Pea Protein Market Expected To Boost The Industry Growth At A CAGR 17.4% During 2019-2025 : Grand View Research Inc.
According to the latest report published by Grand View Research, Inc., the global pea protein market size reached up to USD 101.7 million in 2018 and is projected to exhibit a CAGR of 17.4% over the forecast period (2019-2025). Pea is a valuable part of both human and animal diet. Organic farming initiatives, growing demand for meat protein, and popularity of sports nutrition are providing an impetus to farmers for increasing their pea production and improve raw material availability. It helps in lowering blood pressure, regulate sugar levels, achieve weight loss, and minimize risk of kidney diseases, which is estimated to stimulate market growth in the forecast period. Owing to high nutritive quality, low cost, and good techno-functional properties, legume protein products are becoming more popular as an alternative to products of animal origin. Furthermore, growing concerns about lactose intolerance among infants and adults is driving industry expansion. A key drawback as...