Global pea protein market is expected to reach USD 35.10 Million by 2027, growing at a robust CAGR, in value terms owing to the increasing vegan population due to ethical issues as well as health-consciousness. Moreover, the rising food-security concerns due to the outbreak of animal disease coupled with the increasing shift towards plant-based proteins will propel the growth of the market further.
Based on the form, the dry segment is expected to grow at the highest CAGR through 2027, due to ease of storage and easy transportation of protein powder as compared to the liquid form. Based on the application, the nutritional supplements segment leads the market and is expected to maintain its position during the forecast period owing to the rising consumption of nutritional supplements for muscle-building and weight-management especially in young population.
Regionally, North America is anticipated to account for the dominant share during the forecast period due to increasing vegan population consumption, improved lifestyles, health-conscious population in countries like the United States and Canada.
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Some of the leading players in the global pea protein market are Roquette Frères, Burcon Nutrascience Corporation, Cosucra Groupe Warcoing, Nutri-Pea Limited, Sotexpro, The Scoular Company, Yantai Shuangta Food Co., Ltd, Axiom Foods, Inc., Farbest Brands, Shandong Jianyuan Foods Co., Ltd. etc.
- To analyse and forecast the market size of Global Pea Protein Market, in terms of value and Volume.
- To classify and forecast Global Pea Protein based on ingredient type, beverage type and regional distribution.
- To identify drivers and challenges for Global Pea Protein Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Pea Protein Market.
- To conduct the pricing analysis for Global Pea Protein Market.
- To identify and analyse the profile of leading manufacturers in the Global Pea Protein Market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of Pea Protein manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the Pea Protein manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the retailers, distribution channels and presence of all major Pea Protein manufacturers across the globe.
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TechSci Research calculated the market size of Global Pea Protein Market using a bottom-up approach, where data for various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
- Pea Protein Manufacturers
- Pea Protein Dealers and Suppliers
- Traders and Distributors
- Food & Beverages Industries
- Regulatory organizations.
- Raw material suppliers and distributors.
- Research organizations and consulting companies.
- Market research and consulting firms.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, distributors and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Global Pea Protein Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Global Pea Protein Market, By Type:
- Isolates
- Concentrates
- Textured
- Global Pea Protein Market, By Form:
- Dry
- Wet
- Global Pea Protein Market, By Applications:
- Meat Extenders & Analogs
- Snacks & Bakery Products
- Nutritional Supplements
- Beverages
- Others
- Global Pea Protein Market, by Region:
- Asia Pacific
§ China
§ India
§ Japan
§ South Korea
- Australia
- Singapore
- Malaysia
- Europe
§ France
§ Germany
§ United Kingdom
§ Italy
§ Spain
- North America
§ United States
§ Mexico
§ Canada
- South America
§ Brazil
§ Argentina
§ Colombia
- Middle East and Africa
§ South Africa
§ Saudi Arabia
§ UAE
§ Qatar
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Pea Protein Market segment.
Available Customizations:
With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis
- Profit margin analysis in case of direct and indirect sales channel.
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