Vegan Protein Powder Market by Type (Vegetable, Nuts and Others), Application, Regions, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2019 to 2026
Published On: January 2020
 
Report ID:407139
 
 
Pages: 250




Global Vegan Protein Powder market is expected to reach USD 13.19 Billion by 2026, at a CAGR of 14.01% from 2019 to 2026 due to the increasing preference towards vegan, the risks of cardiovascular diseases and type 2 diabetes associated with the consumption of meat products. The global Vegan Protein Powder market is expected to experience substantial growth over the next few years as a result of the growing flexitarian population in the U.S. and Canada due to extensive campaigns for promoting vegan diet via media platforms.

Market Overview:

Protein powder is a common nutritional supplement. Protein is an essential macronutrient for muscle building, tissue repair, and enzyme and hormone production. The use of protein powder can also aid weight loss and help people strengthen their muscles. Protein powder is an easy, no-prep way to boost the protein content for the day. Vegan protein powder simply means that the protein is coming from plants sources such as nuts, seeds, grains, legumes rather than animal products like dairy, meat, and eggs. Soy, hemp, pea, rice, and peanut are all examples of vegan protein powders.

Report Description:

  • The base year for the study has been considered 2018, historic year 2016 and 2017 and, the forecast period considered is from 2019 to 2026. The global vegan protein powder market is analyzed on the basis of value (USD Billion), volume (Kilograms), consumption (Kilograms), imports (Kilograms) and exports (Kilograms).
  • The study delivers a comprehensive analysis of global Vegan Protein Powder market by type, application and regions. The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
  • Porter’s Five Forces model is used in order to recognize the competitive scenario in the global Vegan Protein Powder market. This report incorporates the industry analysis which is focused on providing an extensive view of the Vegan Protein Powder market.
  • The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
  • The report provides company profile of the key players operating in the Vegan Protein Powder market and a comparative analysis based on their business overviews, product offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
  • The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.

Market Dynamics:

Drivers:

  • Positive outlook for the sport nutrition industry
  • Emerging fitness trends leading to high demand for protein-rich diet
  • Rising importance of plant-based nutrition

Restrains:

  • Fluctuating prices of raw materials
  • Flavor profiles of plant based protein powder requires improvements

Opportunities:

  • Surge in the vegan population
  • Increase in number of fitness centres and wellness clubs

Challenges:

  • Threat by substitutes such as animal protein powder

Global Vegan Protein Powder Market Key Findings:

All the segments have been analyzed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment.

Segmentation Analysis:

The global Vegan Protein Powder market has been segmented on the basis of type and application.

  • The type segment is divided into vegetable, nuts and others. The vegetable segment led the global vegan protein powder market with a market share of 39.92% in 2018. Most vegetables are loaded with healthy fibres that naturally improves digestion and absorption, increase motility and reduce symptoms of gas and bloating, these factors are driving this increase in demand. 
  • The application segment includes adult male, adult female, youth and others. The adult male segment is anticipated to grow at the highest CAGR over the forecast period. Adult prefer buying protein powders for various purposes, such as weight management, improving muscle mass, and increasing energy which is expected to fuel this future demand.

Regional Segmentation Analysis:

The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. The North America emerged as the largest market for the Vegan Protein Powder in 2018.

  • Increasing awareness about vegan diet as well as changing trend towards vegetarianism as a result of new product promotions on social media and television channels in the region led the North America region to dominate the global vegan protein powder market in 2018. Due to the increasing consumption of sports nutrition supplements, demand in the U.S. is expected to grow steadily over the forecast period. In addition, rising weight management issues coupled with growing consumer awareness about nutritious diet intake and maintaining a healthy lifestyle are expected to fuel regional market growth over the forecast period.
  • Rising disposable income and urbanization in the Asia Pacific region are anticipated to play a key role in promoting consumption of the vegan protein powder, particularly among the vegan population that will fuel the regional market growth in the coming years.

Global Vegan Protein Powder Market Competitive Analysis:

Key players in the global Vegan Protein Powder market are Health Warrior, Garden of Life, WhiteWave Foods, Private Label Superfoods, Australian Sports Nutrition, Glanbia plc, Hammer Nutrition and MRM among others. Superior nutrition, premiumized offerings and sustainability of plant based protein powders are some of the major factors offering lucrative growth opportunities for the overall plant based protein powders market.

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This study forecasts revenue and volume growth at global, regional, and country levels from 2016 to 2026. Fior Market Research has segmented the global vegan protein powder market on the basis of below-mentioned segments:

Global Vegan Protein Powder Market by Type:

  • Vegetable
  • Nuts
  • Others

Global Vegan Protein Powder Market by Application:

  • Adult Male
  • Adult Female
  • Youth
  • Others

Global Vegan Protein Powder Market by Region:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East and Africa         
    • UAE
    • South Africa

1. Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Research Scope
    1.4. Currency
 

2. Research Methodology and Assumptions
 

3. Executive Summary
 

4. Premium Insights
    4.1. Porter’s Five Forces Analysis
    4.2. Value Chain Analysis
    4.3. Top Investment Pockets
          4.3.1. Market Attractiveness Analysis By Type
          4.3.2. Market Attractiveness Analysis By Application
          4.3.3. Market Attractiveness Analysis By Region
    4.4. Industry Trends
 

5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
          5.2.1. Positive outlook for the sport nutrition industry
          5.2.2. Emerging fitness trends leading to high demand for protein-rich diet
          5.2.3. Rising importance of plant-based nutrition
    5.3. Restrains
          5.3.1. Fluctuating prices of raw materials
          5.3.2. Flavor profiles of plant based protein powder requires improvements
    5.4. Opportunities
          5.4.1. Surge in the vegan population
          5.4.2. Increase in number of fitness centres and wellness clubs
    5.5. Challenges
          5.5.1. Threat by substitutes such as animal protein powder
 

6. Global Vegan Protein Powder Market Analysis and Forecast, By Type
    6.1. Segment Overview
    6.2. Vegetable
    6.3. Nuts
    6.4. Others
 

7. Global Vegan Protein Powder Market Analysis and Forecast, By Application
    7.1. Segment Overview
    7.2. Adult Male
    7.3. Adult Female
    7.4. Youth
    7.5. Others
 

8. Global Vegan Protein Powder Market Analysis and Forecast, By Regional Analysis
    8.1. Segment Overview
    8.2. North America
          8.2.1. U.S.
          8.2.2. Canada
          8.2.3. Mexico
    8.3. Europe
          8.3.1. Germany
          8.3.2. France
          8.3.3. U.K.
          8.3.4. Italy
          8.3.5. Spain
    8.4. Asia-Pacific
          8.4.1. Japan
          8.4.2. China
          8.4.3. India
    8.5. South America
          8.5.1. Brazil
    8.6. Middle East and Africa
          8.6.1. UAE
          8.6.2. South Africa
 

9. Global Vegan Protein Powder Market-Competitive Landscape
    9.1. Overview
    9.2. Market Share of Key Players in the Vegan Protein Powder Market
          9.2.1. Global Company Market Share
          9.2.2. North America Company Market Share
          9.2.3. Europe Company Market Share
          9.2.4. APAC Company Market Share
    9.3. Competitive Situations and Trends
          9.3.1. Product Launches and Developments
          9.3.2. Partnerships, Collaborations, and Agreements
          9.3.3. Mergers & Acquisitions
          9.3.4. Expansions
 

10. Company Profiles
    10.1. WhiteWave Foods
          10.1.1. Business Overview
          10.1.2. Company Snapshot
          10.1.3. Company Market Share Analysis
          10.1.4. Company Type Portfolio
          10.1.5. Recent Developments
          10.1.6. SWOT Analysis
    10.2. Private Label Superfoods
          10.2.1. Business Overview
          10.2.2. Company Snapshot
          10.2.3. Company Market Share Analysis
          10.2.4. Company Type Portfolio
          10.2.5. Recent Developments
          10.2.6. SWOT Analysis
    10.3. Australian Sports Nutrition
          10.3.1. Business Overview
          10.3.2. Company Snapshot
          10.3.3. Company Market Share Analysis
          10.3.4. Company Type Portfolio
          10.3.5. Recent Developments
          10.3.6. SWOT Analysis
    10.4. Health Warrior
          10.4.1. Business Overview
          10.4.2. Company Snapshot
          10.4.3. Company Market Share Analysis
          10.4.4. Company Type Portfolio
          10.4.5. Recent Developments
          10.4.6. SWOT Analysis
    10.5. Glanbia plc
          10.5.1. Business Overview
          10.5.2. Company Snapshot
          10.5.3. Company Market Share Analysis
          10.5.4. Company Type Portfolio
          10.5.5. Recent Developments
          10.5.6. SWOT Analysis
    10.6. Hammer Nutrition
          10.6.1. Business Overview
          10.6.2. Company Snapshot
          10.6.3. Company Market Share Analysis
          10.6.4. Company Type Portfolio
          10.6.5. Recent Developments
          10.6.6. SWOT Analysis
    10.7. Garden of Life
          10.7.1. Business Overview
          10.7.2. Company Snapshot
          10.7.3. Company Market Share Analysis
          10.7.4. Company Type Portfolio
          10.7.5. Recent Developments
          10.7.6. SWOT Analysis
    10.8. MRM
          10.8.1. Business Overview
          10.8.2. Company Snapshot
          10.8.3. Company Market Share Analysis
          10.8.4. Company Type Portfolio
          10.8.5. Recent Developments
          10.8.6. SWOT Analysis


List of Table

  1. Global Vegan Protein Powder Market, By Type, 2016–2026 (USD Million)(Kilograms)
  2. Global Vegetable Market, By Region, 2016–2026 (USD Million)(Kilograms)
  3. Global Nuts Market, By Region, 2016–2026 (USD Million)(Kilograms)
  4. Global Others Market, By Region, 2016–2026 (USD Million)(Kilograms)
  5. Global Vegan Protein Powder Market, By Application, 2016–2026 (USD Million)(Kilograms)
  6. Global Adult Male Vegan Protein Powder Market, By Region, 2016–2026 (USD Million)(Kilograms)
  7. Global Adult Female Vegan Protein Powder Market, By Region, 2016–2026 (USD Million)(Kilograms)
  8. Global Youth Vegan Protein Powder Market, By Region, 2016–2026 (USD Million)(Kilograms)
  9. Global Others Vegan Protein Powder Market, By Region, 2016–2026 (USD Million)(Kilograms)
  10. Global Vegan Protein Powder Market, By Region, 2016–2026 (USD Million)(Kilograms)  
  11. Global Vegan Protein Powder Market, By North America, 2016–2026 (USD Million)(Kilograms)
  12. North America Vegan Protein Powder Market, By Type, 2016–2026 (USD Million)(Kilograms)
  13. North America Vegan Protein Powder Market, By Application, 2016–2026 (USD Million)(Kilograms)
  14. U.S. Vegan Protein Powder Market, By Type, 2016–2026 (USD Million)(Kilograms)
  15. U.S. Vegan Protein Powder Market, By Application, 2016–2026 (USD Million)(Kilograms)
  16. Canada Vegan Protein Powder Market, By Type, 2016–2026 (USD Million)(Kilograms)
  17. Canada Vegan Protein Powder Market, By Application, 2016–2026 (USD Million)(Kilograms)
  18. Mexico Vegan Protein Powder Market, By Type, 2016–2026 (USD Million)(Kilograms)
  19. Mexico Vegan Protein Powder Market, By Application, 2016–2026 (USD Million)(Kilograms)
  20. Europe Vegan Protein Powder Market, By Type, 2016–2026 (USD Million)(Kilograms)
  21. Europe Vegan Protein Powder Market, By Application, 2016–2026 (USD Million)(Kilograms)
  22. Germany Vegan Protein Powder Market, By Type, 2016–2026 (USD Million)(Kilograms)
  23. Germany Vegan Protein Powder Market, By Application, 2016–2026 (USD Million)(Kilograms)
  24. France Vegan Protein Powder Market, By Type, 2016–2026 (USD Million)(Kilograms)
  25. France Vegan Protein Powder Market, By Application, 2016–2026 (USD Million)(Kilograms)
  26. U.K. Vegan Protein Powder Market, By Type, 2016–2026 (USD Million)(Kilograms)
  27. U.K. Vegan Protein Powder Market, By Application, 2016–2026 (USD Million)(Kilograms)
  28. Italy Vegan Protein Powder Market, By Type, 2016–2026 (USD Million)(Kilograms)
  29. Italy Vegan Protein Powder Market, By Application, 2016–2026 (USD Million)(Kilograms)
  30. Spain Vegan Protein Powder Market, By Type, 2016–2026 (USD Million)(Kilograms)
  31. Spain Vegan Protein Powder Market, By Application, 2016–2026 (USD Million)(Kilograms)
  32. Asia Pacific Vegan Protein Powder Market, By Type, 2016–2026 (USD Million)(Kilograms)
  33. Asia Pacific Vegan Protein Powder Market, By Application, 2016–2026 (USD Million)(Kilograms)
  34. Japan Vegan Protein Powder Market, By Type, 2016–2026 (USD Million)(Kilograms)
  35. Japan Vegan Protein Powder Market, By Application, 2016–2026 (USD Million)(Kilograms)
  36. China Vegan Protein Powder Market, By Type, 2016–2026 (USD Million)(Kilograms)
  37. China Vegan Protein Powder Market, By Application, 2016–2026 (USD Million)(Kilograms)
  38. India Vegan Protein Powder Market, By Type, 2016–2026 (USD Million)(Kilograms)
  39. India Vegan Protein Powder Market, By Application, 2016–2026 (USD Million)(Kilograms)
  40. South America Vegan Protein Powder Market, By Type, 2016–2026 (USD Million)(Kilograms)
  41. South America Vegan Protein Powder Market, By Application, 2016–2026 (USD Million)(Kilograms)
  42. Brazil Vegan Protein Powder Market, By Type, 2016–2026 (USD Million)(Kilograms)
  43. Brazil Vegan Protein Powder Market, By Application, 2016–2026 (USD Million)(Kilograms)
  44. Middle East and Africa Vegan Protein Powder Market, By Type, 2016–2026 (USD Million)(Kilograms)
  45. Middle East and Africa Vegan Protein Powder Market, By Application, 2016–2026 (USD Million)(Kilograms)
  46. UAE Vegan Protein Powder Market, By Type, 2016–2026 (USD Million)(Kilograms)
  47. UAE Vegan Protein Powder Market, By Application, 2016–2026 (USD Million)(Kilograms)
  48. South Africa Vegan Protein Powder Market, By Type, 2016–2026 (USD Million)(Kilograms)
  49. South Africa Vegan Protein Powder Market, By Application, 2016–2026 (USD Million)(Kilograms)

List of Figures 

  1. Global Vegan Protein Powder Market Segmentation
  2. Vegan Protein Powder Market: Research Methodology
  3. Market Size Estimation Methodology: Bottom-Up Approach
  4. Market Size Estimation Methodology: Top-Down Approach
  5. Data Triangulation
  6. Porter’s Five Forces Analysis
  7. Value Chain Analysis
  8. Global Vegan Protein Powder Market Attractiveness Analysis By Type
  9. Global Vegan Protein Powder Market Attractiveness Analysis By Application
  10. Global Vegan Protein Powder Market Attractiveness Analysis By Region
  11. Global Vegan Protein Powder Market: Dynamics
  12. Global Vegan Protein Powder Market Share by Type (2018 & 2026)
  13. Global Vegan Protein Powder Market Share by Application (2018 & 2026)
  14. Global Vegan Protein Powder Market Share by Regions (2018 & 2026)
  15. Global Vegan Protein Powder Market Share by Company (2019)


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