Pea Protein Market Worth 2352.71 Million USD By 2028

Market Overview:

The Pea Protein Market is valued at USD 951.86 Million in 2021 and is anticipated to reach USD 2352.71 Million over the forecast period 2028, at a CAGR of 13.8%.

Pea protein is a type of plant protein, mostly found in yellow and green peas. They are commonly found in a variety of foods and protein supplements. Essential amino acids, which are also necessary for the healthy operation of the human body, are rich in pea protein. Pea protein consumption improves calcium absorption and blood flow. Additionally, it encourages the development of healthy muscles that is healthful. According to DiMarino, a cup of yellow peas has roughly 8 grams of protein on its own. However, for every 100 calories, one scoop of pea protein isolate, the type of protein powder you would purchase at a supermarket, contains between 15 and 20 grams of protein. There are three types of pea protein products as Pea protein isolate, Pea protein concentrate, and Textured pea protein.

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Market Dynamics:

Driver:

The dietary supplements industry is growing in India, the nation now has a record-high number of health clubs and gyms. The country's pea protein industry is anticipated to grow as a result of an increasing number of young people joining gyms and fitness centers. India is a promising market due to the size of its vegetarian population, as well as rising purchasing power and dietary protein knowledge. Additionally, the government of the nation is dedicated to providing excellent food at an inexpensive price to the rural population, which has prompted many domestic food producers to use pea protein in a range of goods. Pea protein offers great nourishment to the body at a reasonable price that provides growth for market.

Opportunities:

In the projected period, pea protein's popularity and demand are anticipated to increase due to its inclusion in sports nutrition and weight-management products. The benefits of pea protein in health supplements include improvements in muscle mass, immunity, weight control, and athletic performance. The aging population, the trend toward health and wellness, and the rising incidence of diseases are the key factors that provide the growth for pea protein's use in nutritional and health supplements.

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Market coverage
•Available market numbers - 2022-2028
•Base Year - 2021
•Forecast Period - 2022-2028
•Segments covered - By Type, , By Form, By Source, By Application
•Competitive Landscape- Dupont,The Scoular Company,Emsland Group,Puris Foods,Rouquette Freres,Cargill Incorporated,Fenchem Inc.

Market Segmentation

By Type
•Isolate
•Concentrate
•And Textured

By Form
•Dry
•Wet

By Source
•Yellow Splits Peas
•Lentils
•Chickpea

By Application
•Nutrition and Health Supplements
•Bakery and Confectionery
•Meat Products and Alternatives
•Cereals and Snacks
•Beverages

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By Region
•North America (U.S., Canada, Mexico)
•Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
•Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
•Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
•South America (Brazil, Argentina, Rest of South America)

Major Key Players Considered in the Market

•Dupont
•The Scoular Company
•Emsland Group
•Puris Foods
•Rouquette Freres
•Cargill Incorporated
•Fenchem Inc.
•Burcon Nutrascience
•Nutri-Pea Ltd.
•Ingredian Inc.
•Axiom Foods Inc.
•The Green Labs LLC.
•Sotexpro SA
•Shandong Jianyuan Group
•Martin and Pleasance
•Cosucra Group and other major players.

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