Pea Protein Market Share, Analysis, and Growth by 2031
Pea Protein Market: Size and Share
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CAGR (2023 - 2031)13.5% -
Market Size 2023
US$ 613.16 Million -
Market Size 2031
US$ 1,658.15 Million
Market Dynamics
- Rise in plant-based food demand
- Growing consumer preference for vegan products
- Increasing awareness of health benefits
- Growth in pea protein-based foods
- Focus on allergen-free plant proteins
- Increasing use in protein fortification
- Expansion in meat alternatives market
- Technological advancements in pea protein extraction
- Growing demand in sports nutrition
Market Segmentation
Type - Pea Protein Isolates
- Pea Protein Concentrates
- Textured Pea Protein
Form - Dry
- Liquid
Application - Dietary Supplements
- Bakery and Confectionery Goods
- Meat Alternatives
- Beverages
Pea Protein Market Players Density: Understanding Its Impact on Business Dynamics
The Pea Protein Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Pea Protein Market are:
- A&B Ingredients and Axiom Foods, Inc.
- Burcon Nutrascience Corporation
- Cosucra Groupe Warcoing SA
- Gemef Industries
- Glanbia Nutritionals
- Puris, Roquette Frères
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the Pea Protein Market top key players overview
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