According to SPER Market Research analysis,
the global pea protein market was valued at USD 627.56 million in 2019 and expected to generate USD 1668.9 million by 2027 at a CAGR of 11.94% during the forecast period (2020-2027). The growing demand for pea protein isolate in manufacturing sports nutrition solutions will boost the growth of the market in future periods. The increasing applications of pea protein in bakery & confectionery preparations such as chocolates, candies, and energy bars are estimated to promulgate the market growth. Due to its easily digestible, nontoxic, and non-allergic products, pea protein is growing in usages in meat substitutes, cereals, beverages, bakery products, and sports supplements. These factors anticipated driving the global pea protein market in the analysis period.
Additionally, the rapid economic development in developing countries resulted in augmented growth. SPER Market Research analysts estimate the Pea Protein has become a key information system in the food & beverage industry includes regional analysis on North America, Asia-Pacific, Europe, South America, and Middle East & Africa.
Companies Covered
- Burcon NutraScience Corporation
- Cosucra Groupe Warcoing
- Farbest
- Tallman Foods Corporation
- Shandong Jianyan Group
- The Scoular Company
- Roquette Freres
- Yantai Oriental Protein Tech
- Sotexpro
- Fenchem Yantai Oriental Protein
- Prinova Group LLC
- Glanbia PLC
- Other Prominent Players
Key Questions Answered by Report
- What was the market size trend of 2015-19?
- What will be the market size trend of next 4-5 years?
- What are the most common brands in terms of value?
- And others
Reasons to buy this report
- This SPER Market Research report will help to develop Business Strategies by understanding the trends shaping and driving pea protein market
- Organize sales and marketing efforts by identifying the best opportunities for pea protein market
- To understand the future market competition in the global pea protein market.
The report is based on in-depth qualitative and quantitative analysis of Global Pea Protein Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Browse report overview on "Global Pea Protein Market by Type (Isolates, Concentrates, and Textured), by Form (Dry and Wet), by Source (Yellow Split Peas, Lentils, and Chickpeas), by Application (Meat Substitutes, Nutraceuticals, Sports Supplements, Snacks, Functional Foods, Beverages, Bakery Products, Confectionery, and Others) and By Region (North America, Europe, Asia Pacific, South America, and Middle East & Africa), Global Forecast to 2027" at:
https://www.sperresearch.com/report-store/Global-Pea-Protein-Market.aspx