What's driving the Pea Protein market trends?
As per the Global Market Insights Inc. report, the pea protein market is anticipated to touch USD 200 million by 2023 driven by factors such as cost efficiency, high nutritional value, and functional benefits. Its key benefits include weight reduction, muscle recovery, blood sugar control, healthy heart functioning, and reduction in kidney disease occurrence.
Request Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/362
1. Burcon NutraScience Corporation
2. Cosucra Groupe Warcoing SA
3. ROQUETTE FRERES
4. Shandong xiangchi Jianyuan bio-tech Co.,ltd
6. FENCHEM BIOTEK LIMITED
7. Yantai Oriental Pharmacaps Co.,Ltd
8. Prinova Group LLC
9. Martin & Pleasance
10. Glanbia Plc
11. Farbest Tallman Foods Corporation
12. The Scoular Company
Pea protein isolate is predicted to dominate the market in the next few years by registering highest gains at over 13.9% over the period of 2016-2023. Growing applications in the food & beverage sector due to allergen-free features is anticipated to boost the demand. The textured pea protein market is predicted to touch USD 35 million by the end of 2023. High fiber content has led to the growing demand for textured pea proteins in food supplements as well as beverages. The Pea concentrates having contributed towards 30% of the total market share in 2015, is predicted to grow at a CAGR of 13% over the period of 2016-2023 in terms of volume.
The Asia Pacific market is expected to record a CAGR of 16.9% over the period of 2016-2023, with key drivers such as rising vegetarian population and scientific research contributing towards the growth. India and China are predicted to boost the regional growth
The North America pea protein market is projected to contribute towards 30% of the total revenue in the coming years, with U.S. estimated to add maximum market share owing to the heavy demand for the related products in this region.
Key industry players include Roquette Freres, Nutri-Pea Limited, Burcon NutraScience, and Cosucra Groupe Warcoing. Heavy demand for pea proteins owing to its easy digestibility and a rich source of protein has encouraged new entrants to enter the market. This has raised the competition level with each industry player trying to acquire a maximum market share.
France-based Roquette formed an alliance with the world food processing of U.S. to produce pea proteins due to its heavy demand in the U.S. Cosucra’s Pisane is a gluten-free pea protein isolate with allergen-free features and free from genetic modification. Major pea protein producers have formed an association with farmers, dealers, and other industry players to market their products to food & beverages sector. The heavy demand worldwide will bring significant growth in this market worldwide.
Make an Inquiry before buying @ https://www.gminsights.com/inquiry-before-buying/362
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
Explore Our Blog @ http://algosonline.com/news
Connect with us: Facebook | Google+ | LinkedIn | Twitter
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release What's driving the Pea Protein market trends? here
News-ID: 1612200 • Views: 424
More Releases from Global Market Insights, Inc.
Vinyl ester market to cross 1.7 billion by 2025, key players are Swancor Holding …
Global vinyl ester market size will hit US$1.7 billion in yearly revenues by 2025. Pulps and paper industry has witnessed considerable growth and changes over the past several years and has showcased tremendous demand for vinyl ester-based fiber-reinforced plastics. The resin is known to resist corrosive chemicals and serve as an alternative to the conventional metals and coatings for the process fluid surroundings in the pulp and paper industry. Get
Biaxially Oriented Polypropylene (BOPP) Market Outlook by top key players like B …
Biaxially oriented polypropylene (BOPP) market size will exceed USD 20 billion in terms of annual valuation by 2024. In 2015, global insulation businesses accounted for over USD 40 billion is estimated to generate revenue of more than USD 75 billion by 2024. Growing focus on superior packaging for protection of delicate good, foods, medicines and others will favor BOPP business growth in the coming years. Get sample copy of
Nitrile Butadiene Rubber Latex Market 2020: Industry Growth, Competitive Analysi …
Nitrile butadiene rubber latex market size is poised to be driven by escalating demand for medical and industrial gloves. Rising health concerns has fueled the adoption of gloves as a personal protective equipment in various industries including food & beverage, healthcare, automotive and others to maintain the sanitary condition at workplace and ensure workers safety. Advantageous characteristics of NBR latex gloves like high tensile strength and excellent wear ability are the
Titanium Dioxide Market Outlook 2020-2026: Key Players are Tronox Holdings, Vena …
Rising expansion activities in the paints & coatings sector and proliferating application in paper & pulp industry to suffice noteworthy growth to titanium dioxide market over 2026. For years, titanium dioxide (TiO₂) has been used in the manufacturing of numerous consumer products across various industries. The product finds applications in paints, adhesives, coatings, paper, rubber, printing inks, textiles, coated fabrics, ceramics, roofing materials, floor coverings, and cosmetics. Surging in product
More Releases for Pea
Global Pea Protein Processing Equipments Market Research
The Global Industrial Vacuum Pumps statistical surveying report is the examination arranged by investigators, which contain a nitty gritty examination of drivers, limitations, and openings alongside their effect on the Industrial Vacuum Pumps showcase development. This exploration report will help with being pertinent The worldwide pea protein preparing hardware market to develop at a CAGR of 5.91% amid the period 2017-2021. Global Pea Protein Processing Equipments Market Research 2017-2021, has
Global Pea Starch Market
https://www.qandqmarketresearch.com/report-sample/pea-starch-market-82 This report studies the global Pea Starch market status and forecast, categorizes the global Pea Starch market size value & volume by key players, type, application, and region. This report focuses on the top players in North America, Europe, AsiaPacific, South America, and Middle East & Africa. The global Pea Starch market is valued at million US$ in 2017 and will reach million US$ by the end of 2025, growing at
Global Pea Protein Market 2018 - Roquette, Cosucra, Nutri-Pea
Apex Market Reports, recently published a detailed market research study focused on the “Pea Protein Market” across the global, regional and country level. The report provides 360° analysis of “Pea Protein Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Pea Protein on
Pea Protein Market Lucrative Opportunites By 2024
Pea protein has a variety of application in the food and beverage industry. It is rich in essential nutrients and has an advantage of functional characteristics with a large amount of amino acids. They are segmented into concentrates, isolates and textured pea depending on their protein content. They are used at meat extender, substitutes and analogs. The global pea protein market is anticipated to witness a dramatic growth in its
Global Pea Starch Market 2017 - Roquette, Cosucra, Nutri-Pea, Shuangta Food, Jia …
Global Pea Starch Industry 2017 is a comprehensive, professional report delivering market research data that is relevant for new market entrants or established players. Key strategies of the companies operating in the market and their impact analysis have been included in the report. Furthermore, a business overview, revenue share, and SWOT analysis of the leading players in the Pea Starch market is available in the report. Get Free Report Sample @
Pea Protein Ingredients: Global Market Intelligence
ReportsWorldwide has announced the addition of a new report title Pea Protein Ingredients: Global Market Intelligence to its growing collection of premium market research reports. The report “Pea Protein Ingredients: Global Market Intelligence” provides market intelligence on the different market segments, based on type, application, and geography. Market size and forecast (2011-2020) has been provided in the report. The primary objectives of this report are to provide 1) comprehensive global market intelligence through