The pea protein market study by Future Market Insights (FMI) offers all-inclusive insights into key factors enabling growth across various segments in terms of product and nature. It underscores product launches as key strategy adopted by market players as they aim for expanding their footprint globally
A recent market study published by Future Market Insights on the pea protein market offers global industry analysis for 2016-2020 and opportunity assessment for 2021–2031. The study offers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on the historical, as well as current growth parameters of the pea protein market, the growth prospects of the market are obtained with maximum precision.
The pea protein market revenue totaled US$ 3.2 Bn in 2021, according to Future Market Insights (FMI). Exhibiting a CAGR of 14.2% for 2021-31, the market is expected to reach US$ 12.31 Bn by 2031. The market’s growth trajectory is projected to stay positive, steered by rising demand for sports nutrition and nutraceutical products. As per FMI analysis, sports nutrition and nutraceutical will account for more than 41% of global pea market value share, exhibiting impressive growth through the forecast period.
Request a report sample to gain comprehensive market insights at: https://www.futuremarketinsights.com/reports/sample/rep-gb-697
“The number of vegans and vegetarians on a global scale has risen dramatically in recent years as consumers actively pursue sustainable lifestyles. Following this trend, there has been an increase in demand for vegan and natural products, creating a favorable environment for growth of the market through the coming decade,” says a lead analyst at FMI.
Key Takeaways from the Pea Protein Market Study:
In the global pea protein market, manufacturers are focusing on strengthening their product portfolio to cater to the rising demand. Increasing demand for plant-based protein foods in the market are encouraging key players to expand their portfolios. For instance:
Buy Now Report Here: https://www.futuremarketinsights.com/checkout/697
Table Of Content:
1. Market Overview
2. The Massive Impact of the Crisis
3. Consumer Behaviour and Attitude Measurement
4. Product Launch Track & Trends
5. Key Success Factors
6. Global Pea Protein Market Demand (Size in US$ Mn) Analysis 2016-2020 and Forecast, 2021-2031
7. Global Pea Protein Market – Pricing Analysis, 2021 & 2031
8. Value Chain Analysis
9. Market Background and Associated Industry
10. Global Pea Protein Market Analysis 2016-2020 and Forecast 2021-2031, By Product Type
Explore Wide-ranging Coverage of FMI’s Food, and Beverages Landscape:
Dietary Supplements Market: Find insights on the dietary supplements market with analysis of statistics, segments, players, influencers, and business strategies adopted over a 10-year forecast period.
Food Enzymes Market: FMI’s report on the food enzymes market provides insights on the market for 2021-2031. The study provides insights on restraining forces, revenue sources, market leaders, and market strategies.
Cellulose Fiber Market: An analysis on the cellulose fiber market with information on opportunities, growth levers, regional markets, restraints, regulatory policies, and strengths of market players.