openPR Logo
Press release

Pea Milk Market Implants Market Insight & Future Assessment for the Period 2017 - 2025

01-16-2020 07:17 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Kenneth Research

Pea Milk Market Implants Market Insight & Future Assessment

Pea Milk Market: Introduction

Pea milk are plant based milk which is extracted from yellow peas which is a legume, found mostly in parts of Asia, North Africa, and Southern Europe. Pea milk market is expected to grow during the forecast period, due to its higher benefits compared to almond milk and soy milk.

Pea milk contains the required nutrition such as vitamin D, protein, fat, and calcium for toddlers and infants, which provides a 50% more calcium and half the quantity of saturated fat from other milk alternatives. According to the U.S. Census Bureau, in 2017, the total number of children below the age group of 5 were 23.3 million in the United States, and is expected to grow to 24 million by 2026.

Request To Download Sample of This Strategic Report: https://www.kennethresearch.com/sample-request-10220958

Such factors are playing a major driving factor to the pea milk market and is expected to propel at a high rate during the forecast period. Furthermore, increasing parent’s preference towards vegan milk that does not contain lactose, soy, gluten, and are non-GMO provided products are further fuelling market growth.

According to the National Center for Biotechnology Information, in 2017, the rise in vegan population is expected to be by 17% across the globe, which in turn is expected to reduce the content of ecological footprint (EF), water footprint (WF), and carbon footprint (CF), which accumulates to GHG emissions. Thus, the rise in vegan population is also expected to boost the pea milk market during the forecast period.

Consumers Shifting Focus towards Pea Milk from Other Milk Alternatives:

The pea milk market is expected to propel due to various benefits over conventional milk alternative products. Various supermarkets such as Publix, Shaw’s, Safeway, and others has incorporated pea milk products into their aisle lines which is further helping in gaining customer attention towards these products.

This factor is expected to boost the purchasing rate of consumer from other plant based milk alternative products. Pea milk market is anticipated to be boosted as it is highly vegan, and are exclusive to any animal origin. Thus, vegan milk is expected to reduce the cost of animal breeding, maintenance, and others.

According to the National Center for Biotechnology Information (NCBI), the overall maintenance cost for a farm of over 100 cattle is expected to cross 6.3 million per year excluding other cost. Thus, the surge for pea protein is expected to reduce animal husbandry cost for the country’s economy, coupled with its benefits of soy free, nut free, gluten free, and lactose free contents over other vegan milk products such as soy milk, almonds milk, oat milk, potato milk, and others. Additionally, major companies such as Google and others investing in the pea milk manufacturers are also expected to supplement market growth.

However, one of the major factors which is expected to hamper the pea milk market during the forecast period is the cost of pea milk products which is about 35 to 40% higher than other milk alternative products. For instance, the 48 FL oz. packet of pea milk is US$ 4.31, while the same packet for soy milk is US$ 2.21. Thus, this pricing difference is expected to hamper the pea milk market during the forecast period, due high extraction and operating cost of pea milk.

Regional Acumens:

Europe and North America is expected to be the most attractive market for pea milk throughout the forecast period from 2018 to 2025, while Asia Pacific is expected to be the fastest growing region for the pea milk market.

Asia Pacific market is expected to be the fastest growing market due to increase in consumer demand for lactose free products coupled with non-GMO products in milk consumption. Liberalization of foreign direct investment (FDI) throughout the food segment, diet diversification, and rapid urbanization is expected to be some of the major factors for the growing demand for vegan milk products in Asia Pacific.

Pea milk is expected to propel during the forecast period due to its major health benefits over cow or goat milk, such as resolving the problems of calorie concerns, lactose intolerance, prevalence of hypercholesterolemia, and cow milk allergy among others. Owing to these factors, the global pea milk market is expected to boom during the forecast period.

Market Players:

The market for pea milk products is expected to propel with various investments from major market players in and outside the food and beverage industry. For instance, in 2015, Google and other venture capitalists invested in Ripple Foods, who are into manufacturing of pea milk products, for over US$ 45 million.

Read More:- https://www.kennethresearch.com/report-details/pea-milk-market/10220958

Major players operating in the field of pea milk market include Ripple Foods, Bolthouse Farms, Nestlé S.A., Danone, among others.

Contact Us:-
Name: David
Email : Sales@kennethresearch.com
Phone: +1 313 462 0609

About Kenneth Research:-
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Pea Milk Market Implants Market Insight & Future Assessment for the Period 2017 - 2025 here

News-ID: 1897492 • Views: 187

More Releases from Kenneth Research

Photomask Market Growth Analysis by Revenue, Size, Share, Scenario on Latest Tre …
Kenneth Research provides an extensive study by our analysts which offers forecast assessment by correlating the historical data with key market dynamics. The Photomask Market further includes trends and opportunities that are highlighted, along with the market valuation. The market is segmented by segments and portrays the industry overview along with elaborate description of the market for the forecast period 2020-2025. The report also constitutes future growth statistics which is
Embedded Systems Market 2020 New Innovations Trends, Research, Global Share and …
Kenneth Research provides an extensive study by our analysts which offers forecast assessment by correlating the historical data with key market dynamics. The Embedded Systems Market further includes trends and opportunities that are highlighted, along with the market valuation. The market is segmented by segments and portrays the industry overview along with elaborate description of the market for the forecast period 2020-2025. The report also constitutes future growth statistics which
DNS Service Market : Industry Development Scenario and Forecast to 2025
Global DNS Service Market to reach USD 600 million by 2025.Global DNS Service Market valued approximately USD 230 million in 2016 is anticipated to grow with a healthy growth rate of more than 12% over the forecast period 2018-2025. The DNS Service Market is continuously growing across the world over the coming years. The major driving factor of global DNS Service market are increasing awareness to safeguard the websites from
Xenon Lights Market Growth, Size, Share, Demand, Trends and Manufacturers Analys …
Kenneth Research provides an extensive study by our analysts which offers forecast assessment by correlating the historical data with key market dynamics. The Xenon Lights Market further includes trends and opportunities that are highlighted, along with the market valuation. The market is segmented by segments and portrays the industry overview along with elaborate description of the market for the forecast period 2020-2025. The report also constitutes future growth statistics which

All 5 Releases


More Releases for Pea

2019 Pea Protein Isolate Market Top Key Players Focused - Emsland Group, Roquett …
“Pea Protein Isolate Market” report explores manufacturer’s competitive scenario and provides market share for all major players of this market based on production capacity, sales, revenue, geographical presence and other major factors. The report also covers import/export data across all major regions covered in this report. Download Sample PDF copy of this report @ https://www.upmarketresearch.com/home/requested_sample/93682 The key players covered in this study Emsland Group Roquette Cosucra Nutri-Pea Shuangta Food Yantai Oriental Protein Tech Shandong Jianyuan Foods Shandong Huatai Food This
What's driving the Pea Protein market trends?
Leucine, Isoleucine, and Valine present in pea proteins help in the maintenance of tissues of the muscles. Pea proteins are easily digestible and are best suitable for the people having lactose intolerance. Changing food tastes, including the rising trend for protein-rich diet is anticipated to increase the pea protein consumption thereby boosting the global demand for pea proteins. As per the Global Market Insights Inc. report, the pea protein market is
Global Pea Protein Processing Equipments Market Research
The Global Industrial Vacuum Pumps statistical surveying report is the examination arranged by investigators, which contain a nitty gritty examination of drivers, limitations, and openings alongside their effect on the Industrial Vacuum Pumps showcase development. This exploration report will help with being pertinent The worldwide pea protein preparing hardware market to develop at a CAGR of 5.91% amid the period 2017-2021. Global Pea Protein Processing Equipments Market Research 2017-2021, has
Global Pea Starch Market
https://www.qandqmarketresearch.com/report-sample/pea-starch-market-82 This report studies the global Pea Starch market status and forecast, categorizes the global Pea Starch market size value & volume by key players, type, application, and region. This report focuses on the top players in North America, Europe, AsiaPacific, South America, and Middle East & Africa. The global Pea Starch market is valued at million US$ in 2017 and will reach million US$ by the end of 2025, growing at
Global Pea Protein Market 2018 - Roquette, Cosucra, Nutri-Pea
Apex Market Reports, recently published a detailed market research study focused on the “Pea Protein Market” across the global, regional and country level. The report provides 360° analysis of “Pea Protein Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Pea Protein on
Pea Protein Market Lucrative Opportunites By 2024
Pea protein has a variety of application in the food and beverage industry. It is rich in essential nutrients and has an advantage of functional characteristics with a large amount of amino acids. They are segmented into concentrates, isolates and textured pea depending on their protein content. They are used at meat extender, substitutes and analogs. The global pea protein market is anticipated to witness a dramatic growth in its