#Pea Protein Market Size
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Pea Protein Market By Glorious Opportunities, Business Growth, Size, And Statistics Forecasts Up To 2032
According to the recent FMI report, the pea protein market size is anticipated to cross a value of US$ 204.5 Million in 2032. As per the pea protein market analysis report, currently, its net worth is around US$ 65 Million, and it is expected to grow at an impressive CAGR of 11.8% approximately between 2022 and 2032.
Over the past few years, consumption of a diet high in protein content has rapidly increased as a result of rising health consciousness among consumers globally. Consumers are driven to hunt for nutrients in packaged food products because of their increasingly hectic lifestyles creating a huge opportunity for all types of alternatives, including pew protein powder. The main factors driving the adoption of a pea protein-rich diet are the expanding fitness habits, especially among millennials, and the increased prevalence of chronic illnesses brought on by altered lifestyles. Growing consumer interest in sports nutrition products as a result of growing knowledge about bone and muscle health is also anticipated to drive the pea protein market expansion during the forecast years.
Pea Protein Market Size is Getting Fuelled by Customers' Conscientious Efforts to Eat Healthy: Future Market Insights, Inc.
The needs of customers that are shifting, and a growing focus on goods that are non-GMO, gluten-free, and hexane-free are anticipated to drive R&D in the pea protein market and drive its growth. The cost of the organic pea protein is largely influenced by the product’s production process, the characteristics of the created product, and the cost of obtaining numerous permits resulting in favorable opportunities for the new entrants.
Key Takeaways from the Pea Protein Market Study:
Pea protein isolate is the most popular product type of this market sector making it the largest segment with a share of more than 50% of total sales
In 2021, North America accounted for about 44% of global revenue, dominating the pea protein industry worldwide.
The demand for the textured pea protein in meat processing is expected to expand as a result of the existence of key meat product companies in the U.S., including JBF, Tyson, National Foods, and Cargill.
“In the upcoming years, the Asia Pacific pea protein market is anticipated to grow at the fastest rate due to the rising demand for functional food products that are fortified with nutrients.”—opines an expert at FMI.
Download In-depth Report Sample@ https://www.futuremarketinsights.com/reports/sample/rep-gb-697 Competitive Landscape
US, France, Spain, U.K., and Germany, Italy are the major countries driving demand for Pea Protein Market. The name of some of the renowned pea protein market key players are Burcon Nutrascience, Roquette Freres, The Scoular Company, DuPont, Cosucra Groupe Warcoing SA, Nutri-Pea Ltd., Shandong Jianyuan Group, Sotexpro SA, Ingredion, Inc., Axiom Foods, Inc., Fenchem Inc., and Martin & Pleasance.
Get Valuable Insights into Pea Protein Market
FMI, in its new offering, provides an unbiased analysis of Pea Protein Market presenting historical demand data (2017-2022) and forecast statistics for the period from (2022-2032). The study divulges compelling insights on the demand for Pea Protein based on by Nature (Organic, Conventional), Product Type (Protein Concentrates, Protein Isolates, Textured Protein, Hydrolysed Protein), End Use (Food Processing, Animal Feed, Nutraceuticals, Sports Nutrition, Infant Nutrition, Cosmetic and Personal Care), by Region (North America, Latin America, Europe, East Asia, South Asia, Oceania, Middle East and Africa )
About the Food & Beverage Division at Future Market Insights
Expert analysis, actionable insights, and strategic recommendations – the food & beverage team at Future Market Insights helps clients from all over the globe with their unique business intelligence needs. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analysed the food & beverage industry lucidly in 50+ countries for over a decade. The team provides end-to-end research and consulting services; reach out to explore how we can help.
Pea Protein Market by Category
By Nature:
Organic
Conventional
By Product Type:
Protein Concentrates
Protein Isolates
Textured Protein
Hydrolyzed Protein
By End Use:
Meat Alternatives
Bakery Products
Confectionery
Snacks & Cereals
Meat-Based Products
Functional Beverages
Others
Cattle
Swine
Poultry
By Region:
North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East and Africa (MEA)
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The Global Pea Protein Market is projected to grow at around 8% CAGR during the forecast period, i.e., 2022-27. The growth of the market is likely to be driven primarily by the mounting food requirements of the exponentially rising population globally, increasing consumer preference toward nutrient-rich food like pea protein for an active lifestyle, and an escalating number of vegan population inclining purely on plant-based food products.
#Pea Protein Market#Pea Protein Market size#Pea Protein Market growth#Global Pea Protein Market#Pea Protein Market industry
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Pea Protein Industry in Europe Gains Momentum with Health and Sustainability Trends
Europe Pea Protein Market Overview
The Europe Pea Protein Market is projected to expand significantly over the next five years, fueled by increasing consumer interest in plant-based diets and sustainable food sources. The market, which is valued at USD 204.5 million in 2024, is expected to reach USD 317.60 million by 2029, reflecting a robust compound annual growth rate (CAGR) of 9.20% during the forecast period.
Pea protein, extracted from yellow peas, has gained popularity as a plant-based alternative to animal proteins. It is known for its nutritional benefits, being rich in amino acids, iron, and easily digestible protein. As consumers increasingly focus on health, wellness, and ethical consumption, the demand for pea protein is rising across Europe, particularly within the food, beverage, and nutraceutical sectors.
Key Trends in the Europe Pea Protein Market
Shift Toward Plant-Based Diets European consumers are progressively embracing plant-based lifestyles, whether for health reasons, environmental concerns, or animal welfare. The demand for protein alternatives has surged as more people turn to flexitarian, vegetarian, and vegan diets. Pea protein, with its functional and nutritional properties, fits perfectly into this growing trend.
Rising Demand for Clean Label Products Consumers are increasingly seeking clean-label food products—those that are natural, minimally processed, and free from artificial ingredients. Pea protein is seen as a clean, sustainable alternative to soy and whey proteins, appealing to health-conscious shoppers who prioritize transparency in their food choices.
Growth in Sports Nutrition The sports nutrition industry has shown a strong inclination toward plant-based protein sources, with pea protein emerging as a key ingredient in protein powders, bars, and supplements. Its digestibility and muscle recovery benefits make it a preferred choice for athletes and fitness enthusiasts looking for dairy-free options.
Sustainability Driving Innovation With growing awareness of environmental sustainability, the European food industry is exploring eco-friendly protein sources. Pea protein has a lower environmental impact compared to animal-based proteins, making it a sustainable alternative that aligns with Europe’s broader goals of reducing carbon footprints in the food sector.
Increased Investment in R&D Innovation in pea protein formulations is accelerating, with companies investing in research and development to improve texture, taste, and functionality. Advances in processing technologies are making pea protein more versatile and palatable, helping to expand its applications in a variety of food products, from plant-based meats to dairy alternatives.
Challenges in the Europe Pea Protein Market
Despite its strong growth potential, the Europe pea protein market faces several challenges. One significant hurdle is the higher production cost of pea protein compared to conventional animal proteins and other plant-based alternatives like soy. This can limit its affordability for consumers and reduce its competitive edge in price-sensitive markets.
Moreover, sensory issues such as taste and texture can be a barrier to consumer acceptance. Pea protein tends to have a somewhat earthy flavor, which can be difficult to mask in food products. However, ongoing advancements in food science are improving the sensory profile of pea protein, making it more appealing to a wider audience.
Lastly, the market is competitive, with other plant-based proteins such as soy, rice, and hemp vying for market share. To stay competitive, pea protein manufacturers need to focus on product differentiation and communicate its unique benefits effectively.
Conclusion
The Europe pea protein market is poised for significant growth, driven by rising demand for plant-based diets, sustainability, and clean-label products. While challenges such as higher production costs and sensory issues persist, ongoing innovations are improving the appeal of pea protein. With growing applications in food, beverages, and sports nutrition, pea protein is set to become a key player in Europe’s evolving plant-based protein market
#europe pea protein market#europe pea protein market size#europe pea protein market share#europe pea protein market trends#europe pea protein industry
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#global#Yellow pea protein market#yellow pea protein market size#yellow pea protein market share#yellow pea protein market growth#yellow pea protein market forecast
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Pea Protein is extracted from seeds of the plant ‘Pisum sativum’ also known as Split Pea. The advantage of using pea protein is that it is a hypo allergen. Egg protein and wheat protein are slowly being replaced with Pea Protein because it being gluten free and rarely cause allergies to the consumer.
#Pea Protein Ingredients Market#Pea Protein Ingredients Market share#Pea Protein Ingredients Market size
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How to follow a Mediterranean Greek diet
The Mediterranean diet naturally expands throughout the coastal countries of South Europe, North Africa and the Middle East but there are some small differences between their cuisines. So here I am writing specifically about the Greek version of the Mediterranean diet, known for its delicious, natural flavours and its significant health benefits.
Eat daily:
Olive oil: the pillar, the liquid green gold of the Mediterranean Greek diet. Olive oil should be used ideally exclusively for all purposes. It's dressing salads, it's used in cooking and in fact it's traditionally what is used in frying too. Replace all types of oils, butter and margarine with olive oil even when making pastries. The only problem here is that outside of the Mediterranean basin olive oil can be pricey, however that's the foundation the diet is based on. If you are interested in following the traditional Greek diet for taste or health purposes, it is good to really incorporate olive oil in your daily cooking. If it’s not possible to afford buying olive oil all the time (although you could balance it out by not buying other oils and butter), a non-Greek-typical but equivalent alternative could be avocado oil. However, I doubt avocado oil or any other oil can remotely compare to olive oil in health properties, taste or in any other positive quality 🫒
Vinegar: Just like olive oil, vinegar is a very important ingredient and is also used in natural remedies However, it can hurt a sensitive GI tract if consumed in large portions. A little bit of it added to meals frequently is very healthy. Apple cider vinegar is also very loved and used in salads often 🍇
Vegetables: no portion can be too much (wild greens, garlic, onions, cauliflowers, cucumbers, eggplants, beets, peppers, spinach, artichokes, zucchini, peas, lettuce, the list never ends). Tomatoes and broccoli are recent additions to the Greek diet however they were integrated perfectly to the Greek cuisine. In general, all vegetables can be enjoyed freely with some moderation in the potatoes, especially when fried 🥗
Fruits: grapes, berries, apples, melons, cherries, figs, prunes, sour cherries, peaches, pomegranates are the most historically loved fruits in the Greek diet. Since the middle ages citruses like the orange, the lemon and the mandarin are more and more loved. Greeks nowadays use lemon almost more than vinegar and both have become integral components of the Greek diet. Obviously, tropical fruits like, say, banana, mango, grapefruit are not present in the traditional Greek diet, however all fruits are good fruits and you can enjoy them freely 🍎
Legumes. Eat freely to the tolerance of your body. Legumes can be too heavy for some GI tracts. Legumes are a great source of protein and fibre. Choose brown lentils, white beans, fava beans, chickpeas, giant beans and black eyed peas the most 🫘
Nuts, seeds: almonds, walnuts, sunflower seeds, peanuts etc. Eat as much as your body can take, because everybody is different 🥜
Mushrooms: mushroom it up! A great healthy way to have them is grilled with herbs and plain or apple cider vinegar dressing 🍄🟫
Whole grains: this is the traditional way to eat grains. Brown bread, oats, whole wheat pasta 🌾
Fish and seafood: find and eat them fresh. Instead of buying them deep frozen from the big markets, find local fish stores if your place is coastal and has them. Eat both large but especially small and medium sized fish. Some fish like salmon and tuna should ideally not be consumed daily due to their high levels of mercury and fats 🐟🎣🍤
Herbs and spices. Feel free to use as much as you want however if you are interested also in the flavours of the Greek diet besides the health benefits, a tip is that Greek dishes do not contain extremely hot spices 🌿
Water: A lot of water daily and, mind you, plain clear mineral water. No flavoured water, definitely not sparkling water and ideally no other liquids in place of the water. I mean, sure you can have liquids but you should ALSO have plain water 💧
Eat a few times per week:
Poultry: Poultry and lean meats entered the Greek cuisine mostly after the Middle Ages however they are nowadays enjoyed as part of the Greek Mediterranean diet because they are tasty and healthier than other types of meat. Chicken has become especially popular in the Greek cuisine. Other birds are the pheasant, the quail, the turkey and more sparsely the duck 🍗
Eggs: eggs are healthy and should be consumed a few times per week but not daily because they can cause a rise in cholesterol levels 🥚
Dairy: Greeks LOVE dairy products, especially the various types of cheese, however they are often irritating to the GI tract and they are linked with rises in the level of inflammation in the body. This is why you should ideally limit them to a few times per week. One exception is the yoghurt, which is fermented and can be perhaps consumed more frequently due to its beneficial properties. Important note: if you want to follow the Greek diet, you should ideally opt for milk and other dairy products from goats and sheep! Cow milk is not traditionally used in the Greek cuisine often and sheep and goat milk are significantly healthier and more nutritious. The only drawback is the stronger smell, however if you can get past that, it is strongly advised to switch to those instead of cow milk. Another note: what is known as “Greek yoghurt” in western countries is not in fact a true Greek yoghurt. What you call Greek yoghurt is to us simply a strained yoghurt, a yoghurt from which the whey has been removed. Sometimes in western markets (and in Greek “modern” dessert yoghurt products) butterfat and powdermilk is added to them and they are mostly made of cow’s milk. Again, a traditional Greek yoghurt is made of sheep, goat milk or a mix of both and is unstrained. It also has a trademark thickened skin on its top (dunno if this is the actual term lol) which is in fact the part of the yoghurt that contains the most nutrients and personally it’s the tastiest part of the yoghurt but apparently it is not for everyone. As an example, a study showed that an unstrained sheep yoghurt has more protein, more omega-3 fatty acids and minerals yet fewer calories and fats than a strained cow yoghurt 🍦🧀
Wine: in small portions, like a small glass up to a few times per week and always in combination with your meal. You don’t drink it to get hammered, you drink it for the health benefits it has in very moderate quantities and for the reasonable mild euphoria it causes before it becomes harmful. The GI tract is linked to the brain and is detrimentally influenced by negative emotions. This is why it is important to try to be in a good mood, relaxed and peaceful when you sit down to eat. A sip of wine now and then can be good for that 🍷
Eat once per week or ideally less:
Red meat like pork or beef. In fact, beef should be the one most avoided not only because it is indeed the rarest of the common meats used in traditional Greek cuisine but also because you can’t separate the fat from the meat as easily as with pork. To follow the Greek style in a healthy way opt for goat, then lamb or pork and make beef your most occasional meat dish 🥩
Processed meats should be eaten rarely. If you are in a mood for it though, opt for Greek style sausages with herbs in or bacon at most. Cured meats like ham are better to be avoided but turkey is the healthiest of them. They are not a part of a traditional Greek cuisine though.
Refined grains can be enjoyed weekly but should not replace whole grains
Pastries. What’s new, pastries are not ideal for health. However, if you are yearning for something sweet, if you want to keep it healthy as much as possible in the “Greek way”, opt for desserts made of healthy ingredients like honey, nuts, olive oil and fruits. Chocolate came to Greece in the 19th century, however it has become an integral part of confectionery since then. Opt ideally for dark chocolate, combined with nuts or fruits such as oranges and prunes. Greeks especially love chocolate combined with nuts.
Soft and sugary drinks. Avoid them overall, especially the processed products in the markets. If you need a sweet drink really bad, you can keep it traditional by making your own sweet lemonade, sour cherry, pomegranate etc drink at home. You could also enjoy small quantities of lemon or mastic liquors which are good for digestion.
BONUS TIPS & PHILOSOPHY:
Try to find mastic if it’s available where you live. The mastic is a resin produced from the mastic tree, a species endemic to the Greek island of Chios and a small part of the opposite coast of Turkey. It has numerous beneficial properties, especially for digestion and gut health, and it combines them with a very pleasant fresh and sweet flavour. You can find it in gums that boost digestion, in drinks, in pastries and even in non-edible products like toothpastes. Learn about it and give it a try, no matter if you are interested in following Greek diet or not.
Greek cuisine does not go berserk on as many ingredients as possible (however Greeks typically add more ingredients than, say, Italians and perhaps fewer than the Middle Easterners). Don’t worry about adding as many foods and nutrients in one single dish. The most important thing in Greek cuisine philosophy is to pick the finest ingredients. Avoid deep frozen or precooked and processed ingredients. Pick whole fruits and vegetables from your local small grocery store. For example, don’t buy a watermelon slice in a zelatin bag from the supermarket. Take the whole freaking watermelon home. You heard me right. It’s heavy, yes, but you would be surprised how much tastier and healthier it is this way. Go to the butcher for meat. Go to the specific cheese shop for cheese. Go to the fisherman for fish and seafood. Go to the pastry shop and get a nice dessert instead of buying candies from the market.
Remember that in moderation you can eat most of the foods you desire, especially if they are not processed foods. There is nothing about the Greek diet that is restrictive in terms of its philosophy - historically the intake of various foods was regulated only based on availability and price. There are no foods you should limit due to any perception of them being “bad” and you should never feel guilty the moment you are actually having the food. Just work slowly and progressively by building gradual appreciation for healthy foods and prize less nutritious foods as occasional taste bud rewards.
As said above, a good mood is crucial when you sit down to eat. In the history of the Greek society this translated into eating with friends and / or family, maybe with the occasional sip of wine, ideally in a pleasant environment and always taking your time with your food. If some of these are less feasible than others, try alternatively to improve the setting in which you eat, to eat in an environment that calms you down. Schedule your meal so that you won’t eat in anxiety or hurry, if this is possible. Think of pleasant memories and feel grateful for your food. Cheers! Or, you know, εις υγείαν!
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People
Hunger Has Natural Causes, Right?
Despite the fact that the world produces 1.5 times as much food as is needed to feed the human population, starvation and famine are endemic to modern capitalism. 900 million people die from starvation each year, but there is no global shortage of land to grow food. The UN estimates that there is enough land to feed a world population of 14 billion people. But what is it being used for? As in the ‘developed’ North, large landowners control the vast majority of land. In 83 countries, 3% of farmers control 79% of farmland, much of it left unused in order to maintain profits. Big Food made over $7bn profit from the South in 1990, and probably far more through transfer payments. It uses its economic power to force down the prices of rice, coffee, sugar, cocoa and cotton. Average prices in 1989 were 20% down on those of 1980. This led to an increase in foreign debt for Southern countries, with consequent increased economic hardship for the poor majority (higher taxes, inflation, etc.). Brazil has an area of farmland the size of India left uncultivated while 20 million rural poor are landless; the richest 1% owns 15 times as much land as the poorest 56% of Brazilian farmers. In Guatemala, 2% of landowners own 66% of the land. In the Philippines agribusiness producing sugar, cotton and pineapples for export has pushed 12 million peasants into the lowland forests.
Drought in Africa is part of a millennia-long cycle that human societies adapted to. It is cash crop exploitation, the market economy and taxation that produce starvation, not drought. During the 1970s, when famines first began to be reported regularly, ships that brought relief supplies to the port of Dakar left carrying peanuts, cotton, vegetables, and meat. In Bangladesh, often cited as the model for the Malthusian argument, 90% of the land is worked by sharecroppers and labourers. Many starved after the 1974 floods, while hoarders held on to four million tons of rice. In the mid-80’s severe famines occurred in the Sahel countries of Burkina Faso, Mali, Niger, Senegal and Chad yet during the same period record harvests of cotton were exported to the industrial centres of the world.
Cash crops go to feed the global supermarket, yielding higher profits for international capital and accelerating global industrialisation. Mexican soil and labour supplies almost 70% of the US market for much winter and early spring vegetables. The result is that agriculture for local consumption is squeezed out and the prices of staple foods rise. Up to 50% of total meat production in Central America is exported, mainly to North America. The “Green Revolution” of the 1970s and 1980s, that the ruling class said would feed the hungry, has in fact only supplied the global supermarket. The same will certainly be true of the ‘wonder crops’ of the GM revolution. The corporate claims that GM and industrial food production in general will ‘feed the world’ are straightforward lies. The maize/soya/ animal product system they are pushing so heavily is not a rational way to produce food — an acre of cereal is estimated to produce 5 times as much protein as one devoted to meat production, an acre of legumes (beans, peas, lentils) 10 times as much and an acre of leafy vegetables 15 times as much.
#hunger#humans#world hunger#classism#ecology#climate crisis#anarchism#resistance#community building#practical anarchy#practical anarchism#anarchist society#practical#revolution#daily posts#communism#anti capitalist#anti capitalism#late stage capitalism#organization#grassroots#grass roots#anarchists#libraries#leftism#social issues#economy#economics#climate change#climate
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Alternative Proteins Market Companies: Growth, Share, Value, Size, and Insights
"Alternative Proteins Market Size And Forecast by 2029
The global size of the Alternative Proteins Market has witnessed substantial growth in recent years, supported by increasing adoption across industries and regions. Market share dynamics highlight the dominance of key players while showcasing the emergence of new entrants. The market’s scope extends across multiple applications, making it a pivotal area of focus for stakeholders looking to capitalize on emerging trends and opportunities.
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Which are the top companies operating in the Alternative Proteins Market?
The Top 10 Companies in Alternative Proteins Market include well-established names that lead the industry with their innovative products and strong market presence. These companies are recognized for their quality, reliability, and ability to meet the evolving needs of consumers. each known for their significant contributions and competitive strategies that drive growth and maintain their leadership in the industry.
**Segments**
- **Type**: The alternative proteins market can be segmented based on type into plant-based proteins, insect-based proteins, mycoprotein, algae protein, and others. Plant-based proteins are witnessing a significant surge in demand due to factors such as environmental concerns, health benefits, and ethical considerations among consumers.
- **Source**: Another crucial segmentation of the market is based on the source of alternative proteins, including soy, wheat, pea, canola, and others. Soy proteins are one of the most commonly used alternative protein sources, primarily due to their widespread availability and versatility in various food products.
- **Application**: The application segment divides the market into food and beverages, pharmaceuticals, animal feed, and others. The food and beverage industry dominates this segment, with the rising adoption of plant-based meat substitutes and dairy alternatives.
- **Distribution Channel**: Lastly, the alternative proteins market can be segmented based on the distribution channel, such as direct sales, supermarkets/hypermarkets, online retail, specialty stores, and others. Online retail channels are experiencing rapid growth, offering convenience and a diverse range of alternative protein products to consumers.
**Market Players**
- Beyond Meat, Inc. - Impossible Foods Inc. - Archer Daniels Midland Company - Cargill Incorporated - DuPont - Ingredion Incorporated - Maple Leaf Foods - Kerry Group - PURIS - The Meatless Farm Co. - Tyson Foods, Inc. - Conagra Brands, Inc.
The global alternative proteins market is witnessing robust growth driven by the increasing awareness among consumers regarding the health and environmental benefits of alternative protein sources. Lifestyle changes, dietary preferences, and concerns about animal welfare are leading to a shift towards plant-based and other alternative proteins. Major players in the market are investing in research and development to introduce innovative products and expand their market presence. Additionally, strategic partnerships, acquisitions, and collaborations are further shaping the competitive landscape of the alternative proteins market.
For more insights, visit: https://www.databridgemarketresearch.com/reports/global-alternative-proteins-marketThe global alternative proteins market is experiencing a paradigm shift fueled by a growing consumer inclination towards sustainable, healthier, and ethically sourced protein options. Plant-based proteins, in particular, have emerged as a frontrunner in this market due to their lower environmental impact, health benefits, and alignment with ethical considerations. Consumers are increasingly seeking out alternatives to traditional animal-derived proteins, propelling the demand for plant-based protein sources such as soy, wheat, pea, and canola.
In addition to plant-based proteins, other segments like insect-based proteins, mycoprotein, and algae protein are also gaining traction as innovative and sustainable protein sources. The diversity in protein types allows for a broad range of applications across industries such as food and beverages, pharmaceuticals, and animal feed. The food and beverage sector, in particular, is witnessing a surge in the adoption of alternative proteins, driven by the rising popularity of plant-based meat substitutes and dairy alternatives.
Distribution channels play a crucial role in reaching consumers with alternative protein products. The rise of online retail channels has provided a convenient platform for consumers to access a diverse array of alternative protein products. Direct sales, supermarkets/hypermarkets, and specialty stores also continue to be important distribution channels for alternative protein products, catering to different consumer preferences and shopping behaviors.
The competitive landscape of the alternative proteins market is characterized by the presence of key players who are actively investing in research and development to introduce innovative products and enhance their market share. Companies like Beyond Meat, Impossible Foods, Cargill, and Tyson Foods are at the forefront of product innovation and market expansion strategies. Strategic partnerships, acquisitions, and collaborations are prevalent in the market as companies seek to leverage synergies and strengthen their competitive positions.
Overall, the global alternative proteins market is poised for continued growth as consumer awareness regarding the benefits of alternative protein sources continues to rise. Changing dietary patterns, environmental concerns, and a shift towards sustainable and ethical consumption are driving the demand for innovative protein alternatives. With evolving consumer preferences and a dynamic competitive landscape, the market is primed for further advancements and opportunities for market players to capitalize on the growing trend towards alternative proteins.**Segments**
The Global Alternative Proteins Market is experiencing a significant shift towards organic products, emphasizing natural and sustainable sourcing. Consumers are increasingly opting for organic alternative protein sources due to health and environmental reasons, driving the demand for organically produced products in the market. The market segmentation based on Product Type reveals a diverse landscape, including alternative proteins, insect protein, mycoprotein, cultured meat, and other innovative protein sources. Insect protein is emerging as a promising category due to its high nutritional value, sustainability, and potential applications across various industries. The Form segmentation highlights the importance of offering alternative proteins in both dry and liquid forms to cater to different manufacturing and consumption needs. The Application segment illustrates the versatile nature of alternative proteins, showcasing their use in food and beverages, animal feed, pharmaceuticals, personal care, cosmetics, and other sectors, indicating the broad spectrum of opportunities for market growth and expansion.
**Market Players**
- Glanbia plc. (Ireland) - Now Health Group, Inc. (U.S.) - Nutiva Inc (U.S.) - The Simply Good Food Co (U.S.) - Iovate Health Sciences International Inc. (Canada) - MusclePharm Corporation (U.S.) - Kerry Group Plc (Ireland) - CytoSport, Inc. (U.S.) - The Nature's Bounty Co. (U.S.) - Reliance Vitamin Company, Inc. (U.S.) - Herbalife Nutrition, Inc. (U.S.) - Danone SA (France) - General Nutrition Centers (GNC) Holdings, Inc. (U.S.) - Orgain Inc. (U.S.) - True Nutrition (U.S.)
The Global Alternative Proteins Market is witnessing a steady rise in demand, driven by shifting consumer preferences towards healthier, sustainable, and ethically sourced protein options. The market players listed above are actively contributing to this growth through product innovation, strategic partnerships, and expanding their market presence globally. With a focus on providing organic and innovative protein solutions, these companies are aligning with the evolving consumer trends and capturing opportunities in the alternative proteins market.
The industry trends in the Global Alternative Proteins Market indicate a growing inclination towards diverse product offerings and applications. The introduction of products like cultured meat showcases the continuous evolution and technological advancements in the alternative proteins sector. As consumer awareness regarding the environmental impact of traditional protein sources increases, the market is expected to witness a surge in demand for organic, sustainable, and innovative protein products across various industries.
Moreover, the forecast for the Global Alternative Proteins Market points towards a promising future, with projected growth driven by factors such as increasing health consciousness, environmental sustainability goals, and the rise of plant-based diets. With a focus on meeting consumer demands for natural, nutritious, and ethical protein sources, market players are poised to capitalize on the opportunities presented by the evolving landscape of the alternative proteins industry. By embracing category-specific trends and product diversification, companies can position themselves for success and contribute to the continued expansion of the alternative proteins market on a global scale.
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Key Insights from the Global Alternative Proteins Market :
Comprehensive Market Overview: The Alternative Proteins Market is expanding rapidly, driven by innovation and growing global demand across key regions.
Industry Trends and Projections: Automation, sustainability, and digital transformation are key trends, with strong growth projected over the next few years.
Emerging Opportunities: New growth opportunities are emerging in eco-friendly technologies and untapped regional markets.
Focus on R&D: Companies are heavily investing in R&D to develop next-gen technologies like AI, IoT, and sustainable solutions.
Leading Player Profiles: Market leaders, such as Company A and Company B, dominate due to strong portfolios and global distribution.
Market Composition: The market is fragmented, with both large corporations and emerging startups driving innovation.
Revenue Growth: The market is experiencing steady revenue growth, driven by both consumer demand and industrial applications.
Commercial Opportunities: Key commercial opportunities lie in expanding into emerging markets and forming strategic partnerships.
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Pea Protein: The Backbone of the Plant-Based Movement
The global pea protein market size is expected to reach USD 4.71 billion by 2030, expanding at a CAGR of 12.1% from 2024 to 2030, according to a new report by Grand View Research, Inc. The demand for pea protein is anticipated to be driven by several factors such as functional benefits, its suitability for individuals with food allergies and dietary restrictions, and growing preference for plant-based diets due to health and environmental concerns.
Pea protein is naturally free from common allergens such as dairy, soy, and gluten. This factor has contributed to its popularity among people with food allergies, sensitivities, or dietary restrictions. Additionally, pea protein is often non-genetically modified, which appeals to consumers seeking natural and clean-label products.
The increasing prevalence of health issues such as obesity and diabetes, particularly among younger generations, has resulted in a growing preference for vegan diets. Furthermore, animal rearing negatively impacts natural resources and contributes to global warming to some extent. Although this impact has not been precisely measured, it is widely acknowledged, and awareness of this factor has encouraged the adoption of a more plant-based diet, thus boosting the meat substitutes market. As a result, pea protein as a meat substitute is expected to become more prevalent during the forecast period due to its excellent texturing properties, which make it suitable for use in the production of meat products such as chicken, beef, lamb, and mutton.
Pea proteins offer several functional benefits for bakery applications, including water holding capability, gelation, and increased browning, particularly in gluten-free applications. Besides, using pea proteins in bakery goods also replaces potential allergens such as gluten or soy. The increased health consciousness among consumers is prompting bakery manufacturers to introduce products with functional ingredients to increase their health appeal. This changing consumer pattern is anticipated to benefit the market over the forecast period.
Pea protein is fortified as a texturing agent in baked goods, including cakes, dressings, and desserts due to its fibrous content and gluten-free properties. Over the past few years, continuous expansion in retail chains by baked goods manufacturers, including Tesco (U.K.) and Carrefour (France) in the European market, has played a crucial role in promoting the demand for cakes and desserts. This favorable trend will provide an upswing for the pea protein industry as a texturing agent in the baked goods industry over the forecast years.
Pea proteins are rich in all nine essential amino acids and iron and are good for muscle building and heart health. Pea protein is fortified and added in nutritional tablets, syrups, soups, energy powders and cereal bars for providing health benefits such as enhancing muscle and bone growth and regulating blood sugar levels. Rising demand for sports nutrition products due to increasing awareness towards muscle improvement among athletes is expected to fuel pea protein demand in beverages such as energy drink-mix powders in the near future. Pea protein ingredients will be used in fortifying energy drinks, fruit juices, vegetable mix juices, and liquid solutions.
Technological advancements in the pea protein industry, such as improved extraction and processing techniques, enhanced purification, functional property optimization, and innovation in product development, are driving its growth. These advancements enable higher production efficiency, improved product quality, expanded application possibilities, and address sustainability concerns, fueling the increasing demand for pea protein.
Pea Protein Market Report Highlights
Based on products, pea protein isolates dominated the market with a 49.9% share in 2022 owing to their high protein content, excellent amino acid profile, and versatile applications. Pea protein isolates are highly purified and contain a high concentration of protein, making them desirable for various industries such as food and beverage, sports nutrition, and dietary supplements
Based on form, dry pea protein dominated the market with a revenue share of 67.3% in 2022 due to its versatility in applications, ease of storage and transportation, and the increasing demand for plant-based and vegan products
Based on source, yellow split peas dominated the market with a revenue share of 76.8% in 2022 due to their wide availability, favorable nutritional & functional properties, mild flavor profile, and growing demand for plant-based protein alternatives
Based on application, food & beverages dominated the market with a share of 39.6% in 2022, owing to the increasing demand for plant-based and vegan products, functional benefits in various food applications, and consumer preferences for allergen-friendly and sustainable ingredients
The North America region dominated the market with a revenue share of 33.1% in 2023, due to strong food and beverage industry, and favorable government regulations promoting plant-based diets
Pea Protein Market Segmentation
Grand View Research has segmented the global pea protein market based on product, form, source, application, and region:
Pea Protein Product Outlook (Revenue, USD Million, Metric Tons, 2018 - 2030)
Isolates
Concentrates
Textured
Hydrolysates
Pea Protein Form Outlook (Revenue, USD Million, Metric Tons, 2018 - 2030)
Dry
Wet
Pea Protein Source Outlook (Revenue, USD Million, Metric Tons, 2018 - 2030)
Yellow Split Peas
Others
Pea Protein Application Outlook (Revenue, USD Million, Metric Tons, 2018 - 2030)
Food & Beverages
Meat substitutes
Bakery goods
Dietary supplements
Beverages
Others
Personal Care & Cosmetics
Animal Feed
Others
Pea Protein Regional Outlook (Revenue, USD Million, Metric Tons, 2018 - 2030)
North America
US
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Sweden
Netherlands
Asia Pacific
China
Japan
India
Australia & New Zealand
South Korea
Central & South America
Brazil
Argentina
Middle East & Africa
South Africa
List of Key Players
Burcon
Roquette Frères
The Scoular Company
DuPont
Nutri-Pea
Shandong Jianyuan Group
SOTEXPRO
Axiom Foods, Inc.
FENCHEM
Martin & Pleasance
The Green Labs LLC.
Order a free sample PDF of the Pea Protein Market Intelligence Study, published by Grand View Research.
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The Plant-Based Protein Beverages Market is projected to grow from USD 1080.3million in 2024 to an estimated USD 2332.61million by 2032, with a compound annual growth rate (CAGR) of 10.1% from 2024 to 2032.In recent years, the global food and beverage industry has witnessed a seismic shift toward healthier and more sustainable options. Among these trends, plant-based protein beverages have emerged as a dynamic and fast-growing category, appealing to consumers seeking nutritious, eco-friendly, and ethical alternatives to traditional dairy and animal-based protein drinks. With increasing consumer awareness about health, wellness, and environmental sustainability, the plant-based protein beverages market is poised for remarkable growth in the coming years.
Browse the full report at https://www.credenceresearch.com/report/plant-based-protein-beverages-market
Market Overview
Plant-based protein beverages are drinks made from plant-derived protein sources such as soy, almond, oat, pea, hemp, rice, and coconut. These beverages are marketed as functional and convenient options for individuals looking to supplement their protein intake without relying on animal products. The market encompasses a wide array of products, including protein shakes, smoothies, ready-to-drink (RTD) options, and fortified non-dairy milk.
The global market for plant-based protein beverages was valued at approximately USD 9.6 billion in 2022 and is projected to reach USD 15.8 billion by 2028, growing at a compound annual growth rate (CAGR) of over 8% during the forecast period. This impressive growth is driven by factors such as rising veganism, increasing lactose intolerance among consumers, and the surging demand for clean-label and organic products.
Key Market Drivers
Rising Health Consciousness: The increasing awareness of the health benefits of plant-based diets is a significant driver for the market. Plant-based protein beverages are often low in saturated fat, free from cholesterol, and rich in essential nutrients, making them attractive to health-conscious consumers.
Environmental Sustainability: Compared to animal-based protein production, plant-based alternatives have a lower environmental footprint, requiring fewer natural resources and producing fewer greenhouse gas emissions. As concerns over climate change grow, consumers are gravitating toward sustainable choices, fueling market growth.
Dietary Preferences and Allergies: With a growing prevalence of lactose intolerance and milk allergies, plant-based protein beverages provide a viable alternative for individuals seeking dairy-free options. Additionally, the rise of flexitarian and vegan diets has expanded the consumer base.
Innovations and Product Development: Manufacturers are investing heavily in research and development to improve the taste, texture, and nutritional profile of plant-based protein beverages. Innovations such as protein blends, fortified drinks with added vitamins and minerals, and new flavors are enhancing consumer appeal.
Challenges in the Market
While the growth prospects are promising, the plant-based protein beverages market faces certain challenges:
Taste and Texture: Some consumers still perceive plant-based protein beverages as having an off-putting taste or chalky texture. Overcoming this perception remains a priority for manufacturers.
Price Sensitivity: Plant-based protein beverages are often priced higher than their traditional counterparts, which can deter price-sensitive consumers.
Competition from Dairy and Animal-Based Proteins: Traditional dairy-based protein drinks and whey protein products continue to dominate the market, posing stiff competition to plant-based alternatives.
Future Outlook
The future of the plant-based protein beverages market looks exceptionally bright. Trends such as personalized nutrition, clean-label products, and hybrid beverages combining plant and dairy proteins are expected to shape the market’s trajectory. Moreover, the integration of advanced processing technologies and sustainable packaging solutions will further enhance product quality and market appeal.
As consumers continue to prioritize health, sustainability, and ethical consumption, the plant-based protein beverages market is well-positioned to capitalize on these shifting preferences. For businesses and investors, this market represents a lucrative opportunity to innovate and capture a share of the growing demand for plant-based nutrition.
Key Player Analysis:
Nestlé
PepsiCo
Danone
Unilever
Orgain
Ripple Foods
Oatly
Blue Diamond Growers
Hain Celestial Group
SunOpta
Vega
Segmentations:
By Product
Ready-to-Drink (RTD) Beverages
Powder-Based Protein Drinks
Concentrate-Based Beverages
By Source
Soy Protein
Pea Protein
Rice Protein
Hemp Protein
Almond Protein
By Distribution Channel
Supermarkets and Hypermarkets
Online Retail
Convenience Stores
Health & Specialty Stores
By Category
Conventional
Organic
By Region
North America
U.S.
Canada
Mexico
Europe
UK
France
Germany
Italy
Spain
Russia
Belgium
Netherlands
Austria
Sweden
Poland
Denmark
Switzerland
Rest of Europe
Asia Pacific
China
Japan
South Korea
India
Australia
Thailand
Indonesia
Vietnam
Malaysia
Philippines
Taiwan
Rest of Asia Pacific
Latin America
Brazil
Argentina
Peru
Chile
Colombia
Rest of Latin America
Middle East
UAE
KSA
Israel
Turkey
Iran
Rest of Middle East
Africa
Egypt
Nigeria
Algeria
Morocco
Rest of Africa
Browse the full report at https://www.credenceresearch.com/report/plant-based-protein-beverages-market
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Credence Research
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Pea Protein Market: Trends and Future Growth Prospects
The global pea protein market size is expected to reach USD 4.71 billion by 2030, expanding at a CAGR of 12.1% from 2024 to 2030, according to a new report by Grand View Research, Inc.
The demand for pea protein is anticipated to be driven by several factors such as functional benefits, its suitability for individuals with food allergies and dietary restrictions, and growing preference for plant-based diets due to health and environmental concerns.
Pea protein is naturally free from common allergens such as dairy, soy, and gluten. This factor has contributed to its popularity among people with food allergies, sensitivities, or dietary restrictions. Additionally, pea protein is often non-genetically modified, which appeals to consumers seeking natural and clean-label products.
The increasing prevalence of health issues such as obesity and diabetes, particularly among younger generations, has resulted in a growing preference for vegan diets. Furthermore, animal rearing negatively impacts natural resources and contributes to global warming to some extent. Although this impact has not been precisely measured, it is widely acknowledged, and awareness of this factor has encouraged the adoption of a more plant-based diet, thus boosting the meat substitutes market. As a result, pea protein as a meat substitute is expected to become more prevalent during the forecast period due to its excellent texturing properties, which make it suitable for use in the production of meat products such as chicken, beef, lamb, and mutton.
Gather more insights about the market drivers, restrains and growth of the Pea Protein Market
Pea Protein Market Report Highlights
• Based on products, pea protein isolates dominated the market with a 49.9% share in 2022 owing to their high protein content, excellent amino acid profile, and versatile applications. Pea protein isolates are highly purified and contain a high concentration of protein, making them desirable for various industries such as food and beverage, sports nutrition, and dietary supplements
• Based on form, dry pea protein dominated the market with a revenue share of 67.3% in 2022 due to its versatility in applications, ease of storage and transportation, and the increasing demand for plant-based and vegan products
• Based on source, yellow split peas dominated the market with a revenue share of 76.8% in 2022 due to their wide availability, favorable nutritional & functional properties, mild flavor profile, and growing demand for plant-based protein alternatives
• Based on application, food & beverages dominated the market with a share of 39.6% in 2022, owing to the increasing demand for plant-based and vegan products, functional benefits in various food applications, and consumer preferences for allergen-friendly and sustainable ingredients
• The North America region dominated the market with a revenue share of 33.1% in 2023, due to strong food and beverage industry, and favorable government regulations promoting plant-based diets
Browse through Grand View Research's Nutraceuticals & Functional Foods Industry Research Reports.
• The global fish powder market size was valued at USD 9.10 billion in 2024 and is projected to grow at a CAGR of 6.5% from 2025 to 2030.
• The global mussel oil and powder market size was valued at USD 185.4 million in 2024 and is projected to grow at a CAGR of 8.0% from 2025 to 2030.
Pea Protein Market Segmentation
Grand View Research has segmented the global pea protein market based on product, form, source, application, and region:
Pea Protein Product Outlook (Revenue, USD Million, Metric Tons, 2018 - 2030)
• Isolates
• Concentrates
• Textured
• Hydrolysates
Pea Protein Form Outlook (Revenue, USD Million, Metric Tons, 2018 - 2030)
• Dry
• Wet
Pea Protein Source Outlook (Revenue, USD Million, Metric Tons, 2018 - 2030)
• Yellow Split Peas
• Others
Pea Protein Application Outlook (Revenue, USD Million, Metric Tons, 2018 - 2030)
• Food & Beverages
o Meat substitutes
o Bakery goods
o Dietary supplements
o Beverages
o Others
• Personal Care & Cosmetics
• Animal Feed
• Others
Pea Protein Regional Outlook (Revenue, USD Million, Metric Tons, 2018 - 2030)
• North America
o U.S
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Sweden
o Netherlands
• Asia Pacific
o China
o Japan
o India
o Australia & New Zealand
o South Korea
• Central & South America
o Brazil
o Argentina
• Middle East & Africa
o South Africa
Order a free sample PDF of the Pea Protein Market Intelligence Study, published by Grand View Research.
#Pea Protein Market#Pea Protein Market Analysis#Pea Protein Market Report#Pea Protein Market Size#Pea Protein Market Share
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A Comprehensive Review of MTR Khatta Dhokla Mix
In the world of quick and easy cooking, ready-to-make mixes have carved a niche for themselves, catering to the ever-busy modern lifestyle. One such product that has consistently captured the hearts of Indian households is the MTR Khatta Dhokla Mix. This mix promises the authentic taste of traditional Gujarati dhoklas with the convenience of a pre-packaged solution. But does it live up to its claims? Let’s dive into an in-depth review to find out.
Packaging and First Impressions
The first thing that stands out about the MTR Khatta Dhokla Mix is its vibrant red packaging, a signature of MTR Foods. The packaging is designed to catch your eye on a supermarket shelf, with an appetizing image of soft and fluffy dhoklas right on the front. The pack provides detailed instructions, making it easy even for first-time users to whip up a delicious batch of dhoklas. Additionally, the package is sturdy and resealable, ensuring the mix stays fresh for future use.
Ingredients and Nutritional Value
One of the key highlights of MTR products is their commitment to quality. The MTR Khatta Dhokla Mix contains a blend of rice flour, black gram flour, edible vegetable oil, salt, citric acid, and sodium bicarbonate. The absence of artificial preservatives is a big plus, making it a healthier option compared to many other ready mixes in the market.
Nutritionally, dhoklas made from this mix are a great low-calorie snack option. High in protein and relatively low in fat, they make for a balanced dish that aligns well with a health-conscious lifestyle. A 100g serving of the mix contains around 366 calories, which is reasonable given the portion size and the accompanying ingredients.
Preparation Process
Preparing dhoklas using the MTR Khatta Dhokla Mix is a straightforward process, even for those new to cooking. Here’s a step-by-step guide based on the instructions provided:
Mixing: Combine the contents of the pack with water and whisk thoroughly to create a smooth batter. Allow the batter to rest for a few minutes to ensure proper activation of the ingredients.
Steaming: Pour the batter into a greased tray and steam it in a dhokla steamer or a pressure cooker without the whistle for 12-15 minutes.
Tempering: Once the dhokla is cooked and cooled, prepare a tempering using mustard seeds, curry leaves, green chilies, and sesame seeds. Pour the tempering over the dhokla for that authentic Gujarati flavor.
Serving: Cut the dhoklas into square pieces and garnish with freshly chopped coriander and grated coconut.
The entire process takes around 20-25 minutes, making it an ideal choice for a quick snack or a light meal.
Taste and Texture
The real test of any ready mix lies in its taste and texture, and the MTR Khatta Dhokla Mix does not disappoint. The dhoklas turn out soft, fluffy, and spongy, with a perfect balance of tanginess that’s characteristic of traditional khatta dhoklas. The slight sourness, derived from the citric acid in the mix, pairs beautifully with the tempering’s spiciness and aroma.
Unlike some other ready mixes that can leave a bitter aftertaste due to overuse of leavening agents, this mix maintains a clean and authentic flavor profile. The texture is light and airy, making it an excellent accompaniment to chutneys or as a standalone snack.
Versatility
While the MTR Khatta Dhokla Mix is designed to make traditional dhoklas, its versatility allows for creative experimentation. Here are a few ways to elevate your dhokla game:
Masala Dhokla: Add chopped vegetables like carrots, peas, and bell peppers to the batter for a nutritious twist.
Sandwich Dhokla: Layer the dhokla with mint chutney or a spicy garlic chutney to create a flavorful sandwich-style snack.
Fried Dhokla: Leftover dhoklas can be diced and stir-fried with mustard seeds, curry leaves, and a dash of asafoetida for a crispy delight.
Value for Money
Priced competitively, the MTR Khatta Dhokla Mix offers excellent value for money. One pack is sufficient to serve a family of four, making it a budget-friendly option for those looking to enjoy a traditional dish without the hassle of preparing it from scratch.
Pros and Cons
Pros:
Quick and easy to prepare
Authentic taste and texture
High-quality ingredients
No artificial preservatives
Affordable and easily available
Cons:
Requires a steamer or pressure cooker for best results
Slightly sour flavor may not appeal to everyone’s palate
Final Verdict
The MTR Khatta Dhokla Mix is a delightful addition to any kitchen pantry, especially for those who enjoy traditional Indian snacks but lack the time for elaborate preparations. Its ease of use, authentic taste, and versatility make it a go-to option for busy households, as well as for beginners looking to try their hand at Indian cooking.
Whether you’re hosting a tea party, preparing a light dinner, or simply craving a quick snack, this ready mix ensures you can enjoy fluffy, flavorful dhoklas in no time. With MTR’s trusted brand reputation backing it, the MTR Khatta Dhokla Mix is a must-try for every food enthusiast.
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Pea Protein Industry Trends: USD 3.7 Billion Forecast by 2029
The pea protein industry is experiencing significant growth in recent years, driven by various factors such as increasing consumer demand for plant-based protein sources, rising awareness regarding the health benefits of pea protein, and growing preference for vegan and vegetarian diets. The pea protein market size is estimated at USD 2.1 billion in 2024 and is projected to reach USD 3.7 billion by 2029, at a CAGR of 12.0% from 2024 to 2029. Pea protein is derived from yellow peas and is known for its high protein content, as well as being gluten-free and hypoallergenic, making it suitable for a wide range of dietary needs.
What’s Driving the Pea Protein Boom in Europe? A Closer Look at Key Trends
The burgeoning wave of the Europe pea protein market is driven by the continent’s food & beverage industries embracing the multifunctional applications of this plant-based compound. Active participation in global trade amplifies the accessibility of pea protein, facilitating its flow across borders and supporting industries with diverse applications.
European countries play crucial roles in global trade, both as importers of raw materials and exporters of finished products. The demand for pea protein in Europe affects international trade dynamics, influencing production, pricing, and supply chains worldwide.
Know about the assumptions considered for the study
Additionally, Europe’s emphasis on environmental awareness and sustainability initiatives has put the region at the forefront. The increasing awareness of environmental sustainability prompts consumers to seek alternative protein sources with lower environmental footprints.
Pea protein production requires fewer natural resources and emits fewer greenhouse gases compared to animal-based proteins, aligning with the preferences of eco-conscious consumers.
Pea Protein’s Global Impact: The Nutritional Benefits Fueling Consumer Demand
The global popularity of plant-based foods surged in 2020, driven by a wave of innovative products like bakery items, plant-based lattes, and vegan burgers. Even McDonald’s joined the trend with their McPlant menu. This surge coincided with the COVID-19 pandemic lockdowns, which led many to prioritize health and wellbeing. As reported by New Food Magazine, plant-based food sales skyrocketed by 243%, with a significant 14% increase in consumer preference for meat-free and dairy-free options.
Pea protein powder has emerged as a key player in this trend. Its ability to boost protein content in shakes, smoothies, and energy drinks makes it highly versatile. Being naturally vegan and hypoallergenic, pea protein caters to a wide range of dietary needs. Rich in iron and high-quality protein, pea protein is linked to several health benefits, including promoting muscle growth, aiding in weight loss, and supporting heart health. Studies suggest that pea protein, particularly from yellow peas, can even help lower cholesterol and blood pressure without straining the kidneys. These promising health benefits are expected to further propel the growth of the global pea protein market.
How Pea Protein is Revolutionizing Plant-Based Nutrition?
Complete Protein Source: Pea protein contains all nine essential amino acids, making it a complete protein source. This is significant for plant-based diets, as it provides a comparable amino acid profile to animal-derived proteins, supporting muscle growth, repair, and overall health.
Sustainability: Pea protein is considered more sustainable than animal-derived proteins, as peas require fewer natural resources like water and land to cultivate compared to livestock farming. Its cultivation also has a lower environmental impact in terms of greenhouse gas emissions and land use, contributing to sustainable food production practices.
Versatility: Pea protein is highly versatile and can be incorporated into a wide range of food and beverage products, including plant-based meats, dairy alternatives, protein bars, snacks, and beverages. Its neutral flavor profile and functional properties make it adaptable for various culinary applications without compromising taste or texture.
Allergen-Friendly: Pea protein is hypoallergenic and gluten-free, making it suitable for individuals with common food allergies or intolerances. This expands the accessibility of plant-based protein options to a broader consumer base, including those with dietary restrictions.
Health Benefits: Pea protein offers numerous health benefits, including support for muscle growth and recovery, weight management, and cardiovascular health. It is low in fat, cholesterol-free, and contains bioactive compounds such as antioxidants and phytonutrients that contribute to overall well-being.
Pea Protein Industry Trends:
Rising Demand for Plant-Based Protein: With the growing awareness of the environmental impact of animal agriculture and concerns about animal welfare, many consumers are shifting towards plant-based diets. Pea protein offers a sustainable alternative to animal-derived proteins.
Health and Wellness Trends: Pea protein is perceived as a healthy and nutritious protein source. It is low in fat, cholesterol-free, and contains essential amino acids. As health-conscious consumers seek out products with clean labels and natural ingredients, pea protein fits the bill.
Expansion of Product Offerings: Food and beverage manufacturers are incorporating pea protein into a wide range of products, including plant-based meat alternatives, dairy alternatives, sports nutrition products, and snacks. This diversification of applications is driving the demand for pea protein.
Technological Advancements: Advances in food processing technologies have improved the taste, texture, and functionality of pea protein, making it more appealing to consumers and suitable for a broader range of food applications.
Pea Protein Industry Leaders: A Look at the Key Manufacturers
Roquette Frères (France): Leading the Way in Sustainable and Nutritious Plant-Based Ingredients
Roquette Frères is one of the industry leaders in manufacturing plant-based ingredients and proteins. It caters to biopharma, pharma and nutraceuticals, cosmetics, food and nutrition, animal nutrition, and industrial markets. Its product offerings include pea proteins and pea starch. The company offers pea protein under the Nutralys brand, which has binding, thickening, gelling, and texturizing properties.
Make an Inquiry to Address your Specific Business Needs
The company operates through 25 industrial sites offering its products in more than 100 countries across the Asia Pacific, Europe, North America, and South America. Roquette America Inc. (US), Roquette Co. Ltd. (China), Roquette Ltd. (UK), Roquette Korea Ltd. (Korea), and Roquette CH SA (Switzerland) are some of the subsidiaries of the company.
ADM (US) Global Impact: Connecting Alternative Protein Solutions Across 190 Countries
The Archer-Daniels-Midland Company (ADM) is a leading American multinational with 75 years of experience in alternative proteins and flavors. Known for its expertise in human and animal nutrition, ADM excels in food and beverage, health, supplements, and animal nutrition. The company operates through four main product segments: Agricultural Services and Oilseeds, Carbohydrate Solutions, Nutrition, and Other Businesses.
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Plant-based Flavour Market Trends Drive Innovation, Sustainability, and Competitive Pricing in Growing Industries
The plant-based flavour market has seen tremendous growth over recent years, as more consumers shift toward plant-based diets. With an increasing emphasis on sustainability, health-conscious eating, and ethical sourcing, plant-based alternatives have made significant inroads in the food and beverage sector. This shift is not only driven by changing consumer preferences but also by innovations in flavour technologies and production processes. As the market continues to grow, pricing trends will play a key role in shaping the landscape of plant-based products.
Drivers of Plant-Based Flavour Demand
The rise in demand for plant-based flavours is deeply connected to the global move towards more sustainable, healthier lifestyles. Traditional flavouring systems derived from animal sources or artificial ingredients are facing intense competition from plant-based counterparts. For instance, plant-based proteins like soy, pea, and hemp are increasingly replacing animal proteins in products like burgers, sausages, and dairy-free milk alternatives. This shift requires brands to incorporate new, innovative flavours that replicate traditional animal-based products, further propelling the growth of the plant-based flavour sector.
Additionally, consumer demand for clean-label products, devoid of artificial additives and preservatives, is influencing flavour formulation trends. The pursuit of organic, non-GMO, and natural ingredients has also amplified the desire for plant-based alternatives, further motivating flavour producers to develop products from plant-based sources.
Key Pricing Influences in the Plant-Based Flavour Market
Raw Material Sourcing The cost of sourcing plant-based raw materials is a significant factor in flavour pricing. Many plant-based ingredients, such as fruits, vegetables, herbs, and spices, require specialized sourcing, transportation, and processing methods to maintain quality. Due to seasonality and climate conditions, the supply of certain plant-based ingredients can be erratic, affecting their prices. For instance, the price of natural vanilla or exotic fruits used in flavouring can fluctuate due to factors like weather conditions, demand, and labor shortages.
Technological Advancements The development of new extraction and processing techniques is significantly improving the quality of plant-based flavours. However, the costs associated with these technologies may lead to higher production prices. For instance, the increased adoption of plant fermentation technology for flavour extraction often requires specialized infrastructure, which might add to overall production costs. Despite this, technological innovation in plant-based flavour extraction can ultimately bring long-term cost benefits by improving yield, increasing product consistency, and reducing waste.
Economies of Scale As plant-based products gain popularity and manufacturers scale up production, economies of scale play a critical role in pricing dynamics. Larger volumes of plant-based flavours and ingredients can lead to reductions in cost per unit, ultimately driving prices lower. However, small and medium-sized enterprises (SMEs) may face higher production costs due to limited access to large-scale manufacturing facilities. As the market matures, we may see further price reductions with increased production capacity and advancements in supply chain logistics.
Regulatory Factors A critical component influencing pricing in the plant-based flavour market is the regulatory environment. Stringent regulations governing plant-based labelling, product authenticity, and food safety standards in different countries can have an impact on production and certification costs. For instance, ensuring that ingredients are certified organic or non-GMO often requires additional audits and paperwork, which adds to the overall cost of manufacturing plant-based flavours.
Competition and Market Saturation The plant-based flavour market is quickly becoming crowded, with multiple brands launching new plant-based products targeting different consumer preferences. This heightened competition often results in price wars and attempts to reduce manufacturing costs, putting pressure on flavour companies to innovate while balancing the cost of raw materials. Despite the competition, companies that can maintain high-quality standards while effectively managing their supply chain and production methods are likely to achieve success in a dynamic market.
Future Outlook
With plant-based diets expected to continue growing, the demand for plant-based flavours will also increase. As the market matures, we anticipate more competitive pricing driven by advancements in flavour production and technology. New consumer bases, especially in emerging markets, will continue to unlock fresh growth potential, pushing companies to refine their strategies.
With ongoing concerns about sustainability, ethical sourcing, and a growing preference for clean-label products, it’s clear that the plant-based flavour market will be a key player in shaping the future of the food and beverage industry. From 2025 onward, these trends will become even more pronounced, with improved processes and cost reductions eventually benefiting both brands and consumers alike.
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India Plant Protein Market Analysis, Growth, Report 2023-2030
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated India Plant Protein Market size by value at USD 427.9 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects India Plant Protein Market size to expand at a CAGR of 5.9% reaching a value of USD 629.9 million by 2030. The Plant Protein Market in India is propelled by abundant and diverse protein sources like soybeans, rice, peas, and wheat. The surge in the market growth is further amplified by the rising popularity of vegan and vegetarian lifestyles, particularly among internet-savvy youth influenced by vegan influencers. Over a million Indians have adopted plant-based diets, and younger generations increasingly opt for plant-protein-fortified foods over dairy products. A 2019 survey indicated that 63% of Indian respondents were open to replacing meat with plant-based alternatives. Companies like Evolved Foods and Schouten are introducing innovative products, such as vegan alternatives and tempeh, to meet the growing demand for plant protein.
Sample Request: https://www.blueweaveconsulting.com/report/india-plant-protein-market/report-sample
Opportunity – Government’s Increasing Support and Regulations
Government of India increasing support for alternative proteins, including plant-based proteins, presents a significant growth opportunity for the Plant Protein Market. At a recent food safety summit, Health Minister JP Nadda emphasized the need for regulatory reform to accommodate novel foods like cultivated meat, which could pave the way for broader acceptance and innovation in the sector. The Food Safety Standards and Authority of India (FSSAI) is actively working on a regulatory framework for these products, which will facilitate their market clearance. Additionally, India’s BioE3 policy, which focuses on supporting R&D and innovation in smart proteins, highlights the government’s commitment to advancing the plant-based protein industry. This policy, along with the establishment of dedicated research hubs and labs for alternative protein development, strengthens the market’s potential by addressing challenges in nutrition, price, and taste parity. With growing government interest and regulatory support, the Indian Plant Protein Market is well-positioned to expand rapidly over the forecast period.
North India Leads India Plant Protein Market
North India's strong agricultural foundation, particularly in the production of soy, wheat, and peas, positions it as the dominant player in India Plant Protein Market. The region's favorable climate, advanced irrigation systems, and government-backed farming initiatives contribute to high production levels. Coupled with a growing awareness of plant-based diets and a surge in demand for protein-enriched foods, North India's urban centers are witnessing increased adoption of plant protein products, driven by health-conscious consumers and the availability of innovative products. This trend is projected to continue, solidifying North India's dominance in India Plant Protein Market over the forecast period.
Impact of Escalating Geopolitical Tensions on India Plant Protein Market
India Plant Protein Market may face significant challenges from intensifying geopolitical tensions across the world. Disruptions in global supply chains could incentivize domestic sourcing and innovation, fostering local production and reducing reliance on international markets. However, increased tariffs, sanctions, and transportation delays could elevate production costs, and shifting consumer preferences may impact demand for plant-based products.
Competitive Landscape
India Plant Protein Market is highly fragmented, with numerous players serving the market. The key players dominating India Plant Protein Market include Conch Lifescience, Himalaya, Prime Herbonix Health Products, Chemvera Specialty Chemicals, Nutricore Biosciences, Kailash Dhanya Bhandar, Vencora Healthcare, Vv Farm, and Srimantha Medicos. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.
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