Global Yellow Pea Protein Market Size, Trends and Growth opportunity, By type (Yellow Pea Protein Isolate, Yellow Pea Protein Concentrate and Others), By Forms (Powder, Liquid), By Source Process (Conventional Yellow Pea Protein, Organic Yellow Pea Protei

Global Yellow Pea Protein Market Size, Trends and Growth opportunity, By type (Yellow Pea Protein Isolate, Yellow Pea Protein Concentrate and Others), By Forms (Powder, Liquid), By Source Process (Conventional Yellow Pea Protein, Organic Yellow Pea Protein) By Application (Nutritional & Health Supplement, Beverages, Pet Food and Others) By Region and Forecast Till 2027.

Global Yellow Pea Protein Market

The Global yellow pea protein market was valued at USD 1.9 billion in 2021 and it is expected to reach at USD 2.9 billion in 2027 at a CAGR 6.1% from 2022-2027.

Pea protein is a supplement which is made by extracting protein from yellow peas. Its fulfill the protein intake which can be used in smoothies and shakes and it’s a great fit for almost any diet. In recent years yellow pea protein has gain immense popularity due to its nutritional benefits. Yellow pea proteins are widely used in nutrition & health supplements, bakery products, beverages, cereals and snacks and others. Yellow pea protein are high in demand due to its rising demand for vegan and plant- based nutrition also it provides numerous health benefits.

Market Drivers

Nowadays consumers are becoming health conscious due to growing interest in plant- based nutrition and health and wellness trends. In the recent years, there has been witnessed the significant growth in yellow pea-protein market. Yellow pea protein can also be used as a good alternative for meat and dairy products as dairy products are in high in cholesterol and saturated fats. Yellow pea protein also contains essential amino acids which help in maintaining muscle weight, improve blood circulation, stimulate metabolism and regulate blood sugar levels. Yellow pea protein market has shown a significant growth due to the increased demand for vegan products as it lowering cancer risk and other diabetes related problem.

Market Restraints

The accelerating demand for vegan and plant- based nutrition; the sector is dealing with the consequences of shortage of peas also the significant preference for animal-based protein impedes the growth of yellow pea protein market. Due to increased prices in plant based food products the market faces unstable supply of raw material.

COVID-19 Impact on Yellow Pea Protein Market

With the outbreak of covid-19 the trends of healthy eating has gained immense popularity in recent years, as they are the driving ingredient in the formation of dairy and health supplements due to their rich protein content and other nutritional value, it also can be a good source for immune-boosting products. According to the International Food Information Council’s (IFIC) 2020 food and health survey states that 70% of the consumer preferred plant based food products that helps in boosting immune system. However during covid-19 many manufacturers witnessed slower growth and disruption in supply chain.

Market Segmentation

The global yellow pea protein market segmented on the basis of type, application, source process, form and processing method. On the basis of application it segmented into nutrition & health supplements, meat & alternative meat products, bakery products, dairy & dairy alternatives, cereals& snacks, beverages, pet food and others. On the basis of type it segmented into yellow pea protein isolate, yellow pea protein concentrate, textured yellow pea protein, yellow pea protein hydrolysate, yellow pea flour and others. On the basis of forms powder and liquid. On the basis of source process it segmented into conventional yellow pea protein and organic yellow pea protein. On the basis of processing method it segmented into dry and wet.

Regional Analysis

The global yellow pea protein market segmented into five regions North America, Europe, Latin America, Asia Pacific, Middle East and Africa. . North America expected to remain at the forefront and hold the highest position in terms of market share of yellow pea protein market. However Asia Pacific is also witnessed the highest CAGR during the forecast period. As consumer is becoming health conscious and with rising awareness among consumer regarding the importance of protein rich diet will boom the food and beverages industry.

Key Players

Various key players are listed in this report such as Roquette Freres Le Romain , AGT Food and Ingredients Inc. Cargill Incorporated , Ingredion Incorporated ,Archer-Daniels-Midland Company, E.I. Dupont De Nemours and Company, Axiom Foods Inc.,Burcon NutraScience Corporation, Glanbia Plc., Cosucra Groupe Warcoing SA, Farbest Brands.

Market Taxonomy

By Forms

Powder

liquid

By Type

Yellow pea protein isolate

Yellow pea protein concentrate

Textured yellow pea protein

Yellow pea protein hydrolysate

Yellow pea flour and others.

By Application

nutrition & health supplements

meat & alternative meat products

bakery products, dairy & dairy alternatives

cereals& snacks

Beverages

pet food

others

By Source Process

Conventional yellow pea protein

Organic yellow pea protein

By Region

North America

Latin America

Europe

Asia Pacific

Middle East

Key Question Addressed by the Report

What are the Key Opportunities in Yellow Pea Protein Market?

What will be the growth rate from 2022 to 2027.

Which segment/region will have highest growth?

What are the factors that will impact/drive the Market?

What is the role of key players in the value chain?

What is the competitive Landscape in the industry?