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Global Pea Protein Market to reach USD267.01 Million by 2027.

Global Pea Protein Market Size study, by Type (Pea Protein Isolate, Pea Protein Concentrate, and Textured Pea Protein), Form (Dry and Liquid), Application (Dietary Supplement, Bakery & Confectionery Good, Meat Product & Alternative, Beverage, and Others) and Regional Forecasts 2020-2027

Product Code: OIRHG_20629279
Publish Date: 12-02-2021
Page: 200

Global Pea Protein Market is valued approximately USD 49.02 Million in 2019 and is anticipated to grow with a healthy growth rate of more than 23.60% over the forecast period 2020-2027. Pea protein isolate continues to account for relatively high sales thanks to its over 90 percent protein content, which is segregated from other pea components. Amid the growth of the ‘free-from’ movement, textured vegetable proteins have accumulated momentum because they are free of fat and have no cholesterol, which has an effect on demand for texturized pea proteins. Further, the popularity of pea protein in food products is rising due to the change in demand from animal protein to plant protein. This propensity towards plant-based diet is related to reasons such as sustainability, wellness, religious values, and environmental and animal rights. According to reports released by the Plant Based Foods Group, there was a substantial rise in plant-based foods in the United States between 2017 and 2018, with just 50 per cent registered for substitute dairy foods. Furthermore, plant protein processing is known to be more environmentally sustainable than animal proteins. Government associations around the world are also now promoting the use of organic and vegetarian food sources. For example, The European Vegetarian Union (EVU) urges the EU Commission to of the production of animal products in the light of its climate policy.
The EU has urged decision-makers to adopt policies to facilitate a societal dietary change. However, low consumer awareness about the pea protein-based products impedes the growth of the market over the forecast period of 2020-2027. Also, the inclusion of pea protein in sports eating and weight loss products is projected to increase the importance and demand for pea protein in the coming years.

The regional analysis of global Pea Protein market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rise of pea proteins in these regions has been motivated by growing population growth, increasing health consciousness and increasing innovative product introductions. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as increasing recognition of food & beverage producers, increasing urbanization, and increasing market demand for pea proteins would create lucrative growth prospects for the Pea Protein market across Asia-Pacific region.

Major market player included in this report are:
A&B Ingredients
Roquette Freres Le Romarin
Burcon Nutrascience Corporation
Cosucra Groupe Warcoing SA
Glanbia, Plc.
Nutri-Pea Limited
Sotexpro SA
Axiom Foods, Inc.
Farbest Brands/Farbest-Tallman Foods Corporation
Shandong Jianyuan Foods Co., Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By type:
Pea protein isolate
Pea protein concentrate
Textured pea protein
By form:
By application:
Dietary supplement
Bakery & confectionery good
Meat products & alternative
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Pea Protein Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Million)
1.2.1. Pea Protein Market, by Region, 2018-2027 (USD Million)
1.2.2. Pea Protein Market, by Type, 2018-2027 (USD Million)
1.2.3. Pea Protein Market, by Application, 2018-2027 (USD Million)
1.2.4. Pea Protein Market, by Form, 2018-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Pea Protein Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Pea Protein Market Dynamics
3.1. Pea Protein Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Pea Protein Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Pea Protein Market, by Type
5.1. Market Snapshot
5.2. Global Pea Protein Market by Type, Performance – Potential Analysis
5.3. Global Pea Protein Market Estimates & Forecasts by Type 2017-2027 (USD Million)
5.4. Pea Protein Market, Sub Segment Analysis
5.4.1. Pea protein isolate
5.4.2. Pea protein concentrate
5.4.3. Textured pea protein
Chapter 6. Global Pea Protein Market, by Application
6.1. Market Snapshot
6.2. Global Pea Protein Market by Application, Performance – Potential Analysis
6.3. Global Pea Protein Market Estimates & Forecasts by Application 2017-2027 (USD Million)
6.4. Pea Protein Market, Sub Segment Analysis
6.4.1. Dietary supplement
6.4.2. Bakery & confectionery good
6.4.3. Meat products & alternative
6.4.4. Beverage
6.4.5. Others
Chapter 7. Global Pea Protein Market, by Form
7.1. Market Snapshot
7.2. Global Pea Protein Market by Form, Performance – Potential Analysis
7.3. Global Pea Protein Market Estimates & Forecasts by Form 2017-2027 (USD Million)
7.4. Pea Protein Market, Sub Segment Analysis
7.4.1. Dry
7.4.2. Liquid
Chapter 8. Global Pea Protein Market, Regional Analysis
8.1. Pea Protein Market, Regional Market Snapshot
8.2. North America Pea Protein Market
8.2.1. U.S. Pea Protein Market Type breakdown estimates & forecasts, 2017-2027 Application breakdown estimates & forecasts, 2017-2027 Form breakdown estimates & forecasts, 2017-2027
8.2.2. Canada Pea Protein Market
8.3. Europe Pea Protein Market Snapshot
8.3.1. U.K. Pea Protein Market
8.3.2. Germany Pea Protein Market
8.3.3. France Pea Protein Market
8.3.4. Spain Pea Protein Market
8.3.5. Italy Pea Protein Market
8.3.6. Rest of Europe Pea Protein Market
8.4. Asia-Pacific Pea Protein Market Snapshot
8.4.1. China Pea Protein Market
8.4.2. India Pea Protein Market
8.4.3. Japan Pea Protein Market
8.4.4. Australia Pea Protein Market
8.4.5. South Korea Pea Protein Market
8.4.6. Rest of Asia Pacific Pea Protein Market
8.5. Latin America Pea Protein Market Snapshot
8.5.1. Brazil Pea Protein Market
8.5.2. Mexico Pea Protein Market
8.6. Rest of The World Pea Protein Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. A&B Ingredients Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. Roquette Freres Le Romarin
9.2.3. Burcon Nutrascience Corporation
9.2.4. Cosucra Groupe Warcoing SA
9.2.5. Glanbia, Plc.
9.2.6. Nutri-Pea Limited
9.2.7. Sotexpro SA
9.2.8. Axiom Foods, Inc.
9.2.9. Farbest Brands/Farbest-Tallman Foods Corporation
9.2.10. Shandong Jianyuan Foods Co., Ltd.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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