The global Textured Pea Protein Market is expected to reach USD 58.37 Billion by 2028, according to a new report by Reports and Data. This can be mainly contributed by the rising adoption of vegan and vegetarian food among the western population, technological advancements in extrusion processing, changing consumer lifestyles and rising health concerns, growing health awareness and increasing demand of gluten free products, growing inclination towards preventive healthcare among developing economies and growing applications in the sports nutrition industry
Pea proteins are extracted from the yellow pea, Pisum sativum. Peas have a high amount of amino acid profile, minerals vitamins, starches and fibers. They are considered as a good substitute for soybean as a functional additive in food products intended for human consumption. Pea protein concentrate (PPC) and pea protein isolate (PPI) have the biggest potential as food ingredient.
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Top Companies Operating in the Global Textured Pea Protein Market Report:
Nutri-Pea Limited, Cosucra Groupe Warcoing, Roquette Frères, Sotexpro, Fenchem Biotek Ltd, Glanbia Plc, Yantai Shuangta Food Co, Prinova Group LLC, Burcon Nutrascience, AGT Food Ingredients, Inc., Yantai T Full Biotech Co. Ltd., World Food Processing LLC., Suzhou Wanshen Flour Products Co, Yantai Shuangta Food Co, Shandong Huatai Food, Shandong Jindu Talin Foods Co, Shandong Jianyuan Foods Co Yantai Oriental Protein Tech Co, and Axiom Foods Inc.
Driving Factors of Textured Pea Protein Market:
- Growing demand for plant-based protein: With the rise of health and environmental concerns, more and more people are turning to plant-based diets. Pea protein is a viable alternative to animal-based protein sources, making it a popular choice among consumers.
- Health benefits of pea protein: Pea protein is a complete protein, meaning it contains all nine essential amino acids that our bodies cannot produce on their own. It is also rich in iron, calcium, and other nutrients, making it an attractive option for health-conscious consumers.
- Increase in veganism and vegetarianism: As more people adopt vegan and vegetarian lifestyles, the demand for plant-based protein sources has increased. Pea protein is a popular choice for those following these diets due to its high protein content and versatility in cooking.
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To assist readers in making profitable business decisions, the report is written with the help of industry analysts, market segmentation, and data collection. In addition to providing a comprehensive database of technological and product advances, the report provides detailed information on growth rates, market values, as well as niche market segments.
This report analyzes the Textured Pea Protein Market in terms of growth rate, market share, current and emerging trends, production and consumption ratios, industrial chains, demand and supply, imports, exports, revenue contribution, and key player presences in key regions. As a part of the report, a country-by-country analysis of the Textured Pea Protein Market is provided to gain a deeper understanding of its growth and progress.
The global Textured Pea Protein Market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further market segmentation
Type Outlook (Volume, Kilo tons; 2018-2028 and Revenue, USD Million; 2018-2028)
- Isolates
- Concentrates
- Textured
Form Outlook (Volume, Kilo tons; 2018-2028 And Revenue, USD Million; 2018-2028)
- Powder (Dry)
- Paste (Wet)
Distribution Channels Outlook (Volume, Kilo tons; 2018-2028 And Revenue, USD Million; 2018-2028)
- Supermarkets
- Health Stores
- Online Stores
- Others
Applications Outlook (Volume, Kilo tons; 2018-2028 And Revenue, USD Million; 2018-2028)
- Beverages
- Bakery products snacks
- Confectionery
- Meat applications
- Nutritional supplements
- Others
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market? What kind of strategic business plans have they made?
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