Pea Protein Market Emerging Applications and Forecast 2024-2030

The Pea Protein Market size was valued at USD 592.95 Million in 2023 and the total Pea Protein Market revenue is expected to grow at a CAGR of 12.02% from 2024 to 2030, reaching nearly USD 1312.05 Million.

Pea Protein Market Overview:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Pea Protein Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Pea Protein market, with forecasts outspreading to the year 2030.

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Pea Protein Market Scope and Methodology:

The research methodologies used in this work include SWOT and descriptive analysis. Conducting a comprehensive analysis of the market Pea Protein is the main objective of the research. Numerous techniques, including surveys and questionnaires, are used in research. Following that, methods from mathematics, statistics, and numbers are used to evaluate the data. Both qualitative and quantitative approaches have the potential to change the market's existing state.

Other considerations made when evaluating market potential include direct buyer interactions, R&D projects, innovative R&D approaches, market consolidation and acquisitions, and new industrial processes. In order to perform a SWOT analysis, this study takes into account organizational structure, market trends, portfolio analysis, in-depth analysis, microeconomic variables, and market leaders' strategies.

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Pea Protein Market Regional Insights:

Africa, South Africa, Europe, the Americas, and the Middle East. It is essential to comprehend the intricate dynamics of the global Pea Protein company in the context of regional study. This book lays the groundwork for international trading in goods. The study offers a thorough analysis of the size and growth rate of the Pea Protein market. Present-day business trends are a topic of conversation in many different nations and locales. Asia-Pacific, Europe, the Americas, the Middle East, and South Africa.

Pea Protein Market Segmentation:

by Type

Isolates
Concentrates
Textured

With over 58% of the entire revenue generated by the pea protein market, the isolates segment held the lion's share of the market in 2023. The yellow pea protein isolate, which is generally obtained from peas grown in North America or Europe, is the main focus of the isolates segment, which frequently makes up the greatest portion. To produce protein from pea isolate, the outer shell of the pea is typically removed in accordance with standard food industry processes before the pea is ground into flour. The other ingredients, such as fiber and starch, are removed by a second filtration procedure. This leaves behind a white precipitate, which is then distilled to create pea protein isolate, which is then used to make protein powder. Notably, the industrial manufacturing procedure used to produce pea protein isolate sets it unique from conventional pea protein.

by Source

Split yellow peas
Lentils
Chickpeas

by Application

Meat substitutes
Performance nutrition
Functional foods
Snacks
Beverages

by Form

Dry
Wet

The wet segment held the biggest market share for pea protein in 2023 and is predicted to expand at the fastest rate of compound annual growth (CAGR) from 2024 to 2029. Wet pea protein is used in baked foods, meat products, and confections as a texturizing agent. Wet pea protein's fibrous nature is also anticipated to encourage its integration into fruit juice blends and energy supplements.

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Pea Protein Market Key Players:

Major Pea Protein Providers in North America:

1. DuPont (United States)
2. Ingredion (United States)
3. Puris (United States)
4. The Scoular Company (United States)
5. Burcon (Canada)
6. AGT Food and Ingredients (Canada)
7. The Green Labs LLC. (United States)
8. Axiom Foods, Inc. (United States)
9. Farbest Brands (United States)

Leading Pea Protein Manufacturers in Europe:

1. Roquette Frères (France)
2. Cosucra Groupe Warcoing SA (Belgium)
3. Cosucra (Belgium)
4. Sotexpro (France)
5. Emsland Group (Germany)
6. Glanbia PLC (Ireland)
7. Kerry (Ireland)

Key Players of Pea Protein Market in APAC:

1. Yantai Shuangta Foods Co., Ltd (China)
2. Shandong Jianyuan Group (China)
3. ET-Chem (China)
4. Shandong Xiangchi Jianyuan Bio-Tech Co., Ltd. (China)
5. Fenchem Biotek Ltd. (China)
6. Shandong Huatai Food (China)
7. Shuangta Food (China)
8. Shandong Oriental Herbest Bio-Tech Co., Ltd. (China)
9. Fencol Corporation (China)

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Key questions answered in the Pea Protein Market are:

Which is the fastest growing region in the Pea Protein Market?
What is the growth rate of the Pea Protein Market?
What are the upcoming opportunities and trends for the Pea Protein Market?
What segments are covered in the Pea Protein Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Pea Protein Market?
Which are the factors expected to drive the Pea Protein Market growth?
What is the CAGR at which the Pea Protein market will grow during the forecast period?
What are the different segments of the Pea Protein Market?
What is Pea Protein?
What growth strategies are the players considering to increase their presence in Pea Protein?
Who are the leading companies and what are their portfolios in Pea Protein Market?
Who are the key players in the Pea Protein market?

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by different segment | 2024−2030
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
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