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\nGrowing Consumer Attention Towards Health Benefits Associated with the Consumption of Pea Proteins has been Responsible for Market Growth

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Pea Protein Market Analysis, Size, Share, Growth, Industry Trends

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

of 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

Chapter 4 Pea Protein Product Insights

4.1 Global pea protein market share by product, 2016 & 2024

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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

6.2.4.3 Market estimates and forecast, by application, 2016 - 2024

6.3 Europe

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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

7.2 Cosucra-Groupe Warcoing

7.3 Nutri-Pea Limited

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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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About Us:

Hexa Research is a market research and consulting organization, offering industry reports, custom research

and consulting services to a host of key industries across the globe. We offer comprehensive business

intelligence in the form of industry reports which help our clients obtain clarity about their business

environment and enable them to undertake strategic growth initiatives.

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