Global Natural Protein Powder Market 2019-2023| Increasing Health Consciousness to Boost Demand| Technavio

Global Natural Protein Powder Market 2019-2023| Increasing Health Consciousness to Boost Demand| Technavio

LONDON–(BUSINESS WIRE)–The global natural protein powder market is expected to post a CAGR of
over 8% during the period 2019-2023, according to the latest market
research report by Technavio.

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 2019-202
3
also provides an analysis of the most important trends expected to
impact the market outlook during the forecast period. Technavio
classifies an emerging trend as a major factor that has the potential to
significantly impact the market and contribute to its growth or decline.

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only:
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market snapshot before purchasing

In this report, Technavio highlights increasing health consciousness as
one of the key emerging trends in the global natural protein powder
market:

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.

“Apart from increasing health consciousness, the increasing
popularity of e-commerce platforms for sales, the increasing global
vegan population are some other major aspects that are expected to boost
the growth of the global natural protein powder market, during the
forecast period,”
says a senior analyst at Technavio.

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.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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