Latest Innovation in Pea Protein Industry
Pea Protein Market Overview
The pea protein market size is expected to grow rapidly, with a CAGR of 11.9% reaching $2.9 billion by 2027. The industry’s rising understanding of the benefits of pea protein is estimated to be valued at $1.7 billion in 2022.
This exponential growth can be attributed to the increasing demand for plant-based protein sources and the recognition of pea protein...
Navigating the Regulatory Landscape of the Pea Protein Market: Opportunities and Challenges
The Pea Protein market is poised to scale new summits, with revenue estimates soaring to a remarkable USD 2.9 billion by 2027. This represents an impressive growth trajectory, with an anticipated annual compounded growth rate of 11.9% from the 2022 market value of USD 1.7 billion. As the demand for plant-based protein sources continues to surge, the Pea Protein market is carving a niche...
Increased Health Concerns and Changing Lifestyle to Drive Pea Protein Market in the Coming Years
Pea protein, as we know, is a food additive that mainly finds usage in various food applications such as bakery, beverages, and snacks. It also passes as a great alternative to protein, which is mainly derived from dairy products such as cheese and yogurt, thus being beneficial for people who are allergic to or intolerant to dairy products. Increasing consumer awareness about high nutritional value...