Global Textured Pea Protein Market, By Product Type (Yellow Peas, Green Peas) Nature (Organic, Conventional), Processing Type (Dry Processing, Wet Processing), End Use (Food Processing, Animal Feed, Nutraceuticals, Sports Nutrition, Infant Nutrition, Cosmetic and Personal Care), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The textured pea protein market size is valued at USD 0.99 billion by 2028 and is expected to grow at a compound annual rate of 6.50% in the forecast period 2021 to 2028. The growing awareness among consumers regarding the benefits of opting for textured food is the factor for the growth of textured pea protein market in the forecast period of 2021 to 2028.
Pea protein is the kind of powdered concentrated protein substance which is produced by crushing dried peas and removing starch and fiber contents. Pea protein products are widely used as clean lean proteins due to their high nutritional value and clean or hygienic production process.
The major growing factor towards textured pea protein market is the rise in the preferences for textured products in body building. Furthermore, rapid shift in the inclination for pea protein shakes as pea protein powder has high protein content and textured pea protein powder is a good fit for almost all diet as it is naturally vegan and hypoallergenic which are also expected to heighten the overall demand for textured pea protein market over the forecast period of 2021 to 2028. Moreover, the high demand for textured products and increase in the health consciousness trend to influence the global plant-based protein which are also expected to serve as foremost drivers for the textured pea protein market at a global level. In addition, the increase in the vegan population and high nutritional profile of pea are also lifting the growth of the textured pea protein market.
However, the strict rules and regulations coupled with production of textured pea protein and high cost related with textured protein products across the world are projected to act as a restraint towards the growth of textured pea protein market, whereas the lack of awareness among consumer regarding textured pea can challenge the growth of the textured pea protein market.
Moreover, the rise in the demand for meat substitutes and allergen-friendly sports and fitness supplements and increasing vegan population across the globe as well as rising awareness regarding high nutritional benefits offered by pea powder will further generate new opportunities for the textured pea protein market in the forecast period of 2021 to 2028.
This textured pea protein market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the textured pea protein market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Textured Pea Protein Market Scope and Market Size
The textured pea protein market is segmented on the basis of product type, nature, processing type and end use. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the textured pea protein market has been segmented into yellow peas and green peas.
- On the basis of nature, the textured pea protein market has been segmented into organic and conventional.
- On the basis of processing type, the textured pea protein market has been segmented into dry processing and wet processing.
- The end use segment of the textured pea protein market has been segmented into food processing, animal feed, nutraceuticals, sports nutrition, infant nutrition and cosmetic and personal care.
Textured Pea Protein Market Country Level Analysis
The textured pea protein market is analyses and market size, volume information is provided by country, product type, nature, processing type and end use as referenced above.
The countries covered in the textured pea protein market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa (MEA).
North America leads the textured pea protein market because of the high demand for gluten-free products and high growth of the sports nutrition industry. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 due to the rise in the consumption of nutrient fortified functional food products.
The country section of the textured pea protein market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Textured Pea Protein Market Share Analysis
The textured pea protein market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to textured pea protein market.
The major players covered in the textured pea protein report are Ingredion Incorporated, Roquette Frères, Puris, Emsland Group, FENCHEM, The Green Labs LLC., DuPont, A&B Ingredients., Glanbia plc, Shandong Jianyuan group, Batory Foods, Kerry, The Scoular Company., Axiom Foods, Burcon, COSUCRA, SOTEXPRO, Yantai Shuangta Food co., LTD, AGT Food and Ingredients, and Phyto-Therapy Pty Ltd., among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.