Pea Protein Market
Research Insights:
Rapid shift towards vegan culture due to rising health concerns is a key market growth driver
Pea protein is an immensely rich source of protein extracted from yellow and green split peas. Pea Protein Products have become widely popular as protein supplements that help enhance one’s nutrient intake. Usually, pea protein is available in the form of powdered supplements and is in high demand, especially among sports professionals and athletes, for its low allergenicity and high nutritional value. It is a versatile source of protein that helps increase muscle mass and reduce body weight. Moreover, it can be used as a functional food ingredient, such as a thickener, emulsifier, or a foaming agent, in a variety of food items. Pea protein can be extracted in a powdered form and can be processed in various ways. For instance, pea protein isolate, which has the highest protein concentration, is made through the process of wet fractionation. Pea protein concentration, which is relatively lower in protein concentration, is processed through dry fractionation. In the textured form, pea protein is used in foods, such as plant-based meat patty, as meat substitutes.
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The multifunctional properties of pea protein, expanding vegan population, surging awareness about the nutritional benefits of plant-based foods, the rising trend of spending extravagantly on convenience and functional foods, and the surging use of pea protein in meat substitutes, sports supplements, and nutraceuticals are the key parameters propelling the growth of the global pea protein market. Pea protein is increasingly being used by the leading meat and dairy food manufacturers across the globe to build on their plant-based food portfolios. The vegan culture has been snowballing over recent years, and therefore, the rising health and environmental concerns regarding meat & dairy products have given rise to the ‘fake meat’ revolution in the global food & beverage industry. In response to this, manufacturers have introduced a diverse range of plant-based protein beverages and snacks. For instance, the leading British sports nutrition brand, Myprotein, recently came up with its all-natural, zero-sugar Pea Protein Isolate, packed with 100% organic pea protein extract scientifically proven to support muscle growth.
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Pea protein isolates are most popular among the different pea protein products, owing to their extensive usage in plant-based dairy and meat products, cereals, high-performance nutrition products, and confectioneries. Pea protein isolates are protein-rich alternatives to meat products and are highly digestible. Moreover, they contain vital nutrients like glutamine, leucine, arginine, and essential amino acids. Rouquette Freres, Puris Foods, Ingredion, The Green Labs LLC, Emsland Group, DuPont, Fenchem Inc., A&B Ingredients, Cosucra Groupe Warcoing, The Scoular Company, Glanbia PLC, Burcon Nutrascience Corp, Shandong Jianyuan Foods Co., Ltd., Kerry Inc., Axiom Foods Inc., Batory Foods, SotexPro, AGT Foods, Yan Tai Shuang Ta Food Co., Ltd., and ET-Chem are among the key manufacturers in the global pea protein market. In January 2020, the leading French specialty food company, Rouquette Freres, partnered with Beyond Meat to supply its organic pea protein for the American restaurant chain’s plant-based meat products. Furthermore, in August 2020, food & beverage giant Nestle introduced its first-ever pea protein-based beverage, called Nesfit Sabor Natural, in Brazil. The product is an excellent plant-based alternative to milk beverages and has high nutritional content.
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