Global Plant Based Protein Supplements Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Raw Material;

Soy, Spirulina, Pumpkin Seed, Hemp, Rice, Pea, and Others.

By Product;

Protein Powder, Protein Bars, Ready- to-Drink (RTD), and Others.

By Distribution Channel;

Supermarket, Online Stores, DTC, and Others.

By Application;

Sports Nutrition and Additional Nutrition.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn816570233 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Plant Based Protein Supplements Market (USD Million), 2021 - 2031

In the year 2024, the Global Plant Based Protein Supplements Market was valued at USD 6,390.78 million. The size of this market is expected to increase to USD 10,671.86 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.6%.

The Global Plant-Based Protein Supplements Market has been experiencing substantial growth in recent years. This upward trend is largely driven by increasing consumer awareness about the health benefits of plant-based diets and the environmental impact of animal agriculture. As more individuals adopt vegetarian, vegan, or flexitarian lifestyles, the demand for protein sources derived from plants has surged. These supplements are favored for their high nutritional value, ease of digestion, and lower allergenic potential compared to animal-based proteins.

The market is segmented by product type, including protein powder, bars, and ready-to-drink (RTD) beverages. Protein powder is the most dominant segment, primarily due to its widespread use among athletes and fitness enthusiasts for muscle recovery and growth. However, protein bars and RTD beverages are gaining popularity for their convenience and portability, catering to the needs of busy consumers seeking quick and nutritious options. Additionally, these products are available in various flavors and formulations, appealing to a broad range of taste preferences and dietary requirements.

Geographically, North America holds the largest share of the plant-based protein supplements market, attributed to the high consumer awareness and availability of a wide range of products. Europe follows closely, driven by a strong trend towards healthy eating and sustainable living. The Asia-Pacific region is anticipated to witness the fastest growth due to rising disposable incomes, urbanization, and increasing health consciousness among consumers. Overall, the global market for plant-based protein supplements is poised for continued expansion, fueled by innovation in product development and the growing acceptance of plant-based nutrition.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Raw Material
    2. Market Snapshot, By Product
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Global Plant Based Protein Supplements Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Health Consciousness and Dietary Preferences
        2. Environmental and Ethical Concerns
        3. Innovation and Product Development
      2. Restraints
        1. Taste and Texture Challenges
        2. Higher Cost
        3. Allergen Concerns
      3. Opportunities
        1. Expanding Product Range
        2. Growing Popularity in Sports Nutrition
        3. Geographical Expansion
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Plant Based Protein Supplements Market, By Raw Material, 2021 - 2031 (USD Million)
      1. Soy
      2. Spirulina
      3. Pumpkin Seed
      4. Hemp
      5. Rice
      6. Pea
      7. Others
    2. Global Plant Based Protein Supplements Market, By Product, 2021 - 2031 (USD Million)
      1. Protein Powder
      2. Protein Bars
      3. Ready- to-Drink (RTD)
      4. Others
    3. Global Plant Based Protein Supplements Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Supermarket
      2. Online Stores
      3. DTC
      4. Others
    4. Global Plant Based Protein Supplements Market, By Application, 2021 - 2031 (USD Million)
      1. Sports Nutrition
      2. Additional Nutrition
    5. Global Plant Based Protein Supplements Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Glanbia plc
      2. MusclePharm Corporation
      3. CytoSport, Inc
      4. Quest
      5. Amway

  7. Analyst Views
  8. Future Outlook of the Market