Pea Protein Market Forecast
Regional Forecast:
The North America pea protein market is expected to witness significant growth due to the increasing demand for plant-based proteins in the United States and Canada. Growing awareness about the health benefits of pea protein, coupled with the rising trend of vegan and vegetarian diets, are driving the market growth in this region.
Asia Pacific:
In the Asia Pacific region, countries like China, Japan, and South Korea are witnessing a surge in demand for pea protein due to the growing health consciousness among consumers. The market is also benefiting from the increasing adoption of plant-based diets and the rising popularity of pea protein as a sustainable and eco-friendly alternative to animal-based proteins.
Largest Region
North America
33% Market Share in 2023
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Europe:
In Europe, countries like the United Kingdom, Germany, and France are leading the pea protein market growth with a growing number of consumers opting for plant-based proteins. The market is further supported by the presence of key players and increasing investments in research and development to introduce innovative pea protein products in the region.
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