Global Market Size of Pea Protein Market- 10 Year Market Forecast

Food & Beverages

Pea Protein Market Size Forecast 2022-2029

 

Pea protein is a source of protein extracted from green and yellow peas in the form of a powder. The global pea protein market size is estimated to be USD 1.32 Billion in the year 2022 and is expected to reach USD 2.66 Billion by the year 2029, giving a CAGR of 11% during the forecast period. The increasing trend of consuming convenience food and having a healthy diet are driving factors for the growth of the pea protein market. The COVID-19 pandemic has made exports and finding labor difficult which has been a major restraint in the growth of this market.

Frequently Asked Questions(FAQ)

• How many countries are covered by the Pea Proteins market report?

• 20 countries are covered by the Pea Proteins market report.
• What are the key drivers of this market?

• The Multifunctional properties of pea protein and increase in spending on convenience food could be the key drivers of this market.
• What are the restraints in the growth of this market?

• High costs of extraction and processing acts as a restraint in the growth of this market.
• Which region of the market segment is forecasted to generate the most revenue in the Pea Proteins market?

• Europe is forecasted to generate the most revenue in the Pea Proteins market
• What is global market database?

• The Pea Protein market and its changing trends can be studied using global market database. The market research and intelligence tool studies the shift in line with changing market trends.

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