Global Natural Protein Powder Market 2019-2023
A key factor driving the growth of the market is the increasing product
launches. Vendors are introducing new products to cater to evolving
demands. Successful product launches increase revenue flow and expand
the consumer base. They also help in increasing the market share and
provide a competitive edge. For instance, in March 2018, The Organic
Protein Company announced the launch of two new all-natural flavored
organic whey protein products, Raw Cacao & Maca Organic Whey protein,
and Raspberry & Baobab Organic Whey Protein. Therefore, with such
product launches, the market is expected to register a positive outlook
during the forecast period.
This market research report on the global natural protein powder market 2019-2023 also provides an analysis of the most important trends expected to impact the market outlook during the forecast period.
Global natural protein powder market: Increasing health consciousness
One of the positive trends that can influence the growth of natural protein powder market during the forecast period is rising health consciousness. The increasing instances of obesity and related diseases are making consumers more health conscious. This is compelling them to seek food and beverage products that are more natural and lower in fat and calories. Players are coming up with new and natural products that have low fat and calories to cater to the changing demands.
The trend of health and wellness lifestyle is gaining popularity, especially among young consumers in the age group of 18 to 32 years. The number of consumers indulging in fitness activities is increasing globally. Consumers are ready to pay premium prices for products with various functional benefits and those with low fat content. Thus, this demand for healthy food and beverages will help the global natural protein powder market grow during the forecast period.
Global natural protein powder market:
Segmentation analysis
This market research report segments the global natural protein powder market by product (natural plant-based protein powder, other natural protein powder, and natural whey protein powder) and geographical regions (APAC, EMEA, and the Americas).
The Americas led the market in 2018 with a market share of over 48%, followed by EMEA and APAC respectively. However, during the forecast period, the APAC region is expected to register the highest incremental growth followed by the EMEA region.
This market research report on the global natural protein powder market 2019-2023 also provides an analysis of the most important trends expected to impact the market outlook during the forecast period.
Global natural protein powder market: Increasing health consciousness
One of the positive trends that can influence the growth of natural protein powder market during the forecast period is rising health consciousness. The increasing instances of obesity and related diseases are making consumers more health conscious. This is compelling them to seek food and beverage products that are more natural and lower in fat and calories. Players are coming up with new and natural products that have low fat and calories to cater to the changing demands.
The trend of health and wellness lifestyle is gaining popularity, especially among young consumers in the age group of 18 to 32 years. The number of consumers indulging in fitness activities is increasing globally. Consumers are ready to pay premium prices for products with various functional benefits and those with low fat content. Thus, this demand for healthy food and beverages will help the global natural protein powder market grow during the forecast period.
This market research report segments the global natural protein powder market by product (natural plant-based protein powder, other natural protein powder, and natural whey protein powder) and geographical regions (APAC, EMEA, and the Americas).
The Americas led the market in 2018 with a market share of over 48%, followed by EMEA and APAC respectively. However, during the forecast period, the APAC region is expected to register the highest incremental growth followed by the EMEA region.
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