The global demand for Pea Protein Ingredients Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Pea proteins are becoming a popular alternative to animal and soy proteins due to their high protein content, unique functionality, sustainability, availability, affordability, and hypoallergenicity. Wet extraction, dry fractionation, and, more recently, mild fractionation can all be used to get pea protein ingredients. As a result, commercial pea protein products include flour (20–25% protein), concentrate (50–75% protein), and isolate (>80% protein). Aside from protein concentration, these components differ in chemical composition, which influences their functionality.
Market Dynamics
The pea protein ingredients market is expanding rapidly because of the rising demand for vegan and vegetarian protein ingredients sources. For increasing product quality, businesses are focused on novel products and technologies through substantial research and development. The growing need for protein components in various end-use industries is propelling the pea protein ingredients market forward. Consumers' growing understanding of protein additives' benefits is a substantial factor driving the increased usage of pea protein components. Furthermore, the growing popularity of a high protein diet among consumers is driving up sales of items with high protein ingredients. In addition, as consumers become more aware of pea protein as an alternative to animal-sourced protein, the demand for pea protein ingredients grows.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of pea protein ingredients. The growth and trends of pea protein ingredients industry provide a holistic approach to this study.
Market Segmentation
This section of the pea protein ingredients market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Nature
By Form
By Application
- Food And Beverages
- Bakery & Confectionery
- Sweet & Savory Snacks
- Soups And Sauces
- Meat Substitutes
- Functional Food
- Dietary Supplements
- Infant Nutrition
- Animal Feed
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Pea Protein Ingredients market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Pea Protein Ingredients Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the pea protein ingredients market include Cargill Incorporated, Archer Daniels Midland Company, Kerry Group PLC, Roquette Frères S.A, PLT Health Solutions, Axiom Foods, Inc., Prinova Group LLC, Burcon NutraScience Corporation, A & B Ingredients Inc, Cosucra Groupe Warcoing SA, The Scoular Company, Emsland Group, Cambridge Commodities Inc. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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