Global Pea Protein Processing Equipment Market 2024-2028
The pea protein processing equipment market is forecasted to grow by USD 46.2 mn during 2023-2028, accelerating at a CAGR of 3.2% during the forecast period. The report on the pea protein processing equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by health and nutritional benefits provided by pea protein, use of pea protein as an ingredient in various food products, and rising prices of conventional protein sources.
Technavio's pea protein processing equipment market is segmented as below:
By Method
- Wet fractionation
- Dry fractionation
By Application
- Food
- Healthcare products
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the expansions of pea protein processing plants as one of the prime reasons driving the pea protein processing equipment market growth during the next few years. Also, rising vendor focus on reducing energy and power consumption and growing preference for veganism will lead to sizable demand in the market.
The report on the pea protein processing equipment market covers the following areas:
- Pea protein processing equipment market sizing
- Pea protein processing equipment market forecast
- Pea protein processing equipment market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading pea protein processing equipment market vendors that include AKYUREK TECHNOLOGY, Alfa Laval AB, Alvan Blanch Development Co., Andritz AG, Buhler AG, Erich NETZSCH GmbH and Co. Holding KG, Flottweg SE, GEA Group AG, Hillenbrand Inc., Hosokawa Micron Corp., JK Machinery Sro, John Bean Technologies Corp., Jwala Techno Engineering Pvt. Ltd., Koch Industries Inc., Pollak Sala Sro, Prater Industries Inc., ProEx Food LLC, Satake Corp., SiccaDania, Sturtevant Inc., and Zanichelli Meccanica Spa. Also, the pea protein processing equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.