The global pea protein market is expected to grow at a CAGR of around 7% during 2019-2024. Pea protein is a high-quality source of protein derived primarily from yellow peas. Rich in essential nutrients such as arginine and branched-chain amino acids, it has a neutral taste and is sold in various forms such as powder, bar and milk. It finds wide applications in the food industry where it is used as a food additive, dietary supplement and dairy protein alternative. A rich source of iron, it is an entirely vegan food option which can be easily digested by the body without any bloating, unlike most other protein supplements. However, its consumption can have a reaction in people with an allergy to peas or peanuts.
The growing trend of vegan- and vegetarianism is one of the key factors driving the market growth. Since the consumption of red meat has been linked to the development of several heart-related diseases, it is encouraging consumers to seek non-meat protein options. Products containing pea protein have thus become a preferred choice for such consumers as it is an ideal alternative to meat-based sources of protein. Furthermore, it is gluten- and dairy-free owing to which it serves as a suitable option for people who suffer from lactose intolerance or gluten allergy. It also forms an integral part of several weight-management and sports nutrition products which are becoming popular among health-conscious consumers. Moreover, rising disposable incomes leading to rising health and wellness expenditures is also driving the market growth.
IMARC Group’s latest report provides a deep insight into the global pea protein market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global pea protein market in any manner.
Report Coverage:
- Historical, Current and Future Market Trends
- Market Breakup by Product Type:
- Isolates
- Concentrates
- Textured
- Market Breakup by Application:
- Dietary Supplements
- Bakery Products
- Meat Substitutes
- Beverages
- Others
- Market Breakup by End User:
- Market Breakup by Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Axiom Foods, Inc., Cosucra-Groupe Warcoing, Nutri-Pea Limited, Roquette Freres, Shandong Jianyuan Foods Co., Ltd, Sotexpro SA, The Scoular Company, Naturz Organics, Fenchem, Glanbia Plc, etc.
Key Questions Answered in This Report:
- How has the global pea protein market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global pea protein industry?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end-user?
- What are the various stages in the value chain of the global pea protein industry?
- What are the key driving factors and challenges in the global pea protein industry?
- What is the structure of the global pea protein industry and who are the key players?
- What is the degree of competition in the global pea protein industry?
- What are the profit margins in the global pea protein industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Pea Protein Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product Type
5.4 Market Breakup by Application
5.5 Market Breakup by End-User
5.6 Market Breakup by Region
5.7 Market Forecast
6 Market Breakup by Product Type
6.1 Isolates
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Concentrates
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Textured
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Application
7.1 Dietary Supplements
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Bakery Products
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Meat Substitutes
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Beverages
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by End-User
8.1 Retail
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Institutional
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Europe
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Asia Pacific
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Middle East and Africa
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Latin America
9.5.1 Market Trends
9.5.2 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
13.1 Price Indicators
13.2 Price Structure
13.3 Margin Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Axiom Foods, Inc.
14.3.2 Cosucra-Groupe Warcoing
14.3.3 Nutri-Pea Limited
14.3.4 Roquette Freres
14.3.5 Shandong Jianyuan Foods Co., Ltd
14.3.6 Sotexpro SA
14.3.7 The Scoular Company
14.3.8 Naturz Organics
14.3.9 Fenchem
14.3.10 Glanbia Plc
List of Figures
Figure 1: Global: Pea Protein Market: Major Drivers and Challenges
Figure 2: Global: Pea Protein Market: Sales Value (in Million US$), 2013-2018
Figure 3: Global: Pea Protein Market: Breakup by Product Type (in %), 2018
Figure 4: Global: Pea Protein Market: Breakup by Application (in %), 2018
Figure 5: Global: Pea Protein Market: Breakup by End-User (in %), 2018
Figure 6: Global: Pea Protein Market: Breakup by Region (in %), 2018
Figure 7: Global: Pea Protein Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 8: Global: Pea Protein Industry: SWOT Analysis
Figure 9: Global: Pea Protein Industry: Value Chain Analysis
Figure 10: Global: Pea Protein Industry: Porter’s Five Forces Analysis
Figure 11: Global: Pea Protein (Isolates) Market: Sales Value (in Million US$), 2013-2018
Figure 12: Global: Pea Protein (Isolates) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 13: Global: Pea Protein (Inorganic PCM) Market: Sales Value (in Million US$), 2013-2018
Figure 14: Global: Pea Protein (Inorganic PCM) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 15: Global: Pea Protein (Textured) Market: Sales Value (in Million US$), 2013-2018
Figure 16: Global: Pea Protein (Textured) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 17: Global: Pea Protein (Dietary Supplements) Market: Sales Value (in Million US$), 2013-2018
Figure 18: Global: Pea Protein (Dietary Supplements) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 19: Global: Pea Protein (Bakery Products) Market: Sales Value (in Million US$), 2013-2018
Figure 20: Global: Pea Protein (Bakery Products) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 21: Global: Pea Protein (Meat Substitutes) Market: Sales Value (in Million US$), 2013-2018
Figure 22: Global: Pea Protein (Meat Substitutes) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 23: Global: Pea Protein (Beverages) Market: Sales Value (in Million US$), 2013-2018
Figure 24: Global: Pea Protein (Beverages) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 25: Global: Pea Protein (Other Applications) Market: Sales Value (in Million US$), 2013-2018
Figure 26: Global: Pea Protein (Other Applications) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 27: Global: Pea Protein (Retail) Market: Sales Value (in Million US$), 2013-2018
Figure 28: Global: Pea Protein (Retail) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 29: Global: Pea Protein (Institutional) Market: Sales Value (in Million US$), 2013-2018
Figure 30: Global: Pea Protein (Institutional) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 31: North America: Pea Protein Market: Sales Value (in Million US$), 2013-2018
Figure 32: North America: Pea Protein Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 33: Europe: Pea Protein Market: Sales Value (in Million US$), 2013-2018
Figure 34: Europe: Pea Protein Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 35: Asia Pacific: Pea Protein Market: Sales Value (in Million US$), 2013-2018
Figure 36: Asia Pacific: Pea Protein Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 37: Middle East and Africa: Pea Protein Market: Sales Value (in Million US$), 2013-2018
Figure 38: Middle East and Africa: Pea Protein Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 39: Latin America: Pea Protein Market: Sales Value (in Million US$), 2013-2018
Figure 40: Latin America: Pea Protein Market Forecast: Sales Value (in Million US$), 2019-2024
List of Tables
Table 1: Global: Pea Protein Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Pea Protein Market Forecast: Breakup by Product Type (in Million US$), 2019-2024
Table 3: Global: Pea Protein Market Forecast: Breakup by Application (in Million US$), 2019-2024
Table 4: Global: Pea Protein Market Forecast: Breakup by End-User (in Million US$), 2019-2024
Table 5: Global: Pea Protein Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 6: Global: Pea Protein Market Structure
Table 7: Global: Pea Protein Market: Key Players