San Francisco, 18 February 2019: The Report Pea Protein Market Analysis By Product (Isolates, Concentrates, Textured), By
Form (Dry, Liquid), By Application (Meat Substitutes, Bakery Goods, Dietary
Supplements, Beverage), And Segment Forecasts, 2018 - 2025
The 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.
Access Research Report of Pea Protein Market@ 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
Browse more reports of this category by Grand View
Research at: 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
·
Europe
·
Asia Pacific
·
Central & South America
·
Middle East & Africa
Access Press Release of
Pea Protein Market@ 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.
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