Global and Regional Pea Protein Market Outlook Report 2018-2023
Posted by Bharat Book on March 24th, 2018
Bharat Book Bureau Provides the Trending Market Research Report on Global and Regional Pea Protein Market Opportunity Analysis And Industry Forecast 2018-2023 under Food & Beverages category. The report provides information on industry overview, market size, latest developments, industry trends, Key players, global presence, and their future prospects.
Pea Protein Market size will grow from USD 27.22 Million in 2017 to USD 45.3 Million by 2023, at an estimated CAGR of 8.86%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
The primary factors driving the pea protein market are the rising vegan/vegetarian population and high nutritional profile of pea protein. Also, there is a growing popularity of meat substitutes and rising demand for gluten-free products, which are also driving the demand for pea protein products. Pea protein is procured through dry milling of yellow peas. With no use of chemical solvents in the extrusion process, it enables to maintain the functional and the nutritional value of pea. This is in line with the rise in worldwide demand for nutritional ingredients in the food industry. The demand for nutritional ingredients is governed by the performance quality, their incorporation in food processing, and regulations imposed by international and local governments on food manufacturers.
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By – The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.
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