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Pea Protein Market Share, Size, Analysis, Growth, Strategies, Regional Outlook, Trends and Forecasts to 2024 | Hexa Research
"Global Pea Protein Market Will Witness Rapid Growth From 2016 To 2024."
Pea protein is a food additive, majorly used in cheese and yogurt. The pea protein market is predicted to grow due to health consciousness among consumers and demand of pea protein supplements. Renewed interest in gluten-free products, acceptance of meat substitutes amid the lactose intolerance levels among teens is augmenting market demand. Plant-based supplements made from wheat, canola, and soy can pose a market challenge. But development of novel products could open up new market avenues. The global Pea Protein Market is segmented according to products, applications, and regions. Products include textured pea protein, isolates, and concentrates. Meat substitutes and sports nutrition supplements are manufactured using isolates. This can be on a ccount of high amino acid content, high solubility, and good water binding. Textured pea proteins are heavily used in dairy supplements and beverages owing to their similar appearance to meat. Pea concentrates used in beverages, aquafeed, and foods constitute about 75% protein. Dietary supplements, sports supplements, meat substitutes, nutraceuticals, and others are major market applications. Dietary supplements are the largest application of the pea protein market on account of consumer awareness about nutraceuticals. Concerns regarding meat allergies will spur the demand for meat substitutes. It will be the fastest growing application over the forecast period (2016 -2024). Browse Details of Report @ https://www.hexaresearch.com/research-report/pea-protein-market
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