Pea
protein has a variety of application in the food and beverage
industry. It is rich in essential nutrients and has an advantage of
functional characteristics with a large amount of amino acids. They
are segmented into concentrates, isolates and textured pea depending
on their protein content. They are used at meat extender, substitutes
and analogs. The global
pea protein market is anticipated to witness a dramatic growth in
its demand on account of rising concern for health and wellness among
the consumers in all corners of the world.
Changing
lifestyle of the consumers is the key factor driving the demand for
the global pea protein market. Adoption of a healthier lifestyle due
to the increasing concern for health and wellness among the consumers
across the world is pushing forward the demand for the global pea
protein market. In addition, the increasing concern towards lactose
intolerance levels is also driving the demand for the global pea
protein market. Expansion of the nutraceuticals industry and the
rising demand for gluten free products are also driving the global
pea protein market. In addition, the rising consumption of meat
substitutes, rising concern towards lactose intolerance levels and
the optimistic outlook on the sports nutrition market are some of the
major drivers for the global pea protein market.
Low
consumer awareness of pea proteins is a major factor inhibiting the
growth of the global pea protein market. Consumers are yet to be
aware of the positive effects of pea proteins. High cost of pea
proteins along with the growing demand for other plant proteins is
also restraining the market. Moreover, the rapid market penetration
of animal protein is also barring the growth of the global pea
protein market.
Technological
advancement in extrusion and processing is anticipated to serve as a
suitable opportunity to the global pea protein market. Rising market
for weight management products and the improved taste of texture pea
protein are also considered to be suitable opportunities for the
global pea protein market.
Enquiry
before Buying@
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=11126
By
product type, the global pea protein market has been segmented into
isolates, concentrates and textured pea protein. Isolates are used in
the formulation of meat substitutes because of its high content of
amino acids, high solubility, favorable water binding characteristics
and good emulsification. Moreover, isolates contain an approximate of
95% protein which makes them suitable for the sports nutrition
industry. Isolates are expected to record the fastest growth during
the forecast period. Owing to its fiber content similar texture to
that of meat, textured pea proteins are increasingly used in
beverages and dietary supplements. Concentrates are used in aquafeed,
beverages and food due to its high protein content.
By
product application, the global pea protein market has been segmented
into snacks and bakery products, meat extenders and analogs, dietary
supplements, beverages and others. The dietary supplements were the
largest segment in terms of revenue in 2014 and are expected to
maintain their position during the forecast period. Increasing
concern for health and wellness is expected to propel the growth of
the dietary supplements segment. However, meat substitutes are
expected to witness the fastest growth during the forecast period
owing to the rising concern for meat allergies resulting in the
technological development of textured products similar to that of
meat.
North
America was the largest market for pea proteins in 2014 accounting
for almost 35% of the total pea protein market. Asia Pacific is
expected to be the fastest growing market for pea proteins owing to
the rising consumption of nutrient rich food products.
A&B
Ingredients, Farbest Brands, Roquette Freres, The Scoular Company,
Axiom Foods Inc., Nutri-Pea Ltd., Sotexpro are some of the major
players operating in the global pea proteins market.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
No comments:
Post a Comment