The Latin America, Middle East and Africa Pea Derivatives Market would witness market growth of 13.7% CAGR during the forecast period (2022-2028).
Pea protein is a well-liked plant-based protein substitute for animal protein, the demand for which has grown recently as consumers' concerns about their health and the environment have grown. Several variables influence the market's expansion. Rising consumer focus on plant-based substitutes to animal products is among the market's most important driving forces. Due to the growing demand for peas, notably in developing nations, the market is expanding.
Green peas and yellow peas are commercially available kinds, with yellow peas leading the way in terms of production on an international scale. Recently, consuming foods high in protein has increased significantly due to the worldwide trend toward health consciousness. Modern lifestyles make it difficult for people to maintain a properly balanced diet. Therefore they frequently turn to prepackaged and processed food items for sustenance. Because of this rising need, food producers progressively add protein and other necessary elements to their goods.
The fastest-growing economy in Latin America is Brazil. As a result, the regional market value is anticipated to rise in the coming years, especially among the local vegetarian and vegan populations. Argentina has jurisdiction over most local pea exports and production. The Cordoba province and Argentina's northwest are the main areas for farming chickpeas, according to the Food and Agricultural Organization (FAO) of the United Nations. Due to the widespread awareness of the advantages of pea starch and the effective retail distribution of plant-based products, the vegan movement is expanding among Argentina's population. As a result, the regional pea derivatives market will grow significantly during the next few years.
The Brazil market dominated the LAMEA Pea Derivatives Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $105.2 million by 2028. The Argentina market is experiencing a CAGR of 14.3% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 13.4% during (2022 - 2028).
Based on Application, the market is segmented into Meat Substitutes, Bakery Goods, Dietary Supplements, Beverages, and Others. Based on Type, the market is segmented into Pea Protein (EIsolates, Concentrates, Textured and Hydrolysate), Pea Starch, Pea Fiber and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Pea Derivatives Market is Projected to reach USD 5 Billion by 2028, at a CAGR of 10.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include International Flavors & Fragrances, Inc., Roquette Freres SA, PURIS, NutriPea LP (G.S. Dunn Dry Mustard Millers), The Scoular Company, Fenchem Biotek Ltd., The Green Labs LLC, COSUCRA Groupe Warcoing S.A., Burcon NutraScience Corporation, and Sotexpro (GEMEF Industries).
Scope of the Study
Market Segments Covered in the Report:
By Application
- Meat Substitutes
- Bakery Goods
- Dietary Supplements
- Beverages
- Others
By Type
- Pea Protein
- EIsolates
- Concentrates
- Textured
- Hydrolysate
- Pea Starch
- Pea Fiber
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- International Flavors & Fragrances, Inc.
- Roquette Freres SA
- PURIS
- NutriPea LP (G.S. Dunn Dry Mustard Millers)
- The Scoular Company
- Fenchem Biotek Ltd.
- The Green Labs LLC
- COSUCRA Groupe Warcoing S.A.
- Burcon NutraScience Corporation
- Sotexpro (GEMEF Industries)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Pea Derivatives Market, by Application
1.4.2 LAMEA Pea Derivatives Market, by Type
1.4.3 LAMEA Pea Derivatives Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Recent Industry Wide Strategic Developments
3.1.1 Partnerships, Collaborations and Agreements
3.1.2 Product Launches and Product Expansions
3.1.3 Acquisition and Mergers
3.1.4 Business and Geographical Expansions
3.1.5 Joint Ventures
3.2 Top Winning Strategies
3.2.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.2.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2018, Jan – 2023, Mar) Leading Players
Chapter 4. LAMEA Pea Derivatives Market by Application
4.1 LAMEA Meat Substitutes Market by Country
4.2 LAMEA Bakery Goods Market by Country
4.3 LAMEA Dietary Supplements Market by Country
4.4 LAMEA Beverages Market by Country
4.5 LAMEA Others Market by Country
Chapter 5. LAMEA Pea Derivatives Market by Type
5.1 LAMEA Pea Protein Market by Country
5.2 LAMEA Pea Derivatives Market by Protein Type
5.2.1 LAMEA Isolates Market by Country
5.2.2 LAMEA Concentrates Market by Country
5.2.3 LAMEA Textured Market by Country
5.2.4 LAMEA Hydrolysate Market by Country
5.3 LAMEA Pea Starch Market by Country
5.4 LAMEA Pea Fiber Market by Country
5.5 LAMEA Others Market by Country
Chapter 6. LAMEA Pea Derivatives Market by Country
6.1 Brazil Pea Derivatives Market
6.1.1 Brazil Pea Derivatives Market by Application
6.1.2 Brazil Pea Derivatives Market by Type
6.1.2.1 Brazil Pea Derivatives Market by Protein Type
6.2 Argentina Pea Derivatives Market
6.2.1 Argentina Pea Derivatives Market by Application
6.2.2 Argentina Pea Derivatives Market by Type
6.2.2.1 Argentina Pea Derivatives Market by Protein Type
6.3 UAE Pea Derivatives Market
6.3.1 UAE Pea Derivatives Market by Application
6.3.2 UAE Pea Derivatives Market by Type
6.3.2.1 UAE Pea Derivatives Market by Protein Type
6.4 Saudi Arabia Pea Derivatives Market
6.4.1 Saudi Arabia Pea Derivatives Market by Application
6.4.2 Saudi Arabia Pea Derivatives Market by Type
6.4.2.1 Saudi Arabia Pea Derivatives Market by Protein Type
6.5 South Africa Pea Derivatives Market
6.5.1 South Africa Pea Derivatives Market by Application
6.5.2 South Africa Pea Derivatives Market by Type
6.5.2.1 South Africa Pea Derivatives Market by Protein Type
6.6 Nigeria Pea Derivatives Market
6.6.1 Nigeria Pea Derivatives Market by Application
6.6.2 Nigeria Pea Derivatives Market by Type
6.6.2.1 Nigeria Pea Derivatives Market by Protein Type
6.7 Rest of LAMEA Pea Derivatives Market
6.7.1 Rest of LAMEA Pea Derivatives Market by Application
6.7.2 Rest of LAMEA Pea Derivatives Market by Type
6.7.2.1 Rest of LAMEA Pea Derivatives Market by Protein Type
Chapter 7. Company Profiles
7.1 Burcon NutraScience Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Research & Development Expenses
7.1.4 Recent strategies and developments:
7.1.4.1 Joint Ventures:
7.1.4.2 Product Launches and Product Expansions:
7.2 International Flavors & Fragrances, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segment & Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Acquisition and Mergers:
7.3 COSUCRA Groupe Warcoing S.A.
7.3.1 Company Overview
7.3.2 Recent strategies and developments:
7.3.2.1 Partnerships, Collaborations, and Agreements:
7.3.2.2 Business Expansions:
7.3.2.3 Geographical Expansions:
7.4 Roquette Freres SA
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Partnerships, Collaborations, and Agreements:
7.4.2.2 Product Launches and Product Expansions:
7.4.2.3 Acquisition and Mergers:
7.4.2.4 Geographical Expansions:
7.5 PURIS
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Partnerships, Collaborations, and Agreements:
7.5.2.2 Product Launches and Product Expansions:
7.5.2.3 Geographical Expansions:
7.6 The Scoular Company
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Partnerships, Collaborations, and Agreements:
7.6.2.2 Geographical Expansions:
7.7 Sotexpro (GEMEF Industries)
7.7.1 Company Overview
7.8 NutriPea LP (G.S. Dunn Dry Mustard Millers)
7.8.1 Company Overview
7.9 Fenchem Biotek Ltd.
7.9.1 Company Overview
7.10. The Green Labs LLC
7.10.1 Company Overview
TABLE 1 LAMEA Pea Derivatives Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Pea Derivatives Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Pea Derivatives Market
TABLE 4 Product Launches And Product Expansions– Pea Derivatives Market
TABLE 5 Acquisition and Mergers– Pea Derivatives Market
TABLE 6 Business and geographical expansions – Pea Derivatives Market
TABLE 7 Joint ventures – Pea Derivatives Market
TABLE 8 LAMEA Pea Derivatives Market by Application, 2018 - 2021, USD Million
TABLE 9 LAMEA Pea Derivatives Market by Application, 2022 - 2028, USD Million
TABLE 10 LAMEA Meat Substitutes Market by Country, 2018 - 2021, USD Million
TABLE 11 LAMEA Meat Substitutes Market by Country, 2022 - 2028, USD Million
TABLE 12 LAMEA Bakery Goods Market by Country, 2018 - 2021, USD Million
TABLE 13 LAMEA Bakery Goods Market by Country, 2022 - 2028, USD Million
TABLE 14 LAMEA Dietary Supplements Market by Country, 2018 - 2021, USD Million
TABLE 15 LAMEA Dietary Supplements Market by Country, 2022 - 2028, USD Million
TABLE 16 LAMEA Beverages Market by Country, 2018 - 2021, USD Million
TABLE 17 LAMEA Beverages Market by Country, 2022 - 2028, USD Million
TABLE 18 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 19 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 20 LAMEA Pea Derivatives Market by Type, 2018 - 2021, USD Million
TABLE 21 LAMEA Pea Derivatives Market by Type, 2022 - 2028, USD Million
TABLE 22 LAMEA Pea Protein Market by Country, 2018 - 2021, USD Million
TABLE 23 LAMEA Pea Protein Market by Country, 2022 - 2028, USD Million
TABLE 24 LAMEA Pea Derivatives Market by Protein Type, 2018 - 2021, USD Million
TABLE 25 LAMEA Pea Derivatives Market by Protein Type, 2022 - 2028, USD Million
TABLE 26 LAMEA Isolates Market by Country, 2018 - 2021, USD Million
TABLE 27 LAMEA Isolates Market by Country, 2022 - 2028, USD Million
TABLE 28 LAMEA Concentrates Market by Country, 2018 - 2021, USD Million
TABLE 29 LAMEA Concentrates Market by Country, 2022 - 2028, USD Million
TABLE 30 LAMEA Textured Market by Country, 2018 - 2021, USD Million
TABLE 31 LAMEA Textured Market by Country, 2022 - 2028, USD Million
TABLE 32 LAMEA Hydrolysate Market by Country, 2018 - 2021, USD Million
TABLE 33 LAMEA Hydrolysate Market by Country, 2022 - 2028, USD Million
TABLE 34 LAMEA Pea Starch Market by Country, 2018 - 2021, USD Million
TABLE 35 LAMEA Pea Starch Market by Country, 2022 - 2028, USD Million
TABLE 36 LAMEA Pea Fiber Market by Country, 2018 - 2021, USD Million
TABLE 37 LAMEA Pea Fiber Market by Country, 2022 - 2028, USD Million
TABLE 38 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 39 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 40 LAMEA Pea Derivatives Market by Country, 2018 - 2021, USD Million
TABLE 41 LAMEA Pea Derivatives Market by Country, 2022 - 2028, USD Million
TABLE 42 Brazil Pea Derivatives Market, 2018 - 2021, USD Million
TABLE 43 Brazil Pea Derivatives Market, 2022 - 2028, USD Million
TABLE 44 Brazil Pea Derivatives Market by Application, 2018 - 2021, USD Million
TABLE 45 Brazil Pea Derivatives Market by Application, 2022 - 2028, USD Million
TABLE 46 Brazil Pea Derivatives Market by Type, 2018 - 2021, USD Million
TABLE 47 Brazil Pea Derivatives Market by Type, 2022 - 2028, USD Million
TABLE 48 Brazil Pea Derivatives Market by Protein Type, 2018 - 2021, USD Million
TABLE 49 Brazil Pea Derivatives Market by Protein Type, 2022 - 2028, USD Million
TABLE 50 Argentina Pea Derivatives Market, 2018 - 2021, USD Million
TABLE 51 Argentina Pea Derivatives Market, 2022 - 2028, USD Million
TABLE 52 Argentina Pea Derivatives Market by Application, 2018 - 2021, USD Million
TABLE 53 Argentina Pea Derivatives Market by Application, 2022 - 2028, USD Million
TABLE 54 Argentina Pea Derivatives Market by Type, 2018 - 2021, USD Million
TABLE 55 Argentina Pea Derivatives Market by Type, 2022 - 2028, USD Million
TABLE 56 Argentina Pea Derivatives Market by Protein Type, 2018 - 2021, USD Million
TABLE 57 Argentina Pea Derivatives Market by Protein Type, 2022 - 2028, USD Million
TABLE 58 UAE Pea Derivatives Market, 2018 - 2021, USD Million
TABLE 59 UAE Pea Derivatives Market, 2022 - 2028, USD Million
TABLE 60 UAE Pea Derivatives Market by Application, 2018 - 2021, USD Million
TABLE 61 UAE Pea Derivatives Market by Application, 2022 - 2028, USD Million
TABLE 62 UAE Pea Derivatives Market by Type, 2018 - 2021, USD Million
TABLE 63 UAE Pea Derivatives Market by Type, 2022 - 2028, USD Million
TABLE 64 UAE Pea Derivatives Market by Protein Type, 2018 - 2021, USD Million
TABLE 65 UAE Pea Derivatives Market by Protein Type, 2022 - 2028, USD Million
TABLE 66 Saudi Arabia Pea Derivatives Market, 2018 - 2021, USD Million
TABLE 67 Saudi Arabia Pea Derivatives Market, 2022 - 2028, USD Million
TABLE 68 Saudi Arabia Pea Derivatives Market by Application, 2018 - 2021, USD Million
TABLE 69 Saudi Arabia Pea Derivatives Market by Application, 2022 - 2028, USD Million
TABLE 70 Saudi Arabia Pea Derivatives Market by Type, 2018 - 2021, USD Million
TABLE 71 Saudi Arabia Pea Derivatives Market by Type, 2022 - 2028, USD Million
TABLE 72 Saudi Arabia Pea Derivatives Market by Protein Type, 2018 - 2021, USD Million
TABLE 73 Saudi Arabia Pea Derivatives Market by Protein Type, 2022 - 2028, USD Million
TABLE 74 South Africa Pea Derivatives Market, 2018 - 2021, USD Million
TABLE 75 South Africa Pea Derivatives Market, 2022 - 2028, USD Million
TABLE 76 South Africa Pea Derivatives Market by Application, 2018 - 2021, USD Million
TABLE 77 South Africa Pea Derivatives Market by Application, 2022 - 2028, USD Million
TABLE 78 South Africa Pea Derivatives Market by Type, 2018 - 2021, USD Million
TABLE 79 South Africa Pea Derivatives Market by Type, 2022 - 2028, USD Million
TABLE 80 South Africa Pea Derivatives Market by Protein Type, 2018 - 2021, USD Million
TABLE 81 South Africa Pea Derivatives Market by Protein Type, 2022 - 2028, USD Million
TABLE 82 Nigeria Pea Derivatives Market, 2018 - 2021, USD Million
TABLE 83 Nigeria Pea Derivatives Market, 2022 - 2028, USD Million
TABLE 84 Nigeria Pea Derivatives Market by Application, 2018 - 2021, USD Million
TABLE 85 Nigeria Pea Derivatives Market by Application, 2022 - 2028, USD Million
TABLE 86 Nigeria Pea Derivatives Market by Type, 2018 - 2021, USD Million
TABLE 87 Nigeria Pea Derivatives Market by Type, 2022 - 2028, USD Million
TABLE 88 Nigeria Pea Derivatives Market by Protein Type, 2018 - 2021, USD Million
TABLE 89 Nigeria Pea Derivatives Market by Protein Type, 2022 - 2028, USD Million
TABLE 90 Rest of LAMEA Pea Derivatives Market, 2018 - 2021, USD Million
TABLE 91 Rest of LAMEA Pea Derivatives Market, 2022 - 2028, USD Million
TABLE 92 Rest of LAMEA Pea Derivatives Market by Application, 2018 - 2021, USD Million
TABLE 93 Rest of LAMEA Pea Derivatives Market by Application, 2022 - 2028, USD Million
TABLE 94 Rest of LAMEA Pea Derivatives Market by Type, 2018 - 2021, USD Million
TABLE 95 Rest of LAMEA Pea Derivatives Market by Type, 2022 - 2028, USD Million
TABLE 96 Rest of LAMEA Pea Derivatives Market by Protein Type, 2018 - 2021, USD Million
TABLE 97 Rest of LAMEA Pea Derivatives Market by Protein Type, 2022 - 2028, USD Million
TABLE 98 Key Information – Burcon NutraScience Corporation
TABLE 99 Key information – International Flavors & Fragrances, Inc.
TABLE 100 Key Information –COSUCRA Groupe Warcoing S.A.
TABLE 101 key Information – Roquette Freres SA
TABLE 102 Key Information – PURIS
TABLE 103 Key Information – The Scoular Company
TABLE 104 Key Information – Sotexpro
TABLE 105 Key Information – NutriPea LP
TABLE 106 Key Information – Fenchem Biotek Ltd.
TABLE 107 Key Information – The Green Labs LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 3 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2018, Jan – 2023, Mar) Leading Players
FIG 4 Recent strategies and developments: COSUCRA Groupe Warcoing S.A.
FIG 5 Recent strategies and developments: Roquette Freres SA
FIG 6 Recent strategies and developments: PURIS