PUBLISHER: Lucintel | PRODUCT CODE: 1538370
PUBLISHER: Lucintel | PRODUCT CODE: 1538370
Yellow Pea Protein Trends and Forecast
The future of the global yellow pea protein market looks promising with opportunities in the food processing, animal feed, nutraceutical, sports nutrition, infant nutrition, and cosmetics & personal care markets. The global yellow pea protein market is expected to reach an estimated $6.5 billion by 2030 with a CAGR of 13.2% from 2024 to 2030. The major drivers for this market are rising interest in plant-based proteins, increase in vegan and vegetarian market, and growing popularity of clean-label and organic goods.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Yellow Pea Protein by Segment
The study includes a forecast for the global yellow pea protein by nature, product type, processing type, end use, and region.
List of Yellow Pea Protein Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies yellow pea protein companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the yellow pea protein companies profiled in this report include-
Yellow Pea Protein Market Insights
Lucintel forecasts that conventional is expected to witness higher growth over the forecast period.
Within this market, food processing is expected to witness the highest growth over the forecast period.
North America will remain the largest region over the forecast period.
Features of the Global Yellow Pea Protein Market
Market Size Estimates: Yellow pea protein market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Yellow pea protein market size by various segments, such as by nature, product type, processing type, end use, and region in terms of value ($B).
Regional Analysis: Yellow pea protein market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different natures, product types, processing types, end uses, and regions for the yellow pea protein market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the yellow pea protein market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the yellow pea protein market size?
Answer: The global yellow pea protein market is expected to reach an estimated $6.5 billion by 2030.
Q2. What is the growth forecast for yellow pea protein market?
Answer: The global yellow pea protein market is expected to grow with a CAGR of 13.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the yellow pea protein market?
Answer: The major drivers for this market are rising interest in plant-based proteins, increase in vegan and vegetarian market, and growing popularity of clean-label and organic goods.
Q4. What are the major segments for yellow pea protein market?
Answer: The future of the yellow pea protein market looks promising with opportunities in the food processing, animal feed, nutraceutical, sports nutrition, infant nutrition, and cosmetics & personal care markets.
Q5. Who are the key yellow pea protein market companies?
Answer: Some of the key yellow pea protein companies are as follows:
Q6. Which yellow pea protein market segment will be the largest in future?
Answer: Lucintel forecasts that conventional is expected to witness higher growth over the forecast period.
Q7. In yellow pea protein market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.