The global plant based protein supplements market size is likely to expand at an impressive CAGR of 7.48% due to an increasing demand for vegan sources of proteins. According to a report published by Fortune Business Insights, titled ‘Plant-based Protein Supplements Market Size, Share and Global Trend by Product Type (Soy Protein, Pea Protein, Wheat Protein), Distribution Channel (Mass Merchandisers, Pharmacies/Drugstores, Specialty Stores, Online Retail), and Geography Forecast till 2025,’ the market is likely to increase due to advancements made in deriving vegan sources of protein. According to the report, Fortune Business Insights has predicted the plant based protein supplements market to reach a valuation of US$ 7.38 Billion by the end of 2025. The increase from the 2017 market value of US$ 4.16 Billion, indicates a CAGR of 7.48% during the forecast period.
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https://www.fortunebusinessinsights.com/industry-reports/plant-based-protein-supplements-market-100082