Textured Pea Protein Market Size 2024 to 2031.

Market Overview and Report Coverage

Textured Pea Protein is a plant-based protein derived from peas that has gained popularity as a meat substitute in vegetarian and vegan diets. It is a sustainable and environmentally friendly alternative to animal protein, which has contributed to its increasing demand in the food industry.
The future outlook of the Textured Pea Protein Market looks promising, with the market expected to grow at a CAGR of 8.00% during the forecasted period. This growth can be attributed to the rising awareness about the health benefits of plant-based proteins, increasing demand for meat alternatives, and the adoption of a vegetarian or vegan lifestyle by a growing number of consumers.
The current outlook of the market also appears favorable, with key players in the food industry investing in research and development to innovate new products using textured pea protein. Additionally, government initiatives promoting sustainable and plant-based diets are further driving the demand for textured pea protein.
Overall, the Textured Pea Protein Market is poised for significant growth in the coming years, with opportunities for expansion in various sectors including food, beverage, and nutrition.

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Market Segmentation
The Textured Pea Protein Market Analysis by types is segmented into:
• Isolated Textured Pea Protein
• Concentrated Textured Pea Protein

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Textured pea protein comes in two main types: isolated and concentrated. Isolated textured pea protein is a highly purified form that contains over 90% protein, making it ideal for those looking to boost their protein intake. Concentrated textured pea protein is a less refined version that contains around 70-80% protein, making it slightly less pure but still a good source of plant-based protein. Both types are popular choices for vegetarians, vegans, and those looking for a more sustainable protein source.

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The Textured Pea Protein Market Industry Research by Application is segmented into:
• Meat Substitutes
• Dietary Supplements
• Bakery Foods
• Beverages
• Others

Textured pea protein is commonly used in a variety of applications such as meat substitutes, dietary supplements, bakery foods, beverages, and others. In meat substitutes, textured pea protein is utilized to create plant-based alternatives that mimic the texture and taste of meat. In dietary supplements, it is often added to enhance protein content. In bakery foods, textured pea protein can improve texture and nutritional profile. In beverages, it is used to enhance protein content and add nutritional value. In other applications, textured pea protein can be used in various food products for added protein and dietary benefits.

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In terms of Region, the Textured Pea Protein Market Players available by Region are:

North America:
• United States
• Canada

Europe:
• Germany
• France
• U.K.
• Italy
• Russia

Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia

Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia

Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea


What are the Emerging Trends in the Global Textured Pea Protein market?
The global textured pea protein market is experiencing several emerging trends including the growing demand for plant-based protein sources, the increasing popularity of vegan and vegetarian diets, and the rising awareness of the health benefits of pea protein. Additionally, the expansion of the clean label movement and the emphasis on sustainable and environmentally-friendly products are driving the market growth. Companies are focusing on product innovations, such as introducing new flavors and formats, to cater to changing consumer preferences. The increasing adoption of textured pea protein in various food applications, such as meat alternatives, snacks, and bakery products, is also contributing to market expansion.

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Major Market Players
Roquette is a renowned player in the textured pea protein market. The company has a rich history of over 80 years in the plant-based ingredients industry. Roquette has experienced significant market growth in recent years due to the increasing demand for plant-based proteins. The company has a strong presence in the global market, with a wide range of products catering to various industries such as food, nutrition, and pharmaceuticals. Roquette's sales revenue in 2020 was reported to be around $4.7 billion.
Puris Foods is another key player in the textured pea protein market known for its high-quality plant-based ingredients. The company has a strong focus on sustainability and innovation, leading to substantial market growth in recent years. Puris Foods has established itself as a leader in the plant-based protein industry, offering a wide range of products to meet the growing demand for sustainable and healthy protein sources. In 2020, Puris Foods reported sales revenue of approximately $300 million.
Burcon Nutrascience Corporation is a leading player in the textured pea protein market, known for its patented extraction technology. The company has a strong track record of innovation and product development, leading to steady market growth over the years. Burcon Nutrascience Corporation has a growing presence in the global market, with a focus on providing high-quality and sustainable plant-based proteins. In 2020, the company reported sales revenue of around $20 million.
Overall, the textured pea protein market is highly competitive, with key players like Roquette, Puris Foods, and Burcon Nutrascience Corporation driving market growth through innovation, sustainability, and high-quality products. These companies have established strong footholds in the market and are poised for further expansion in the coming years.

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