Global Micronized Pea Flour Market Growth 2023-2029
Micronized pea flour is one of the recent advances in the plant-based proteins space, which is suitable for plant-based diets, high-protein beverages, snacks, and sports nutrition. Relatively small particle size of micronized pea protein aids food processors in binding, gelling, emulsifying, enhanced nutrition, while maintaining the bioavailability of the proteins. Growing application of micronized plant-based proteins, especially in vegan protein shakes beverages on the back of their cleaner flavor, smoother mouthfeel, and better suspension is likely to influence the growth of micronized pea protein market.
LPI (LP Information)' newest research report, the “Micronized Pea Flour Industry Forecast” looks at past sales and reviews total world Micronized Pea Flour sales in 2022, providing a comprehensive analysis by region and market sector of projected Micronized Pea Flour sales for 2023 through 2029. With Micronized Pea Flour sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Micronized Pea Flour industry.
This Insight Report provides a comprehensive analysis of the global Micronized Pea Flour landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Micronized Pea Flour portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Micronized Pea Flour market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Micronized Pea Flour and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Micronized Pea Flour.
The global Micronized Pea Flour market size is projected to grow from US$ 198 million in 2022 to US$ 300.1 million in 2029; it is expected to grow at a CAGR of 300.1 from 2023 to 2029.
Global key players of Micronized Pea Flour include AGT Food and Ingredients, Avena Foods, etc. Global top 3 companies hold a share about 30%. Europe is the largest market, with a share over 40%, followed by North America and Asia Pacific with the share about 20% respectively. In terms of product, Micronized Yellow Pea Flour is the largest segment, with a share about 80%. And in terms of application, the largest application is Bakery & Snack, with a share about 50%.
This report presents a comprehensive overview, market shares, and growth opportunities of Micronized Pea Flour market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Micronized Yellow Pea Flour
Micronized Green Pea Flour
Segmentation by application
Bakery & Snacks
Dietary Supplements
Beverages
Feeds
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
AGT Food and Ingredients
Avena Foods
George F. Brocke & Sons
MartinoRossi
Vestkorn
Healthy Food Ingredients
Exeller NV
Herba Ingredients
Gemef Industries
Novofarina
Micronizing Company UK
Masham Micronized Feeds
Key Questions Addressed in this Report
What is the 10-year outlook for the global Micronized Pea Flour market?
What factors are driving Micronized Pea Flour market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Micronized Pea Flour market opportunities vary by end market size?
How does Micronized Pea Flour break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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