Plant-Based Protein Supplements Market , 2023 – 2032

The plant-based protein supplements market, valued at $8.64 billion in 2022, is projected to grow at a CAGR of 6.2% throughout the forecast period. This growth is primarily attributed to the increasing prevalence of vegan and vegetarian lifestyles. As individuals adopt plant-based diets, there is a rising demand for protein supplements sourced from plants, eliminating the reliance on animal-derived sources. Furthermore, the growing awareness of the health benefits associated with plant-based diets fuels the demand for plant-based protein supplements, as consumers become more mindful of their nutritional choices and their impact on overall well-being.