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Global Vegan Protein Powder Market to reach USD 15.2 billion by 2027.

Global Vegan Protein Powder Market Size study, Type (Vegetable, Nuts, Others), Application (Adult Male, Adult Female, Youth, Others) and Regional Forecasts 2020-2027

Product Code: OIRFAB_11025090
Publish Date: 12-06-2020
Page: 200

Global Vegan Protein Powder Market is valued approximately USD 5.3 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 14.04 % over the forecast period 2020-2027. Protein powder is a dietary supplement that is popular. In muscle building, tissue repair, and enzyme and hormone development, protein is an important macronutrient. Using protein powder can also help people lose weight and help them strengthen their muscles. Protein powder is an easy, no-prep way to increase the quality of protein for the day. Basically, vegan protein powder means the protein does not come from animal products such as dairy, meat, and eggs, but from sources of plants such as nuts, beans, grains, legumes. Corn, cannabis, peas, oats, and peanuts are examples of vegan protein powders. The market is driven by Positive outlook for the sports nutrition industry, evolving fitness trends that lead to high protein-rich diet demand, rising value of plant-based nutrition. The key players of global Vegan protein powder market have adopted various strategies to gain competitive advantage including product launch, mergers and acquisition, partnerships and agreements, investment, funding and others. For instance, In February 2019, Glanbia PLC acquired Watson (US), a US-based manufacturer and supplier to the nutrition, food & beverage, personal care, and supplement industries for high-quality custom nutrient premixes, baking products, edible films, and material conditioning solutions. However, Fluctuating Raw Material Costs, Improvements in plant-based protein powder flavor profiles require impedes the growth of the market over the forecast period of 2020-2027.

The regional analysis of global Vegan Protein Powder Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of rising value of plant-based nutrition. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as Positive outlook for the sports nutrition industry, evolving fitness trends that lead to high protein-rich diet demand would create lucrative growth prospects for the Vegan Protein Powder Market across Asia-Pacific region.

Major market player included in this report are:
Health Warrior
Garden of Life
WhiteWave Foods
Private Label Superfoods
Australian Sports Nutrition
Hammer Nutrition
MRM
Glanbia PLC
Cargill
AGT Food & Ingredients
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Vegetable
Nuts
Others
By Application:
Adult Male
Adult Female
Youth
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Vegan Protein Powder Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Vegan Protein Powder Market, by Region, 2018-2027 (USD Billion)
1.2.2. Vegan Protein Powder Market, by Type, 2018-2027 (USD Billion)
1.2.3. Vegan Protein Powder Market, by Application, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Vegan Protein Powder Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Vegan Protein Powder Market Dynamics
3.1. Vegan Protein Powder Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Vegan Protein Powder Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Vegan Protein Powder Market, by Type
5.1. Market Snapshot
5.2. Global Vegan Protein Powder Market by Type, Performance – Potential Analysis
5.3. Global Vegan Protein Powder Market Estimates & Forecasts by Type 2017-2027 (USD Billion)
5.4. Vegan Protein Powder Market, Sub Segment Analysis
5.4.1. Vegetable
5.4.2. Nuts
5.4.3. Others
Chapter 6. Global Vegan Protein Powder Market, by Application
6.1. Market Snapshot
6.2. Global Vegan Protein Powder Market by Application, Performance – Potential Analysis
6.3. Global Vegan Protein Powder Market Estimates & Forecasts by Application 2017-2027 (USD Billion)
6.4. Vegan Protein Powder Market, Sub Segment Analysis
6.4.1. Adult Male
6.4.2. Adult Female
6.4.3. Youth
6.4.4. Others
Chapter 7. Global Vegan Protein Powder Market, Regional Analysis
7.1. Vegan Protein Powder Market, Regional Market Snapshot
7.2. North America Vegan Protein Powder Market
7.2.1. U.S. Vegan Protein Powder Market
7.2.1.1. Type breakdown estimates & forecasts, 2017-2027
7.2.1.2. Application breakdown estimates & forecasts, 2017-2027
7.2.2. Canada Vegan Protein Powder Market
7.3. Europe Vegan Protein Powder Market Snapshot
7.3.1. U.K. Vegan Protein Powder Market
7.3.2. Germany Vegan Protein Powder Market
7.3.3. France Vegan Protein Powder Market
7.3.4. Spain Vegan Protein Powder Market
7.3.5. Italy Vegan Protein Powder Market
7.3.6. Rest of Europe Vegan Protein Powder Market
7.4. Asia-Pacific Vegan Protein Powder Market Snapshot
7.4.1. China Vegan Protein Powder Market
7.4.2. India Vegan Protein Powder Market
7.4.3. Japan Vegan Protein Powder Market
7.4.4. Australia Vegan Protein Powder Market
7.4.5. South Korea Vegan Protein Powder Market
7.4.6. Rest of Asia Pacific Vegan Protein Powder Market
7.5. Latin America Vegan Protein Powder Market Snapshot
7.5.1. Brazil Vegan Protein Powder Market
7.5.2. Mexico Vegan Protein Powder Market
7.6. Rest of The World Vegan Protein Powder Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Health Warrior
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. Garden of Life
8.2.3. WhiteWave Foods
8.2.4. Private Label Superfoods
8.2.5. Australian Sports Nutrition
8.2.6. Hammer Nutrition
8.2.7. MRM
8.2.8. Glanbia PLC
8.2.9. Cargill
8.2.10. AGT Food & Ingredients
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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