Home » News » Vegan supplementation sales expected to rise in the next 5 years

The vegan supplement market has seen significant growth in recent years, with plant-based products such as protein powders, multivitamins, and omega-3 supplements becoming increasingly popular. This trend is expected to continue, driven by rising health awareness and the growing number of vegans, vegetarians, and flexitarians.

According to a report by Grand View Research, the global vegan supplement market size was valued at USD 15.3 billion in 2020 and is expected to grow at a CAGR of 10.9% from 2021 to 2028. The report also suggests that the increasing number of fitness enthusiasts and the demand for natural and organic supplements are key factors driving market growth.

As consumers prioritize their health and seek alternative sources of nutrients, the vegan supplement market is poised for continued expansion. With more individuals adopting plant-based diets and a growing interest in animal welfare, the popularity of vegan supplements is expected to rise further in the years to come.