Europe Pea Proteins Market: 2020 Insights, Status, Latest Amendments and Outlook to 2026
Market
Insights:
The Europe Pea Proteins Market research is the compilation of all
the key drivers, opportunities, restraints, and challenges that directly
influence the market. The report is
beneficial to the readers since it helps them to understand the current market
scenario including trends. The report impactful factors are described with
details to help business owners, distributors, suppliers, and more in planning
their future activities carefully and gain significant profits in the coming
years.
Rising health benefits associated with pea protein and high
demand for plant-based dietary supplements, nutritious animal feed and sports
supplements among consumers across the world are pushing forward the demand for
the market. Owing to this, it contains high-quality proteins, iron, arginine,
and branched amnio acids which offer repairing and building of muscle, improves
heart health, and boosts the immunity system. Furthermore, it supports easy
digestion and quickly absorbs fibers in the body, this healthier lifestyle
adoption is likely to drive the Europe pea proteins market.
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The European market is competitive with the presence of
various key players such as Cargill Incorporated, Kerry Inc, Dupont, and some other
major players. These are focusing on product innovation and advancement
according to consumer preference. Also, the rising demand for gluten-free,
non-allergen, and lactose-free plant protein ingredients in food and beverages
will foster the market in Europe.
The post-COVID-19 scenario is one of the responsible factors
for rising in the pea protein market. after the pandemic, rising health and
wellness awareness, concern about the consumption of plant based protein and
its derivatives is likely to boost the Europe Pea Proteins Market in the
future.
Base on the application, the market is segmented into meat
substitutes, nutraceuticals, and sports supplements. Europe pea proteins market
from nutraceuticals segment will witness a growth of 9.5% over the forecast
period, in terms of revenue. Owing to, development in the nutraceuticals
industry, product innovation & expansion, and the use of pea protein in
nutraceutical products such as prebiotics, probiotics, dietary fibers, and
antioxidants. Nutraceuticals assists in treating and preventing diseases and
promotes a healthy balance of life. In addition, the rising consumption of
gluten-free products trend is one of the factors which boosts the Europe Pea
Proteins Market demand.
Considering the sports supplement from the
application segment is expected to grow with a CAGR of 10% during the forecast
period, 2019-2026. Pea protein predominantly used in sports supplements and
nutritional beverages as it contains antioxidant properties. Also, it is a rich
source of amino acids, glutamine, arginine, and lysine which promotes muscle
development. Pea protein-rich drinks are very popular among fitness enthusiast
and sportspersons as it improves performance and overall body growth.
Additionally, pea protein powder used for the preparation of shakes, smoothies,
and energy drinks, which boost stamina and enhance performance. This may fuel the demand for the Europe pea
proteins market.
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Chapter 1 Methodology &
Scope
1.1 Market definitions
1.2 Market assumptions & forecast
parameters
1.3 Appendix
1.4 Data Sources
1.4.1 Primary
1.4.2 Secondary
Chapter 2 Executive Summary
2.1 Europe Pea Proteins industry summary, 2015
- 2026
2.1.1 Business trends
2.1.2 Product trends
2.1.3 Application trends
2.1 4 Country trends
Chapter 3 Europe Pea Proteins
Market Insights
3.1 Industry segmentation
3.2 Industry outlook, 2015 - 2026
3.3 Value Chain
3.4 Regulatory overview
3.5 Market factor analysis
3.5.1 Growth drivers
3.5.2 Growth restraints
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