Pea Protein Market Growth

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Pea Protein Market Size, Share, Trend, Analysis, Industry
Outlook and Forecast to 2024 | Hexa Research
" The pea protein market is anticipated to grow
exponentially owing to health conscious population
and an increase in the usage of pea proteins food
supplements."
Pea protein is a food additive, majorly used in cheese and yogurt. The Pea Protein Market is predicted to grow
due to health consciousness among consumers and demand of pea protein supplements . Renewed interest in
gluten-free products, acceptance of meat substitutes amid the lactose intolerance levels among teens is
augmenting market demand.
Plant-based supplements made from wheat, canola, and soy can pose a market challenge. But development o f
novel products could open up new market avenues. The global pea protein market is segmented according to
products, applications, and regions. Products include textured pea protein, isolates, and concentrates.
Meat substitutes and sports nutrition supplements are manufactured using isolates. This can be on account of
high amino acid content, high solubility, and good water binding. Textured pea proteins are heavily used in
dairy supplements and beverages owing to their similar appearance to meat. Pea concentrates used in
beverages, aquafeed, and foods constitute about 75% protein.
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Dietary supplements, sports supplements, meat substitutes, nutraceuticals, and others are major market
applications. Dietary supplements are the largest application of the pea protein market on account of consumer
awareness about nutraceuticals. Concerns regarding meat allergies will spur the demand for meat substitutes.
It will be the fastest growing application over the forecast period (2016-2024).
Regions covered under the market are Latin America, North America, Middle East & Africa (MEA), Asia Pacific,
and Europe. North America is a major region for the industry due to concerns of cardiovascular diseases and
the booming sports industry. Rising cases of lactose intolerance will see major growth in Europe. Asia Pacific
can experience a major demand boost due to consumption of nutrient-based foods and supplements. New
regulations in the agricultural industry in China & India would see an upsurge of raw material to pea protein
manufacturers.
Major players of the pea protein market are Roquette Frères, Shandong Jianyuan Foods Co., Ltd., Burcon
Nutrascience Corporation, and Shandong Jianyuan Foods Co., Ltd. They have formed alliances with domestic
distributors to ensure a steady product supply in high-demand regions. Roquette Frères produces pea proteins
under the brand name – NUTRALYS. Burcon, on the other hand, has managed to manufacture vegetable -based
protein which is transparent and 100% soluble.
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Table of Content of Pea Protein Market
Chapter 1 Research Methodology
1.1 Research Methodology
1.1.1 Initial data exploration
1.1.2 Statistical modeling and forecast
1.1.3 Industry insights and validation
1.2 List of Data Sources
Chapter 2 Executive Summary
2.1 Pea protein market snapshot, 2016 - 2024
Chapter 3 Pea Protein Industry Insights
3.1 Market segmentation
3.2 Market size and growth prospects, 2016 - 2024
3.3 Value chain analysis
3.3.1 Vendor landscape
3.4 Pea raw material competency v/s other protein ingredients
3.5 Technology & innovation
3.6 Regulatory framework
3.7 Industry dynamics
3.7.1 Growth drivers
3.7.1.1 Nutraceuticals industry growth
3.7.1.2 Rising protein consumption
3.7.1.3 Growing demand for gluten-free products
3.7.1.4 Rising concerns towards lactose intolerance
3.7.2 Industry pitfalls & challenges
3.7.2.1 Low acceptance of protein sources other than soy
3.7.2.2 Increasing market penetration of animal protein
3.8 Key growth opportunities
3.9 Competitive landscape, 2016
3.10 Porter’s analysis
3.11 PESTEL analysis
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Chapter 4 Pea Protein Product Insights
4.1 Global pea protein market share by product, 2016 & 2024
4.2 Isolates
4.2.1 Market estimates and forecast, 2016 - 2024
4.2.2 Market estimates and forecast, by region, 2016 - 2024
4.3 Concentrates
4.3.1 Market estimates and forecast, 2016 - 2024
4.3.2 Market estimates and forecast, by region, 2016 - 2024
4.4 Textured
4.4.1 Market estimates and forecast, 2016 - 2024
4.4.2 Market estimates and forecast, by region, 2016 - 2024
Chapter 5 Pea Protein Application Insights
5.1 Global pea protein market share by application, 2016 & 2024
5.2 Meat substitutes
5.2.1 Market estimates and forecast, 2016 - 2024
5.2.2 Market estimates and forecast, by region, 2016 - 2024
5.3 Neutraceuticals
5.3.1 Market estimates and forecast, 2016 - 2024
5.3.2 Market estimates and forecast, by region, 2016 - 2024
5.4 Sports supplements
5.4.1 Market estimates and forecast, 2016 - 2024
5.4.2 Market estimates and forecast, by region, 2016 - 2024
5.5 Others
5.5.1 Market estimates and forecast, 2016 - 2024
5.5.2 Market estimates and forecast, by region, 2016 - 2024
Chapter 6 Pea Protein Regional Insights
6.1 Global pea protein market share by region, 2016 & 2024
6.2 North America
6.2.1 Market estimates and forecast, 2016 - 2024
6.2.2 Market estimates and forecast, by product, 2016 - 2024
6.2.3 Market estimates and forecast, by application, 2016 - 2024
6.2.4 U.S.
6.2.4.1 Market estimates and forecast, 2016 - 2024
6.2.4.2 Market estimates and forecast, by product, 2016 - 2024
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6.2.4.3 Market estimates and forecast, by application, 2016 - 2024
6.3 Europe
6.3.1 Market estimates and forecast, 2016 - 2024
6.3.2 Market estimates and forecast, by product, 2016 - 2024
6.3.3 Market estimates and forecast, by application, 2016 - 2024
6.3.4 Germany
6.3.4.1 Market estimates and forecast, 2016 - 2024
6.3.4.2 Market estimates and forecast, by product, 2016 - 2024
6.3.4.3 Market estimates and forecast, by application, 2016 - 2024
6.4 Latin America
6.4.1 Market estimates and forecast, 2016 - 2024
6.4.2 Market estimates and forecast, by product, 2016 - 2024
6.4.3 Market estimates and forecast, by application, 2016 - 2024
6.4.4 Brazil
6.4.4.1 Market estimates and forecast, 2016 - 2024
6.4.4.2 Market estimates and forecast, by product, 2016 - 2024
6.4.4.3 Market estimates and forecast, by application, 2016 - 2024
6.5 Asia Pacific
6.5.1 Market estimates and forecast, 2016 - 2024
6.5.2 Market estimates and forecast, by product, 2016 - 2024
6.5.3 Market estimates and forecast, by application, 2016 - 2024
6.5.4 China
6.5.4.1 Market estimates and forecast, 2016 - 2024
6.5.4.2 Market estimates and forecast, by product, 2016 - 2024
6.5.4.3 Market estimates and forecast, by application, 2016 - 2024
6.5.5 Japan
6.5.5.1 Market estimates and forecast, 2016 - 2024
6.5.5.2 Market estimates and forecast, by product, 2016 - 2024
6.5.5.3 Market estimates and forecast, by application, 2016 - 2024
6.6 MEA
6.6.1 Market estimates and forecast, 2016 - 2024
6.6.2 Market estimates and forecast, by product, 2016 - 2024
6.6.3 Market estimates and forecast, by application, 2016 - 2024
Chapter 7 Competitive Insights
7.1 Burcon Nutrascience Corporation
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7.2 Cosucra-Groupe Warcoing
7.3 Nutri-Pea Limited
7.4 Roquette Frerers
7.5 Shandong Jianyuan Foods Co., Ltd.
7.6 Sotexpro
7.7 The Scoular Company
7.8 Fenchem
7.9 Yantai Oriental Protein Tech Co., Ltd.
7.10 Prinova Holdings LLC
7.11 Martin & Pleasance
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