Pea Protein Market: Overcoming Supply Constraints for Growth

Pea Protein Market was valued at US$ 565.86 Bn. in 2022, with a CAGR of 14.47% for the period 2023-2029.

Pea Protein Market Report Scope and Research Methodology

Report Scope: This comprehensive report offers an in-depth analysis of the Pea Protein market, covering key segments like market opportunities, dynamics, key manufacturers, growth rate, import-export details, and key regions. The report also provides insights into enabling technologies, current market scenarios, market assumptions, and restraining factors.

Research Methodology: The report employs a robust research methodology, combining primary and secondary research to provide accurate and reliable market data. It also includes PESTEL analysis, PORTER's analysis, and SWOT analysis to address key questions and assist decision-makers in prioritizing future investments.

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What are Pea Protein Market Dynamics?

The growing demand for vegan, non-GMO, gluten-free, and organic products in the food industry is a significant driver for the Pea Protein market. Health-conscious consumers are increasingly seeking products that align with their dietary preferences and lifestyle choices. This trend has led to the development of innovative products like gluten-free, vegan pea protein cookies, further boosting market growth.

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Pea Protein Market Segmentation:

Based on the Application Segment: Meat alternatives, Performance nutrition, Functional meals, Snacks, Beverages, Bakery products, and Confectionery are further sub-segmented within the Pea Protein market. The market for pea protein used in meat substitutes was assessed at USD 50 million in 2022 and is anticipated to grow at a rate of roughly 13% between 2023 and 2029. Over the projection period, there should be a rise in demand for meat alternatives due to the increased popularity of plant-based foods. The product has been utilized more frequently in recent years to create meat substitutes including burger patties and minced beef due to inexpensive processing costs and practical storage options.

by Form

Dry
Wet
by Type Isolates
Concentrates
Textured

by Source

Split yellow peas
Lentils
Chickpeas

by Application

Meat substitutes
Performance nutrition
Functional foods
Snacks
Beverages

Who are Pea Protein Market Key Players?

1. Cosucra Groupe Warcoing
2. Nutri Pea Limited
3. Sotexpro
4. Roquette Freres
5. Glanbia Plc
6. Fenchem Biotek Ltd.
7. Prinova Group LLC
8. Yantai Shuangta Food Co.
9. Burcon Nutrascience
10.AGT Food & Ingredients, Inc.
11.World Food Processing L.L.C.
12.Puris Foods
13.Ingredeion Inc.
14.Emsland Group
15.DuPont
16.The Scoular Company
17.A&B Ingredients.
18.Axiom Foods
19.Shandong Jianyuan group
20.Kerry Inc.
21.Batory Foods
22.The Green Labs LLC.

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Table of Content: Pea Protein Market

Part 01: Executive Summary

Part 02: Scope of the Pea Protein Market Report

Part 03: Global Pea Protein Market Landscape

Part 04: Global Pea Protein Market Sizing

Part 05: Global Pea Protein Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Regional Insights:

North America: The region dominated the global Pea Protein market in 2022, accounting for over 45% of global sales. Rising demand for gluten-free products, concerns about cardiovascular diseases linked to red meat consumption, and the growth of the sports nutrition industry are driving market growth.

Asia Pacific: The fastest-growing regional market, Asia Pacific, is expected to witness substantial growth due to increasing consumption of nutrient-fortified functional food products. Favorable regulatory dispositions in India and China support raw material supply, while the expanding food and beverage industry in China contributes to regional market growth.

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)

Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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