Pea Protein Market, By Type (Isolates, Concentrates, Textured), By Application (Bakery and Snacks, Dietary Supplementation, Beverages, Meat Analogs/Substitutes), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Si

Pea Protein Market, By Type (Isolates, Concentrates, Textured), By Application (Bakery and Snacks, Dietary Supplementation, Beverages, Meat Analogs/Substitutes), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Pea protein is derived from yellow/green pea and is used as an additive across various food applications such as beverages, bakery, and snacks. Pea protein is considered as an ideal alternative of protein derived from a dairy product such as yogurts as some people are allergic to dairy proteins. Pea protein serve various health benefits such as it enhances the overall metabolism of the body and also regulate the blood sugar level.
Market Dynamics
The ongoing trend of vegetarianism due to growing popularity of vegan food products is expected to foster the market growth of pea protein. According to The Vegan Society, meat substitute sales grew by 451% in the European market in the four years to February 2018. Moreover, the UK meat-free market is estimated to grow from £559m in 2016 to £658m in 2021. Thus, a growing number of vegetarian populations are expected to surge the market growth.
Growth in the retail industry such as supermarkets and hypermarkets is expected to accelerate the market growth of the pea protein. According to the India Brand Equity Foundation, the Indian retail industry has emerged as one of the most dynamic and fast-paced industries due to the entry of several new players. The retail industry reached US$ 950 billion in 2018 at CAGR of 13 percent and expected to reach US$ 1.1 trillion by 2020.
The technical issue associated with the processing of end products as extracting pea protein from yellow peas is little complex is projected to restrict the market growth. Extraction of pea protein requires several stages before processing of the end product.
Key features of the study:
This report provides in-depth analysis of the global pea protein market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
This study also provides impact analysis of Coronavirus (Covid-19) pandemic on pea protein market.
It profiles key players in the global pea protein market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Burcon Nutrascience, Cosucra Groupe Warcoing, Nutri Pea Limited, Sotexpro, Roquette Freres, Glanbia Plc., Fenchem Biotek Ltd., Prinova Group LLC, and Yantai Shuangta Food Co.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
The global pea protein market report caters to various stakeholders in this industry including investors, suppliers, pea protein manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the pea protein market
Detailed Segmentation:
Global Pea Protein Market, By Type:
Isolates
Concentrates
Textured
Global Pea Protein Market, By Application:
Bakery and Snacks
Dietary Supplementation
Beverages
Meat Analogs/Substitutes
Global Pea Protein Market, By Region:
North America
U.S.
By Type:
Isolates
Concentrates
Textured
By Application:
Bakery and Snacks
Dietary Supplementation
Beverages
Meat Analogs/Substitutes
Sauces & Fruit Preserve
Canada
By Type:
Isolates
Concentrates
Textured
By Application:
Bakery and Snacks
Dietary Supplementation
Beverages
Meat Analogs/Substitutes
Sauces & Fruit Preserve
Europe
U.K.
By Type:
Isolates
Concentrates
Textured
By Application:
Bakery and Snacks
Dietary Supplementation
Beverages
Meat Analogs/Substitutes
Sauces & Fruit Preserve
Germany
By Type:
Isolates
Concentrates
Textured
By Application:
Bakery and Snacks
Dietary Supplementation
Beverages
Meat Analogs/Substitutes
Sauces & Fruit Preserve
France
By Type:
Isolates
Concentrates
Textured
By Application:
Bakery and Snacks
Dietary Supplementation
Beverages
Meat Analogs/Substitutes
Sauces & Fruit Preserve
Italy
By Type:
Isolates
Concentrates
Textured
By Application:
Bakery and Snacks
Dietary Supplementation
Beverages
Meat Analogs/Substitutes
Sauces & Fruit Preserve
Spain
By Type:
Isolates
Concentrates
Textured
By Application:
Bakery and Snacks
Dietary Supplementation
Beverages
Meat Analogs/Substitutes
Sauces & Fruit Preserve
Russia
By Type:
Isolates
Concentrates
Textured
By Application:
Bakery and Snacks
Dietary Supplementation
Beverages
Meat Analogs/Substitutes
Sauces & Fruit Preserve
Rest of Europe
By Type:
Isolates
Concentrates
Textured
By Application:
Bakery and Snacks
Dietary Supplementation
Beverages
Meat Analogs/Substitutes
Sauces & Fruit Preserve
Asia Pacific
China
By Type:
Isolates
Concentrates
Textured
By Application:
Bakery and Snacks
Dietary Supplementation
Beverages
Meat Analogs/Substitutes
Sauces & Fruit Preserve
India
By Type:
Isolates
Concentrates
Textured
By Application:
Bakery and Snacks
Dietary Supplementation
Beverages
Meat Analogs/Substitutes
Sauces & Fruit Preserve
Japan
By Type:
Isolates
Concentrates
Textured
By Application:
Bakery and Snacks
Dietary Supplementation
Beverages
Meat Analogs/Substitutes
Sauces & Fruit Preserve
ASEAN
By Type:
Isolates
Concentrates
Textured
By Application:
Bakery and Snacks
Dietary Supplementation
Beverages
Meat Analogs/Substitutes
Sauces & Fruit Preserve
Australia
By Type:
Isolates
Concentrates
Textured
By Application:
Bakery and Snacks
Dietary Supplementation
Beverages
Meat Analogs/Substitutes
Sauces & Fruit Preserve
South Korea
By Type:
Isolates
Concentrates
Textured
By Application:
Bakery and Snacks
Dietary Supplementation
Beverages
Meat Analogs/Substitutes
Sauces & Fruit Preserve
Rest of Asia Pacific
By Type:
Isolates
Concentrates
Textured
By Application:
Bakery and Snacks
Dietary Supplementation
Beverages
Meat Analogs/Substitutes
Sauces & Fruit Preserve
Latin America
Brazil
By Type:
Isolates
Concentrates
Textured
By Application:
Bakery and Snacks
Dietary Supplementation
Beverages
Meat Analogs/Substitutes
Sauces & Fruit Preserve
Mexico
By Type:
Isolates
Concentrates
Textured
By Application:
Bakery and Snacks
Dietary Supplementation
Beverages
Meat Analogs/Substitutes
Sauces & Fruit Preserve
Rest of Latin America
By Type:
Isolates
Concentrates
Textured
By Application:
Bakery and Snacks
Dietary Supplementation
Beverages
Meat Analogs/Substitutes
Sauces & Fruit Preserve
Middle East
GCC
By Type:
Isolates
Concentrates
Textured
By Application:
Bakery and Snacks
Dietary Supplementation
Beverages
Meat Analogs/Substitutes
Sauces & Fruit Preserve
Israel
By Type:
Isolates
Concentrates
Textured
By Application:
Bakery and Snacks
Dietary Supplementation
Beverages
Meat Analogs/Substitutes
Sauces & Fruit Preserve
Rest of Middle East
By Type:
Isolates
Concentrates
Textured
By Application:
Bakery and Snacks
Dietary Supplementation
Beverages
Meat Analogs/Substitutes
Sauces & Fruit Preserve
Africa
By Type:
Isolates
Concentrates
Textured
By Application:
Bakery and Snacks
Dietary Supplementation
Beverages
Meat Analogs/Substitutes
Sauces & Fruit Preserve
Central Africa
By Type:
Isolates
Concentrates
Textured
By Application:
Bakery and Snacks
Dietary Supplementation
Beverages
Meat Analogs/Substitutes
Sauces & Fruit Preserve
South Africa
By Type:
Isolates
Concentrates
Textured
By Application:
Bakery and Snacks
Dietary Supplementation
Beverages
Meat Analogs/Substitutes
Sauces & Fruit Preserve
Company Profiles
Burcon Nutrascience *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Cosucra Groupe Warcoing
Nutri Pea Limited
Sotexpro
Roquette Freres
Glanbia Plc.
Fenchem Biotek Ltd.
Prinova Group LLC
Yantai Shuangta Food Co.
“*” marked represents similar segmentation in other categories in the respective section.