Pea protein is a food which is extracted from the yellow pea, Pisum sativum, and has a typical legume amino acid profile with a neutral taste. It is widely used in dairy alternatives such as cheeses and yogurt. It is a high-quality protein and a great source of iron. It can aid muscle growth, weight loss and heart health. Thus, it can be found in energy bars, meal-replacement shakes, and vegetarian burgers. Pea protein comes in a powdered form and can be added to smoothies.
Pea Protein Market: Key Players
The research study includes profiles of leading companies operating in the global pea protein market. Key players profiled in the report include: Burcon NutraScience Corporation, Cosucra Groupe Warcoing, Farbest, Tallman Foods Corporation, Shandong Jianyan Group, The Scoular Company, Roquette Freres, Yantai Oriental Protein Tech, Sotexpro, and Fenchem Yantai Oriental Protein.
Drivers for the Global Pea Protein Market:
Increasing prevalence of chronic diseases, such as cardiac problems and other diseases enhances consumption of healthy die. Thus, rising consumption of flexitarian diet among majority of population drives pea proteins market globally. Moreover, increasing awareness regarding adverse effects associated with food comprising gluten and lactose is likely to play a crucial role in enhancing the product demand. Furthermore, its rich concentration of branched amino acids, protein and vitamins makes it well-matched with everyday balanced diet which is likely to generate pea protein market demand.
Opportunities for the Global Pea Protein Market:
Increasing demand for vegan alternatives in food & beverage industry along with rising awareness towards benefits of natural ingredients will propel the growth of pea protein market in coming future. It is very useful in manufacturing high quality & easily digestible meat alternatives owing to its neutral taste and binding texture characteristics. This will create lucrative opportunities in near future.
Region Wise, Global Pea Protein Market Analysis:
North America held maximum share of pea protein market due to increasing demand for gluten-free items in U.S., robust growth of the sports nutrition industry, and rising concerns regarding cardiovascular diseases caused due to red meat consumption. Europe held second position in pea protein market share as preference for lactose intolerances food is increasing. It also attributes to the shifting consumer inclination toward plant-based products. Asia Pacific is likely to witness the fastest CAGR during the forecast period due to development in hotel and restaurant industry along with increasing health conscious approach of population.
Global Pea Protein Market: Product analysis
Global Pea Protein Market: Application analysis
- Meat Substitutes
- Sports Supplements
Global Pea Protein Market: Region analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of L.A.
- Middle East and Africa
- South Africa
- Rest of Middle East
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