Plant-based alternatives are generally healthier than animal-based products, which is primarily accelerating the growth of the plant protein market.
AB NEWSWIRE: A recent market research report on the global plant protein market provides a comprehensive industry analysis, trend forecasts, and competitive analysis. The study includes insights by protein products (powder, bar, RTD beverages, and others), source (soy, pea, rice, and others), application (sports nutrition and additional nutrition), and geography (North America, Europe, APAC, Latin America and MEA)…
Consumers are increasingly adopting natural products, which fulfill the demand for taste, flavor, and nutritional contents of proteins. Plant-based alternatives are generally healthier than animal-based products, which is primarily accelerating the growth of the plant protein market.
According to a recent survey, 39% of Americans are actively trying to consume more plant-based products, including vegetable proteins. Hence, the growing health consciousness trend among people, which is currently seen only in certain segments, is expected to increase significantly during the forecast period. Modern generation, especially millennials, is becoming highly interested in pursuing a healthy lifestyle…
Sports nutrition is one of the fastest-growing categories in the consumer healthcare segment and is expected to continue to grow during the forecast period. The growth can be attributed to… consumers focused on fitness and healthy lifestyles. Plant-based protein supplements are likely to increase their market shares and expand their customer base due to increasing awareness of organic products, growing health & wellness consciousness, increasing diet restrictions, and rising environment sustainability. SOURCE…
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