openPR Logo
Press release

Pea Protein Market to Reach US$ 104 Mn by 2026

08-31-2017 08:10 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Pea protein continues to gain popularity as a healthy alternative to other plant- and dairy- proteins. Global pea protein market volume will surpass 12,598.2 MT in 2016, representing market value of over US$ 34.4 Mn.

In addition to their direct consumption, demand for pea protein for use in bakery is increasing. Pea protein is quickly gaining popularity as it is a non-allergen and non-GMO protein. Favourable consumer perception towards pea proteins is influencing food manufacturers to include it as an ingredient in their offerings.

Dietary supplementation will continue to be the largest application segment in 2016 as well, representing 40.5% revenue share of the global market. Bakery & snacks - another key application segment - will account for US$ 10.3 Mn worth of demand in 2016, and increase of 10.9% over 2015.

Among all pea protein types, concentrates will continue to account for highest demand, representing 32% revenue share of the global market in 2016.

Request A Sample Copy Of This Report at: http://www.futuremarketinsights.com/reports/sample/rep-gb-697

North America will continue to lead global demand, and increase its revenue share to 35.3% in 2016. Widespread availability of raw materials and manufacturing companies in the region will continue to boost demand for pea proteins in the region.

Roquette Frères, Cosucra Groupe Warcoing and Nutri-Pea Limited are market leaders in the global pea protein landscape. The global pea protein market is highly fragmented, with the top three players accounting for nearly 50% revenue share in 2015. Leading companies are looking to expand their production capacity and launch new product offerings in a bid to cater to growing demand for pea protein. Developing economies will remain a key target market for pea protein manufacturers in 2016 and beyond.

Long-term outlook: FMI maintains a positive long-term outlook on the global pea protein market, estimating global revenues to surpass US$ 104 Mn by 2026. In terms of volume, the global pea protein market is anticipated to expand at a CAGR of 12.0% over 2016 - 2026.

Send An Enquiry@ http://www.futuremarketinsights.com/askus/rep-gb-697

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website :www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Pea Protein Market to Reach US$ 104 Mn by 2026 here

News-ID: 692357 • Views: 119

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for Pea

What's driving the Pea Protein market trends?
Leucine, Isoleucine, and Valine present in pea proteins help in the maintenance of tissues of the muscles. Pea proteins are easily digestible and are best suitable for the people having lactose intolerance. Changing food tastes, including the rising trend for protein-rich diet is anticipated to increase the pea protein consumption thereby boosting the global demand for pea proteins. As per the Global Market Insights Inc. report, the pea protein market is
Global Pea Protein Processing Equipments Market Research
The Global Industrial Vacuum Pumps statistical surveying report is the examination arranged by investigators, which contain a nitty gritty examination of drivers, limitations, and openings alongside their effect on the Industrial Vacuum Pumps showcase development. This exploration report will help with being pertinent The worldwide pea protein preparing hardware market to develop at a CAGR of 5.91% amid the period 2017-2021. Global Pea Protein Processing Equipments Market Research 2017-2021, has
Global Pea Starch Market
https://www.qandqmarketresearch.com/report-sample/pea-starch-market-82 This report studies the global Pea Starch market status and forecast, categorizes the global Pea Starch market size value & volume by key players, type, application, and region. This report focuses on the top players in North America, Europe, AsiaPacific, South America, and Middle East & Africa. The global Pea Starch market is valued at million US$ in 2017 and will reach million US$ by the end of 2025, growing at
Global Pea Protein Market 2018 - Roquette, Cosucra, Nutri-Pea
Apex Market Reports, recently published a detailed market research study focused on the “Pea Protein Market” across the global, regional and country level. The report provides 360° analysis of “Pea Protein Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Pea Protein on
Pea Protein Market Lucrative Opportunites By 2024
Pea protein has a variety of application in the food and beverage industry. It is rich in essential nutrients and has an advantage of functional characteristics with a large amount of amino acids. They are segmented into concentrates, isolates and textured pea depending on their protein content. They are used at meat extender, substitutes and analogs. The global pea protein market is anticipated to witness a dramatic growth in its
Global Pea Starch Market 2017 - Roquette, Cosucra, Nutri-Pea, Shuangta Food, Jia …
Global Pea Starch Industry 2017 is a comprehensive, professional report delivering market research data that is relevant for new market entrants or established players. Key strategies of the companies operating in the market and their impact analysis have been included in the report. Furthermore, a business overview, revenue share, and SWOT analysis of the leading players in the Pea Starch market is available in the report. Get Free Report Sample @