Pea Protein Market Forecast 2030: Key Trends & Growth Opportunities

1. Pea Protein Market The Pea Protein Market is predicted to reach USD 3.43 billion with a CAGR of 12.20% by 2030. Market Key Segments - By Product Next Move Strategy Consulting

2. 01 02 03 04 05 Table Of Market Overview Content Market Segmentation Regional Analysis Key Market Players Key Highlights Next Move Strategy Consulting

3. Market Overview • Pea protein is derived from the seeds of the leguminous plant known as Pisum sativum, • commonly found in yellow and green split peas. • It serves as a valuable food product, primarily utilized as a protein supplement. These seeds • are naturally abundant in protein, with protein levels ranging from 23.1% to 30.9%, along • with minimal fat. Peas also offer a wide array of essential nutrients, including vitamins, • minerals, and other beneficial compounds. • Moreover, they house crucial amino acids necessary for a well-balanced human diet. This nutritional profile makes pea protein an attractive choice for boosting the protein content of smoothies and shakes. Additionally, it aligns perfectly with various dietary preferences, being both naturally vegan and hypoallergenic • The growing popularity of sports and fitness activities drives the demand for pea protein • among athletes and fitness enthusiasts as a sports nutrition product. • Consumers increasingly recognize pea protein's health advantages, such as its high-quality • plant-based protein content and hypoallergenic properties. This heightened awareness • has increased its adoption among various consumer segments, including vegans, vegetarians, • and those with dietary restrictions. Next Move Strategy Consulting

4. Market Segmentation • By Nature • Conventional • Organic • By Product • Isolates Pea Protein • Concentrates Pea Protein • Textured Pea Protein • Hydrolyzed Protein • Others • By Source • Yellow Split Pea • Lentils • Chickpea • By Application • Animal Feed • Nutraceuticals • Sports Nutrition • Infant Nutrition • Personal Care and Cosmetics • Food and Beverages • Supplements • By Form • Dry • Liquid Next Move Strategy Consulting

5. Regional Analysis • North America • The U.S. • Canada • Mexico • Asia-Pacific • China • India • Japan • South Korea • Australia • Rest of Asia-Pacific • RoW • UAE • Saudi Arabia • South Africa • Brazil • Remaining Countries • Europe • The UK • Germany • France • Italy • Spain • Denmark • Netherlands • Finland • Sweden • Norway • Russia Next Move Strategy Consulting

6. Key Market Players • Roquette Frères • Ingredion • Kerry Group Plc. • NOW Foods • Axiom Foods • Burcon NutraScience Corporation • Archer Daniels Midland Company • Cargill Next Move Strategy Consulting

7. Key Highlights • Market Growth : The pea protein market is experiencing robust growth, fueled by increasing demand for plant-based protein sources. A rise in health consciousness • and dietary preferences, including veganism and vegetarianism, contributes to this • trend. • Nutritional Benefits : Pea protein is rich in essential amino acids, making it a popular choice for muscle building and overall health. It is easily digestible and hypoallergenic, suitable for individuals with dairy or gluten sensitivities. • Diverse Applications : Pea protein is used in various food and beverage products, including protein powders, snack bars, dairy alternatives, and meat substitutes. Its versatility makes it attractive to manufacturers across different segments. • Innovation and Product Development : Ongoing research and innovation are leading • to the development of new pea protein formulations and products. Companies • are focusing on improving taste, texture, and functionality to enhance • consumer appeal. Next Move Strategy Consulting

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