Market Overview:
The global pea protein market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The high purity pea protein isolate segment is expected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the increasing demand for plant-based proteins and rising awareness about the health benefits of pea protein. The North America region is estimated to account for the largest share of the global pea protein market in 2018, followed by Europe and Asia Pacific. The growth in these regions can be attributed to factors such as rising consumer awareness about healthy eating habits, growing demand for plant-based proteins, and increasing inclination towards veganism/vegetarianism.
Product Definition:
A protein that is isolated from the seeds of peas. Pea protein has a high concentration of the amino acid arginine, which can be beneficial for athletes and bodybuilders. Pea protein is also a good source of fiber and omega-3 fatty acids. It can be used in smoothies, shakes, and other recipes as a plant-based source of protein.
Low Purity Pea Protein Isolate (75%-80%):
Low purity pea protein isolate (75%-80%) is a new form of plant-based protein that has been extracted and concentrated using various techniques. Low-purity pea protein isolates are used as dietary supplements, functional foods, nutraceuticals and cosmetics products owing to their high amino acid content.
Medium Purity Pea Protein Isolate (80%-85%):
Medium purity pea protein isolate (80%-85%) is a new form of plant-based protein that has been extracted and processed to remove all other ingredients but the peas. It contains 80% - 85% of raw material content by weight and is considered as one of the most pure forms of plant-based protein available in the market.
Application Insights:
Sports nutrition food was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. This is attributed to rising demand for functional foods with ergogenic benefits, such as improved muscle endurance and strength, cardiovascular fitness, bone health improvement and cognitive function enhancement.
The growing popularity of sports nutrition products has created a positive impact on industry growth. Rising awareness regarding protein intake among athletes has resulted in increased product consumption owing to their high nutritional value and ability to promote lean body mass gains. In addition, increasing government regulations related to gymnasiums are anticipated to augment market growth over the coming years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness considerable growth over the forecast period owing to rising consumer awareness regarding health, fitness, and sports. Moreover, growing concerns about obesity are projected to promote the application of pea protein isolate as an ingredient in functional food and beverage products.
Asia Pacific is anticipated to be one of the fastest-growing regional markets from 2018 to 2030 on account of increasing product consumption in countries such as China and Japan due to its high nutritional content; easy availability at low costs; ease of processing compared with other animal source proteins; and demand for plant-based ingredients that offer a cleaner image than meat or dairy products. Furthermore, rising disposable income levels coupled with expanding middle class populations will boost demand for these protein supplements across emerging economies such as India and China over the coming years.
Growth Factors:
- Increasing demand for plant-based proteins: The global population is growing at a rapid pace and so is the demand for protein-rich foods. Pea protein offers an excellent alternative to animal-based proteins and is becoming increasingly popular among health conscious consumers.
- Rising awareness of the health benefits of pea protein: Pea protein has been found to be high in fiber, low in fat, cholesterol free, and gluten free. It also contains all nine essential amino acids making it a complete source of protein. This has led to an increase in its popularity as a healthy dietary supplement.
- Growing use of pea protein in food & beverage products: Pea Protein is being used as an ingredient in a wide range of food & beverage products such as energy bars, shakes, pasta sauces, etc., due to its functional properties like emulsification, thickening and stabilization. This is helping to drive the growth of the market globally.
- . increasing investment by leading players: Leading players are investing heavily in research and development activities to develop innovative peaprotein based products that can caterto the needs of different segmentsof the market .Thisis helpingto fuelthegrowthofthemarketin thenearfuture .
- . rising popularityof veganismand vegetarianism : The trend towards veganismand vegetarianismisgrowingrapidlyworldwide , whichhasledtotheincreaseddemandforplantbasedproteinsincludingpeaprotein .
Scope Of The Report
Report Attributes
Report Details
Report Title
Pea Protein Market Research Report
By Type
Low Purity Pea Protein Isolate (75%-80%), Medium Purity Pea Protein Isolate (80%-85%), High Purity Pea Protein Isolate (>85%)
By Application
Sports Nutrition Food, Energy Drinks, Health Food, Pet Food
By Companies
Emsland, Roquette, Cosucra, Nutri-Pea, Shuangta Food, Yantai Oriental Protein Tech, Shandong Jianyuan Foods, Shandong Huatai Food
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
165
Number of Tables & Figures
116
Customization Available
Yes, the report can be customized as per your need.
Global Pea Protein Market Report Segments:
The global Pea Protein market is segmented on the basis of:
Types
Low Purity Pea Protein Isolate (75%-80%), Medium Purity Pea Protein Isolate (80%-85%), High Purity Pea Protein Isolate (>85%)
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
Sports Nutrition Food, Energy Drinks, Health Food, Pet Food
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:
- Emsland
- Roquette
- Cosucra
- Nutri-Pea
- Shuangta Food
- Yantai Oriental Protein Tech
- Shandong Jianyuan Foods
- Shandong Huatai Food
Highlights of The 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:
- Low Purity Pea Protein Isolate (75%-80%)
- Medium Purity Pea Protein Isolate (80%-85%)
- High Purity Pea Protein Isolate (>85%)
- By Application:
- Sports Nutrition Food
- Energy Drinks
- Health Food
- Pet Food
- 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 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Pea protein is a plant-based protein that comes from the dried peas. It is a high quality, complete source of amino acids and has a low calorie content.
Some of the major players in the pea protein market are Emsland, Roquette, Cosucra, Nutri-Pea, Shuangta Food, Yantai Oriental Protein Tech, Shandong Jianyuan Foods, Shandong Huatai Food.
The 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 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 Pea Protein Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 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 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 Pea Protein Market Size & Forecast, 2020-2028
4.5.1 Pea Protein Market Size and Y-o-Y Growth
4.5.2 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 Low Purity Pea Protein Isolate (75%-80%)
5.2.2 Medium Purity Pea Protein Isolate (80%-85%)
5.2.3 High Purity Pea Protein Isolate (>85%)
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 Sports Nutrition Food
6.2.2 Energy Drinks
6.2.3 Health Food
6.2.4 Pet Food
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 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 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 Low Purity Pea Protein Isolate (75%-80%)
9.6.2 Medium Purity Pea Protein Isolate (80%-85%)
9.6.3 High Purity Pea Protein Isolate (>85%)
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 Sports Nutrition Food
9.10.2 Energy Drinks
9.10.3 Health Food
9.10.4 Pet Food
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 Low Purity Pea Protein Isolate (75%-80%)
10.6.2 Medium Purity Pea Protein Isolate (80%-85%)
10.6.3 High Purity Pea Protein Isolate (>85%)
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 Sports Nutrition Food
10.10.2 Energy Drinks
10.10.3 Health Food
10.10.4 Pet Food
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 Low Purity Pea Protein Isolate (75%-80%)
11.6.2 Medium Purity Pea Protein Isolate (80%-85%)
11.6.3 High Purity Pea Protein Isolate (>85%)
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 Sports Nutrition Food
11.10.2 Energy Drinks
11.10.3 Health Food
11.10.4 Pet Food
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 Low Purity Pea Protein Isolate (75%-80%)
12.6.2 Medium Purity Pea Protein Isolate (80%-85%)
12.6.3 High Purity Pea Protein Isolate (>85%)
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 Sports Nutrition Food
12.10.2 Energy Drinks
12.10.3 Health Food
12.10.4 Pet Food
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 Low Purity Pea Protein Isolate (75%-80%)
13.6.2 Medium Purity Pea Protein Isolate (80%-85%)
13.6.3 High Purity Pea Protein Isolate (>85%)
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 Sports Nutrition Food
13.10.2 Energy Drinks
13.10.3 Health Food
13.10.4 Pet Food
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 Pea Protein Market: Competitive Dashboard
14.2 Global Pea Protein Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Emsland
14.3.2 Roquette
14.3.3 Cosucra
14.3.4 Nutri-Pea
14.3.5 Shuangta Food
14.3.6 Yantai Oriental Protein Tech
14.3.7 Shandong Jianyuan Foods
14.3.8 Shandong Huatai Food
