Pea Fiber Market Size is Estimated to grow at a CAGR of 4.9% during the forecast period

 

The pea fiber market was valued USD 1.7 million globally in 2022, and over the forecast period, a CAGR of 4.9% is anticipated. The market is expanding due to increased health consciousness, increasing demand for plant-based ingredients, the promotion of fiber-rich diets to address different health-related issues, such as digestion, and consumer preference for natural and clean-label products in the food and beverage industries.

Pea fiber's market expansion is aided by its adaptability in a range of uses, including food, medicines, and animal feed. Due to their ability to maintain intestinal regularity, dietary fibers are crucial for good health. growing need for dietary fiber in order to control blood sugar levels and maintain a healthy cholesterol level.

 

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Growth Drivers

·         Rising awareness of Dietary fibers

·         Expansion of clean label, and natural ingredients

·         Technological advancements in food processing

·         Increasing inclination of people towards taking plant based products

·         Rising health awareness among people in all over the world

·         Food Industry Applications

The number of vegans is expanding, clean label products are becoming more and more popular, plant-based diets are becoming more and more popular, and pea fiber is being used extensively in plant-based supplements. Providing goods made from pea fiber that are widely used in a variety of applications is essential to the future success of pea fiber.

Segmentation

Type

·         Inner Hull Fiber

·         Outer Hull Fiber

Source

·         Organic

·         Conventional

By End-Users

·         Food

·         Breakfast Cereals

·         Baked Products

·         Meat Products

·         Pharmaceuticals

·         Nutraceuticals

·         Animal Feed

·         Others

·         Snack-food

·         Pasta

·         Crackers

Grade

·         Food Grade

·         Feed Grade

Application

·         Vegan Meat Substitutes

·         Bakery

·         Soups and Sauces

·         Beverages

·         Animal Foods

·         Other Applications

Regional Outlook

·         Asia Pacific

·         North America

·         Latin America

·         Europe

·         Middle East and Africa

 

Key Players

·         COSUCRA

·         AM Nutrition

·         Emsland Group

·         Vestkorn Milling AS

·         PURIS

·         Quadra Chemicals

·         AGT Foods and Ingredients

·         Roquette Freres SA

·         CFF GmbH and Co. KG

·         Other Players

 

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