Pea Protein Market Will Touch a New Level in Upcoming Year - Key Players A&B Ingredients, Roquette Freres Le Romarin, Burcon Nutrascience Corporation, Cosucra Groupe Warcoing SA & Others

The global pea protein market is strongly driven by the growing demand for plant-based proteins from vegan population. Rising health consciousness, soaring multiple health benefits, and increasing demand for meat protein alternatives have increased the demand for pea protein among consumers. In addition, because of diversity in countries, meat protein is not acceptable by all the customers, and they have been looking for healthy and sustainable meat protein alternatives. In that case, pea protein becomes the best replacement for them because it is natural, easily available, and affordable source of protein, thereby driving the pea protein market.

Pea protein market was valued at $32.09 million in 2017, and is projected to reach $176.03 million by 2025, registering a CAGR of 23.6% from 2018 to 2025. In 2017, the pea protein isolate segment accounted for more than half share of the global pea protein market in terms of value.

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Pea protein is extracted from green and yellow peas and is used in some protein supplements and protein-enriched foods. Pea protein contains all the essential amino acids required for healthy body function. It helps in doing weight management, improving blood circulation and calcium absorption, maintaining healthy muscle, boosting metabolism, and regulating blood sugar. Pea protein is lactose-free and is safe for people with allergies or sensitivities to dairy and eggs. Thus, vegetarians and vegans prefer pea protein products to supplements with protein derived from dairy, such as casein, whey proteins, eggs, or meat.

Key Benefits
• This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global pea protein market size for the period of 20182025 to identify the prevailing market opportunities.
• The key countries in all the majors regions have been mapped based on their market share.
• Porters Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplierbuyer network.
• A comprehensive analysis of factors that drive and restrict the growth of the global pea protein market is provided.
• An in-depth analysis of the pea protein market segmentation assists in determining the prevailing market opportunities.
• The report includes details of the analysis of the regional and global markets, key players, market segments, application areas, and growth strategies.

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Pea Protein Market Key Segments

By Type
• Pea protein isolate
• Pea protein concentrate
• Textured pea protein

By Form
• Dry
• Liquid

By Application
• Dietary supplement
• Bakery & confectionery good
• Meat products & alternative
• Beverage
• Others

By Region
• North America
• Europe
• Asia-Pacific
• LAMEA

In terms of value, Asia-Pacific and LAMEA collectively contributed more than 30% share in the global market in 2017. The key players operating in the pea protein market are A&B Ingredients, Roquette Freres Le Romarin, Burcon Nutrascience Corporation, Cosucra Groupe Warcoing SA, Glanbia, Plc., The Green Labs LLC, GEMEF Industries, Axiom Foods, Inc., Puris and Yantai Shuangta Food Co., Ltd.

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