Overview:

The global vegan protein powder market is poised for substantial expansion over the coming decade. Projections indicate a market size of USD 5,340.6 million in 2025, escalating to USD 10,604.3 million by 2035. This growth trajectory corresponds to a compound annual growth rate (CAGR) of 7.1% from 2025 through 2035. Increasing health consciousness and the rising popularity of plant-based diets are primary drivers of this market’s expansion.

Consumer preferences are shifting towards vegan and vegetarian lifestyles, spurring demand for plant-derived protein sources. Vegan protein powders are gaining traction as a nutritional supplement across various applications, including sports nutrition and meal replacements.

Innovations in product development and flavor enhancements are making vegan protein powders more appealing to a broader consumer base. Manufacturers are focusing on improving the taste and texture of these powders to mimic their animal-based counterparts.

North America, Europe, and Asia Pacific are key regions contributing significantly to market revenue. The increasing availability of vegan protein powders in supermarkets, specialty stores, and online channels is facilitating market growth.

Key industry players such as Glanbia plc and Nestle S.A. are actively involved in product innovation and market expansion. These companies are introducing new formulations and diversifying their product portfolios to cater to evolving consumer demands.

The market’s future is also influenced by increasing awareness of the environmental impact of traditional protein sources. Vegan protein powders are perceived as a more sustainable alternative, further boosting their market appeal.

Year On Year Growth Chart

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Key Companies Market Share