Pea Protein Market Analysis, Demand, Share, Growth Estimation, Developing Trends and Forecast 2024
Global Pea Protein Market 2020 advanced analysis by Industry Research gives market share, size, revenue in value and volume. Industry Research also studies market status and outlook of Global and major regions, from angles of players, countries, product types and end industries.
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Pea Protein Summary:
Pea protein is a food with a neutral taste that is used in dairy alternatives such as cheeses and yogurt. It is extracted from the yellow pea, Pisum sativum, and has a typical legume amino acid profile.
Scope of Pea Protein Report:
- The pea protein industry has developed rapidly recent years, and the industry concentration is very high due to the high technology barrier. The global leaders are Roquette, and Cosucra. The production of the manufacturers listed in the report occupied for over 85% market share of global in 2016. The key players include Emsland Group, Roquette, Cosucra, Nutri-Pea, Shuangta Food, Oriental Protein Tech, Jianyuan Group, and others. On a global scale, the high-tech pea protein product is in the early stages of the global industrialization compared to other plant protein industry. The whole pea protein market is driven by the new protein extraction technology, advanced R&D initiatives, and rising vegetarian population. Currently, the factors driving the growth of the aforementioned industry are Dietary Supplement, Beverage, pet food industry and others. As the demand increases rapidly for downstream industries, and the wider range of applications, the demand for pea protein will correspondingly increase. The increased consumption of pea protein is expected to continue during the remaining years of the forecast period of 2018-2023. Pea protein industry will usher in a rapid growth space. Although the market prospect of pea protein is very good, but there is a potential threat. That is pea protein and pea starch shares the same production line. Strictly speaking, pea protein is a byproduct of pea starch. Although Europe produces a large amount of pea protein, large amount of pea starch was also produced and could not be consumed locally. the main areas of consumption of pea starch are in the Asia Pacific region. But the whole Asia Pacific region is not enough to consume the whole pea starch, which wastes the resource of pea processing. Therefore, the development of pea protein requires a balance between the two products.There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability, such as Roquette. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. The competition in pea protein market will become more intense.In China, Yantai Shuangta is the most advanced producer, has top pea protein extraction technology, the only circulating integrated industrial chain. There is no large competitor in pea protein market. In Shuangta Food, pea protein contains more than 80% protein, and applied in health care products, beverages and others.The worldwide market for Pea Protein is expected to grow at a CAGR of roughly 11.8% over the next five years, will reach 1160 million US$ in 2024, from 590 million US$ in 2019, according to a new research study.
To Understand How COVID-19 Impact is Covered in this Report on Pea Protein Market
Major Players playing dynamic role in Pea Protein Market:
- Emsland Group
- Roquette
- Cosucra
- Nutri-Pea
- Shuangta Food
- Yantai Oriental Protein Tech
- Shandong Jianyuan Foods
- Shandong Huatai Food.
Segmentation Analysis:
Pea Protein Market Segment by Type, covers:
- Pea Protein Isolates
- Pea Protein Concentrated
Pea Protein Market Segment by Applications can be divided into
- Dietary Supplement
- Baked Goods
- Healthy Food
- Pet Food
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Detailed TOC of Global Pea Protein Market 2019 by Company, Regions, Type and Application, Forecast to 2024: Table of Contents
1 Pea Protein Market Overview
1.1 Product Overview and Scope of Pea Protein
1.2 Classification of Pea Protein by Types
1.2.1 Global Pea Protein Revenue Comparison by Types (2019-2024)
1.2.2 Global Pea Protein Revenue Market Share by Types in 2018
1.3 Global Pea Protein Market by Application
1.3.1 Global Pea Protein Market Size and Market Share Comparison by Applications (2014-2024)
1.4 Global Pea Protein Market by Regions
1.4.1 Global Pea Protein Market Size (Million USD) Comparison by Regions (2014-2024)
1.4.1 North America (USA, Canada and Mexico) Pea Protein Status and Prospect (2014-2024)
1.4.2 Europe (Germany, France, UK, Russia and Italy) Pea Protein Status and Prospect (2014-2024)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Pea Protein Status and Prospect (2014-2024)
1.4.4 South America (Brazil, Argentina, Colombia) Pea Protein Status and Prospect (2014-2024)
1.4.5 Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Pea Protein Status and Prospect (2014-2024)
1.5 Global Market Size of Pea Protein (2014-2024)
2 Manufacturers Profiles
2.1 Company 1
2.1.1 Business Overview
2.1.2 Pea Protein Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Pea Protein Revenue, Gross Margin and Market Share (2017-2018)
2.2 Company 2
2.2.1 Business Overview
2.2.2 Pea Protein Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Pea Protein Revenue, Gross Margin and Market Share (2017-2018)
3 Global Pea Protein Market Competition, by Players
3.1 Global Pea Protein Revenue and Share by Players (2014-2019)
3.2 Market Concentration Rate
3.2.1 Top 5 Pea Protein Players Market Share
3.2.2 Top 10 Pea Protein Players Market Share
3.3 Market Competition Trend
4 Global Pea Protein Market Size by Regions
4.1 Global Pea Protein Revenue and Market Share by Regions
4.2 North America Pea Protein Revenue and Growth Rate (2014-2019)
4.3 Europe Pea Protein Revenue and Growth Rate (2014-2019)
4.4 Asia-Pacific Pea Protein Revenue and Growth Rate (2014-2019)
4.5 South America Pea Protein Revenue and Growth Rate (2014-2019)
4.6 Middle East and Africa Pea Protein Revenue and Growth Rate (2014-2019)
… and continued
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