Pea Peptones Market Forecast and CAGR
According to the latest research, Pea Peptones Market is expected to witness significant growth during the forecasted year 2021-2031. Health benefits associated with the consumption of pea peptones is expected to propel growth to the pea peptones market.
Understanding this growing demand for clean label products several food products manufacturers started introducing clean label versions of their food products with claims such as NON-GMO and many other. This growth in clean-label food products is also triggering growth to the clean label ingredients used in the food industry which is propelling growth to the pea peptone market.
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Key Segments
By Packaging Size
Below 10 Kg
11-30 Kg
Above 30 Kg
By Application
Food industry
Pharmaceutical Industry
Research Industry
Other Industries
By Region
North America
US & Canada
Latin America
Brazil, Mexico, Others
Western Europe
EU5
Nordics
Benelux
Eastern Europe
Asia Pacific
Australia and New Zealand (ANZ)
Greater China
India
ASEAN
Rest of Asia Pacific
Japan
Middle East and Africa
GCC Countries
Other Middle East
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Who are the key manufacturers and suppliers of Pea Peptones?
Some of the leading manufacturers of pea peptones are
Nu-Tek BioSciences
LLC.Solabia Group
Suboneyo Chemicals Pharmaceuticals
ORGANOTECHNIE
Azelis
STBIO MEDIA INC.
Arun and Co.
Kerry Group
These are the key players driving market demand for pea peptones and they are investing in adopting advanced technology to manufacture pea peptones.
The US and Canada Pea Peptones Market
From the past few years, the US and Canada have become significant markets for pea peptones and it is expected to show significant growth in the forecasted period 2021-2031.
The growing use of pea peptones in pharmaceutical industries is one of the key reasons behind the growth of the pea peptone market in the US and Canada. For the past few years, a huge consumer base in the US and Canada are facing allergic issues due to ingredients used in pharmaceutical products.
Due to the increase in the number of consumer-facing allergic issues with the ingredients used in pharmaceutical products several pharmaceutical product manufacturers are replacing their allergic ingredients with non-allergenic ingredients like pea peptones. This increasing use of non-allergenic ingredients in the pharmaceutical industry is expected to propel growth to the pea peptone market.
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