Pea protein is a food with a neutral taste that is used in dairy alternatives such as cheeses and yogurt. It is extracted from the yellow pea, Pisum sativum, and has a typical legume amino acid profile.
The pea protein industry has developed rapidly recent years, and the industry concentration is very high due to the high technology barrier. The global leaders are Roquette, and Cosucra. The production of the manufacturers listed in the report occupied for over 85% market share of global in 2016. The key players include Emsland Group, Roquette, Cosucra, Nutri-Pea, Shuangta Food, Oriental Protein Tech, Jianyuan Group, and others.
On a global scale, the high-tech pea protein product is in the early stages of the global industrialization compared to other plant protein industry. The whole pea protein market is driven by the new protein extraction technology, advanced R&D initiatives, and rising vegetarian population.
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Currently, the factors driving the growth of the aforementioned industry are Dietary Supplement, Beverage, pet food industry and others. As the demand increases rapidly for downstream industries, and the wider range of applications, the demand for pea protein will correspondingly increase. The increased consumption of pea protein is expected to continue during the remaining years of the forecast period of 2018-2023. Pea protein industry will usher in a rapid growth space.
Although the market prospect of pea protein is very good, but there is a potential threat. That is pea protein and pea starch shares the same production line. Strictly speaking, pea protein is a byproduct of pea starch. Although Europe produces a large amount of pea protein, large amount of pea starch was also produced and could not be consumed locally. the main areas of consumption of pea starch are in the Asia Pacific region. But the whole Asia Pacific region is not enough to consume the whole pea starch, which wastes the resource of pea processing. Therefore, the development of pea protein requires a balance between the two products.
There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability, such as Roquette. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. The competition in pea protein market will become more intense.
In China, Yantai Shuangta is the most advanced producer, has top pea protein extraction technology, the only circulating integrated industrial chain. There is no large competitor in pea protein market. In Shuangta Food, pea protein contains more than 80% protein, and applied in health care products, beverages and others.
According to this study, over the next five years the Pea Protein market will register a 11.8% CAGR in terms of revenue, the global market size will reach US$ 1160 million by 2024, from US$ 590 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Pea Protein business, shared in Chapter 3.
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Table of Contents
2019-2024 Global Pea Protein Consumption Market Report
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Pea Protein Consumption 2014-2024
- 2.1.2 Pea Protein Consumption CAGR by Region
- 2.2 Pea Protein Segment by Type
- 2.2.1 Pea Protein Isolates
- 2.2.2 Pea Protein Concentrated
- 2.3 Pea Protein Consumption by Type
- 2.3.1 Global Pea Protein Consumption Market Share by Type (2014-2019)
- 2.3.2 Global Pea Protein Revenue and Market Share by Type (2014-2019)
- 2.3.3 Global Pea Protein Sale Price by Type (2014-2019)
- 2.4 Pea Protein Segment by Application
- 2.4.1 Dietary Supplement
- 2.4.2 Baked Goods
- 2.4.3 Healthy Food
- 2.4.4 Pet Food
- 2.5 Pea Protein Consumption by Application
- 2.5.1 Global Pea Protein Consumption Market Share by Application (2014-2019)
- 2.5.2 Global Pea Protein Value and Market Share by Application (2014-2019)
- 2.5.3 Global Pea Protein Sale Price by Application (2014-2019)
3 Global Pea Protein by Players
- 3.1 Global Pea Protein Sales Market Share by Players
- 3.1.1 Global Pea Protein Sales by Players (2017-2019)
- 3.1.2 Global Pea Protein Sales Market Share by Players (2017-2019)
- 3.2 Global Pea Protein Revenue Market Share by Players
- 3.2.1 Global Pea Protein Revenue by Players (2017-2019)
- 3.2.2 Global Pea Protein Revenue Market Share by Players (2017-2019)
- 3.3 Global Pea Protein Sale Price by Players
- 3.4 Global Pea Protein Manufacturing Base Distribution, Sales Area, Product Types by Players
- 3.4.1 Global Pea Protein Manufacturing Base Distribution and Sales Area by Players
- 3.4.2 Players Pea Protein Products Offered
- 3.5 Market Concentration Rate Analysis
- 3.5.1 Competition Landscape Analysis
- 3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.6 New Products and Potential Entrants
- 3.7 Mergers & Acquisitions, Expansion
4 Pea Protein by Regions
- 4.1 Pea Protein by Regions
- 4.1.1 Global Pea Protein Consumption by Regions
- 4.1.2 Global Pea Protein Value by Regions
- 4.2 Americas Pea Protein Consumption Growth
- 4.3 APAC Pea Protein Consumption Growth
- 4.4 Europe Pea Protein Consumption Growth
- 4.5 Middle East & Africa Pea Protein Consumption Growth
5 Americas
- 5.1 Americas Pea Protein Consumption by Countries
- 5.1.1 Americas Pea Protein Consumption by Countries (2014-2019)
- 5.1.2 Americas Pea Protein Value by Countries (2014-2019)
- 5.2 Americas Pea Protein Consumption by Type
- 5.3 Americas Pea Protein Consumption by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Pea Protein Consumption by Countries
- 6.1.1 APAC Pea Protein Consumption by Countries (2014-2019)
- 6.1.2 APAC Pea Protein Value by Countries (2014-2019)
- 6.2 APAC Pea Protein Consumption by Type
- 6.3 APAC Pea Protein Consumption by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Pea Protein by Countries
- 7.1.1 Europe Pea Protein Consumption by Countries (2014-2019)
- 7.1.2 Europe Pea Protein Value by Countries (2014-2019)
- 7.2 Europe Pea Protein Consumption by Type
- 7.3 Europe Pea Protein Consumption by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Pea Protein by Countries
- 8.1.1 Middle East & Africa Pea Protein Consumption by Countries (2014-2019)
- 8.1.2 Middle East & Africa Pea Protein Value by Countries (2014-2019)
- 8.2 Middle East & Africa Pea Protein Consumption by Type
- 8.3 Middle East & Africa Pea Protein Consumption by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Marketing, Distributors and Customer
- 10.1 Sales Channel
- 10.1.1 Direct Channels
- 10.1.2 Indirect Channels
- 10.2 Pea Protein Distributors
- 10.3 Pea Protein Customer
11 Global Pea Protein Market Forecast
- 11.1 Global Pea Protein Consumption Forecast (2019-2024)
- 11.2 Global Pea Protein Forecast by Regions
- 11.2.1 Global Pea Protein Forecast by Regions (2019-2024)
- 11.2.2 Global Pea Protein Value Forecast by Regions (2019-2024)
- 11.2.3 Americas Consumption Forecast
- 11.2.4 APAC Consumption Forecast
- 11.2.5 Europe Consumption Forecast
- 11.2.6 Middle East & Africa Consumption Forecast
- 11.3 Americas Forecast by Countries
- 11.3.1 United States Market Forecast
- 11.3.2 Canada Market Forecast
- 11.3.3 Mexico Market Forecast
- 11.3.4 Brazil Market Forecast
- 11.4 APAC Forecast by Countries
- 11.4.1 China Market Forecast
- 11.4.2 Japan Market Forecast
- 11.4.3 Korea Market Forecast
- 11.4.4 Southeast Asia Market Forecast
- 11.4.5 India Market Forecast
- 11.4.6 Australia Market Forecast
- 11.5 Europe Forecast by Countries
- 11.5.1 Germany Market Forecast
- 11.5.2 France Market Forecast
- 11.5.3 UK Market Forecast
- 11.5.4 Italy Market Forecast
- 11.5.5 Russia Market Forecast
- 11.5.6 Spain Market Forecast
- 11.6 Middle East & Africa Forecast by Countries
- 11.6.1 Egypt Market Forecast
- 11.6.2 South Africa Market Forecast
- 11.6.3 Israel Market Forecast
- 11.6.4 Turkey Market Forecast
- 11.6.5 GCC Countries Market Forecast
- 11.7 Global Pea Protein Forecast by Type
- 11.8 Global Pea Protein Forecast by Application
12 Key Players Analysis
- 12.1 Emsland Group
- 12.1.1 Company Details
- 12.1.2 Pea Protein Product Offered
- 12.1.3 Emsland Group Pea Protein Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.1.4 Main Business Overview
- 12.1.5 Emsland Group News
- 12.2 Roquette
- 12.2.1 Company Details
- 12.2.2 Pea Protein Product Offered
- 12.2.3 Roquette Pea Protein Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.2.4 Main Business Overview
- 12.2.5 Roquette News
- 12.3 Cosucra
- 12.3.1 Company Details
- 12.3.2 Pea Protein Product Offered
- 12.3.3 Cosucra Pea Protein Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.3.4 Main Business Overview
- 12.3.5 Cosucra News
- 12.4 Nutri-Pea
- 12.4.1 Company Details
- 12.4.2 Pea Protein Product Offered
- 12.4.3 Nutri-Pea Pea Protein Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.4.4 Main Business Overview
- 12.4.5 Nutri-Pea News
- 12.5 Shuangta Food
- 12.5.1 Company Details
- 12.5.2 Pea Protein Product Offered
- 12.5.3 Shuangta Food Pea Protein Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.5.4 Main Business Overview
- 12.5.5 Shuangta Food News
- 12.6 Yantai Oriental Protein Tech
- 12.6.1 Company Details
- 12.6.2 Pea Protein Product Offered
- 12.6.3 Yantai Oriental Protein Tech Pea Protein Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.6.4 Main Business Overview
- 12.6.5 Yantai Oriental Protein Tech News
- 12.7 Shandong Jianyuan Foods
- 12.7.1 Company Details
- 12.7.2 Pea Protein Product Offered
- 12.7.3 Shandong Jianyuan Foods Pea Protein Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.7.4 Main Business Overview
- 12.7.5 Shandong Jianyuan Foods News
- 12.8 Shandong Huatai Food
- 12.8.1 Company Details
- 12.8.2 Pea Protein Product Offered
- 12.8.3 Shandong Huatai Food Pea Protein Sales, Revenue, Price and Gross Margin (2017-2019)
- 12.8.4 Main Business Overview
- 12.8.5 Shandong Huatai Food News
Service & Software 