
protein powder market in 2022. Asia-Pacific is
expected to be the fastest-growing region in the
forecast period. The regions covered in vegan
protein powder report are Asia-Pacific, Western
Europe, Eastern Europe, North America, South
America, Middle East and Africa.
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Key Market Players

• Major players in the vegan protein powder market
  are
• Cargill Incorporated.
• Archer-Daniels-Midland Company
• Abbott Laboratories Ltd.
• Kerry Group plc
• Amway Corporation
• And more.

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