Global Vegan Protein Powder Market Size & Outlook
Global vegan protein powder market, 2017-2030 (US$M)
Related Markets
Global vegan protein powder market highlights
- The global vegan protein powder market generated a revenue of USD 344.3 million in 2022 and is expected to reach USD 714.2 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 9.6% by 2030.
- In terms of segment, pea protein accounted for a revenue of USD 99.0 million in 2022.
- Algae based (Spirulina) is the most lucrative source segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 344.3 million |
| Market revenue in 2030 | USD 714.2 million |
| Growth rate | 9.6% (CAGR from 2022 to 2030) |
| Largest segment | Pea protein |
| Fastest growing segment | Algae based (Spirulina) |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hemp Protein, Pea Protein, Brown Rice Protein, Soy Protein, Algae based (Spirulina), Protein Blends |
Other key industry trends
- In terms of revenue, the North America accounted for 39.2% of the global vegan protein powder market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 38.6 million by 2030.
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Vegan Protein Powder Market Scope
Vegan Protein Powder Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global vegan protein powder market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to vegan protein powder market will help companies and investors design strategic landscapes.
Pea protein was the largest segment with a revenue share of 28.75% in 2022. Horizon Databook has segmented the Global vegan protein powder market based on hemp protein, pea protein, brown rice protein, soy protein, algae based (spirulina), protein blends covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Vegan Protein Powder Source Outlook (Revenue, USD Million, 2017-2030)
- Hemp Protein
- Pea Protein
- Brown Rice Protein
- Soy Protein
- Algae based (Spirulina)
- Protein Blends
- Global Vegan Protein Powder End Use Outlook (Revenue, USD Million, 2017-2030)
- Dietry Supplements
- Sports Nutrition
- Global Vegan Protein Powder Distribution Channel Outlook (Revenue, USD Million, 2017-2030)
- Online
- Offline
- Global Vegan Protein Powder Flavor Outlook (Revenue, USD Million, 2017-2030)
- Chocolate & Coffee
- Vanilla
- Strawberry
- Banana
- Unflavoured
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Target buyers of Global vegan protein powder market databook
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Our clientele includes a mix of vegan protein powder market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global vegan protein powder market , including forecasts for subscribers. This global databook contains high-level insights into Global vegan protein powder market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global vegan protein powder market size, by regions, 2017-2030 (US$M)
Top 10 countries: Vegan protein powder market size, 2022 (US$M)
Global vegan protein powder market share, by source, 2022 & 2030 (%, US$M)
Vegan protein powder market: Opportunity assessment by country
Global vegan protein powder market, by region, 2022 (US$M)
Related regional statistics
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