Axiom Market Research & Consulting™ added a report on “Pea Protein Market Report, By Product Type, By Product Form, By Application & by Geography – Global Market Share, Trend Analysis & Forecast Up To 2024”. Rich in essential nutrients, the Global Pea Protein Market is expected to witness a rapid growth for demand due to the rising concern for health and wellness among the consumers globally. Pea protein has wide range of applications in snacks, nutritional supplements, meat alternatives & extenders, bakery goods etc. Increasing consumption of grains, increasing concerns regarding cardiovascular diseases, rising awareness among consumers regarding healthy and nutritious diet are the major factors which drive the Global Pea Protein Market. Also, rising vegan population, changing lifestyle of the consumers, rising importance of organic farming are some other factors which are expected to boost the growth of this industry. Low consumer awareness of pea proteins is a major barrier for the growth of the global pea protein market. Consumers are yet to be aware of the positive effects of pea proteins. High cost of pea proteins along with the growing demand for other plant proteins is also restraining the market. Moreover, the rapid market penetration of animal protein is also barring the growth of the global pea protein market. The Global Pea Protein Market can be segmented based on Product type, Product Form, Application and Geography. By product type, the market can be further sub-divided into Pea Protein Isolates, Pea Protein Concentrates and Textured Pea Proteins. Because of high content of amino acids, high solubility, favorable water binding characteristics and good emulsification, Pea Protein Isolates are used in the formulation of meat substitutes. Isolates comprised of protein content was approximately 95%, which found its application as dietary supplements in sports nutrition industry. Download a Sample copy of this Report @ https://axiommrc.com/request-forsample/?report=1669 . Expansion of the sports nutrition sector in developed countries including the U.S., Germany and the UK is likely to boost the product consumption over the years ahead. Isolates was the largest segment that accounted for 51.1% of global industry revenue in 2016. Concentrates are produced by separating the protein of pea seeds from the fibre and starch fractions by the utilization of dry as well as wet processes. These products have properties including high digestibility and good emulsification which promotes their use as sports supplementation and weight control. Pea Protein can be found in dry as well as wet form. Dry based pea protein segment accounted for 72.5% of the total industry revenue in 2016. It is expected to dominate this industry during the forecast period, considering its significant use in the processing of nutritional health supplements, meat, and bakery products. Dry segment is mainly available in powdered form.
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Scope & Analysis of the Report Based on Geography: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America comprises U.S., Canada, and Mexico whereas Europe primarily covers Germany, France, UK, Italy, and Rest of Europe. The key countries included under Asia Pacific are China, Japan, India, Australia, and Rest of Asia Pacific The Global Pea Protein market is led by leading manufacturers:
Roquette Frerers Burcon NutraScience Cosucra-Groupe Warcoing Nutri-Pea Ltd. Sotexpro Axiom Foods Farbest Brands Shandong Jianyuan Yan Tai Shuang Ta Food The Scoular Co. and so on.
Market Segment Based on Applications, can be divided into:
Snacks & Bakery Products Meat extenders & Analogs Nutritional Supplements and Beveages
Get more details about this Report @ https://axiommrc.com/speak-toanalyst/?report=1669 . About Us: Axiom Market Research & Consulting, a global market research firm driven with a simple aim of providing key actionable data to companies for taking informed business decisions pertaining to their marketing strategy, investments, new product launch, market competition etc. Our creative research approaches help us to extract, analyze and compare markets along with peer markets, main or parent market, application and end user industries, competitive landscape and qualitative figures to arrive at market numbers. Backed by a team of experienced analyst, who have worked with leading research firms and delivered number of market research projects globally, Axiom Market Research & Consulting is able to cater to all market research and business consulting requirements. With a worldwide client base, Axiom Market Research & Consulting aims to be a global leader and defacto partner in your company’s growth. Contact Details: Manish Shelar Telephone: +1 (845) 875-9786 (U.S.A) Email: sales@axiommrc.com Website: https://axiommrc.com
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