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Organic Pea Protein Market: Description
Pea protein is the kind of powdered concentrated protein substance which is created by smashing dried peas and eliminating starch and fiber substance. Pea protein items are widely utilized as perfect lean proteins attributable to their high healthy benefit and clean or sterile production process. Organic Pea Protein Powder is a plant-based protein supplement which is obtained from natural Canadian yellow peas. The powder is made when natural Canadian yellow peas are ground up into a fine powder. The powder is then absorbed to form a water-based saline solution by separating the protein from the starch and the fiber. The protein is then dried, handled and separated again. It is intended to fill in as an option in contrast to animal-based protein enhancements like whey protein, casein protein, egg protein, and collagen protein. Produced using yellow peas, it is 100 percent plant-based and vegan friendly.
Source: WMR
Organic Pea Protein Market: Overview
The Global Organic Pea Protein Market size was USD 45 million in 2022, and is projected to grow at a value of more than USD 97.2 million by 2033, with a CAGR (Compound annual growth rate) of over 8% during 2023 to 2033.
The significant expansion variable towards organic pea protein market is the shifting inclinations towards organic items for body building. Moreover, moving tendency for pea protein shakes as pea protein powder has high protein content and organic pea protein powder is ideal for almost all diet as it is naturally vegan and hypoallergenic are additionally elevating the general interest for organic pea protein market. Additionally, the rising popularity oforganic items and increasing government initiatives to promote organic farming likewise fills in as principal drivers for expanding the interest for organic pea protein market at a worldwide level. Likewise, the expanding vegan populace and high nutritional profile of pea are additionally lifting the development of the organic pea protein market.
In any case, the strict rules and guidelines combined with creation of organic pea protein and significant expense related to organic protein items across the world are projected to act as major restrictions towards the progression of organic pea protein market. Alongside, the lack of awareness among the masses in regards to organic pea is likely to challenge the development of the organic pea protein market. Surge in the interest for organic pea protein is relied upon to amplify, inferable from the expanding interest for items with higher nutritional content and organic and natural ingredients.
Source: WMR
Organic Pea Protein Market: Key Trends
Developing Demand for Plant Based Protein from Vegan and vegetation Community to Drive Organic Pea Protein Market
With growing purchaser inclination for vegan diets, vegan food sources are acquiring footing internationally. These are essentially handled or prepared without utilizing any animal-derived items, including dairy items or eggs. Developing interest for vegan food sources is positively swaying the dynamics for worldwide Organic Pea Protein market. Interest for Organic Pea Protein is additionally expanding in the drug business attributable to its high nutritional substance and other medical advantages. In this manner, developing interest for natural peas as an ingredient in different applications, for example, food ingredients, drugs and animal feed is relied upon to drive the interest for Organic Pea Protein.
Restricted Production Capacity of Pea Protein is one of the main considerations obstructing Organic Pea Protein Market development
Restricted production limit of pea proteins is one of the main considerations obstructing the growth of the organic pea protein market. There is a fast expansion in the need to extend ability to successfully contend with soy plant protein items. The key organizations are zeroing in on using high entire yellow pea creation by improving factory processing abilities inside the United States and Canada. Food ingredient organizations in Europe are hoping to cooperate with cost-competitive processing organizations and establish overseas operations. In any case, the organizations have not become completely effective in building partnership. China is additionally wanting to well position itself to meet growing pea protein needs as it a significant buyer of pea starch.
Organic Pea Protein Market: Segmentation Analysis
Key players:
Farbest Brands
The Green Labs LLC
The Scoular Company Ltd.
Greenway
Organics (Tianjin) Co., Ltd.
Vestkorn
YT (XIAN) Biochem Co.
Axiom Foods, Inc.
Phyto-Therapy Pty Ltd.
Puris
MaxsunA Industries, Inc.
A&B Ingredients, and Bioway (Xi'an) Organic Ingredients Co. Ltd.
World Food Processing, L.L.C.
Roquette
Others
Organic Pea Protein Market based on type
There are three types of products in this segment:
Isolates
Concentrates
Textured
Hydrolyzed
Isolates segment held a prevailing portion of the overall industry in the year 2022. Pea Protein Isolates are pure vegetarian supplements that are reasonable for vegetarians searching for non-animal source of proteins. Organic pea protein and soy protein isolates are relatively low in fibre and doesn't cause gassiness and swelling, which is impelling the interest for pea protein isolates.
Organic Pea Protein Market based on application
The organic pea protein market application is classified into four segments:
Meat extender and analogs
Snacks and bakery products
Nutritional supplement
Beverages
Other
Nutritional Supplement Segment to Hold Prominent Share of Organic Pea Protein Market. The plant protein market is developing quickly as shoppers tend to move away from animal-based proteins. This shift is driven by rising consciousness of the medical advantages of proteins got from plants, like pea protein, contrasted with those got from meat and dairy sources. Pea protein has high health benefits and absorbability because of the presence of significant degrees of fundamental amino acids.
Organic Pea Protein Market based on form
The organic pea protein market application is classified into two segments:
Dry
Liquid
Dry section held a leading market share in the year 2022. Predominantly, this segmental development can be ascribed towards the vigorous use of dry pea proteins in bread shop and candy parlour sub-section inferable from low capital necessity, water utilization, and lower energy contrasted with wet extraction. Dry processing happens after crushing, drying, and processing entire peas, isolating protein divisions in light of various molecule sizes with a steam of air.
Source: WMR
Organic Pea Protein Market based on function:
Texturing
Emulsification
Gelation
Stabilization
Others
Organic Pea Protein Market by distribution channel
Hypermarkets/supermarkets
Specialty stores
Departmental stores
Online Stores
Organic Pea Protein Market based on end use
Food & Beverages
Bakery & confectionery
Snacks & cereals
Meat additives
Beverages
Dietary supplements
Sports nutrition
Protein powder
Others
Animal Feed
Cosmetics and Personal Care
Pharmaceuticals
Organic Pea Protein Market: By Region
Considering the geographic terrain, the global organic pea protein market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
Asia Pacific Organic Pea Protein Market is anticipated to record Fastest Growth. Pea protein is an extraordinary entity among other plant-based proteins, since it has a high dietary benefit and is appropriate for the both vegan and meat-eaters with its substantial surface.
In addition, pea protein offers medical advantages, for example, it decreases LDL cholesterol. The Asia Pacific market has seen a development in the interest and utilization of pea protein. There are a few factors that have added to the expanded use and utilization of pea protein across Asia Pacific, for example, Pea protein is seen as a healthy option in contrast to soy and dairy proteins.
Organic Pea Protein Market: Competitive Landscape
Major players constituting the competitive hierarchy of this market sphere are Farbest Brands, The Green Labs LLC, The Scoular Company Ltd., Greenway, Organics (Tianjin) Co., Ltd., Vestkorn, YT (XIAN) Biochem Co., Axiom Foods, Inc., Phyto-Therapy Pty Ltd., Puris, MaxsunA Industries, Inc., A&B Ingredients, and Bioway (Xi'an) Organic Ingredients Co. Ltd., World Food Processing, L.L.C., Roquette, Others
The worldwide organic pea protein market is seeing significant development. Central members could acquire extra benefits by situating their items for premium shoppers, not now, but rather in next several years. Produces should be centered around the promoting and attention to the advantages of organic pea protein. Moreover, emerging economies in South Asia and East Asia offer tremendous chances to grow business in the worldwide organic pea protein market.
Report Scope:
Organic Pea Protein Market Forecast Years: 2023-2033
Organic Pea Protein Market Historical Years: 2020-2021
Organic Pea Protein Market 2022: USD 45 Million
Organic Pea Protein Market 2033: USD 97.2million
Organic Pea Protein Market CAGR: 8%
Key Segments: Function, Application, form, distribution channel, end use, and Geographic region.
Key Regions & Countries: North America (the United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, Colombia, etc.), and The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa).
1. Global Organic Pea Protein Market Introduction and Market Overview
1.1. Objective of the Market Research Study
1.2. Organic Pea Protein Market Definition & Description
1.3. Research Data Parameters & Reporting Timelines
1.3.1. Historical Data Reporting Years 2020 to 2021
1.3.2. Projected Data Reporting Years 2023 to 2033
1.3.3. Reporting Data Parameters Value (US$ Million) & Volume (Kilo tons)
1.4. Global Organic Pea Protein Market Scope and Market Estimation
1.4.1. Global Organic Pea Protein Overall Market Size (US$ Million) & (Kilo tons), Market CAGR (%), Market Estimates & Forecast (2020 to 2033)
1.4.2. Global Organic Pea Protein Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2020 to 2033
1.5. Organic Pea Protein Market Segmentation
1.5.1. Type of Global Organic Pea Protein Market
1.5.2. Form of Global Organic Pea Protein Market
1.5.3. Function of Global Organic Pea Protein Market
1.5.4. Application of Global Organic Pea Protein Market
1.5.5. Distribution Channel of Global Organic Pea Protein Market
1.5.6. End Use of Global Organic Pea Protein Market
1.5.7. Key Regions of Global Organic Pea Protein Market
2. Global Organic Pea Protein Market - Executive Summary
2.1. Global Organic Pea Protein Market Summary & Snapshot
2.2. Global Organic Pea Protein Market, By Type (US$ Million) & (Kilo tons)
2.3. Global Organic Pea Protein Market, By Form (US$ Million) & (Kilo tons)
2.4. Global Organic Pea Protein Market, By Function (US$ Million) & (Kilo tons)
2.5. Global Organic Pea Protein Market, By Application (US$ Million) & (Kilo tons)
2.6. Global Organic Pea Protein Market, By Distribution Channel (US$ Million) & (Kilo tons)
2.7. Global Organic Pea Protein Market, By End Use (US$ Million) & (Kilo tons)
2.8. Global Organic Pea Protein Market, By Geography (US$ Million) & (Kilo tons)
2.9. Global Organic Pea Protein Market Outlook & Future Opportunities
3. Organic Pea Protein Market Trends, Outlook, and Factors Analysis
3.1. Global Organic Pea Protein Market Industry Development Trends under COVID-19 Outbreak
3.1.1. Global COVID-19 Status Overview
3.1.2. Influence of COVID-19 Outbreak on Global Organic Pea Protein Market Industry Development
3.1.3. Pre & Post COVID-19 Trends and Scenarios
3.2. Market Dynamics (Growth Impacting Factors & Rationales)
3.2.1. Drivers
3.2.1.1. Rising demand for organic products.
3.2.1.2. Consumers shifting towards vegan food and beverages
3.2.1.3. Increasing government support for organic farming
3.2.1.4. Driver 4
3.2.1.5. Driver 5
3.2.2. Restraints
3.2.2.1. Excessive cost of organic protein products
3.2.2.2. Restraint 2
3.2.3. Opportunities
3.2.3.1. Increasing consumer interest in dietary supplements.
3.2.3.2. Rapidly growing health concerns across globe.
3.2.3.3. Opportunity
3.2.4. Impact Analysis of Drivers and Restraints
3.3. Ecosystem/ Value Chain Analysis
3.4. Porters Five Forces Analysis
3.5. SWOT Analysis
3.6. PEST Analysis
3.7. Average Selling Prices and Pricing Trends Analysis of Organic Pea Protein Market
3.8. Technological Roadmap
3.9. Key Investment Pockets of Organic Pea Protein Market
3.9.1. By Type
3.9.2. By Form
3.9.3. By Function
3.9.4. By Application
3.9.5. By Distribution Channel
3.9.6. By End User
3.9.7. By Regions
4. Global Organic Pea Protein Market: Estimates & Historic Trend Analysis (2020 to 2021)
4.1. Global Organic Pea Protein Market, 2020 2021 (US$ Million) & (Kilo tons)
4.2. Global Organic Pea Protein Market, By Type, 2020 to 2021 (US$ Million) & (Kilo tons)
4.3. Global Organic Pea Protein Market, By Form, 2020 to 2021 (US$ Million) & (Kilo tons)
4.4. Global Organic Pea Protein Market, By Function, 2020 to 2021 (US$ Million) & (Kilo tons)
4.5. Global Organic Pea Protein Market, By Application, 2020 to 2021 (US$ Million) & (Kilo tons)
4.6. Global Organic Pea Protein Market, By Distribution Channel, 2020 to 2021 (US$ Million) & (Kilo tons)
4.7. Global Organic Pea Protein Market, By End Use, 2020 to 2021 (US$ Million) & (Kilo tons)
4.8. Global Organic Pea Protein Market, By Region, 2020 to 2021 (US$ Million) & (Kilo tons)
5. Global Organic Pea Protein Market Estimates & Forecast Trend Analysis, by Type
5.1. Global Organic Pea Protein Market Share (%) Estimates and Forecasts, by Type, 2022 & 2033
5.2. Global Organic Pea Protein Market Size (US$ Million) & (Kilo tons) Estimates and Forecasts, by Type, 2023 to 2033
5.2.1. Isolates
5.2.2. Concentrates
5.2.3. Textured
5.2.4. Hydrolyzed
6. Global Organic Pea Protein Market Estimates & Forecast Trend Analysis, by Form
6.1. Global Organic Pea Protein Market Share (%) Estimates and Forecasts, by Form, 2022 & 2033
6.2. Global Organic Pea Protein Market (US$ Million) & (Kilo tons) Estimates and Forecasts, by Form, 2023 to 2033
6.2.1. Dry
6.2.2. Liquid
7. Global Organic Pea Protein Market Estimates & Forecast Trend Analysis, by Function
7.1. Global Organic Pea Protein Market Share (%) Estimates and Forecasts, by Function, 2022 & 2033
7.2. Global Organic Pea Protein Market (US$ Million) & (Kilo tons) Estimates and Forecasts, by Function, 2023 to 2033
7.2.1. Texturing
7.2.2. Emulsification
7.2.3. Gelation
7.2.4. Stabilization
7.2.5. Others
8. Global Organic Pea Protein Market Estimates & Forecast Trend Analysis, by Application
8.1. Global Organic Pea Protein Market Share (%) Estimates and Forecasts, by Application, 2022 & 2033
8.2. Global Organic Pea Protein Market (US$ Million) & (Kilo tons) Estimates and Forecasts, by Application, 2023 to 2033
8.2.1. Meat Extenders & Analogs
8.2.2. Snacks & Bakery Products
8.2.3. Nutritional Supplements
8.2.4. Beverages
8.2.5. Others
Global Organic Pea Protein Market Estimates & Forecast Trend Analysis, by Distribution Channel
8.3. Global Organic Pea Protein Market Share (%) Estimates and Forecasts, by Distribution Channel, 2022 & 2033
8.4. Global Organic Pea Protein Market (US$ Million) & (Kilo tons) Estimates and Forecasts, by Distribution Channel, 2023 to 2033
8.4.1. Hypermarkets/Supermarkets
8.4.2. Specialty Shops
8.4.3. Departmental Stores
8.4.4. Online Stores
Global Organic Pea Protein Market Estimates & Forecast Trend Analysis, by End Use
8.5. Global Organic Pea Protein Market Share (%) Estimates and Forecasts, by End Use, 2022 & 2033
8.6. Global Organic Pea Protein Market (US$ Million) & (Kilo tons) Estimates and Forecasts, by End Use, 2023 to 2033
8.6.1. Food and Beverages
8.6.1.1. Bakery & Confectionery
8.6.1.2. Snacks & Cereals
8.6.1.3. Meat Additives
8.6.1.4. Beverages
8.6.2. Dietary Supplements
8.6.2.1. Sports Nutrition
8.6.2.2. Protein Powder
8.6.2.3. Others
8.6.3. Animal Feed
8.6.4. Cosmetics and Personal Care
8.6.5. Pharmaceuticals
9. Global Organic Pea Protein Market Analysis and Forecast, by Region
9.1. Global Organic Pea Protein Market Share (%) Estimates and Forecasts, by Region, 2022 & 2033
9.2. Global Organic Pea Protein Market (US$ Million) & (Kilo tons) Estimates and Forecasts, by Region, 2023 to 2033
9.2.1. North America
9.2.2. Europe
9.2.3. Asia Pacific
9.2.4. Middle East and Africa
9.2.5. Latin America
10. North America Organic Pea Protein Market: Estimates & Forecast Trend Analysis
10.1. North America Organic Pea Protein Market Assessments & Key Findings
10.2. North America Organic Pea Protein Market Share (%) Estimates and Forecasts, 2022 & 2033
10.3. North America Organic Pea Protein Market Size Estimates and Forecast (US$ Million) & (Kilo tons) (2023 to 2033)
10.3.1. By Type
10.3.2. By Form
10.3.3. By Function
10.3.4. By Application
10.3.5. By Distribution Channel
10.3.6. By End User
10.3.7. By Major Country
10.3.7.1. The U.S.
10.3.7.2. Canada
11. Europe Organic Pea Protein Market: Estimates & Forecast Trend Analysis
11.1. Europe Organic Pea Protein Market Assessments & Key Findings
11.2. Europe Organic Pea Protein Market Share (%) Estimates and Forecasts, 2022 & 2033
11.3. Europe Organic Pea Protein Market Size Estimates and Forecast (US$ Million) & (Kilo tons) (2023 to 2033)
11.3.1. By Type
11.3.2. By Form
11.3.3. By Function
11.3.4. By Application
11.3.5. By Distribution Channel
11.3.6. By End User
11.3.7. By Major Country
11.3.7.1. Germany
11.3.7.2. The U.K.
11.3.7.3. France
11.3.7.4. Italy
11.3.7.5. Spain
11.3.7.6. Rest of Europe (includes all other European countries)
12. Asia Pacific Organic Pea Protein Market: Estimates & Forecast Trend Analysis
12.1. Asia Pacific Organic Pea Protein Market Assessments & Key Findings
12.2. Asia Pacific Organic Pea Protein Market Share (%) Estimates and Forecasts, 2022 & 2033
12.3. Asia Pacific Organic Pea Protein Market Size Estimates and Forecast (US$ Million) & (Kilo tons) (2023 to 2033)
12.3.1. By Type
12.3.2. By Form
12.3.3. By Function
12.3.4. By Application
12.3.5. By Distribution Channel
12.3.6. By End User
12.3.7. By Major Country
12.3.7.1. China
12.3.7.2. Japan
12.3.7.3. India
12.3.7.4. ASEAN
12.3.7.5. South Korea
12.3.7.6. Rest of Asia Pacific (includes all other Asia Pacific countries)
13. Middle East & Africa Organic Pea Protein Market: Estimates & Forecast Trend Analysis
13.1. Middle East & Africa Organic Pea Protein Market Assessments & Key Findings
13.2. Middle East & Africa Organic Pea Protein Market Share (%) Estimates and Forecasts, 2022 & 2033
13.3. Middle East & Africa Organic Pea Protein Market Size Estimates and Forecast (US$ Million) & (Kilo tons) (2023 to 2033)
13.3.1. By Type
13.3.2. By Form
13.3.3. By Function
13.3.4. By Application
13.3.5. By Distribution Channel
13.3.6. By End User
13.3.7. By Major Country
13.3.7.1. GCC
13.3.7.2. South Africa
13.3.7.3. Egypt
13.3.7.4. Rest of Middle East & Africa (includes all other Middle East & Africa countries)
14. Latin America Organic Pea Protein Market: Estimates & Forecast Trend Analysis
14.1. Latin America Market Assessments & Key Findings
14.2. Latin America Organic Pea Protein Market Share (%) Estimates and Forecasts, 2022 & 2033
14.3. Latin America Organic Pea Protein Market Size Estimates and Forecast (US$ Million) & (Kilo tons) (2023 to 2033)
14.3.1. By Type
14.3.2. By Form
14.3.3. By Function
14.3.4. By Application
14.3.5. By Distribution Channel
14.3.6. By End User
14.3.7. By Major Country
14.3.7.1. Brazil
14.3.7.2. Mexico
14.3.7.3. Rest of Latin America (includes all other Latin America countries)
15. Competitive Landscape
15.1. Market Revenue Share Analysis (%), by Major Players (2021)
15.2. Market Competition Matrix, by Leading Players
15.3. List of Emerging, Prominent and Leading Players
15.4. Major Mergers & Acquisitions, Partnership, Joint Venture, Expansions, Deals, Recent Developments, etc.
16. Company Profiles
16.1. Farbest Brands
16.1.1. Company Overview & Insights
16.1.2. Financial Performance
16.1.3. Product / Service Portfolio
16.1.4. Geographical Footprint & Share
16.1.5. Strategic Initiatives & Key Developments
*Similar details would be provided for all the players mentioned below
16.2. The Green Labs LLC
16.3. The Scoular Company Ltd.
16.4. Greenway Organics (Tianjin) Co., Ltd.
16.5. Vestkorn, YT (XIAN) Biochem Co.
16.6. Axiom Foods, Inc.
16.7. Phyto-Therapy Pty Ltd.
16.8. Puris
16.9. MaxsunA Industries, Inc.
16.10. A&B Ingredients
16.11. Bioway (Xi'an) Organic Ingredients Co. Ltd.
16.12. Puris Food
16.13. AIDP
16.14. Shaanxi Fuheng (Fh) Biotechnology
16.15. Farbest Brands
16.16. The Green Labs
16.17. Bioway (Xian) Organic Ingredients
16.18. Zelang Group
16.19. World Food Processing, L.L.C.
16.20. Roquette
16.21. Archer-Daniels-Midland Company (ADM)
16.22. Others
17. Assumptions and Research Methodology
17.1. Data Mining
17.2. Secondary Research
17.3. Primary Research
17.4. Subject Matter Expert Advice
17.5. Quality Check
17.6. Final Review
17.7. Data Triangulation
17.8. Bottom-Up Approach
17.9. Top Down Approach
17.10. Research Flow
17.11. Key Insights from Industry Experts
17.12. Data Functions
17.13. Assumptions
17.14. Limitations
18. Conclusions and Recommendations
18.1. Key Research Findings and Conclusion
18.2. Key Insights & Recommendations from Analysts