According to a survey by Future. Market Insights, the global Pea fiber market is projected to expand at a CAGR of 5.1% during the predicted time frame. Forecasts indicate that the market will be valued at USD 2,683.9 Million in 2032 as opposed to USD 1,632.1 Million in 2022.
| Attributes | Details |
|---|---|
| The market size value in 2022 | USD 1,632.1 Million |
| Market forecast value in 2032 | USD 2,683.9 Million |
| Forecast period | 2022 to 2032 |
| Global growth rate (CAGR) | 5.1% |
| Share of USA in the global Pea fiber market | 30.2% |
The efficacy of dietary fiber to prevent constipation is well-known. A great source of dietary fiber is peas. Peas' exceptional nutritional value and fiber are linked to benefits for the digestive system in terms of health.
The balanced growth of healthy bacteria in the intestines is facilitated by pea fiber, which also inhibits the formation of harmful bacteria. The health and function of the gastrointestinal tract are supported by pea fiber that is taken from the seed coat and cotyledon cell walls.
A study from Mexico City has found that eating legumes and green pea fiber daily reduces the incidence of stomach (gastric) cancer, especially when the daily cholesterol intake is at least 2 milligrams.
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According to Future Market Insights, the global market for Pea Fiber was growing at a CAGR of 4.1% to reach USD 1567.8 Million in 2021 from USD 1,335.0 Million in 2017.
Consuming fiber is necessary to maintain fitness and health due to the changing dietary patterns brought on by people's changing lifestyles. Due to an increase in diet pea fiber consumption, this aspect is boosting the pea fiber market.
Fitness freaks, especially millennials, are very focused on diet control and are willing to spend money on items that contain nutritious foods. This element has helped to increase the market for pea fiber even further.
North America is the world largest pea fiber market, with the United States and Canada accounting for a combined share of over 80%. The high demand for pea fiber in North America is driven by the growing health consciousness among consumers and the favorable regulatory environment.
Pea fiber is a rich source of dietary fiber and protein and has numerous health benefits. It has been shown to improve digestion, lower cholesterol levels, and help in weight management. Pea fiber is also known to reduce the risk of some chronic diseases such as heart disease, stroke, and type II diabetes.
The North American region is the largest market for pea fiber, followed by Europe and Asia Pacific. The United States is the largest market for pea fiber in North America, followed by Canada. The high demand for pea fiber in North America can be attributed to the growing awareness of the health benefits of pea fiber and its applications in various industries such as food beverage, animal feed, and cosmetics.
Europe is an attractive market for pea fiber due to the growing demand for healthy and sustainable food options. Pea fiber is a versatile ingredient that can be used in a number of applications, including as a replacement for wheat flour or as a thickener in soups and sauces. What makes Europe an especially attractive market for pea fiber is the region commitment to health and sustainability.
Europeans are increasingly interested in food that is good for their health and the environment. This has led to a growing demand for products made with natural ingredients, like pea fiber. Pea fiber is high in protein and dietary fiber, making it a nutritious addition to any diet. Additionally, pea plants require less water and fertilizer than other crops, making them more environmentally friendly.
The combination of health and environmental concerns makes Europe an ideal market for pea fiber.
In the Asia Pacific region, sales of pea fiber have been on the rise in recent years. This is due to a number of factors, including an increased awareness of the benefits of pea fiber and its potential applications in a variety of industries.
One of the primary factors driving pea fiber sales in the Asia Pacific is the growing demand for healthy and natural ingredients in food and beverage products. As consumers become more health conscious, they are increasingly looking for alternatives to traditional ingredients that may be harmful to their health. Pea fiber is seen as a safe and healthy alternative to other ingredients, such as artificial sweeteners, which has driven its popularity in the region.
In addition to its healthy reputation, pea fiber is also attractive to manufacturers because it is a sustainable and environmentally-friendly ingredient.
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In the food sector, pea fiber can become a substitute with excellent nutritional content and provide texture to the dish for those who prefer to omit meat from their diet. Thus, as the number of vegans rises, so does the need for pea fiber.
Consumer demand for foods with high nutritional content as dietary supplements has surged recently due to growing health concerns. Numerous health advantages of pea fiber include regulating bowel movements, lowering cholesterol levels, assisting in the management of diabetes, assisting in the attainment of healthy body weight, and lowering the risk of cardiovascular disease and all malignancies.
There are many leading end users of pea fiber. One of the most common uses for pea fiber is in food. Pea fiber is often used as a binding agent or thickener in food products. It can also be used to add texture and nutrition to food products. Another common use for pea fiber is in cereal breakfasts. Pea fiber is often used as a filler ingredient in cereal products. It can also be used to add texture, flavor, and nutrition to cereal products.
In order to meet consumers' growing demand and keep their position as industry leaders in the Pea Fiber sector, the majority of businesses are concentrating on innovation and new product launches.
Businesses in the Seed Health market sector are always offering new sorts of components to fulfill changing consumer demands and capture the biggest market conceivable. In an effort to reach new markets, businesses are expanding their distribution networks.
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In a recent analysis, FMI extensively examined pricing tactics used by makers of Pea fiber who were positioned across geographical boundaries, sales growth, manufacturing capability, and speculative production development.
The entire study considers current modifications that the FMI team has been researching and which have an effect on Pea fiber producers.
| Attribute | Details |
|---|---|
| Forecast period | 2022 to 2032 |
| Historical data available for | 2017 to 2022 |
| Market analysis | USD million in value |
| Key regions covered | North America; Eastern Europe; Western Europe; Japan; South America; Asian Pacific; Middle east and Africa |
| Key countries covered | The USA, Germany, France, Italy, Canada, The United Kingdom, Spain, China, India ,Australia |
| Key segments covered | Type, Crop Type, Distribution channel ,Region |
| Key companies profiled | Roquette Freres SA; AGT Foods & Ingredients; COSUCRA; Quadra Chemicals; PURIS; Vestkorn Milling AS; AM Nutrition; Emsland Group; CFF GmbH & Co. KG |
| Report Coverage | Market Forecast, Company Share Analysis, Competitive Landscape, DROT Analysis, Market Dynamics, Challenges, Strategic Growth Initiatives |
| Customization and Pricing | Available upon request |
The Pea fiber market sie is assessed to USD 1,632.1 Million in 2022.
The Pea fiber market is expected to rise at a CAGR of 5.1%.
the USA, China, Canada, Germany, China, India, the United Kingdom, and Australia are the major countries driving demand for the Pea fiber market.
China Pea fiber market is projected to grow at a CAGR of around 5.5% over the next ten years.
Market share of Germany in Pea fiber market is about 28.6% of the global market.
Roquette Freres SA, AGT Foods & Ingredients, COSUCRA, Quadra Chemicals, PURIS, Vestkorn Milling AS, AM Nutrition are expected to be the top players driving the market growth.
The global Pea fiber market is forecasted to surpass USD 2,683.9 Million by the end of 2032.
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis and Forecast 6.1. Nature 6.2. Product Type 6.3. End-Use 6.4. Distribution Channel 7. Global Market Analysis and Forecast, By Nature 7.1. Conventional 7.2. Organic 8. Global Market Analysis and Forecast, By Product Type 8.1. Pea Hull Fiber 8.2. Pea Cell Wall Fiber 9. Global Market Analysis and Forecast, By End-Use 9.1. Food 9.2. Breakfast Cereals 9.3. Baked Products 9.4. Meat Products 9.5. Pharmaceuticals 9.6. Nutraceuticals 9.7. Animal Feed 9.8. Others 9.9. Snack Foods 9.10. Pasta 9.11. Crackers 10. Global Market Analysis and Forecast, By Distribution Channel 10.1. Online 10.2. Offline 11. Global Market Analysis and Forecast, By Region 11.1. North America 11.2. Latin America 11.3. Western Europe 11.4. Eastern Europe 11.5. Asia Pacific 11.6. East Asia 11.7. MEA 12. North America Sales Analysis and Forecast, by Key Segments and Countries 13. Latin America Sales Analysis and Forecast, by Key Segments and Countries 14. Western Europe Sales Analysis and Forecast, by Key Segments and Countries 15. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries 16. Asia Pacific Sales Analysis and Forecast, by Key Segments and Countries 17. East Asia Sales Analysis and Forecast, by Key Segments and Countries 18. MEA Sales Analysis and Forecast, by Key Segments and Countries 19. Sales Forecast by Nature, Product Type, End-Use, and Distribution Channel for 30 Countries 20. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 21. Company Profile 21.1. Roquette Freres SA 21.2. AGT Foods & Ingredients 21.3. COSUCRA 21.4. Quadra Chemicals 21.5. PURIS 21.6. Vestkorn Milling AS 21.7. AM Nutrition 21.8. Emsland Group 21.9. CFF GmbH & Co. KG
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Pea Fiber Market
