Global Pea Protein Market: An Overview of the Market Size, Share, and Ongoing Trends
The recent Global Pea Protein Market study by MarkNtel Advisors aims to help readers grasp the whole scenario of the market and the most profitable areas. The report takes a numbers-based approach, breaking down precise data in a straightforward way. It consists information of all the period – past, present, and future. The report covers important topics like customer behavior, industry size, share, ongoing trends, market segments, and leading companies and other valuable aspects related to the industry.
What is the Current Pea Protein Market Size and How Much It Would Grow in the Next 7 Years?
The Global Pea Protein Market size was valued at around USD 1.4 billion in 2022 and is projected to grow at around 8% CAGR during the forecast period, i.e., 2024-30. The growth of the market is likely to be driven primarily by the mounting food requirements of the exponentially rising population globally, increasing consumer preference toward nutrient-rich food like pea protein for an active lifestyle, and an escalating number of vegan population inclining purely on plant-based food products.
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What are the Pea Protein Market Profitable Trends?
Growing Inclination Toward Healthy Lifestyle - With an escalating number of health problems caused due to improper diets & nutrition, the world is witnessing an increasing shift of the population toward a healthy lifestyle, adopting nutritious dietary habits, etc. Growing awareness about health problems like heart issues, obesity, etc., raising due to excessive meat consumption is encouraging people to consume plant-based food with high nutrition. This, in turn, is augmenting the demand for supplements with pea protein and driving the market through 2030. This trend is swiftly emerging across countries like Germany, the UK, France, Australia, the US, & Canada.
What Segments Are Discussed in the Pea Protein Market Report?
The report carefully breaks down the market into different sections, as outlined in the table of content. Each section has a detailed analytics, including sub-sections that spotlight both current and past market sizes. The analysis strives to spot opportunities for quick growth, particularly in the Pea Protein Market.
- By Type
- Isolates
- Textured
- Concentrates
- Others (Hydrolyzed, Fermented, etc.)
- By Form
- Dry
- Wet
- By Nature
- Organic
- Conventional
- By Source
- Chickpeas
- Yellow Split Peas
- Lentils
- By Application
- Performance Nutrition
- Meat Substitutes
- Functional Foods
- Snacks
- Bakery Products
- Beverages
- Confectionery
- By Region
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
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Who are the Leading Companies in the Pea Protein Industry?
A thorough examination of competitors' market share, significant advancements, and key business strategies are discussed under this section. This examination takes into account factors such as overall revenue, market potential, global reach, production capabilities, market initiatives, corporate finances, production facilities, strengths and weaknesses, and investments in research and development.
This report focus on major market participants, including:
- Rouquette Freres
- Ingredion Incorporated
- Puris Protein Llc
- Fenchem Inc.
- Dupont
- Axiom Foods Inc
- Burcon Nutrascience Corp
- Cosucra Groupe Warcoing
- Sotexpro
- Shandong Jianyuan Foods Co., Ltd.
- Yan Tai Shuang Ta Food Co Ltd.
- Et-Chem
- Agt Foods
- The Green Labs Llc
- Nutri-Pea Limited
- Others
scrutinizing their strategies like expansion, partnerships, the development of new products, collaborations, and mergers/acquisitions to uphold their positions in the market.
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Why to Buy this Detailed Analyzed Report?
- Gain insights into the industry's size, share, and growth patterns.
- Stay informed about the latest trends shaping the Pea Protein industry.
- In-depth analysis of factors influencing the industry's growth.
- Insights into potential opportunities and development avenues in the Pea Protein market.
- Understand the current and projected demand dynamics in the Pea Protein industry.
- Make strategic decisions based on a thorough understanding of Pea Protein market demand.
- Navigate the competitive landscape confidently with our industry-focused guide.
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