Pea Protein Market Size Worth $313.5 Million By 2025 Pea Protein Market | Page 2

Increasing importance of maintaining a GFD in treating innate immune response, joint
pain, and numbness is foreseen to fuel the product demand in the future. Furthermore,
this diet is gaining popularity as an effective treatment for curing symptoms of autism in
children. This in turn is expected to drive the pea protein demand over the forecast
period.
Significant prevalence of lactose intolerance among infants and children in developing
regions such as Central & South America, Asia Pacific, and Middle East & Africa is
projected to be another significant driver of the industry growth. Pea protein is one of the
highly preferred non-dairy substitutes, as it is characterized by good amino acid profile
and is easily digestible. These attributes make the product favorable for use in various
food & beverage products such as protein fortified health drinks and sports nutritional
foods.
Further key findings from the report suggest:
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In terms of volume, bakery goods application is expected to rise at a CAGR of
13.6% from 2017 to 2025, owing to the utilization of pea protein as a fibrous and
gluten-free product
Pea concentrates accounted for a revenue share of 27.2% in 2016. These
products comprise 70-80% of protein content and are favorably used in energy
drinks and fruit mixes applications
The growth of the food & beverage industry in Brazil, India, China, and Mexico as
a consequence of increasing domestic consumption coupled with the adoption of
modern farming technology is expected to drive the industry growth in the near
future
Companies are focusing on enhancement of their business growth through
significantly investing in research & development, new product launches, and
forward integration. Farbest and Roquette America have forward integrated
business operations as they are engaged in the production as well as supply
operations.
In October 2014, Comax Flavors launched a new pea protein masking range of
food additives owing to minimize or reduce the unpleasant flavor in the processed
goods
In April 2014, Carmit Candy Industries launched a wafer snack bar fortified with a
dark chocolate coating and containing pea protein aimed at eliminating the pea
protein flavor
Read our blog on food and beverages industry:
http://www.grandviewresearch.com/blogs/food-and-beverages
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