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Pea Protein Market Size to Grow With Rising Vegetarian Population and Increasing Demand From Emerging Markets


News provided by

RnR Market Research

25 Sep, 2015, 15:30 IST

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PUNE, India, September 25, 2015 /PRNewswire/ --

The Asia-Pacific pea protein market is estimated to grow at the highest CAGR of more than 9% during the review period, with increasing demand for pea proteins meat and beverage applications in the emerging markets such as India and China.

Complete report on pea protein market spread across 153 pages, profiling 10 companies and supported with 115 tables and 64 figures is now available at http://www.rnrmarketresearch.com/pea-protein-market-by-type-isolates-concentrates-and-textured-wet-and-dry-application-meat-extenders-analogs-snacks-bakery-products-nutritional-supplements-beverages-and-others-ge-market-report.html .

The pea protein market is driven by new advanced extraction technology development and rising vegetarian population. The key market players adopt strategic partnerships as their preferred strategy to sustain the competition in the market. R&D and patents in pea protein extraction has further driven the market. This research defines the pea protein market and segments it into food, beverage, segments with analyses and projections of the market size of each of these segments, in terms of value and volume. It also identifies the driving and restraining factors for the pea protein market with an analysis of trends, opportunities, burning issues, and challenges.

The pea protein market includes isolates, concentrates, and textured. The textured pea protein market was further sub-segmented as wet and dry depending on their extraction process. Pea protein is used in food applications such as meat extenders & analogs, snacks & bakery products, nutritional supplements, and beverages. To maintain a competitive edge in the pea protein market, the key players invest heavily in the development of new extrusion technology. The report provides a complete analysis of key companies and a chronology of developments with respect to new products and their applications. It also analyzes the market dynamics, winning imperatives, and issues faced by the leading players.

Companies profiled in this pea protein market research include A&B Ingredients, Axiom Foods, Inc., Burcon Nutrascience Corporation, Consucra-Groupe Warcoing, Farbest Brands, Nutri-Pea Limited, Roquette Freres, Shandong Jianyuan Foods Co., Ltd., Sotexpro and Scoular Company. Order a copy of Pea Protein Market by Type [(Isolates, Concentrates, and Textured (Wet and Dry)], Application (Meat Extenders & Analogs, Snacks & Bakery Products, Nutritional Supplements, Beverages, and Others), & Geography - Global Trends & Forecasts to 2019 research report at http://www.rnrmarketresearch.com/contacts/purchase?rname=213004 .

On a related note, Gluten-Free Products Market by Type (Bakery Products, Pizzas & Pastas, Cereals & Snacks, Savories, and Others), Source (Oilseeds & Pulses, Rice & Corn, Dairy & Meat Products, and Other Crops), & by Region - Global Trends & Forecast to 2020 says gluten-free products market has been significantly gaining importance among regions where wheat and barley are consumed such as the U.S., Europe, Canada, and Australia. The health benefits of gluten-free foods have also been recognized in developing regions such as Brazil, Argentina, and Mexico. The market for gluten-free products is projected to grow at a CAGR of 10.4% from 2015 to 2020, to reach USD 7.59 billion in 2020. In 2014, North America was the largest market which was followed by the European market. The U.S. was one of the leading markets for gluten-free products in the global market in 2014. Globally, the European market is projected to be the fastest-growing market from 2015 to 2020, in terms of value. The utilization of corn, rice, quinoa, and sorghum is expected to increase in the application of soups, sauces, breads, and pizza bases.

In terms of volume and value, the bakery products segment accounted for the largest market share in 2014due to the strong demand for gluten-free bakery products such as breads, cookies, crackers, and muffins. The cereals & snacks segment is projected to grow at the highest CAGR during the review period, both in terms of volume and value. Companies like Boulder Brands Inc., The Hain Celestial Group, Inc., Dr. Schär AG/SPA, Hero Group AG, General Mills, Inc., Raisio PLC, Farmo S.P.A, Kellogg's Company, Valeo Foods and The Kraft Heinz Company are profiled in this research available at http://www.rnrmarketresearch.com/gluten-free-products-market-by-type-bakery-confectionery-snacks-breakfast-cereals-baking-mixes-flour-meat-poultry-products-sales-channel-natural-conventional-geography-global-tren-market-report.html .

Explore more reports related to health and natural foods market at http://www.rnrmarketresearch.com/reports/food-beverage/food/health-natural-foods .

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