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Pea Derivatives Market Size, Share & Industry Trends Analysis Report by Application, Type, Regional Outlook and Forecast, 2022-2028

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    Report

  • 219 Pages
  • March 2023
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5778643
The Global Pea Derivatives Market size is expected to reach $5 billion by 2028, rising at a market growth of 10.6% CAGR during the forecast period.

The pea, or Pisum sativum, is a significant food source high in protein, carbohydrates, and fiber. Due to its minimal allergenicity, availability, affordability, high protein content,and origin from a sustainable crop, pea protein is regarded in the international industry as a functional ingredient and a high-quality protein. The solubility, ability to hold both water and oil, ability to form emulsions, ability to gel, and viscosity of pea derivatives are all great functional qualities.



Due to these beneficial qualities, pea derivatives area prospective component in the food sector. The leguminous family's highly cultivated pea is a nutrient-dense pulse crop. Researchers and consumers have recently become very interested in peas' nutritional and health benefits and their byproducts enhanced with biomolecules. The essential nutritional value of peas is well established.

They contain high-quality proteins, starch, carbs, dietary fibers,and micronutrients like vitamins and minerals. Moreover, it is enhanced with non-nutritional phytochemicals, antioxidants, flavonoids, tannins, and other phenolic compounds. By fostering intestinal bacteria, dietary fiber taken from a cell wall's cotyledon, seed coats, and pods has been shown to hasten gastrointestinal activity. By lowering the glycemic index and decreasing the digestion of pea starch, intermediate amylose helps to keep blood sugar levels stable.

Peptides produced from pea proteins provide potential in nutraceuticals. Non-galactooligosaccharides obtained from peas may also reduce the gas produced during fermentation by colonic bacteria. The pea pod with some antioxidant effects also included anti-acetylcholinesterase (anti-AChE).

COVID-19 Impact Analysis

Export restrictions hada detrimental impact on the price of processed products like protein, fiber, and starch. They hada direct impact on the price of numerous crops like peas. As a result, during and after the pandemic, the high price of many pea-based goods acted asa substantial barrier to market growth. Furthermore, the pandemic-induced recession, which reduced many people's disposable money, further contributed to the market's contraction. This is mainly because people opted for cheaper alternatives instead of pea-based products and derivatives. Therefore, the pandemic had a negative impact on the pea derivatives market.

Market Growth Factors

Inclusion of the latest technologies in the pea derivatives extraction and manufacturing processes

Original products with special qualities for certain uses, businesses are heavily spending on research and development. Due to their rich protein content and diverse amino acid composition, pea protein isolates, for instance, have experienced tremendous growth as a vegan protein substitute. Moreover, the texture and flavor of food products are improved by adding pea fibers. Therefore, incorporating the latest manufacturing processes and technologies has aided in the faster and easier extraction of pea derivatives, facilitating the market's growth.

Rising number of studies proving the cancer-preventative properties of pea and pea derivatives

Bioactive substances, such as saponins, lectins, non-starch polysaccharides, folate, selenium, oligosaccharides, and zinc that are present in pulses may operate as a protective mechanism against cancer. Peas contribute to a healthy diet and reduce the risk of cancer due to many bioactive phytochemicals and minerals. As a result, their derivatives are extensively used in supplements and medicines with cancer-preventive effects. In the coming years, more companies will emerge that would utilize these benefits or pea derivatives and thus will drive the market's growth.

Market Restraining Factors

Reduction in dry pea production worldwide

Peas need nitrogen- and nutrient-rich, well-draining soil. Pea crops may not flourish as well or offer lesser yields if these nutrients are lacking in the soil. Especially during dry spells, peas need to be regularly watered. Pea plants could grow improperly and produce less yield if insufficient water is unavailable. These elements could interact, amplifying the effects of each other. In addition, crop cultivation has declined slightly in many places due to the extended dry season. Many of these factors are impeding the pea derivatives market from expanding.

Type Outlook

Based on type, the pea derivatives market is categorized into pea protein, pea starch, pea fiber, and others. The pea fiber segment procured a considerable growth rate in the pea derivatives market in 2021. Peas are used to extract pea fiber, a nutritional fiber. It is a naturally occurring, non-allergenic, and gluten-free substance with several health advantages. Both soluble and insoluble fiber are included in pea fiber, which is crucial for preventing chronic diseases and maintaining digestive health.



Application Outlook

Based on application, the pea derivatives market is segmented into meat substitutes, bakery goods, dietary supplements, beverages, and others. The meat substitutes segment witnessed the maximum revenue share in the pea derivatives market in 2021. With a constant rise in the vegan population due to environmental and health concerns, the popularity of meat substitutes is dramatically rising. The emergence of meat substitute businesses in recent years verifies the rising popularity and evolving consumer trends.

Regional Outlook

On the basis of region, the pea derivatives market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America segment procured the highest revenue share in the pea derivatives market in 2021. Because of the rising demand for cold cereals, energy bars, and snacks, the regional market is anticipated to expand significantly over the coming years. Many pea protein producers, including Burcon, Nutri-Pea, and Roquette, are in Canada. This is a result of the significant pea production in the nation, which has increased the market's accessibility to pea-based products, encouraging market expansion in North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include International Flavors & Fragrances, Inc., Roquette Freres SA, PURIS, NutriPea LP (G.S. Dunn Dry Mustard Millers), The Scoular Company, Fenchem Biotek Ltd., The Green Labs LLC, COSUCRA Groupe Warcoing S.A., Burcon NutraScience Corporation, and Sotexpro (GEMEF Industries).

Scope of the Study

By Application

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

By Type

  • Pea Protein
    • EIsolates
    • Concentrates
    • Textured
    • Hydrolysate
  • Pea Starch
  • Pea Fiber
  • Others

By Geography

  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • International Flavors & Fragrances, Inc.
  • Roquette Freres SA
  • PURIS
  • NutriPea LP (G.S. Dunn Dry Mustard Millers)
  • The Scoular Company
  • Fenchem Biotek Ltd.
  • The Green Labs LLC
  • COSUCRA Groupe Warcoing S.A.
  • Burcon NutraScience Corporation
  • Sotexpro (GEMEF Industries)

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Pea Derivatives Market, by Application
1.4.2 Global Pea Derivatives Market, by Type
1.4.3 Global Pea Derivatives Market, by Geography
1.5 Research Methodology
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Recent Industry Wide Strategic Developments
3.1.1 Partnerships, Collaborations and Agreements
3.1.2 Product Launches and Product Expansions
3.1.3 Acquisition and Mergers
3.1.4 Business and Geographical Expansions
3.1.5 Joint Ventures
3.2 Top Winning Strategies
3.2.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.2.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2018, Jan - 2023, Mar) Leading Players
Chapter 4. Global Pea Derivatives Market by Application
4.1 Global Meat Substitutes Market by Region
4.2 Global Bakery Goods Market by Region
4.3 Global Dietary Supplements Market by Region
4.4 Global Beverages Market by Region
4.5 Global Others Market by Region
Chapter 5. Global Pea Derivatives Market by Type
5.1 Global Pea Protein Market by Region
5.2 Global Pea Derivatives Market by Protein Type
5.2.1 Global Isolates Market by Region
5.2.2 Global Concentrates Market by Region
5.2.3 Global Textured Market by Region
5.2.4 Global Hydrolysate Market by Region
5.3 Global Pea Starch Market by Region
5.4 Global Pea Fiber Market by Region
5.5 Global Others Market by Region
Chapter 6. Global Pea Derivatives Market by Region
6.1 North America Pea Derivatives Market
6.1.1 North America Pea Derivatives Market by Application
6.1.1.1 North America Meat Substitutes Market by Country
6.1.1.2 North America Bakery Goods Market by Country
6.1.1.3 North America Dietary Supplements Market by Country
6.1.1.4 North America Beverages Market by Country
6.1.1.5 North America Others Market by Country
6.1.2 North America Pea Derivatives Market by Type
6.1.2.1 North America Pea Protein Market by Country
6.1.2.2 North America Pea Derivatives Market by Protein Type
6.1.2.2.1 North America Isolates Market by Country
6.1.2.2.2 North America Concentrates Market by Country
6.1.2.2.3 North America Textured Market by Country
6.1.2.2.4 North America Hydrolysate Market by Country
6.1.2.3 North America Pea Starch Market by Country
6.1.2.4 North America Pea Fiber Market by Country
6.1.2.5 North America Others Market by Country
6.1.3 North America Pea Derivatives Market by Country
6.1.3.1 US Pea Derivatives Market
6.1.3.1.1 US Pea Derivatives Market by Application
6.1.3.1.2 US Pea Derivatives Market by Type
6.1.3.2 Canada Pea Derivatives Market
6.1.3.2.1 Canada Pea Derivatives Market by Application
6.1.3.2.2 Canada Pea Derivatives Market by Type
6.1.3.3 Mexico Pea Derivatives Market
6.1.3.3.1 Mexico Pea Derivatives Market by Application
6.1.3.3.2 Mexico Pea Derivatives Market by Type
6.1.3.4 Rest of North America Pea Derivatives Market
6.1.3.4.1 Rest of North America Pea Derivatives Market by Application
6.1.3.4.2 Rest of North America Pea Derivatives Market by Type
6.2 Europe Pea Derivatives Market
6.2.1 Europe Pea Derivatives Market by Application
6.2.1.1 Europe Meat Substitutes Market by Country
6.2.1.2 Europe Bakery Goods Market by Country
6.2.1.3 Europe Dietary Supplements Market by Country
6.2.1.4 Europe Beverages Market by Country
6.2.1.5 Europe Others Market by Country
6.2.2 Europe Pea Derivatives Market by Type
6.2.2.1 Europe Pea Protein Market by Country
6.2.2.2 Europe Pea Derivatives Market by Protein Type
6.2.2.2.1 Europe Isolates Market by Country
6.2.2.2.2 Europe Concentrates Market by Country
6.2.2.2.3 Europe Textured Market by Country
6.2.2.2.4 Europe Hydrolysate Market by Country
6.2.2.3 Europe Pea Starch Market by Country
6.2.2.4 Europe Pea Fiber Market by Country
6.2.2.5 Europe Others Market by Country
6.2.3 Europe Pea Derivatives Market by Country
6.2.3.1 Germany Pea Derivatives Market
6.2.3.1.1 Germany Pea Derivatives Market by Application
6.2.3.1.2 Germany Pea Derivatives Market by Type
6.2.3.1.3 UK Pea Derivatives Market
6.2.3.1.4 UK Pea Derivatives Market by Application
6.2.3.1.5 UK Pea Derivatives Market by Type
6.2.3.2 France Pea Derivatives Market
6.2.3.2.1 France Pea Derivatives Market by Application
6.2.3.2.2 France Pea Derivatives Market by Type
6.2.3.3 Russia Pea Derivatives Market
6.2.3.3.1 Russia Pea Derivatives Market by Application
6.2.3.3.2 Russia Pea Derivatives Market by Type
6.2.3.4 Spain Pea Derivatives Market
6.2.3.4.1 Spain Pea Derivatives Market by Application
6.2.3.4.2 Spain Pea Derivatives Market by Type
6.2.3.5 Italy Pea Derivatives Market
6.2.3.5.1 Italy Pea Derivatives Market by Application
6.2.3.5.2 Italy Pea Derivatives Market by Type
6.2.3.6 Rest of Europe Pea Derivatives Market
6.2.3.6.1 Rest of Europe Pea Derivatives Market by Application
6.2.3.6.2 Rest of Europe Pea Derivatives Market by Type
6.3 Asia Pacific Pea Derivatives Market
6.3.1 Asia Pacific Pea Derivatives Market by Application
6.3.1.1 Asia Pacific Meat Substitutes Market by Country
6.3.1.2 Asia Pacific Bakery Goods Market by Country
6.3.1.3 Asia Pacific Dietary Supplements Market by Country
6.3.1.4 Asia Pacific Beverages Market by Country
6.3.1.5 Asia Pacific Others Market by Country
6.3.2 Asia Pacific Pea Derivatives Market by Type
6.3.2.1 Asia Pacific Pea Protein Market by Country
6.3.2.2 Asia Pacific Pea Derivatives Market by Protein Type
6.3.2.2.1 Asia Pacific Isolates Market by Country
6.3.2.2.2 Asia Pacific Concentrates Market by Country
6.3.2.2.3 Asia Pacific Textured Market by Country
6.3.2.2.4 Asia Pacific Hydrolysate Market by Country
6.3.2.3 Asia Pacific Pea Starch Market by Country
6.3.2.4 Asia Pacific Pea Fiber Market by Country
6.3.2.5 Asia Pacific Others Market by Country
6.3.3 Asia Pacific Pea Derivatives Market by Country
6.3.3.1 China Pea Derivatives Market
6.3.3.1.1 China Pea Derivatives Market by Application
6.3.3.1.2 China Pea Derivatives Market by Type
6.3.3.2 Japan Pea Derivatives Market
6.3.3.2.1 Japan Pea Derivatives Market by Application
6.3.3.2.2 Japan Pea Derivatives Market by Type
6.3.3.3 India Pea Derivatives Market
6.3.3.3.1 India Pea Derivatives Market by Application
6.3.3.3.2 India Pea Derivatives Market by Type
6.3.3.4 South Korea Pea Derivatives Market
6.3.3.4.1 South Korea Pea Derivatives Market by Application
6.3.3.4.2 South Korea Pea Derivatives Market by Type
6.3.3.5 Singapore Pea Derivatives Market
6.3.3.5.1 Singapore Pea Derivatives Market by Application
6.3.3.5.2 Singapore Pea Derivatives Market by Type
6.3.3.6 Malaysia Pea Derivatives Market
6.3.3.6.1 Malaysia Pea Derivatives Market by Application
6.3.3.6.2 Malaysia Pea Derivatives Market by Type
6.3.3.7 Rest of Asia Pacific Pea Derivatives Market
6.3.3.7.1 Rest of Asia Pacific Pea Derivatives Market by Application
6.3.3.7.2 Rest of Asia Pacific Pea Derivatives Market by Type
6.4 LAMEA Pea Derivatives Market
6.4.1 LAMEA Pea Derivatives Market by Application
6.4.1.1 LAMEA Meat Substitutes Market by Country
6.4.1.2 LAMEA Bakery Goods Market by Country
6.4.1.3 LAMEA Dietary Supplements Market by Country
6.4.1.4 LAMEA Beverages Market by Country
6.4.1.5 LAMEA Others Market by Country
6.4.2 LAMEA Pea Derivatives Market by Type
6.4.2.1 LAMEA Pea Protein Market by Country
6.4.2.2 LAMEA Pea Derivatives Market by Protein Type
6.4.2.2.1 LAMEA Isolates Market by Country
6.4.2.2.2 LAMEA Concentrates Market by Country
6.4.2.2.3 LAMEA Textured Market by Country
6.4.2.2.4 LAMEA Hydrolysate Market by Country
6.4.2.3 LAMEA Pea Starch Market by Country
6.4.2.4 LAMEA Pea Fiber Market by Country
6.4.2.5 LAMEA Others Market by Country
6.4.3 LAMEA Pea Derivatives Market by Country
6.4.3.1 Brazil Pea Derivatives Market
6.4.3.1.1 Brazil Pea Derivatives Market by Application
6.4.3.1.2 Brazil Pea Derivatives Market by Type
6.4.3.2 Argentina Pea Derivatives Market
6.4.3.2.1 Argentina Pea Derivatives Market by Application
6.4.3.2.2 Argentina Pea Derivatives Market by Type
6.4.3.3 UAE Pea Derivatives Market
6.4.3.3.1 UAE Pea Derivatives Market by Application
6.4.3.3.2 UAE Pea Derivatives Market by Type
6.4.3.4 Saudi Arabia Pea Derivatives Market
6.4.3.4.1 Saudi Arabia Pea Derivatives Market by Application
6.4.3.4.2 Saudi Arabia Pea Derivatives Market by Type
6.4.3.5 South Africa Pea Derivatives Market
6.4.3.5.1 South Africa Pea Derivatives Market by Application
6.4.3.5.2 South Africa Pea Derivatives Market by Type
6.4.3.6 Nigeria Pea Derivatives Market
6.4.3.6.1 Nigeria Pea Derivatives Market by Application
6.4.3.6.2 Nigeria Pea Derivatives Market by Type
6.4.3.7 Rest of LAMEA Pea Derivatives Market
6.4.3.7.1 Rest of LAMEA Pea Derivatives Market by Application
6.4.3.7.2 Rest of LAMEA Pea Derivatives Market by Type
Chapter 7. Company Profiles
7.1 Burcon NutraScience Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Research & Development Expenses
7.1.4 Recent Strategies and Developments
7.1.4.1 Joint Ventures
7.1.4.2 Product Launches and Product Expansions
7.2 International Flavors & Fragrances, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segment & Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent Strategies and Developments
7.2.5.1 Acquisition and Mergers
7.3 COSUCRA Groupe Warcoing S.A.
7.3.1 Company Overview
7.3.2 Recent Strategies and Developments
7.3.2.1 Partnerships, Collaborations, and Agreements
7.3.2.2 Business Expansions
7.3.2.3 Geographical Expansions
7.4 Roquette Freres SA
7.4.1 Company Overview
7.4.2 Recent Strategies and Developments
7.4.2.1 Partnerships, Collaborations, and Agreements
7.4.2.2 Product Launches and Product Expansions
7.4.2.3 Acquisition and Mergers
7.4.2.4 Geographical Expansions
7.5 PURIS
7.5.1 Company Overview
7.5.2 Recent Strategies and Developments
7.5.2.1 Partnerships, Collaborations, and Agreements
7.5.2.2 Product Launches and Product Expansions
7.5.2.3 Geographical Expansions
7.6 The Scoular Company
7.6.1 Company Overview
7.6.2 Recent Strategies and Developments
7.6.2.1 Partnerships, Collaborations, and Agreements
7.6.2.2 Geographical Expansions
7.7 Sotexpro (GEMEF Industries)
7.7.1 Company Overview
7.8 NutriPea LP (G.S. Dunn Dry Mustard Millers)
7.8.1 Company Overview
7.9 Fenchem Biotek Ltd.
7.9.1 Company Overview
7.10. The Green Labs LLC
7.10.1 Company Overview

Companies Mentioned

  • International Flavors & Fragrances, Inc.
  • Roquette Freres SA
  • PURIS
  • NutriPea LP (G.S. Dunn Dry Mustard Millers)
  • The Scoular Company
  • Fenchem Biotek Ltd.
  • The Green Labs LLC
  • COSUCRA Groupe Warcoing S.A.
  • Burcon NutraScience Corporation
  • Sotexpro (GEMEF Industries)

Methodology

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