Organic pea protein market is projected to reach USD 18.5 million by 2021, at a CAGR of 12.0% from 2016 to 2021.
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The key players in the Organic Pea Protein Market include – Axiom Foods, Inc. (U.S.), The Scoular Company (U.S.), Farbest Brands (U.S.), AIDP, Inc. (U.S.), Shaanxi Fuheng Biotechnology Co., Ltd (China), World Food Processing, L.L.C. (U.S.), The Green Labs LLC (U.S.), Phyto-Therapy Pty. Ltd. (Australia), Bioway (Xi’an) Organic Ingredients Co., Ltd. (China), and Zelang Group (China).
North America region, which includes countries such as the U.S., Canada, and Mexico, which have shown an increment in the consumption rate of organic food. This is in line with the consumer trend for healthy food products, increasing importance for balanced diet, and rise in incorporation of healthy food ingredients into a wide range of applications.
- Raw material suppliers/ farmers
- Suppliers of organic pea protein
- Organic farmers
- Agricultural institutes
- R&D institutes
- Technology providers
- Organic pea protein manufacturers/suppliers
- Intermediary suppliers
- Food & beverage manufacturers
- Research institutes and organizations
- Government bodies, venture capitalists, and private equity firms
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This report analyzes the organic pea protein market, in terms of type, form, application, and region. The organic pea protein market has grown steadily in the last few years and this trend is projected to continue until 2021. The primary factors driving the global success of organic pea protein is growth in the increasing consumption of organic food products, rising government support for organic farming in developed & emerging countries due to its sustainability approach, and changing consumer preferences towards healthy food products.
On the basis of form, the market is segmented into dry and liquid. The dry form has more functional properties and nutritive values. Hence, it is used in a wide range of food applications such as nutritional supplements, meat extenders & analogs, and snacks & bakery products, and some other food products. Thus, increasing incorporation into food products led the dry segment to capture the largest market share in 2015, in terms of value.
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