Pea Protein Market Analysis 2024-30 | Industry Size, Current Scenario and Future Prospects

Market Overview: Global Pea Protein Market

In the recent study, Global Pea Protein Market Research Report,’ “MarkNtel Advisors – Leading Market Research Company” highlighted every essential and specific element that would aid in guiding stakeholders. The research provides the overall market landscape, key insights, significant drivers, major competitors, regulatory landscape, opportunities, current trends, the industry’s supply chain structure, changing policies, and the classification of product types, applications, major players, and sectors, among other things. The usage of self-explanatory tables, pie charts, and graphs in a creative format is one of the report’s standout features.

Growth Prospect of Pea Protein Market:

Abundant Availability of Pea Protein Alternatives : The various benefits of pea protein are contributing to their accelerating demand across different regions worldwide. However, the extensive presence of other alternative sources for protein like soy, hemp, rice, pumpkin, chia, sunflower, etc., might act as significant growth restraints for the Pea Protein Market during 2024-30. Additionally, the cost of organic products is relatively higher than conventional products, which adds up to another aspect that might reduce the demand for pea proteins among cost-sensitive consumers and hinder the market expansion in the years to come.

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Industry Size, Share and Value By 2030

The Global Pea Protein Market size was valued at around USD 1.4 billion in 2022 and is projected to grow at around 8% CAGR during the forecast period, i.e., 2024-30. The growth of the market is likely to be driven primarily by the mounting food requirements of the exponentially rising population globally, increasing consumer preference toward nutrient-rich food like pea protein for an active lifestyle, and an escalating number of vegan population inclining purely on plant-based food products.

Enlisting of the Market Segmentation & Identification of the Top Companies

To better understand or have an in-depth understanding of the industry, our dedicated group has put all of their efforts, following a rigorous research pattern to make the client better understand the Pea Protein.

-By Type

  • Isolates- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  • Textured- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  • Concentrates- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  • Others (Hydrolyzed, Fermented, etc.) – Market Size & Forecast 2019-2030F, USD Million, Thousand Tons

-By Form

  • Dry- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  • Wet- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons

-By Nature

  • Organic- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  • Conventional- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons

-By Source

  • Chickpeas- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  • Yellow Split Peas- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  • Lentils- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons

-By Application

  • Performance Nutrition- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  • Meat Substitutes- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  • Functional Foods- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  • Snacks- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  • Bakery Products- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  • Beverages- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  • Confectionery- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons

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Every market has major participants playing their individual role to bring new creations or upgradation in the particular market. This section offers an assessment of the competition in the market of Pea Protein:

  • Rouquette Freres
  • Ingredion Incorporated
  • Puris Protein Llc
  • Fenchem Inc.
  • Dupont
  • Axiom Foods Inc
  • Burcon Nutrascience Corp
  • Cosucra Groupe Warcoing
  • Sotexpro
  • Shandong Jianyuan Foods Co., Ltd.
  • Yan Tai Shuang Ta Food Co Ltd.
  • Et-Chem
  • Agt Foods
  • The Green Labs Llc
  • Nutri-Pea Limited
  • Others

Geographical Landscape of the Pea Protein Market

-By Region

  • North America
  • South America
  • Europe
  • Middle East & Africa
  • Asia-Pacific

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Valuable Highlights in the Pea Protein Market

  • The Pea Protein Market research offers information on the prevailing situation of the industry, including data on statistics, market size, and revenue.
  • The Pea Protein Industry Report gives a clear picture of the industry by analyzing the emerging trends & possible opportunities that would assist the investors or venture capitalists to take profitable decisions.
  • The study includes deep insights about the market, making market players informed about the target audience, including demographics & purchasing behaviors.
  • The Pea Protein Market study provides a detailed examination of the industry’s competitive landscape, including information on market share & pricing strategies.

Key Questions Addressed in the Market Research Report:

  • What is the projected size, share, & CAGR of the Pea Protein Market in the future years?
  • What are the key trends & emerging opportunities likely to impact the Pea Protein Market during 2024-30?
  • What are crucial aspects creating a barrier to the market growth?
  • What are the different segments & sub-segments considered in the market of Pea Protein research study?
  • Who are the key stakeholders & players participating in the Pea Protein Market?
  • What would be the demand for different types of products/services in the Pea Protein through 2030?

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