The market for pea protein ingredients is anticipated to be worth US$ 1.6 billion in 2023 and US$ 3.4 billion by 2033. During the predicted period, pea protein ingredient sales expand at a CAGR of 7.9%. Increasing demand for pea protein ingredients for bakery & snacks, beverages, and other food products will increase the sales in the …
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Pea Protein Ingredients Market to Exhibit Growth Rate of 7.2% to 2031
In 2021, it is predicted that the pea protein ingredients market would generate US$ 1.25 billion in sales. According to Future Market Insights (FMI), the overall market value is anticipated to increase at a CAGR of 7.2% from 2021 to 2031, reaching US$ 2.5 billion. Pea Protein Ingredients Market Overview: Rising demand from various end-use …
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Global Pea Protein Ingredients Market Value Is Expected To Reach US$ 2.5 Bn By 2031
Sales in the pea protein ingredients market are estimated to total US$ 1.25 Bn in 2021. As per Future Market Insights (FMI), the overall market value is expected to reach US$ 2.5 Bn by 2031, rising at a CAGR of 7.2% between 2021 and 2031. The market’s growth trajectory is projected to stay positive, steered by rising demand for sports nutrition and …