Global pea protein market is expected to reach USD 35.10 Million by 2028, 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 2028, 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.
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.
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Objective of the Study
- To analyse and forecast the market size of Global Pea Protein Market, interms of value and Volume.
- To classify and forecast Global Pea Protein based on ingredient type, beveragetype and regional distribution.
- To identify drivers and challenges for Global Pea Protein Market.
- To examine competitive developments such as expansions, new productlaunches, 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 GlobalPea Protein Market.
Market insights research
Market insights research calculated the market size of Global
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 consultingcompanies.
- 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.
Attribute | Details |
Base Year | 2022 |
Historical Data | 2018 – 2021 |
Estimated Year | 2023 |
Forecast Period | 2024 – 2028 |
Quantitative Units | Revenue in USD Million, Volume in Units and CAGR for 2018-2022 and 2023E-2028F |
Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | · Type · Form · Application |
Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
Country scope | United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Singapore; Malaysia; Germany, France, United Kingdom, Spain, Italy; South Africa, UAE, Saudi Arabia; Qatar; Brazil, Argentina, Colombia; |
Key companies profiled | 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. |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |