Market Research of Pea Protein Industry in China
Pea protein, as a type of plant protein, contains eighteen kinds of amino acids necessary for the human body and is a full-price protein, and its high nutrition is gradually known. In the past ten years, pea protein has been in a stage of rapid development, and the demand for pea protein has increased year by year in the global market.
As a major producer of pea protein, China has continuously added new companies to the pea protein industry and various production companies are also actively increasing production capacity and output, in order to meet the rapidly growing demand.
Since 2017, Chinese policies have actively encouraged the development of plant protein, but due to increasingly strict environmental policies, the production of domestic pea protein has been affected. At the same time, compared with the extensive application in the developed European and American markets, the domestic application of pea protein is relatively single, and it is still necessary to increase research and development.
Aiming to study the current pea protein industry in China and forecast the market to 2025, this report provides detailed analysis on the factors influencing the development of pea protein industry in China, as well as current and historic trend of this industry. The Chinese policy on pea protein can be found in this report.
This report is based on data collected via diverse sources. The primary sources include interviews with key producers, key traders and key end users of pea protein. Various secondary sources include published magazines, journals, government statistics and CCM’s database, etc. Data obtained from various sources have been combined and cross-checked to ensure that this report is as accurate and methodologically sound as possible.
Information of key market players in pea protein industry are listed in this research. Key market participants studied include Yantai Shuangta Food Co., Ltd., Shandong Jianyuan Bioengineering Co., Ltd., etc.
Scope of the report
Region cope: China
Time scope: primarily 2020–2022 unless otherwise stated.
As a major producer of pea protein, China has continuously added new companies to the pea protein industry and various production companies are also actively increasing production capacity and output, in order to meet the rapidly growing demand.
Since 2017, Chinese policies have actively encouraged the development of plant protein, but due to increasingly strict environmental policies, the production of domestic pea protein has been affected. At the same time, compared with the extensive application in the developed European and American markets, the domestic application of pea protein is relatively single, and it is still necessary to increase research and development.
Aiming to study the current pea protein industry in China and forecast the market to 2025, this report provides detailed analysis on the factors influencing the development of pea protein industry in China, as well as current and historic trend of this industry. The Chinese policy on pea protein can be found in this report.
This report is based on data collected via diverse sources. The primary sources include interviews with key producers, key traders and key end users of pea protein. Various secondary sources include published magazines, journals, government statistics and CCM’s database, etc. Data obtained from various sources have been combined and cross-checked to ensure that this report is as accurate and methodologically sound as possible.
Information of key market players in pea protein industry are listed in this research. Key market participants studied include Yantai Shuangta Food Co., Ltd., Shandong Jianyuan Bioengineering Co., Ltd., etc.
Scope of the report
Region cope: China
Time scope: primarily 2020–2022 unless otherwise stated.
EXECUTIVE SUMMARY
METHODOLOGY, SOURCE AND DEFINITION
1 OVERVIEW OF PLANT PROTEIN INDUSTRY IN CHINA
2 PRODUCTION OF PEA PROTEIN, 2020–2022
2.1 Supply of pea in China
2.2 Production of pea protein and pea starch
2.3 Price of pea protein and pea starch, 2020–2022
2.4 Major pea protein producers
2.4.1 Yantai Shuangta Food Co., Ltd.
2.4.2 Yantai Oriental Protein Tech Co., Ltd. & Jiujiang Tiantai Food Co., Ltd.
2.4.3 Shandong Jianyuan Bioengineering Co., Ltd.
2.4.4 Suzhou Wanshen Flour Products Co., Ltd.
2.4.5 Yantai T.Full Biotech Co., Ltd.
2.4.6 Shandong Jindu Talin Food Co., Ltd.
2.4.7 Yosin Biotechnology (Yantai) Co., Ltd.
2.4.8 Linyi Yuwang Plant Protein Co., Ltd.
2.4.9 Shandong Huatai Food Co., Ltd.
2.4.10 IDYL Biotech (Yantai) Ltd.
3 EXPORT ANALYSIS OF PEA PROTEIN FROM CHINA TO THE US, 2022
4 CONSUMPTION OF PEA PROTEIN, 2020–2022
4.1 Consumption of pea protein
4.2 Application fields of pea protein
5 CURRENT ROLE OF GOVERNMENT IN CHINA'S PEA PROTEIN INDUSTRY
6 FORECAST ON PEA PROTEIN INDUSTRY, 2023–2025
METHODOLOGY, SOURCE AND DEFINITION
1 OVERVIEW OF PLANT PROTEIN INDUSTRY IN CHINA
2 PRODUCTION OF PEA PROTEIN, 2020–2022
2.1 Supply of pea in China
2.2 Production of pea protein and pea starch
2.3 Price of pea protein and pea starch, 2020–2022
2.4 Major pea protein producers
2.4.1 Yantai Shuangta Food Co., Ltd.
2.4.2 Yantai Oriental Protein Tech Co., Ltd. & Jiujiang Tiantai Food Co., Ltd.
2.4.3 Shandong Jianyuan Bioengineering Co., Ltd.
2.4.4 Suzhou Wanshen Flour Products Co., Ltd.
2.4.5 Yantai T.Full Biotech Co., Ltd.
2.4.6 Shandong Jindu Talin Food Co., Ltd.
2.4.7 Yosin Biotechnology (Yantai) Co., Ltd.
2.4.8 Linyi Yuwang Plant Protein Co., Ltd.
2.4.9 Shandong Huatai Food Co., Ltd.
2.4.10 IDYL Biotech (Yantai) Ltd.
3 EXPORT ANALYSIS OF PEA PROTEIN FROM CHINA TO THE US, 2022
4 CONSUMPTION OF PEA PROTEIN, 2020–2022
4.1 Consumption of pea protein
4.2 Application fields of pea protein
5 CURRENT ROLE OF GOVERNMENT IN CHINA'S PEA PROTEIN INDUSTRY
6 FORECAST ON PEA PROTEIN INDUSTRY, 2023–2025
LIST OF TABLES
Table 2.2-1 Capacity and output of pea protein producers in China, 2020–2022
Table 2.2-2 Output of pea protein by product grade in China, 2020–2022, tonne
Table 2.2-3 Expansion projects and new projects of pea protein in China, as of Feb. 2023
Table 2.3-1 Ex-works prices of pea protein and pea starch, 2020–2022
Table 2.3-2 Market price range of pea protein by product grade, 2022
Table 2.4-1 Production capacity of food grade pea protein producers in China, 2022
Table 2.4.1-1 Capacity and output of pea products of Shuangta Food, 2019–2022
Table 2.4.1-2 Share of sales revenue of Shuangta Food's products, 2019–H1 2022
Table 2.4.1-3 Brief financial reports of Shuangta Food, 2019–H1 2022, USD
Table 2.4.2-1 Capacity and output of pea products of Oriental Protein, 2019–2022
Table 2.4.2-2 Capacity and output of pea products of Jiujiang Tiantai, 2019–2022
Table 2.4.3-1 Capacity and output of pea products of Shandong Jianyuan, 2019–2022
Table 2.4.4-1 Capacity and output of pea products of Suzhou Wanshen, 2019–2022
Table 2.4.5-1 Capacity and output of pea products of Yantai T.Full, 2019–2022
Table 2.4.6-1 Capacity and output of pea products of Jindu Talin, 2019–2022
Table 2.4.7-1 Capacity and output of pea products of Yosin Biotechnology, 2020–2022
Table 2.4.9-1 Capacity and output of pea products of Shandong Huatai, 2019–2022
Table 2.4.10-1 Capacity and output of pea products of Yantai IDYL, 2019–2022
Table 3-1 Export volume of pea protein from China to the US, 2022
Table 3-2 Exporters of pea protein from China to the US, 2022
Table 4.1-1 Consumption of pea protein in China by product grade, 2020–2022, tonne
Table 4.2-1 List of major end users of pea protein in China
Table 5-1 Main indicators from Association Standard for Edible Pea Protein T/CAQI 91-2019
Table 5-2 Penalties for environmental damage on pea protein producers in Zhaoyuan City, 2017–Aug. 2019
Table 2.2-1 Capacity and output of pea protein producers in China, 2020–2022
Table 2.2-2 Output of pea protein by product grade in China, 2020–2022, tonne
Table 2.2-3 Expansion projects and new projects of pea protein in China, as of Feb. 2023
Table 2.3-1 Ex-works prices of pea protein and pea starch, 2020–2022
Table 2.3-2 Market price range of pea protein by product grade, 2022
Table 2.4-1 Production capacity of food grade pea protein producers in China, 2022
Table 2.4.1-1 Capacity and output of pea products of Shuangta Food, 2019–2022
Table 2.4.1-2 Share of sales revenue of Shuangta Food's products, 2019–H1 2022
Table 2.4.1-3 Brief financial reports of Shuangta Food, 2019–H1 2022, USD
Table 2.4.2-1 Capacity and output of pea products of Oriental Protein, 2019–2022
Table 2.4.2-2 Capacity and output of pea products of Jiujiang Tiantai, 2019–2022
Table 2.4.3-1 Capacity and output of pea products of Shandong Jianyuan, 2019–2022
Table 2.4.4-1 Capacity and output of pea products of Suzhou Wanshen, 2019–2022
Table 2.4.5-1 Capacity and output of pea products of Yantai T.Full, 2019–2022
Table 2.4.6-1 Capacity and output of pea products of Jindu Talin, 2019–2022
Table 2.4.7-1 Capacity and output of pea products of Yosin Biotechnology, 2020–2022
Table 2.4.9-1 Capacity and output of pea products of Shandong Huatai, 2019–2022
Table 2.4.10-1 Capacity and output of pea products of Yantai IDYL, 2019–2022
Table 3-1 Export volume of pea protein from China to the US, 2022
Table 3-2 Exporters of pea protein from China to the US, 2022
Table 4.1-1 Consumption of pea protein in China by product grade, 2020–2022, tonne
Table 4.2-1 List of major end users of pea protein in China
Table 5-1 Main indicators from Association Standard for Edible Pea Protein T/CAQI 91-2019
Table 5-2 Penalties for environmental damage on pea protein producers in Zhaoyuan City, 2017–Aug. 2019
LIST OF FIGURES
Figure 2.1-1 Output and harvest area of dry peas in China, 2010–2021
Figure 2.1-2 China's imports of dry peas, 2018–2022
Figure 2.1-3 Key import origins of dry peas to China, 2020–2022
Figure 2.4-1 Capacity distribution of pea protein in China, 2022
Figure 4.1-1 Consumption of pea protein and its growth rate in China, 2020–2022
Figure 6-1 Forecast on consumption of pea protein in China, 2023–2025
Figure 6-2 Forecast on China's pea protein capacity and output, 2023–2025
Figure 2.1-1 Output and harvest area of dry peas in China, 2010–2021
Figure 2.1-2 China's imports of dry peas, 2018–2022
Figure 2.1-3 Key import origins of dry peas to China, 2020–2022
Figure 2.4-1 Capacity distribution of pea protein in China, 2022
Figure 4.1-1 Consumption of pea protein and its growth rate in China, 2020–2022
Figure 6-1 Forecast on consumption of pea protein in China, 2023–2025
Figure 6-2 Forecast on China's pea protein capacity and output, 2023–2025
