Pea Protein Market Will Hit Big Revenues In Future
According to the report “Pea Protein Market by Type (Isolates, Concentrates, and Textured), Form (Dry and Wet), Source (Yellow split peas, Lentils, and Chickpeas), Application, and Region (North America, Europe, APAC, South America and RoW) – Global Forecast to 2026″, published by MarketsandMarkets™, the market for pea protein is estimated at USD 844 million in...
Growth Strategies Adopted by Major Players in Pea Protein Market
The global pea protein market size is projected to grow from USD 745 million in 2020 to USD 1,400 million by 2025, in terms of value, recording a compound annual growth rate (CAGR) of 13.5%. In terms of volume, it is projected to grow from 237,363.6 tons in 2020 to 423,948.4 tons by 2025, recording a compound annual growth rate (CAGR) of 12.3% during the forecast period. The growing vegan population...
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...