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:
The growing consumer demand for tailored dietary solutions that align with their individual health goals, boosting the integration of seed protein supplements into personalized nutrition plans, is favoring the market growth.
Additionally, the increasing interest in organic and non-genetically modified organism (GMO) seed protein supplements, as consumers become more conscious of the quality and source of their food, is fueling the market growth. Besides this, the growth of e-commerce platforms that enable consumers to easily access a wide variety of personalized, organic, and non-GMO seed protein supplements is enhancing the market growth.
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Factors Affecting the Growth of the Seed Protein Supplements Industry:
- Rising Health Awareness and Lifestyle Changes:
The increasing emphasis on health and wellness is one of the major factors boosting the market growth.
Moreover, the rising consciousness among consumers about their dietary habits, coupled with the growing awareness of the benefits of plant-based diets, is creating a positive outlook for the market growth. In line with this, the heightened adoption of seed protein supplements that are derived from sources like chia, hemp, and pumpkin seeds is catalyzing the market growth. Apart from this, the rising popularity of veganism and vegetarianism, boosting the use of protein sources that fit their dietary restrictions, is enhancing the market growth.
- Expansion of the Functional Food and Beverage (FB) Industry:
The growing utilization of seed protein supplements in the functional FB industry is fostering the market growth.
Moreover, the increasing demand among consumers for foods that satisfy their hunger and contribute to their overall well-being is boosting the market growth. In line with this, the heightened addition of seed protein supplements to a variety of products, such as protein bars, shakes, smoothies, and baked goods, to enhance their nutritional profile is acting as a growth-inducing factor. Apart from this, the rising versatility of seed proteins as it allows manufacturers to innovate and create products that cater to various consumer needs, such as gluten-free, dairy-free, and allergen-free options is enhancing the market growth.
- Rapid Technological Advancements in Protein Extraction and Processing:
The rising advancements in extraction and processing technologies are contributing to the market growth.
Moreover, the recent technological innovations that improve the efficiency and quality of protein extraction, making seed proteins more competitive with other protein sources, are fueling the market growth. Besides this, the introduction of techniques such as enzymatic hydrolysis, membrane filtration, and cold-press extraction that enhance the purity, solubility, and functional properties of seed proteins is boosting the market growth. These advancements allow manufacturers to produce seed protein supplements that meet the high standards of taste, texture, and nutritional value expected by consumers.
Seed Protein Supplements Market Report Segmentation:
By Seed Type:
- Hemp
- Pumpkin
- Sunflower
- Others
Based on the seed type, the market has been classified into hemp, pumpkin, sunflower, and others.
By Form:
- Powder
- Protein Bars
- Ready-to-Drink Shakes
- Others
Powder accounted for the largest market share due to their versatility, ease of mixing, and longer shelf life.
By End Use:
- Sports Nutrition
- Supplement Nutrition
Sports nutrition represented the largest segment owing to the growing emphasis on fitness and muscle recovery.
By Distribution Channel:
- Online/E-commerce
- Chemists/Pharmacies
- Hypermarkets and Supermarkets
- Health Food Shops
- Others
Hypermarkets and supermarkets dominated the market share as these stores offer wide product availability and the convenience of one-stop shopping.
Regional Insights:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
North America's dominance in the seed protein supplements market is attributed to the high consumer awareness and a strong focus on health and wellness.
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
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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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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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