Pea Protein Market Report Overview

Maximize Market Research provides a comprehensive analysis of Pea Protein to provide a current snapshot of the market to understand its feature in an optimized way. The Pea Protein Market report presents market characteristics in terms of accumulation, segmentation, dominance, and combination traits. The report provides a Pea Protein market overview by standard topics which are highlighted with customized data according to the necessity. This overview helps in decisions on how to approach the market and understand the context of the Pea Protein industry.

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Market Value

Pea Protein Market was valued at US$ 565.86 Bn. in 2022, with a CAGR of 14.47% for the period 2023-2029.
Pea Protein Market Report Scope and Research Methodology

The Competitive landscape section illustrates the growth strategies embraced by suppliers in the Pea Protein industry. The coverage in this segment offers valuable perspectives at various tiers, enabling stakeholders to stay current with industry trends and engage in the economic dynamics. Within the Pea Protein market report's competitive scenario, companies' activities are categorized into Merger & Acquisition, Agreement, Collaboration & Partnership, Product Launch & Enhancement, Investment & Funding, as well as Award, Recognition & Expansion.

The accumulated news within the Pea Protein report equips suppliers with insights into market gaps and competitors' strengths and weaknesses, thereby offering valuable information to enhance products and services. It presents a clear picture of the supplier's revenue contribution to the overall Pea Protein market relative to other players in the field. Furthermore, it sheds light on the performance of players concerning revenue generation and customer base in comparison to their counterparts.

Dynamics of the Pea Protein Market:

A growing segment of the consumer base has demonstrated a preference for nutritional supplements. Growing health concerns related to lifestyle choices, such as diabetes, obesity, and allergies, are bringing attention to the components used in food products. Furthermore, pea protein is typically gluten-free and non-GMO. It belongs to the clean-label food categories, ideally. Growing consumer demand in the food sector for organic, non-GMO, vegan, and gluten-free goods is driving up demand for pea protein. For instance, NuGo Nutrition launched NuGo Protein Cookies in September 2017 as part of its efforts to expand its product line. The company bills these cookies as the first and only vegan, gluten-free pea protein cookies. The first well-known brand of protein bars to provide protein cookies is NuGo.

Pea Protein Market Regional Insights

Each regional Pea Protein market sector is thoroughly investigated to determine its current and future growth prospects. This helps clients to grow their businesses. The Pea Protein market report covers all five regions and their country-wise distribution. Their market size and trends are also included in the Pea Protein report.

Pea Protein Market Segmentation:

by Form

Dry
Wet

by Type

Isolates
Concentrates
Textured

by Source

Split yellow peas
Lentils
Chickpeas

by Application

Meat substitutes
Performance nutrition
Functional foods
Snacks
Beverages

The market for pea protein is further divided into the following segments based on the application segment: meat alternatives, functional foods, beverages, snacks, bakery goods, and confections. The market for pea protein used to replace meat was assessed to be worth USD 50 million in 2022, and during the estimated period (2023–2029), it is anticipated to grow at a rate of about 13% CAGR. Over the projection period, there should be a rise in demand for meat substitutes due to the increased desire for plant-based dietary products. In recent years, the product has been used more and more to manufacture meat substitutes such minced beef and burger patties because of its affordable production costs and convenient storage options.

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Pea Protein Market Key Players:

1. Cosucra Groupe Warcoing
2. Nutri Pea Limited
3. Sotexpro
4. Roquette Freres
5. Glanbia Plc
6. Fenchem Biotek Ltd.
7. Prinova Group LLC
8. Yantai Shuangta Food Co.
9. Burcon Nutrascience
10.AGT Food & Ingredients, Inc.
11.World Food Processing L.L.C.
12.Puris Foods
13.Ingredeion Inc.
14.Emsland Group
15.DuPont
16.The Scoular Company
17.A&B Ingredients.
18.Axiom Foods
19.Shandong Jianyuan group
20.Kerry Inc.
21.Batory Foods
22.The Green Labs LLC.0

Table of content for the Pea Protein Market includes:

Part 01: Executive Summary

Part 02: Scope of the Pea Protein Market Report

Part 03: Global Pea Protein Market Landscape

Part 04: Global Pea Protein Market Sizing

Part 05: Global Pea Protein Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Key Questions answered in the Pea Protein Market Report are:

What is Pea Protein?
What is the CAGR of the Pea Protein market during the forecast period?
What is the expected Pea Protein market size by 2029?
Which segment held the largest Pea Protein market share in 2022?
What is the competitive scenario of the Pea Protein market?
What are the main factors driving the growth of the Pea Protein market?
Which region has the maximum Pea Protein market share?
Who are the major players in the Pea Protein market?
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