
Region:North America
Author(s):Shubham Kashyap
Product Code:KROD3053
November 2024
83


s
The USA Pea Protein market is highly competitive, with several key players focusing on product innovation, strategic partnerships, and expanding production capacities to meet growing demand. Leading companies include Roquette Frres, Cargill Inc., Axiom Foods, Ingredion Incorporated, and Glanbia Nutritionals. These companies are actively investing in research and development to improve the quality, taste, and functionality of pea protein in various food applications.
|
Company Name |
Establishment Year |
Headquarters |
No. of Employees |
Revenue (USD) |
Key Products |
R&D Investments |
Geographical Reach |
Partnerships |
|
Roquette Frres |
1933 |
Lestrem, France |
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|
Cargill Inc. |
1865 |
Minneapolis, MN |
||||||
|
Axiom Foods |
2005 |
Los Angeles, CA |
||||||
|
Ingredion Incorporated |
1906 |
Westchester, IL |
||||||
|
Glanbia Nutritionals |
1964 |
Kilkenny, Ireland |
Growth Drivers
Market Challenges
The USA Pea Protein Market is expected to experience strong growth over the next five years, driven by increasing consumer preference for plant-based diets, innovations in food technology, and the growing vegan and vegetarian population. Advancements in processing techniques to enhance the taste, texture, and functionality of pea protein will create new opportunities in the food and beverage sector. Sustainability initiatives will also drive demand as companies seek to reduce their environmental footprint by sourcing sustainable protein ingredients.
Future Market Opportunities
|
By Product Type |
Pea Protein Isolates Pea Protein Concentrates Textured Pea Protei Functional Pea Protein |
|
By Application |
Food & Beverages Dietary Supplements Animal Feed Others |
|
By Form |
Dry Pea Protein Liquid Pea Protein |
|
By End-User |
Food Processors Retailers Food Service |
|
By Distribution Channel |
Online Supermarkets/Hypermarkets Specialty Stores Others |
1.1. Definition and Scope
1.2. Market Taxonomy (Pea Protein Isolates, Concentrates, Textured Pea Protein, Functional Proteins)
1.3. Market Growth Rate (CAGR, Revenue in USD)
1.4. Market Segmentation Overview (By Product Type, By Application, By End-User, By Form, By Distribution Channel)
2.1. Historical Market Size (Analysis of Pea Protein Market for the past 5 years)
2.2. Year-On-Year Growth Analysis (Growth Trends & Key Metrics)
2.3. Key Market Developments and Milestones (Mergers, Acquisitions, Innovations)
3.1. Growth Drivers
3.1.1. Rise in Plant-Based Diets
3.1.2. Increased Demand for Sustainable Protein Sources
3.1.3. Food & Beverage Industry Innovation
3.1.4. Consumer Health Awareness
3.2. Market Challenges
3.2.1. High Production Costs
3.2.2. Limited Consumer Awareness of Pea Protein Benefits
3.2.3. Competition with Other Plant-Based Proteins
3.2.4. Supply Chain Issues for Pea Farming
3.3. Opportunities
3.3.1. Expansion into Sports Nutrition
3.3.2. Rising Use in Pet Food
3.3.3. Increasing Investment in Sustainable Agriculture
3.3.4. Development of Organic Pea Protein
3.4. Trends
3.4.1. Incorporation in Meat Substitutes and Dairy Alternatives
3.4.2. Functional Foods and Ready-to-Drink Products
3.4.3. Clean Label Products
3.5. Government Regulation
3.5.1. FDA Approvals for Novel Uses
3.5.2. Sustainability Guidelines
3.5.3. Labeling Regulations
3.6. SWOT Analysis
3.7. Stake Ecosystem
3.7.1. Ingredient Suppliers
3.7.2. Food Manufacturers
3.7.3. Retailers
3.8. Porters Five Forces
3.9. Competition Ecosystem (Competitors by Product Innovation, Brand Positioning, Geographical Expansion)
4.1. By Product Type (In Value %)
4.1.1. Pea Protein Isolates
4.1.2. Pea Protein Concentrates
4.1.3. Textured Pea Protein
4.1.4. Functional Pea Protein
4.2. By Application (In Value %)
4.2.1. Food & Beverages
4.2.2. Dietary Supplements
4.2.3. Animal Feed
4.2.4. Others
4.3. By Form (In Value %)
4.3.1. Dry Pea Protein
4.3.2. Liquid Pea Protein
4.4. By End-User (In Value %)
4.4.1. Food Processors
4.4.2. Retailers
4.4.3. Food Service
4.5. By Distribution Channel (In Value %)
4.5.1. Online
4.5.2. Supermarkets/Hypermarkets
4.5.3. Specialty Stores
4.5.4. Others
5.1 Detailed Profiles of Major Companies
5.1.1. Roquette Frres
5.1.2. Cargill Inc.
5.1.3. Axiom Foods
5.1.4. Ingredion Incorporated
5.1.5. Glanbia Nutritionals
5.1.6. Burcon NutraScience Corporation
5.1.7. Puris Foods
5.1.8. Cosucra Groupe Warcoing
5.1.9. Emsland Group
5.1.10. Shandong Jianyuan Group
5.1.11. AGT Foods
5.1.12. The Scoular Company
5.1.13. NutriPea
5.1.14. Beyond Meat
5.1.15. Amway
5.2 Cross Comparison Parameters (No. of Employees, Headquarters, Inception Year, Revenue, Key Products, R&D Investments, Geographical Reach, Partnerships)
5.3 Market Share Analysis
5.4 Strategic Initiatives
5.5 Mergers And Acquisitions
5.6 Investment Analysis
5.7 Venture Capital Funding
5.8 Government Grants
5.9 Private Equity Investments
6.1 FDA Guidelines (Product Approvals, Labeling Requirements)
6.2 Sustainability Standards (Environmental Regulations for Pea Farming)
6.3 Compliance Requirements (Clean Label and Allergen-Free Claims)
7.1 Future Market Size Projections
7.2 Key Factors Driving Future Market Growth (Sustainability, Consumer Preferences, Industry Innovation)
8.1 By Product Type (In Value %)
8.2 By Application (In Value %)
8.3 By Form (In Value %)
8.4 By End-User (In Value %)
8.5 By Distribution Channel (In Value %)
9.1 TAM/SAM/SOM Analysis
9.2 Customer Cohort Analysis
9.3 Marketing Initiatives
9.4 White Space Opportunity Analysis
The initial phase involves constructing an ecosystem map of the USA Pea Protein market, focusing on the primary stakeholders, including producers, distributors, and end-users. This process entails comprehensive desk research using both secondary sources and proprietary databases to gather key industry-level information.
In this phase, historical data on market size, consumption patterns, and production capacities is collected. The data is analyzed to construct a reliable model that estimates market growth. This includes factors such as consumer preferences, production trends, and market penetration rates.
We develop market hypotheses based on initial findings and validate them through expert consultations, including interviews with key players in the market such as pea protein producers and food manufacturers. These insights are vital in refining market estimates and projections.
The final step involves synthesizing data from multiple sources, including industry reports, expert interviews, and internal databases, to deliver a validated and comprehensive analysis of the USA Pea Protein market. This process ensures accuracy and reliability of the market projections.
The USA Pea Protein market is valued at USD 485 million in 2023, driven by the rising demand for plant-based diets, innovations in food applications, and consumer health trends.
Key challenges in the USA Pea Protein market include high production costs compared to other plant proteins like soy, limited consumer awareness of pea protein benefits, and supply chain constraints in sourcing pea crops.
Major players in the USA Pea Protein market include Roquette Frres, Cargill Inc., Axiom Foods, Ingredion Incorporated, and Glanbia Nutritionals. These companies lead through innovation, strategic partnerships, and global reach.
The USA Pea Protein market Growth is fueled by increasing consumer interest in plant-based foods, advancements in food and beverage innovation, and the rising trend of sustainable and allergen-free protein sources.
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