openPR Logo
Press release

Pea Milk Market Driven by Growing Demand for Plant based Dairy Drinks

02-02-2018 11:34 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Pea Milk Market Driven by Growing Demand for Plant based Dairy

Pea Milk Market Introduction:

Plant based milk alternatives are gaining immense popularity across the globe mainly attributed to growing trend towards clean label products. Today consumers worldwide are demanding for drinks that are organic and at the same time healthy. Pea milk is a recent innovation in the dairy industry wherein manufacturers are looking for inexpensive solution to fulfill the growing demand for protein across the globe. Pea milk is extracted from yellow peas and constitute same amount of protein as delivered by cow milk and way more than that present in almond milk. Milk extracted from peas is cost effective, produces a clean taste and does not delivers strong flavor as other plant based milk available in the market. The global pea milk market is expected to represent significant growth opportunities owing to its impressive acceptance among consumers. Other nondairy milk currently available in the market include, soy, almond, rice, coconut, oats and others.

Download PDF Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=32585

Pea Milk Market Segmentation:

The global pea milk market is segmented by packaging, by end user, by flavor, sales channels by region. By packaging the global pea milk market is segmented into, carton packaging and bottles. Manufacturer of pea milk are targeting kids by launching pea milk in small carton packages in order to generate significant revenues. By end user the global pea milk market is segmented into, adults and children’s. By flavor the global pea milk market is segmented into, vanilla, chocolates and others. Growing demand for different flavors is pushing manufacturers to bring drinks with different flavors in the market which is further pushing the revenue generation from the segment. By sales channel the global pea milk market is segmented into, supermarkets/hypermarkets, e-Commerce, convenience stores and other retail formats. Supermarkets/ hypermarkets and e-commerce sales channel segments are expected to deliver strong opportunities in the overall pea milk market over the forecast period.

Pea Milk Market Regional Outlook:

On the basis of region the global pea milk market is segmented into, North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan and Middle East and Africa. North America is expected to account for significant revenue shares in the global pea milk market over the forecast period. Increasing demand for protein rich foods has led to development of alternative protein sources which is expected to boost the market revenue generation in the overall pea milk market. Markets including Western Europe, Asia pacific and Middle East countries are expected to create significant growth opportunities in the overall pea milk market over the forecast period. Milk extracted from pea have substantially low carbon and water footprint as plantation do not require much fertilizer and irrigation. Ripple Foods who is the only manufacturer of pea milk based in U.S. mentioned that it requires 96% less water to make pea milk than almond milk, 99% less than dairy milk, and 76% less than soy milk.

Buy this Report at: https://www.transparencymarketresearch.com/checkout.php?rep_id=32585<ype=S

Pea Milk Market Drivers and Trends

Growing demand for plant based dairy drinks is delivering incremental growth to the overall market for pea milk. Increasing demand for drinks that are protein enriched with minimal sugar content coupled with increasing lactose intolerant population is further spurring the market revenues of the global pea milk market. The toughest challenge hindering the growth of pea milk is its cost. Pea milk is priced 30% more than organic dairy milk which is limiting its consumption among cost-conscious consumers. Also, slow acceptance of this product among the consumers is also expected to hinder its market revenue generation over the forecast period.

The global market for Pea Milk is expected to depict considerable growth during the forecast period attributable to increasing world protein deficiency.

Pea Milk Market Key Players:

Key player operating in the global pea milk market includes, Ripple Foods. The company bought the product to the market place in 2015 with the aim to provide plant based dairy products. Pea milk is a rich source of protein, vitamin D, iron and DHA omega-3s, which are essential fatty acids. Other manufacturers are trying to incorporate the technology in order to bring other pea based dairy drinks in the market.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.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 Milk Market Driven by Growing Demand for Plant based Dairy Drinks here

News-ID: 928643 • Views:

More Releases from Transparency Market Research

Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights for the USD 15.9 Bn Market 2022-2031
Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights f …
The global handheld marijuana vaporizer market has witnessed remarkable growth in recent years, attributed to the increasing acceptance of medicinal marijuana and the demand for convenient and discreet consumption methods. Valued at US$ 5 billion in 2021, the market is projected to surge at a CAGR of 13.4% to reach US$ 15.9 billion by 2031. This article delves into the factors driving this growth, the evolving market landscape, and the
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And Competitors
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And …
The COVID-19 pandemic has precipitated a remarkable surge in the demand for disinfectant products, with a notable emphasis on disinfectant wipes as an essential tool in maintaining hygiene and preventing the spread of pathogens. This research report delves into the multifaceted landscape of the disinfectant wipes market, elucidating key trends, drivers, and innovations shaping the industry. 𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70359 Key Players and Market Developments Key players
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Study
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period. Moreover, the market is expected
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market. Vascular closure devices is estimated to reach a value of ~US$ 1 Bn

All 5 Releases


More Releases for Pea

Pea Protein And Pea Protein Powder Market Scope of The Report & In-depth Methodo …
The latest Release from "Stratagem Market Insights" is titled "Pea Protein And Pea Protein Powder Market Research Report 2022-2030", This Market report offers qualitative and quantitative insights as well as a thorough examination of the market size and expansion rate of all potential market segments. The report has been put together using primary and secondary research methodologies, which offer an exact and detailed understanding of the market. The research report
Pea Fiber Market Inclinations Exhibit Growing Demand during the Period until 202 …
The new report on the pea fiber market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2014 – 2018. This highly favorable growth of the pea protein creates a highly conducive environment for the associated pea fiber market, which is expected to exhibit a promising CAGR of ~8% during the forecast period (2019-2029. The business intelligence
Organic Pea Protein Industry:
This report, provides forecast and analysis of the global Organic pea protein market. It provides actual data of 2017 along with estimated data of 2018, and forecast data up to 2026 in terms of revenue (US$ Mn) and volume (MT). The report includes share of top pea producing countries in the world, export/import volume and value of Pea of top exporting and importing countries and industry value chain analysis.
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
Global Pea Protein Market 2017 Industry Research Report : Roquette, Cosucra, Nut …
Qyresearchreports include new market research report "Global Pea Protein Market 2017 Industry Research Report" to its huge collection of research reports. This report on the global Pea Protein market has been compiled by research analysts of the industry, with a primary aim to offer relevant information on the current market conditions for the global Pea Protein. Its objective is to talk about the growth prospects of the market and reach out