Market Research Insights

  San Francisco, 3 Sep 2024:  The Report  Pea Protein Market  Size, Share & Trends Analysis Report By Product (Isolates, Concentrates), By Form (Dry, Wet), By Source, By Application (Food & Beverages, Animal Feed), By Region, And Segment Forecasts, 2024 - 2030 The global pea protein market size is expected to reach USD 4.71 billion by 2030, expanding at a CAGR of 12.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. The demand for pea protein is anticipated to be driven by several factors such as functional benefits, its suitability for individuals with food allergies and dietary restrictions, and growing preference for plant-based diets due to health and environmental concerns. Pea protein is naturally free from common allergens such as dairy, soy, and gluten. This factor has contributed to its popularity among people with food allergies, sensitivities, or dietary restrictions. Additionally, pea protein is often non-g...

  San Francisco, 19 April 2021:   The Report  Pea Protein Market  Size, Share & Trends Analysis Report By Product (Hydrolysate, Isolates, Concentrates, Textured), By Application (Meat Substitutes, Dietary Supplement, Bakery Goods), By Region, And Segment Forecasts, 2021 - 2028 The global pea protein market size is projected to reach USD 554.9 million by 2028 registering a CAGR of 12.7% over the forecast period, according to a new report by Grand View Research, Inc. The market is majorly driven by rising health consciousness among consumers coupled with increasing product demand from the nutraceutical industry. The nutraceutical supplements industry is evolving and has a dynamic space that offers lucrative opportunities to merge rising consumer interest and scientific discovery to enhance human health. As this industry tracks consumer trends, nutraceutical products directly respond to consumer buying behavior/habits, thereby encouraging promine...

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...

San Francisco, 22 February 2019 : The Report PeaProtein Market Analysis By Product (Isolates, Concentrates, Textured), By Form (Dry, Liquid), By Application (Meat Substitutes, Bakery Goods, Dietary Supplements, Beverage), And Segment Forecasts, 2018 – 2025 The global pea protein market is expected to reach USD 313.5 million by 2025, according to a new report by Grand View Research, Inc. Increasing consumption of gluten-free products for treatment of celiac disease is expected to boost the pea proteins demand during the forecast period. Rising concerns over non-celiac gluten sensitivity is expected to result in rising consumption of gluten-free foods and is hence anticipated to positively impact the industry growth. Furthermore, the popularity of maintaining a gluten-free diet (GFD) owing to reduced carbohydrate intake and stimulation of weight loss is anticipated to propel the use of pea proteins over the forecast period. Increasing importance of maintaining a ...