Pea Protein Ingredient Industry By Top Key Player: Axiom Foods, A&B Ingredients. COSUCRA, Cargill Inc., Nutri-Pea Limited Forecast to 2023

Pea Protein Ingredient Market

Pea Protein Market Analysis, Segmentation, Trends, Forecast, 2017-2023

Pea protein is a plant based protein extracted from yellow pea or Pisum sativum. It can be used as a dairy alternative for cheese and yogurt. It is gluten free and rarely cause allergies to consumers, which is driving its market by replacing egg protein and wheat protein. Moreover, owing to its functional attributes and appealing nutritious profile, the food and beverage industry is attracted to the pea protein.

Its diverse applications in the food products and sports supplements is adding fuel to the growth of the pea protein ingredient market. Additionally, it is used as an additive in animal feed to improve nutritious quality of the livestock feed.  

Key Findings 

Application of pea protein ingredient is expected to grow rapidly in the dietary supplement sector.
Canada, Russia, China, India, and the U.S. are the major producers and exporters in the pea protein ingredients market.
Key Players

Some of the key players profiled in the global pea protein ingredient market are Axiom Foods, Inc. (U.S.), A&B Ingredients. (U.S.), COSUCRA (Belgium), Cargill Inc. (U.S.), CHS Inc. (U.S.), Nutri-Pea Limited (Canada), Sotexpro (France)

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Pea protein is a plant based protein extracted from yellow pea or Pisum sativum. It can be used as a dairy alternative for cheese and yogurt. It is gluten free and rarely cause allergies to consumers, which is driving its market by replacing egg protein and wheat protein. Moreover, owing to its functional attributes and appealing nutritious profile, the food and beverage industry is attracted to the pea protein. Its diverse applications in the food products and sports supplements is adding fuel to the growth of the pea protein ingredient market. Additionally, it is used as an additive in animal feed to improve nutritious quality of the livestock feed.  

Market Scenario

Furthermore, the growth of food and beverage industry will surge the market of pea protein ingredient. Also, it is gaining popularity among consumers owing to its cost-effectiveness over other alternatives in the market such as soy, wheat, canola, and others.

Segments

Pea protein ingredients is segmented by products including isolates, concentrates, textured and others. Among all, isolates are dominating the market followed by concentrates. It is used as a texturizing agents in meat goods and comprise major share of protein contents than others. Moreover, concentrates are gaining popularity as sports supplement for its benefit of weight control.

On the basis of form, pea protein ingredients market are segmented as dry, wet and others. Dry form is holding a major share in the market for its vast applications in meat extenders, health supplements and bakery products. Moreover, liquid form is expected to grow due to its ease of getting blended in the food products.

Based on the application, it is segmented into dietary supplement, animal feed, food and beverages including meat substitute, functional beverages, bakery products, packaged goods and others. Among all, dietary supplement is dominating the market due to inclination of consumers towards health conscious diet and consumption of sports supplement.

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Major TOC Pea Protein Ingredient Market 

Methodology And Scope

Executive Summary

Pea Protein Ingredients Industry Insights

Pea Protein Ingredients By Product Insights

Pea Protein Ingredients By Form Insights

Pea Protein Ingredients Application Insights

Pea Protein Ingredients Regional Insights

Competitor Profile

Data Tables 

TABLE 1 PESTLE ANALYSIS – U.S. 

TABLE 2 PESTLE ANALYSIS- JAPAN 

TABLE 3 PESTLE ANALYSIS- CHINA 

TABLE 4 PESTLE ANALYSIS- FRANCE 

TABLE 5 PESTLE ANALYSIS- GERMANY 

TABLE 6 KEY SUPPLIERS OF PEA PROTEIN INGREDIENTS 

….Continued 

Regional Analysis

The global pea protein market is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). North American market projects the major share of the global pea protein market followed by Europe. The rising consumption of sports supplement is driving the market of pea protein ingredients in these regions. Moreover, increasing demand for gluten free items in the U.S. has made a positive impact in the pea protein ingredient market.

Furthermore, Asia Pacific is projected to grow rapidly in the coming years owing to the growth of functional foods in countries such as China, Japan, and India. Moreover, inclination towards sports nutrition sector in Argentina, Brazil, and Chile have a positive impact for pea protein market in these regions.   

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