DUBLIN, June 1, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "North America Pea Protein Market - Growth, Trends and Forecasts (2015-2020)" report to their offering.
North America is the biggest market for pea protein with a share of 35%. Part of the reason for this is the rise in the number of research activities in the pharmaceutical industry and the growing protein engineering market. Market for North America is matured and is expected to grow at a slower growth rate compared to other regions like Asia-Pacific.
Protein supplements available in the market are typically in powdered form. These supplements are valuable to vegetarians and omnivores alike, as they transform simple juices and smoothies into full-fledged meals. Pea protein is an animal-free supplement made from extracting the soluble pea protein from yellow split peas. Extracted from the yellow pea, pisum sativum, pea protein is generally used as a dairy alternative and a dietary supplement. It boasts a neutral taste and possesses a typical amino acid profile, making it a feasible choice for the food industry.
The pea protein market is an integral part of the food & beverage industry. It's driven by the rising demand for processed and healthy food products. It is also an alternative to the meat food, which is gaining popularity in the western regions. US is the major market in North American region. Its market is growing especially with the rising demand of French-grown yellow peas which is also branded by Roquette under the name of Nutralys. Canada is a matured market for Pea proteins. The changing trends for healthy and quality foods were witnessed in the region creating a demand for ingredients such as Pea protein. Rising number of younger population with fitness conscious has spiked the Mexican market for pea protein.
Roquette, A&B Ingredients and Axiom Foods are some of the many companies with major market shares in the segment. Companies are focused on setting up their manufacturing units in the US, due to rising consumer demand.
Key Topics Covered:
2. Key findings of the study
3. Market Dynamics
4. Market Segmentation
5. Competitive Landscape
6. Company Profiles
- A & B Ingredients
- Axiom Foods Inc
- Roquette Freres
- Consucra- Groupe Warcoing
- Farbest Brands
- Norben Company Inc
- Nutri-Pea Limited
- The Scoular Company
For more information visit http://www.researchandmarkets.com/research/j8wcrh/north_america_pea
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SOURCE Research and Markets