Pea Protein Market Share 2019 Global Leading Players, Trends, Segments, Regional Analysis, and Industry Forecast 2024
Oct 23, 2019
MarketStudyReport.com present the report on global Pea Protein Market report evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2018-2024.
Selbyville, Delaware - October 23, 2019 /MarketersMedia/ —
Major industry participants for pea protein market include The Scoular Company, Cosucra-Groupe Warcoing, Roquette Frerers, Shandong Jianyuan Group and Glanbia Nutritionals. Prominent manufacturers are engaged in production capacity expansions to satisfy growing consumer demand and research & development initiatives to identify better active ingredients which should promote pea protein market growth.
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Pea protein Market may exceed USD 160 million by 2024. Increased consumer preference for vegetarianism along with rising product use in various applications including meat substitutes, nutraceuticals and sports supplements should stimulate pea protein market growth. This is a low-calorie food having high protein content, is easily digestible and is an ideal source of post workout nutrition. Increasing consumer awareness regarding nutritious and healthy diet and rising food sensitivity concerns are likely to further stimulate product demand.
Pea protein isolate market surpassed USD 25 million in 2017 primarily on account of growing demand from bakery products, snacks and beverage industries. These products finds widespread use as meat texturizing agents pertaining to their substantial amino acid content, desirable water-binding properties, high solubility and excellent emulsification. Isolates contains over 90-95% of proteins and are viable alternatives for people allergic to dairy products which is likely to increase product demand from the sports nutrition sector.
North America pea protein market from meat substitute applications should exceed USD 20 million by 2024. These products are suitable for consumers allergic to animal-based products and vegetarians who struggle to fulfill their daily nutrient intake. Technological advancement in manufacturing techniques have resulted in textured product development which resemble meat. Rising concerns towards cardiovascular diseases caused due to red meat consumption and significant consumer trend for weight management should accelerate market growth.
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Europe pea protein market from nutraceutical applications surpassed USD 2.3 million in 2017 majorly pertaining to growing demand for gluten & fat-free nutritional products. These products offer significant amino acid content, primarily that of glutamine which promotes health and wellness. Pea proteins possess good water-binding characteristics, improve heart health and immune function. Significant consumer demand for great tasting products with simpler labels and alternative nutrient sources to solve their personalized nutrition choices should further boost market growth.
Table of Content:
Chapter 1 Methodology & Scope
1.1 Methodology
1.2 Market definitions
1.3 Market estimation & forecast parameters
1.4 Data Sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid Sources
1.4.2.2 Public Sources
Chapter 2 Executive Summary
2.1 Pea protein industry 360 degree synopsis, 2018 - 2024
2.1.1 Business trends
2.1.2 Regional trends
2.1.3 Product trends
2.1.4 Application trends
Chapter 3 Pea Protein Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2013-2024
3.3 Industry ecosystem analysis
3.4 Raw material analysis
3.5 Pricing analysis
3.6 Product cost analysis
3.7 Cost structure analysis, 2017
3.8 Technology landscape
3.9 Company technology landscape
3.10 Regulatory landscape
Chapter 4 Pea Protein Market, By Product
4.1 Key product trends
4.2 Isolates
4.2.1 Global pea protein isolates market, 2013 - 2024
4.2.2 Global pea protein isolates market, by region, 2013 - 2024, (Kilo Tons) (USD Million)
4.3 Concentrates
4.3.1 Global pea protein concentrates market, 2013 - 2024
4.3.2 Global pea protein concentrates market, by region, 2013 - 2024, (Kilo Tons) (USD Million)
4.4 Textured
4.4.1 Global textured pea protein market, 2013 - 2024
4.4.2 Global textured pea protein market, by region, 2013 - 2024, (Kilo Tons) (USD Million)
Chapter 5 Pea Protein Market, By Application
5.1 Key application trends
5.2 Meat substitutes
5.3 Nutraceuticals
5.4 Sport supplements
5.5 Others
Chapter 6 Pea Protein Market, By Region
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