Comprehensive Description of the Pea Protein Market :
The analysis within the Pea Protein Market report encompasses a market forecast, presenting insights into a dynamic and thriving sector. With the report's findings at their disposal, industry stakeholders are equipped to make well-informed decisions. The comprehensive Pea Protein market research serves as a strategic tool to gain a competitive advantage over rivals, securing sustained success within the contemporary economy. Inside the Pea Protein market report analysis, one can find detailed information encompassing various industry facets, spanning methodologies, models, and prominent competitors operating across diverse regions.
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The Pea Protein Market Growth Estimate:
The Pea Protein Market size was valued at USD 592.95 Million in 2023 and the total Pea Protein Market revenue is expected to grow at a CAGR of 12.02% from 2024 to 2030, reaching nearly USD 1312.05 Million.
Pea Protein Market Report Scope and Research Methodology
The primary goal of this report is to present a comprehensive analysis of the Pea Protein market in straightforward language. Utilizing research methodologies like PESTLE and Porter's five forces analysis, market analysts and researchers have conducted an in-depth assessment of the global Pea Protein market. They have provided accurate and dependable market data, along with valuable insights aimed at helping companies achieve a clearer understanding of current and forthcoming industry conditions. The report encompasses a detailed examination of major segments and their contributions to the overall market size in the Pea Protein domain.
Dynamics of the Pea Protein Market:
Demand is predicted to soar during the projection period due to a number of causes, such as the growing popularity of plant-based protein, rising fitness and health trends, and the population's inclination towards veganism and vegetarianism. Pea protein's market potential has also increased because of its adaptability and capacity to offer advantageous properties including emulsification, texture enhancement, and foaming. Anticipated improvements in production techniques could open up a sizable market for pea protein, especially for products that address niche needs like energy balancing, weight loss, muscle rehabilitation, and satiety.
Pea Protein Market Segmentation:
by Type
Isolates
Concentrates
Textured
With over 58% of the total revenue generated by the pea protein market in 2023, the Isolates segment owned the lion's share of the market share based on type. The yellow pea protein isolate, which is generally obtained from peas grown in North America or Europe, is the main focus of the isolates segment, which frequently makes up the greatest portion. To produce protein from pea isolate, the outer shell of the pea is typically removed in accordance with standard food industry processes before the pea is ground into flour. The other ingredients, such as fibre and starch, are removed by a second filtration procedure. This leaves behind a white precipitate, which is then distilled to create pea protein isolate, which is then used to make protein powder.
by Source
Split yellow peas
Lentils
Chickpeas
by Application
Meat substitutes
Performance nutrition
Functional foods
Snacks
Beverages
by Form
Dry
Wet
According to form, the Wet category held the biggest market share for pea protein in 2023 and is predicted to expand at the fastest rate of growth (CAGR) between 2024 and 2029. Wet pea protein is used in baked foods, meat products, and confections as a texturizing agent. Wet pea protein's fibrous nature is also anticipated to encourage its integration into fruit juice blends and energy supplements.
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Pea Protein Market Key players:
Major Pea Protein Providers in North America:
1. DuPont (United States)
2. Ingredion (United States)
3. Puris (United States)
4. The Scoular Company (United States)
5. Burcon (Canada)
6. AGT Food and Ingredients (Canada)
7. The Green Labs LLC. (United States)
8. Axiom Foods, Inc. (United States)
9. Farbest Brands (United States)
Leading Pea Protein Manufacturers in Europe:
1. Roquette Frères (France)
2. Cosucra Groupe Warcoing SA (Belgium)
3. Cosucra (Belgium)
4. Sotexpro (France)
5. Emsland Group (Germany)
6. Glanbia PLC (Ireland)
7. Kerry (Ireland)
Key Players of Pea Protein Market in APAC:
1. Yantai Shuangta Foods Co., Ltd (China)
2. Shandong Jianyuan Group (China)
3. ET-Chem (China)
4. Shandong Xiangchi Jianyuan Bio-Tech Co., Ltd. (China)
5. Fenchem Biotek Ltd. (China)
6. Shandong Huatai Food (China)
7. Shuangta Food (China)
8. Shandong Oriental Herbest Bio-Tech Co., Ltd. (China)
9. Fencol Corporation (China)
Pea Protein Market Regional Insights
The report features Regional Insights that provide clients with comprehensive understanding of the Pea Protein market at a regional scale. Grasping local energy dynamics, economic conditions, political factors, and geographic nuances is crucial for comprehending regional shifts within the Pea Protein market. The interplay of the Pea Protein market significantly influences local developmental strategies. This report encompasses regional considerations influencing the Pea Protein market, as well as their implications for domestic growth within specific countries.
Table of content for the Pea Protein Market includes:
Part 01: Executive Summary
Part 02: Scope of the Pea Protein Market Report
Part 03: Global Pea Protein Market Landscape
Part 04: Global Pea Protein Market Sizing
Part 05: Global Pea Protein Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Key questions answered in the Pea Protein Market report:
- What is the growth potential of the Pea Protein markets?
- Which segment will grow at a steady pace?
- What are the main challenges that the global Pea Protein market could face in the future?
- What are the leading companies in the world market of Pea Protein?
- What are the main trends that have a positive impact on the growth of the market?
- What are the growth strategies envisaged by the players to maintain their grip on the global market for Pea Protein?
Key Offerings:
- Market Overview
- Market Share
- Market Size
- Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments, sub-segments and region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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