Global Pea Protein Market to Amount to USD 359.4 Mln by 2022, Expects Meticulous Research in Its Discounted Report Available at MarketPublishers.com14 Dec 2017 • by Natalie Aster
LONDON – Enhancing awareness of consumers about the benefits provided by protein, elevating demand for protein reach diet, expanding health & wellness trends, escalating demand from the Food & Beverage industry, rising focus on meat alternatives, remarkable advancements in ingredient technologies as well as rising gluten-free and soy-free trend are the major drivers of the global pea protein market growth.
Over 2017-2022, the worldwide market for pea protein is set to exhibit considerable growth at a 13.4% CAGR. The market value will likely amount to USD 359.4 million by late 2022.
However, strong preference for animal-based protein and wide availability of other plant proteins could significantly restrain the market growth in the year ahead.
At present, North America ranks the leading regional market for pea protein. It is followed by Europe and APAC.
New topical report “Pea Protein Market – Global Opportunity Analysis And Industry Forecast (2017-2022)” developed by Meticulous Market Research provides an all-encompassing analysis of the world’s pea protein market and offers profound insights into the key market segments. Furthermore, the study reviews the key industries consuming pea protein, sheds light on the pea protein market dynamics and talks about the major trends and factors influencing it. This report describes the actual market scenario, touches upon the historical development patterns and contains an insightful overview of the geographical scenario in the pea protein market. Moreover, this report includes vital information on the competitive pressures, top companies and their recent initiatives, regulative framework and the recent industry developments. In addition, a comprehensive future outlook for the pea protein market is offered in this report.
Note that until December 31, 2017 this in-demand report is offered at a special discount!
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