Press release
Pea Protein Isolate Market Size, Status, Recent Trends and Future Scope Analysis to 2027
The global Pea Protein Isolate market is projected to reach USD 3.68 Billion by 2027 from USD 2.7 Billion in 2021, at a CAGR of 12.0% from 2022 to 2027.Pea is a leguminous plant in which the pea seeds comprise massive amounts of protein (20-30%). It mostly exists as globulins, which are the main components in Pea Protein Isolate (PPI) products. Protein from peas might be produced based on wet-milling and dry-milling technologies, with protein content ranging from 48% to 90%. Nutritional benefits, oil-binding capacity, water-binding capacity, foam stability, foam expansion, whip capability, emulsion stability, gelatin, and emulsion ability ratio are vital functional properties of PPI and concentrates.
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Segment by Type
Low Purity Pea Protein Isolate (75%-80%)
Medium Purity Pea Protein Isolate (80%-85%)
High Purity Pea Protein Isolate (>85%)
Segment by Application
Sports Nutrition Food
Energy Drinks
Health Food
Pet Food
Others
Recent developments
Oct. 2021: Puris Protein LLC opened a new production facility in Dawson, Minnesota, U.S. that extra than doubles production capacity for this type of protein. The facility was retrofitted from an existing dairy plant and is projected to add about 100 new jobs.
In Dec. 2021, Ingredion Incorporated and Grupo arcor have agreed to form a joint venture that combines their production experience, complementary geographic footprints, and marketing capabilities to increase their food & beverage ingredient supplies to clients in Argentina, Chile, and Uruguay.
Segmentation Analysis
Isolates to Hold Major Market Share due to Increasing Expenditure on Research Pertaining to Human HealthProducts, such as pea protein isolates, have good emulsification and non-allergic characteristics. These features have attracted food & beverage producers to use these products as nutritional supplements in meat products, energy drinks, fruit mixes, and bakery items. Also, expansion of the sports nutrition industry in developed countries, contain the U.S., Germany, and the U.K., in light of new product launches by Cadbury and Amway in the energy mix segment is expected to growth the fortification of pea protein isolates shortly.
Product Portfolio: The Company has a product portfolio of Market that contains:
Pea Protein Isolate Market: Increasing competition among key companies, increasing horizontal and vertical expansion is further expected to fuel the growth of Market.
Key players operating the Pea Protein Isolate market includes Emsland Group, Roquette, Cosucra, Nutri-Pea, Shuangta Food, Yantai Oriental Protein Tech, Shandong Jianyuan Foods, Shandong Huatai Food.
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Pea Protein Isolate Market Regional Analysis
North America dominated the worldwide pea protein market and accounted for over 44% share of the global revenue in 2021. Rising demand for gluten-free products, increasing concerns regarding Cardiovascular Diseases (CVDs) caused by red meat consumption, and robust growth of the sports nutrition industry in North America are projected to drive the regional market over the forecast period. The protein (pea) market in North America is predictable to grow at a significant rate over the forecast period on account of the growing consumption of energy bars, cold cereals, and snacks. New product introductions by companies including Cargill and Mead Johnson focus on consumer needs for low saturated fat and cholesterol-free beverages, thus augmenting market request for protein ingredients.
Reasons to Buy Pea Protein Isolate Market Report
The report enables you to -
- Formulate significant competitor data, analysis, and insights to progress R&D strategies
- Recognize emerging players with potentially strong product portfolio and create effective counter strategies to gain competitive advantage
- Recognize and understand vital and diverse types of Pea Protein Isolate under development
- Progress market-entry and market expansion strategies
- Plan mergers and acquisitions successfully by identifying major players with the most promising pipeline
- In-depth examination of the product's current stage of development, territory and estimated launch date
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc.MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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