Flax Protein Powder Market to Significant Growth Foreseen by 2018 – 2028
Market Outlook: Flax Protein Powder Market
Vegetarian food products have made an especially strong breakthrough in the North American and European market in the past five years, and ‘plant-based products’ corresponded with changes in consumer habits has fueled the demand for vegetarian food and other plant-based products such as plant-based protein powder, plant-based milk products, and others. One of the key ingredient product flax protein powder sourced from flaxseed has high demand in developed regions. Increasing demand for plant-based protein powder among health-conscious people and vegan population for the product such as flaxseed protein powder, chia seeds protein powder, pea protein, and others is likely to escalate the market growth of flax protein powder in near future. Flax protein powder is one of the good addition for sports nutrition, pre- and post-workout, snacks, bars, and other products. There is increasing demand for flax protein powder, owing to the rapidly increasing vegan and flexitarian population, and increasing consumer concerns towards environmental and animal rights concerns, and the health benefits of the natural and plant-based protein product. Flax protein powder is enriched with protein, magnesium, fiber, omega-3 fatty acids, and other nutritional contents.
A Drift Vegan, Vegetarian, and Flexitarian Diet is Increasing the Demand for Plant-based Protein Powder across the Global Market
The popularity of plant protein such as flax protein powder is increasing among food manufacturers, dietary supplements manufacturers, and others. Flax protein powder is a rich source of protein and contain more than 30% of protein and also a source of vegetarian omega-3 fatty acids. Flax protein powder contains other essential nutrients that help in maintaining overall weight management and also helps in rebuilding and repairing muscles. Modern consumers read ingredient lists and labels very carefully and want to have full control over what they eat. Plant proteins such as flax protein powder, pea protein, soy protein, and others are easily recognized by consumers and are presumed to be healthy, natural, and nutritious. Increasing consumer shift towards vegetarianism, exorbitant growth in the organic and natural products, and changing perception towards animal-based products, the demand for plant-based products such as flax protein powder is increasing in the global plant-based protein market. On the other side, the price of the flax protein powder is one of the factors that is considered while buying a plant-based protein powder as it is relatively higher in comparison to animal-based protein powder, and this may prohibit the growth of flax protein powder in nature future.
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Global Flax Protein Powder Market: Segmentation
On the basis of nature, global flax protein powder market has been segmented as –
On the basis of end use, global flax protein powder market has been segmented as –
- Food & Beverage Industry
- Breakfast Cereals
- Soups and Salads
- Smoothies & Shakes
- Dietary Supplements
- Nutritional Bars
On the basis of sales channel, global flax protein powder market has been segmented as –
- Business to Business
- Business to Consumer
- Specialty Stores
- Convenience Stores
- Online Retail
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Global Flax Protein Powder Market: Key Players
Some of the key players engaged in the business of flax protein powder market are Glanbia Nutritionals, Bioriginal Food & Science Corporation, Clearspring Ltd., Real Food Source Ltd., The Protein Works, The vegan protein company, Stony Brook WholeHearted Foods, Protein World, and others.