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Pulished Date February, 2020
ID: 708
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Europe Pea Protein Market by Type (Concentrated, Isolated, and Textured), By Application (Snacks & Bakery Products, Meat Extenders, Meat Substitute, Food & Beverages, Others) and By Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) – Size, Share, Trends, Growth, Forecast (2020-2025)

Pulished: February, 2020
ID: 708
Pages: 145

Europe Pea Protein Market Growth and Forecast (2020-2025):

The Europe Pea Protein Market was worth US$ xx million in 2020, and it is estimated that it will reach a valuation of US$ xx million by 2025 with a notable annual expansion rate between 2020 and 2025.

Market Overview:

Pea protein is one of these innovations introduced in the plant-based protein category to meet the growing niche demand in the health enthusiast consumer base. Pea protein products can replace most other proteins in a wide range of foods without affecting the color, taste or texture of the product and, in some cases, can provide potential cost savings. This is a common problem with other protein powders. Pea protein is preferred over other possible options because it is gluten-free and dairy-free. Pea protein is useful for various medical applications, such as promoting metabolism, controlling weight, maintaining muscle health, regulating blood sugar, improving blood circulation, and calcium absorption. As a result, it is increasingly recognized as an important alternative to other available forms of protein.

Recent Developments in Europe Pea Protein Industry:

  • In January 2020, Rouquette Freres (France) and Beyond Meat signed a multi-year partnership to supply pea protein of plant-based meat products.

Europe Pea Protein Market Growth:

The rising trend of convenience food spending in developing countries and the multi-functional nature of pea protein are key factors expected to drive Europe market growth during the forecast period.

Drivers:

The growing preference for vegetarian food is expected to be one of the main drivers of the Europe pea protein market. As awareness of fortified nutrition increases, dietary supplements are expected to increase in importance and have a positive impact on the market. With the preference for vegan diets in developed countries like the European Union, the market for pea protein, along with other plant proteins, is increasing as an alternative source of protein. The Europe pea protein market is also expected to grow in the future as health and wellness concerns rise. The rising call for meat substitutes, growth in lactose intolerance cases, and increased need for gluten-free products are supposed to accelerate the market for pea proteins in Europe. In addition, the huge investment in development research by pea protein manufacturing companies is expected to play an important role in the growth of the pea protein market. Pea protein is used to make high quality and easily digestible meat substitutes due to its neutral taste and combined tissue properties. The growing awareness of the benefits of natural ingredients will increase the demand for products in the food and beverage industry for vegan alternatives. Along with changing lifestyle trends, the rapid movement of consumers towards healthy preparations has led manufacturers to opt for affordable vegetarian ingredients. Industry players are rapidly adopting pea protein in confectionery and confectionery manufacturing such as chocolate, candy, and energy bars. With the increasing adoption of high-quality, easily digestible separatists, the rapid transition of the fitness industry to vegetarian alternatives will improve the prospects of the Europe market.

Additionally, the rapid transition to plant-based alternatives and the rapid adoption of prominent celebrities are attracting a younger population which may fuel the growth of the pea protein industry. Besides, awareness of the side effects associated with foods containing gluten and lactose will play an important role in increasing demand for products. As concerns mount about cardiovascular disease associated with red meat consumption, the growing importance of a liquor diet among the majority of the European population is expected to continue to be a favorable factor driving market growth. Growing concern about dairy and meat allergies is expected to increase demand for protein-fortified foods in the near future. With the increasing importance of protein consumption for vegetarians, the demand for pea protein powder is expected to increase. Global extrusion and processing and technological advancements in emerging markets are expected to provide opportunities for the European pea protein market in the near future. Additionally, the rich concentrations of branched-chain amino acids, protein, and vitamins support a balanced daily diet with the potential to drive market demand for pea protein in Europe.

Restraints:

Low consumer perception of pea protein products is having a major impact on European market growth. The market penetration of animal protein and other vegetable proteins such as rice, wheat, soybeans, etc., somewhat hinders the growth of this market. The formulation problems of pea protein products are also a major factor impeding the growth of the Europe pea protein market.

Impact of COVID 19 on the Europe Pea Protein Market:

COVID-19 Delivers Surprising Increase in Pea Protein Sales.

Pea proteas maker Beyond Meat and Impossible Foods saw sales spike during the coronavirus pandemic due to a shortage of beef and pork. Medical studies show that coronavirus disease overwhelmingly affects people with underlying health conditions, such as diabetes, high blood pressure, and heart disease. Alternative protein-based diets are rich in macronutrients, micronutrients, and antioxidants, so they can help reduce the effects of the virus in people at risk. Therefore, the growth of the pea protein market increases.

Europe Pea Protein Market Segmentation Analysis:

The Europe Pea protein market is segmented by type and application.

By type, in terms of value 2019, Pea protein isolates have a growing number of applications, such as high-performance nutrition products, confectionery, cereals, plant-based dairy and plant-based meat products. Pea Protein Isolate is a high-quality protein rich alternative for vegetarians, vegetarians, lactose intolerant consumers and people looking for a nutritious protein alternative.

The applications covered by the pea protein market are snacks & bakery products, meat extenders, meat substitute, food & beverages.

Regional Analysis:

Geographically the Europe Pea Protein Market is segmented into UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe. Europe was the second-largest consumer in 2019. Along with growing concerns about lactose intolerance, consumer preferences for plant products are expected to drive the local market. The French market for pea protein is registering an average annual growth rate of 8.1%. The growing preference for healthy foods is a major factor driving the French pea protein market. The decline in animal protein consumption due to various intolerances is also a factor driving the growth of the pea protein market in Europe. There is considerable government support for the production and consumption of plant proteins such as soybeans. Because it requires fewer natural resources for the same level of protein. Pea protein is the most requested pea protein in France. Growing demand for non-allergenic, gluten-free and lactose-free protein ingredients in Europe and in food. In addition, its proven nutritional properties and its greater western influence have made it more popular among the populations of Eastern European countries.

Key Players in the Market:

Major Key Players in the Europe Pea Protein Market are

  • A&B Ingredients
  • Roquette Freres
  • Shandong Jianyuan Foods Co., Ltd
  • Axiom Foods Inc
  • Farbest Brands
  • The Scoular Company
  • Nutri-Pea Ltd
  • Consucra-Groupe Warcoing
  • Sotexpro
  • Tai Shuang Ta Food Co
  • AGT Foods
  • Burcon NutraScience Ltd
  • ET-Chem
  • Kerry Inc
  • Batory Foods

1. Introduction                         

          1.1 Market Definition                

          1.2 Scope of the report             

          1.3 Study Assumptions             

          1.4 Base Currency, Base Year and Forecast Periods            

2. Research Methodology                    

          2.1 Analysis Design                  

          2.2 Research Phases                 

                   2.2.1 Secondary Research

                   2.2.2 Primary Research    

                   2.2.3 Data Modelling       

                   2.2.4 Expert Validation    

          2.3 Study Timeline          

3. Report Overview                   

          3.1 Executive Summary             

          3.2 Key Inferencees                  

4. Market Dynamics                            

          4.1 Impact Analysis                  

                   4.1.1 Drivers         

                   4.1.2 Restaints     

                   4.1.3 Opportunities         

          4.2 Regulatory Environment                

          4.3 Technology Timeline & Recent Trends               

5. Competitor Benchmarking Analysis                     

          5.1 Key Player Benchmarking               

                   5.1.1 Market share analysis       

                   5.1.2 Products/Service    

                   5.1.3 Regional Presence   

          5.2 Mergers & Acquistion Landscape             

          5.3 Joint Ventures & Collaborations               

6. Market Segmentation                      

          6.1 Pea Protein Market, By Type          

                   6.1.1 Concentrated

                   6.1.2 Isolated        

                   6.1.3 Textured      

                   6.1.4 Market Size Estimations & Forecasts (2020-2025)   

                   6.1.5 Y-o-Y Growth Rate Analysis       

                   6.1.6 Market Attractiveness Index       

          6.2 Pea Protein Market, By Application           

                   6.2.1 Snacks & Bakery Products 

                   6.2.2 Meat Extenders      

                   6.2.3 Meat Substitute      

                    6.2.4 Food & Beverages   

                   6.2.5 Market Size Estimations & Forecasts (2020-2025)   

                   6.2.6 Y-o-Y Growth Rate Analysis       

                   6.2.7 Market Attractiveness Index       

7. Geographical Landscape                            

          7.1 Regional Identity Governance and Administration Market, by Region           

          7.2 Europe - Market Analysis (2020 - 2025)           

                   7.2.1 By Country   

                             7.2.1.1 UK

                             7.2.1.2 France

                             7.2.1.3 Germany

                             7.2.1.4 Spain

                             7.2.1.5 Italy

                             7.2.1.6 Rest of Europe

                   7.2.2 By Type       

                   7.2.3 By Application        

8. Key Player Analysis                         

          8.1 Rouquette Freres                

                   8.1.1 Business Description        

                   8.1.2 Products/Service    

                   8.1.3 Financials     

                   8.1.4 SWOT Analysis       

                   8.1.5 Recent Developments       

                   8.1.6 Analyst Overview    

          8.2 Ingredion Inc             

          8.3 Emsland Group          

          8.4 DuPont           

          8.5 Puris Foods               

          8.6 Glanbia PLC               

          8.7 A&B Ingredients                  

          8.8 Fenchem Inc             

          8.9 Axiom Foods Inc                 

          8.10 The Scoular Company                 

9. Market Outlook & Investment Opportunities                            

Appendix                        

          List of Tables                  

          List of Figures                 

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The Segment-level analysis in terms of By Type, Application and along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

 

 

  1. Europe Pea Protein Market By Type, From 2020-2025 ( USD Billion )
  2. Europe Concentrated Market By Region, From 2020-2025 ( USD Billion )
  3. Europe Isolated Market By Region, From 2020-2025 ( USD Billion )
  4. Europe Textured Market By Region, From 2020-2025 ( USD Billion )
  5. Europe Pea Protein Market By Application, From 2020-2025 ( USD Billion )
  6. Europe Snacks & Bakery Products Market By Region, From 2020-2025 ( USD Billion )
  7. Europe Meat Extenders Market By Region, From 2020-2025 ( USD Billion )
  8. Europe Meat Substitute Market By Region, From 2020-2025 ( USD Billion )
  9. Europe Food & Beverages Market By Region, From 2020-2025 ( USD Billion )
  10. U.K. Pea Protein Market By Type, From 2020-2025 ( USD Billion )
  11. U.K. Pea Protein Market By Application, From 2020-2025 ( USD Billion )
  12. Germany Pea Protein Market By Type, From 2020-2025 ( USD Billion )
  13. Germany Pea Protein Market By Application, From 2020-2025 ( USD Billion )
  14. France Pea Protein Market By Type, From 2020-2025 ( USD Billion )
  15. France Pea Protein Market By Application, From 2020-2025 ( USD Billion )
  16. Italy Pea Protein Market By Type, From 2020-2025 ( USD Billion )
  17. Italy Pea Protein Market By Application, From 2020-2025 ( USD Billion )
  18. Spain Pea Protein Market By Type, From 2020-2025 ( USD Billion )
  19. Spain Pea Protein Market By Application, From 2020-2025 ( USD Billion )

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