Pea Protein Market Size, Share, Price, Trends, Growth, Forecast, Report 2020-25Posted by Steven Luke on March 16th, 2020 The global pea protein market attained a value of almost USD 61.98 million in 2019. The market is further expected to grow in the forecast period of 2020-2025 at a CAGR of 19.2% to attain a value of USD 177.80 million by 2025. Get a Free Sample Report With Table Of Contents: https://www.expertmarketresearch.com/request?type=report&flag=B&id=375 Competitive Landscape & Supplier Analysis:
The global pea protein market is being driven by the rising popularity of pea protein worldwide due to the growing awareness and rising concerns about the environment, health, and animal-rights. Since pea protein is neutral in taste, it is used 2014extensively in dairy alternatives of products like cheeses and yoghurts. It is also considered ‘Intermediate-fast protein’, which means, post-digestion, the pea protein is speedily assimilated by the body for protein synthesis. It, thus, has numerous applications in gluten-free and vegetarian foods, sports and slimming foods, and senior and clinical nutrition, which is furthering the demand for pea proteins in the global market. Read Full Report Description With Table Of Contents: https://www.expertmarketresearch.com/reports/pea-protein-market Major companies like Roquette Frères S.A and Axiom Foods Inc are some of the leading contributors to the growth of the pea protein market. Roquette Frères S.A is expected to open the largest pea protein manufacturing plant in Manitoba, Canada to cater to the increasing customer demand for plant-based proteins in North America and globally. This planned expansion will invigorate Roquette’s global leadership in plant protein products and will help further emphasize Roquette’s presence in the Americas. Axiom, another leading company in the pea protein market, has introduced a comprehensive line of all-natural ingredients, enriched with nutrition. The new line includes VegOtein P™ Pea Protein, a neutral-tasting pea protein, which was recently launched in March 2019. By coming up with this innovation, Axiom remains ahead of the other leading pea protein manufacturers like Ingredion, Roquette, Cargill, AIDP, and Shandong Jianyuan Foods, who have been striving to make pea protein flavourless and allergen-friendly. In March 2019, Axiom registered Univar Solutions (NYSE: UNVR), a global chemical and ingredient distributor, to be its official ingredient distributor in the United States. The collaboration with Univar helps Axiom extend its reach in the plant-based protein market. Market Analysis by Types:
The types of pea protein commonly available in the market are isolate, concentrate, and textured. Market Analysis by Forms:
By form, pea protein is broadly divided into dry and wet forms. Market Analysis by Applications:
Pea protein is used in functional food, beverages, sports nutrition, pharmaceuticals, meat additives, and bakery and confectionery, among others. Market Analysis by Regions:
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the major regional markets for pea protein. Key Findings of the Report:
Key Offerings of the Report:
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