Pea Protein Market: Global Industry Analysis Report, Share, Size, Growth, Price Trends and Forecast, 2023

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Pea Protein Market Global Industry Analysis
Report, Share, Size, Growth, Price Trends and
Forecast, 2016 2023 Fractovia.org
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Key Insights of Pea Protein Market

• Leucine, Isoleucine, and Valine present in pea
  proteins help in the maintenance of tissues of
  the muscles. Pea proteins are easily digestible
  and are best suitable for the people having
  lactose intolerance. Changing food tastes,
  including the rising trend for protein-rich diet
  is anticipated to increase the pea protein
  consumption thereby boosting the global demand
  for pea proteins.
• As per the Global Market Insights Inc. report,
  the pea protein market is anticipated to touch
  USD 200 million by 2023 driven by factors such as
  cost efficiency, high nutritional value, and
  functional benefits. Its key benefits include
  weight reduction, muscle recovery, blood sugar
  control, healthy heart functioning, and reduction
  in kidney disease occurrence.
• ea protein isolate is predicted to dominate the
  market in the next few years by registering
  highest gains at over 13.9 over the period of
  2016-2023. Growing applications in the food
  beverage sector due to allergen-free features is
  anticipated to boost the demand. The textured pea
  protein market is predicted to touch USD 35
  million by the end of 2023.

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Continued

• High fiber content has led to the growing demand
  for textured pea proteins in food supplements as
  well as beverages. The Pea concentrates having
  contributed towards 30 of the total market share
  in 2015, is predicted to grow at a CAGR of 13
  over the period of 2016-2023 in terms of volume.
• The Asia Pacific market is expected to record a
  CAGR of 16.9 over the period of 2016-2023, with
  key drivers such as rising vegetarian population
  and scientific research contributing towards the
  growth. India and China are predicted to boost
  the regional growth.
• The North America pea protein market is projected
  to contribute towards 30 of the total revenue in
  the coming years, with U.S. estimated to add
  maximum market share owing to the heavy demand
  for the related products in this region.

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Europe pea protein market size by application,
2012 - 2023 (Tons)

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Continued.

• Key industry players include Roquette Freres,
  Nutri-Pea Limited, Burcon NutraScience, and
  Cosucra Groupe Warcoing. Heavy demand for pea
  proteins owing to its easy digestibility and a
  rich source of protein has encouraged new
  entrants to enter the market. This has raised the
  competition level with each industry player
  trying to acquire a maximum market share.
• France-based Roquette formed an alliance with the
  world food processing of U.S. to produce pea
  proteins due to its heavy demand in the U.S.
  Cosucras Pisane is a gluten-free pea protein
  isolate with allergen-free features and free from
  genetic modification. Major pea protein producers
  have formed an association with farmers, dealers,
  and other industry players to market their
  products to food beverages sector. The heavy
  demand worldwide will bring significant growth in
  this market worldwide.

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