Food & Beverages / PEA FIBER MARKET Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players- Vestkorn Milling AS, A&B Ingredients, Roquette Frères Company, AGT Food And Ingredients, Parrheim Foods
PEA FIBER MARKET Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players- Vestkorn Milling AS, A&B Ingredients, Roquette Frères Company, AGT Food and Ingredients, Parrheim Foods
Acknowledging the kind of traction gained by this market, recently published a study report by industry data analytics asserts the Global Pea Fiber Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 8.3% during the review period (2022 to 2027).
Global Pea Fiber Market Overview
Pea Fibre reduces levels of low-density lipoprotein (LDL, or bad) cholesterol in our blood, lowers blood pressure and manage diabetes which is leading to increased demand for pea fibre among consumers. The diverse benefit offered by the element, is further driving the demand in global pea fibre market. Their impressive fibre strength and nutritional content significantly benefits the digestive health and helps in upholding the growth of healthy bacteria. Pea fibre is rich in nutrients, has high amount of protein, and is cholesterol-free, which is swaying its demand in the global marketplace. For example, Vestkorn, a global supplier of ingredients from peas and beans, manufactures Fibradan, which is made from pea hull and has high content of nutritional fibre. It is a good source of essential vitamins and minerals, and consumes major applications in physical and pet nutrition products.
Peas are an exceptional source of fiber. Their extraordinary nutritional and fiber content considerably assist digestive health. Moreover, the rich fiber content of peas ropes to uphold the growth of healthy bacteria in the intestines, which further helps prevent harmful microorganisms from increasing. Pea Fiber is typically used as a food element to enhance the amount of fiber content in foods, including tortillas, bread, pasta, biscuits, snack foods, crackers, dietary additions, and nutrition bars. In the recent past, pea fiber is gaining traction in the pet food industry, and manufacturing is focused on supplying its products in palletizing form.
Who are the Prime Players in Pea Fiber Market?
The Global Pea Fiber Market includes identification and analysis of the various market participants competing in the global market. Prime competitors include Vestkorn Milling AS, A&B Ingredients, Roquette Frères Company, AGT Food and Ingredients, Parrheim Foods, Shandong Jianyuan Foods, Yantai Oriental Protein Tech Co., Ltd., Ingredion Incorporated, SunOptra Ingredients Group, J. RETTENMAIER & Söhne Group
Industry News and Updates:
MARCH 3, 2022: AGT Food and Ingredients Inc. Announces Value-Added Oat Milling Facility
AGT Food and Ingredients Inc. (“AGT”) is pleased to announce the start of commissioning of a value-added oat milling facility focused on the production of a variety of products, including oat groats, flours and other milled oat products, for plant-based human food, specialty ingredient and animal feed products.
30 Nov 2021: DSM accelerates growth in plant-based proteins through acquisition of Vestkorn Milling
DSM has agreed to acquire the Norwegian producer of pea- and bean-derived ingredients for plant-based protein products.
Vestkorn Milling supplies proteins, starches and dietary fibers for plant-based foods, pet food and animal feed. The company has 55 employees and is based in Tau on the south-west coast of Norway.
What are the major Applications, Types and Regions for Global Pea Fiber Market?
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
Organic
Conventional
By Application, it is segmented into
Animal and Pet Nutrition
Pharmaceutical
Food Products
Bakery Products
Noodles/Pasta
Savory
Cheese
Meat Products
Snacks and Cereals
Others
Global Pea Fiber Market Regional Analysis
The market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The Global Pea Fiber Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Pea Fiber Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Global Pea Fiber Market scope?
Report Attributes
Report Details
Forecast Period 2022 to 2028 CAGR
CAGR of 8.3% during the review period (2022 to 2027).
Yes, the report can be customized as per your needs
Key Takeaways from this Pea Fiber Market Report
Evaluate Pea Fiber market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Pea Fiber market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
Frequently Asked Question
What is the study period of this market?
The Global Pea Fiber Market is studied from 2022-2027.
Who are the prime players in the Global Pea Fiber Market?
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
