The report is titled ‘Pea Protein Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the pea protein market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The pea protein market is expected to grow at a significant rate in the near future.
The pea protein market size was valued at US$ 738.5 Mn in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 11.7% from 2020 to 2028.
Pea Protein Market Definition
Pea protein can be comrepheded as the extract derived from yellow and green split peas and is majorly utilized to make protein powder. Pea proteins usually function as a bottom in packaged foods such as vegan mayo, veggie burgers, and even substitutes dairy in some milk and ice creams.
Pea protein is considered as a great source of iron. It also serves as an additional supplement in food products like shakes and smoothies in order to strengthen the protein content and is also an excellent fit for most of the diet since it is naturally hypoallergenic and vegan. Pea protein consists of nine vital amino acids that the human body is not capable of producing.
Pea Protein Market Dynamics
Some of the major factors that are essentially driving the demand of pea protein across the global markets are numerous health benefits, improved health consciousness among the population as well as elevated demand for alternatives for meat proteins, which in turn, is projected to upsurge the growth of the global pea protein market in the years to come.
In addition to that, the rapid advancements in the food & beverages industry, in the present times, along with the escalating trend of healthy living and consumption of organic food is further encouraging the employment of pea protein in several different products which is expected to boost the growth of the global pea protein market in the forthcoming future.
Furthermore, the rising number of consumers looking for pure labels, excellent taste, and unconventional protein sources to fulfil their needs of personalized nutrition choices is further estimated to propel pea protein market growth in the coming years.
Pea Protein Market Segmentation
The global pea protein market is segmented on the basis of type, form, source, application, and region.
By Type
Isolates
Concentrates
Textured
By Form
Dry
Wet
By Source
Split yellow peas
Lentils
Chickpeas
By Application
Meat substitutes
Performance nutrition
Functional foods
Snacks
Beverages
Bakery products
Confectionery
By Region
North America
Latin America
Europe
Africa
Middle East
Asia Pacific
Pea Protein Market Key Players
The key participating players of the global Pea Protein market include Roquette Freres, Ingredion, Puris Foods, Emsland Group, Fenchem Inc, DuPont, The Green Labs LLC, A&B Ingredients, Glanbia PLC, The Scoular Company, Axiom Foods Inc, Burcon Nutrascience Corp, Cosucra Groupe Warcoing, SotexPro, AGT Foods, Shandong Jianyuan Foods Co., Ltd., YanTai ShuangTa Food Co., Ltd., Kerry Inc, ET-Chem, and Batory Foods., among others.
MMC Overview on Pea Protein Market Report
The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.
A research report on the Pea Protein market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
New product designs and launches
Current product compliance
Reimbursement
Concerns for use of Pea Protein
Advantages of Pea Protein
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make informed decisions.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s products sales, previous growth rates and market expansion plans are considered to generate market share in the global market.
1. Global Pea Protein Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Pea Protein Market Overview
2.1. Introduction
2.1.1. Market Definition
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Pea Protein Market Snapshot
2.4. Global Pea Protein Market Size And Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast And Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. Global Pea Protein Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Porter’s Five Forces Model
2.7. SWOT Analysis
3. Pea Protein Assessment and Analysis
3.1. Pea Protein Impact Analysis
3.2. Actions to encourage use of Pea Protein
3.3. Pea Protein Promotional Strategy Recommendation
3.4. Road Map Analysis
3.5. GAP Analysis
3.6. Potential Analysis
4. Covid-19 Impact on Pea Protein Market
4.1. Impact Analysis of Covid-19 on the global Pea Protein market
4.2. Effect On Value Chain
4.3. Business Impact W.R.T Revenue
4.4. Volatility In Price
4.5. Effect On The Overall Trade
4.6. Market Impact Analysis In 2020 (Quarter Wise)
5. Global Pea Protein Market, By Type
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By Type
5.1.2. BPS Analysis, By Type
5.2. Market Revenue (US$Mn) and Forecast, By Type
5.2.1. Isolates
5.2.2. Concentrates
5.2.3. Textured
5.3. Global Pea Protein Market Attractiveness Index, By Type
6. Global Pea Protein Market, By Form
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By Form
6.1.2. BPS Analysis, By Form
6.2. Market Revenue (US$Mn) and Forecast, By Form
6.2.1. Dry
6.2.2. Wet
6.3. Global Pea Protein Market Attractiveness Index, By Form
7. Global Pea Protein Market, By Source
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Source
7.1.2. BPS Analysis, By Source
7.2. Market Revenue (US$Mn) and Forecast, By Source
7.2.1. Split yellow peas
7.2.2. Lentils
7.2.3. Chickpeas
7.3. Global Pea Protein Market Attractiveness Index, By Source
8. Global Pea Protein Market, By Application
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Application
8.1.2. BPS Analysis, By Application
8.2. Market Revenue (US$Mn) and Forecast, By Application
8.2.1. Meat substitutes
8.2.2. Performance nutrition
8.2.3. Functional foods
8.2.4. Snacks
8.2.5. Beverages
8.2.6. Bakery products
8.2.7. Confectionery
8.3. Global Pea Protein Market Attractiveness Index, By Application
9. Global Pea Protein Market, By Region
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Region
9.1.2. BPS Analysis, By Region
9.2. Market Revenue (US$Mn) and Forecast, By Region
9.2.1. North America
9.2.2. Latin America
9.2.3. Europe
9.2.4. Asia Pacific
9.2.5. Middle East
9.2.6. Africa
9.3. Global Pea Protein Market Attractiveness Index, By Region
10. North America Pea Protein Market Analysis and Forecast, 2020–2028
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market Revenue (US$Mn) and Forecast, By Country
10.2.1. U.S. Pea Protein Market
10.2.2. Canada Pea Protein Market
10.3. North America Pea Protein Market, By Type
10.3.1. Isolates
10.3.2. Concentrates
10.3.3. Textured
10.4. North America Pea Protein Market, By Form
10.4.1. Dry
10.4.2. Wet
10.5. North America Pea Protein Market, By Source
10.5.1. Split yellow peas
10.5.2. Lentils
10.5.3. Chickpeas
10.6. North America Pea Protein Market, By Application
10.6.1. Meat substitutes
10.6.2. Performance nutrition
10.6.3. Functional foods
10.6.4. Snacks
10.6.5. Beverages
10.6.6. Bakery products
10.6.7. Confectionery
10.7. North America Pea Protein Market Attractiveness Index
10.7.1. By Country
10.7.2. By Type
10.7.3. By Form
10.7.4. By Source
10.7.5. By Application
11. Latin America Pea Protein Market Analysis and Forecast, 2020–2028
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market (US$Mn) Forecast, By Country
11.2.1. Brazil Pea Protein Market
11.2.2. Mexico Pea Protein Market
11.2.3. Rest Of Latin America Pea Protein Market
11.3. Latin America Pea Protein Market, By Type
11.3.1. Isolates
11.3.2. Concentrates
11.3.3. Textured
11.4. Latin America Pea Protein Market, By Form
11.4.1. Dry
11.4.2. Wet
11.5. Latin America Pea Protein Market, By Source
11.5.1. Split yellow peas
11.5.2. Lentils
11.5.3. Chickpeas
11.6. Latin America Pea Protein Market, By Application
11.6.1. Meat substitutes
11.6.2. Performance nutrition
11.6.3. Functional foods
11.6.4. Snacks
11.6.5. Beverages
11.6.6. Bakery products
11.6.7. Confectionery
11.7. Latin America Pea Protein Market Attractiveness Index
11.7.1. By Country
11.7.2. By Type
11.7.3. By Form
11.7.4. By Source
11.7.5. By Application
12. Europe Pea Protein Market Analysis and Forecast, 2020–2028
12.1. Introduction
12.1.1. Annual Growth Rate Comparison, By Country
12.1.2. BPS Analysis, By Country
12.2. Market (US$Mn) Forecast, By Country
12.2.1. U.K. Pea Protein Market
12.2.2. Germany Pea Protein Market
12.2.3. Italy Pea Protein Market
12.2.4. France Pea Protein Market
12.2.5. Spain Pea Protein Market
12.2.6. Russia Pea Protein Market
12.2.7. Rest Of Europe Pea Protein Market
12.3. Europe Pea Protein Market, By Type
12.3.1. Isolates
12.3.2. Concentrates
12.3.3. Textured
12.4. Europe Pea Protein Market, By Form
12.4.1. Dry
12.4.2. Wet
12.5. Europe Pea Protein Market, By Source
12.5.1. Split yellow peas
12.5.2. Lentils
12.5.3. Chickpeas
12.6. Europe Pea Protein Market, By Application
12.6.1. Meat substitutes
12.6.2. Performance nutrition
12.6.3. Functional foods
12.6.4. Snacks
12.6.5. Beverages
12.6.6. Bakery products
12.6.7. Confectionery
12.7. Europe Pea Protein Market Attractiveness Index
12.7.1. By Country
12.7.2. By Type
12.7.3. By Form
12.7.4. By Source
12.7.5. By Application
13. Asia Pacific Pea Protein Market Analysis and Forecast, 2020–2028
13.1. Introduction
13.1.1. Annual Growth Rate Comparison, By Country
13.1.2. BPS Analysis, By Country
13.2. Market (US$Mn) Forecast, By Country
13.2.1. China Pea Protein Market
13.2.2. India Pea Protein Market
13.2.3. Japan Pea Protein Market
13.2.4. Australia and New Zealand Pea Protein Market
13.2.5. South Korea Pea Protein Market
13.2.6. Rest of Asia Pacific Pea Protein Market
13.3. Asia Pacific Pea Protein Market, By Type
13.3.1. Isolates
13.3.2. Concentrates
13.3.3. Textured
13.4. Asia Pacific Pea Protein Market, By Form
13.4.1. Dry
13.4.2. Wet
13.5. Asia Pacific Pea Protein Market, By Source
13.5.1. Split yellow peas
13.5.2. Lentils
13.5.3. Chickpeas
13.6. Asia Pacific Pea Protein Market, By Application
13.6.1. Meat substitutes
13.6.2. Performance nutrition
13.6.3. Functional foods
13.6.4. Snacks
13.6.5. Beverages
13.6.6. Bakery products
13.6.7. Confectionery
13.7. Asia Pacific Pea Protein Market Attractiveness Index
13.7.1. By Country
13.7.2. By Type
13.7.3. By Form
13.7.4. By Source
13.7.5. By Application
14. Middle East Pea Protein Market Analysis and Forecast, 2020–2028
14.1. Introduction
14.1.1. Annual Growth Rate Comparison, By Country
14.1.2. BPS Analysis, By Country
14.2. Market (US$Mn) Forecast, By Country
14.2.1. GCC Countries Pea Protein Market
14.2.2. Israel Pea Protein Market
14.2.3. Rest Of Middle East Pea Protein Market
14.3. Middle East Pea Protein Market, By Type
14.3.1. Isolates
14.3.2. Concentrates
14.3.3. Textured
14.4. Middle East Pea Protein Market, By Form
14.4.1. Dry
14.4.2. Wet
14.5. Middle East Pea Protein Market, By Source
14.5.1. Split yellow peas
14.5.2. Lentils
14.5.3. Chickpeas
14.6. Middle East Pea Protein Market, By Application
14.6.1. Meat substitutes
14.6.2. Performance nutrition
14.6.3. Functional foods
14.6.4. Snacks
14.6.5. Beverages
14.6.6. Bakery products
14.6.7. Confectionery
14.7. Middle East Pea Protein Market Attractiveness Index
14.7.1. By Country
14.7.2. By Type
14.7.3. By Form
14.7.4. By Source
14.7.5. By Application
15. Africa Pea Protein Market Analysis and Forecast, 2020–2028
15.1. Introduction
15.1.1. Annual Growth Rate Comparison, By Country
15.1.2. BPS Analysis, By Country
15.2. Market (US$Mn) Forecast, By Country
15.2.1. South Africa Countries Pea Protein Market
15.2.2. Egypt Pea Protein Market
15.2.3. North Africa Pea Protein Market
15.2.4. Rest of Africa Pea Protein Market
15.3. Africa Pea Protein Market, By Type
15.3.1. Isolates
15.3.2. Concentrates
15.3.3. Textured
15.4. Africa Pea Protein Market, By Form
15.4.1. Dry
15.4.2. Wet
15.5. Africa Pea Protein Market, By Source
15.5.1. Split yellow peas
15.5.2. Lentils
15.5.3. Chickpeas
15.6. Africa Pea Protein Market, By Application
15.6.1. Meat substitutes
15.6.2. Performance nutrition
15.6.3. Functional foods
15.6.4. Snacks
15.6.5. Beverages
15.6.6. Bakery products
15.6.7. Confectionery
15.7. Africa Pea Protein Market Attractiveness Index
15.7.1. By Country
15.7.2. By Type
15.7.3. By Form
15.7.4. By Source
15.7.5. By Application
16. Competitive Landscape
16.1. Company Profiles
16.1.1. Roquette Freres
16.1.1.1. Company Overview
16.1.1.2. Financial Overview
16.1.1.3. Key Developments
16.1.1.4. Strategies
16.1.1.5. Product Analysis
16.1.2. Ingredion
16.1.3. Puris Foods
16.1.4. Emsland Group
16.1.5. Fenchem Inc
16.1.6. DuPont
16.1.7. The Green Labs LLC
16.1.8. A&B Ingredients
16.1.9. Glanbia PLC
16.1.10. The Scoular Company
16.1.11. Axiom Foods Inc
16.1.12. Burcon Nutrascience Corp
16.1.13. Cosucra Groupe Warcoing
16.1.14. SotexPro
16.1.15. AGT Foods
16.1.16. Shandong Jianyuan Foods Co., Ltd.
16.1.17. YanTai ShuangTa Food Co., Ltd.
16.1.18. Kerry Inc
16.1.19. ET-Chem
16.1.20. Batory Foods
17. Acronyms
Frequently Asked Questions
What is the projected market size & Compound Annual Growth Rate (CAGR) of the market?
The pea protein market size was valued at US$ 738.5 Mn in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 11.7% from 2020 to 2028
What are the key factors driving the growth of market?
Numerous health benefits, improved health consciousness among the population as well as elevated demand for alternatives for meat proteins and rising number of consumers looking for pure labels, excellent taste, and unconventional protein sources to fulfil their needs of personalized nutrition choices is further estimated to propel pea protein market growth in the coming years.
What segments are covered in market report?
The global pea protein market is segmented on the basis of type, form, source, application, and region.
What are the key participating players in the market?
The key participating players of the global pea protein market include Roquette Freres, Ingredion, Puris Foods, Emsland Group, Fenchem Inc, DuPont, The Green Labs LLC, A&B Ingredients, Glanbia PLC, The Scoular Company, Axiom Foods Inc, Burcon Nutrascience Corp, Cosucra Groupe Warcoing, SotexPro, AGT Foods, Shandong Jianyuan Foods Co., Ltd., YanTai ShuangTa Food Co., Ltd., Kerry Inc, ET-Chem, and Batory Foods., among others.
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