Pea Protein Market Size, Share, Trends, Growth & Industry Report Forecast 2025 | Key Players A&B Ingredients, Roquette Freres Le Romarin, Burcon Nutrascience Corporation, Cosucra Groupe Warcoing SA
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High nutritional profile of pea proteins, high demand for plant-based proteins from vegan population, and consistent growth in food & beverages industry have fueled the growth of the global pea protein market. On the other hand, increasing market penetration of other proteins, formulation challenges in pea protein products, and low consumer awareness about the same have restrained the growth to some extent. Nevertheless, rising demand for pea-protein-based sports nutrition & weight management products and growing use of pea proteins as alternative protein source for pet foods have created multiple opportunities in the segment.
Based on type, the pea protein isolate segment was contributed to the highest market share in 2017, and is expected to grow at a CAGR of 22.8%. Based on form, the dry based pea protein segment accounted for 72.14% and is anticipated to dominate throughout the forecast period. Based on application, the dietary supplement segment generated the highest market share and is projected to grow at a significant CAGR of 24.2%. Based on geography, the Asia-Pacific region contributed to 18.70% of the pea protein market share in the global pea protein market in 2017 and is predicted to grow at a significant CAGR of 25.0% throughout 2018-2025.
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• This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global pea protein market size for the period of 2018-2025 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 supplier buyer 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.
The report provides an analysis of the key players operating in the global pea protein market. They include Roquette Freres Le Romarin, Burcon Nutrascience Corporation, Cosucra Groupe Warcoing SA, Shandong Jianyuan Foods Co., Ltd., Glanbia, Plc., Sotexpro SA, A&B Ingredients, Axiom Foods, Inc., Farbest Brands/Farbest-Tallman Foods Corporation, and Nutri-Pea Limited. These players have adhered to several top-end strategies such as partnerships, collaboration, mergers & acquisitions, and new product launch to strengthen their foothold in the industry.
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