Pea Protein Market Worth 359.4 Million USD By 2022
The global pea protein market is mainly segmented by product type (pea protein isolate, pea protein concentrate, and others), by application (nutrition & health supplements, bakery, cereals & snacks, meat products & alternatives, beverages, and others), and by geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa).
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Table of Contents:
• Research Methodology
• Executive Summary
• Market Insights
• Global Pea Protein Market, by Type
• Global Pea Protein Market, by Application
• Pea Protein Market, by Geography
• Company Profiles
On the basis of product type, pea protein isolate commanded the largest share in the global pea protein market in 2016. The large adoption of this product segment is mainly attributed to its high protein content as well as high emulsification and stability properties as compared to other types.
On the basis of application, nutrition and health supplements segment accounted for the largest share in 2016, owing to the increased applications of pea protein in this segment due to its high digestibility and increased awareness about benefits of pea protein to brain health, eye health, heart health, muscle mass, growth issues, enhanced immunity, weight management, beauty from within, and sports performance.
Geographically, North America accounted for the major share in the global pea protein market in 2016, followed by Europe and Asia-Pacific. The largest share of this region is mainly attributed to the growing health & wellness trend, growing health supplement industry, increasing investments in pea protein space by major players, rising concerns over animal products and protein, increasing vegan population, and growing preference to meat alternatives.
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Scope of the Report:
Market by Product type
• Pea Protein Isolate
• Pea Protein Concentrate
Market by Application
• Nutrition & Health Supplements
• Bakery, Cereals, & Snacks
• Meat Products & Alternatives
Market by Geography
• North America
o Rest of Europe
o Rest of Asia-Pacific
• Rest of World
o Latin America
o Middle East and Africa
The key players in the global pea protein market are Roquette Freres Le Romarin (France), Ingredion Inc. (U.S.), Kerry Group (Ireland), NOW Foods/NOW Health Group, Inc. (U.S.), Axiom Foods Inc. (U.S.), Burcon Nutrascience Corporation (Canada), Glanbia plc. (Ireland), Cosucra Groupe Warcoing SA (Belgium), SOTEXPRO SA (France), Farbest Brands/Farbest-Tallman Foods Corporation (U.S.), and Emsland-Stärke GmbH (Part of Emsland Group).
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