Pea Protein Market is expected to reach US$ 6,650.63 Million by 2032, exhibiting a CAGR of 12.8%

Protein is one of the most vital building blocks of food, a nutrient that provides food its structure. Pea protein is the protein derived and extracted from yellow and green peas. It contains all the essential amino acids and is a great source of iron. Pea protein is usually used to enhance the protein content of shakes and smoothies. Also, it goes great with almost any diet as it's naturally vegan and hypoallergenic.

There are three main types of pea protein products on the market, including pea protein isolate, pea protein concentrate and textured pea protein. There are several potential benefits associated with consuming pea protein, which include easy digestibility, creamier texture, and vegan-friendly.

𝐊𝐞𝐲 𝐒𝐭𝐚𝐭𝐬

• The global pea protein market was valued at USD 2,244.15 million in 2023.
• The industry is expected to grow at a CAGR of 12.8% during the forecast period from 2024 to 2032.
• By 2032, the market is expected to reach USD 6,650.63 million.

𝐆𝐞𝐭 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.polarismarketresearch.com/industry-analysis/pea-protein-market/request-for-sample

𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐚𝐧𝐝 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬

• With the rising environmental and health considerations, the vegan community in European nations is expanding. The vegan population prefers plant-based protein-fortified products to meet their protein needs, impacting the pea protein market development favorably.

• Industry participants are constantly investing in product innovations in manufacturing to cater to specific functions such as muscle repair, weight loss, and satiety. This, in turn, is supporting the development of the industry.

𝐊𝐞𝐲 𝐏𝐚𝐫𝐭𝐢𝐜𝐢𝐩𝐚𝐧𝐭𝐬

The market is represented by strong competition, with established players depending on high-quality products, advanced technology, and a strong brand image to propel revenue growth. Here are the key participants operating in the industry:

• Axiom Foods, Inc.
• Burcon Nutrascience
• Cosucra Groupe Warcoing SA
• DuPont
• Fenchem, Inc.
• Ingredion, Inc.
• Martin & Pleasance
• Nutri-Pea
• Roquette Freres
• Shandong Jianyuan Group
• Sotexpro SA
• The Green Labs LLC
• The Scoular Company

𝐁𝐮𝐲 𝐍𝐨𝐰 𝐓𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭𝐬: https://www.polarismarketresearch.com/buy/637/2

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

The market segmentation is primarily based on form, product, source, application, and region. By product analysis, the isolates segment held the largest revenue share as they find extensive applications as nutritional supplements in a wide range of food products. Besides, the wet pea protein segment is anticipated to exhibit the fastest CAGR as it preserves more of the natural properties and characteristics of whole peas. Furthermore, according to form analysis, the dry segment is projected to account for the largest pea protein market share over the estimated period.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

• North America (U.S., Canada)
• Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
• Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
• Latin America (Brazil, Mexico, Argentina)
• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)

𝐁𝐫𝐨𝐰𝐬𝐞 𝐀𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐃𝐞𝐭𝐚𝐢𝐥𝐬: https://www.polarismarketresearch.com/industry-analysis/pea-protein-market

𝐏𝐞𝐚 𝐏𝐫𝐨𝐭𝐞𝐢𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬

• The Isolates segment dominated the revenue share in 2023. Isolates are widely utilized as nutritional supplements in various applications, including meat products, fruit mixes, energy drinks, and bakery items, owing to their favorable emulsification properties and non-allergenic characteristics. The expected growth in the sports nutrition sector, especially in developed nations like the U.S., Germany, and the UK, propelled by the introduction of new products like Amway and Cadbury in the energy mix segment, is anticipated to drive increased demand for isolates.

• The Dry segment held the highest market share throughout the forecast period. Processed through dry methods to create concentrates and isolates, pea protein exhibits heightened protein concentration, enhanced functionality, extended shelf life, and convenient handling and storage. These qualities make it highly attractive to both manufacturers and consumers seeking efficient protein sources. The powdered form of dry pea protein allows for seamless integration into various food applications without compromising texture or taste, ensuring prolonged shelf life and stability with its low moisture content. Additionally, its ease of handling and storage, coupled with its clean label appeal and alignment with the growing demand for plant-based protein alternatives, solidifies its market dominance.

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

𝗦𝗮𝗹𝘁 𝗖𝗼𝗻𝘁𝗲𝗻𝘁 𝗥𝗲𝗱𝘂𝗰𝘁𝗶𝗼𝗻 𝗜𝗻𝗴𝗿𝗲𝗱𝗶𝗲𝗻𝘁𝘀 𝗠𝗮𝗿𝗸𝗲𝘁: https://www.polarismarketresearch.com/industry-analysis/salt-content-reduction-ingredients-market
𝗔𝟮 𝗗𝗮𝗶𝗿𝘆 𝗣𝗿𝗼𝗱𝘂𝗰𝘁𝘀 𝗠𝗮𝗿𝗸𝗲𝘁: https://www.polarismarketresearch.com/industry-analysis/a2-dairy-products-market
𝗦𝘂𝗿𝗶𝗺𝗶 𝗠𝗮𝗿𝗸𝗲𝘁: https://www.polarismarketresearch.com/industry-analysis/surimi-market
𝗧𝗼𝗺𝗮𝘁𝗼 𝗖𝗼𝗻𝗰𝗲𝗻𝘁𝗿𝗮𝘁𝗲 𝗠𝗮𝗿𝗸𝗲𝘁: https://www.polarismarketresearch.com/industry-analysis/tomato-concentrate-market
𝗗𝗮𝗶𝗿𝘆 𝗣𝗿𝗼𝗰𝗲𝘀𝘀𝗶𝗻𝗴 𝗘𝗾𝘂𝗶𝗽𝗺𝗲𝗻𝘁 𝗠𝗮𝗿𝗸𝗲𝘁: https://www.polarismarketresearch.com/industry-analysis/dairy-processing-equipments-market

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:
Polaris Market Research
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Email: sales@polarismarketresearch.com

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:
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