openPR Logo
Press release

Pea Protein Market to surpass US$ 104 Mn by 2026

11-02-2017 02:49 PM CET | Advertising, Media Consulting, Marketing Research

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.

Obtain Report Details:
https://www.futuremarketinsights.com/reports/pea-protein-market

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

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.

Make Enquiry @
https://www.futuremarketinsights.com/reports/sample/rep-gb-697

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.

About FMI

Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.

FMI’s research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customised and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.

FMI’s team of over 200 research analysts provides market intelligence at global, regional, and country level. Our analysts are committed to provide independent insights, relying on our cognitive defusion training module, which conditions them to look at data objectively and unbiasedly.

Contact FMI

616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
Email:sales@futuremarketinsights.com
Website:https://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 surpass US$ 104 Mn by 2026 here

News-ID: 799231 • Views: 157

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 FMI

Wood Coatings Market Growth, Trends and Value Chain by FMI
Wood coatings refer to the process of refining or protecting a wooden surface, especially in the production of furniture. Wood coating applications include: interior wood, small furniture, panels, tables, cupboards, chairs, office furniture, kitchen furniture, doors and staircases among others. There are generally three types of wood coating: evaporative, reactive and coalescing. Wood coating starts with sanding either by hand or scraping. Imperfections or nail holes on the surface may
Future of Zwieback Market in Europe – STUDY OF FMI
Market Overview: The sweetened taste of a zwieback toast has made it one of the most prominent bread products across Europe. Zwieback is a common rusk available in European countries such as Germany, France, Slovenia, Italy, Greece, Scandinavia, and Austria. The similarities with Melba toast has made zwieback a key food product in the world, especially in Europe. The demand for zwieback in Europe is expected to register considerable growth,
Medication Dispenser Market Forecast and Analysis by FMI
According to Wikipedia, medication or pill dispenser is an equipment which releases medication at specified time. In simple language, an equipment gives a signal when the time comes to take the medicine. The purpose is to help senior citizens or people who may suffer from impaired ability to adhere to their prescribed medication regime. The device automatically releases the pre-measured dose into a small compartment that is easily opened and
Compression Therapy Market Forecast and Analysis by FMI 2015-2025
Compression Therapy is a process of applying external pressure to the limbs or other parts of the body through which different chronic disease can be treated. Compression therapy is a very effective technique for disease indication such as, Deep Vein Thrombosis (DVT), Venous Thrombolism (VTE), Varicose Veins, Lymphedema, Chronic and Diabetic Ulcers. A gradual pressure is being given to infected area or the veins which in turn increases the blood flow
Optical Encoder Market Updates and Forecast by FMI Till 2026
Rising demand for advanced automation systems will continue to positively impact global optical encoder market revenues. The global market, valued at US$ 1,357.4 Mn in 2015, is expected to register a y-o-y growth rate of 11.3 % and attain a market value worth US$ 1,464.5 Mn in 2016. Growing demand for high-quality assurance in surface mount technology (SMT) placement processes and increasing acceptance of advanced motion control systems will continue
Temperature Controlled Packaging Solutions Market Analysis : FMI
While North America will continue to be the most attractive market, the temperature controlled packaging solutions market in Asia Pacific excluding Japan (APEJ) will witness steady gains. According to a comprehensive analysis on the global temperature controlled packaging solutions market by Future Market Insights, companies seeking thermally-regulated packaging solutions for unhampered delivery of their products will continue to opt for insulated containers, with chest-type containers accounting for significant demand. However, during