According to a recent survey conducted by ChemView Consulting, the Global Textured Pea Protein Market grew at a CAGR of 6.1% between 2017-2021 and is estimated to be US$ 479.2 Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 6.9% and is expected to reach a valuation of US$ 933.9 Mn by 2032 end.
The Growth will be driven by increased demand for the product due to growing consumer awareness of healthy eating and active lifestyles. Furthermore, increasing product innovations in manufacturing that offer specific functions such as energy balance, weight loss, muscle repair and satiety are expected to create enormous market potential. It is extracted from several pea varieties, including chickpeas, and is available in a concentrated, textured, isolated form.
In recent years, the consumption of high-protein diets has increased rapidly due to the growing health consciousness of consumers around the world. Consumers are turning to packaged foods for nutrients due to their increasingly hectic lifestyles, creating huge opportunities for all sorts of alternatives, including pew protein powders. The main factors behind the adoption of . As a result, increasing consumer interest in sports nutrition products is also expected to drive the expansion of the pea protein market in the projected years.
Changing customer needs and growing interest in non-GMO, gluten-free, and hexane-free products are expected to fuel the research and development of the pea protein market, driving its growth. The cost of organic pea protein is highly dependent on the product manufacturing process, product characteristics and the cost of obtaining multiple licenses, creating opportunities for new entrants.
Pea protein is under threat of substitution by alternative ingredients such as hemp, soybeans and whey. Rice protein is another ingredient that is gaining attention worldwide. Nutritionally, both pea and rice proteins contain similar protein levels (typically 15-22 grams per 100-calorie serving), are gluten-free and allergy-friendly. Whey protein consumption is increasing due to its benefits. B. Stimulation of muscle growth and easy digestibility limit the use of pea protein, thereby hindering market growth.
Download a Free Sample Copy of Textured Pea Protein Market.
https://chemviewconsulting.com/request-sample/textured-pea-protein-market/
A list of some of the key suppliers present in the market are:
Report Coverage and Highlights
For More Details Visit our Report Page.
https://chemviewconsulting.com/reports/textured-pea-protein-market/
About ChemView Consulting:
ChemView Consulting is a leading market research firm in the Asia Pacific, with expertise in Chemicals & Materials, Food & Beverages, Packaging, Oil & Gas, New & Renewable Energy, and Disruptive Technologies. We are one of the top market intelligence firms specializing in business analytics with an expertise in the ever-growing chemicals industry. We track high-growth markets with innovative ideas and opportunities insights through B2B research.
Our client base ranges from industry experts, investors, top companies in the chemicals; and oil & gas industry to SMEs, start-ups, and new entrants. We have worked with over 100 companies to upscale their position as the global leader in the chemical & materials landscape with our cutting-edge analytics and advisory services.
USA Address
ChemView Consulting
276 5th Avenue Suite 704 – 3186
New York NY 10001
Contact No – +1 315 325 8157
Email ID – sales@chemviewconsulting.com
Overview and Scope Micro and nano PLCs are compact programmable logic controllers designed for small-scale…
Overview and Scope Metastatic melanoma therapeutics refers to the various treatment options available for patients…
Overview and Scope Gout therapeutics refers to medication that exerts therapeutic effects in treating the…
Overview and Scope A food blender and mixer are an electric culinary grinding and mixing…
Overview and Scope Metastatic cancer therapies are pharmaceuticals used to treat cancer that has spread…
Overview and Scope Extrusion sheet is a technique to create flat material sheets of consistent…