Europe Pea Protein Market Overviews
The Europe Pea Protein Market size was valued at USD 190.83 Mn. in 2023 and the total Europe Pea Protein Market revenue is expected to grow at a CAGR of 11.13% from 2024 to 2030, reaching nearly USD 399.45 Mn.
Pea protein is a plant-based high-quality protein, rich in branched-chain amino acids, and easily available, cost-effective protein. Its well-balanced amino acid composition makes it a suitable preference among researchers. It has low allergenicity, higher digestibility, and lesser health controversy compared to soy protein. A mature pea on a dry basis, is comprised of 26% protein (of which 16-24% albumin and 50-55% globulin fraction).
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Europe Pea Protein Market Scope and Methodology:
The increased demand for plant-derived proteins has gained prime importance thanks to the higher ethical profile, increasing concern from animal welfare organizations for meat proteins, and increased exposure to animal-based protein greenhouse emissions has propelled the market growth in Europe. Surged in the Pea protein market as it possesses various health benefits including antioxidative, antihypertensive, anti-inflammatory, cholesterol-lowering, modulating gut microbiota activity, etc. has accelerated the market growth. Pea proteins are emerging and preferred as a crucial choice among manufacturers as compared to other proteins.
Europe Pea Protein Market Regional Insights
Germany holds the highest share of 32.80 % Pea Protein Market with a growing CAGR of 11.20%. Pea protein is used in pharmaceutical applications, edible film coating material, extruded products, food emulsifiers, food supplements, etc. According to Stellar Analysis, In 2023, Germany was the leading source of searches about veganism, followed by Austria and the UK. In metropolitan areas, consumers are choosing healthy food options such as natural and organic foods. Increased awareness of non-GMO and chemical-free foods is influencing the growth of naturally sourced protein powder in the global market. France is the fastest-growing country with a share of 15.10% with a CAGR of 10.50% during the forecast period.
Europe Pea ProteinMarket Segmentation
Based On Product, the Protein Isolate segment holds the highest market share of 75% with a growing CAGR of 12.10% during the forecast period. The occurrence of lifestyle-related health problems such as diabetes, allergies, and obesity has driven a shift towards vegetarian meals. The increase in demand for pea protein isolate in Europe owing to the it exhibits various properties such as emulsification, foaming, and water binding capacity The low purity pea protein isolate of 75% -80% has dominated the European pea Protein Market in 2023. Europe has experienced significant growth in the pea protein isolate market owing to the higher consumption of diets that contain high proteins.
Europe Pea Protein Market Key Players
Roquette Frères
Cosucra Groupe Warcoing SA
Ingredion Incorporated
The Scoular Company
Burcon NutraScience Corporation
Kerry Group
Emsland Group
Glanbia plc
Farbest Brands
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Key questions answered in the Europe Pea Protein Market are:
- What is Europe Pea Protein ?
- What was the Europe Pea Protein market size in 2023?
- What is the growth rate of the Europe Pea Protein Market?
- Which are the factors expected to drive the Europe Pea Protein market growth?
- What are the different segments of the Europe Pea Protein Market?
- What growth strategies are the players considering to increase their presence in Europe Pea Protein ?
- What are the upcoming industry applications and trends for the Europe Pea Protein Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Europe Pea Protein Market?
- Who are the leading companies and what are their portfolios in Europe Pea Protein Market?
- What segments are covered in the Europe Pea Protein Market?
- Who are the key players in the Europe Pea Protein market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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