Demand for Gluten Free Foods Fuels Growth of Pea Protein Market
2019-04-23 09:26 Tuesday
The global pea protein market is expected to reach $313.5 million by 2025, with a compound annual growth rate of 17.4 percent during this period.
The prevalence of the gluten-free diet (GFD) is expected to drive the use of pea protein during the prediction period due to the stimulation of reduced carbohydrate intake and weight loss.
The growing importance of gluten-free in the treatment of innate immune responses, joint pain and numbness is expected to spur future product demand. In addition, the diet is gaining popularity as an effective treatment for children with autism.
Plant-derived protein is very important to meet the growing demand, also from non-meat sources. Over the past few years, peas have played an important role in overcoming the challenge of protein-energy malnutrition in developing and underdeveloped countries. Pioneers in the industry have set out to create products similar to meat proteins and create tastes that will allow participants to benefit from a larger market share.
Lactose intolerance is prevalent among infants and children in developing regions such as central and South America, the Asia-pacific region, the Middle East and Africa, and is expected to be another important driver of the industry. Over the past few years, the fundamentals of global demand have presented a positive outlook.
The Asia-pacific region is likely to be the fastest growing region in the forecast period. It could grow at a compound annual rate of 15.3% by 2025. Substantial increases in functional food income in Japan, China and India are still expected to be positive drivers of growth.
Pea protein is a very popular non-dairy alternative because it has good amino acid structure and is easy to digest. These characteristics make the product suitable for a variety of food and beverage products, such as protein-fortified health drinks and sports nutrition food.