What is pea protein and how does it benefit the body?

Pea belongs to the legume family which includes peanuts, beans, lentils, and soybeans. Pea protein is extracted from green and yellow peas and it is used in some protein supplements and protein-based food products. In addition, pea protein contains all the essential amino acids required for the human body's function. Pea protein helps to boost blood circulation, weight management, calcium absorption, improving muscle, and manage blood sugar. Pea protein is a pure vegan substance, lactose-free, and safe for those people who have allergies to dairy products and eggs. Moreover, the usage of pea protein in human food products has been steadily increased globally. The availability of pea protein, its physical and processing characteristics, nutritional value, and cheap cost have increased its application as a novel and effective alternative to substitute for soybean or animal proteins in functional foods. Therefore, vegetarians and vegans prefer pea protein products to supplements with protein derived from dairies, such as casein, whey proteins, eggs, or meat.

“Pea Protein Market size is projected to reach USD 1,450 Million units by 2027 from an estimated USD 735 Million unit in 2019, growing at a CAGR of 13.8% globally. ”

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The Major Players In The Pea Protein  Market Include:

Dupont,The Scoular Company,Emsland Group,Puris Foods,Rouquette Freres,Cargill Incorporated,Fenchem Inc.,Burcon Nutrascience,Nutri-Pea Ltd.,Ingredian Inc.,Axiom Foods Inc.,The Green Labs LLC.,Sotexpro SA,Shandong Jianyuan Group,Martin and Pleasance,Cosucra Group

Market has segmented the global Pea Protein  market on the basis of type, application, and region:

The Pea Protein  market is segmented by type and application. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.

By Type:

Isolate, Concentrate, And Textured

 By  Application:

Nutrition And Health Supplements,Bakery And Confectionery,Meat Products And Alternatives,Cereals And Snacks,And Beverages

 By Regional Outlook (Revenue, USD Billion, 2017 – 2028)

• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
• Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of South America)

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Covid-19 Impact and Recovery Analysis on Industry:

The COVID-19 pandemic has had devastating effects on several industry verticals globally. To constrain the number of cases and slow the coronavirus spread, various public health guidelines were implemented in different countries across the globe. COVID-19 protocols ranging from declaring national emergency states, enforcing stay-at-home orders, closing nonessential business operations and schools, banning public gatherings, imposing curfews, distributing digital passes, and allowing police to restrict citizen movements within a country, as well as closing international borders. With the growing vaccination rate, governments are uplifting the protocols to give a boost to the stagnant economy. Like other industries, Pea Protein  Market have experienced slowdown the growth, however market is expected bounce back as restrictions are being lifted up by governments across the globe. 

Key Important Features Which Are under Offering and Key Highlights of Pea Protein  Market Report:

– Detailed Summary of Market

– Changing market dynamics of this industry

– Forex marketplace segmentation with Type, Program etc.

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Reasons to Purchase this Report:

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors

• Provision of market value (USD Billion) data for each segment and sub-segment

• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled

• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players