Pea Protein Market To Grow At A CAGR Of 19.2% Between 2019-2024.

In 2018, the global pea protein market reached almost USD 52 million in 2018. It is expected to witness a robust growth in the coming years, growing at a CAGR of 19.2% in the forecast period of 2019-2024. In 2024, the market is projected to attain USD 146.6 million.

Get a Free Sample Report:– https://www.expertmarketresearch.com/request?type=report&flag=B&id=375

Competitive Landscape & Supplier Analysis:

1.Roquette Frères S.A 2.Burcon NutraScience Corporation (TSE: BU) 3.Axiom Foods Inc ( 4.Farbest-Tallman Foods Corporation 5.Cosucra Groupe Warcoing SA 6.Shandong Jianyuan Group 7.Others

The rising demand for plant-based protein is aiding the pea protein industry growth. The global plant-based protein industry attained a value of nearly USD 11.56 billion in 2018. North America accounts for the largest share in the global plant-based protein market. The US is a major market in the region as consumers are increasingly seeking out meat and dairy alternatives because of environmental and health reasons. Europe and Asia are the other significant regional markets in the plant protein industry. The two regions, together, account for over 50% of the industry.

Read Full Report With TOC – https://www.expertmarketresearch.com/reports/pea-protein-market

While soy dominates the plant-based protein market, pea protein is projected to witness the fastest growth in the coming years. Between 2013 to 2016, the number of new products containing pea protein as a significant ingredient saw an increase of almost 195%. North America and Europe are the leading markets for pea protein ingredients. Pea protein is witnessing a rising demand in the US, especially from the beverage segment. After soy protein, pea protein accounted for the largest segment in the plant-based protein beverage launches in the US between 2013-2017. The industry in North America is being aided by the robust production of peas in Canada. The country accounts for nearly 30% of the global peas production and is also a major exporter of peas, globally.

1 Preface 2 Research Methodology 3 Executive Summary 3.1 Market Overview 3.2 Key Demand Drivers 3.3 Key Players 3.4 Supply Market Changes 4 Global Pea Protein Market Overview 4.1 Global Pea Protein Market Analysis 4.1.1 Figure: Global Pea Protein Historical Market (2014-2018) & Forecast (2019-2024) 4.1.2 Chart: Global Pea Protein Market Breakup by Type 4.1.2.1 Isolate 4.1.2.2 Concentrate 4.1.2.3 Textured 4.1.3 Figure: Global Pea Protein Market Breakup by Product Type: Historical Market (2014-2018) & Forecast (2019-2024) 4.1.3.1 Isolate 4.1.3.2 Concentrate 4.1.3.3 Textured 4.1.4 Chart: Global Pea Protein Market Breakup by Form 4.1.4.1 Dry 4.1.4.2 Wet 4.1.5 Figure: Global Pea Protein Market Breakup by Form: Market (2014-2018) & Forecast (2019-2024) 4.1.5.1 Dry 4.1.5.2 Wet 4.1.6 Chart: Global Pea Protein Market Breakup by Application 4.1.6.1 Functional Food 4.1.6.2 Beverages 4.1.6.3 Sports Nutrition 4.1.6.4 Pharmaceuticals 4.1.6.5 Meat Additives 4.1.6.6 Bakery and Confectionery 4.1.6.7 Others 4.1.7 Figure: Global Pea Protein Market Breakup by Application: Market (2014-2018) & Forecast (2019-2024) 4.1.7.1 Functional Food 4.1.7.2 Beverages 4.1.7.3 Sports Nutrition 4.1.7.4 Pharmaceuticals 4.1.7.5 Meat Additives 4.1.7.6 Bakery and Confectionery 4.1.7.7 Others 4.1.8 Chart: Global Pea Protein Market Breakup by Region 4.1.8.1 North America 4.1.8.2 Europe 4.1.8.3 Asia Pacific 4.1.8.4 LATAM 4.1.8.5 Middle East and Africa 4.1.9 Figure: Global Pea Protein Market Breakup by Region: Market (2014-2018) & Forecast (2019-2024) 4.1.9.1 North America 4.1.9.2 Europe 4.1.9.3 Asia Pacific 4.1.9.4 LATAM 4.1.9.5 Middle East and Africa 4.2 SWOT Analysis 4.2.1 Overview 4.2.2 Strengths 4.2.3 Weaknesses 4.2.4 Opportunities 4.2.5 Threats 4.3 Value Chain Analysis 4.4 Porter’s Five Forces Analysis 4.4.1 Overview 4.4.2 Buyer’s Power 4.4.3 Supplier’s Power 4.4.4 New Entrants 4.4.5 Degree of Rivalry 4.4.6 Substitutes 4.5 Global Pea Protein Price Analysis 4.5.1 North America Pea Protein Historical Price Trends (2014-2018) & Forecast (2019- 2024) 4.5.2 Europe Pea Protein Historical Price Trends (2014-2018) & Forecast (2019-2024) 4.5.3 Asia Pacific Pea Protein Historical Price Trends (2014-2018) & Forecast (2019-2024) 4.5.4 LATAM Pea Protein Historical Price Trends (2014-2018) & Forecast (2019-2024) 4.5.5 Middle East & Africa Pea Protein Historical Price Trends (2014-2018) & Forecast (2019-2024)

Related Links:

https://www.expertmarketresearch.com/reports/soy-protein-market https://www.expertmarketresearch.com/reports/mineral-supplements-market https://www.expertmarketresearch.com/reports/canada-functional-foods-and-natural-health-products-market https://www.expertmarketresearch.com/reports/sealing-and-strapping-packaging-tapes-market About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clientsWe serve a wide client base ranging from Fortune 1000 companies to small and medium enterprisesOur reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potentialWe offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Contact us

Expert Market Research Twitter: @expertmresearch Website: www.expertmarketresearch.com Email: sales@expertmarketresearch.com USA/Canada: +1-415-325-5166 | UK: +44-702-402-5790 LinkedIn: https://www.linkedin.com/company/expert-market-research/