Pea Protein Ingredients Global Market Analysis And Forecast 2022 | Technologies, Demand, Growth, Research And Development 2031

The global pea protein ingredients market report by the business research company identifies growing demand for vegan protein is expected to propel the growth of the pea protein ingredients market going forward. Vegan protein refers to a vegan or vegetarian diet that means eating plant-based foods to get the required range of amino acids. This includes high-protein foods, such as tofu, tempeh, lentils, nuts, seeds, and quinoa. Pea Protein is a natural vegetable protein that is the finest source of protein for vegans and vegetarians. For instance, in December 2020, according to the Plant-Based Food Association, a US-based food association, the sales of plant-based food products had crossed $7 billion in 2020, with an increase of 27% compared to 2019. Also, the sale of plant-based protein powders has crossed $292 million in 2020, with an increase of 9.6% as compared to 2019. Therefore, the growing demand for vegan protein is driving the pea protein ingredients market.

The global pea protein ingredients market size is expected to grow from $1.59 billion in 2021 to $1.71 billion in 2022 at a compound annual growth rate (CAGR) of 7.3%. The global pea protein ingredient market size is expected to grow to $2.16 billion in 2026 at a CAGR of 6.3%.

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North America was the largest region in the pea protein ingredients market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global pea protein ingredient market during the forecast period. The regions covered in the pea protein market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Major players in the pea protein ingredients market are Cargill Incorporated, Agridient, Axiom Foods, Norben Company, Nutri Pea, Burcon NutraScience Corporation, Cosucra Groupe Warcoing, A & B Ingredients Inc, Shandong Jianyuan Foods Co. Ltd., Archer Daniels Midland Company, Fenchem, Kerry Group PLC, Prinova Group LLC, Batory Foods, PLT Health Solutions, Glanbia Plc., AGT Food & Ingredients, Inc., World Food Processing L.L.C., Yantai T. Full Biotech Co. Ltd., Suzhou Wanshen Flour Products Co. Ltd., Ingredion Incorporated, Cambridge Commodities Inc, and Consucra-Groupe Warcoing.

The global organic food market is segmented -
1) By Type:
Isolates
Concentrates

2) By Application:
Bakery and Snacks
Dietary Supplements
Beverages
Meat Substitutes

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The Pea protein ingredients Market Report Contents Include
1. Executive Summary
2. Pea Protein Ingredients Market Characteristics
3. Pea Protein Ingredients Market Trends And Strategies
4. Impact Of COVID-19 On Pea Protein Ingredients
5. Pea Protein Ingredients Market Size And Growth
……..
28. Key Mergers And Acquisitions In The Pea Protein Ingredients Market
29. Pea Protein Ingredients Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the pea protein ingredients market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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