IMARC Group, a leading market research company, has recently released a report titled “Seed Protein Supplements Market Report by Seed Type (Hemp, Pumpkin, Sunflower, and Others), Form (Powder, Protein Bars, Ready-to-Drink Shakes, and Others), End Use (Sports Nutrition, Supplement Nutrition), Distribution Channel (Online/E-commerce, Chemists/Pharmacies, Hypermarkets and Supermarkets, Health Food Shops, and Others), and Region 2024-2032”. The study provides a detailed analysis of the industry, including the global seed protein supplements market trends, share, size, and industry trends forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
The global seed protein supplements market size is expected to exhibit a growth rate (CAGR) of 7.8% during 2024-2032.
Global Seed Protein Supplements Market Trends:
Recent advancements in extraction and processing technologies, which are enabling the production of high-quality seed protein supplements with better taste, texture, and nutritional profiles, are boosting the market growth.
Additionally, the rising incidence of lactose intolerance and dairy allergies, resulting in a growing shift toward plant-based protein supplements, is acting as another growth-inducing factor. Besides this, the easy availability of seed protein supplements across various distribution channels, including online platforms, specialty stores, and supermarkets, which is making these products more accessible to a broader audience, is contributing to the market growth.
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Factors Affecting the Growth of the Seed Protein Supplements Industry:
· Rising Consumer Interest in Plant-based Diets:
The surge in consumer interest in plant-based diets is significantly driving the growth of the seed protein supplements market. As more people become aware of the environmental impact and health implications associated with animal-based products, there is a noticeable shift towards plant-based alternatives. Seed protein supplements offer an attractive option due to their high protein content, essential amino acids, and other beneficial nutrients such as fiber and healthy fats. Compared to traditional animal-based protein sources, seed proteins are considered more sustainable and eco-friendlier, aligning with the values of environmentally conscious consumers.
Additionally, plant-based diets are often associated with various health benefits, including improved heart health, weight management, and a reduced risk of chronic diseases. As a result, consumers are increasingly incorporating plant-based proteins, including seed protein supplements, into their daily routines.
· Increasing Awareness of Protein’s Health Benefits:
The growing awareness of the importance of protein in maintaining health is a key driver behind the expansion of the seed protein supplements market. Protein plays a crucial role in various bodily functions, including muscle repair and growth, immune system support, and the production of enzymes and hormones. As consumers become more educated about these benefits, they are seeking out ways to ensure they meet their daily protein requirements. This trend is particularly evident among fitness enthusiasts, athletes, and those engaged in active lifestyles who require higher protein intake to support their physical activities. Seed protein supplements offer a convenient and effective way to boost protein intake without relying on animal-based products.
Additionally, as the global population ages, there is a growing emphasis on maintaining muscle mass and strength, which protein can help preserve.
· Growing Vegan and Vegetarian Population:
The expanding vegan and vegetarian population is another critical factor propelling the growth of the seed protein supplements market. As more individuals adopt plant-based diets for ethical, environmental, and health reasons, the demand for non-animal protein sources has surged. Seeds, such as chia, hemp, pumpkin, and sunflower, are excellent sources of plant-based protein and have become increasingly popular among those avoiding animal products.
Additionally, the global vegan movement has gained substantial momentum in recent years, with more people turning to plant-based diets to reduce their carbon footprint and improve animal welfare. This demographic shift is particularly pronounced among younger generations, who are more likely to embrace ethical consumerism and sustainability. As a result, the market for plant-based protein supplements, including those derived from seeds, has witnessed robust growth.
Seed Protein Supplements Market Report Segmentation:
By Seed Type:
· Hemp
· Pumpkin
· Sunflower
· Others
Based on the seed type, the market has been divided into hemp, pumpkin, sunflower, and others.
By Form:
· Powder
· Protein Bars
· Ready-to-Drink Shakes
· Others
Powder accounted for the largest market share owing to their versatility and ease of incorporation into various foods and beverages, catering to diverse consumer needs.
By End Use:
· Sports Nutrition
· Supplement Nutrition
Sports nutrition represented the largest segment as it requires high protein content for muscle recovery and performance.
By Distribution Channel:
· Online/E-commerce
· Chemists/Pharmacies
· Hypermarkets and Supermarkets
· Health Food Shops
· Others
Hypermarkets and supermarkets hold most of the market share as they offer wide accessibility, variety, and convenience, making them the preferred choice for purchasing seed protein supplements.
Regional Insights:
· Asia Pacific
· Europe
· Latin America
· Middle East and Africa
North America's dominance in the market is attributed to strong health and wellness culture, coupled with high consumer awareness, and purchasing power.
Competitive Landscape with Key Players:
The competitive landscape of the seed protein supplements market size has been studied in the report with the detailed profiles of the key players operating in the market.
Some of These Key Players Include:
· Bioriginal Food & Science Corporation
· Bioway (Xi'An) Organic Ingredients Co. Ltd
· Evo Hemp
· Green Source Organics Inc.
· Hemp Oil Canada Inc
· Manitoba Harvest Hemp Foods
· Naturally Splendid Enterprises Ltd.
· Nutiva Inc.
· YT (XI’AN) Biochem Co. Ltd.
· Z-Company BV
Ask Analyst for Customized Report:
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Key Highlights of the Report:
· Market Performance (2018-2023)
· Market Outlook (2024-2032)
· Market Trends
· Market Drivers and Success Factors
· Impact of COVID-19
· Value Chain Analysis
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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