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Pea Protein Market to attain significant growth in coming years from dietary supplements segment

Author : Rahul Sankrityayan | Published Date : 2019-05-13 

A comprehensive research study on Pea Protein Market introduced by Global Market Insights, Inc. provides insights into the market size and growth trends of this industry over the forecast timeline. The study evaluates key aspects of market in terms of the demand landscape, driving factors and growth strategies adopted by market players.

Increased consumer preference for vegetarianism along with rising product use in various applications including meat substitutes, nutraceuticals and sports supplements should stimulate pea protein market growth. This is a low-calorie food having high protein content, is easily digestible and is an ideal source of post workout nutrition. Increasing consumer awareness regarding nutritious and healthy diet and rising food sensitivity concerns are likely to further stimulate product demand.

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Pea protein isolate market surpassed USD 25 million in 2017 primarily on account of growing demand from bakery products, snacks and beverage industries. These products finds widespread use as meat texturizing agents pertaining to their substantial amino acid content, desirable water-binding properties, high solubility and excellent emulsification.

North America pea protein market from meat substitute applications should exceed USD 20 million by 2024. These products are suitable for consumers allergic to animal-based products and vegetarians who struggle to fulfill their daily nutrient intake. Technological advancement in manufacturing techniques have resulted in textured product development which resemble meat.

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Europe pea protein market from nutraceutical applications surpassed USD 2.3 million in 2017 majorly pertaining to growing demand for gluten & fat-free nutritional products. These products offer significant amino acid content, primarily that of glutamine which promotes health and wellness.

Pea protein Market, By Product

  • Isolates
  • Concentrates
  • Textured pea proteins

Pea protein Market, By Application

  • Meat substitutes
  • Nutraceuticals
  • Sports supplements
  • Others

Pea proteins possess good water-binding characteristics, improve heart health and immune function. Significant consumer demand for great tasting products with simpler labels and alternative nutrient sources to solve their personalized nutrition choices should further boost market growth.

Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/pea-protein-market-report

Major industry participants for pea protein market include The Scoular Company, Cosucra-Groupe Warcoing, Roquette Frerers, Shandong Jianyuan Group and Glanbia Nutritionals. Prominent manufacturers are engaged in production capacity expansions to satisfy growing consumer demand and research & development initiatives to identify better active ingredients which should promote pea protein market growth.

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https://www.marketwatch.com/press-release/plant-based-ingredients-market-report-2019-2025-revenue-growth-forecast-by-product-region-industry-players-2019-05-10

About Author

Rahul Sankrityayan

Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Fractovia, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experience in technical field as well as writing. He can be contacted at- [email protected] | https://twitter.com/sankritsays

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