The global demand for Textured Pea Protein 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. Regarding volume, the market was calculated XX Kilo Tons in 2021 and forecast to touch XX Kilo Tons by 2028 with a CAGR of XX% during 2022-2028.
Textured pea protein is an excellent alternative to wheat and soy products because it is non-GMO and has low allergenicity. Yellow peas and green peas are the most common textured pea protein products. It is both organic and conventional, with various processing methods such as dry and wet processing. It is used in multiple industries, including food processing, animal feed, nutraceuticals, sports nutrition, baby feeding, cosmetics, personal care, etc. It's a naturally gluten-free and soy-free food with a pleasing taste and texture that works well with a range of components.
Market Dynamics
Two primary drivers are projected to fuel the growth of the worldwide textured pea protein market: biotechnological advances and changing customer tastes. The demand for textured pea protein is growing due to rising consumer interest in plant-based protein. Consumer awareness of a variety of alternative proteins has increased, particularly in developed nations, which is likely to positively impact the demand for textured pea protein. In addition, increased consumer desire for all-natural and organic foods that support healthier lifestyles and eliminate chemical additives is expected to boost demand. The growth of the Textured pea protein market is predicted to be aided by improvements in texture.
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 textured pea protein. The growth and trends of textured pea protein industry provide a holistic approach to this study.
Market Segmentation
This section of the textured pea protein 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 Type
- Isolates
- Concentrates
- Textured
By Form
By Source
- Split Yellow Peas
- Lentils
- Chickpeas
By Application
- Meat Substitutes
- Performance Nutrition
- Functional Foods
- Snacks
- Beverages
- Bakery Products
- Confectionery
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Textured Pea Protein 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 Textured Pea Protein 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 textured pea protein market include Rouquette Freres (France), Puris Foods (US), Ingredeion Inc. (US), Emsland Group (Germany), Fenchem Inc. (US), DuPont (US), and The Scoular Company (US). 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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