Market Overview:
The global textured 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 meat substitutes and dietary supplements, and rising awareness about the health benefits of consuming textured pea protein. The global textured pea protein market is segmented by type, application, and region. By type, the market is divided into isolated textured pea protein and concentrated textured pea protein. By application, the market is classified into meat substitutes, dietary supplements, bakery foods, beverages, and others (including pet food). The regional segments are North America (U.S., Canada), Latin America (Mexico), Europe (Germany), Asia Pacific (China), Middle East & Africa (South Africa).
Product Definition:
Textured pea protein is a plant-based protein that is made from peas. It is high in protein and fiber, and it has a mild flavor. Textured pea protein can be used to replace animal-based proteins in recipes, or it can be used as a supplement to increase the amount of protein in your diet.
Isolated Textured Pea Protein:
Isolated textured pea protein, also known as ITP, is a form of plant-based protein. It contains all the essential amino acids and is gluten-free. The product has high digestibility and absorption rate than other forms of plant proteins such as soy or hemp which makes it ideal for people who are allergic to milk or eggs.
Concentrated Textured Pea Protein:
Concentrated textured pea protein (CTPP) is a plant-based protein, extracted from the peas that are necessary for providing nutrition to the human body. It contains various amino acids and can be used as a meat alternative. The product has high nutritional value and thus helps in muscle building, fat reduction, healthy hair growth, skin nourishment along with lowering cholesterol levels in the human body.
Application Insights:
Dietary supplements led the global textured pea protein market and accounted for more than 35.0% share of the global revenue in 2017 on account of high muscle strength, bone density, and cardiovascular benefits. In addition, growing health awareness among individuals is expected to augment product demand in dietary supplements application over the forecast period.
Meat substitutes segment is expected to witness significant growth over the forecast period owing to rising consumer preference for vegan diet due to concerns regarding animal rights as well as environmental protection issues. Textured vegetable protein can be used as a meat analogue and has been proven effective in replacing traditional sources of animal proteins such as meat from beef & pork or chicken & eggs with just one serving providing essential amino acids required by human body. Growing demand for healthy food products along with increasing health consciousness among consumers are likely to propel TVP¢â‚¬â„¢s consumption in various food applications including bakery foods, beverages, snacks etc.
Regional Analysis:
North America was the largest regional market in 2017 owing to growing consumer awareness about protein supplements and food products. The region is expected to maintain its dominance over the forecast period due to increasing meat substitutes consumption, which is majorly driven by rising vegan population in U.S. Europe also held a significant share of global industry demand as it is one of the key markets for isolated textured pea protein (ITPP). Bakery foods are one of the fastest-growing application segments across this region owing to high consumer preference for healthy snacks and desserts with low sugar content.
Asia Pacific ITTP market has huge potential as it has been observed that consumers from China, Japan, South Korea, Hong Kong have been purchasing these products at higher rates than consumers from other countries despite similar prices being charged globally for these items.
Growth Factors:
- Increasing demand for plant-based proteins: The Textured 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 Textured Pea Protein market is also driven by the rising popularity of veganism and vegetarianism around the world. This is because plant-based proteins are considered to be healthier than animal-based proteins.
- Growing focus on healthy eating: Another key driver for the Textured Pea Protein market is the growing focus on healthy eating around the world. Consumers are increasingly looking for healthier alternatives to traditional protein sources such as meat and dairy products.
- Rising disposable income levels: A fourth key driver for growth in this market is rising disposable income levels in developing countries, which has led to an increase in consumer spending on food products that offer health benefits, such as protein supplements made from plants rather than animals or insects..
Scope Of The Report
Report Attributes
Report Details
Report Title
Textured Pea Protein Market Research Report
By Type
Isolated Textured Pea Protein, Concentrated Textured Pea Protein
By Application
Meat Substitutes, Dietary Supplements, Bakery Foods, Beverages, Others
By Companies
Roquette, Puris Foods, Exeller, GLG LIFE TECH, NISCO, Vestkorn, SOTEXPRO, Burcon Nutrascience Corporation, Cosucra Groupe Warcoing, Nutri-Pea Limited
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Textured Pea Protein Market Report Segments:
The global Textured Pea Protein market is segmented on the basis of:
Types
Isolated Textured Pea Protein, Concentrated Textured Pea Protein
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
Meat Substitutes, Dietary Supplements, Bakery Foods, Beverages, Others
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:
- Roquette
- Puris Foods
- Exeller
- GLG LIFE TECH
- NISCO
- Vestkorn
- SOTEXPRO
- Burcon Nutrascience Corporation
- Cosucra Groupe Warcoing
- Nutri-Pea Limited
Highlights of The Textured 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:
- Isolated Textured Pea Protein
- Concentrated Textured Pea Protein
- By Application:
- Meat Substitutes
- Dietary Supplements
- Bakery Foods
- Beverages
- Others
- 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 Textured 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?
Textured Pea Protein is a plant-based protein that is made from peas. It has a textured, grainy texture and a slightly sweet flavor. This protein is high in fiber and contains several essential amino acids, making it an ideal choice for those looking to increase their intake of these nutrients.
Some of the major players in the textured pea protein market are Roquette, Puris Foods, Exeller, GLG LIFE TECH, NISCO, Vestkorn, SOTEXPRO, Burcon Nutrascience Corporation, Cosucra Groupe Warcoing, Nutri-Pea Limited.
The textured pea protein market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Textured Pea Protein Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Textured Pea Protein Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Textured Pea Protein Market - Supply Chain
4.5. Global Textured Pea Protein Market Forecast
4.5.1. Textured Pea Protein Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Textured Pea Protein Market Size (000 Units) and Y-o-Y Growth
4.5.3. Textured Pea Protein Market Absolute $ Opportunity
5. Global Textured Pea Protein Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Textured Pea Protein Market Size and Volume Forecast by Type
5.3.1. Isolated Textured Pea Protein
5.3.2. Concentrated Textured Pea Protein
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Textured Pea Protein Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Textured Pea Protein Market Size and Volume Forecast by Application
6.3.1. Meat Substitutes
6.3.2. Dietary Supplements
6.3.3. Bakery Foods
6.3.4. Beverages
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Textured Pea Protein Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Textured Pea Protein Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Textured Pea Protein Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Textured Pea Protein Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Textured Pea Protein Demand Share Forecast, 2019-2026
9. North America Textured Pea Protein Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Textured Pea Protein Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Textured Pea Protein Market Size and Volume Forecast by Application
9.4.1. Meat Substitutes
9.4.2. Dietary Supplements
9.4.3. Bakery Foods
9.4.4. Beverages
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Textured Pea Protein Market Size and Volume Forecast by Type
9.7.1. Isolated Textured Pea Protein
9.7.2. Concentrated Textured Pea Protein
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Textured Pea Protein Demand Share Forecast, 2019-2026
10. Latin America Textured Pea Protein Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Textured Pea Protein Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Textured Pea Protein Market Size and Volume Forecast by Application
10.4.1. Meat Substitutes
10.4.2. Dietary Supplements
10.4.3. Bakery Foods
10.4.4. Beverages
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Textured Pea Protein Market Size and Volume Forecast by Type
10.7.1. Isolated Textured Pea Protein
10.7.2. Concentrated Textured Pea Protein
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Textured Pea Protein Demand Share Forecast, 2019-2026
11. Europe Textured Pea Protein Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Textured Pea Protein Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Textured Pea Protein Market Size and Volume Forecast by Application
11.4.1. Meat Substitutes
11.4.2. Dietary Supplements
11.4.3. Bakery Foods
11.4.4. Beverages
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Textured Pea Protein Market Size and Volume Forecast by Type
11.7.1. Isolated Textured Pea Protein
11.7.2. Concentrated Textured Pea Protein
11.8. Basis Poin Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Textured Pea Protein Demand Share, 2019-2026
12. Asia Pacific Textured Pea Protein Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Textured Pea Protein Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Textured Pea Protein Market Size and Volume Forecast by Application
12.4.1. Meat Substitutes
12.4.2. Dietary Supplements
12.4.3. Bakery Foods
12.4.4. Beverages
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Textured Pea Protein Market Size and Volume Forecast by Type
12.7.1. Isolated Textured Pea Protein
12.7.2. Concentrated Textured Pea Protein
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Textured Pea Protein Demand Share, 2019-2026
13. Middle East & Africa Textured Pea Protein Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Textured Pea Protein Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Textured Pea Protein Market Size and Volume Forecast by Application
13.4.1. Meat Substitutes
13.4.2. Dietary Supplements
13.4.3. Bakery Foods
13.4.4. Beverages
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Textured Pea Protein Market Size and Volume Forecast by Type
13.7.1. Isolated Textured Pea Protein
13.7.2. Concentrated Textured Pea Protein
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Textured Pea Protein Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Textured Pea Protein Market: Market Share Analysis
14.2. Textured Pea Protein Distributors and Customers
14.3. Textured Pea Protein Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Roquette
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Puris Foods
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Exeller
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. GLG LIFE TECH
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. NISCO
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Vestkorn
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SOTEXPRO
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Burcon Nutrascience Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Cosucra Groupe Warcoing
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nutri-Pea Limited
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
