Press release
Pea Protein Market Forecast 2019-2025 | Top Players - Scoular Company, Cosucra-Groupe Warcoing, Roquette Frerers, Shandong Jianyuan Group and Glanbia Nutritionals
North America pea protein market from meat substitute applications should exceed USD 20 million by 2024. These products are suitable for consumers allergic to animal-based products and vegetarians who struggle to fulfill their daily nutrient intake. Technological advancement in manufacturing techniques have resulted in textured product development which resemble meat. Rising concerns towards cardiovascular diseases caused due to red meat consumption and significant consumer trend for weight management should accelerate market growth.
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Europe pea protein market from nutraceutical applications surpassed USD 2.3 million in 2017 majorly pertaining to growing demand for gluten & fat-free nutritional products. These products offer significant amino acid content, primarily that of glutamine which promotes health and wellness. Pea proteins possess good water-binding characteristics, improve heart health and immune function. Significant consumer demand for great tasting products with simpler labels and alternative nutrient sources to solve their personalized nutrition choices should further boost market growth.
Pea protein Market may exceed USD 160 million by 2024. Increased consumer preference for vegetarianism along with rising product use in various applications including meat substitutes, nutraceuticals and sports supplements should stimulate pea protein market growth. This is a low-calorie food having high protein content, is easily digestible and is an ideal source of post workout nutrition. Increasing consumer awareness regarding nutritious and healthy diet and rising food sensitivity concerns are likely to further stimulate product demand.
Pea protein isolate market surpassed USD 25 million in 2017 primarily on account of growing demand from bakery products, snacks and beverage industries. These products finds widespread use as meat texturizing agents pertaining to their substantial amino acid content, desirable water-binding properties, high solubility and excellent emulsification. Isolates contains over 90-95% of proteins and are viable alternatives for people allergic to dairy products which is likely to increase product demand from the sports nutrition sector.
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Major industry participants for pea protein market include The Scoular Company, Cosucra-Groupe Warcoing, Roquette Frerers, Shandong Jianyuan Group and Glanbia Nutritionals. Prominent manufacturers are engaged in production capacity expansions to satisfy growing consumer demand and research & development initiatives to identify better active ingredients which should promote pea protein market growth.
Table of Content
Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Pea Protein Industry Insights
Chapter 4 Pea Protein Market, By Product
Chapter 5 Pea Protein Market, By Application
Chapter 6 Pea Protein Market, By Region
Chapter 7 Company Profiles
Complete Report At: https://www.marketstudyreport.com/reports/pea-protein-market
Related Report:
Global Pea Protein Ingredient Market Insights, Forecast to 2025
This research report categorizes the global Pea Protein Ingredient market by top players/brands, region, type and end user. This report also studies the global Pea Protein Ingredient market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
https://www.marketstudyreport.com/reports/global-pea-protein-ingredient-market-insights-forecast-to-2025
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