South America Pea Protein Market Trends, Size & Share [2031]

South America Pea Protein Market Trends, Size & Share [2031]

Segments - South America Pea Protein Market by Types (Pea Protein Isolates, Pea Protein Concentrates, Textured Pea Protein), Applications (Beverages, Nutrition Supplements, Bakery, Meat Extenders and Substitutes, Snacks, Other Applications), Geography (Argentina, Brazil, Rest of South America) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Author : Anuradha B. More
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Fact-checked by : Vaibhav Chandola
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Editor : Shruti Bhat

Upcoming | Report ID :FB-4517 | 4.4 Rating | 65 Reviews | 198 Pages | Format : PDF Excel PPT

Report Description


South America Pea Protein Market Outlook 2031

The South America Pea Protein market size was valued at USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031 expanding at a CAGR of 7.2% during 2023 – 2031. The growth of market is attributed to growing inclination towards vegan diet, flexitarian diet concept, and millennial populations shifting preference towards plant-based functional food.

The consumption of animal-based protein is highly associated with cholesterol, fats, and calories which increase the probability of cardiac arrest, obesity, and increase of blood sugar level, thus the preference of the population are shifting towards organic source of protein.

South America Pea Protein Market Outlook

Pea protein perceives cost-effective and follow healthier life style and are rich in all nine essential nutritional amino acid also rich source of fibers, minerals, vitamins, potassium, foliate, selenium, and magnesium.

Pea-based products are low in carbohydrates, which acts as a source of the protein, hence act as beneficiary factor for the human body. Other health benefits associated with the pea products includes regulating blood pressure, helps in weight loss and gain muscles, and reduces craving for munchies. 

Compared with other protein products pea-based protein is low in methionine content, thus other protein ingredients are essential to ensure that the body receives adequate compulsory nutrients.  With the changing technology the vendors are offering various products which includes the similar organoleptic properties of real meat.

  • Increasing awareness towards risk factors involves in meat consumption is estimated to fuel the market in the coming years.
  • Growing vegan population accompanied by flexitarian diet concept is expected to drive the market during the forecast period.
  • Increasing demand due to GMO and allergy free nature of the product is anticipated to boost the market.
  • R&D and technological advancement on product innovation offering the same properties and nutritional value of the real meat creates and immense opportunities for the key player in the market.
  • Increasing awareness about global warming and animal cruelty has increased the shift in demand for pea protein and is anticipated to propel the market in the coming years.
  • Lack of protein content in pea as compared to meat based product act as one of the factor that can hamper the growth of the market in the coming years.

Scope of the South America Pea Protein Market

The report on the South America 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

Pea Protein Market – South America Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Types (Pea Protein Isolates, Pea Protein Concentrates, and Textured Pea Protein), Applications (Beverages, Nutrition Supplements, Bakery, Meat Extenders and Substitutes, Snacks, and Others)

Geographical Scope

Argentina, Brazil, Rest of South America

Report Coverage

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

Key Players Covered in the Report

Fenchem; Cosucra-Groupe Warcoing; Roquette Freres; Glanbia Plc; Puris Foods.

South America Pea Protein Market Segment Insights   

The isolated protein segment is expected to exhibit high CAGR

Based on types, the market is segregated into pea protein isolates, pea protein concentrates, and textured pea protein. The isolated protein segment is expected to exhibit high CAGR in the coming years due to application used in several different industries for e.g., dairy products, confectionaries, and plant-based meat products which makes them highly digestible and provides all the essential nutrition’s for the body.

South America Pea Protein Market types

The meat extenders and substitutes segment is estimated to hold key share of the market

On the basis of applications, the market is fragmented into beverages, nutrition supplements, bakery, meat extenders & substitutes, snacks, and others. The meat extenders and substitutes segment is estimated to hold key share of the market during the forecast period owing to its versatility it can be used for several applications such as Bolognese sauces, pizza dressings & nuggets, sausages, stuffing and more.

South America Pea Protein Market applications

The Brazil segment is anticipated to dominate the market

In the term of geographies, the market is categorized into Argentina, Brazil, and Rest of South America. Brazil is anticipated to dominate the market during the projected period due to increasing disposable income and globalization, changing consumers’ preferences right from food consumption to lifestyle choice, and a strong hold of fitness.

Segments

The South America pea protein market has been segregated on the basis of

Types

  • Protein Isolates
  • Protein Concentrates
  • Textured Protein

Applications

  • Beverages
  • Nutrition Supplements
  • Bakery
  • Meat Extenders and Substitutes
  • Snacks
  • Other

Geographies

  • Argentina
  • Brazil
  • Rest of South America

Key Players

Competitive Landscape

Key players competing in the South America pea protein market include Fenchem; Cosucra-Groupe Warcoing; Roquette Freres; Glanbia Plc.; Puris Foods.
Some of these players are targeting on business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.

South America Pea Protein Market keyplayers

Table Of Content

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 Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. Pea Protein Market Size and Volume Forecast by Types
     5.3.1. Protein Isolates
     5.3.2. Protein Concentrates
     5.3.3. Textured Protein
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Pea Protein Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Pea Protein Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Pea Protein Demand Share Forecast, 2019-2026
7. North 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
  7.2. North America Pea Protein Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Pea Protein Market Size and Volume Forecast by Types
     7.4.1. Protein Isolates
     7.4.2. Protein Concentrates
     7.4.3. Textured Protein
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Pea Protein Demand Share Forecast, 2019-2026
8. Latin America 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. Latin America Average Pricing Analysis
  8.2. Latin America Pea Protein Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Pea Protein Market Size and Volume Forecast by Types
     8.4.1. Protein Isolates
     8.4.2. Protein Concentrates
     8.4.3. Textured Protein
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Pea Protein Demand Share Forecast, 2019-2026
9. Europe 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. Europe Average Pricing Analysis
  9.2. Europe Pea Protein Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Pea Protein Market Size and Volume Forecast by Types
     9.4.1. Protein Isolates
     9.4.2. Protein Concentrates
     9.4.3. Textured Protein
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Pea Protein Demand Share Forecast, 2019-2026
10. Asia Pacific 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. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Pea Protein Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Pea Protein Market Size and Volume Forecast by Types
     10.4.1. Protein Isolates
     10.4.2. Protein Concentrates
     10.4.3. Textured Protein
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Pea Protein Demand Share Forecast, 2019-2026
11. Middle East & Africa Pea Protein Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Pea Protein Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Pea Protein Market Size and Volume Forecast by Types
     11.4.1. Protein Isolates
     11.4.2. Protein Concentrates
     11.4.3. Textured Protein
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Pea Protein Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Pea Protein Market: Market Share Analysis
  12.2. Pea Protein Distributors and Customers
  12.3. Pea Protein Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Fenchem
     12.4.2. Cosucra-Groupe Warcoing
     12.4.3. Roquette Freres
     12.4.4. Glanbia Plc.
     12.4.5. Puris Foods

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