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 provides a comprehensive description of Pea Protein Market which helps to understand its feature in an optimized way. The projected statistics, significant advancements and income are all included in detail in the Pea Protein research paper.
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Pea Protein Market Scope:
The report encompasses both qualitative and quantitative assessments of the Pea Protein Market, utilizing segmentation that takes into account economic and non-economic factors. It conducts a comprehensive exploration of the Pea Protein industry from diverse angles, employing Porter's five forces analysis. Furthermore, the report sheds light on the Pea Protein Market by tracing its journey through the value chain. Historical data and forward-looking revenue growth forecasts are presented at the country, regional, and global levels, accompanied by an analysis of market trends within each sub-segment and region.
Within the report's competitive landscape, intricate details about Pea Protein competitors are provided. This includes a company overview, financials, revenue generation, market potential, research and development investments, new market ventures, global presence, production sites and facilities, production capacities, strengths and weaknesses, product launches, product range, application dominance, and more. The assessment of the global and regional Pea Protein Market size was conducted using a bottom-up approach.
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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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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Regional Analysis:
Each regional Pea Protein market sector is thoroughly investigated to determine its current and future growth prospects. This helps clients to grow their businesses. The Pea Protein market report covers all five regions and their country-wise distribution. Their market size and trends are also included in the Pea Protein report.
Key Questions answered in the Pea Protein Market Report are:
- What was the Pea Protein market size in 2024?
- What are the global trends in the Pea Protein Market?
- What are the upcoming industry applications and trends for the Pea Protein Market?
- What are the factors contributing to the final price of Pea Protein ?
- What are the recent industry trends that can be implemented to generate additional revenue streams for Pea Protein Market?
- How is the intervention from regulatory authority shaping the Pea Protein Market?
- What growth strategies are the players considering to increase their presence in Pea Protein ?
- Who are the leading players in Pea Protein Market?
- What are the major challenges that the Pea Protein Market could face in the future?
- Which region held the largest Pea Protein market share?
Key Offerings:
- A detailed Analysis of the Market Overview
- Market Share, Size Forecast by Revenue | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by Route of administration, Application, Facility of use and Region and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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