Global Organic Pea Protein Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
“Global Organic Pea Protein Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz. The global organic pea protein market report has been segmented on the basis of product type, form type, brand, application, and region.
Global Organic Pea Protein Market: Overview
Pea protein are powdered concentrated protein substance (aka pea protein isolate) that is produced by grinding dried peas and excluding starch and fiber contents. Pea protein products are widely used as clean lean proteins due to their high nutritional value and clean/hygienic production process.
Global Organic Pea Protein Market: Dynamics
Increasing preferences for organic products in bodybuilding is a major factor supporting growth of the target market across the globe. The organic protein products are widely consumed by individuals and are prescribed by the pharmacist to overcome low protein content in body. Rising preference for pea protein shakes as pea protein powder has high protein content. The organic pea protein powder is a great fit for almost all diet as it is naturally vegan and hypoallergenic. These factors are expected to drive growth of the global market over the forecast period.
Moreover, increasing government initiatives for organic farming among multiple countries and rising vegan population across the globe is expected to boost growth of the target market in the near future. In addition, growing awareness regarding high nutritional benefits offered by pea powder among individuals across the globe is expected to proliferate growth of the global market in the next 10 years.
However, stringent rules and regulations associated with production of organic pea protein and high cost associated with organic protein products across the globe are major factors expected to restraint growth of the global organic pea protein market to a certain extent.
Global Organic Pea Protein Market: Segment Analysis
On the basis of type, the dry segment is expected to dominate in the global market, owing to easy maintenance and storage, ease of use, and high lifespan as compared to inorganic protein products.
In the application segmentation, the dietary supplements segment is expected to dominate in the global market, owing to high consumption of organic pea protein by individuals as a nutritional supplement across the globe.
Global Organic Pea Protein Market: Regional Analysis
The market in Europe is expected to grow at the highest revenue share in the global market over the forecast period, owing to high presence of protein ingredient manufacturers in countries in the region. In addition, increasing awareness regarding non-allergic property and non-genetically modified (GMO) characteristics of organic pea protein that have proven beneficiary for consumers suffering from lactose and gluten intolerance is expected to support growth of the organic pea protein market in the North America over the forecast period.
Increasing availability of organic foods via various distribution channel and high availability through local distributors is expected to drive the Asia Pacific market. In addition, high consumption of nutritional supplements and increasing preferences towards weight management among individuals is driving the Asia Pacific organic pea protein market during the forecast period.
Global Organic Pea Protein Market Segmentation:
Segmentation by Product Type:
Segmentation by Form Type:
Segmentation by Brand:
- Purispea Protein
- Veg-O-Tein Protein
Segmentation by Application:
- Dietary Supplements
- Meat Extenders & Analogs
- Snacks & Bakery Products
- Other (Confectionery, Meat-based Products, etc.)
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Zelang Group
- Farbest Brands
- Axiom Foods, Inc.
- AIDP, Incorporated
- The Green Labs LLC
- Phyto-Therapy Pty Ltd
- The Scoular Company
- World Food Processing, L.L.C
- Bioway (Xian) Organic Ingredients Co., Ltd.
- Shaanxi Fuheng (Fh) Biotechnology Co., Ltd.
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