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 Global Pea Protein Market
Analysis: 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: http://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
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Asia
Pacific
- China
- Japan
- Australia
- Central
& South America
- Brazil
- Middle
East & Africa
Access Press Release of this research report by Grand
View Research: http://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: www.grandviewresearch.com
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