Pea Protein Ingredients Market Research Report - Global Forecast till 2024

Pea Protein Ingredients Market Global Research Report by Type (Isolates, Concentrates, and Textured), Application (Food & Beverages [Meat Substitutes, Bakery & Confectionery, Beverages, Dietary Supplements, Sweet & Savory Snacks, Infant Nutrition, and Others], Animal Feed, and Personal Care), and Region (North America, Europe, Asia-Pacific, Rest of the World) - Forecast till 2024

ID: MRFR/F-B & N/3100-HCR | February 2021 | Region: Global | 110 pages

 
Market Scenario
 
The global Pea Protein Ingredients Market is registering high growth due to the high demand for vegan and vegetarian protein ingredients sources. The manufacturers are focusing on innovative products and technology with the help of extensive research and development to improve product quality. Growing demand for protein ingredients in various end-use industries is driving the growth of the global pea protein ingredients market.   
One of the primary factors contributing to the increasing adoption of pea protein ingredients is the growing awareness about the benefits of protein ingredients among consumers. In addition to that, the growing adoption of a high protein diet by consumers is boosting the sales of products with high protein ingredients content. Also, as consumers are getting aware about pea protein as an alternative to animal-sourced protein, the demand for pea protein ingredients is increasing. Moreover, rising concerns regarding lactose intolerance among people is increasing the demand for alternative for protein ingredients sourced from milk and milk derivatives.
The global pea protein ingredients industry is expected to garner a revenue of USD 1.2 billion at a CAGR of 5.1% during the forecast period of 2019–2024.
Pea protein ingredients are gaining acceptance globally, owing to the increasing health concerns among the population. Pea protein is gaining popularity among consumers owing to its cost-effectiveness over other alternatives in the market such as soy, wheat, rice, and others.
 
Segmentation

MRFR segments the global pea protein ingredients market based on type, application, and region.
By type, the global market has been classified as isolates, concentrates, and textured. Isolates segment holds the major market share in global market, and the same segment is expected to record the highest growth rate.
On the basis of application, the global market has been categorized as food & beverages, animal feed, and others. The food & beverages segment has been further segregated into meat substitutes, bakery & confectionery, beverages, dietary supplements, sweet & savory snacks, infant nutrition, and others. The food & beverages segment is expected to account for the largest revenue share of the market. The same segment is expected to exhibit the higher growth rate during the forecast period of 2019 to 2024. 
The regional analysis for the global pea protein ingredients market has been conducted for Europe, Asia-Pacific, North America, and the rest of the world.  
The North American pea protein ingredients market has further been segmented into the US, Canada, and Mexico. The European pea protein ingredients market has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe. The pea protein ingredients market in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The pea protein ingredients market in the rest of the world has been segmented into South America, the Middle East, and Africa.

Key Players

Archer Daniels Midland Company (US), Kerry Group PLC (Ireland), Cargill Incorporated (US), Cosucra Groupe Warcoing SA (Belgium), The Scoular Company (US), A & B Ingredients Inc (US), Nutri-Pea Limited (Canada), Prinova Group LLC (US), Roquette Frères S.A. (France), Burcon NutraScience Corporation (Canada), Ingredion Incorporated (US), Batory Foods (US), Cambridge Commodities Inc (UK), PLT Health Solutions (US), and Axiom Foods, Inc. (US) are some of the key players in the global pea protein ingredients market.
 
Regional Market Summary
North America accounted for the largest market share in 2018. The region’s dominance and growth can be attributed to the increasing consumption of healthy food and beverages among health-conscious people. Additionally, the adoption of veganism among consumers in the US and Canada is the demand for vegan protein ingredients. Asia-Pacific is expected to be the fastest-growing regional market in the pea protein ingredients market. Rising demand for alternative for animal protein is majorly driving the growth of pea protein ingredients market in this region.
Global Market, by Type


  • Isolates

  • Concentrates

  • Textured


Global Market, by Application

  • Food & Beverages


    • Meat Substitutes

    • Bakery & Confectionery

    • Beverages

    • Dietary Supplements

    • Sweet & Savory Snacks

    • Infant Nutrition

    • Others


  • Animal Feed

  • Others


Global Market, by Region

  • North America

    • US

    • Canada

    • Mexico





  • Europe

    • Germany

    • France

    • Italy

    • Spain

    • UK

    • Rest of Europe





  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia and New Zealand

    • Rest of Asia-Pacific





  • Rest of the World (RoW)

    • South America

    • Middle East

    • Africa




Intended Audience

  • Pea Protein ingredients manufacturers

  • Functional foods & beverages industry

  • Raw material suppliers

  • Retailers and wholesaler

  • Traders, importers, and exporters



TABLE OF CONTENTS

1. 1 EXECUTIVE SUMMARY

1.1. Market Attractiveness Analysis

1.1.1. Global Pea Protein Ingredients Market, by Type

1.1.2. Global Pea Protein Ingredients Market, by Application

1.1.3. Global Pea Protein Ingredients Market, by Region

2. MARKET INTRODUCTION

2.1. Definition

2.2. Scope of the Study

2.3. Market Structure

2.4. Key Buying Criteria

2.5. Macro Factor Indicator Analysis

3. RESEARCH METHODOLOGY

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

3.5. Forecast Model

3.6. List of Assumptions

4. MARKET DYNAMICS

4.1. Introduction

4.2. Drivers

4.3. Restraints

4.4. Opportunities

4.5. Challenges

5. MARKET FACTOR ANALYSIS

5.1. Value Chain Analysis

5.2. Supply Chain Analysis

5.3. Porter’s Five Forces Model

5.3.1. Bargaining Power of Suppliers

5.3.2. Bargaining Power of Buyers

5.3.3. Threat of New Entrants

5.3.4. Threat of Substitutes

5.3.5. Intensity of Rivalry

6. GLOBAL PEA PROTEIN INGREDIENTS MARKET, BY TYPE

6.1. Introduction

6.2. Isolates

6.2.1. Isolates: Market Estimates & Forecast, by Region/Country, 2019–2024

6.3. Concentrates

6.3.1. Concentrates: Market Estimates & Forecast, by Region/Country, 2019–2024

6.4. Textured

6.4.1. Textured: Market Estimates & Forecast, by Region/Country, 2019–2024

7. GLOBAL PEA PROTEIN INGREDIENTS MARKET, BY APPLICATION

7.1. Introduction

7.2. Food & Beverages

7.2.1. Food & Beverages: Market Estimates & Forecast, by Country, 2019–2024

7.2.2. Meat Substitutes

7.2.2.1. Meat Substitutes: Market Estimates & Forecast, by Country, 2019–2024

7.2.3. Bakery & Confectionery

7.2.3.1. Bakery & Confectionery: Market Estimates & Forecast, by Country, 2019–2024

7.2.4. Beverages

7.2.4.1. Beverages: Market Estimates & Forecast, by Country, 2019–2024

7.2.5. Dietary Supplements

7.2.5.1. Dietary Supplements: Market Estimates & Forecast, by Country, 2019–2024

7.2.6. Sweet & Savory Snacks

7.2.6.1. Sweet & Savory Snacks: Market Estimates & Forecast, by Country, 2019–2024

7.2.7. Infant Nutrition

7.2.7.1. Infant Nutrition: Market Estimates & Forecast, by Country, 2019–2024

7.2.8. Others

7.2.8.1. Others: Market Estimates & Forecast, by Country, 2019–2024

7.3. Animal Feed

7.3.1. Animal Feed: Market Estimates & Forecast, by Region/Country, 2019–2024

7.4. Others

7.4.1. Others: Market Estimates & Forecast, by Region/Country, 2019–2024

8. GLOBAL PEA PROTEIN INGREDIENTS MARKET, BY REGION

8.1. Introduction

8.2. North America

8.2.1. Market Estimates & Forecast, by Type, 2019–2024

8.2.2. Market Estimates & Forecast, by Application, 2019–2024

8.2.3. Market Estimates & Forecast, by Country, 2019–2024

8.2.4. US

8.2.4.1. Market Estimates & Forecast, by Type, 2019–2024

8.2.4.2. Market Estimates & Forecast, by Application, 2019–2024

8.2.5. Canada

8.2.5.1. Market Estimates & Forecast, by Type, 2019–2024

8.2.5.2. Market Estimates & Forecast, by Application, 2019–2024

8.2.6. Mexico

8.2.6.1. Market Estimates & Forecast, by Type, 2019–2024

8.2.6.2. Market Estimates & Forecast, by Application, 2019–2024

8.3. Europe

8.3.1. Market Estimates & Forecast, by Type, 2019–2024

8.3.2. Market Estimates & Forecast, by Application, 2019–2024

8.3.3. Market Estimates & Forecast, by Country, 2019–2024

8.3.4. Germany

8.3.4.1. Market Estimates & Forecast, by Type, 2019–2024

8.3.4.2. Market Estimates & Forecast, by Application, 2019–2024

8.3.5. UK

8.3.5.1. Market Estimates & Forecast, by Type, 2019–2024

8.3.5.2. Market Estimates & Forecast, by Application, 2019–2024

8.3.6. France

8.3.6.1. Market Estimates & Forecast, by Type, 2019–2024

8.3.6.2. Market Estimates & Forecast, by Application, 2019–2024

8.3.7. Spain

8.3.7.1. Market Estimates & Forecast, by Type, 2019–2024

8.3.7.2. Market Estimates & Forecast, by Application, 2019–2024

8.3.8. Italy

8.3.8.1. Market Estimates & Forecast, by Type, 2019–2024

8.3.8.2. Market Estimates & Forecast, by Application, 2019–2024

8.3.9. Rest of Europe

8.3.9.1. Market Estimates & Forecast, by Type, 2019–2024

8.3.9.2. Market Estimates & Forecast, by Application, 2019–2024

8.4. Asia-Pacific

8.4.1. Market Estimates & Forecast, by Type, 2019–2024

8.4.2. Market Estimates & Forecast, by Application, 2019–2024

8.4.3. Market Estimates & Forecast, by Country, 2019–2024

8.4.4. China

8.4.4.1. Market Estimates & Forecast, by Type, 2019–2024

8.4.4.2. Market Estimates & Forecast, by Application, 2019–2024

8.4.5. Japan

8.4.5.1. Market Estimates & Forecast, by Type, 2019–2024

8.4.5.2. Market Estimates & Forecast, by Application, 2019–2024

8.4.6. India

8.4.6.1. Market Estimates & Forecast, by Type, 2019–2024

8.4.6.2. Market Estimates & Forecast, by Application, 2019–2024

8.4.7. Australia & New Zealand

8.4.7.1. Market Estimates & Forecast, by Type, 2019–2024

8.4.7.2. Market Estimates & Forecast, by Application, 2019–2024

8.4.8. Rest of Asia-Pacific

8.4.8.1. Market Estimates & Forecast, by Type, 2019–2024

8.4.8.2. Market Estimates & Forecast, by Application, 2019–2024

8.5. Rest of the World

8.5.1. Market Estimates & Forecast, by Type, 2019–2024

8.5.2. Market Estimates & Forecast, by Application, 2019–2024

8.5.3. Market Estimates & Forecast, by Region, 2019–2024

8.5.4. South America

8.5.4.1. Market Estimates & Forecast, by Type, 2019–2024

8.5.4.2. Market Estimates & Forecast, by Application, 2019–2024

8.5.5. Middle East

8.5.5.1. Market Estimates & Forecast, by Type, 2019–2024

8.5.5.2. Market Estimates & Forecast, by Application, 2019–2024

8.5.6. Africa

8.5.6.1. Market Estimates & Forecast, by Type, 2019–2024

8.5.6.2. Market Estimates & Forecast, by Application, 2019–2024

9. COMPETITIVE LANDSCAPE

9.1. Introduction

9.2. Competitive Benchmarking

9.3. Development Share Analysis

9.4. Key Developments & Growth Strategies

10. COMPANY PROFILES

10.1. Archer Daniels Midland Company

10.1.1. Company Overview

10.1.2. Financial Overview

10.1.3. Products Offered

10.1.4. Key Developments

10.1.5. SWOT Analysis

10.1.6. Key Strategies

10.2. Kerry Group PLC

10.2.1. Company Overview

10.2.2. Financial Overview

10.2.3. Products Offered

10.2.4. Key Developments

10.2.5. SWOT Analysis

10.2.6. Key Strategies

10.3. Cargill Incorporated

10.3.1. Company Overview

10.3.2. Financial Overview

10.3.3. Products Offered

10.3.4. Key Developments

10.3.5. SWOT Analysis

10.3.6. Key Strategies

10.4. The Scoular Company

10.4.1. Company Overview

10.4.2. Financial Overview

10.4.3. Products Offered

10.4.4. Key Developments

10.4.5. SWOT Analysis

10.4.6. Key Strategies

10.5. A & B Ingredients Inc

10.5.1. Company Overview

10.5.2. Financial Overview

10.5.3. Products Offered

10.5.4. Key Developments

10.5.5. SWOT Analysis

10.5.6. Key Strategies

10.6. Cosucra Groupe Warcoing SA

10.6.1. Company Overview

10.6.2. Financial Overview

10.6.3. Products Offered

10.6.4. Key Developments

10.6.5. SWOT Analysis

10.6.6. Key Strategies

10.7. Nutri-Pea Limited

10.7.1. Company Overview

10.7.2. Financial Overview

10.7.3. Products Offered

10.7.4. Key Developments

10.7.5. SWOT Analysis

10.7.6. Key Strategies

10.8. Burcon NutraScience Corporation

10.8.1. Company Overview

10.8.2. Financial Overview

10.8.3. Products Offered

10.8.4. Key Developments

10.8.5. SWOT Analysis

10.8.6. Key Strategies

10.9. Roquette Frères S.A.

10.9.1. Company Overview

10.9.2. Financial Overview

10.9.3. Products Offered

10.9.4. Key Developments

10.9.5. SWOT Analysis

10.9.6. Key Strategies

10.10. Reliance Private Label Supplements

10.10.1. Company Overview

10.10.2. Financial Overview

10.10.3. Products Offered

10.10.4. Key Developments

10.10.5. SWOT Analysis

10.10.6. Key Strategies

10.11. Ingredion Incorporated

10.11.1. Company Overview

10.11.2. Financial Overview

10.11.3. Products Offered

10.11.4. Key Developments

10.11.5. SWOT Analysis

10.11.6. Key Strategies

10.12. Batory Foods

10.12.1. Company Overview

10.12.2. Financial Overview

10.12.3. Products Offered

10.12.4. Key Developments

10.12.5. SWOT Analysis

10.12.6. Key Strategies

10.13. Cambridge Commodities Inc

10.13.1. Company Overview

10.13.2. Financial Overview

10.13.3. Products Offered

10.13.4. Key Developments

10.13.5. SWOT Analysis

10.13.6. Key Strategies

10.14. PLT Health Solutions

10.14.1. Company Overview

10.14.2. Financial Overview

10.14.3. Products Offered

10.14.4. Key Developments

10.14.5. SWOT Analysis

10.14.6. Key Strategies

10.15. Axiom Foods, Inc.

10.15.1. Company Overview

10.15.2. Financial Overview

10.15.3. Products Offered

10.15.4. Key Developments

10.15.5. SWOT Analysis

10.15.6. Key Strategies

11. APPENDIX

11.1. General Types & References

11.2. List of Abbreviation


LIST OF TABLES

Table 1 Global Pea Protein Ingredients Market, by Region, 2019–2024 (USD Million)

Table 2 Global Pea Protein Ingredients Market, by Type, 2019–2024 (USD Million)

Table 3 Global Pea Protein Ingredients Market, by Application, 2019–2024 (USD Million)

Table 4 North America: Pea Protein Ingredients Market, by Country, 2019–2024 (USD Million)

Table 5 North America: Pea Protein Ingredients Market, by Type, 2019–2024 (USD Million)

Table 6 North America: Pea Protein Ingredients Market, by Application, 2019–2024 (USD Million)

Table 7 US: Pea Protein Ingredients Market, by Type, 2019–2024 (USD Million)

Table 8 US: Pea Protein Ingredients Market, by Application, 2019–2024 (USD Million)

Table 9 Canada: Pea Protein Ingredients Market, by Type, 2019–2024 (USD Million)

Table 10 Canada: Pea Protein Ingredients Market, by Application, 2019–2024 (USD Million)

Table 11 Mexico: Pea Protein Ingredients Market, by Type, 2019–2024 (USD Million)

Table 12 Mexico: Pea Protein Ingredients Market, by Application, 2019–2024 (USD Million)

Table 13 Europe: Pea Protein Ingredients Market, by Country, 2019–2024 (USD Million)

Table 14 Europe: Pea Protein Ingredients Market, by Type, 2019–2024 (USD Million)

Table 15 Europe: Pea Protein Ingredients Market, by Application, 2019–2024 (USD Million)

Table 16 Germany: Pea Protein Ingredients Market, by Type, 2019–2024 (USD Million)

Table 17 Germany: Pea Protein Ingredients Market, by Application, 2019–2024 (USD Million)

Table 18 France: Pea Protein Ingredients Market, by Type, 2019–2024 (USD Million)

Table 19 France: Pea Protein Ingredients Market, by Application, 2019–2024 (USD Million)

Table 20 Italy: Pea Protein Ingredients Market, by Type, 2019–2024 (USD Million)

Table 21 Italy: Pea Protein Ingredients Market, by Application, 2019–2024 (USD Million)

Table 22 Spain: Pea Protein Ingredients Market, by Type, 2019–2024 (USD Million)

Table 23 Spain: Pea Protein Ingredients Market, by Application, 2019–2024 (USD Million)

Table 24 UK: Pea Protein Ingredients Market, by Type, 2019–2024 (USD Million)

Table 25 UK: Pea Protein Ingredients Market, by Application, 2019–2024 (USD Million)

Table 26 Rest of Europe: Pea Protein Ingredients Market, by Type, 2019–2024 (USD Million)

Table 27 Rest of Europe: Pea Protein Ingredients Market, by Application, 2019–2024 (USD Million)

Table 28 Asia-Pacific: Pea Protein Ingredients Market, by Country, 2019–2024 (USD Million)

Table 29 Asia-Pacific: Pea Protein Ingredients Market, by Type, 2019–2024 (USD Million)

Table 30 Asia-Pacific: Pea Protein Ingredients Market, by Application, 2019–2024 (USD Million)

Table 31 China: Pea Protein Ingredients Market, by Type, 2019–2024 (USD Million)

Table 32 China: Pea Protein Ingredients Market, by Application, 2019–2024 (USD Million)

Table 33 India: Pea Protein Ingredients Market, by Type, 2019–2024 (USD Million)

Table 34 India: Pea Protein Ingredients Market, by Application, 2019–2024 (USD Million)

Table 35 Japan: Pea Protein Ingredients Market, by Type, 2019–2024 (USD Million)

Table 36 Japan: Pea Protein Ingredients Market, by Application, 2019–2024 (USD Million)

Table 37 Australia & New Zealand: Pea Protein Ingredients Market, by Type, 2019–2024 (USD Million)

Table 38 Australia & New Zealand: Pea Protein Ingredients Market, by Application, 2019–2024 (USD Million)

Table 39 Rest of Asia-Pacific: Pea Protein Ingredients Market, by Type, 2019–2024 (USD Million)

Table 40 Rest of Asia-Pacific: Pea Protein Ingredients Market, by Application, 2019–2024 (USD Million)

Table 41 Rest of the World (RoW): Pea Protein Ingredients Market, by Country, 2019–2024 (USD Million)

Table 42 Rest of the World (RoW): Pea Protein Ingredients Market, by Type, 2019–2024 (USD Million)

Table 43 Rest of the World (RoW): Pea Protein Ingredients Market, by Application, 2019–2024 (USD Million)

Table 44 South America: Pea Protein Ingredients Market, by Type, 2019–2024 (USD Million)

Table 45 South America: Pea Protein Ingredients Market, by Application, 2019–2024 (USD Million)

Table 46 Middle East: Pea Protein Ingredients Market, by Type, 2019–2024 (USD Million)

Table 47 Middle East: Pea Protein Ingredients Market, by Application, 2019–2024 (USD Million)

Table 48 Africa: Pea Protein Ingredients Market, by Type, 2019–2024 (USD Million)

Table 49 Africa: Pea Protein Ingredients Market, by Application, 2019–2024 (USD Million)


LIST OF FIGURES

FIGURE 1 Global Pea Protein Ingredients Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of the Global Pea Protein Ingredients Market

FIGURE 4 Value Chain of the Global Pea Protein Ingredients Market

FIGURE 5 Share of the Global Pea Protein Ingredients Market in 2018, by Country (%)

FIGURE 6 Global Pea Protein Ingredients Market, by Region, 2019–2024,

FIGURE 7 Global Pea Protein Ingredients Market Size, by Type, 2018

FIGURE 8 Share of the Global Pea Protein Ingredients Market, by Type, 2019–2024 (%)

FIGURE 9 Global Pea Protein Ingredients Market Size, by Application, 2018

FIGURE 10 Share of the Global Pea Protein Ingredients Market, by Application, 2019–2024 (%)