Global Protein Crisps Market Size study & Forecast, by Product Type (Gluten-Free Protein Crisps, Soy-Free Protein Crisps, and Vegan Protein Crisps), by Flavor (Vanilla, Chocolate, Peanut Butter, and Mocha), by Packaging (Pouches and Cartons), by Distribut

Global Protein Crisps Market Size study & Forecast, by Product Type (Gluten-Free Protein Crisps, Soy-Free Protein Crisps, and Vegan Protein Crisps), by Flavor (Vanilla, Chocolate, Peanut Butter, and Mocha), by Packaging (Pouches and Cartons), by Distribution Channel (B2B, B2C) and Regional Analysis, 2022-2029

Global Protein Crisps Market is valued at approximately USD 2.41 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.2 % over the forecast period 2022-2029. Protein Crisps are healthy snacks alternative, which are low in fat and high in proteins. Protein crips come in different formats and flavors including soy-free, vegan, vanilla, peanut butter, marshmallows, etc. The increasing demand for protein supplements and growing preference towards high protein and low-fat snacks are key factors accelerating the market growth.

The increasing demand for protein and dietary supplements is contributing towards the growth of the Global Protein Crisps Market. For instance, according to Statista – in 2021, the global sports nutrition and supplements market was valued at USD 44.43 billion and is expected to grow to USD 85.7 billion by 2030. Moreover, in 2021, the global protein market was estimated at USD 72 billion, and the market is projected to grow to USD 114.6 billion by 2030. Also, growing emergence of d2c brands and increasing number of health-conscious individuals would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of Protein Crisps stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Protein Crisps Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the presence of leading market players and increasing consumption of dietary supplements in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising millennials and target populations, and increasing penetration of direct to consumers brands, coupled with rising number of health-conscious individuals.

Major market players included in this report are:
Snack Food and Wholesale Bakery
Vega
ERIE group of companies
GlückBrands
ProtiDiet
Quest Nutrition
Shrewd Food
TORQ Ltd.
Tyson Foods Inc.
BSN Protein

Recent Developments in the Market:
 In April 2021, PureFit has rolled out a brand-new line of protein bars named Protein Crisp. This new bar is non-GMO and gluten-free and would be available through www.purefit.com, TMall, and Amazon.

 In Oct 2021, Illinois, USA based Think! Has announced the launch of its new High Protein Crisp collection. This new crisp collection would be available in chocolate crisp and lemon crisp flavors, and contain 15 g of protein, 2 g of sugar and 150 calories.

Global Protein Crisps Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product Type, Flavor, Packaging, Distribution Channel, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type
Gluten-Free Protein Crisps
Soy-Free Protein Crisps
Vegan Protein Crisps

By Flavor
Vanilla
Chocolate
Peanut Butter
Mocha

By Packaging
Pouches
Cartons

By Distribution Channel
B2B
B2C

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Companies Mentioned

Snack Food and Wholesale Bakery
Vega
ERIE group of companies
GlückBrands
ProtiDiet
Quest Nutrition
Shrewd Food
TORQ Ltd.
Tyson Foods Inc.
BSN Protein

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