The new report by Expert Market Research titled, GlobalPea Protein MarketReport and Forecast 2021-2026, gives an in-depth analysis of the global pea protein market, assessing the market based on its segments like types, forms, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porters Five Forces models.
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The key highlights of the report include:
Market Overview (2016-2026)
The pea powder industry has been witnessing considerable growth owing to the rising demand of vegetarian products, increasing concerns regarding heart related diseases caused by red meat consumption and increasing awareness among consumer regarding the consumption of a healthy diet. Rising lifestyle related health problems, such asdiabetes, allergies and obesity, have led to a shift towardsvegandietary habits. Moreover, it is dairy and gluten free owing to which it serves as a suitable choice for people who suffer fromglutenallergy or lactose intolerance. Peaprotein powderis likely to witness a rise in demand due to its wide applications in themeat substitutes industry.
Industry Definition and Major Segments
Pea protein is made by segregating the protein from ground yellow peas. It is a healthy source of iron, and can be easily digested by our body. Pea protein is a healthy vegetarian food source due to its nutritional value and low allergenicity. It can also help increase muscle mass, losing weight, and provide essential nutrients such as arginine and branched chain amino acids.
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On the basis of type, the industry can be divided into:
The form of the product can be categorised as follows:
On the basis of application, the industry can be divided into:
The regional markets for pea protein industry include:
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Market Trends
The key market trends driving the growth of therobotictechnology industry include the growing demand for meat substitutes and allergen friendly sports and fitness supplements. Rising awareness regarding healthy protein intake in everyday life along with its functional benefits such as it reduces appetite resulting in weight loss, increases muscle mass and strength, and maintains bone health, and bolsters immune health will augment the product demand. According to recent research and studies excessive consumption of meat and meat products has resulted in increasing risk of heart diseases, cancer, and obesity. All these factors are expected to significantly contribute to the demand for robotic technology in the forecast period.
Key Market Players
The major players in the market are Roquette Frres S.A, Burcon NutraScience Corporation, Axiom Foods Inc, Farbest-Tallman Foods Corporation, Cosucra Groupe Warcoing SA, and Shandong Jianyuan Group, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
About Us:
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
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Media Contact
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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
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Global Pea Protein Market to be Driven by the Growing Trend of Vegan and Vegetarianism in the Forecast Period of 2021-2026 ChattTenn Sports -...
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