Press release
Global Pea Protein Market Will Surge to USD 1596 Million By 2026
Findings from Facts and Factors report "Pea Protein Market By Type (Isolates, Concentrates, and Textured), By Form (Dry and Wet), Source (Split Yellow Peas, Lentils, and Chickpeas), By Application (Meat substitutes, Performance nutrition, Functional foods, Snacks, Beverages, Bakery products, Confectionery), and By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020-2026" states that the global Pea Protein Market in 2019 was approximately USD 740 Million. The market is expected to grow at a CAGR of 14% and is anticipated to reach around USD 1596 Million by 2026.
Pea Protein is extracted from yellow or green peas and used in protein-enriched foods and protein supplements. The presence of essential amino acids in the pea protein helps improve blood circulation, calcium absorption, weight management, maintain healthy muscle, improve metabolism, and also regulate blood sugar levels. These properties of pea protein are likely to help surge its sales in the coming years. The lactose-free and 100% vegan nature makes it safe for dairy product sensitive individuals.
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The report provides a complete analysis of the current and emerging market trends and opportunities.
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Market Drivers:
The Pea Protein market is found to experience significant growth owing to the increasing use of bakery goods, dietary supplements, and beverages that are anticipated to drive the market. The rising demand for an alternative for meat and the growing concerns of lactose intolerance among grown-up has increased the demand for gluten-free products, thereby fuelling the growth of the Pea Proteins market. Additionally, the surging awareness concerning nutrition amelioration and inclination of people toward vegetarian foods is expected to drive the global Pea Protein market. The increasing expenditure on convenience food products, the importance of a flexitarian diet likely plays a crucial role in enhancing the product demand.
Market Segment Dominance:
Isolates category is estimated to hold the majority of the market share in the Pea Protein market
The isolate category is projected to dominate the global Pea Protein market owing to its increasing use in enhancing the performance of nutrition products, cereals, confectioneries, and plant-based dairy & meat products.
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Pea Protein is extracted from yellow or green peas and used in protein-enriched foods and protein supplements. The presence of essential amino acids in the pea protein helps improve blood circulation, calcium absorption, weight management, maintain healthy muscle, improve metabolism, and also regulate blood sugar levels. These properties of pea protein are likely to help surge its sales in the coming years. The lactose-free and 100% vegan nature makes it safe for dairy product sensitive individuals.
Request to Access Free Sample @ http://bit.ly/2wLM72n
(The sample pages of this report is immediately accessible on demand).
This Free report sample includes:
The report covers present status and future prospects.
The report analyses market trends, size, and forecast in different geographically.
The report provides market competition overview among the Top companies.
The report provides a complete analysis of the current and emerging market trends and opportunities.
Example pages from the report.
FnF research methodology.
Market Drivers:
The Pea Protein market is found to experience significant growth owing to the increasing use of bakery goods, dietary supplements, and beverages that are anticipated to drive the market. The rising demand for an alternative for meat and the growing concerns of lactose intolerance among grown-up has increased the demand for gluten-free products, thereby fuelling the growth of the Pea Proteins market. Additionally, the surging awareness concerning nutrition amelioration and inclination of people toward vegetarian foods is expected to drive the global Pea Protein market. The increasing expenditure on convenience food products, the importance of a flexitarian diet likely plays a crucial role in enhancing the product demand.
Market Segment Dominance:
Isolates category is estimated to hold the majority of the market share in the Pea Protein market
The isolate category is projected to dominate the global Pea Protein market owing to its increasing use in enhancing the performance of nutrition products, cereals, confectioneries, and plant-based dairy & meat products.
Make An Enquiry About This Report @ http://bit.ly/33e1kWt
(You may enquire a report quote OR available discount offers to our sales team before purchase.)
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