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 Overview:
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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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.
Furthermore, the report features regional and country-wise revenues within the Pea Protein market. Profiles of key players in the global Pea Protein market are extensively covered in the study. The research also outlines investment opportunities, recommendations, and ongoing trends across the global Pea Protein market. As a result of this analysis, major companies operating in the global Pea Protein market will be better equipped to make informed decisions and formulate effective strategies, enabling them to stay at the forefront of the industry's evolution.
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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.
Pea Protein Market Segmentation:
by Type
Isolates
Concentrates
Textured
With more than 58% of the total revenue from the pea protein market in 2023, the isolates category maintained the largest market share. Usually making up the greatest portion, the Isolates segment is mostly linked to yellow pea protein isolate, which is usually obtained from peas grown in North America or Europe. In order to produce protein from pea isolate, the outer shell of the pea is often removed prior to the pea being crushed into flour in regular food industry methods. The other ingredients, such as fiber and starch, are removed by a further filtration process, producing a white precipitate that is distilled into 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
In terms of form, the wet category held the biggest market share for pea protein in 2023 and is anticipated to expand at the fastest rate between 2024 and 2029. Wet pea protein is used as a texturizing additive in baked foods, confections, and meat products. Wet pea protein's fibrous nature is also anticipated to encourage its inclusion in energy supplements and fruit juice blends.
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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)
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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?
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Key Offerings:
- Market Overview
- Market Share
- Market Size
- Forecast by Revenue | 2024−2030
- 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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