DUBLIN--(BUSINESS WIRE)--The "South America Pea Protein Market 2018-2023 - Size, Trends, Competitive Analysis and Forecasts" report has been added to ResearchAndMarkets.com's offering.
The market revenue of pea protein market of South America currently holds around $5.5 million in 2018. The pea protein market is expected to grow at a rapid rate with increased consumer engagement and market penetration in the region.
The plant protein market of South America comes third in terms of production and export of plant protein across the globe. Brazil and Argentina are major exporters of plant-based protein in the region. Rising demand for allergen- and lactose-free cheap source of plant protein has created a market for pea protein in South America. Pea protein containing natural amino acid helps to build strong muscles and can act as an excellent alternative to dairy supplements.
Major drivers of pea protein market in South America are rapid rise in disposable income, growing consumption of dietary proteins and rising influence of North American culture towards wellbeing and health. In addition, in past few years, number of people in the region are giving up meat-based products and switching to plant-based diet as a protein source. Moreover, the increasing vegan preferences along with increase in number of vegetarians in the region are driving the market of pea protein in countries such as Brazil, Argentina and Colombia.
Brazil contributes more than 50% of pea protein market in the region, followed by Argentina. The pea protein market of South American continent is mainly driven by food and dietary supplement industry. Axion Foods, A&B Ingredients and Roquette are some of the major pea protein producers with highest market share. Major pea producers are focusing to expand operation by setting up more manufacturing units and investing in aggressive marketing campaign to raise the awareness about the pea protein. Local players are looking to enter into the market in spite of heavy competition due to huge profit margin and easy access to export avenues.
- Market trends since 2014 and five year forecasts of market growth
- Detailed analysis of the micro and macro elements influencing demand trends
- Identifying opportunity spaces across segments and countries
- Supply & demand side trend and analysis
- Price trend analysis, investment prospects and competition pattern
- Insights on growth potential of the market
- Detailed analysis of major producers covering financial investments & strategies adopted
- Competitive landscape of the industry
Key Topics Covered
3. Industry Dynamics
4. Market Size and Forecast
5. Country Market Share
6. Competitive Analysis
7. Company Profiles
7.1 Burcon Nutrascience Corporation
7.2 Shandong Jianyuan Group
7.3 The Scoular Company
7.4 Axiom Foods
7.5 Farbest Brands
7.6 Fenchem Inc
7.7 Roquette Frerers
7.8 Sotexpro S.A.
7.9 Yantai Oriental Protein Tech Co. Ltd
7.10 Cosucra Groupe Warcoing S.A.
7.11 Hill Pharma Inc
7.12 Ingredion Inc
7.13 Kerry Inc
7.14 Prinova Group LLC
7.15 Puris LLC
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