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Pea Protein Market Share

Report ID: GMI362
Published Date: Mar 2023
Report Format: PDF

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Pea Protein Market Share

The competitive landscape of the pea protein market consists of companies such as :

Cosucra-Groupe Warcoing
Burcon Nutrascience Corporation
Roquette Freres
Farbest Tallman Foods Corporation
Shandong Jianyuan Group
The Scoular Company
Sotexpro
Yantai Oriental Protein Tech Co., Ltd.
Fenchem
Prinova Group LLC
Glanbia Plc
Martin & Pleasance.

These firms are focusing on product launches and business expansions to boost their footprint in the global market. For instance, In August 2020, Cosucra Inc, a subsidiary of Cosucra Groupe Warcoing SA, Warcoing, Belgium introduced a range of pea-based ingredients in the North America region. The products included Pisane M9 pea protein, Swelite C pea cell-wall fiber, Pisane C9, and Pisane B9.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

The trend in the pea protein market is showing strong growth, with a projected CAGR of over 10.1% until 2032. This is due to the increasing demand for plant-based protein products, as consumers become more health-conscious and aware of the environmental impact of animal-based protein production.

Pea protein industry size from nutraceuticals application segment is expected to surpass USD 65 million by 2032, as a result of changing lifestyles and the adoption of healthy eating patterns.

Europe pea protein industry share will exhibit an 8.5% CAGR through 2023-2032, given the high intake of protein-rich baked goods.

Cosucra-Groupe Warcoing, Shandong Jianyuan Group, The Scoular Company, Sotexpro, Yantai Oriental Protein Tech Co., Ltd., Fenchem, Prinova Group LLC, Glanbia Plc, and Martin & Pleasance are some of the prominent players in the pea protein business.