© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Pea Protein Market Size will be worth over $200mn by 2024 – Global Market insights

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Increasing consciousness about health issues is foreseen to lift pea protein market over the forecast time frame. Extensive usage in the food and beverages industry due to benefits like functional attributes and appealing nutritious profile ought to drive growth.  Growing popularity among consumers owing to its cost effectiveness over other alternatives will further escalate pea protein market demand. It is obtained through yellow peas; therefore, it is preferred by the vegan population over animal proteins.  Increasing vegan population and high nutritional profile will further fuel the market.  In European nations, food and beverage applications will be driven by rising awareness about food sensitivities and desire to avoid genetically modified ingredients.  This has led to consumer inclination towards pea proteins against its counterparts. Key Insights from Pea Protein Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Industry participants may face challenges due to potential allergies caused by consumption and health issues created by degraded pea protein based products.  High protein foods contain purines, which increases uric acid in the body, leading to crystallization of joints and gout attacks. This may hamper sales during the forecast timeframe.  Growth of nutraceuticals and sports supplement demand signifies vast opportunity for the pea protein market. Global nutraceutical ingredients market is anticipated to exceed USD 45 billion by  This can be attributed to increase in life expectancy and subsequent increase in lifestyle disease especially in the developed regions. Canada, France and U.S. are the top producers and major exporters of yellow peas. Production of yellow peas is based on variety of factors like weather, planting time, supply-demand scenario, price forecast. Continued...

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Europe Pea Protein Market size, by product, (USD Million)

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