The Pea Protein Market size was valued at USD 592.95 Mn. in 2023 and the total Global Pea Protein Market revenue is expected to grow at a CAGR of 12.02% from 2024 to 2030, reaching nearly USD 1312.46 Mn. by 2030.
Pea Protein Market Report Scope and Research Methodology
The Pea Protein Market report offers a thorough analysis of market trends, growth drivers, and key challenges. It examines various applications of pea protein, including in food and beverages, dietary supplements, and animal feed, segmented by type and region. The research methodology combines quantitative data from market surveys and industry reports with qualitative insights from expert interviews, providing a comprehensive view of current market dynamics and future opportunities.
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Pea Protein Market Dynamics
The Pea Protein Market dynamics are influenced by rising consumer demand for plant-based proteins and increasing awareness of their health benefits. Key drivers include the growth of vegan and vegetarian diets, advancements in protein extraction technologies, and the expanding use of pea protein in various food products and supplements. Market growth is also fueled by concerns over sustainability and allergen-free options, while challenges include competition from other plant-based proteins and fluctuating raw material prices.
Pea Protein Market Regional Insight
Regional insights into the Pea Protein Market reveal significant growth in North America, driven by high consumer demand for plant-based products and increasing product innovations. Europe follows with expanding adoption in food and beverage sectors, supported by a strong trend towards health and wellness. The Asia-Pacific region is emerging as a key market due to rising health consciousness and the growing popularity of plant-based diets.
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Pea Protein Market Segmentation
By Product
Includes isolates
concentrates
textured
hydrolysates
By Form
Dry
wet
By Source
Yellow split peas
chickpeas
lentils
By Application
Food
meat substitutes
performance nutrition
functional foods
snacks
bakery products
confections
other food applications
beverages
other applications
Pea Protein Market Key Players
Roquette Frères (France)
Cargill, Incorporated (US)
Glanbia PLC (Ireland)
Kerry (Ireland)
Ingredion Incorporated (US)
Emsland Group (Germany)
Yantai Shuangta Foods Co, Ltd (China)
The Scoular Company (US)
Burcon Nutrascience Corp (Canada)
Shandong Jianyuan Group (China)
DuPont
Puris Protein Llc
Fenchem Inc.
Dupont
Axiom Foods Inc
Burcon Nutrascience Corp
ET-Chem (China)
AGT Foods and Ingredients (Canada)
The Green Labs LLC (US)
Martin & Pleasance
Key Offerings:
- Past Market Size and Competitive Landscape
- Market Size, Share, Size & Forecast by different segment |
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by Product
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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