Pea Protein Demand To Reach US$359 Million
Friday, December 22nd, 2017 | 1224 Views
Pea Protein Demand To Reach US$359 Million Consumers are increasingly aware on the benefits of protein, thus driving the plant proteins market, according to market intelligence company Research and Markets.
The global pea protein market is projected to reach US$359 million by 2022, expanding at a compound annual growth rate of 13.4 percent during the forecast period of 2017 to 2022.
Pea protein offers a good amino acid profile, including quite a number of the branched-chain amino acids that are well-known for decreasing muscle breakdown. It also aids in weight loss, supports a healthy heart by lowering blood pressure, increases muscle thickness just as potently as dairy-based proteins, and regulates blood sugar.
Market drivers fuelling demand for pea protein include the growing health and wellness trend, increasing consumer focus on meat alternatives, growing demand from the food and beverage industry, advancement in ingredient technologies such as micro-encapsulation, increasing soy free and gluten free trend, and increasing awareness about the benefits of protein and growing demand for protein rich diet.