Plant-Based Protein Powder Market Can Grow With Optimum Resources 2023
“Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Plant-Based Protein Powder in these regions, from 2012 to 2023.�
Nov 26, 2020: The global plant-based protein powder market is set to grow at a higher CAGR by 2023 owing to rise in geriatric population and simultaneous need for nutritional supplement. Population in developed countries is now shifting to vegan diet from pills and capsules. Rather, vegetable based protein pills and capsules are gaining a wider attention and is popular among all age groups. Factors such as rise in consumer awareness for vegan diet and rising incidences of cardiovascular diseases and diabetes owing to over consumption of meat products is likely to propel the commercial growth. Rise in concerns pertaining to lactose intolerance and glutamic disorders in the developed economies is more likely to supplement the vertical growth. Rise in popularity of soy products and soy supplements are gaining a heavy traction leading to rise in demand. Product segmentation comprises protein bar and protein powder. Plant-based protein powder market accounts for a significant share owing to rise in gym professionals and the prevalence of social media. Download sample Copy of This Report at: https://bit.ly/2KCydXj North America dominates the international scenario owing to rise in awareness for vegan diet and consumer shift towards vegetarian diet. Apart, mass campaign on social and
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