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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 ...

Vegan Protein Powder Market Worth $8.03 Billion by 2029 | Meticulous Market Research Pvt. Ltd.

  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...

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

  Comprehensive Analysis of the Vegan Food Market by Meticulous Research® Introduction to the Vegan Food Market The vegan food market has witnessed substantial growth over recent years, driven by a myriad of factors including shifting consumer preferences towards sustainable and healthy lifestyles. According to the latest report from Meticulous Research®, the global vegan food market is projected to reach an impressive $116.33 billion by 2031 , growing at a CAGR of 11.7% from 2024 onwards. This growth trajectory underscores the increasing adoption of plant-based diets worldwide. Key Drivers of Market Growth Rising Vegan Population One of the primary drivers behind the surge in the vegan food market is the increasing vegan population globally. As more individuals opt for veganism due to ethical, health, and environmental reasons, the demand for vegan food products continues to escalate. Increased R&D and Investments The market's expansion is further bolstered by...

Vegan Protein Powder Market Worth $8.03 Billion by 2029 | Meticulous Market Research Pvt. Ltd.

  Meticulous Research®, a prominent global market research firm, has released a report entitled,  ' 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 .' As per the latest report from Meticulous Research®, the vegan protein powder market is projected to reach $8.03 billion by 2029 , growing at a CAGR of 7.3% from 2022 to 2029. This market expansion is fueled by a rising consumer interest in plant-based nutrition, steady growth in the sports and health nutrition sectors, a growing preference for vegan diets, and the increasing trend towards personalized nutrition. Furthermore, the rising demand from emerging economies such as Asia-Pacific, Latin America, and the Middle East & Africa, along with the increasing introduction of new plant-based protein supplements, is anticipated to offer lucrative ...