According to a new market research report published by Global Insight Services “Pea Protein Market is expected to reach US$ XX bn by 2031”. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Pea protein is a type of protein that is derived from peas. Pea protein is considered to be a complete protein, meaning that it contains all of the essential amino acids that the body needs. Pea protein is also a good source of iron and fiber. Pea protein is often used as a vegan or vegetarian alternative to animal-based proteins, such as whey protein. Pea protein powder can be used to make shakes, smoothies, and baked goods.
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Key Players
- Cargill
- Roquette
- Ajinomoto
- Kerry
- Bunge
- Ingredion
- A&B Ingredients
Key Trends
The key trends in pea protein technology are the increasing demand for plant-based proteins, the development of new protein sources, and the improvement of protein quality.
The demand for plant-based proteins is increasing due to the growing awareness of the health benefits of plant-based diets. Plant-based proteins are lower in saturated fat and cholesterol than animal-based proteins, and they are a good source of fiber and antioxidants.
The development of new protein sources is driven by the need for more sustainable and environmentally friendly protein sources. Pea protein is a sustainable protein source that requires less water and land than animal-based proteins.
Key Drivers
The rising demand for plant-based protein is driven by the growing awareness of the health benefits of plant-based diets, the increasing number of vegans and vegetarians, and the growing popularity of flexitarian diets. Pea protein is a good source of plant-based protein and is a viable alternative to animal-based proteins for vegans, vegetarians, and flexitarians.
The health benefits associated with pea protein include its high protein content, its low fat and carbohydrate content, its high digestibility, and its high levels of essential amino acids. Pea protein is also a good source of iron, magnesium, and potassium.
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Market Segments
By Type
- Pea Protein Isolate
- Pea Protein Concentrate
- Textured Pea Protein
By Form
- Dry
- Liquid
By Application
- Dietary Supplement
- Bakery & Confectionery
- Meat Products & Alternatives
- Beverage
- Others
Reasons to buy Pea Protein Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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With Global Insight Services, you receive:
- 10-year forecast to help you make strategic decisions
- In-depth segmentation which can be customized as per your requirements
- Free consultation with lead analyst of the report
- Excel data pack included with all report purchases
- Robust and transparent research methodology
Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario
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