Pea protein is an ingredient made by extracting protein from yellow peas. It is generally used to surge the protein content of smoothies and shakes and is a suitable for almost any diet as it is naturally vegan and it is relatively unlikely to cause an allergic reaction. Pea protein is a standard quality protein and a significant source of iron. It can help muscle growth, weight loss and heart health. Pea protein is similar in calorie and protein levels to whey protein. However, it is not a complete protein like whey is, meaning it doesn’t contain all of the essential muscle-building amino acids your body needs.
The market is studied for the key countries of North America, Europe, Asia Pacific and Rest of the World. North America is anticipated to dominate the market during the estimated timeframe. Increasing demand for gluten-free items in the U.S. and rising concerns towards cardiovascular diseases caused due to red meat consumption are important factors which are expected to positively impact market growth over the next eight years. Asia Pacific is projected to grow at a fastest rate during the forecast period. Significant gains in the revenue of functional foods in Japan, China and India is expected to remain a key driving factor. Also, Europe is likely to be the second-largest consumer of the global industry. Rising concerns towards lactose intolerances along with shifting consumer inclination towards plant-based proteins in Europe is expected to have a positive impact on the growth of this industry.
The major players of the Pea Protein Market are Roquette Frerers, Burcon NutraScience, Cosucra-Groupe Warcoing, Nutri-Pea Ltd., Sotexpro, Axiom Foods, Farbest Brands, Shandong Jianyuan, Yan Tai Shuang Ta Food, The Scoular Co. and among other.
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