The global Pea Protein market is expected to reach USD 51.2 Million by 2026, according to a new report by Reports and Data. This can be mainly contributed by the rising adoption of vegan and vegetarian food among the western population, technological advancements in extrusion & processing, changing consumer lifestyles and rising health concerns, growing health awareness and increasing demand of gluten free products, growing inclination towards preventive healthcare among developing economies and growing applications in the sports nutrition industry
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Pea proteins are extracted from the yellow pea, Pisum sativum. Peas have a high amount of amino acid profile, minerals vitamins, starches and fibers. They are considered as a good substitute for soybean as a functional additive in food products intended for human consumption. Pea protein concentrate (PPC) and pea protein isolate (PPI) have the biggest potential as food ingredient. They are used in food such as soups, puddings, snacks, and stews or as sprouted. They are also used in animal feed, where they are mixed with cereals or canola oil in order to improve the amino acid profile. They are majorly used as a weight loss supplement. They have the ability to lower the ghrelin levels, the hormone is responsible for stimulating feelings of hunger. Along with weight loss, the product also works to kidney functioning and heart health. These benefits are responsible for the increasing popularity of these products.
Lower consumer awareness in the developing countries is the major restraining factor. Moreover, a common perception, that animal products contain superior forms of protein than their plant-based counterparts, is another factor that may hinder the growth.
Key participants include Nutri-Pea Limited, Cosucra Groupe Warcoing, Roquette Frères, Sotexpro, Fenchem Biotek Ltd, Glanbia Plc, Yantai Shuangta Food Co, Prinova Group LLC, Burcon Nutrascience, AGT Food & Ingredients, Inc., Yantai T Full Biotech Co. Ltd., World Food Processing LLC., Suzhou Wanshen Flour Products Co, Yantai Shuangta Food Co, Shandong Huatai Food, Shandong Jindu Talin Foods Co, Shandong Jianyuan Foods Co Yantai Oriental Protein Tech Co, and Axiom Foods Inc. among others.
For the purpose of this report, Reports and Data has segmented global Market on the basis of type, form, distribution channels, application, and region:
Type Outlook (Volume, Kilo tons; 2018-2026 and Revenue, USD Million; 2018-2026)
Form Outlook (Volume, Kilo tons; 2018-2026 And Revenue, USD Million; 2018-2026)
Distribution Channels Outlook (Volume, Kilo tons; 2018-2026 And Revenue, USD Million; 2018-2026)
Applications Outlook (Volume, Kilo tons; 2018-2026 And Revenue, USD Million; 2018-2026)
Regional Outlook (Volume, Kilo tons; 2018-2026 and Revenue, USD Million; 2018-2026)
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Further key findings from the report suggest
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Key questions covered in the global Pea Protein market report:
Table Of Content:
Chapter 1. Market Synopsis
Market Definition Research Scope & Premise Methodology Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2026
Chapter 3. Indicative Metrics
3.1. Macro Indicators 3.1.1. Increasing health consciousness among individuals 3.1.2. Booming sports nutrition industry 3.1.3. Growing consumption of pea protein as an alternative to milk, soy, wheat, or egg
Chapter 4. Pea Protein Market Segmentation & Impact Analysis
4.1. Pea Protein Segmentation Analysis 4.2. Pea Protein Market Value Chain Analysis, 2018-2026 4.3. Regulatory Framework 4.4. Recent Developments 4.5. Pea Protein Market Impact Analysis
Continued….
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