What is Yellow Pea Protein Market Scope?
Yellow pea protein is made by extracting protein from yellow split peas. It is also known as Pea Protein isolate. It is a high-quality protein and a good source of iron and other nutrients. It is great for muscle growth, weight loss, and heart health. It is one of the most Non-allergenic and has a high level of functionality therefore it can be utilized in a variety of foods and beverages where there is a need for protein enrichment. In culinary products, pea protein displays very good meat binding properties or even texture in different applications. It is largely used in bakery, meat, fish & eggs, and sports nutrition. Also, ready meals and cereals were in the top food and beverage product containing pea protein. Interestingly, the dairy category is booming with an increase of 90% of product launches in 5 years.
The Yellow Pea Protein market study is being classified by Type (Isolate, Concentrate and Textured), by Application (Baked Products, Infant/toddler Nutrition, Sports Nutrition Formulations, Snacks and Cereals and Encapsulation) and major geographies with country level break-up.
Research Analyst at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Yellow Pea Protein market throughout the predicted period.
Cargill Inc. (United States), Axiom Foods, Inc. (United States), The Scoular Company (United States), DuPont (United States), Glanbia Plc (Ireland), Kerry Group PLC (Ireland), Bata Food (Turkey), Roquette Frères (France), Shandong Jianyuan Group (China) and Cosucra Groupe Warcoing (Belgium) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Puris Proteins LLC (United States), Burcon NutraScience Corporation (Canada), The Green Lab LLC (United States) and Sotexpro S.A. (France).
Analyst at AMA have segmented the market study of Global Yellow Pea Protein market by Type, Application and Region.
On the basis of geography, the market of Yellow Pea Protein has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
In January 2020, Rouquette Freres has entered into a partnership with Beyond Meat to supply its pea protein for Beyond Meat’s line of plant-based meat products.
In August 2019, Cargill Inc. invested USD 75 million in Puris to boost the production of pea protein, starches, and fibers. This investment was made to increase the production of pea protein, starches, and fibers, benefitting the company to cater to the rising demand for food and beverage manufacturers globally.
Influencing Market Trend
- Growing Demand for Vegan Alternatives Along With Increased Awareness about the Benefits of Natural Ingredients
- Growing Interest in Vegetarian and Plant-Based Diets among Consumers
- Increasing Demand for Versatile, Non-GMO, and Clean-Label Products
- Increasing Distribution Reach in Asian Countries Owing To Less Demand
- Increase Volume Sales through Collaborations with Pet Food Manufacturers
- High Cost Of Processing and Extraction
- Low Production of Yellow Split Pea
- People with Sodium-Restricted Diet Should Be Cautious Due To High Sodium Content
Key Target AudienceYellow Pea Protein Manufacturers, Raw Material Suppliers, Food Processing Industry, Research Institutes, End-User Industries and Others
Customization available in this Study:The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research & Media features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.