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Pea Protein Market Size and Growth Forecast 2025.

Added: (Fri Jun 21 2019)

Pressbox (Press Release) - Market Overview

The global Pea Protein Market was worth USD32.09 million in 2017 and is estimated to reach USD176.03 million by 2025, registering a CAGR of 23.6% from 2018 to 2025. Pea protein is extracted from green and yellow peas and is employed in some protein supplements and protein-enriched foods. Pea protein contains all the essential amino acids needed for healthy body function. It helps to enhance blood circulation and calcium absorption, do weight management, boost metabolism, maintain healthy muscle, and regulate blood sugar. Pea protein is 100% vegan and lactose-free and is safe for individuals with allergies or sensitivities to dairy and eggs. Therefore, vegetarians and vegans prefer pea protein products to supplements with protein derived from dairies, such as casein, whey proteins, eggs, or meat.

Market Drivers and Restraints:

Improved health consciousness, multiple health advantages, and increased demand for meat protein alternatives have increased the demand for pea protein within the past few years, thus propelling the expansion of pea protein. In addition to that, factors, such as the trend of living using pea protein in numerous merchandises, a consistent increase in food & beverages industries, raised demand for organic-based foods, and innovations in protein-based merchandise, have supplemented the world pea protein market expansion. Nonetheless, low client awareness regarding the pea protein-based merchandise and formulation challenges in pea protein products affect the growth of the market to a more considerable extent. Inclusion of pea protein in sports nutrition and weight management merchandise are estimated to increase the popularity and demand of pea protein within the subsequent years.

To know more, click the link below:
https://www.marketdataforecast.com/market-reports/global-pea-protein-market-764/

Report segmented as:

By Type:
• Concentrated
• Isolated
• Textured
o Wet
o Dry
By Applications:
• Snacks and Bakery Products
• Meat Extenders
• Food $ Beverages
• Other Food Application

Geographical Analysis:

By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America is expected to be the biggest market for pea protein both in terms of value and volume in 2017. Factors, like rising population, growing health awareness, and increasing innovative product introductions, have been propelling the pea protein expansion in these regions. The Asia-Pacific region is estimated to be the quickest-expanding market in terms of value during the forecast period. This expansion is majorly driven by the increasing awareness among food & beverage producers, emerging urbanization, and growing customer demand for pea proteins, because of their high nutritional profile, especially in countries, such as China, Japan, and Australia. Pea protein isolate was the most significant sector that accounted for xxth of the world industry revenue in 2017. Isolates comprise protein content amounting to approximately 95%, which presents its application as dietary supplements within the sports nutrition trade. These products are also used as texturizing agents within meat goods, because of their properties, such as excellent emulsification, high amino acid content, good water-binding characteristics, and high solubility.
Important Market Players:The major players operating in this market are A&B Ingredients, Roquette Freres Le Romarin, Burcon Nutrascience Corporation, Cosucra Groupe Warcoing SA, Glanbia, Plc., Nutri-Pea Limited, Sotexpro SA, Axiom Foods, Inc., Farbest Brands/Farbest-Tallman Foods Corporation, and Shandong Jianyuan Foods Co., Ltd.
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