"According to an influential Pea Protein Market report, Pea Protein Market industry is expected to witness growth during the forecast period due to growing demand at the end user level. The report takes into consideration all the opportunities, challenges, drivers, market structures, and competitive landscape for the clients. The market research report highlights diverse segments of the market analysis that today’s business ask for. By utilizing a few steps or a number of steps, the process of generating this report is started with expert advice. The industry report covers explanation about the detailed market analysis with inputs from industry experts. Being a third-party report, Pea Protein Market research report is more unbiased and hence provides a better picture of what is really happening in the market.
The widespread Pea Protein Market survey report provides market data for several segments such as technologies, services and applications across many geographical areas. Market research analysis performed in this report hopefully lends a hand to businesses for the strategy planning related to production, costing, inventory, purchasing and marketing. A panel of skilled analysts, well-versed statisticians, knowledgeable research experts, enthusiastic forecasters, and smart economists work carefully to generate such great market research report for the businesses. Not to mention, various steps for gathering, analysing and recording the data and information have been utilized for generating the first class Pea Protein Market business report.
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Lactose-intolerant and health-conscious consumers see significant increases. The customers want lactose- and gluten-free protein components. Pea proteins is gluten-free and lactose-free, and peas include high-protein, nutrient-dense food. As a result, consumers are demanding vegan protein isolates to meet their nutritional requirements. This rising demand for lactose-free and gluten-free products is expected to boost global pea protein market growth.
Data Bridge Market Research analyses that the pea protein market was valued at USD 1.7 billion in 2021 and is expected to reach the value of USD 3.78 billion by 2029, at a CAGR of 10.50% during the forecast period of 2022-2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2022 to 2029 |
Base Year | 2021 |
Historic Years | 2020 (Customizable to 2014 - 2019) |
Quantitative Units | Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered | Source (Yellow Split Peas, Chickpeas, Lentils), Type (Isolates, Concentrates, Textured), Form (Dry Textured Pea Protein, Wet Textured Pea Protein), Application (Meat Substitutes, Performance Nutrition, Functional Foods, Snacks, Beverages, Bakery Products, Confectionery), Nature (Organic, Conventional) |
Countries Covered | U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E., Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa |
Market Players Covered | Glanbia plc. (Ireland), Now Health Group, Inc. (U.S.), Nutiva Inc (U.S.), The Simply Good Food Co (U.S.), Iovate Health Sciences International Inc. (Canada), MusclePharm Corporation (U.S.), Kerry Group Plc (Ireland), CytoSport, Inc. (U.S.), The Nature's Bounty Co. (U.S.), Reliance Vitamin Company, Inc. (U.S.), Herbalife Nutrition, Inc. (U.S.), Danone S.A. (France), General Nutrition Centers (GNC) Holdings, Inc. (U.S.), Orgain Inc. (U.S.), True Nutrition (U.S.). |
Opportunities |
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Market Definition
Pea protein is a type of protein and contains all nine of the essential amino acids. It is made from green and yellow split peas and is available in both wet and dry forms. Besides being high in protein, Peas are a good source of iron.
Pea Protein Market Dynamics
Drivers
- Rising cases of obesity as well as increasing public awareness
Pea protein market growth is being aided by a modified high moisture extrusion process and a new compositional research process. For instance, consumers who do not consume dairy products are turning to plant-based milk options, which have seen significant growth in recent years. This innovative product line or ready-to-eat products with no compromise on texture and taste is also boosting the growth of the pea protein market.
- Rise in social media marketing
The growing millennial population, as well as increased social media marketing, will further boost many opportunities, leading to the growth of the pea protein supplements market during the forecast period. The rising celebrities' endorsements and promotion for the benefits of consuming plant-based diets will further adds to the market growth.
Opportunities
The growing number of fitness centres and increased female participation are expected to fuel the market's growth. Pea proteins are environmentally friendly. As consumers become more aware of the properties of pea proteins, they are also adopting environmentally friendly and allergen-free products. Increasing growth demand in the allergen-free market will create growth opportunities in the forecast period
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The pea protein market is segmented on the basis of source, type, form, nature and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Source
- Yellow Split Peas
- Chickpeas
- Lentils
Application
- Meat Substitutes
- Performance Nutrition
- Functional Foods
- Snacks
- Beverages
- Bakery Products
- Confectionery
Nature
- Organic
- Conventional
Type
- Isolates
- Concentrates
- Textured
Table of Contents for a Pea Protein Market Research Article:
- Introduction
- Background and Overview
- Objective of the Study
- Scope of the Pea Protein Market Research
- Methodology
- Data Collection
- Data Analysis
- Research Approach
- Sampling Techniques
- Research Instruments
- Executive Summary
- Key Findings
- Pea Protein Market Overview
- Pea Protein Market Trends and Insights
- Pea Protein Market Overview
- Pea Protein Market Definition
- Pea Protein Market Segmentation
- Pea Protein Market Size and Growth Rate
- Pea Protein Market Dynamics
- Drivers
- Restraints
- Opportunities
- Porter's Five Forces Analysis
- Pea Protein Market Trends and Insights
- Emerging Technologies
- Consumer Behavior and Preferences
- Regulatory Landscape
- Competitive Analysis
- Pea Protein Market Segmentation
- Product Type
- Application
- Region
- End-User
- Other Relevant Segments
- Regional Analysis
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Competitive Landscape
- Pea Protein Market Share Analysis
- Key Players Profiles
- Company Overview
- Product Portfolio
- Financial Performance
- Recent Developments
Download the Complete Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-pea-protein-market
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