Press release
Textured Pea Protein Global Market Size is Expected to Grow to $0.82 Billion at a CAGR of 8.8% By 2027 | Key Players: Roquette, Puris Foods, Nisco ApS, Sotexpro, Exeller N.V.
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Textured Pea Protein Global Market Report 2023 identifies the rising consumer interest in plant-based protein is contributing to the growth of the textured pea protein market. In recent years, consumer interest in plant-based diets has increased significantly with vegan, vegetarian, and flexitarian diets becoming quite prevalent.
The global textured pea protein market size grew from $0.53 billion in 2022 to $0.59 billion in 2023 at a compound annual growth rate (CAGR) of 10.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The market size of the textured pea protein market is expected to grow to $0.82 billion in 2027 at a CAGR of 8.8%.
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Major players in the textured pea protein market are Roquette, Puris Foods, Burcon Nutrascience Corporation, Nisco ApS, Sotexpro, Exeller N.V., Vestkorn Milling AS, Nutri-Pea Limited, Cosucra Groupe Warcoing SA, Scoular, Axiom Foods Inc., AGT Foods, The Green Labs LLC, DuPont Nutrition & Biosciences, Shandong Jianyuan Group, and Kerry Group plc.
The launch of organic pea protein isolate is an emerging trend in the textured pea protein market. Major companies operating in the textured pea protein sector are focused on introducing organic pea protein to meet the consumer demand for organic protein products.
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The Textured Pea Protein market is segmented -
1) By Product Type: Yellow Peas, Green Peas
2) By Nature: Organic, Conventional
3) By Processing Type: Dry Processing, Wet Processing
4) By End Use: Food Processing, Animal Feed, Nutraceuticals, Sports Nutrition, Infant Nutrition, Cosmetic And Personal Care, Other End-users
5) By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Textured Pea Protein market.
The Business Research Company's "Global Textured Pea Protein Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Textured Pea Protein Market Include:
1. Executive Summary
2. Textured Pea Protein Market Characteristics
3. Textured Pea Protein Market Trends And Strategies
4. Textured Pea Protein Market - Macro Economic Scenario
5. Textured Pea Protein Market Size And Growth
……
27. Textured Pea Protein Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Textured Pea Protein Market
29. Textured Pea Protein Market Future Outlook and Potential Analysis
30. Appendix
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