NEW YORK, Jan. 17, 2022 /PRNewswire/ -- 32% of the market's
growth will originate from North
America during the forecast period. The US and Canada are the key markets for the natural
protein powder market in North
America. Market growth in this region will be
faster than the growth of the market in South American
regions. The natural protein powder market is expected to grow
by USD 2.81 billion from 200
to 2025, progressing at a CAGR of 8.08% as per
the latest market forecast report by Technavio.
For more insights on the market share of various regions
-Download the Free Sample Report
Natural Protein Powder Market: Increasing preference for
plant-based diets to fuel the market to drive growth
The increasing preferences for plant-based diets are one of the
major key drivers for the natural protein powder market
share growth. With the rise in awareness and understanding of
animal cruelty & killing, there has been a boost in consumers
choosing a plant-based diet. Moreover, the perception
of consumers about plant-based goods that they are safer
and healthier to eat than animal-based products has compelled the
manufacturers for developing new sources of plant proteins to
satisfy the increasing global vegan population in a better way.
Thus, the rise in interest in natural and organic products is
expected to drive the natural protein powder market during the
forecast period.
To know more about the drivers, trends & challenges
- Request a Free Sample Research Report
Natural Protein Powder Market: Segmentation Analysis &
Revenue Generation Segment
This market research report segments the natural protein
powder market by Product (Natural plant-based protein
powder, Natural whey protein powder, and Other natural protein
powder) and Geography (North
America, Europe, APAC,
South America, and MEA).
The natural protein powder market share growth by the natural
plant-based protein powder segment will be significant for
revenue generation. Soy protein powder, wheat protein powder, and
pea protein powder are the most popular and widely consumed protein
powders and are considered healthier than meat protein. Moreover,
plant-based proteins are helpful in reducing obesity
and chronic inflammation and improving metabolism and others.
Thus, the high health benefits of the product segment are expected
to elevate the natural protein powder market share growth during
the forecast period.
To gain further insights on the market contribution of
various segments - Download a Free sample
report
Some of the key topics covered in the report
include:
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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|
Natural Protein
Powder Market Scope
|
|
Report
Coverage
|
Details
|
|
Page
number
|
120
|
|
Base year
|
2020
|
|
Forecast
period
|
2021-2025
|
|
Growth momentum &
CAGR
|
Accelerate at a CAGR
of 8.08%
|
|
Market growth
2021-2025
|
USD 2.81
billion
|
|
Market
structure
|
Fragmented
|
|
YoY growth
(%)
|
7.22
|
|
Regional
analysis
|
North America,
Europe, APAC, South America, and MEA
|
|
Performing market
contribution
|
North America at
32%
|
|
Key consumer
countries
|
US, Germany, Canada,
China, and UK
|
|
Competitive
landscape
|
Leading companies,
competitive strategies, consumer engagement scope
|
|
Companies
profiled
|
Amway Corp., Cargill
Inc., Glanbia Nutritionals Inc., GNC Holdings Inc., Herbalife
Nutrition Ltd., Kerry Group Plc, Makers Nutrition LLC., NOW Health
Group Inc., Organic Valley, and Sports Supplements Ltd.
|
|
Market
Dynamics
|
Parent market
analysis, Market growth inducers and obstacles, Fast-growing and
slow-growing segment analysis, COVID-19 impact and future consumer
dynamics, market condition analysis for forecast period,
|
|
Customization
purview
|
If our report has not
included the data that you are looking for, you can reach out to
our analysts and get segments customized.
|
About Technavio
Technavio is a leading global technology research and advisory
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trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
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and potential markets and assess their competitive positions within
changing market scenarios.
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Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio