Pea Protein Market Metrics Marvels: Size, Share, Revenue, and Worth Statistics | 2024-2030

The Pea Protein Market size was valued at USD 592.95 Million in 2023 and the total Pea Protein Market revenue is expected to grow at a CAGR of 12.02% from 2024 to 2030, reaching nearly USD 1312.05 Million.

May 15, 2024 - 16:53
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Pea Protein Market Metrics Marvels: Size, Share, Revenue, and Worth Statistics | 2024-2030

Pea Protein Market Report Overview:

The Pea Protein Market research report provides an in-depth analysis that is required to make informed industry decisions and develop strategic growth plans. Regardless of the production method or cost structures, the Pea Protein   market report provides a full understanding of advanced tactics and plans. The report provides a detailed analysis of the dynamics influencing the market with key players in the Pea Protein   industry.

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Pea Protein Market Report Scope and Research Methodology:

The main objective of the report is to provide an analysis of the market’s growth rate, market size and valuation. Global Pea Protein   market research is a complete investigation of the variables that influence global demand, growth, opportunities, challenges, and restrictions. The Pea Protein   market report provides the competitive landscape of key companies in the global market, as well as their revenue and business strategies. It thoroughly analyzes the composition and outlook for both international and local Pea Protein   markets. For each of the regions and countries, the report is separated into qualitative and quantitative industrial features. The full research of the Pea Protein   Market by region includes a graphical overview and a diagrammatic breakdown.

Pea Protein  Market Segmentation:

by Type

Isolates
Concentrates
Textured

Isolates segment held the majority market share in 2023, accounting for over 58% of the total pea protein market revenue. The Isolates segment, often comprising the largest share, is primarily associated with yellow pea protein isolate, typically derived from peas cultivated in North America or Europe. In standard food industry practices, the outer shell of the pea is commonly removed before the pea is ground into flour, thus producing protein from pea isolate. A subsequent filtration process is employed to eliminate residual components, including fibre and starch, resulting in a white precipitate that is distilled into pea protein isolate, ultimately utilized in the production of protein powder. Notably, pea protein isolate stands apart from regular pea protein due to its industrial manufacturing process. These distinctive characteristic positions pea protein isolate within the Pea Protein Market, accounting for a significant share in 2023, with a projected substantial CAGR expected during the forecast period.

by Source

Split yellow peas
Lentils
Chickpeas

by Application

Meat substitutes
Performance nutrition
Functional foods
Snacks
Beverages

by Form

Dry
Wet

The Wet segment accounted for the largest pea protein market share in 2023 and is expected to grow at the highest CAGR during the 2024-2029. Wet pea protein is working as a texturizing agent in meat products, baked goods, and confectionery. Additionally, the fibrous content of wet pea protein is expected to drive its incorporation into fruit juice mixes and energy powders.

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Pea Protein Market Key Players include:

Major Pea Protein Providers in North America:

1. DuPont (United States)
2. Ingredion (United States)
3. Puris (United States)
4. The Scoular Company (United States)
5. Burcon (Canada)
6. AGT Food and Ingredients (Canada)
7. The Green Labs LLC. (United States)
8. Axiom Foods, Inc. (United States)
9. Farbest Brands (United States)

Leading Pea Protein Manufacturers in Europe:

1. Roquette Frères (France)
2. Cosucra Groupe Warcoing SA (Belgium)
3. Cosucra (Belgium)
4. Sotexpro (France)
5. Emsland Group (Germany)
6. Glanbia PLC (Ireland)
7. Kerry (Ireland)

Key Players of Pea Protein Market in APAC:

1. Yantai Shuangta Foods Co., Ltd (China)
2. Shandong Jianyuan Group (China)
3. ET-Chem (China)
4. Shandong Xiangchi Jianyuan Bio-Tech Co., Ltd. (China)
5. Fenchem Biotek Ltd. (China)
6. Shandong Huatai Food (China)
7. Shuangta Food (China)
8. Shandong Oriental Herbest Bio-Tech Co., Ltd. (China)
9. Fencol Corporation (China)

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Pea Protein Market Regional Analysis:

The Pea Protein   market report consists of an analysis of all the regions: Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. The market's primary geographic condition, as well as segments and sub-segments, are examined in the Pea Protein   Industry Research. The current state of the regional market is provided in the report in terms of market size, share, and volume.

Key questions answered in the Pea Protein  Market are:

  • What is Pea Protein  Market?
  • What are the global trends in the Pea Protein Market?
  • What are the major challenges that the Pea Protein   Market could face in the future?
  • How is the intervention from regulatory authority is shaping the Pea Protein   Market?
  • What growth strategies are the players considering to increase their presence in Automotive Relay Market?
  • Who held the largest market share in Pea Protein   Market?

Key Offerings:

  • Market Share, Size & Forecast by Revenue | 2024−2030
  • Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
  • Market Segmentation – A detailed analysis by Route of administration, Application, Facility of use and Region and Region
  • Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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