The Global Pea Protein Market, market was estimated at around USD 864.6 Mn in 2021 and a CAGR of 13.9% during 2022-2028, to reach around USD 1,892.3 Mn by 2028

UNITED STATES, December 7, 2022 /EINPresswire.com/ -- The global pea protein market Size was worth around USD 864.6 million in 2021 and is estimated to grow to about USD 1,892.3 million by 2028, with a compound annual growth rate (CAGR) of approximately 13.9 percent over the forecast period. The report analyzes the pea protein market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the pea protein market.

Pea protein is considered a complete protein because it includes all nine necessary amino acids. These amino acids are found naturally in protein, which aids in the development and repair of new muscles. Pea proteins are also available in a range of products in different forms that make them easily available for consumption.

𝑹𝒆𝒒𝒖𝒆𝒔𝒕 𝑭𝒓𝒆𝒆 𝑺𝒂𝒎𝒑𝒍𝒆 𝑹𝒆𝒑𝒐𝒓𝒕 𝒐𝒇 @ https://www.zionmarketresearch.com/sample/pea-protein-market


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The global pea protein market is growing at a speedy rate. The rise in inclination towards plant-based products and the increasing trend of veganism are the major factors that are fostering the market's growth. Additionally, pea protein is commonly used to improve the nutritional profile since it contains a variety of amino acids, vitamins, and minerals. Also, foods with a clean label are becoming increasingly popular on the market. Pea protein is normally gluten-free and non-GMO. As a result, it belongs in the clean-label food category. In the food business, rising demand for organic, gluten-free, and non-GMO goods is boosting demand for pea protein. All such factors contribute equally to the growth of the market. Moreover, an increase in demand for ready-to-drink nutritious products, especially in the sports sector, is further adding up to the growth of the market. Furthermore, expanding applications and development of pea protein as a meat replacement are likely to boost the growth of the market during the forecast period. However, the extraction and production of pea protein come at a high cost, which in turn may limit the growth of the market.

Browse the full “Pea Protein Market By Type (Isolates, Concentrates, And Textured), By Form (Dry And Wet), By Source (Yellow Split Peas, Lentils, And Chickpeas), By Application (Meat Substitutes, Performance Nutrition, Functional Foods, Snacks, Beverages, Bakery Products, And Confectionery), And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 – 2028.” Report at https://www.zionmarketresearch.com/report/pea-protein-market

The global pea protein market is bifurcated based on type, form, source, application, and region. By type, the global market is split into concentrates, isolates, and textured. Based on form, the market is categorized into wet and dry. Among these, the dry form accounts for approximately 65 percent of the total. The source segment of the market is divided into lentils, split yellow peas, and chickpeas. Split yellow peas dominate the market, accounting for more than 40% of the total share. The application segment of the market is bifurcated into meat substitutes, performance nutrition, functional foods, snacks, beverages, bakery products, and confectionery. Among these, the meat substitute segment is anticipated to record rapid growth over the forecast period.

Europe is expected to dominate the global pea protein market. Key factors such as rising health consciousness and growing vegan culture in major European countries such as the United Kingdom, Germany, & France are primarily contributing to the market's large share. The presence of major players such as Rouquette Freres, Emsland Group, and Glanbia PLC in the region is also supporting the market expansion. Asia Pacific is projected to be the most lucrative market for pea protein during the coming period. Increasing demand for alternative meat sources, a large number of veg food consumers, and the easy availability of products through different online channels are fueling the market growth in APAC.

𝑫𝒐𝒘𝒏𝒍𝒐𝒂𝒅 𝑭𝒓𝒆𝒆 𝑹𝒆𝒑𝒐𝒓𝒕 𝑷𝑫𝑭 𝑩𝒓𝒐𝒄𝒉𝒖𝒓𝒆: https://www.zionmarketresearch.com/requestbrochure/pea-protein-market

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 & 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞:

Ingredion
Rouquette Freres
Puris Foods
Emsland Group
The Green Labs LLC
Fenchem Inc.
DuPont
A&B Ingredients
The Scoular Company
Glanbia PLC
Axiom Foods Inc.

Recent developments

In January 2020, Merit Functional Food Corp, a joint venture of Burcon Nutrascience Corp, received a co-investment from the Protein Industry (Canada). This breakthrough would boost Merit Functional Food Corp's rapid expansion in the protein production market. It would simplify the production of Burcon's new pea and canola protein components.
In Nov 2021, Roquette celebrated the inauguration of the world's biggest pea protein factory, increasing its position of leadership in the worldwide alternative protein market.

𝑰𝒏𝒒𝒖𝒊𝒓𝒆 𝒎𝒐𝒓𝒆 𝒂𝒃𝒐𝒖𝒕 𝒕𝒉𝒊𝒔 𝒓𝒆𝒑𝒐𝒓𝒕 𝒃𝒆𝒇𝒐𝒓𝒆 𝒑𝒖𝒓𝒄𝒉𝒂𝒔𝒊𝒏𝒈 @ https://www.zionmarketresearch.com/inquiry/pea-protein-market

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐨𝐯𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

Global Pea Protein market is segmented as follows:

By Type

Isolates
Concentrates
Textured

By Form

Dry
Wet

By Source

Split yellow peas
Lentils
Chickpeas

By Application

Meat substitutes
Performance Nutrition
Functional foods
Snacks
Beverages
Bakery products
Confectionery

By Region

North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of the Middle East & Africa

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://www.zionmarketresearch.com/custom/787


𝐅𝐑𝐄𝐐𝐔𝐄𝐍𝐓𝐋𝐘 𝐀𝐒𝐊𝐄𝐃 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍𝐒?

1) Which key factors will influence Pea Protein market growth over 2022-2028?
2) What will be the value of the Pea Protein market during 2022-2028?
3) Which region will contribute notably towards the Pea Protein market value?
4) Which are the major players leveraging the Pea Protein market growth?

“Russia-Ukraine War Impact 2022: Economic Sanctions Imposed by the United States & its Allies on the Russian Federation Negatively Affected the market

The economic sanctions imposed by the U.S. and its allies on the Russian Federation are expected to affect this industry’s growth. Furthermore, the war negatively affected global industries leading to import and export flow disruptions. The dominance of Russia and Roscosmos, a quasi-civilian space agency in the commercial space, affected alternative launch service providers in India, Japan, Europe, and the U.S. These factors negatively affected the market during the war.”

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Table Of Content

Chapter 1. Introduction
1.1. Report description and scope
1.2. Research scope
1.3. Research methodology
1.3.1. Market research process
1.3.2. Market research methodology

Chapter 2. Executive Summary

2.1. Global pea protein market 2016 - 2022(Tons) (USD Million)
2.2. Global pea protein market: Snapshot

Chapter 3. Pea protein Market – Global and Industry Analysis

3.1. Pea protein : Market dynamics
3.2. Market drivers
3.2.1. Drivers of global pea protein market: Impact analysis
3.2.2. Increasing preference towards vegetarian diet
3.3. Market restraints
3.3.1. Restraints of global pea protein market: Impact analysis
3.3.2. Lack of awareness
3.4. Opportunities
3.4.1. Technological advancements in extrusion and processing
3.5. Porter’s five forces analysis
3.6. Market Attractiveness Analysis
3.6.1. Market attractiveness analysis by product
3.6.2. Market attractiveness analysis by type
3.6.3. Market attractiveness analysis by regional

Chapter 4. Global Pea protein Market - Competitive Landscape

4.1. Company market share, 2016
4.1.1. Global pea protein market : company market share, 2016
4.2. Strategic Development
4.2.1. Acquisitions & Mergers
4.2.2. New Product Launch
4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
4.2.4. Research and Development, Type and Regional Expansion
4.3. Product Portfolio

Chapter 5. Global Pea protein Market –Product Analysis

5.1. Global pea protein market: product overview
5.1.1. Global pea protein market revenue share, by product, 2016 - 2022
5.2. Isolates
5.2.1. Global isolates pea protein market, 2016 – 2022 (Tons) (USD Million)
5.3. Concentrated
5.3.1. Global concentrated pea protein market, 2016 – 2022 (Tons) (USD Million)
5.4. Textured
5.4.1. Global textured pea protein market, 2016 – 2022 (Tons) (USD Million)

Chapter 6. Global Pea protein Market – Product Analysis

6.1. Global pea protein market: product overview
6.1.1. Global pea protein market revenue share, by product, 2016 - 2022
6.2. Dietary Supplements
6.2.1. Global dietary supplements pea protein market, 2016 – 2022 (Tons) (USD Million)
6.3. Bakery Goods
6.3.1. Global bakery goods pea protein market, 2016 – 2022 (Tons) (USD Million)
6.4. Meat Substitutes
6.4.1. Global meat substitutes pea protein market, 2016 – 2022 (Tons) (USD Million)
6.5. Beverage
6.5.1. Global beverage pea protein market, 2016 – 2022 (Tons) (USD Million)
6.6. Other
6.6.1. Global other pea protein market, 2016 – 2022 (Tons) (USD Million)

Read More TOC - https://www.zionmarketresearch.com/toc/pea-protein-market

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