Vegan Protein Powder Market Expected to Reach $8.03 Billion by 2029 | Meticulous Market Research Pvt. Ltd.
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 ...