 Global Pea Protein Market Growth 2019-2024
      Global Pea Protein Market Growth 2019-2024Pea protein is a food with a neutral taste that is used in dairy alternatives such as cheeses and yogurt. It is extracted from the yellow pea, Pisum sativum, and has a typical legume amino acid profile.
The pea protein industry has developed rapidly recent years, and the industry concentration is very high due to the high technology barrier. The global leaders are Roquette, and Cosucra. The production of the manufacturers listed in the report occupied for over 85% market share of global in 2016. The key players include Emsland Group, Roquette, Cosucra, Nutri-Pea, Shuangta Food, Oriental Protein Tech, Jianyuan Group, and others.  
On a global scale, the high-tech pea protein product is in the early stages of the global industrialization compared to other plant protein industry. The whole pea protein market is driven by the new protein extraction technology, advanced R&D initiatives, and rising vegetarian population.
Currently, the factors driving the growth of the aforementioned industry are Dietary Supplement, Beverage, pet food industry and others. As the demand increases rapidly for downstream industries, and the wider range of applications, the demand for pea protein will correspondingly increase. The increased consumption of pea protein is expected to continue during the remaining years of the forecast period of 2018-2023. Pea protein industry will usher in a rapid growth space.
Although the market prospect of pea protein is very good, but there is a potential threat. That is pea protein and pea starch shares the same production line. Strictly speaking, pea protein is a byproduct of pea starch. Although Europe produces a large amount of pea protein, large amount of pea starch was also produced and could not be consumed locally. the main areas of consumption of pea starch are in the Asia Pacific region. But the whole Asia Pacific region is not enough to consume the whole pea starch, which wastes the resource of pea processing. Therefore, the development of pea protein requires a balance between the two products.
There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability, such as Roquette. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. The competition in pea protein market will become more intense.
In China, Yantai Shuangta is the most advanced producer, has top pea protein extraction technology, the only circulating integrated industrial chain. There is no large competitor in pea protein market. In Shuangta Food, pea protein contains more than 80% protein, and applied in health care products, beverages and others.
According to this study, over the next five years the Pea Protein market will register a 11.8% CAGR in terms of revenue, the global market size will reach US$ 1160 million by 2024, from US$ 590 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Pea Protein business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Pea Protein market by product type, application, key manufacturers and key regions and countries.
This study considers the Pea Protein value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
    Pea Protein Isolates
    Pea Protein Concentrated
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
    Dietary Supplement
    Baked Goods
    Healthy Food
    Pet Food
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
        Spain
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
    Emsland Group
    Roquette
    Cosucra
    Nutri-Pea
    Shuangta Food
    Yantai Oriental Protein Tech
    Shandong Jianyuan Foods
    Shandong Huatai Food
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
    To study and analyze the global Pea Protein consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
    To understand the structure of Pea Protein market by identifying its various subsegments.
    Focuses on the key global Pea Protein manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
    To analyze the Pea Protein with respect to individual growth trends, future prospects, and their contribution to the total market.
    To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
    To project the consumption of Pea Protein submarkets, with respect to key regions (along with their respective key countries).
    To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
    To strategically profile the key players and comprehensively analyze their growth strategies.
Summary: 
Get latest Market Research Reports on  Pea Protein . Industry analysis & Market Report on  Pea Protein  is a syndicated market report, published as Global Pea Protein Market Growth 2019-2024. It is complete Research Study and Industry Analysis of  Pea Protein  market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.