Global Pea Protein Market: Plant-based nutrition expected to reach 208.8 million USD by 2031.
The global pea protein market, a powerhouse of plant-based nutrition, is poised for remarkable growth. The estimated sales in 2022 were approximately \$94.6 million, and this dynamic market is set to make significant leaps, reaching an estimated value of \$208.8 million by 2031. This impressive expansion is supported by a robust compound annual growth rate (CAGR) of 9.2% during the forecast period from 2023 to 2031. Pea protein, derived from peas, is a lactose-free plant-based protein that is taking the world by storm. It is available in various forms, including textured pea protein, pea protein concentrate, and pea protein isolate, emerging as a crucial alternative protein source for vegetarians and those who are lactose intolerant. Pea protein products offer a safe and nutritious alternative to traditional protein sources, such as almonds, soy, and peanuts, which may trigger allergic reactions in some individuals. For application methods, please check the [PDF download] button or apply directly through the related links.
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Overview of Segmentation The global pea protein market is classified based on application, type, form, and region. By Application Nutritional supplements Breads and pastries Meat products and alternatives Beverages Others By Type Pea protein isolates Pea protein concentrates Textured pea protein By Form Dry Liquid Major Companies: Yantai Shuangta Food Co Ltd A&B Ingredients Inc Glanbia Plc The Green Labs LLC Burcon NutraScience Corporation Cosucra Roquette Freres S.A. Puris GEMEF Industries Axiom Foods Inc
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