Press release
Pea Protein Market Valued at USD 592.95 Million in 2023, Expected to Reach USD 1.31 Billion by 2030 with a 12.02% CAGR
Pea Protein Market
The Pea Protein Market size was valued at USD 592.95 Mn. in 2023 and the total Global Pea Protein Market revenue is expected to grow at a CAGR of 12.02% from 2024 to 2030, reaching nearly USD 1312.46 Mn. by 2030.
Pea Protein Market Overview:
Pea protein is a great plant-based protein derived from split peas, known for its dietary benefits and functional properties. It is rich in fundamental amino acids, especially lysine and threonine, and is viewed as an excellent protein and a utilitarian fixing in the global business because of its low high protein content, accessibility, reasonableness, and sustainability as a crop. Pea protein has magnificent utilitarian properties, for example, dissolvability, water and oil holding limit, emulsion capacity, gelation, and consistency, making it a promising fix in the food business.
๐๐ง๐ฅ๐จ๐๐ค ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐๐ฎ๐ซ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.stellarmr.com/report/Pea-Protein-Market/1656
What are Pea Protein Market Dynamics?
Rising Demand for Plant-based Proteins- The rise in demand is primarily attributed to the growing health awareness among the masses and the health benefits associated with plant-based diets. Also, Plant-based alternatives offer lower saturated fats and cholesterol, appealing to those seeking healthier options. The rising fame of vegan lovers and vegetarian ways of life has moved the interest in plant-based protein sources, with pea protein being a prime decision. According to a survey conducted by MMR, about 5% of Americans consider themselves vegetarians, and 3% consider themselves vegans. Only 2% of Americans identified as vegan in 2012, implying the vegan population growth. The vegan lifestyle is gaining popularity, with projections indicating that by 2040, only 40% of the world's population is going to consume meat.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ + ๐๐ซ๐๐ฉ๐ก๐ฌ ๐๐๐ซ๐:https://www.stellarmr.com/report/req_sample/Pea-Protein-Market/1656
What is Pea Protein Market Regional Insight?
Supply chain disturbances have been a huge test, ruining the market's capacity to fulfil needs proficiently and prompting variances in costs and accessibility of pea protein items. Despite the rising interest in plant-based proteins like pea protein, these disturbances have presented limitations on market extension because of the unstable supply of raw materials. The difficulties in keeping a consistent supply chain have restricted the market's development potential, influencing creation limits and generally market execution. Subsequently, organizations in the pea protein industry are confronting obstacles in guaranteeing a consistent stockpile of natural substances and overseeing costs successfully amid these disturbances.
What is Pea Protein Market Segmentation?
By Form
Dry
wet
By Source
Yellow split peas
chickpeas
lentils
By Application
Food
meat substitutes
performance nutrition
functional foods
snacks
bakery products
confections
other food applications
beverages
other applications
๐ ๐๐๐ ๐๐๐ญ ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ!https://www.stellarmr.com/report/req_sample/Pea-Protein-Market/1656
Some of the current players in the Pea Protein Market are:
Roquette Frรจres (France)
Cargill, Incorporated (US)
Glanbia PLC (Ireland)
Kerry (Ireland)
Ingredion Incorporated (US)
Emsland Group (Germany)
Yantai Shuangta Foods Co, Ltd (China)
The Scoular Company (US)
Burcon Nutrascience Corp (Canada)
Shandong Jianyuan Group (China)
DuPont
Puris Protein Llc
Fenchem Inc.
Key Offerings:
Past Market Size and Competitive Landscape
Pea Protein Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Pea Protein 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
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About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company's vision is to be an integral part of the client's business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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