Press release
Pea Protein Market Share and Forecast (2019-2024): Top Players Are Roquette Frerers, The Scoular Company, Glanbia Nutritionals, Cosucra-Groupe Warcoing & Shandong Jianyuan Group
Pea Protein Market
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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• Roquette Frerers
• The Scoular Company
• Glanbia Nutritionals
• Cosucra-Groupe Warcoing and Shandong Jianyuan Group
Pea Protein Market size is set to surpass USD 160 million by 2024.Increasing product usage in meat substitutes, dietary supplements, and nutraceuticals industries should stimulate pea protein market size. There has been a significant rise in consumer consciousness towards weight loss, calorie reduction and protein supplementation along with focused advertising campaigns for promotions by various companies. These products are a rich iron source, dairy-free, vegan, complements special health diets and imparts a feeling of fullness. Growing number of consumers searching for simpler labels, great taste, and alternative protein sources to solve personalized nutrition choices which in turn may accelerate pea protein market growth.
U.S. textured pea protein market size should witness consumption at over 2 kilo tons by the end of the predicted timeframe. These products are comparatively less expensive than meat, fish and poultry along with being more environment friendly and sustainable nutrition source. These products are widely used as meat substitutes and extenders on account of their unique taste and enhanced texture. They are extensively used to produce vegan alternatives to various meat products such as nuggets, meatballs, and patties which can be grilled or microwaved, thus stimulating market growth.
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In 2017, China pea protein concentrate market size surpassed USD 3.5 million. These products have a slight savoury taste and is considered a great option for weight management along with being gluten-free & non-GMO in nature. These concentrates help in increasing the protein content in animal feed concentrates without altering its aroma, flavour and colour properties. They allow nutrient fortification and yield improvement of pet food as they are devoid of lactose, gluten & allergens. These products offer various benefits such as a powerful bean fragrance, oil & water retention, foaminess and emulsification which should increase pea protein demand.
Roquette Frerers, The Scoular Company, Glanbia Nutritionals, Cosucra-Groupe Warcoing and Shandong Jianyuan Group are some of the prominent industry participants in the pea protein market. Manufacturers are engaging in new product development to attain competitive advantage and joint ventures to expand product portfolio. Manufacturers are also establishing new production facilities to satisfy rising product demand and ensure market expansion.
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Partial Table of Contents (ToC) of the report:
Chapter 4 Pea Protein Market, By Product
4.1 Key product trends
4.2 Isolates
4.2.1 Global pea protein isolates market, 2013 – 2024
4.2.2 Global pea protein isolates market, by region, 2013 - 2024, (Kilo Tons) (USD Million)
4.3 Concentrates
4.3.1 Global pea protein concentrates market, 2013 – 2024
4.3.2 Global pea protein concentrates market, by region, 2013 - 2024, (Kilo Tons) (USD Million)
4.4 Textured
4.4.1 Global textured pea protein market, 2013 – 2024
4.4.2 Global textured pea protein market, by region, 2013 - 2024, (Kilo Tons) (USD Million)
Chapter 5 Pea Protein Market, By Application
5.1 Key application trends
5.2 Meat substitutes
5.2.1 Global pea protein market from meat substitutes, 2013 – 2024
5.2.2 Global pea protein market from meat substitutes, by region, 2013 - 2024, (Kilo Tons) (USD Million)
5.3 Nutraceuticals
5.3.1 Global pea protein market from nutraceuticals, 2013 – 2024
5.3.2 Global pea protein market from nutraceuticals, by region, 2013 - 2024, (Kilo Tons) (USD Million)
5.4 Sport supplements
5.4.1 Global pea protein market from sport supplements, 2013 – 2024
5.4.2 Global pea protein market from sport supplements, by region, 2013 - 2024, (Kilo Tons) (USD Million)
5.5 Others
5.5.1 Global pea protein market from other application, 2013 – 2024
5.5.2 Global pea protein market from other application, by region, 2013 - 2024, (Kilo Tons) (USD Million)
About Global Market Insights:
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