1 / 5

Yellow Pea Protein Market

The yellow pea protein market is expected to reach $1.09 billion by 2029, growing at a CAGR of 15.8% from 2022 to 2029. This growth is driven by rising interest in plant-based nutrition, health trends, and increased consumer awareness of the benefits of pea protein. Emerging markets and new product launches present further opportunities for growth, although a strong preference for animal-based proteins remains a significant challenge. The market is segmented by type, source process, processing method, form, application, and geography.<br>

Prajwal26
Télécharger la présentation

Yellow Pea Protein Market

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. “Meticulous Research® Projects Hearing Yellow Pea Protein Market to Reach $1.09 Billion by 2029” pen_spark” J

  2. Yellow Pea Protein Market 2022-2029 Yellow Pea Protein Market: Growth, Trends, and Opportunities Market Overview According to a recent publication by Meticulous Research®, the yellow pea protein market is anticipated to reach $1.09 billion by 2029, reflecting a robust compound annual growth rate (CAGR) of 15.8% from 2022. This growth trajectory is largely driven by the increasing interest in plant-based nutrition, heightened health and wellness trends, the expansion of the plant-based food market, rising consumer awareness regarding the nutritional advantages of pea and pea-derived products, and significant innovations in pea protein ingredients from industry leaders. Download Free Sample Report Here: https://www.meticulousresearch.com/download-sample- report/cp_id=5307 Market Dynamics Drivers of Growth The yellow pea protein market is propelled by several key factors: 1.Plant-Based Nutrition: The growing shift towards plant-based diets is leading consumers to seek healthier protein alternatives. 2.Health & Wellness Trends: Rising health concerns and chronic disease incidences are pushing consumers toward healthier dietary choices, including the incorporation of pea protein. 3.Innovative Product Development: Key players in the market are continually developing new and innovative pea protein products, catering to a diverse range of consumer preferences. 4.Emerging Markets: There are substantial growth opportunities in emerging regions, with increasing launches of pea protein-based products. Challenges Despite its growth potential, the yellow pea protein market faces challenges, particularly the strong consumer preference for animal-based proteins. This trend may hinder market expansion as consumers remain loyal to traditional protein sources. Market Segmentation The yellow pea protein market can be segmented based on type, source process, processing method, form, application, and geography. By Type 1.Yellow Pea Protein Isolate: Estimated to dominate the market share in 2022 due to its high protein content and versatility in applications, including high- performance nutrition products and snacks. This segment is also expected to experience the highest CAGR. Page 1 of 4 © Meticulous Research| sales@meticulousresearch.com

  3. Yellow Pea Protein Market 2022-2029 2.Yellow Pea Protein Concentrate: A significant player in the market, catering to various food applications. 3.Textured Pea Protein: Gaining traction in the alternative meat segment. 4.Hydrolysate, Flour, and Others: These segments contribute to the diversity of applications and market dynamics. By Source Process 1.Conventional Yellow Pea Protein: This segment accounts for the largest share due to its cost-effectiveness and longer shelf life. 2.Organic Yellow Pea Protein: Expected to grow at the highest CAGR as demand for organic products rises and clean label trends gain traction. By Processing Method 1.Dry Processing: Dominating the market due to lower capital and resource requirements, it is favored by food and beverage manufacturers. 2.Wet Processing: Projected to grow significantly, offering higher purity levels and responding to increasing demand for quality ingredients. By Form 1.Powder: Estimated to hold the largest market share in 2022, favored for its ease of handling and cost-effectiveness. 2.Liquid: Expected to register the highest CAGR due to its applications in the dairy alternatives sector. By Application 1.Nutrition & Health Supplements: The leading segment, driven by rising health consciousness and the increasing incidence of diet-related diseases. 2.Meat & Alternative Meat Products: Anticipated to grow rapidly as veganism and concerns over meat-related health issues rise. 3.Bakery, Dairy Alternatives, Snacks, Beverages, and Pet Food: All contribute to the diverse applications of yellow pea protein. By Geography 1.North America: Expected to maintain the largest market share due to a well- established food and beverage industry, a growing vegan population, and significant sustainability concerns regarding animal-derived products. 2.Asia-Pacific: Projected to witness the highest CAGR, spurred by increasing health consciousness, a booming food and beverage sector, and a growing preference for protein-rich diets. Key Players The competitive landscape of the yellow pea protein market is characterized by several key players: Page 2 of 4 © Meticulous Research| sales@meticulousresearch.com

  4. Yellow Pea Protein Market 2022-2029 • Roquette Frères Le Romain (France) • AGT Food and Ingredients Inc. (Canada) • Cargill, Incorporated (U.S.) • Ingredion Incorporated (U.S.) • Archer-Daniels-Midland Company (U.S.) • E.I. Dupont De Nemours and Company (U.S.) • Axiom Foods Inc. (U.S.) • Burcon NutraScience Corporation (Canada) • Glanbia Plc. (Ireland) • Cosucra Groupe Warcoing SA (Belgium) • Sotexpro (France) • Farbest Brands (U.S.) • Shandong Jianyuan Foods Co., Ltd. (China) • The Emsland Group (Germany) • Nutri-Pea Ltd. (Canada) Read Full Report:- https://www.meticulousresearch.com/product/yellow-pea-protein-market- 5307 About Meticulous Research® Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth. Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Page 3 of 4 © Meticulous Research| sales@meticulousresearch.com

  5. Yellow Pea Protein Market 2022-2029 Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 4 of 4 © Meticulous Research| sales@meticulousresearch.com

More Related