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Pea Protein Market to gain huge profit from sport supplement segment by 2024

Author : Rahul Sankrityayan | Published Date : 2019-09-18 

Global Market Insights, Inc. has announced the launch of Pea Protein Market, a comprehensive study enumerating the latest price trends and pivotal drivers rendering a positive impact on the industry landscape. Further, the report is inclusive of the competitive terrain of this vertical in addition to the market share analysis and the contribution of the prominent contenders toward the overall industry.

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.

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Isolates contains over 90-95% of proteins and are viable alternatives for people allergic to dairy products which is likely to increase product demand from the sports nutrition sector.

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.

Rising concerns towards cardiovascular diseases caused due to red meat consumption and significant consumer trend for weight management should accelerate market growth.

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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 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.

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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.

Browse Related Reports:

Protein Hydrolysate for Animal Feed Application Market

https://www.marketwatch.com/press-release/protein-hydrolysate-for-animal-feed-application-market-2019-growth-analysis-industry-development-forecast-by-2024-2019-09-18

Essential Oils Market

https://www.marketwatch.com/press-release/essential-oils-market-2019-trends-industry-insights-growth-projections-and-forecast-by-2024-2019-09-18

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Global Market Insights, Inc.
Phone: 1-302-846-7766
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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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