Westford, USA, Aug. 28, 2023 (GLOBE NEWSWIRE) -- According to SkyQuest's latest global research of the Yellow Pea Protein market, the increasing popularity of plant-based diets and veganism, rising demand for clean-label and natural ingredients, expansion of functional food and beverage industry, growing focus on sustainable and eco-friendly protein sources, innovations in yellow pea protein extraction and processing techniques, rising incorporation of yellow pea protein in sports nutrition and dietary supplements, expanding market presence and product offerings by key players, emerging applications in the animal feed industry, are the trends that aid in the market's growth.
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- Pages - 157
- Tables - 145
- Figures - 78
Yellow pea protein is a protein extracted from yellow peas. It is a complete protein, meaning that it contains all nine essential amino acids that the body cannot produce on its own. Yellow pea protein is also a good source of fibre and iron.
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Prominent Players in Yellow Pea Protein Market
- Archer Daniels Midland Company
- Glanbia
- Kerry Group
- Roquette Frères
- ADM
- DuPont
- Ingredion Incorporated
- Cargill
- Nutri-Grain
- AGT Food and Ingredients
- Emsland Group
- Arla Foods
- Wilmar International
- Cosucra
- Grain Millers
- SunOpta
- CHS
- Eden Foods
- Glanbia Nutritionals
- Soya Protein Products
- Protein Industries Canada
- Beneo
Isolates Form Demand to Grow Substantially in the Forecast Period
Isolates form dominated the global market owing to its high protein content. It also offers versatility in various food and beverage applications. They can be easily incorporated into various products, including plant-based meat alternatives, dairy alternatives, snacks, and bakery products.
Food and Beverage is the Leading Application Segment
Regarding application, food and beverage is the leading segment due to the demand for plant-based food. In addition, the adoption of vegan and vegetarian diets is increasing globally. Yellow pea protein derived from plants is a suitable option for individuals following these dietary choices. It provides a high-quality protein source without relying on animal-based products.
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North America is the leading Market Due to Consumer Demand
Region-wise, North America is one of the largest growing markets with a huge consumer awareness and demand. The region has a well-developed market for plant-based food products and a strong presence of companies specializing in plant-based alternatives. In addition, consumers have shown a growing interest in health-conscious diets, including plant-based and vegan options. Yellow pea protein, with its high protein content and nutritional benefits, aligns well with these dietary preferences, further driving its regional dominance.
A recent report thoroughly analyzes the major players operating within the Yellow Pea Protein market. This comprehensive evaluation has considered several crucial factors, such as collaborations, mergers, innovative business policies, and strategies, providing invaluable insights into the key trends and breakthroughs in the market. Additionally, the report has carefully scrutinized the market share of the top segments and presented a detailed geographic analysis. Finally, the report has highlighted the major players in the industry and their ongoing endeavors to develop innovative solutions that cater to the ever-increasing demand for Yellow Pea Protein.
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Key Developments in the Yellow Pea Protein Market
- AGT Foods of Regina partnered with Equinom to expand the development of new high-yellow pea protein varieties.
Key Questions Answered in Yellow Pea Protein Market Report
- What specific growth drivers are projected to impact the market during the forecast period?
- Can you list the top companies in the market and explain how they have achieved their positions of influence?
- In what ways do regional trends and patterns differ within the global market, and how might these differences shape the market's future growth?
Related Reports in SkyQuest’s Library:
Global Animal Feed Organic Trace Minerals Market
Global Animal Protein Ingredients Market
Global Nutritional Premixes Market
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