Plant-Based Protein Supplements Market_Blog

1. Plant-Based Protein Supplements Market Set to Skyrocket to $9.57 Billion by 2027: A 7.8% CAGR Forecast Key Players Transforming the Landscape of Plant-Based Protein Supplements [28-09-2023] - The Plant-Based Protein Supplements Market is poised to reach a staggering $9.57 billion by 2027, marking a significant compound annual growth rate (CAGR) of 7.8% during the forecast period from 2020 to 2027. This unprecedented growth is underpinned by shifting consumer preferences towards plant-based nutrition, the booming sports and health nutrition industries, a rising inclination towards veganism, and the surging demand for personalized nutrition. Plant-based proteins, crucial macronutrients, play a pivotal role in bolstering muscle and bone health while fortifying the immune system. Retail sales of plant-based food and beverage products have witnessed exponential growth, outpacing overall grocery sales in recent years. This burgeoning market, coupled with an increasing demand for protein supplements, has led to a surge in the popularity of plant-based protein supplements. However, it's not without its challenges, as consumer preference for whey-based protein supplements and the growing preference for soy- and gluten-free products present hurdles to market growth. Top 10 Powerhouses Redefining the Plant-Based Protein Supplements Market: https://meticulousblog.org/top-10-companies-in-plant-based-protein-supplements-market/ Key Market Players: Glanbia Plc - Founded in 1997, headquartered in Kilkenny, Ireland, Glanbia Plc is a global leader in the research, development, and marketing of nutritional solutions. It operates through Glanbia Nutritionals and Glanbia Performance Nutrition, offering a diverse portfolio of plant-based protein supplements across 130 countries. NOW Health Group, Inc. - Established in 1968 and based in Bloomingdale, U.S., NOW Health Group, Inc. specializes in manufacturing and distributing dietary supplements, natural foods, and sports nutrition products. With a presence in over 60 countries, it offers a range of plant-based protein supplements. Nutiva Inc. - Headquartered in California, U.S., Nutiva Inc. was founded in 1999. It focuses on manufacturing organic food products, including hemp and coconut-based plant-based protein supplements, primarily serving the North American market. The Simply Good Foods Company - Founded in 2010, this Colorado-based company develops, manufactures, and distributes nutrition bars, ready-to-drink shakes, and confectionery products. Quest Nutrition, a brand under The Simply Good Foods Company, provides plant-based protein bars worldwide. Iovate Health Sciences International Inc. - Founded in 1995 and headquartered in Oakville, Canada, Iovate Health Sciences International Inc. specializes in manufacturing health and nutrition supplements. Its brand, Purely Inspired, offers plant-based protein supplements in over 140 countries.

2. MusclePharm Corporation - Founded in 2006 and headquartered in California, U.S., MusclePharm Corporation is a leading developer, manufacturer, marketer, and distributor of branded nutritional supplements, catering to fitness enthusiasts worldwide. Kerry Group Plc - Established in 1972 and headquartered in Tralee, Ireland, Kerry Group Plc specializes in research, development, and the manufacture of functional ingredients and actives for the food, beverage, and pharmaceutical industries, including plant-based protein supplements. CytoSport, Inc. - Founded in 1998 and headquartered in California, U.S., CytoSport, Inc. is a subsidiary of Pepsico Inc. The company manufactures and distributes nutritional products for professional and amateur athletes, including plant-based protein supplements. The Nature’s Bounty Co. - Founded in 1971 and headquartered in New York, U.S., The Nature’s Bounty Co. is renowned for manufacturing vitamins, dietary supplements, minerals, herbals, protein bars, and powders, including plant-based protein supplements. Reliance Vitamin Company, Inc. - Established in 1978 and headquartered in New Jersey, U.S., Reliance Vitamin Company, Inc. specializes in manufacturing private-label nutritional supplements, offering plant-based protein supplements for sports nutrition in North America. Here are the top 10 companies operating in the Plant-based Protein Supplements Market : https://meticulousblog.org/top-10-companies-in-plant-based-protein-supplements-market/ For media inquiries and additional information, please contact: Mr. Khushal Bombe Meticulous Market Research Inc. 1267 Willis St, Ste 200 Redding, California, 96001, U.S. USA: +1-646-781-8004 Europe : +44-203-868-8738 APAC: +91 744-7780008 Email- sales@meticulousresearch.com Visit Our Website: https://www.meticulousresearch.com/ Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research About Meticulous Research: Meticulous Research is a leading global market research company providing market insights and consulting services to clients across the globe. We provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.