San Francisco, 15 February, Pea
Protein Market Analysis By Product (Isolates, Concentrates, Textured), By Form
(Dry, Liquid), By Application (Meat Substitutes, Bakery Goods, Dietary
Supplements, Beverage), And Segment Forecasts, 2018 – 2025.
The global pea protein market is expected to reach USD
313.5 million by 2025, according to a new report by Grand View Research, Inc.
Increasing consumption of gluten-free products for treatment of celiac disease
is expected to boost the pea proteins demand during the forecast period.
Rising concerns over non-celiac
gluten sensitivity is expected to result in rising consumption of gluten-free
foods and is hence anticipated to positively impact the industry growth.
Furthermore, the popularity of maintaining a gluten-free diet (GFD) owing to
reduced carbohydrate intake and stimulation of weight loss is anticipated to
propel the use of pea proteins over the forecast period.
Increasing importance of
maintaining a GFD in treating innate immune response, joint pain, and numbness
is foreseen to fuel the product demand in the future. Furthermore, this diet is
gaining popularity as an effective treatment for curing symptoms of autism in
children. This in turn is expected to drive the pea protein demand over the
forecast period.
Significant prevalence of
lactose intolerance among infants and children in developing regions such as
Central & South America, Asia Pacific, and Middle East & Africa is
projected to be another significant driver of the industry growth. Pea protein
is one of the highly preferred non-dairy substitutes, as it is characterized by
good amino acid profile and is easily digestible. These attributes make the
product favorable for use in various food & beverage products such as
protein fortified health drinks and sports nutritional foods.
Access Full Research
Report On Pea Protein Market Analysis:
Further key
findings from the report suggest:
·
In terms of volume, bakery
goods application is expected to rise at a CAGR of 13.6% from 2017 to 2025,
owing to the utilization of pea protein as a fibrous and gluten-free product
·
Pea concentrates accounted for
a revenue share of 27.2% in 2016. These products comprise 70-80% of protein
content and are favorably used in energy drinks and fruit mixes applications
·
The growth of the food &
beverage industry in Brazil, India, China, and Mexico as a consequence of
increasing domestic consumption coupled with the adoption of modern farming
technology is expected to drive the industry growth in the near future
·
Companies are focusing on
enhancement of their business growth through significantly investing in
research & development, new product launches, and forward integration.
Farbest and Roquette America have forward integrated business operations as
they are engaged in the production as well as supply operations.
·
In October 2014, Comax Flavors
launched a new pea protein masking range of food additives owing to minimize or
reduce the unpleasant flavor in the processed goods
·
In April 2014, Carmit Candy
Industries launched a wafer snack bar fortified with a dark chocolate coating
and containing pea protein aimed at eliminating the pea protein flavor
Browse More Reports Of This Category By
Grand View Research At: www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements
Grand View Research has segmented the
global pea protein market on the basis of product, application, and region:
Pea Protein
Product Outlook (Volume, Tons; Revenue, USD Thousand; 2014 - 2025)
·
Isolates
·
Concentrates
·
Textured
Pea Protein Form Outlook
(Volume, Tons; Revenue, USD Thousand; 2014 - 2025)
·
Dry
·
Liquid
Pea Protein Application Outlook
(Volume, Tons; Revenue, USD Thousand; 2014 - 2025)
·
Meat extenders & analogues
·
Bakery Goods
·
Dietary Supplements
·
Beverage
·
Others
Pea Protein Regional Outlook
(Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)
·
North America
o
U.S.
o
Canada
o
Mexico
·
Europe
o
UK
o
Germany
o
France
·
Asia Pacific
o
China
o
Japan
o
Australia
·
Central & South America
o
Brazil
·
Middle East & Africa
Access Full
Press Release of this Report:
www.grandviewresearch.com/press-release/global-pea-proteins-market
www.grandviewresearch.com/press-release/global-pea-proteins-market
About Grand
View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
For more information: www.grandviewresearch.com/
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