“Pea Protein Market Report: Global Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2022-2027” provides a deep and thorough evaluation of the global pea protein market based on its segments including type, end use and region. The report tracks the latest industry trends and analyses their overall impact on the market. It also evaluates the market dynamics, which cover the key demand and price indicators, and studies the market on the basis of the SWOT and Porter's Five Forces models.
Report Metrics
Historical Year: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027
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Pea protein represents a high-quality protein that is obtained from yellow peas. It offers a rich source of various essential nutrients, such as branch-chained amino acids, fibers, arginine, iron, magnesium, etc., and has a neutral taste. Pea protein helps in lowering muscle loss caused by aging, enhancing physical strength, regulating weight, preventing obesity, reducing the risk of chronic diseases, etc. Furthermore, it is commonly available in textured, concentrated, and isolated variants. In addition to this, it is solid in several forms, including powder, milk, bar, etc. As such, pea protein finds extensive applications in the food and beverage (F&B) industry as an additive, dietary supplement, dairy protein, meat substitute, etc., across the globe.
Note: Our analysts are continuously monitoring the influence of the COVID-19 pandemic on the market. This insightful information is included in the report to improve the efficiency, resilience and overall performance of businesses.
Global Pea Protein Industry Trends and Drivers:
The widespread adoption of vegan diets and vegetarianism by health-conscious individuals is primarily driving the pea protein market. Additionally, the shifting consumer preferences from animal-based proteins towards plant-based alternatives that can be easily digested by the body without bloating, on account of the increasing prevalence of heart-related diseases, are further augmenting the market growth. Besides this, the growing instances of gluten allergies and lactose intolerance are bolstering the demand for pea protein, which is acting as another significant growth-inducing factor. Moreover, the inflating popularity of pea protein in sports nutrition and the escalating need for weight management solutions are also positively influencing the global market. Apart from this, the rising consumer expenditure capacities on health and wellness and numerous technological advancements in the production process are expected to fuel the pea protein market in the coming years.
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Global Pea Protein Market Segmentation:
The market is segmented in on the basis of type, end use and region.
Type
End use
Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Competitive Landscape:
The report also provides insights on the competitive landscape of the global dried soup industry with the leading players profiled in the report.
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