According to a new report, published by KBV research, The Global Protein Crisps Market size is expected to reach $2.64 billion by 2031, rising at a market growth of 8.1% CAGR during the forecast period.
The Weight Management segment is anticipating a CAGR of 8.3% during (2024 - 2031). Protein crisps appeal to consumers looking for snacks that support weight loss or maintenance goals due to their high protein and low-calorie profiles. Protein promotes satiety, reduces overall calorie intake, and helps individuals adhere to calorie-restricted diets. As a result, protein crisps have become a go-to snack for dieters seeking satisfying yet nutritious options. Additionally, the growing trend of high-protein and low-carb diets, such as keto and paleo, has further driven the demand for protein crisps in the weight management segment.
The Hypermarkets & Supermarkets segment is leading the Global Protein Crisps Market by Distribution Channel in 2023; thereby, achieving a market value of $1.2 billion by 2031. These expansive retail establishments furnish consumers with comprehensive purchasing experience, offering a diverse selection of products, including protein crisps, beneath a single roof. Hypermarkets and supermarkets are the preferred choice of shoppers due to their extensive product selection, convenience, and the ability to compare brands and varieties in person. Well-organized shelves, promotional displays, and in-store discounts further drive sales in this channel.
The Soy Protein Crisps segment obtained a CAGR of 7.8% during (2024 - 2031). Soy protein crisps are a preferred choice among vegetarians, vegans, and consumers with lactose intolerance, as they offer a complete protein source derived entirely from plants. Soy protein’s affordability compared to animal-based proteins and its well-rounded amino acid profile make it a popular alternative in the market. Furthermore, the increasing consumer shift towards plant-based diets and sustainable food sources has fueled the growth of the soy protein crisps segment.
Full Report: https://www.kbvresearch.com/protein-crisps-market/
The North America region dominated the Global Protein Crisps Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $939.8 Million by 2031. The Europe region is exhibiting a CAGR of 7.9% during (2024 - 2031). Additionally, The Asia Pacific region would experience a CAGR of 8.6% during (2024 - 2031).
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