QYResearch: Global Pea Protein Isolate Sales Market Report 2017 Overview
Pea protein isolate is a food additive with a neutral taste which is extracted from pea, and has a typical legume amino acid profile.
The Pea Protein industry has developed rapidly recent years, and the industry concentration is very high due to the high technology barrier. The global leaders are Roquette, and Cosucra. The production of the manufacturers listed in the report occupied for over 85% market share of global production. The key players include Roquette, Cosucra, Shuangta Food, Oriental Protein Tech, Jianyuan Group, and others.
On a global scale, the high-tech pea protein product is in the early stages of the global industrialization. The whole pea protein market is driven by the new protein extraction technology, advanced R&D initiatives, and rising vegetarian population.
Currently, the factors driving the growth of the aforementioned industry are nutrition food industry and others. As the demand increases rapidly for downstream industries, and the wider range of applications, the demand for Pea Protein will correspondingly increase. The increased consumption of Pea Protein is expected to continue during the remaining years of the forecast period of 2017-2022. Pea Protein industry will usher in a rapid growth space.
In 2016, the main raw material price is relatively stable, and expected that the Pea Protein raw material price will be stable in the short term. However, the improvement of energy, transportation costs, and employee wages, will play a significant role in promoting the cost of Pea Protein.
In China, Yantai Shuangta is the largest producer, has top pea protein extraction technology, the only circulating integrated industrial chain.
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