Plant Based Protein Supplements Market Worth $10.32 Billion By 2028
Plant Based Protein Supplements Industry Overview The global plant based protein supplements market size is expected to reach USD 10.32 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 8.6% from 2020 to 2028. Growing demand for personalized nutrition, inclination towards a vegan diet, and rising interest in plant-based nutrition are key factors fueling market growth. Plant Based Protein Supplements Market Segmentation Grand View Research has segmented the global plant based protein supplements market on the basis of raw material, product, distribution channel, application, and region: Based on the Raw Material Insights, the market is segmented into Soy, Spirulina, Pumpkin Seed, Hemp, Rice, Pea, Others. Soy protein dominated the market with a share of over 60.0% in 2020. The growing prominence of soy protein supplements as a vegetarian protein source, coupled with its composition of ingredients including...