Pea Protein Market by Type (Isolate, Concentrate, and Textured), Form (Dry and Wet), Source (Yellow Split Pea, Lentils and ChickPea), Application, and Region (North America, Europe, APAC, South America and ROW ) - Global Forecast to 2027
[305 Pages Report] Pea Protein Market registered the revenue of USD 2.9 billion towards the end of 2027, at a CAGR of 11.9%. The global market was valued USD 1.7 billion in 2022. Consumers are getting increasingly aware of the benefits of nutritional and health products. The usage of pea proteins has rapidly evolved in the past years, which has contributed significantly to the food & beverage, pet food, feed, textile, and pharmaceutical industrial applications. Furthermore, the rise in vegan population, popularity of plant-based foods and gluten-free products and nutritional benefits of pea-based products are key factors that are projected to drive the growth of the Pea Protein market during the forecast period.
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Impact of Covid-19 on Pea Protein Market
The outbreak of the COVID-19 pandemic had an impact on the pea protein market's application sector. Initially, the imposition of lockdowns in global markets in 2020 had a significant impact on the business of many large-scale retailers in the food and beverage industries. For a short time, sales were down. However, these sales quickly recovered as the market for online food and grocery purchases boomed in the mid-2020s. As they remained under lockdown, this resulted in a greater emphasis on healthy and nutritious foods. Further, governments in the global regions made efforts to stabilize their respective countries' and regions' food security, which kept the food sector industries running.
According to a recent Smartbrief report, approximately one-third of people will consume more functional foods and beverages in 2020 than in previous years. With the impending reintroduction of another lockdown in 2021, there is an increase in the availability of sports nutrition products such as protein drinks, electrolyte replenishers, energy boosters, and performance enhancers. released Applied Nutrition's new ABE brand of energy and performance beverages will be available in August 2020. As a result, an increase in pea proteins in these markets and applications is expected to occur soon.
The coronavirus pandemic had a positive impact on the Pea Protein consumption in North America, Europe, Asia Pacific, South America, and Rest of World as under the first lockdown the sales dipped a little but recovered as people started accepting healthier and functional food options. In 2021, the sales remained stagnant due to reimposement of lockdown in these countries as a result of reliance on comfort foods along with these healthier options. As a result, the pea protein market had a slight growth at the start of COVID-19 but has stayed stagnant in the last 2 years.
Pea Protein Market Dynamics
Driver: Growing consumer awareness about nutritional benefits offered by pea and pea-based products
Pea protein powder is being popularly used to manufacture protein shakes, smoothies, and energy drinks to increase the protein content and is an excellent fit for almost any diet since it is naturally vegan and hypoallergenic. It is a great source of iron and high-quality protein. It is also estimated to help muscle growth, weight loss, and heart health. The protein from peas, mainly yellow peas, has been shown to lower cholesterol and blood pressure while gentle on the kidneys. All these benefits of pea proteins are expected to drive the growth of the global pea protein market.
Restraint: Low processing outputs result in limited supply to manufacturers
The global demand for pea protein is also rising with the growing nutritional benefits. However, due to the complex and costly extraction and processing of pea protein, the supplies are insufficient to cater to the global demand. Somewhere, soy protein, being the leading protein ingredient and having economies of scale by the food & beverage manufacturers, is leading to the limited supply of the pea protein ingredient. Also, the conversion rate of peas into pea protein is comparatively low. The ratio is about 15% in the industrial process, including drying, dehulling, and milling of peas. Comparatively, the ratio of pea protein extracted from peas in the pilot process, including soaking and wet milling, is over 20%. For instance, if there is an input of 40 tons of peas in an industrial process, the output will only be about 6 tons of pea protein isolates. Similarly, putting in 50 kg of pea seeds will produce 10 kg of pea protein isolates in the pilot process. The rest of the pea seeds are then either converted into pea starches or pea fibers. Hence, the market is facing a crunch in the supply of pea protein required by food & beverage manufacturers, which has led them to switch to other plant-based proteins or blends and alternatives.
Opportunity: Advancements in texture properties supporting adoption in baking ingredients
Pea protein has excellent emulsification properties, binding both fat and water for a stable emulsion. This is beneficial for egg replacement and is demonstrated well in Hampton Creek’s Just Mayo, replacing the eggs with pea protein to make a vegan ‘mayonnaise.’ It is also helpful in reducing the fat content of salad dressings, with little impact on mouthfeel or flavor. Beyond Meat uses pea protein for producing meat alternatives, lending a chewy, meat-like texture to their products. It can also be used in ground beef products to act as a binder, increasing the cooking yield of meats.
Challenge: Supply constraint due to unstable pea production
The major challenge that pea protein manufacturers face is a supply shortage. Climate change is already affecting agriculture, with effects unevenly distributed across the world. Higher temperatures eventually reduce the yields of desirable crops. Lower production and Covid-related import bottlenecks have pushed up the prices of peas. The prices of pulses, which are among the cheapest sources of protein, have risen marginally since last year.
In terms of type, the textured segment is projected to grow at the highest CAGR in the forecasted period.
The unique benefit of textured pea protein lies in its granule size. Its small granule size and fibrous appearance make it ideal for plant-based ground-meat applications and vegan sausages and patties. It is specifically known to enhance the juiciness of products and mimic the sensation of biting into the meat. These factors are expected to drive the growth for textured pea protein.
Yellow split peas dominate the global pea protein market during the forecast period.
Yellow split peas are one of the most popular pea sources among product manufacturers. This is due to peas' functionality and adaptability to different product types, which is driving demand for yellow split peas in a variety of products such as plant-based meat, beverages, functional foods, and performance nutrition. Yellow split peas' high protein content makes them ideal for producing pea protein isolates.
The dry form pea protein is estimated to dominate the pea protein market during the forecast period.
The dry form of pea protein is more popular than wet pea protein because it has a wider range of applications. Dry textured pea proteins have a dominant market position due to their characteristics and demand in a wide range of applications. The increased demand for dry textured proteins in applications such as plant-based meat due to its’ ability to replicate the meaty texture has helped to improve the industry outlook for dry textured pea proteins. They are commonly used as a nutritional supplement formulated with yellow protein pea extract. It is mostly used as a protein filler in products like fitness shakes and smoothies.
Food application is projected to see a significant growth in the Pea Protein market during the forecast period.
The growing demand for meat substitutes has aided the growth of pea protein, which is now used in the production of plant-based burger patties and sausages. The use in performance nutrition has also grown significantly, as factors such as lactose intolerance have led to athletes substituting vegan protein alternatives such as pea proteins for whey protein. Meat substitutes, performance nutrition, functional foods, snacks, and bakery are all part of the food segment. The meat substitutes segment dominated the food application segment due to the rising application of pea proteins, making it healthier and more popular among customers.
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North America holds a significant share in the pea protein market during the forecast period.
North America is experiencing strong growth prospects in the plant-based pea protein sector due to the increasing demand for healthy meat and dairy substitute products. The growing trend of veganism has pushed the growth of the North American pea protein industry. Consumers are gradually shifting their diet preferences and are going vegan due to the health and wellness benefits associated with it. This paradigm shift in food culture is being supported by health & fitness industries, medical communities, celebrities, and athletes, which has bolstered the demand for pea protein.
Key Market Players
The key players in this market include Rouquette Freres (France), DuPont (US), Glanbia PLC (Ireland), Kerry (Ireland), Ingredion (US), Puris (US), Emsland Group (Germany), Yantai Shuangta Foods Co., Ltd (China), The Scoular Company (US), Burcon (Canada), Shandong Jianyuan Group (China), ET-Chem (China), AGT Food and Ingredients (Canada), The Green Labs LLC. (US), and Axiom Foods, Inc. (US). These players in this market are focusing on increasing their presence through agreements and collaborations. These companies have a strong presence in North America, Asia Pacific and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.
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|
Report Metric |
Details |
|
Revenue forecast |
USD 2.9 billion |
|
Growth rate |
CAGR of 11.9%. |
|
Market size estimation |
2017–2027 |
|
Base year considered |
2021 |
|
Forecast period considered |
2022–2027 |
|
Units considered |
Value (USD), Volume (KT) |
|
Segments covered |
Type, Mode of Application, End use, and Region |
|
Regions covered |
North America, Europe, Asia Pacific, South America, and RoW |
|
Pea protein companies studied |
Rouquette Freres (France), DuPont (US), Glanbia PLC (Ireland), Kerry (Ireland), Ingredion (US), Puris (US), Emsland Group (Germany), Yantai Shuangta Foods Co., Ltd (China), The Scoular Company (US), Burcon (Canada), Shandong Jianyuan Group (China), ET-Chem (China), AGT Food and Ingredients (Canada), The Green Labs LLC. (US), and Axiom Foods, Inc. (US) |
This research report categorizes the Pea Protein market based on type, application, form, source, and region.
Based on type, the market has been segmented as follows:
- Isolate
- Concentrate
- Textured
Based on Source, the market has been segmented as follows:
- Yellow Spit Pea
- Chickpea
- Lentils
Based on the mode of application, the market has been segmented as follows:
- Food
- Meat Substitute
- Performance Nutrition
- Functional Foods
- Snacks
- Bakery Products
- Confectionary
- Other food application
- Beverages
- Other applications
Based on the region, the market has been segmented as follows:
- North America
- Europe
- Asia Pacific
- South America
- RoW (the Middle East & Africa)
Recent Developments
- In December 2021, Ingredion Incorporated and Grupo arcor have agreed to form a joint venture that combines their production experience, complementary geographic footprints, and marketing capabilities to expand their food & beverage ingredient supplies to clients in Argentina, Chile, and Uruguay.
- In September 2021, Batory Foods and Ingredion have signed a new ingredient distribution agreement. The agreement expands Ingredion's distribution network in the West and Central Midwest of the US, making it easier for food & beverage businesses to obtain the ingredients they need to manufacture and promote their goods.
- In September 2021, Roquette Frères set up a new center of expertise in Vic-Sur Aisne in France. This center will expand the area of possibilities in terms of food innovation, novel protein development, and new manufacturing technologies by focusing solely on plant protein.
- In July 2021, Ingredion Incorporated launched VITESSENCE TEX Crumbles 102. The textured protein VITESSENCE TEX Crumbles 102 enables food makers to create consumer-favorite substitute meat products without sacrificing taste or texture. The textured protein is labeled as pea protein and provides 65% protein (dry weight).
- In September 2020, Roquette Frères focused on setting up the world's largest pea protein plant in Portage la Prairie, Manitoba, Canada, just outside of the City of Winnipeg by the end of 2020. The construction of this new plant aims to meet the growing demand for pea protein worldwide.
Frequently Asked Questions (FAQ):
Who are some of the key players operating in the Pea Protein market and how intense is the competition?
The key players in this market include Rouquette Freres (France), DuPont (US), Glanbia PLC (Ireland), Kerry (Ireland), Ingredion (US), Puris (US), Emsland Group (Germany), Yantai Shuangta Foods Co., Ltd (China), The Scoular Company (US), Burcon (Canada), Shandong Jianyuan Group (China), ET-Chem (China), AGT Food and Ingredients (Canada), The Green Labs LLC. (US), and Axiom Foods, Inc. (US). The Pea Protein market is highly competitive with the leading companies working hard in order to maintain their market positions while parallelly there are local and domestic companies arising in every region. The strong manufacturing regions such as Europe and North America show a high rise in the development of new companies in the market which strongly are emerging as ey exporters.
What kind of stakeholders would be interested in this market? What will be their go-to-market strategy, and which emerging market will be of significant interest?
The key stakeholders to Pea Protein market would be
- Pea Protein manufacturers, formulators, and blenders
- Pea Protein traders, suppliers, distributors, importers, and exporters
- Pea Protein manufacturing, formulating and blending technology providers
- Food manufacturers
- Meat alternative manufacturers
- Dairy alternative manufacturers
- Sports nutrition manufacturers
- Food importers and exporters
- Intermediary suppliers include traders and distributors of plant-based sources such as soy, pea, corn, chia, and flax.
- Government and research organizations
- Associations and industry bodies:
- Food and Agriculture Organization (FAO)
- United States Department of Agriculture (USDA)
- European Food Safety Authority (EFSA)
- European Association of Specialty Feed Ingredients and their Mixtures (FEFANA)
- Organization for Economic Co-operation and Development (OECD)
- Venture capitalists and investors
What are the potential challenges to the Pea Protein market?
The major challenge that pea protein manufacturers face is a supply demand gap. The supply has been short compared to the rising demand of vegan population. Higher temperatures due to global warming has reduced the yields of desirable crops. Thus low production and Covid-related import bottlenecks due to country lockdown and supply chain disruptions have pushed up the prices of peas.
What are the key market trends in the Pea Protein market?
Currently yellow split peas are the source of choice for their high protein percentage and their amino acid profile making it a whole protein. The dry form of pea protein is preferred due to it’s versatile application in food applications ranging from meat substitutes, performance nutrition, functional foods, snacks, bakery products, confectionery, protein powders, sports/protein drinks. Pea Protein Isolate is the choice type of customers due to it’s attached health benefits and use in smoothies and protein supplements.
What are the key development strategies undertaken by companies in the Pea Protein market?
Strategies such as new product launches, investments into expansion and development, research initiatives are the key strategies being used by large players in order to achieve differential positioning in the global market.
Why is pea protein popular?
Consumers are becoming aware of the benefits of nutritional and health products. The usage of pea proteins has rapidly evolved in the past years, which has contributed significantly to the food & beverage, pet food, feed, textile, and pharmaceutical industrial applications. Furthermore, the rise in vegan population, popularity of plant-based foods and gluten-free products and nutritional benefits of pea-based products are key factors for popularity of pea protein.
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 29)
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
FIGURE 1 MARKET SEGMENTATION
TABLE 1 INCLUSIONS AND EXCLUSIONS
1.4 REGIONAL SEGMENTATION
1.5 PERIODIZATION CONSIDERED
1.6 CURRENCY CONSIDERED
1.7 UNITS CONSIDERED
1.8 STAKEHOLDERS
1.9 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 34)
2.1 RESEARCH DATA
FIGURE 2 PEA PROTEIN MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key industry insights
2.1.2.2 Breakdown of primary interviews
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS BY COMPANY TYPE, DESIGNATION, AND REGION
2.2 MARKET SIZE ESTIMATION
FIGURE 4 PEA PROTEIN MARKET SIZE ESTIMATION, BY TYPE– SUPPLY SIDE
FIGURE 5 MARKET SIZE ESTIMATION – DEMAND SIDE
2.2.1 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
FIGURE 6 PEA PROTEIN MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
2.2.2 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
FIGURE 7 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
2.3 DATA TRIANGULATION
FIGURE 8 DATA TRIANGULATION
2.4 ASSUMPTIONS FOR THE STUDY
2.5 RESEARCH LIMITATIONS & ASSOCIATED RISKS
2.6 MARKET SCENARIOS CONSIDERED FOR THE IMPACT OF COVID-19
2.6.1 SCENARIO-BASED MODELLING
2.7 INTRODUCTION TO COVID-19
2.8 COVID-19 HEALTH ASSESSMENT
FIGURE 9 COVID-19: THE GLOBAL PROPAGATION
FIGURE 10 COVID-19 PROPAGATION: SELECT COUNTRIES
2.9 COVID-19 ECONOMIC ASSESSMENT
FIGURE 11 REVISED GDP FORECASTS FOR SELECT G20 COUNTRIES IN 2020
2.9.1 COVID-19 ECONOMIC IMPACT—SCENARIO ASSESSMENT
FIGURE 12 CRITERIA IMPACTING THE GLOBAL ECONOMY
FIGURE 13 SCENARIOS IN TERMS OF RECOVERY OF THE GLOBAL ECONOMY
3 EXECUTIVE SUMMARY (Page No. - 50)
TABLE 2 PEA PROTEIN MARKET SNAPSHOT, 2022 VS. 2027
FIGURE 14 PEA PROTEIN MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION)
FIGURE 15 MARKET FOR PEA PROTEIN, BY FORM, 2022 VS 2027 (USD MILLION)
FIGURE 16 MARKET FOR PEA PROTEIN, BY SOURCE, 2022 VS 2027 (USD MILLION)
FIGURE 17 MARKET FOR PEA PROTEIN, BY APPLICATION, 2022 VS 2027 (USD MILLION)
FIGURE 18 PEA PROTEIN MARKET: REGIONAL SNAPSHOT
4 PREMIUM INSIGHTS (Page No. - 55)
4.1 ATTRACTIVE OPPORTUNITIES IN THE PEA PROTEIN MARKET
FIGURE 19 LACK OF ALLERGEN PROPERTIES IS AIDING THE GROWTH OF PEA IN TERMS OF CONSUMER ACCEPTABILITY AGAINST CONVENTIONAL PLANT-BASED PROTEINS
4.2 MARKET FOR PEA PROTEIN, BY REGION
FIGURE 20 EUROPE TO DOMINATE THE PEA PROTEIN MARKET FROM 2022 TO 2027 (USD MILLION)
FIGURE 21 NORTH AMERICA TO GROW AT THE HIGHEST CAGR FROM 2022 TO 2027 (TONS)
4.3 PEA PROTEIN MARKET, BY TYPE
FIGURE 22 PEA PROTEIN ISOLATES TO BE THE LARGEST THROUGHOUT THE FORECAST PERIOD (USD MILLION)
FIGURE 23 TEXTURED PEA PROTEIN IS PROJECTED TO GROW AT THE HIGHEST CAGR THROUGHOUT THE FORECAST PERIOD (TONS)
4.4 MARKET FOR PEA PROTEIN, BY SOURCE
FIGURE 24 YELLOW SPLIT PEA IS ESTIMATED TO BE THE LARGEST SEGMENT DURING THE FORECAST 2022 TO 2027 (USD MILLION)
4.5 MARKET FOR PEA PROTEIN, BY FORM
FIGURE 25 DRY PEA PROTEIN TO BE THE LARGER SEGMENT THROUGHOUT THE FORECAST PERIOD (USD MILLION)
FIGURE 26 DRY PEA PROTEIN TO GROW AT THE HIGHEST CAGR THROUGHOUT THE FORECAST PERIOD (TONS)
4.6MARKET FOR PEA PROTEIN, BY APPLICATION
FIGURE 27 PEA PROTEIN IN FOOD APPLICATION TO BE THE LARGEST THROUGHOUT THE FORECAST PERIOD (USD MILLION)
FIGURE 28 PEA PROTEIN IN BEVERAGES TO GROW AT THE HIGHEST CAGR THROUGHOUT THE FORECAST PERIOD (TONS)
4.7 EUROPE: MARKET FOR PEA PROTEIN, BY TYPE & KEY COUNTRY
FIGURE 29 ISOLATES ACCOUNTED FOR THE LARGEST SHARE OF THE EUROPEAN PEA PROTEIN MARKET IN 2021
FIGURE 30 MARKETS IN CANADA, THE US, MEXICO, AND THE UK ARE PROJECTED TO GROW AT THE HIGHEST RATES DURING THE FORECAST PERIOD
5 MARKET OVERVIEW (Page No. - 62)
5.1 INTRODUCTION
FIGURE 31 GLOBAL CHICKPEA AND GREEN PEA PRODUCTION, 2016-2020 (MILLION TONNES)
5.2 MARKET DYNAMICS
FIGURE 32 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Growing vegan population and popularity of plant-based products
FIGURE 33 TOP FIVE COUNTRIES WITH HIGHEST INTEREST RATES OF VEGANISM AMONGST POPULATIONS, 2020
5.2.1.2 Advancements in extraction and processing technologies
FIGURE 34 GLOBAL RISE IN PATENTS GRANTED FOR NEW PEA PROTEIN EXTRACTION PROCESSES, 2016-2020
FIGURE 35 TOP APPLICANT COMPANIES FOR NEW PEA PROTEIN EXTRACTION TECHNOLOGIES, 2016-2020
5.2.1.3 Growing consumer awareness about nutritional benefits offered by pea and pea-based products
5.2.1.4 Increase in demand for gluten-free food products
5.2.2 RESTRAINTS
5.2.2.1 High cost of raw material
5.2.2.2 Low processing outputs result in limited supply to manufacturers
FIGURE 36 PEA EXTRACTION: INDUSTRIAL PROCESS
FIGURE 37 PEA EXTRACTION: PILOT PROCESS
5.2.3 OPPORTUNITIES
5.2.3.1 Increasing focus on innovation and developments of better pea protein extracts & products in global markets
5.2.3.2 Lack of allergen properties helping acceptability against conventional plant-based proteins
TABLE 3 PROTEIN SOURCES: COMPARISON
5.2.3.3 Advancements in texture properties supporting adoption in baking and meat processing ingredients
5.2.3.4 Rise in demand from the pet food industry
5.2.4 CHALLENGES
5.2.4.1 Supply constraints due to unstable production of peas hampering growth prospects
6 INDUSTRY TRENDS (Page No. - 71)
6.1 SUPPLY CHAIN ANALYSIS
FIGURE 38 IMPORTANCE OF MANUFACTURING STEPS IN THE SUPPLY CHAIN OF PEA PROTEINS DUE TO HIGH TECHNICALITIES
6.1.1 SMOOTH PROCUREMENT OF RAW MATERIALS
6.1.2 APT DISTRIBUTION CHANNEL TO REDUCE DEMAND-SUPPLY GAP
6.2 VALUE CHAIN ANALYSIS
FIGURE 39 RESEARCH & DEVELOPMENT AND RAW MATERIAL SOURCING OF PEA PROTEIN CONTRIBUTE TO OVERALL VALUE
6.3 PATENT ANALYSIS
FIGURE 40 NUMBER OF PATENTS GRANTED BETWEEN 2018 AND 2021
FIGURE 41 TOP 10 INVESTORS WITH THE HIGHEST NUMBER OF PATENT DOCUMENTS
FIGURE 42 KEY APPLICANT COUNTRIES WITH PEA PROTEIN PATENTS, 2018-2022
TABLE 4 SOME PATENTS PERTAINING TO PEA PROTEINS, 2020-2021
6.4 REGULATORY FRAMEWORK
TABLE 5 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 6 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 7 ASIA-PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
6.5 PEA PROTEINS MARKET ECOSYSTEM/MARKET MAP
FIGURE 43 MARKET ECOSYSTEM
FIGURE 44 MARKET MAP
TABLE 8 PEA PROTEINS MARKET: SUPPLY CHAIN (ECOSYSTEM)
6.6 TRENDS/DISRUPTIONS IMPACTING BUYERS/ FOR PEA PROTEIN MARKET
FIGURE 45 TRENDS/DISRUPTIONS IMPACTING BUYERS/ FOR PEA PROTEIN MARKET
6.7 TECHNOLOGY ANALYSIS
6.7.1 FERMENTATION METHOD
6.8 PORTER’S FIVE FORCES ANALYSIS
TABLE 9 PEA PROTEINS MARKET: PORTER’S FIVE FORCES ANALYSIS
6.8.1 THREAT OF NEW ENTRANTS
6.8.2 THREAT OF SUBSTITUTES
6.8.3 BARGAINING POWER OF SUPPLIERS
6.8.4 BARGAINING POWER OF BUYERS
6.8.5 DEGREE OF COMPETITION
6.9 TRADE DATA ANALYSIS
TABLE 10 EXPORT DATA OF PEAS FOR KEY COUNTRIES, 2019 (VALUE AND VOLUME)
TABLE 11 IMPORT DATA OF PEAS FOR KEY COUNTRIES, 2019 (VALUE AND VOLUME)
6.10 PRICING ANALYSIS
6.10.1 INTRODUCTION
FIGURE 46 PRICING ANALYSIS: PEA PROTEIN MARKET, BY REGION, 2017-2021 (USD PER/KG)
FIGURE 47 PRICING ANALYSIS:MARKET, BY TYPE, 2017-2021 (USD PER/KG)
FIGURE 48 PRICING ANALYSIS: MARKET, BY FORM, 2017-2021 (USD PER/KG)
FIGURE 49 PRICING ANALYSIS: MARKET, BY APPLICATION, 2017-2021 (USD PER/KG)
FIGURE 50 PRICING ANALYSIS: MARKET FOR PEA PROTEIN, BY FOOD APPLICATION, 2017-2021 (USD PER/KG)
6.11 PRICING FACTORS IMPACTING THE PEA PROTEINS MARKET
6.11.1 RAW MATERIAL VARIETIES AND CLIMATE CONDITIONS
6.11.2 FAVOURABLE CLIMATIC CONDITIONS TO PRODUCE BASE MATERIAL
6.11.3 DEMAND AND SUPPLY FACTORS
6.11.4 MANUFACTURING COST
6.11.5 LOGISTIC COST
6.11.6 REGULATORY REFORMS
6.11.7 NATURE OF COMPETITION IN THE MARKET
6.11.8 ECONOMIC CONDITION
6.11.9 PRODUCT LIFE CYCLE
6.12 CASE STUDY ANALYSIS: THE PEA PROTEINS MARKET
TABLE 12 ROQUETTE FRERES: CONSTRUCTING NEW PROTEIN PLANT
TABLE 13 INGREDION INCORPORATED: DEVELOPING INGREDIENTS FOR NEW RECIPES
7 PEA PROTEIN MARKET: A COMPARATIVE ANALYSIS WITH ALTERNATIVE PROTEIN SOURCES (Page No. - 95)
7.1 WHAT IS A PEA PROTEIN?
FIGURE 51 MAJOR HIGHLIGHTS IN THE PEA PROTEIN INDUSTRY
7.2 PROTEIN CONSUMPTION, BY SOURCE, 2018
FIGURE 52 GROWING VEGAN POPULATION AND SUSTAINABLE PROTEIN SOURCES’ DEMAND TO DRIVE PLANT-BASED PROTEIN ALTERNATIVES
FIGURE 53 PEA PROTEIN: COMPREHENSIVE PROFILE
FIGURE 54 SOY PROTEIN: COMPREHENSIVE PROFILE
FIGURE 55 INSECT PROTEIN: COMPREHENSIVE PROFILE
FIGURE 56 MYCOPROTEIN: COMPREHENSIVE PROFILE
FIGURE 57 CULTURED MEAT: COMPREHENSIVE PROFILE
FIGURE 58 WHEY PROTEIN: COMPREHENSIVE PROFILE
7.2.1 WHAT IS THE NEED FOR INNOVATION IN THE PEA PROTEIN INDUSTRY?
7.2.2 COMPARATIVE ANALYSIS OF PROFILES OF KEY PLANT PROTEIN PRODUCTS
7.3 WHAT IS NEEDED TO EXCEL IN THE PEA PROTEIN INDUSTRY?
7.3.1 KEY SUCCESS ENABLERS
FIGURE 59 RENEWED BUSINESS MODELS AND REVISED STRATEGIES TO LEAD THE MARKET IN A NEW DIRECTION
7.3.2 CONCLUSION
8 PEA PROTEIN MARKET, BY TYPE (Page No. - 103)
8.1 INTRODUCTION
FIGURE 60 COUNTRY- AND CATEGORY-WISE PEA PROTEIN PATENTS APPLIED BETWEEN 2017 AND 2021
FIGURE 61 PEA PROTEIN MARKET SIZE, BY TYPE, 2022 VS. 2027 (USD MILLION)
TABLE 14 MARKET FOR PEA PROTEIN, BY TYPE, 2017–2020 (USD MILLION)
TABLE 15 MARKET FOR PEA PROTEIN, BY TYPE, 2021–2027 (USD MILLION)
TABLE 16 MARKET FOR PEA PROTEIN, BY TYPE, 2017–2020 (TONS)
TABLE 17 MARKET FOR PEA PROTEIN, BY TYPE, 2021–2027 (TONS)
8.2 ISOLATES
8.2.1 GROWING INNOVATIONS IN THE SECTOR FOR THE DEVELOPMENT OF NEWER HIGH-QUALITY PROTEIN ISOLATES
TABLE 18 ISOLATES: PEA PROTEIN MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 19 ISOLATES:MARKET, BY REGION, 2021–2027 (USD MILLION)
TABLE 20 ISOLATES: MARKET, BY REGION, 2017–2020 (TONS)
TABLE 21 ISOLATES: MARKET, BY REGION, 2021–2027 (TONS)
8.3 CONCENTRATES
8.3.1 PEA PROTEIN CONCENTRATES HAVE WIDE APPLICATIONS IN SNACKS AND BEVERAGE ITEMS
TABLE 22 CONCENTRATES: PEA PROTEIN MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 23 CONCENTRATES: MARKET, BY REGION, 2021–2027 (USD MILLION)
TABLE 24 CONCENTRATES: MARKET, BY REGION, 2017–2020 (TONS)
TABLE 25 CONCENTRATES: MARKET, BY REGION, 2021–2027 (TONS)
8.4 TEXTURED
8.4.1 TEXTURED PEA PROTEIN HELPS MANUFACTURERS TO MEET THE HIGH DEMAND FOR PLANT-BASED MEAT
TABLE 26 TEXTURED: PEA PROTEIN MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 27 TEXTURED: MARKET, BY REGION, 2021–2027 (USD MILLION)
TABLE 28 TEXTURED: MARKET, BY REGION, 2017–2020 (TONS)
TABLE 29 TEXTURED: MARKET FOR PEA PROTEIN, BY REGION, 2021–2027 (TONS)
9 PEA PROTEIN MARKET, BY SOURCE (Page No. - 112)
9.1 INTRODUCTION
TABLE 30 COMPARISON OF ESSENTIAL AMINO ACID PROFILES IN PEA, SOYBEAN, RICE, AND WHEAT
TABLE 31 CLASSIFICATION OF PEA PROTEIN
TABLE 32 AMINO ACID COMPOSITION OF LENTIL, PEA, AND CHICKPEA
FIGURE 62 MARKET FOR PEA PROTEIN, BY SOURCE, 2022 VS. 2027 (USD MILLION)
TABLE 33 MARKET FOR PEA PROTEIN, BY SOURCE, 2017–2020 (USD MILLION)
TABLE 34 MARKET FOR PEA PROTEIN, BY SOURCE, 2021–2027 (USD MILLION)
9.2 YELLOW SPLIT PEAS
9.2.1 HIGH PRODUCTION RATES AND PROTEIN CONTENT FAVOURING THE DEMAND FOR YELLOW SPLIT PEAS
TABLE 35 PEA PROTEIN MARKET FOR YELLOW SPLIT PEAS, BY REGION, 2017–2020 (USD MILLION)
TABLE 36 MARKET FOR YELLOW SPLIT PEAS, BY REGION, 2021–2027 (USD MILLION)
9.3 CHICKPEAS
9.3.1 IMPROVEMENTS IN TECHNOLOGICAL CAPABILITIES AND INNOVATION DRIVING GROWTH FOR CHICKPEAS IN PEA PROTEIN
FIGURE 63 KEY COUNTRIES WITH CHICKPEA PRODUCTION (MILLION TONNES), 2019
TABLE 37 PEA PROTEIN MARKET FOR CHICKPEAS, BY REGION, 2017–2020 (USD MILLION)
TABLE 38 MARKET FOR CHICKPEAS, BY REGION, 2021–2027 (USD MILLION)
9.4 LENTILS
9.4.1 HIGH PRODUCTION, EASY AVAILABILITY, AND LOWER COSTS DRIVE GLOBAL DEMAND FOR LENTILS
TABLE 39 MARKET FOR LENTILS, BY REGION, 2017–2020 (USD MILLION)
TABLE 40 MARKET FOR LENTILS, BY REGION, 2021–2027 (USD MILLION)
10 PEA PROTEIN MARKET, BY FORM (Page No. - 121)
10.1 INTRODUCTION
FIGURE 64 PEA PROTEIN MARKET SIZE, BY FORM, 2022 VS. 2027 (USD MILLION)
TABLE 41 MARKET SIZE, BY FORM, 2017–2020 (USD MILLION)
TABLE 42 MARKET SIZE, BY FORM, 2021–2027 (USD MILLION)
TABLE 43 MARKET SIZE, BY FORM, 2017–2020 (TONS)
TABLE 44 MARKET SIZE, BY FORM, 2021–2027 (TONS)
10.2 DRY TEXTURED PEA PROTEIN
10.2.1 GROWING DEMAND FOR PLANT-BASED MEAT PRODUCTS AND PEA SNACK PRODUCTS TO SUPPLEMENT THE GROWTH OF DRY TEXTURED PEA PROTEIN
TABLE 45 DRY: PEA PROTEIN MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
TABLE 46 DRY: MARKET SIZE, BY REGION, 2021–2027 (USD MILLION)
TABLE 47 DRY: MARKET SIZE, BY REGION, 2017–2020 (TONS)
TABLE 48 DRY: MARKET SIZE, BY REGION, 2021–2027 (TONS)
10.3 WET TEXTURED PEA PROTEIN
10.3.1 PERFORMANCE NUTRITION APPLICATIONS TO SUPPLEMENT THE GROWTH OF WET TEXTURED PEA PROTEINS
TABLE 49 WET: PEA PROTEIN MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
TABLE 50 WET: MARKET SIZE, BY REGION, 2021–2027 (USD MILLION)
TABLE 51 WET: MARKET SIZE, BY REGION, 2017–2020 (TONS)
TABLE 52 WET: MARKET SIZE, BY REGION, 2021–2027 (TONS)
11 PEA PROTEIN MARKET, BY APPLICATION (Page No. - 128)
11.1 INTRODUCTION
FIGURE 65 PEA PROTEIN MARKET SIZE, BY APPLICATION, 2022 VS. 2027 (USD MILLION)
TABLE 53 MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 54 MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)
TABLE 55 MARKET SIZE, BY APPLICATION, 2017–2020 (TONS)
TABLE 56 MARKET SIZE, BY APPLICATION, 2021–2027 (TONS)
11.2 COVID-19 IMPACT ANALYSIS-APPLICATION
TABLE 57 OPTIMISTIC SCENARIO: COVID-19 IMPACT ANALYSIS OF THE PEA PROTEINS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
TABLE 58 REALISTIC SCENARIO: COVID-19 IMPACT ANALYSIS OF THE PEA PROTEINS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
TABLE 59 PESSIMISTIC SCENARIO: COVID-19 IMPACT ANALYSIS OF THE PEA PROTEINS MARKET, BY APPLICATION, 2017–2021 (USD MILLION)
11.3 FOOD
TABLE 60 PEA PROTEINS MARKET SIZE FOR FOOD, BY REGION, 2017–2020 (USD MILLION)
TABLE 61 PEA PROTEINS MARKET SIZE FOR FOOD, BY REGION, 2021–2027 (USD MILLION)
TABLE 62 PEA PROTEINS MARKET SIZE FOR FOOD, BY REGION, 2017–2020 (TONS)
TABLE 63 PEA PROTEINS MARKET SIZE FOR FOOD, BY REGION, 2021–2027 (TONS)
TABLE 64 FOOD: PEA PROTEINS MARKET SIZE, BY SUB-SEGMENTS, 2017–2020 (USD MILLION)
TABLE 65 FOOD: PEA PROTEINS MARKET SIZE, BY SUB-SEGMENTS, 2021–2027 (USD MILLION)
TABLE 66 FOOD: PEA PROTEINS MARKET SIZE, BY SUB-SEGMENTS, 2017–2020 (TONS)
TABLE 67 FOOD: PEA PROTEINS MARKET SIZE, BY SUB-SEGMENTS, 2021–2027 (TONS)
11.3.1 MEAT SUBSTITUTES
11.3.1.1 Global trends for plant-based meats, veganism, and ethical and sustainable foods is driving the demand for pea protein in meat substitutes
TABLE 68 MEAT SUBSTITUTES: PEA PROTEINS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
TABLE 69 MEAT SUBSTITUTES: PEA PROTEINS MARKET SIZE, BY REGION, 2021–2027 (USD MILLION)
TABLE 70 MEAT SUBSTITUTES: PEA PROTEINS MARKET SIZE, BY REGION, 2017–2020 (TONS)
TABLE 71 MEAT SUBSTITUTES: PEA PROTEINS MARKET SIZE, BY REGION, 2021–2027 (TONS)
11.3.2 PERFORMANCE NUTRITION
11.3.2.1 Increasing cases of lactose intolerance and growing adoption in supplements drive the adoption of pea protein in performance nutrition
TABLE 72 PERFORMANCE NUTRITION: PEA PROTEINS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
TABLE 73 PERFORMANCE NUTRITION: PEA PROTEINS MARKET SIZE, BY REGION, 2021–2027 (USD MILLION)
TABLE 74 PERFORMANCE NUTRITION: PEA PROTEINS MARKET SIZE, BY REGION, 2017–2020 (TONS)
TABLE 75 PERFORMANCE NUTRITION: PEA PROTEINS MARKET SIZE, BY REGION, 2021–2027 (TONS)
11.3.3 FUNCTIONAL FOODS
11.3.3.1 Growing awareness toward the functional benefits of pea protein supports growth in functional foods
TABLE 76 FUNCTIONAL FOODS: PEA PROTEINS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
TABLE 77 FUNCTIONAL FOODS: PEA PROTEINS MARKET SIZE, BY REGION, 2021–2027 (USD MILLION)
TABLE 78 FUNCTIONAL FOODS: PEA PROTEINS MARKET SIZE, BY REGION, 2017–2020 (TONS)
TABLE 79 FUNCTIONAL FOODS: PEA PROTEINS MARKET SIZE, BY REGION, 2021–2027 (TONS)
11.3.4 SNACKS
11.3.4.1 Spike in demand for healthy snacking alternatives amid Covid-19 drives the demand for pea proteins in snacks
TABLE 80 SNACKS: PEA PROTEINS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
TABLE 81 SNACKS: PEA PROTEINS MARKET SIZE, BY REGION, 2021–2027 (USD MILLION)
TABLE 82 SNACKS: PEA PROTEINS MARKET SIZE, BY REGION, 2017–2020 (TONS)
TABLE 83 SNACKS: PEA PROTEINS MARKET SIZE, BY REGION, 2021–2027 (TONS)
11.3.5 BAKERY PRODUCTS
11.3.5.1 Demand for healthy alternatives driving the use of pea protein in baking applications
FIGURE 66 STEADY INCREASE IN GLOBAL TRADE OF BAKERY FOODS, 2016-2020
TABLE 84 BAKERY PRODUCTS: PEA PROTEINS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
TABLE 85 BAKERY PRODUCTS: PEA PROTEINS MARKET SIZE, BY REGION, 2021–2027 (USD MILLION)
TABLE 86 BAKERY PRODUCTS: PEA PROTEINS MARKET SIZE, BY REGION, 2017–2020 (TONS)
TABLE 87 BAKERY PRODUCTS: PEA PROTEINS MARKET SIZE, BY REGION, 2021–2027 (TONS)
11.3.6 CONFECTIONERY
11.3.6.1 Consumer demand for healthier confectionery products led to the introduction of pea protein in ingredient formats
FIGURE 67 GLOBAL INCREASE IN CONFECTIONERY EXPORTS, 2004-2020
TABLE 88 CONFECTIONERY: PEA PROTEINS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
TABLE 89 CONFECTIONERY: PEA PROTEINS MARKET SIZE, BY REGION, 2021–2027 (USD MILLION)
TABLE 90 CONFECTIONERY: PEA PROTEINS MARKET SIZE, BY REGION, 2017–2020 (TONS)
TABLE 91 CONFECTIONERY: PEA PROTEINS MARKET SIZE, BY REGION, 2021–2027 (TONS)
11.3.7 OTHER FOOD APPLICATIONS
TABLE 92 OTHER FOOD APPLICATIONS: PEA PROTEINS MARKET SIZE, BY REGION, 2017–2020 (USD MILLION)
TABLE 93 OTHER FOOD APPLICATIONS: PEA PROTEINS MARKET SIZE, BY REGION, 2021–2027 (USD MILLION)
TABLE 94 OTHER FOOD APPLICATIONS: PEA PROTEINS MARKET SIZE, BY REGION, 2017–2020 (TONS)
TABLE 95 OTHER FOOD APPLICATIONS: PEA PROTEINS MARKET SIZE, BY REGION, 2021–2027 (TONS)
11.4 BEVERAGES
11.4.1 EASY SOLUBILITY AND ADOPTION IN PLANT-BASED BEVERAGES TO SUPPORT PEA PROTEIN GROWTH
TABLE 96 PEA PROTEINS MARKET SIZE FOR BEVERAGES, BY REGION, 2017–2020 (USD MILLION)
TABLE 97 PEA PROTEINS MARKET SIZE FOR BEVERAGES, BY REGION, 2021–2027 (USD MILLION)
TABLE 98 PEA PROTEINS MARKET SIZE FOR BEVERAGES, BY REGION, 2017–2020 (TONS)
TABLE 99 PEA PROTEINS MARKET SIZE FOR BEVERAGES, BY REGION, 2021–2027 (TONS)
11.5 OTHER APPLICATIONS
11.5.1 BENEFITS OF PEA PROTEINS ON ANIMAL HEALTH AND WELLBEING TO DRIVE THE DEMAND
TABLE 100 PEA PROTEINS MARKET SIZE FOR OTHER APPLICATIONS, BY REGION, 2017–2020 (USD MILLION)
TABLE 101 PEA PROTEINS MARKET SIZE FOR OTHER APPLICATIONS, BY REGION, 2021–2027 (USD MILLION)
TABLE 102 PEA PROTEINS MARKET SIZE FOR OTHER APPLICATIONS, BY REGION, 2017–2020 (TONS)
TABLE 103 PEA PROTEINS MARKET SIZE FOR OTHER APPLICATIONS, BY REGION, 2021–2027 (TONS)
12 PEA PROTEIN MARKET, BY REGION (Page No. - 156)
12.1 INTRODUCTION
FIGURE 68 NORTH AMERICA IS EXPECTED TO RECORD THE FASTEST GROWTH IN THE PEA PROTEIN MARKET
TABLE 104 MARKET FOR PEA PROTEIN, BY REGION, 2017–2020 (USD MILLION)
TABLE 105 MARKET FOR PEA PROTEIN, BY REGION, 2021–2027 (USD MILLION)
TABLE 106 MARKET FOR PEA PROTEIN, BY REGION, 2017–2020 (TONS)
TABLE 107 MARKET FOR PEA PROTEIN, BY REGION, 2021–2027 (TONS)
12.1.1 COVID-19 IMPACT ANALYSIS- REGION
TABLE 108 OPTIMISTIC SCENARIO: COVID-19 IMPACT ANALYSIS OF THE PEA PROTEINS MARKET, BY REGION, 2017–2021 (USD MILLION)
TABLE 109 REALISTIC SCENARIO: COVID-19 IMPACT ANALYSIS OF THE PEA PROTEINS MARKET, BY REGION, 2017–2021 (USD MILLION)
TABLE 110 PESSIMISTIC SCENARIO: COVID-19 IMPACT ANALYSIS OF THE PEA PROTEINS MARKET, BY REGION, 2017–2021 (USD MILLION)
12.2 NORTH AMERICA
FIGURE 69 SHARE OF DEATHS ATTRIBUTED TO OBESITY IN NORTH AMERICA, 2019 (%)
FIGURE 70 REGIONAL SNAPSHOT: NORTH AMERICA
TABLE 111 NORTH AMERICA: PEA PROTEIN MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 112 NORTH AMERICA: MARKET, BY COUNTRY, 2021–2027 (USD MILLION)
TABLE 113 NORTH AMERICA: MARKET, BY COUNTRY, 2017–2020 (TONS)
TABLE 114 NORTH AMERICA: MARKET, BY COUNTRY, 2021–2027 (TONS)
TABLE 115 NORTH AMERICA: MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 116 NORTH AMERICA: MARKET, BY TYPE, 2021–2027 (USD MILLION)
TABLE 117 NORTH AMERICA: MARKET, BY TYPE, 2017–2020 (TONS)
TABLE 118 NORTH AMERICA: MARKET FOR PEA PROTEIN, BY TYPE, 2021–2027 (TONS)
TABLE 119 NORTH AMERICA: PEA PROTEIN ISOLATES MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 120 NORTH AMERICA: PEA PROTEIN ISOLATES MARKET, BY COUNTRY, 2021–2027 (USD MILLION)
TABLE 121 NORTH AMERICA: PEA PROTEIN CONCENTRATES MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 122 NORTH AMERICA: PEA PROTEIN CONCENTRATES MARKET, BY COUNTRY, 2021–2027 (USD MILLION)
TABLE 123 NORTH AMERICA: TEXTURED PEA PROTEIN MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 124 NORTH AMERICA: TEXTURED PEA PROTEIN MARKET, BY COUNTRY, 2021–2027 (USD MILLION)
TABLE 125 NORTH AMERICA: PEA PROTEIN MARKET, BY FORM, 2017–2020 (USD MILLION)
TABLE 126 NORTH AMERICA: MARKET, BY FORM, 2021–2027 (USD MILLION)
TABLE 127 NORTH AMERICA: MARKET, BY FORM, 2017–2020 (TONS)
TABLE 128 NORTH AMERICA: MARKET, BY FORM, 2021–2027 (TONS)
TABLE 129 NORTH AMERICA: MARKET, BY SOURCE, 2017–2020 (USD MILLION)
TABLE 130 NORTH AMERICA: MARKET, BY SOURCE, 2021–2027 (USD MILLION)
TABLE 131 NORTH AMERICA: MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 132 NORTH AMERICA: MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
TABLE 133 NORTH AMERICA: MARKET, BY APPLICATION, 2017–2020 (TONS)
TABLE 134 NORTH AMERICA: MARKET, BY APPLICATION, 2021–2027 (TONS)
TABLE 135 NORTH AMERICA: MARKET, BY FOOD APPLICATION, 2017–2020 (USD MILLION)
TABLE 136 NORTH AMERICA: MARKET, BY FOOD APPLICATION, 2021–2027 (USD MILLION)
TABLE 137 NORTH AMERICA: MARKET, BY FOOD APPLICATION, 2017–2020 (TONS)
TABLE 138 NORTH AMERICA: MARKET FOR PEA PROTEIN, BY FOOD APPLICATION, 2021–2027 (TONS)
12.2.1 US
12.2.1.1 High growth of veganism and rising concerns about food sustainability driving pea protein demand
TABLE 139 US: PEA PROTEIN MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 140 US: MARKET, BY TYPE, 2021–2027 (USD MILLION)
12.2.2 CANADA
12.2.2.1 Fast growth and expansion in the market driven by high production volumes of dry pea
FIGURE 71 GROWING PEA PRODUCTION IN CANADA, 2017-2020 (KT)
TABLE 141 CANADA: PEA PROTEIN MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 142 CANADA: MARKET, BY TYPE, 2021–2027 (USD MILLION)
12.2.3 MEXICO
12.2.3.1 Evolving consumer preferences and plant-based trends driving the market
TABLE 143 MEXICO: MARKET FOR PEA PROTEIN, BY TYPE, 2017–2020 (USD MILLION)
TABLE 144 MEXICO: MARKET, BY TYPE, 2021–2027 (USD MILLION)
12.3 EUROPE
FIGURE 72 GREENHOUSE GAS EMISSIONS FROM AVERAGE FOOD CONSUMPTION
FIGURE 73 REGIONAL SNAPSHOT: EUROPE
TABLE 145 EUROPE: PEA PROTEIN MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 146 EUROPE: MARKET SIZE, BY COUNTRY, 2021–2027 (USD MILLION)
TABLE 147 EUROPE: MARKET SIZE, BY COUNTRY, 2017–2020 (TONS)
TABLE 148 EUROPE: MARKET SIZE, BY COUNTRY, 2021–2027 (TONS)
TABLE 149 EUROPE: MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 150 EUROPE: MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
TABLE 151 EUROPE:MARKET SIZE, BY TYPE, 2017–2020 (TONS)
TABLE 152 EUROPE:MARKET SIZE, BY TYPE, 2021–2027 (TONS)
TABLE 153 EUROPE: PEA PROTEIN ISOLATES MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 154 EUROPE: PEA PROTEIN ISOLATES MARKET SIZE, BY COUNTRY, 2021–2027 (USD MILLION)
TABLE 155 EUROPE: PEA PROTEIN CONCENTRATES MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 156 EUROPE: PEA PROTEIN CONCENTRATES MARKET SIZE, BY COUNTRY, 2021–2027 (USD MILLION)
TABLE 157 EUROPE: TEXTURED PEA PROTEIN MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 158 EUROPE: TEXTURED PEA PROTEIN MARKET SIZE, BY COUNTRY, 2021–2027 (USD MILLION)
TABLE 159 EUROPE: PEA PROTEIN MARKET SIZE, BY FORM, 2017–2020 (USD MILLION)
TABLE 160 EUROPE: MARKET SIZE, BY FORM, 2021–2027 (USD MILLION)
TABLE 161 EUROPE: MARKET SIZE, BY FORM, 2017–2020 (TONS)
TABLE 162 EUROPE: MARKET SIZE, BY FORM, 2021–2027 (TONS)
TABLE 163 EUROPE: MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION)
TABLE 164 EUROPE: MARKET SIZE, BY SOURCE, 2021–2027 (USD MILLION)
TABLE 165 EUROPE: MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 166 EUROPE: MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)
TABLE 167 EUROPE: MARKET SIZE, BY APPLICATION, 2017–2020 (TONS)
TABLE 168 EUROPE: MARKET SIZE, BY APPLICATION, 2021–2027 (TONS)
TABLE 169 EUROPE: MARKET SIZE, BY FOOD APPLICATION, 2017–2020 (USD MILLION)
TABLE 170 EUROPE: MARKET SIZE, BY FOOD APPLICATION, 2021–2027 (USD MILLION)
TABLE 171 EUROPE: MARKET SIZE, BY FOOD APPLICATION, 2017–2020 (TONS)
TABLE 172 EUROPE: PEA PROTEIN MARKET SIZE, BY FOOD APPLICATION, 2021–2027 (TONS)
12.3.1 FRANCE
12.3.1.1 Rise in consumption of health contributing functional foods and strong production capacities driving the pea protein market
TABLE 173 FRANCE: PEA PROTEIN MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 174 FRANCE: MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
12.3.2 DENMARK
12.3.2.1 Investments and production facilities to contribute to pea protein growth in Denmark
TABLE 175 DENMARK: PEA PROTEIN MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 176 DENMARK: MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
12.3.3 GERMANY
12.3.3.1 Strong increasing veganism trend to drive the demand for pea proteins in Germany
FIGURE 74 GERMANY: HIGHEST CONSUMED PLANT-BASED FOOD PRODUCT BRANDS, 2019
TABLE 177 GERMANY: PEA PROTEIN MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 178 GERMANY: MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
12.3.4 UK
12.3.4.1 Consumer focus upon sustainability and high consumption of plant-based food alternatives in the UK propelling the market growth
TABLE 179 UK: PEA PROTEIN MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 180 UK: MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
12.3.5 SPAIN
12.3.5.1 Strong agricultural outputs and changing consumer preferences to drive pea protein consumption in Spain
TABLE 181 SPAIN: PEA PROTEIN MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 182 SPAIN: MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
12.3.6 THE NETHERLANDS
12.3.6.1 Government support and rising health issue amongst consumers to drive the growth of the pea protein market in the Netherlands
TABLE 183 NETHERLANDS: PEA PROTEIN MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 184 NETHERLANDS: MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
12.3.7 ITALY
12.3.7.1 Strong competition from conventional protein sources to drive the demand for pea protein in Italy
TABLE 185 ITALY: PEA PROTEIN MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 186 ITALY: MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
12.3.8 FINLAND
12.3.8.1 Vegan trends and increasing manufacturer presence to drive the pea protein market in Finland
TABLE 187 FINLAND: PEA PROTEIN MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 188 FINLAND: MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
12.3.9 REST OF EUROPE
TABLE 189 REST OF EUROPE: PEA PROTEIN MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 190 REST OF EUROPE:MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
12.4 ASIA PACIFIC
TABLE 191 ASIA PACIFIC: PEA PROTEIN MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 192 ASIA PACIFIC: MARKET SIZE, BY COUNTRY, 2021–2027 (USD MILLION)
TABLE 193 ASIA PACIFIC: MARKET SIZE, BY COUNTRY, 2017–2020 (TONS)
TABLE 194 ASIA PACIFIC: MARKET SIZE, BY COUNTRY, 2021–2027 (TONS)
TABLE 195 ASIA PACIFIC: MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 196 ASIA PACIFIC: MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
TABLE 197 ASIA PACIFIC: MARKET SIZE, BY TYPE, 2017–2020 (TONS)
TABLE 198 ASIA PACIFIC: PEA PROTEIN MARKET SIZE, BY TYPE, 2021–2027 (TONS)
TABLE 199 ASIA PACIFIC: PEA PROTEIN ISOLATES MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 200 ASIA PACIFIC: PEA PROTEIN ISOLATES MARKET SIZE, BY COUNTRY, 2021–2027 (USD MILLION)
TABLE 201 ASIA PACIFIC: PEA PROTEIN CONCENTRATES MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 202 ASIA PACIFIC: PEA PROTEIN CONCENTRATES MARKET SIZE, BY COUNTRY, 2021–2027 (USD MILLION)
TABLE 203 ASIA PACIFIC: TEXTURED PEA PROTEIN MARKET SIZE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 204 ASIA PACIFIC: TEXTURED PEA PROTEIN MARKET SIZE, BY COUNTRY, 2021–2027 (USD MILLION)
TABLE 205 ASIA PACIFIC: PEA PROTEIN MARKET SIZE, BY FORM, 2017–2020 (USD MILLION)
TABLE 206 ASIA PACIFIC: MARKET SIZE, BY FORM, 2021–2027 (USD MILLION)
TABLE 207 ASIA PACIFIC: MARKET SIZE, BY FORM, 2017–2020 (TONS)
TABLE 208 ASIA PACIFIC: MARKET SIZE, BY FORM, 2021–2027 (TONS)
TABLE 209 ASIA PACIFIC: MARKET SIZE, BY SOURCE, 2017–2020 (USD MILLION)
TABLE 210 NORTH AMERICA: PEA PROTEIN MARKET SIZE, BY SOURCE, 2021–2027 (USD MILLION)
TABLE 211 ASIA PACIFIC: PEA PROTEIN MARKET SIZE, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 212 ASIA PACIFIC: MARKET SIZE, BY APPLICATION, 2021–2027 (USD MILLION)
TABLE 213 ASIA PACIFIC: MARKET SIZE, BY APPLICATION, 2017–2020 (TONS)
TABLE 214 ASIA PACIFIC: MARKET SIZE, BY APPLICATION, 2021–2027 (TONS)
TABLE 215 ASIA PACIFIC: MARKET SIZE, BY FOOD APPLICATION, 2017–2020 (USD MILLION)
TABLE 216 ASIA PACIFIC: MARKET SIZE, BY FOOD APPLICATION, 2021–2027 (USD MILLION)
TABLE 217 ASIA PACIFIC: MARKET SIZE, BY FOOD APPLICATION, 2017–2020 (TONS)
TABLE 218 ASIA PACIFIC: MARKET SIZE, BY FOOD APPLICATION, 2021–2027 (TONS)
12.4.1 CHINA
12.4.1.1 Rise in demand for meat protein substitutes driving the market in China
TABLE 219 CHINA: PEA PROTEIN MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 220 CHINA: MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
12.4.2 INDIA
12.4.2.1 Fast growth of food startups in the plant-based food products segment is estimated to drive demand for pea protein
TABLE 221 INDIA: PEA PROTEIN MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 222 INDIA: MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
12.4.3 JAPAN
12.4.3.1 The increasing vegan culture has led the country to be a lucrative market for pea protein
TABLE 223 JAPAN: PEA PROTEIN MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 224 JAPAN: MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
12.4.4 AUSTRALIA & NEW ZEALAND
12.4.4.1 Rising environmental concerns are making the plant-based food segment in Australia & New Zealand grow at a faster speed
TABLE 225 AUSTRALIA & NEW ZEALAND: PEA PROTEIN MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 226 AUSTRALIA & NEW ZEALAND: MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
12.4.5 REST OF ASIA PACIFIC
TABLE 227 REST OF ASIA PACIFIC: PEA PROTEIN MARKET SIZE, BY TYPE, 2017–2020 (USD MILLION)
TABLE 228 REST OF ASIA PACIFIC: MARKET SIZE, BY TYPE, 2021–2027 (USD MILLION)
12.5 SOUTH AMERICA
TABLE 229 SOUTH AMERICA: PEA PROTEIN MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 230 SOUTH AMERICA: MARKET, BY COUNTRY, 2021–2027 (USD MILLION)
TABLE 231 SOUTH AMERICA: MARKET, BY COUNTRY, 2017–2020 (TONS)
TABLE 232 SOUTH AMERICA: MARKET, BY COUNTRY, 2021–2027 (TONS)
TABLE 233 SOUTH AMERICA: MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 234 SOUTH AMERICA: MARKET, BY TYPE, 2021–2027 (USD MILLION)
TABLE 235 SOUTH AMERICA: MARKET, BY TYPE, 2017–2020 (TONS)
TABLE 236 SOUTH AMERICA: MARKET FOR PEA PROTEIN, BY TYPE, 2021–2027 (TONS)
TABLE 237 SOUTH AMERICA: PEA PROTEIN ISOLATES MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 238 SOUTH AMERICA: PEA PROTEIN ISOLATES MARKET, BY COUNTRY, 2021–2027 (USD MILLION)
TABLE 239 SOUTH AMERICA: PEA PROTEIN CONCENTRATES MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 240 SOUTH AMERICA: PEA PROTEIN CONCENTRATES MARKET, BY COUNTRY, 2021–2027 (USD MILLION)
TABLE 241 SOUTH AMERICA: TEXTURED PEA PROTEIN MARKET, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 242 SOUTH AMERICA: TEXTURED PEA PROTEIN MARKET, BY COUNTRY, 2021–2027 (USD MILLION)
TABLE 243 SOUTH AMERICA: PEA PROTEIN MARKET, BY FORM, 2017–2020 (USD MILLION)
TABLE 244 SOUTH AMERICA: MARKET, BY FORM, 2021–2027 (USD MILLION)
TABLE 245 SOUTH AMERICA: MARKET, BY FORM, 2017–2020 (TONS)
TABLE 246 SOUTH AMERICA: MARKET, BY FORM, 2021–2027 (TONS)
TABLE 247 SOUTH AMERICA: MARKET, BY SOURCE, 2017–2020 (USD MILLION)
TABLE 248 SOUTH AMERICA: MARKET, BY SOURCE, 2021–2027 (USD MILLION)
TABLE 249 SOUTH AMERICA: MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 250 SOUTH AMERICA: MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
TABLE 251 SOUTH AMERICA: MARKET, BY APPLICATION, 2017–2020 (TONS)
TABLE 252 SOUTH AMERICA: MARKET, BY APPLICATION, 2021–2027 (TONS)
TABLE 253 SOUTH AMERICA: MARKET, BY FOOD APPLICATION, 2017–2020 (USD MILLION)
TABLE 254 SOUTH AMERICA: MARKET, BY FOOD APPLICATION, 2021–2027 (USD MILLION)
TABLE 255 SOUTH AMERICA: MARKET, BY FOOD APPLICATION, 2017–2020 (TONS)
TABLE 256 SOUTH AMERICA: MARKET FOR PEA PROTEIN, BY FOOD APPLICATION, 2021–2027 (TONS)
12.5.1 BRAZIL
12.5.1.1 High growth of veganism and rising concerns about food sustainability
TABLE 257 BRAZIL: PEA PROTEIN MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 258 BRAZIL: MARKET, BY TYPE, 2021–2027 (USD MILLION)
12.5.2 ARGENTINA
12.5.2.1 Fast growth and expansion in the market driven by high production volumes of dry pea
TABLE 259 ARGENTINA: PEA PROTEIN MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 260 ARGENTINA:MARKET, BY TYPE, 2021–2027 (USD MILLION)
12.5.3 REST OF SOUTH AMERICA
12.5.3.1 Evolving consumer preferences and plant-based trends driving the market
TABLE 261 REST OF SOUTH AMERICA: PEA PROTEIN MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 262 REST OF SOUTH AMERICA: MARKET, BY TYPE, 2021–2027 (USD MILLION)
12.6 REST OF THE WORLD
TABLE 263 REST OF THE WORLD: PEA PROTEIN MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 264 REST OF THE WORLD: MARKET, BY REGION, 2021–2027 (USD MILLION)
TABLE 265 REST OF THE WORLD: MARKET, BY REGION, 2017–2020 (TONS)
TABLE 266 REST OF THE WORLD: MARKET, BY REGION, 2021–2027 (TONS)
TABLE 267 REST OF THE WORLD: MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 268 REST OF THE WORLD: MARKET, BY TYPE, 2021–2027 (USD MILLION)
TABLE 269 REST OF THE WORLD: MARKET, BY TYPE, 2017–2020 (TONS)
TABLE 270 REST OF THE WORLD:MARKET, BY TYPE, 2021–2027 (TONS)
TABLE 271 REST OF THE WORLD: PEA PROTEIN ISOLATES MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 272 REST OF THE WORLD: PEA PROTEIN ISOLATES MARKET, BY REGION, 2021–2027 (USD MILLION)
TABLE 273 REST OF THE WORLD: PEA PROTEIN CONCENTRATES MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 274 REST OF THE WORLD: PEA PROTEIN CONCENTRATES MARKET, BY REGION, 2021–2027 (USD MILLION)
TABLE 275 REST OF THE WORLD: TEXTURED PEA PROTEIN MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 276 REST OF THE WORLD: TEXTURED PEA PROTEIN MARKET, BY REGION, 2021–2027 (USD MILLION)
TABLE 277 REST OF THE WORLD: PEA PROTEIN MARKET, BY FORM, 2017–2020 (USD MILLION)
TABLE 278 REST OF THE WORLD: MARKET, BY FORM, 2021–2027 (USD MILLION)
TABLE 279 REST OF THE WORLD: MARKET, BY FORM, 2017–2020 (TONS)
TABLE 280 REST OF THE WORLD: MARKET, BY FORM, 2021–2027 (TONS)
TABLE 281 REST OF THE WORLD: MARKET, BY SOURCE, 2017–2020 (USD MILLION)
TABLE 282 REST OF THE WORLD: MARKET, BY SOURCE, 2021–2027 (USD MILLION)
TABLE 283 REST OF THE WORLD: MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 284 REST OF THE WORLD: MARKET, BY APPLICATION, 2021–2027 (USD MILLION)
TABLE 285 REST OF THE WORLD: MARKET, BY APPLICATION, 2017–2020 (TONS)
TABLE 286 REST OF THE WORLD: MARKET, BY APPLICATION, 2021–2027 (TONS)
TABLE 287 REST OF THE WORLD: MARKET, BY FOOD APPLICATION, 2017–2020 (USD MILLION)
TABLE 288 REST OF THE WORLD: MARKET, BY FOOD APPLICATION, 2021–2027 (USD MILLION)
TABLE 289 REST OF THE WORLD: MARKET, BY FOOD APPLICATION, 2017–2020 (TONS)
TABLE 290 REST OF THE WORLD: MARKET FOR PEA PROTEIN, BY FOOD APPLICATION, 2021–2027 (TONS)
12.6.1 MIDDLE EAST
12.6.1.1 Increasing sports activities and a positive outlook toward vegan lifestyles of customers propelling the market
TABLE 291 MIDDLE EAST: PEA PROTEIN MARKET, BY TYPE, 2017–2020 (USD MILLION)
TABLE 292 MIDDLE EAST: MARKET, BY TYPE, 2021–2027 (USD MILLION)
12.6.2 AFRICA
12.6.2.1 Easy availability of raw materials and increase in awareness about health benefits associated with a plant-based diet
TABLE 293 AFRICA: MARKET FOR PEA PROTEIN, BY TYPE, 2017–2020 (USD MILLION)
TABLE 294 AFRICA: MARKET, BY TYPE, 2021–2027 (USD MILLION)
13 COMPETITIVE LANDSCAPE (Page No. - 236)
13.1 OVERVIEW
13.2 RANKING OF KEY PLAYERS, 2021
FIGURE 75 ROUQUETTE FRERES LED THE PEA PROTEIN MARKET IN 2021
13.3 KEY PLAYER STRATEGIES
13.4 HISTORICAL REVENUE ANALYSIS OF KEY PLAYERS
FIGURE 76 TOTAL REVENUE ANALYSIS OF KEY PLAYERS IN THE MARKET, 2018–2020 (USD BILLION)
13.5 COVID-19-SPECIFIC COMPANY RESPONSE
13.5.1 ROUQUETTE FRERES
13.5.2 INGREDION INCORPORATED
13.6 COMPANY EVALUATION QUADRANT (KEY PLAYERS)
13.6.1 STARS
13.6.2 EMERGING LEADERS
13.6.3 PERVASIVE PLAYERS
13.6.4 PARTICIPANTS
FIGURE 77 PEA PROTEINS MARKET: COMPANY EVALUATION QUADRANT, 2020 (KEY PLAYERS)
13.7 PRODUCT FOOTPRINT
TABLE 295 COMPANY BY TYPE FOOTPRINT
TABLE 296 COMPANY BY FORM FOOTPRINT
TABLE 297 COMPANY BY MODE OF APPLICATION FOOTPRINT
TABLE 298 COMPANY REGIONAL FOOTPRINT
TABLE 299 PEA PROTEIN NAME: COMPETITIVE BENCHMARKING OF KEY STARTUP/SMES BY KEY SEGMENTS
TABLE 300 PEA PROTEIN NAME: COMPETITIVE BENCHMARKING OF KEY STARTUP/SMES BY GEOGRAPHY
13.8 START-UP/SME EVALUATION QUADRANT (OTHER PLAYERS)
13.8.1 PROGRESSIVE COMPANIES
13.8.2 STARTING BLOCKS
13.8.3 RESPONSIVE COMPANIES
13.8.4 DYNAMIC COMPANIES
FIGURE 78 PEA PROTEINS MARKET: START-UP/SME EVALUATION QUADRANT (OTHER PLAYERS)
13.9 COMPETITIVE SCENARIO
13.9.1 NEW PRODUCT LAUNCHES
TABLE 301 PEA PROTEINS MARKET: NEW PRODUCT LAUNCHES, MAY 2018–JULY 2021
13.9.2 DEALS
TABLE 302 PEA PROTEINS MARKET: DEALS, DECEMBER 2018–DECEMBER 2021
13.9.3 OTHERS
TABLE 303 PEA PROTEINS MARKET: EXPANSIONS, DECEMBER 2018-SEPTEMBER 2021
14 COMPANY PROFILES (Page No. - 251)
(Business overview, Products offered, Recent developments & MnM View)*
14.1 KEY PLAYERS
14.1.1 ROUQUETTE FRERES
TABLE 304 ROUQUETTE FRERES: BUSINESS OVERVIEW
TABLE 305 ROUQUETTE FRERES: PRODUCTS OFFERED
TABLE 306 ROUQUETTE FRERES.: DEALS
TABLE 307 ROUQUETTE FRERES: OTHERS
14.1.2 DUPONT
TABLE 308 DUPONT: BUSINESS OVERVIEW
FIGURE 79 DUPONT: COMPANY SNAPSHOT
TABLE 309 DUPONT: PRODUCTS OFFERED
TABLE 310 DUPONT: DEALS
14.1.3 GLANBIA PLC
TABLE 311 GLANBIA PLC: BUSINESS OVERVIEW
FIGURE 80 GLANBIA PLC: COMPANY SNAPSHOT
TABLE 312 GLANBIA PLC: PRODUCTS OFFERED
TABLE 313 GLANBIA PLC: DEALS
14.1.4 KERRY
TABLE 314 KERRY: BUSINESS OVERVIEW
FIGURE 81 KERRY: COMPANY SNAPSHOT
TABLE 315 KERRY: PRODUCTS OFFERED
TABLE 316 KERRY: DEALS
TABLE 317 KERRY: OTHERS
14.1.5 INGREDION
TABLE 318 INGREDION: BUSINESS OVERVIEW
FIGURE 82 INGREDION: COMPANY SNAPSHOT
TABLE 319 INGREDION: PRODUCTS OFFERED
TABLE 320 INGREDION: NEW PRODUCT LAUNCHES
TABLE 321 INGREDION: DEALS
TABLE 322 INGREDION: OTHERS
14.1.6 PURIS
TABLE 323 PURIS.: BUSINESS OVERVIEW
TABLE 324 PURIS.: PRODUCTS OFFERED
TABLE 325 PURIS.: DEALS
14.1.7 EMSLAND GROUP
TABLE 326 EMSLAND GROUP: BUSINESS OVERVIEW
TABLE 327 EMSLAND GROUP: PRODUCTS OFFERED
TABLE 328 EMSLAND GROUP: DEALS
TABLE 329 EMSLAND GROUP: OTHERS
14.1.8 YANTAI SHUANGTA FOODS CO., LTD.
TABLE 330 YANTAI SHUANGTA FOODS CO., LTD.: BUSINESS OVERVIEW
TABLE 331 YANTAI SHUANGTA FOODS CO., LTD.: PRODUCTS OFFERED
14.1.9 THE SCOULAR COMPANY
TABLE 332 THE SCOULAR COMPANY: BUSINESS OVERVIEW
TABLE 333 THE SCOULAR COMPANY: PRODUCTS OFFERED
TABLE 334 THE SCOULAR COMPANY: OTHERS
14.1.10 BURCON
TABLE 335 BURCON.: BUSINESS OVERVIEW
TABLE 336 BURCON.: PRODUCTS OFFERED
TABLE 337 BURCON.: DEALS
TABLE 338 BURCAN NUTRASCIENCE CORP: OTHERS
14.1.11 SHANDONG JIANYUAN GROUP
TABLE 339 SHANDONG JIANYUAN GROUP: BUSINESS OVERVIEW
TABLE 340 SHANDONG JIANYUAN GROUP: PRODUCTS OFFERED
14.1.12 ET-CHEM
TABLE 341 ET-CHEM: BUSINESS OVERVIEW
TABLE 342 ET-CHEM: PRODUCTS OFFERED
14.1.13 AGT FOOD AND INGREDIENTS
TABLE 343 AGT FOOD AND INGREDIENTS: BUSINESS OVERVIEW
TABLE 344 AGT FOOD AND INGREDIENTS: PRODUCTS OFFERED
14.1.14 THE GREEN LABS LLC
TABLE 345 THE GREEN LABS LLC: BUSINESS OVERVIEW
TABLE 346 THE GREEN LABS LLC: PRODUCTS OFFERED
14.1.15 AXIOM FOODS INC.
TABLE 347 AXIOM FOODS INC: BUSINESS OVERVIEW
TABLE 348 AXIOM FOODS INC: PRODUCTS OFFERED
TABLE 349 AXIOM FOODS INC.: DEALS
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
14.2 OTHERPLAYERS
14.2.1 FENCHEM INC
14.2.2 PROEON
14.2.3 AUSTRADE INC.
14.2.4 INNOVO PRO
14.2.5 CHICKP
15 ADJACENT & RELATED MARKETS (Page No. - 291)
15.1 INTRODUCTION
15.2 LIMITATIONS
15.3 PEA PROCESSED INGREDIENTS MARKET
15.3.1 MARKET DEFINITION
15.3.2 MARKET OVERVIEW
15.3.3 PEA PROCESSED INGREDIENTS MARKET, BY SOURCE
TABLE 350 PEA PROCESSED INGREDIENTS MARKET SIZE, BY SOURCE, 2019–2026 (USD MILLION)
15.3.4 PEA PROCESSED INGREDIENTS MARKET, BY REGION
TABLE 351 PEA PROCESSED INGREDIENTS MARKET SIZE, BY REGION, 2019–2026 (USD MILLION)
TABLE 352 PEA PROCESSED INGREDIENTS MARKET SIZE, BY REGION, 2019–2026 (TONS)
15.4 PLANT-BASED PROTEINS MARKET
15.4.1 LIMITATIONS
15.4.2 MARKET DEFINITION
15.4.3 MARKET OVERVIEW
15.4.4 PLANT-BASED PROTEINS MARKET, BY TYPE
TABLE 353 PLANT-BASED PROTEIN MARKET SHARE, BY TYPE, 2018–2026 (USD MILLION)
15.4.5 PLANT-BASED PROTEINS MARKET, BY REGION
TABLE 354 GLOBAL PLANT-BASED PROTEIN MARKET SIZE, BY REGION, 2018–2026 (USD MILLION)
16 APPENDIX (Page No. - 298)
16.1 DISCUSSION GUIDE
16.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.3 AVAILABLE CUSTOMIZATIONS
16.4 RELATED REPORTS
16.5 AUTHOR DETAILS
The study involved four major steps in estimating the size of the Pea Protein Market. Exhaustive secondary research was done to collect information on the market, as well as the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various sources, such as Pea Protein manufacturers, formulators and blenders, Government and research organizations, Food and Agriculture Organization (FAO), United States Department of Agriculture (USDA), European Food Safety Authority (EFSA), European Association of Specialty Feed Ingredients and their Mixtures (FEFANA), Organization for Economic Co-operation and Development (OECD) were referred to identify and collect information for this study. The secondary sources also include clinical studies and medical journals, press releases, investor presentations of companies, white papers, certified publications, articles by recognized authors and regulatory bodies, trade directories, and paid databases.
Secondary research was mainly conducted to obtain critical information about the industry’s supply chain, the total pool of key players, and market classification & segmentation according to the industry trends to the bottom-most level, and geographical markets. It was also used to obtain information about the key developments from a market-oriented perspective.
Primary Research
The overall market comprises several stakeholders in the supply chain, which include global and regional Pea Proteins products, dealers, as well as manufacturers of Pea Proteins. Primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. The primary interviewees from the demand side include key opinion leaders, regional Pea Protein dealers and manufacturers. The primary sources from the supply side include Pea Protein processing units, research institutions involved in R&D, and key opinion leaders.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches have been used to estimate and validate the total size of the market. These approaches have also been used extensively to estimate the size of various dependent submarkets. The research methodology used to estimate the market size includes the following details:
Top-Down
- Calculations for the market size have been based on the revenues of key companies identified in the market, which dominated the overall market size. This overall market size has been used in the top-down procedure to estimate the sizes of other individual markets (mentioned in the market segmentation) via percentage splits derived using secondary and primary sources.
- All macroeconomic and microeconomic factors affecting the growth of the Pea Proteins market were considered while estimating the market size.
- All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain final quantitative and qualitative data.
- For the calculation of market shares of each market segment, the size of the most appropriate and immediate parent market has been considered for implementing the top-down procedure. The bottom-up procedure has also been implemented for data extracted from secondary research to validate the market sizes obtained for each segment.
Bottom-Up
- With the bottom-up approach, Pea Protein for each type, form, and application were added up to arrive at the global and regional market size and CAGR.
- The pricing analysis was conducted based on types in regions. From this, we derived the market sizes, in terms of volume, for each region and type of Pea Protein.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
- The bottom-up procedure has been employed to arrive at the overall size of the Pea Proteins market from the revenues of key players (companies) and their product share in the market.
- The market share was then estimated for each company to verify the revenue share used earlier in the bottom-up procedure. With the data triangulation procedure and validation of data through primaries, the exact values of the overall parent and each individual market have been determined and confirmed in this study. The data triangulation procedure implemented for this study is explained in the next section.
Global Pea Proteins Market Size: Bottom-Up Approach
Data Triangulation
After arriving at the overall market size from the estimation process explained above, the total market was split into the product type segment and application segment. To estimate the overall Pea Protein and arrive at the exact statistics for all subsegments, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with this, the market size was validated using both the top-down and bottom-up approaches.
Report Objectives
- Determining and projecting the size of the Pea Proteins market, with respect to type, application, end use, and regional markets, over a five-year period, ranging from 2021 to 2027
- Identifying the attractive opportunities in the market by determining the largest and fastest-growing segments across regions
- Providing detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
- Analyzing the micromarkets, with respect to individual growth trends, prospects, and their contribution to the total market
- Identifying and profiling the key players in the Pea Proteins market
- Providing a comparative analysis of market leaders on the basis of the following:
- Product offerings
- Business strategies
- Strengths and weaknesses
- Key financials
- Understanding the competitive landscape and identifying the major growth strategies adopted by players across the key regions
- Analyzing the value chain and products offered across key regions and their impact on the growth of the prominent market players
- Providing insights on key product innovations and investments in the Pea Proteins market
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to the company’s specific scientific needs.
The following customization options are available for the report:
Product Analysis:
- Product Matrix, which gives a detailed comparison of the product portfolio of each company
Geographic Analysis
- Further breakdown of the Rest of Europe market for Pea Proteins into Ukraine and Hungary
- Further breakdown of the Rest of Asia Pacific market for Pea Proteins into Indonesia, Thailand, Vietnam, and Korea
- Further breakdown of the Rest of South America market for Pea Proteins into Chile, Colombia, and Peru
- Further breakdown of other countries in the RoW market for Pea Proteins into Middle Eastern and African countries
Company Information
- Detailed analyses and profiling of additional market players (up to five)
Growth opportunities and latent adjacency in Pea Protein Market
Does this report include a details analysis of the driving factors in the pea protein industry?
What are the key sustainability strategies adopted by leading players operating in the Pea Protein Market?
Hello, I would be pleased to receive some information regarding , What are the new emerging technologies and use cases disrupting the Pea Protein industry?
The report is very interesting, I want to know more about When are the high growth niche segments expected to impact in changing the revenue mix of companies?
Looks Interesting, I want to know more about Who are the key players and innovators in the Pea Protein Market ?
I am specifically looking for, How is the competitive landscape changing in the client ecosystem and impacting their revenue share?
Can I get more details on growth rate of the Pea Protein Market over the next few years?
I am looking for a forecasted demand for pea isolates in the future as well as the corresponding supply ability in the system and projects coming.
I am trying to find some information about the pea protein market in China. I need this information for my startup business. Thanks in advance!
What would be the additional cost for information about local players in the pea protein industry? Also, need a dedicated report on the South America Pea Protein market.
Is the information in this report based on primary data that you have collected? Or is it secondary data from company websites, etc.?
What are the major companies in pea protien market in APAC region?
Which region contributes to the largest market share?
Hello, what potential do you foresee in the market now? Are there any relevant opportunities for such ingredient manufacturers?
I am looking for a study on this market for the South-East Asian region. Is it included in the scope? If yes, which countries are included?
Would like to know which segment is estimated to account for the largest market share in pea protien market?
I am interested in the pea protein market in North America. I think, the most relevant to my research will be TABLE 111. Could you please send a sample and the price quote for this table? Also, I would like to know if you have a graph on the market share of key players in North America?