Europe Pea Protein Market

Europe Pea Protein Market by Forms (Protein Isolate, Protein Concentrate, and Textured Protein), and Applications (Bakery, Meat Extender & Substitute, Beverages, Nutritional Supplements, Snacks, and Others) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: FB-2519
  • Author: Growth Market Reports
  • Rating: 4.8
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  • No. Of Pages: 188
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The Europe pea protein market size is projected to expand at a high CAGR of more than 5.2% during the forecast period, 2021–2028. The growth of the market is attributed to consumers’ awareness of healthy diets.

Europe Pea Protein Market summary

Pea protein is one such innovation, which is introduced into the plant protein category to meet the growing niche needs of health-loving consumers in product texture and in some cases can save costs. Stew Protein is more popular than other options because it does not contain gluten and dairy products. Medical uses of pea protein include, metabolic stimulation, weight control, muscle health, regulate blood sugar levels, and improve blood circulation & calcium absorption.

Countries in the Western hemisphere have high-protein diets. However, many developed countries, such as the European Union, the United States, and Canada are increasingly adopting vegan diets. Exploitation of animals, increased health awareness, increased lifestyle-related diseases, and growing environmental awareness are encouraging people to switch to vegan or vegetarian diets and increase their preference for pea protein and other plant proteins (such as soy protein).

Market Trends, Drivers, Restraints, and Opportunities

  • Growing preference of vegetarian foods is expected to boost the market during the forecast period.
  • Rapid growth of the protein pea industry due to adoption of plant based products is the major factor fueling the market in the coming years.
  • Growing awareness of dairy and meat allergies is expected to drive the market during the forecast period.
  • Low acceptance of pea protein products by consumers is expected to restrict the market growth.
  • Growing incidence of formulation problems act as major factors that can hamper the market growth during the forecast period.
  • R&D investment and development of protein based foods alternative to meat and dairy products is expected to create significant opportunities for the market players.

Scope of the Report

The report on the Europe pea protein market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Europe Pea Protein Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Forms (Protein Isolate, Protein Concentrate, and Textured Protein), and Applications (Bakery, Meat Extender & Substitute, Beverages, Nutritional Supplements, Snacks, and Others)

Regional Scope: Europe

Spain, United Kingdom, Germany, France, Italy, Russia, and Rest of Europe

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Axiom Foods Inc., The Scoular Company, Naturz Organics, Roquette Feres, and Cargill Incorporated

Market Segment Insights

The textured proteins segment is projected to account for a major market share

Based on forms, the Europe pea protein market is bifurcated into protein isolate, protein concentrate, and textured proteins. The textured protein segment is expected to hold a key share of the market during the forecast period owing to an excellent source of protein and fiber. Growth of the market is attributed to its use as meat analogs, fillings & substitutes for hamburgers, ground beef, cold cuts, hot dogs, vegetarian products, and meat sauces. On the other hand, the protein isolate segment is anticipated to expand at a rapid pace during the forecast period. Pea protein isolate is increasingly used in foods, such as candy, cereals, plant-based dairy products, and plant-based meats. Pea protein isolate is a high-quality, high-protein substitute for vegans and vegetarians. Pea protein isolate is easily absorbed by the body (98%). This isolate is rich in leucine, arginine, glutamine, and essential amino acids.

Europe Pea Protein Market forms

The meat extenders and substitute segment is expected to grow at a rapid pace

Based on applications, the Europe pea protein market is bifurcated into bakery, meat extender & substitute, beverages, nutritional supplements, snacks, and others. The meat extender and substitute segment is expected to represent a key share of the market during the forecast period. The use of pea protein in the manufacture of meat substitutes is increasing because its functional properties can be used in the manufacture of meat substitutes, including hamburgers and ground beef. Companies in the region are taking further steps to increase investment in the protein industry. On the other hand, the nutritional supplement segment is expected to represent a key share of market during forecast period owing to growing vegetarian consumer who often attends gyms and health clubs prefer to consume dietary supplements with plant protein as an ingredient instead of animal protein.

Europe Pea Protein Market applications

Segments

Segments Covered in the Report
The Europe pea protein market has been segmented on the basis of
Forms

  • Protein Isolate
  • Protein Concentrate
  • Textured Proteins

Applications

  • Bakery
  • Meat Extender & Substitute
  • Beverages
  • Nutritional Supplements
  • Snacks
  • Others

Key Players

  • Axiom Foods Inc.
  • The Scoular Company
  • Naturz Organics
  • Roquette Feres
  • Cargill Incorporated

 

Competitive Landscape

Key players competing in the pea protein market include Axiom Foods Inc., The Scoular Company, Naturz Organics, Roquette Feres, and Cargill Incorporated.

Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.

Europe Pea Protein Market keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pea Protein Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Pea Protein Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Pea Protein Market - Supply Chain
  4.5. Global Pea Protein Market Forecast
     4.5.1. Pea Protein Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Pea Protein Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Pea Protein Market Absolute $ Opportunity
5. Global Pea Protein Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Pea Protein Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Pea Protein Demand Share Forecast, 2019-2026
6. North America Pea Protein Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Pea Protein Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Pea Protein Demand Share Forecast, 2019-2026
7. Latin America Pea Protein Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Pea Protein Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Pea Protein Demand Share Forecast, 2019-2026
8. Europe Pea Protein Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Pea Protein Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Pea Protein Demand Share Forecast, 2019-2026
9. Asia Pacific Pea Protein Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Pea Protein Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Pea Protein Demand Share Forecast, 2019-2026
10. Middle East & Africa Pea Protein Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Pea Protein Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Pea Protein Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Pea Protein Market: Market Share Analysis
  11.2. Pea Protein Distributors and Customers
  11.3. Pea Protein Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Axiom Foods Inc.
     11.4.2. The Scoular Company
     11.4.3. Naturz Organics
     11.4.4. Roquette Feres
     11.4.5. Cargill Incorporated

Segments Covered in the Report
The Europe pea protein market has been segmented on the basis of
Forms

  • Protein Isolate
  • Protein Concentrate
  • Textured Proteins

Applications

  • Bakery
  • Meat Extender & Substitute
  • Beverages
  • Nutritional Supplements
  • Snacks
  • Others

Key Players

  • Axiom Foods Inc.
  • The Scoular Company
  • Naturz Organics
  • Roquette Feres
  • Cargill Incorporated

 

Key players competing in the pea protein market include Axiom Foods Inc., The Scoular Company, Naturz Organics, Roquette Feres, and Cargill Incorporated.

Some of these players are using several market strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.

Europe Pea Protein Market keyplayers

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