This report describes and assesses the global textured pea protein market. It covers three five-year periods including 2015 to 2020 called historical period, forecast period 2020-2025 and 2025-2030 another forecast period.
LONDON, Dec. 15, 2021 (GLOBE NEWSWIRE) – According to The Business Research Company’s research report on Textured Pea Protein Market, the launch of Organic Pea Protein Isolates is an emerging trend in the Pea Protein Market. textured polka dots. Large companies operating in the textured pea protein business are focused on introducing organic pea protein to meet consumer demand for organic protein products. For example, in November 2019, Ingredion Incorporated, a US-based food company, launched Vitessence Pulse 1803 Organic Pea Protein Isolate for use in alternative meat and dairy products, nutrition and sports bars, ready meals, bakery ingredients, powder and ready to use. drink drinks. The component has a smooth and creamy texture with a mild flavor in raw and green flavors and it contains at least 80% protein.
In February 2020, Kerry Group, an Ireland-based food company, acquired Pevesa Biotech SA for an undisclosed amount. This acquisition aims to strengthen Kerry Group’s position in hydrolyzed plant protein for specialty nutrition and to expand the company’s ability to serve the rapidly growing organic plant protein market. Pevesa Biotech SA is a Spanish company that offers a range of proteins, including organic pea and rice proteins and protein hydrolysates.
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The main players in the textured pea protein industry are Roquette, Puris Foods, Burcon Nutrascience Corporation, Nisco ApS, Sotexpro, Exeller NV, Vestkorn Milling AS, Nutri-Pea Limited, Cosucra Groupe Warcoing SA, Scoular, Axiom Foods Inc, AGT Foods, The Green Labs LLC, DuPont Nutrition & Biosciences, Shandong Jianyuan Group and Kerry Group plc.
The commercial research companythe report titled Global Textured Pea Protein Market Report 2021 – By Product Type (Yellow Peas, Green Peas), By Nature (Organic, Conventional), By Processing Type (Dry Processing, Wet Processing), By End Use (food processing, animal feed, nutraceuticals, sports nutrition, infant nutrition, cosmetics and personal care), growth and change COVID-19 Covers major Textured Pea Protein companies, Textured Pea Protein market share by company, Textured Pea Protein manufacturers, Textured Pea Protein market size, and Textured Pea Protein market forecast. The report also covers the global textured pea protein market and its segments.
The Global Textured Pea Protein Market Size Is Expected To Grow By $ 418.43 million in 2020 to $ 471.96 million in 2021 at a compound annual growth rate (CAGR) of 12.8%. The growth in the textured pea protein market is primarily driven by companies resuming operations and adjusting to the new normal while recovering from the impact of COVID-19, which previously led to measures to restrictive lockdowns involving social distancing, remote working, and the shutdown of business activities that have resulted in operational challenges. The Textured Pea Protein Market Is Expected To Reach $ 673.37 million in 2025 at 9.3% CAGR.
North America was the larger region in the textured pea protein market in 2020. Europe was the second biggest Region in the textured pea protein market. The regions covered by the Textured Pea Protein Market report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The Textured Pea Protein market includes sales of textured pea protein by entities (organizations, independent traders, and partnerships) that are extracted from peas to create high protein plant-based meat substitutes. It is a naturally gluten-free and soy-free product with a pleasant taste and texture, making it an ideal addition to popular ingredients in a variety of applications. Textured pea protein is non-GMO and has low allergenicity, making it a great alternative to wheat and soy products.
The main types of products in textured pea protein are yellow peas and green peas. Field peas, often called yellow peas, are a type of peas that are best dried rather than eaten fresh. The pea skin (seed coat) is pale yellow in color. The peas are darker yellow on the inside, but the color fades when cooked. It has both biological and conventional nature and different kinds of processing such as dry processing, wet processing. It is implemented in various verticals such as food processing, animal feed, nutraceuticals, sports nutrition, infant nutrition, cosmetics and personal care, etc.
Global Textured Pea Protein Market Report 2021 – COVID-19 Growth and Change is part of a series of new reports from The commercial research company which provide Textured Pea Protein Market overviews, Textured Pea Protein market analysis and market size and growth forecast for the entire Textured Pea Protein market, segments and geographies Textured Pea Protein Market trends, Textured Pea Protein Market drivers, Textured Pea Protein Market restraints, Textured Pea Protein market revenue, profiles and market share leading competitors in over 1,000 industry reports, covering over 2,500 market segments and 60 geographies.
The report also gives an in-depth analysis of the impact of COVID-19 on the market. The reports are backed by 150,000 datasets, in-depth secondary research, and proprietary information from interviews with industry leaders. A team of highly experienced and expert analysts and modelers provide market analysis and forecast. The reports identify major countries and segments for opportunities and strategies based on market trends and approaches of major competitors.
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