The global pea protein market is expected to reach USD 313.5
million by 2025, according to a new report by Grand View Research, Inc.
Increasing consumption of gluten-free products for treatment of celiac disease
is expected to boost the pea proteins demand during the forecast period.
Rising concerns over non-celiac gluten sensitivity is expected to result
in rising consumption of gluten-free foods and is hence anticipated to
positively impact the industry growth. Furthermore, the popularity of
maintaining a gluten-free diet (GFD) owing to reduced carbohydrate intake and
stimulation of weight loss is anticipated to propel the use of pea proteins
over the forecast period.
Increasing importance of maintaining a GFD in treating innate immune
response, joint pain, and numbness is foreseen to fuel the product demand in
the future. Furthermore, this diet is gaining popularity as an effective
treatment for curing symptoms of autism in children. This in turn is expected
to drive the pea protein demand over the forecast period.
Significant prevalence of lactose intolerance among infants and children
in developing regions such as Central & South America, Asia Pacific, and
Middle East & Africa is projected to be another significant driver of the
industry growth. Pea protein is one of the highly preferred non-dairy
substitutes, as it is characterized by good amino acid profile and is easily
digestible. These attributes make the product favorable for use in various food
& beverage products such as protein fortified health drinks and sports
nutritional foods.
Full Research
Report On pea protein market Analysis:
http://www.grandviewresearch.com/industry-analysis/pea-protein-market
http://www.grandviewresearch.com/industry-analysis/pea-protein-market
Further
key findings from the report suggest:
·
In terms of volume, bakery goods
application is expected to rise at a CAGR of 13.6% from 2017 to 2025, owing to
the utilization of pea protein as a fibrous and gluten-free product
·
Pea concentrates accounted for a revenue
share of 27.2% in 2016. These products comprise 70-80% of protein content and
are favorably used in energy drinks and fruit mixes applications
·
The growth of the food & beverage
industry in Brazil, India, China, and Mexico as a consequence of increasing
domestic consumption coupled with the adoption of modern farming technology is
expected to drive the industry growth in the near future
·
Companies are focusing on enhancement of
their business growth through significantly investing in research &
development, new product launches, and forward integration. Farbest and
Roquette America have forward integrated business operations as they are
engaged in the production as well as supply operations.
·
In October 2014, Comax Flavors launched a
new pea protein masking range of food additives owing to minimize or reduce the
unpleasant flavor in the processed goods
·
In April 2014, Carmit Candy Industries
launched a wafer snack bar fortified with a dark chocolate coating and
containing pea protein aimed at eliminating the pea protein flavor
View More Reports
Of This Category By Grand View Research At: https://www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements
Grand View Research has segmented the global pea protein market on the
basis of product, application, and region:
Pea Protein Product Outlook
(Volume, Tons; Revenue, USD Thousand; 2014 - 2025)
·
Isolates
·
Concentrates
·
Textured
Pea Protein Form Outlook
(Volume, Tons; Revenue, USD Thousand; 2014 - 2025)
·
Dry
·
Liquid
Pea Protein Application
Outlook (Volume, Tons; Revenue, USD Thousand; 2014 - 2025)
·
Meat extenders & analogues
·
Bakery Goods
·
Dietary Supplements
·
Beverage
·
Others
Pea Protein Regional Outlook
(Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)
·
North America
o U.S.
o Canada
o Mexico
·
Europe
o UK
o Germany
o France
·
Asia Pacific
o China
o Japan
o Australia
·
Central & South America
o Brazil
·
Middle East & Africa
Access Full Press Release of this Report:
https://www.grandviewresearch.com/press-release/global-pea-proteins-market
https://www.grandviewresearch.com/press-release/global-pea-proteins-market
About Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For more information: https://www.grandviewresearch.com/
