IMR posted new studies guide on Pea Protein Market Insights with self-defined Tables and charts in presentable format. In the Study you may locate new evolving Trends, Drivers, Restraints, Opportunities generated via targeting market related stakeholders. The boom of the Pea Protein marketplace became specifically driven with the aid of the growing R&D spending internationally.
Pea Protein Market Size Was Valued at USD 1.12 Billion in 2023 and is Projected to Reach USD 2.18 Billion by 2032, Growing at a CAGR of 7.68% From 2024-2032.
Some of the Top Leading Key Players: A&B Ingredients (United States)
- AGT Food and Ingredients Inc. (Canada)
- Axiom Foods Inc. (United States)
- Bioway (Xian) Organic Ingredients Co., Ltd. (China)
- Burcon NutraScience Corporation (Canada)
- Glanbia plc (Ireland)
- The Scoular Company (United States)
- Vestkorn Milling AS (Norway)
- Yantai Shuangta Food Co., Ltd. (China)
- Other Key Players
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Market Dynamics and Factors Influencing Growth:
Pea protein, derived from yellow peas (Pisum sativum), is a high-quality protein with excellent nutritional properties. It is produced through milling, hydrating, and drying processes, resulting in a fine, odorless, and tasteless powder. Rich in essential amino acids, particularly branched-chain amino acids (BCAAs) like leucine, isoleucine, and valine, pea protein offers significant nutritional benefits. It is an ideal choice for vegans, vegetarians, and individuals with dietary restrictions or allergies to animal proteins. This versatile protein supplement supports balanced nutrition and muscle health, making it a popular option for those seeking plant-based alternatives.
Segmentation Analysis of the Pea Protein Market
By Type
- Isolates
- Concentrates
- Textured
- Hydrolysates
By Applications
- Dry
- Wet
By Sources
- Yellow Split Peas
- Others
By Applications
- Food & Beverages
- Personal Care & Cosmetics
- Animal Feed
- Others
Pea Protein Market Trend Analysis
The global pea protein industry has experienced significant growth driven by the increasing demand for plant-based proteins. As consumers become more health-conscious and environmentally aware, there is a growing shift away from animal-derived products. This shift is motivated by concerns about the environmental impact of animal farming and the desire for healthier, more sustainable food choices. Pea protein, known for its high nutritional value and versatility, has emerged as a popular alternative. As a result, the demand for plant-based proteins continues to rise, propelling the expansion of the pea protein market globally.
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Key Industry Developments in the Pea Protein Market:
In February 2024, New products that were introduced into the market and the company’s innovations are Roquette Freres which has expanded its NUTRALYS range to include four multifunctional pea protein isolates for application in the production of various plant-based food products to boost taste and texture. The Nov, 2011 four new launches are: 1) NUTRALYS Pea F853M – An isolate 2) NUTRALYS T PEA 700 M – Textured 3) NUTRALYS H 85 – Hydrolysate 4) NUTRALYS Pea 700 FL – Textured.
Regional Analysis
North America is Expected to Dominate the Market Over the Forecast Period
Geographically, the distinctive analysis of consumption, revenue, market share, and growth rate of the subsequent areas:
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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COMPANY PROFILES AND COMPETITIVE ANALYSIS
- COMPETITIVE LANDSCAPE
- Competitive Positioning
- Pea Protein Market Share by Manufacturer (2024)
- Industry BCG Matrix
- Heat Map Analysis
- Mergers & Acquisitions
- ARIEL CORPORATION
- Company Overview
- Key Executives
- Company Snapshot
- Role of the Company in the Market
- Sustainability and Social Responsibility
- Operating Business Segments
- Product Portfolio
- Business Performance
- Key Strategic Moves and Recent Developments
- SWOT Analysis
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