THE GLOBAL PEA PROTEIN MARKET SIZE
Industry Probe has titled an upcoming report as “Pea Protein Market – Global Industry Dynamics 2019-20, Trends and Forecast, 2021–2028” to its ever-growing database of reports. The report explicates the market for pea protein via a sequence of channels that incorporate data ranging from fundamental information to an unquestionable projection. It further includes all the primary factors that are expected to undergo definite transformation within the market. The data accessible in the report therefore can be used to augment the standing of the company operating in the global pea protein market.
While pea protein powder has long been surpassed by whey protein as the most popular form of protein powder, it has recently gained more popularity as top vegan protein powder, especially since the benefits of a plant-rich or completely plant-based diet have been made known. According to the study, pea protein is just as efficient as whey protein in enhancing body composition and exercise performance, it’s no wonder that more health-conscious people are switching to it as a staple of a high-protein, plant-rich diet. Moreover, pea protein is crammed with antioxidants and nutrients to support weight loss. It is the perfect protein supplement for the vegan diet as well. Depending on the brand of powder, the nutritional value can change imperceptibly. These multiple factors supporting health and wellness are fueling the global pea protein market.
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The pea protein market is gaining its popularity worldwide for its multi-beneficial healthy advantages, especially in the weight loss market. High protein diets support weight loss by speeding up metabolism and decreasing food consumption. Protein supplements like pea protein create heat in the body through the process of digestion known as the thermic effect. As proteins take a lot of energy to digest, a lot of energy is required to digest the meal with high protein which burns a lot of calories. Building a weight loss strategy around lean sources of protein like pea powder makes nutritional sense. Hence, the demand for pea protein is increasing and is anticipated to further rise in the upcoming years.
The global pea protein market is fragmented in nature and is expected to witness increased competition in the coming years, owing to the entry of new players in the global market. Manufacturers are focusing on product innovation and strong marketing, and distribution strategies to meet the increasing demand from consumers across the globe, thereby leading to the overall growth of the market. Key players operating in the global pea protein market are AxiomFoods, Kerry Inc., Rouquette Group, Ingredion, Emsland Group, Puris, FENCHEM, DuPont, Glanbia plc, The Green Labs LLC, A&B Ingredients, The Scoular Company, Burcon, COSUCRA, Shandong Jianyuan Group, AGT Food and Ingredients, Yantai Shuangta Food co., LTD, Batory Foods, and SOTEXPRO.
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