Pea Protein Market Analysis Highlights the Impact of COVID-19 2020-2024 | Increasing Demand for Plant-Based Diets to Boost Market Growth | Technavio

LONDON–(BUSINESS WIRE)–#GlobalPeaProteinMarket–Technavio has been monitoring the pea protein market and it is poised to grow by USD 16.16 million during 2020-2024, progressing at a CAGR of almost 9% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.


Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Axiom Foods Inc., Burcon NutraScience Corp., COSUCRA – Groupe Warcoing, DuPont de Nemours Inc., Emsland-Starke GmbH, GEMEF Industries, Glanbia Plc, Kerry Group Plc, Puris, and Roquette Freres SA are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Increasing demand for plant-based diets has been instrumental in driving the growth of the market.

Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Pea Protein Market 2020-2024: Segmentation

Pea Protein Market is segmented as below:

  • Geographic Landscape

    • North America
    • Europe
    • APAC
    • South America
    • MEA
  • Product

    • Textured Pea Protein
    • Pea Protein Isolate
    • Pea Protein Concentrate
  • Application

    • Dietary Supplements
    • Bakery Products
    • Meat Substitutes
    • Beverages
    • Others

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43035

Pea Protein Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The pea protein market report covers the following areas:

  • Pea Protein Market Size
  • Pea Protein Market Trends
  • Pea Protein Market Analysis

This study identifies the high nutrient profile of pea protein and rapid product expansion as the prime reasons driving the pea protein market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Pea Protein Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist pea protein market growth during the next five years
  • Estimation of the pea protein market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the pea protein market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of pea protein market vendors

Table of Contents:

Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 – 2024

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Textured pea protein – Market size and forecast 2019-2024
  • Pea protein isolate – Market size and forecast 2019-2024
  • Pea protein concentrate – Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Dietary supplements – Market size and forecast 2019-2024
  • Bakery products – Market size and forecast 2019-2024
  • Meat substitutes – Market size and forecast 2019-2024
  • Beverages – Market size and forecast 2019-2024
  • Others – Market size and forecast 2019-2024
  • Market opportunity by Application

Customer Landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • APAC – Market size and forecast 2019-2024
  • South America – Market size and forecast 2019-2024
  • MEA – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography

Drivers, Challenges, and Trends

  • Market drivers
  • Volume driver – Demand led growth
  • Volume driver – Supply led growth
  • Volume driver – External factors
  • Volume driver – Demand shift in adjacent markets
  • Price driver – Inflation
  • Price driver – Shift from lower to higher priced units
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Axiom Foods Inc.
  • Burcon NutraScience Corp.
  • COSUCRA – Groupe Warcoing
  • DuPont de Nemours Inc.
  • Emsland-Starke GmbH
  • GEMEF Industries
  • Glanbia Plc
  • Kerry Group Plc
  • Puris
  • Roquette Freres SA

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

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