Organic Protein Powder Market Forecast and CAGR
According to the latest study by Fact.MR 2031, the market for smoked garlic is predicted to grow gradually with an estimated CAGR of 8.3. As Proteins are essential nutrients for human health and is highly in demand in regions like North America and Europe. Protein are essential for the human body's proper development and maintenance.
Proteins can be found in a variety of foods. The complete protein is made up of amino acids, meat, eggs, milk, seeds, vegetables, nuts, and other ingredients.
Organic protein powder simply means that the protein is coming without involving the use of pesticides, chemical fertilizers, or other artificial chemicals. Furthermore, the growing trend of clean label goods, in which customers prefer natural products with fewer chemicals and additives, is propelling the global organic protein powder market forward over the forecast period.
Organic Protein Powder Highly in Demand as Consumers are Demanding for Chemical-free and Natural Products
Dairy cows that eat an entirely organic diet have organic protein. Farmers from all over the regions are following stringent rules and regulations enforced by regulatory bodies to obtain organic certification for their livestock. A huge opportunity in the organic protein powder market is attracting manufacturers and farmers to follow the stringent.
Moreover, strict regulations have increased resulting in consumer interest in the authenticity of organic protein, especially in developed economies such as North America and Western Europe, where organic protein is gaining momentum and many key players are adding organic protein to their product portfolios to meet the growing demand.
Moreover, consumers are attracted by chemical-free natural products, also the rising sustainability trends is a major catalyst in the demand for organic protein powder
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Food & Beverages Industry Increasing Demand for Organic and Plant-Based Ingredients
The organic plant-based market can transform the plant protein powder ingredients market as a whole. In 2018 71.5 million hectares of the total land area were managed organically - according to the Research Institute of Organic Agriculture.
Furthermore, in 2018, 2.8 million organic producers were registered worldwide, with India continuing to lead the pack with the most producers. Therefore, the organic protein powder market is expected to expand in tandem with the organic food products market.
Additionally, consumer tastes are shifting toward a more nutritional diet based around a more sustainable lifestyle and less reliance on animal proteins, as shown by evolving consumer preferences.
Furthermore, acceptance of plant-based foods and beverages has increased in recent years as a result of a wider range of product availability, enhanced product production and innovation in plant-based proteins product, and a wider range of viable alternatives and substitutes.
The US and Canada Demand Outlook for Organic Protein Powder Market
North America dominates the organic protein powder market value share as consumers in the US and Canada are more concerned with their body shape and health.
Furthermore, the industry will be propelled by increased awareness of organic products and an expanding organic population, as well as dedicated television and social media advertising organic products campaigns.
Moreover, the rising concern in the United States about obesity and weight control, as well as customer demands to better maintain their hectic lifestyles, has provided a favourable atmosphere for the selling of vegan protein powder. Additionally, investments in sports nutrition science, as well as demand from athletes and the health and wellness industry, boost overall demand.
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Europe Organic Protein Powder Market Outlook
Europe is anticipated to gain high traction in the organic protein powder market as about 70% of consumers in Europe read the front side of the package, which is why food producers are offering clean label goods and stating their clean label on the front side, such as no hormones, grass-fed, organic, and no antibiotics, so on.
The awareness among the population regarding the organic protein powder health benefits and sustainability towards the environment is creating a huge opportunity for the market.
Organic Protein Powder Market: Key Players
Some key manufacturers operating the business in the Organic Protein Powder market globally include
- Harvest Innovations
- Natural Products Inc
- World Food Processing
- The Scoular Company
- Hodgson Mill
- Frank Food Products, Sunopta Inc.
- Agrawal Oil and Biochem
- Biopess S.A.S. and Devansoy Inc.
Organic products are gaining popularity around the world, improving the organic protein powder market's prospects. Organic Protein powder are being introduced by manufacturers in an attempt to meet this increasing demand. Powder form is the most preferred for as it is easily soluble with and liquid and are convenient to carry around also as the shelf is more compared to liquid form organic protein powder have been introduced by a variety of companies in the global organic protein powder industry to promote their use as a organic and chemical-free products.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
An Adaptive Approach to Modern-day Research Needs
Organic Protein Powder Market Report Highlights:
- Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Organic Protein Powder: Market Segmentation
Based on source, the global organic protein powder market can be segmented as:
Based on end-product, the global organic protein powder market can be segmented as:
- Sports Supplement
- Nutritional Bars
Based on Packaging type, the organic protein powder market is segmented into
Based on the region, the global Organic Protein Powder market can be segmented as:
- North America
- U.S. and Canada
- Latin America
- Mexico, Brazil, Peru, Chile, and others
- Western Europe
- Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg
- Eastern Europe
- Poland and Russia
- Asia Pacific
- China, India, Japan, ASEAN, Australia, and New Zealand
- The Middle East and Africa
- GCC, Southern Africa, and North Africa
- North America
NOTE - Although care has been taken to maintain the highest levels of accuracy in Fact.MR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
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