Infinium Global Research has added
a new report on Pea
Protein Market. The report presents analysis of global as well as
regional markets of pea protein market over the period of 2016 to 2024. Changing
lifestyle of the consumers is the key factor driving the demand for the global
pea protein market. Adoption of a healthier lifestyle due to the increasing
concern for health and wellness among the consumers across the world is pushing
forward the demand for the global pea protein market. In addition, the
increasing concern towards lactose intolerance levels is driving the demand for
the global pea protein market. Expansion of the nutraceutical industry and the
rising demand for gluten free products are also driving the global pea protein
market. In addition, the rising consumption of meat substitutes, growing
application of pea protein for sport’s nutrition segment are some of the major
drivers for the global pea protein market.
Pea protein is a food ingredients with a neutral taste. It is
used in dairy alternatives such as cheese and yogurt. It is obtained from the
yellow pea, pisum sativum, and has a typical legume amino acid in it. Pea
protein has a variety of application in the food and beverage industry. It is
segmented into concentrates, isolates and textured pea depending on their
protein content. It is used as meat extender, substitutes and analogs. Adoption of a
healthier lifestyle due to the increasing concern for health and wellness among
the consumers across the world is pushing forward the demand for the global pea
protein market are the key factor driving the demand for the global pea protein
market. Expansion of the nutraceutical industry and the rising demand for gluten
free products are also driving the global pea protein market. In addition, the
rising consumption of meat substitutes, growing application of pea
protein for sport’s nutrition segment are some of the major drivers for
the global pea protein market. In addition, the increasing concern towards
lactose intolerance levels is driving the demand for the global pea protein
products.
On
the basis of region, the Global Pea Protein market is segmented into North
America, Europe, Asia, and the Rest of the World (RoW). North America accounts
for the major market share followed by Europe. North American Pea protein
market is growing due to rising demand of French-grown yellow peas, which is
also branded by Roquette under the name of Nutralys. Germany has the highest
market share in the European region. Asia-Pacific is an emerging
market in the sector due to its increasing health consciousness and increasing
influence of western culture. Asia Pacific region is expected to grow at the
highest CAGR compared to other regions, and China occupies the leading market
position, with India and Japan being other important high potential markets.
On the basis of region, the Global Pea Protein market is segmented
into North America, Europe, Asia, and the Rest of the World (RoW). North
America accounts for the major market share followed by Europe. North American
Pea protein market is growing due to rising demand of French-grown yellow peas,
which is also branded by Roquette under the name of Nutralys. Germany has the
highest market share in the European region.
Asia-Pacific is an emerging market in the sector due to its increasing
health conscious and western influenced populations. Asia Pacific is expected
to grow faster compared to other regions, and China occupies the leading market
position, with India and Japan being other important high potential markets. Moreover,
the growth matrix presented by Infinium Global Research identifies the key
investment markets in the near future, this will not only help the companies to
understand the competitive position in the global pea protein market but also
make strategic decisions to capture the most lucrative markets in the near
future. The market size is presented in terms of value for the historic year
2016 and estimated for forecast period of 2018-2024.
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15% discount for early purchase of global pea protein market report by clicking
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The recent report identified that
North America dominated the global pea protein market over the last couple of
years, while emerging markets of Asia-Pacific and Latin America are anticipated
to contribute significantly to the growth in the pea protein market worldwide.
The report segments the global pea
protein market on the basis of Type, Application and Form.
Global Pea Protein Market by Type
·
Isolates
·
Concentrates
·
Textured
Global Pea Protein Market by
Application
·
Meat Extenders and Analogs
·
Snacks & Bakery Products
·
Nutritional Supplements
·
Beverages
Global Pea Protein Market by Form
·
Dry
·
Wet
Companies Profiled in the Report
·
Roquette Frères (France),
·
Burcon Nutrascience Corporation
(Canada),
·
Cosucra Groupe Warcoing (Belgium)
·
Nutri-Pea Limited (Canada),
·
Sotexpro (France)
·
Axiom Foods, Inc. (U.S.),
·
Farbest Brands (U.S.),
·
Shandong Jianyuan Foods Co., Ltd.
(China),
·
Yan Tai Shuang Ta Food Co., Ltd.
(China)
·
The Scoular Company (U.S.).
About Infinium Global Research
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