Market Overview:
The global hydrolyzed pea protein market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for plant-based proteins and rising awareness about the health benefits of hydrolyzed pea protein. The other type segment is projected to grow at a higher CAGR than the ≥80% protein and ≥85% protein segments during the forecast period. The food and beverage application segment is expected to dominate the global hydrolyzed pea protein market in terms of revenue during 2018-2030. This can be attributed to factors such as growing demand for healthy, nutritious, and sustainable food products among consumers across the globe, coupled with rising inclination towards veganism/vegetarianism.
Product Definition:
A protein that is enzymatically hydrolyzed from peas. Hydrolyzed pea protein has a high solubility and is easily absorbed, making it an ideal ingredient for sports nutrition and medical foods.
≥80% Protein:
Hydrolyzed pea protein is a new-age protein, which has been gaining popularity among fitness enthusiasts and athletes. It is also used by bodybuilders to gain muscle mass and strength. The product contains various amino acids including lysine, methionine, threonine and cysteine; thus making it an ideal ingredient for the human body.
≥85% Protein:
The global market for hydrolyzed pea protein was valued at USD 5.5 million in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The increasing demand for plant-based products coupled with rising health consciousness among consumers is anticipated to drive growth during the forecast period.
Application Insights:
The food and beverage segment accounted for the largest market share in 2017. The application of hydrolyzed pea protein in food and beverages is expected to witness a CAGR of XX% from 2018 to 2030 owing to its ability to improve taste, texture, stability and nutritional properties. Furthermore, increasing demand for functional foods with added health benefits is expected drive the segment over the forecast period.
Hydrolyzed pea protein offers several advantages as an ingredient in processed meat products including reduced levels of artery-clogging saturated fat while maintaining essential fatty acids (EFA). It also helps reduce cholesterol levels by enhancing bile acid metabolism while minimizing the level of bad cholesterol LDL cholesterol in one's body fluids such as blood serum or urine1.,2.,3.
Regional Analysis:
Europe accounted for the largest market share of over 35% in 2017. The region is expected to witness a CAGR of XX% from 2018 to 2030 owing to increasing product demand as a result of growing consumer awareness regarding health and nutrition, coupled with stringent regulations on synthetic products in the region.
North America was the second-largest regional segment accounting for 24.4% market share in terms of revenue owing to high consumption levels coupled with rising applications across food and beverage, cosmetics, pharmaceuticals, and other industries due to consumer preferences toward natural ingredients based products over chemical counterparts.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period due its rapidly expanding population along with increasing disposable income levels that are resulting into increased spending on personal care products such as skin care creams & lotions.
Growth Factors:
- Increasing demand for plant-based proteins: The Hydrolyzed Pea Protein market is driven by the increasing demand for plant-based proteins. This is due to the growing awareness of the health benefits of plant-based proteins over animal-based proteins.
- Rising popularity of veganism and vegetarianism: The Hydrolyzed Pea Protein market is also driven by the rising popularity of veganism and vegetarianism, which has led to an increase in the demand for plant-based protein products.
- Growing focus on healthy eating: There is a growing focus on healthy eating, which has led to an increase in the demand for healthier alternatives such as Hydrolyzed Pea Protein products.
- Rising disposable income: A rise in disposable income has enabled consumers to afford premium quality Hydrolyzed Pea Protein products that offer better nutritional value than traditional protein sources such as meat and dairy products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydrolyzed Pea Protein Market Research Report
By Type
≥80% Protein, ≥85% Protein, Other
By Application
Food and Beverage, Cosmetics, Other
By Companies
Axiom Foods, Sinerga, Kelisema, Croda, PURIS, Kerry, ZXCHEM
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
187
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Hydrolyzed Pea Protein Market Report Segments:
The global Hydrolyzed Pea Protein market is segmented on the basis of:
Types
≥80% Protein, ≥85% Protein, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Beverage, Cosmetics, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Axiom Foods
- Sinerga
- Kelisema
- Croda
- PURIS
- Kerry
- ZXCHEM
Highlights of The Hydrolyzed Pea Protein Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- ≥80% Protein
- ≥85% Protein
- Other
- By Application:
- Food and Beverage
- Cosmetics
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hydrolyzed Pea Protein Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hydrolyzed pea protein is a type of protein that has been broken down into smaller peptides and amino acids. This process helps to increase the bioavailability of the protein, making it more effective in promoting muscle growth and recovery.
Some of the major players in the hydrolyzed pea protein market are Axiom Foods, Sinerga, Kelisema, Croda, PURIS, Kerry, ZXCHEM.
The hydrolyzed pea protein market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hydrolyzed Pea Protein Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hydrolyzed Pea Protein Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydrolyzed Pea Protein Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hydrolyzed Pea Protein Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hydrolyzed Pea Protein Market Size & Forecast, 2020-2028
4.5.1 Hydrolyzed Pea Protein Market Size and Y-o-Y Growth
4.5.2 Hydrolyzed Pea Protein Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 ≥80% Protein
5.2.2 ≥85% Protein
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food and Beverage
6.2.2 Cosmetics
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydrolyzed Pea Protein Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hydrolyzed Pea Protein Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 ≥80% Protein
9.6.2 ≥85% Protein
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food and Beverage
9.10.2 Cosmetics
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 ≥80% Protein
10.6.2 ≥85% Protein
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food and Beverage
10.10.2 Cosmetics
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 ≥80% Protein
11.6.2 ≥85% Protein
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food and Beverage
11.10.2 Cosmetics
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 ≥80% Protein
12.6.2 ≥85% Protein
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food and Beverage
12.10.2 Cosmetics
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 ≥80% Protein
13.6.2 ≥85% Protein
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food and Beverage
13.10.2 Cosmetics
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hydrolyzed Pea Protein Market: Competitive Dashboard
14.2 Global Hydrolyzed Pea Protein Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Axiom Foods
14.3.2 Sinerga
14.3.3 Kelisema
14.3.4 Croda
14.3.5 PURIS
14.3.6 Kerry
14.3.7 ZXCHEM
