Global Pea Protein Concentrated Market Growth 2023-2029

Global Pea Protein Concentrated Market Growth 2023-2029

The global Pea Protein Concentrated market size is projected to grow from US$ 342.4 million in 2022 to US$ 824.8 million in 2029; it is expected to grow at a CAGR of 13.4% from 2023 to 2029.

The key manufacturers of Pea Protein Concentrated include Yantai Shuangta Food, Emsland Group, ADM, Shandong Jianyuan, Cargill, etc. Yantai Shuangta Food is the No. 1 producer globally, with a market share of about 26%.

North America and Europe are the two major markets in the world, accounting for about 40%, separately.

Pea Protein Concentrate can be divided into three categories based on its protein content: 70%-75%, 75%-80%, 80%-85%. The types with protein content: 80%-85% have the highest market share of about 68% and will continue to increase.

In terms of application, it is widely used in baked goods, dairy products, beverages, pet food and other aspects. It is most widely used in baked goods, accounting for about 37%. After that, dairy products account for about 28%.

Pea Protein Concentrate or PPC is a vegan protein supplement made from yellow peas. The process involves isolating the protein from the pea, thereby removing the fiber and other nutrients, resulting in a concentrated form of protein powder that is higher in protein content (about 70-85%) compared to regular peas. PPC is a good source of essential amino acids and is considered a complete protein, making it ideal for plant-based diets.

LPI (LP Information)' newest research report, the “Pea Protein Concentrated Industry Forecast” looks at past sales and reviews total world Pea Protein Concentrated sales in 2022, providing a comprehensive analysis by region and market sector of projected Pea Protein Concentrated sales for 2023 through 2029. With Pea Protein Concentrated sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pea Protein Concentrated industry.

This Insight Report provides a comprehensive analysis of the global Pea Protein Concentrated 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 Pea Protein Concentrated portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Pea Protein Concentrated market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pea Protein Concentrated and breaks down the forecast by protein content, 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 Pea Protein Concentrated.

This report presents a comprehensive overview, market shares, and growth opportunities of Pea Protein Concentrated market by product protein content, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by protein content
Protein Content: 70%-75%
Protein Content: 75%-80%
Protein Content: 80%-85%

Segmentation by application
Baked Goods
Dairy Products
Beverage
Pet Food
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.
Yantai Shuangta Food
Emsland Group
ADM
Shandong Jianyuan
Cargill
Yantai Oriental Protein Technology
International Flavors & Fragrances
Yosin

Key Questions Addressed in this Report

What is the 10-year outlook for the global Pea Protein Concentrated market?

What factors are driving Pea Protein Concentrated market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Pea Protein Concentrated market opportunities vary by end market size?

How does Pea Protein Concentrated break out protein content, 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.