Pea Protein Market Overview:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Pea Protein Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Pea Protein market, with forecasts outspreading to the year 2030.

Projected Growth Trajectory for Pea Protein Market:

The size of the pea protein market was estimated to be worth USD 592.95 million in 2023. From 2024 to 2030, the market's total revenue is projected to increase at a compound annual growth rate (CAGR) of 12.02%, or close to USD 1312.05 million.

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Pea Protein Market Scope and Methodology:

The Pea Protein market research offers in-depth details on important factors, such as those anticipated to fuel the industry's expansion and impending challenges. Stakeholders will have a solid understanding of the industry's competitive landscape, the products pushed by well-known brands, and the investment potential in the Pea Protein market. Both the qualitative and quantitative aspects of the industry are covered in the study. The MMR investigation's purview includes a thorough analysis of the competition for the Pea Protein Market.

Many additional requirements, each with a detailed reason, are included in the study. In order to build the Pea Protein Market, a wide range of primary and secondary sources of information were taken into consideration, including government documents, websites, yearly reports, and expert and professional opinions.

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Pea Protein Market Regional Insights:

The market size, growth rate, import and export by region, and other relevant statistics are all thoroughly analyzed in this study. The regional analysis of the research makes it easy to understand the Pea Protein market situations in different countries. The markets in Latin America, Africa, Asia Pacific, North America, and the Middle East make up the Pea Protein market.

Pea Protein Market Segmentation:

by Type

Isolates
Concentrates
Textured

With over 58% of the entire revenue generated by the pea protein market, the isolates segment held the lion's share of the market in 2023. The yellow pea protein isolate, which is generally obtained from peas grown in North America or Europe, is the main focus of the isolates segment, which frequently makes up the greatest portion. To produce protein from pea isolate, the outer shell of the pea is typically removed in accordance with standard food industry processes before the pea is ground into flour. The other ingredients, such as fiber and starch, are removed by a second filtration procedure. This leaves behind a white precipitate, which is then distilled to create pea protein isolate, which is then used to make protein powder. Notably, the industrial manufacturing procedure used to produce pea protein isolate sets it unique from conventional pea protein.

by Source

Split yellow peas
Lentils
Chickpeas

by Application

Meat substitutes
Performance nutrition
Functional foods
Snacks
Beverages

by Form

Dry
Wet

According to form, the Wet category held the biggest market share for pea protein in 2023 and is predicted to expand at the fastest rate of growth (CAGR) between 2024 and 2029. Wet pea protein is used in baked foods, meat products, and confections as a texturizing agent. Wet pea protein's fibrous nature is also anticipated to encourage its integration into fruit juice blends and energy supplements.

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Pea Protein Market Key Players:

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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Key questions answered in the Pea Protein Market are:

• What is Pea Protein?
• What was the Pea Protein market size in 2023?
• What is the growth rate of the Pea Protein Market?
• Which are the factors expected to drive the Pea Protein market growth?
• What is the CAGR at which the Pea Protein market will grow during the forecast period?
• What are the different segments of the Pea Protein Market?
• Which is the fastest growing region in the Pea Proteinmarket?
• What growth strategies are the players considering to increase their presence in Pea Protein?
• What are the upcoming opportunities and trends for the Pea Protein Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Pea Protein Market?
• Who are the leading companies and what are their portfolios in Pea Protein Market?
• What segments are covered in the Pea Protein Market?
• Who are the key players in the Pea Protein market?

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Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2023)
• Past Pricing and price curve by region (2018 to 2023)
• Market Size, Share, Size & Forecast by different segment | 2024−2030
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis
• Recommendations

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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