Global
Organic Pea Protein Market: Overview
The
global market for organic pea protein is observing a phase of an
exponential rise. The increasing demand for dietary supplements is
reflecting positively on this market. The rise in demand for bakery
product and health supplements is also propelling this market across
the world. Researchers predict this market to remain rising steadily
over the forthcoming years.
This
research study aims to offer a complete overview of the global market
for organic pea protein, taking its historical as well as current
performance in consideration. The driving factors, restraints,
prominent trends, challenges, opportunities, and the growth prospects
of this market have also been studied thoroughly in this market
report.
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Global
Organic Pea Protein Market: Trends and Opportunities
The
demand for flavored organic pea protein is much higher than its
unflavored counterpart. Vanilla and chocolate are the two types of
flavored organic pea protein available across the world. Among the
two, the chocolate flavored one is expected to report high growth
over the next few years.
Nutritional
ingredient in food and beverages, dietary supplement, and bakery and
snacks have surfaced as the key application areas of organic pea
protein, globally. Of these, the demand for organic pea protein is
likely to be strong in the nutritional ingredient in food and
beverage segment in the years to come.
Organic
pea protein is primarily sold at pharmacy stores, online retailers,
physical retailers, and via modern trade. Hitherto, physical
retailers are more prominent in this market; however, online
retailers are also building their way up gradually.
Global
Organic Pea Protein Market: Geographical Analysis
Eastern
Europe, North America, Western Europe, Asia Pacific, Latin America,
and the Middle East and Africa have been recognized as the main
regional segments of the global market for organic pea protein. With
high awareness among consumers regarding the benefits of organic pea
protein over the health of human beings, North America and Europe,
both Eastern and Western, have emerged as the leading regional
markets for organic pea protein across the world.
Going
forward, both the regional markets are likely to gain from the high
purchasing power of people, allowing them to spend on expensive food
supplements in the years to come. The increasing trend of
meal-on-the-go is also expected to propel the demand for organic pea
protein in these regional markets.
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Companies
mentioned in the research report
With
the presence of a large pool of international as well as regional
participants, the global market for organic pea protein demonstrates
a highly competitive landscape. At the forefront of this market are
Nutratech Ltd., The Green Labs LLC, Axiom Foods Inc., Pure Food Co.
LLC, Bioway (Xi'An) Organic Ingredients Co. Ltd., Now Foods, The
Scoular Co., and Viachem Inc.
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