Pea Protein Market Size, Share, Trends and Growth Industry Forecast Report 2018-2025
Opportunity Analysis and Industry Forecast, 2016-2023
Global Opportunity Analysis and Industry Forecast, 2016-2023
Pages: 258 Tables: 166 Charts: 70
Pea Protein Market
The global pea protein market is strongly driven by the growing demand for plant-based proteins from vegan population. Rising health consciousness, soaring multiple health benefits, and increasing demand for meat protein alternatives have increased the demand for pea protein among consumers. In addition, because of diversity in countries, meat protein is not acceptable by all the customers, and they have been looking for healthy and sustainable meat protein alternatives. In that case, pea protein becomes the best replacement for them because it is natural, easily available, and affordable source of protein, thereby driving the pea protein market.
Pea Protein Market
According to the report published by Allied Market Research, the global Pea Protein Market is expected to reach $32.09 million by 2025, growing at a CAGR of 5.0% and a market volume of 17,892 tons, with a CAGR of 7.7% during the forecast period. The report provides a detailed analysis of the key winning strategies, drivers & opportunities, market share, key segments, top investment pockets and competitive analysis. High nutritional profile of pea proteins, high demand for plant-based proteins from vegan population, and consistent growth in food & beverages industry have fueled the growth of the global pea protein market. On the other hand, increasing market penetration of other proteins, formulation challenges in pea protein products, and low consumer awareness about the same have restrained the growth to some extent. Nevertheless, rising demand for pea-protein-based sports nutrition & weight management products and growing use of pea proteins as alternative protein source for pet foods have created multiple opportunities in the segment.
Pea Protein Market
Based on type, the pea protein isolate segment was contributed to the highest market share in 2017, and is expected to grow at a CAGR of 22.8%. Based on form, the dry based pea protein segment accounted for 72.14% and is anticipated to dominate throughout the forecast period. Based on application, the dietary supplement segment generated the highest market share and is projected to grow at a significant CAGR of 24.2%. Based on geography, the Asia-Pacific region contributed to 18.70% of the pea protein market share in the global pea protein market in 2017 and is predicted to grow at a significant CAGR of 25.0% throughout 2018-2025. Request Report Sample at: https://www.alliedmarketresearch.com/request-sample/4727
Pea Protein Market
• Key BenefitsThis report provides a quantitative analysis of the current trends, estimations, and dynamics of the global pea protein market size for the period of 2018-2025 to identify the prevailing market opportunities. • The key countries in all the majors regions have been mapped based on their market share. • Porters Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier buyer network. • A comprehensive analysis of factors that drive and restrict the growth of the global pea protein market is provided. • An in-depth analysis of the pea protein market segmentation assists in determining the prevailing market opportunities. • The report includes details of the analysis of the regional and global markets, key players, market segments, application areas, and growth strategies.
Pea Protein Market
According to type, the pea protein market is segmented into pea protein isolate, pea protein concentrate, and textured pea protein.
Pea Protein Market
On the basis of application, the pea protein market is classified into dietary supplement, bakery & confectionery good, meat product & alternative, beverage, and others.
Pea Protein Market
By Geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Pea Protein Market
The report provides an analysis of the key players operating in the global pea protein market. They include Roquette Freres Le Romarin, Burcon Nutrascience Corporation, Cosucra Groupe Warcoing SA, Shandong Jianyuan Foods Co., Ltd., Glanbia, Plc., Sotexpro SA, A&B Ingredients, Axiom Foods, Inc., Farbest Brands/Farbest-Tallman Foods Corporation, and Nutri-Pea Limited. These players have adhered to several top-end strategies such as partnerships, collaboration, mergers & acquisitions, and new product launch to strengthen their foothold in the industry. Do Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/4727
Pea Protein Market
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Pea Protein Market
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