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 Meticulous Research®, a prominent global market research firm, has released a comprehensive report titled, ' Vegan Protein Powder Market by Type (Soy Protein, Rice Protein), Application (Sports Nutrition, Additional Nutrition), and Distribution Channel (Hypermarket/Supermarket, E-Commerce, Pharmacies)—Global Forecast to 2029.' This latest report from Meticulous Research® forecasts that the vegan protein powder market will achieve a value of $8.03 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.3% from 2022 to 2029. The market's expansion is fueled by increasing consumer interest in plant-based diets, sustained growth in the sports and health nutrition sectors, a rising shift towards vegan diets, and the growing trend of personalized nutrition. Additionally, the escalating demand from emerging markets in Asia-Pacific, Latin America, and the Middle East & Africa, coupled with a surge in new plant-based protein product launches, is expected to ...

  Global Vegan Protein Powder Market: Growth, Trends, and Future Outlook Introduction In recent years, the vegan protein powder market has witnessed substantial growth, driven by a surge in consumer interest in plant-based nutrition and an increasing inclination towards vegan diets . According to the latest report from Meticulous Research®, the market is projected to reach $8.03 billion by 2029 , expanding at a CAGR of 7.3% from 2022 to 2029. This growth trajectory is underpinned by several key factors, including the steady rise of the sports and health nutrition sectors and the growing trend towards personalized nutrition . Market Dynamics Drivers of Growth The market expansion is largely fueled by: Rising Consumer Interest in Plant-Based Nutrition : An increasing number of consumers are adopting vegan diets for health, ethical, and environmental reasons. Growth in Sports and Health Nutrition Sectors : There is a rising demand for prote...