Pea Protein Market is set to garner staggering revenues by 2025: Grand View Research, Inc.


The global pea protein market is expected to reach USD 313.5 million by 2025, according to a new report by Grand View Research, Inc. Increasing consumption of gluten-free products for treatment of celiac disease is expected to boost the pea proteins demand during the forecast period.
Rising concerns over non-celiac gluten sensitivity is expected to result in rising consumption of gluten-free foods and is hence anticipated to positively impact the industry growth. Furthermore, the popularity of maintaining a gluten-free diet (GFD) owing to reduced carbohydrate intake and stimulation of weight loss is anticipated to propel the use of pea proteins over the forecast period.
Increasing importance of maintaining a GFD in treating innate immune response, joint pain, and numbness is foreseen to fuel the product demand in the future. Furthermore, this diet is gaining popularity as an effective treatment for curing symptoms of autism in children. This in turn is expected to drive the pea protein demand over the forecast period.
Significant prevalence of lactose intolerance among infants and children in developing regions such as Central & South America, Asia Pacific, and Middle East & Africa is projected to be another significant driver of the industry growth. Pea protein is one of the highly preferred non-dairy substitutes, as it is characterized by good amino acid profile and is easily digestible. These attributes make the product favorable for use in various food & beverage products such as protein fortified health drinks and sports nutritional foods.

Full Research Report On Global Pea Protein Market Analysis:
www.grandviewresearch.com/industry-analysis/pea-protein-market

Further key findings from the report suggest:

  • In terms of volume, bakery goods application is expected to rise at a CAGR of 13.6% from 2017 to 2025, owing to the utilization of pea protein as a fibrous and gluten-free product
  • Pea concentrates accounted for a revenue share of 27.2% in 2016. These products comprise 70-80% of protein content and are favorably used in energy drinks and fruit mixes applications
  • The growth of the food & beverage industry in Brazil, India, China, and Mexico as a consequence of increasing domestic consumption coupled with the adoption of modern farming technology is expected to drive the industry growth in the near future
  • Companies are focusing on enhancement of their business growth through significantly investing in research & development, new product launches, and forward integration. Farbest and Roquette America have forward integrated business operations as they are engaged in the production as well as supply operations.
  • In October 2014, Comax Flavors launched a new pea protein masking range of food additives owing to minimize or reduce the unpleasant flavor in the processed goods
  • In April 2014, Carmit Candy Industries launched a wafer snack bar fortified with a dark chocolate coating and containing pea protein aimed at eliminating the pea protein flavor
View more reports of this category by Grand View Research at:
www.grandviewresearch.com/industry/nutraceuticals-functional-foods-and-dietary-supplements

Grand View Research has segmented the global pea protein market on the basis of product, application, and region:

 Pea Protein Product Outlook (Volume, Tons; Revenue, USD Thousand; 2014 - 2025)
  • Isolates
  • Concentrates
  • Textured
Pea Protein Form Outlook (Volume, Tons; Revenue, USD Thousand; 2014 - 2025)
  • Dry
  • Liquid
Pea Protein Application Outlook (Volume, Tons; Revenue, USD Thousand; 2014 - 2025)
  • Meat extenders & analogues
  • Bakery Goods
  • Dietary Supplements
  • Beverage
  • Others
Pea Protein Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
  • Asia Pacific
    • China
    • Japan
    • Australia
  • Central & South America
    • Brazil
  • Middle East & Africa
View press release of this research report by Grand View Research:
www.grandviewresearch.com/press-release/global-pea-proteins-market

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For more information: www.grandviewresearch.com

Comments

Post a Comment

Popular posts from this blog

Matcha Market Is Anticipated to Grow at 7.6% CAGR from 2014 to 2025

Image
The global  matcha market  is expected to reach USD 5.07 billion by 2025, according to a new report by Grand View Research, Inc. Rising prevalence of chronic diseases has augmented the demand for healthy and nutrient-rich food & beverage alternatives. Anti-oxidant and vitamin-rich composition of matcha tea has fueled the product demand across the globe.  Anti-oxidants, including epigallocatechin gallate (EGCG), prevent diseases such as cancer, Type-2 diabetes, cardiovascular problems. EGCG present in the product can repair DNA damage caused by UV radiation and controls the proliferation of cancerous cells. The product also has the potential to reduce stress and promotes a state of relaxation. L-theanine present in the product acts in a synergistic way to activate alpha waves in the brain and thus improves brain functioning. Furthermore, high chlorophyll content of the product prevents toxin accumulation in body. Key product grades available in the industry inc...
Read more

Pet Food Market Size Is Estimated To Reach $98.81 Billion By 2022

The global  pet food market  is expected to reach USD 98.81 billion by 2022, according to a new report by Grand View Research, Inc. Growing trend towards pet adoption as a result of increasing number of nuclear families in emerging economies of Asia Pacific including India, China, Vietnam, and Indonesia is expected to drive the industry over the forecast period.  Rising need for nutritious, healthy, and organic food on account of increasing awareness towards pet health is expected to augment demand. Increasing life expectancy in the region has led to older generation adopting pets to guide them through routine chores; this is expected to fuel demand over the forecast period.  Innovations in specialty, premium and gourmet products, and packaging techniques are expected to propel growth in larger regions of the U.S., Europe, and Japan. In addition, focus on nutritive and functional pet foods and shift in preference towards dry pet food are key drivers for industry...
Read more

Kombucha Market Qualitative Analysis By Industry Overview, Trends, Market Drivers And Restraints 2012-2024

Image
The global  kombucha market  is expected to reach USD 4.46 billion by 2024, according to a new report by Grand View Research, Inc. Increasing awareness of the health benefits associated with consuming probiotic drinks is projected to boost market demand over the forecast period. Kombucha helps to control liver cell toxicity and aids in detoxification, digestion, and weight loss.  It also improves immunity and acts like an energy drink. Some of the drivers influencing the market growth are the ease of manufacturing and rising demand for probiotic beverages. Growing disposable income and the trend of maintaining a healthy diet intake has led to increasing demand for natural and organic beverages. North America occupied the largest market share in 2015 on account of a vast number of brewers operating in this region. Companies such as Buchi Kombucha, GT’s Kombucha, Celestial Seasonings, and KeVita, Inc. have adopted expansion strategies to increase their presence in...
Read more