Argentina Pea Derivatives Market Size & Outlook, 2022-2030
Argentina pea derivatives market, 2017-2030 (US$M)
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Argentina pea derivatives market highlights
- The Argentina pea derivatives market generated a revenue of USD 25.6 million in 2022 and is expected to reach USD 50.6 million by 2030.
- The Argentina market is expected to grow at a CAGR of 8.9% from 2023 to 2030.
- In terms of segment, pea protein was the largest revenue generating type in 2022.
- Pea Protein is the most lucrative type segment registering the fastest growth during the forecast period.
Pea derivatives market data book summary
| Market revenue in 2022 | USD 25.6 million |
| Market revenue in 2030 | USD 50.6 million |
| Growth rate | 8.9% (CAGR from 2022 to 2030) |
| Largest segment | Pea protein |
| Fastest growing segment | Pea Protein |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Pea Protein, Pea Starch, Pea Fiber |
| Key market players worldwide | International Flavors & Fragrances Inc, NutriPea, Cosucra, Roquette America, Puris, Burcon NutraScience Corp, Sotexpro, The Scoular Company, Fenchem, The Green Labs |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.9% of the global pea derivatives market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil pea derivatives market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 250.0 million by 2030.
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Pea Derivatives Market Scope
Pea Derivatives Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina pea derivatives market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pea derivatives market will help companies and investors design strategic landscapes.
Pea protein was the largest segment with a revenue share of 67.19% in 2022. Horizon Databook has segmented the Argentina pea derivatives market based on pea protein, pea starch, pea fiber covering the revenue growth of each sub-segment from 2017 to 2030.
The Argentine government has been promoting the production and export of plant-based products, including peas, to support sustainable agriculture and reduce the country's dependence on animal based products.
The government's support has taken various forms, such as incentives for farmers to switch to more sustainable and environmentally friendly crops, tax breaks for companies that invest in plant-based production, and regulatory support for the labeling and marketing plant-based products.
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Target buyers of Argentina pea derivatives market databook
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Our clientele includes a mix of pea derivatives market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina pea derivatives market , including forecasts for subscribers. This country databook contains high-level insights into Argentina pea derivatives market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina pea derivatives market size, by type, 2017-2030 (US$M)
Argentina Pea Derivatives Market Outlook Share, 2022 & 2030 (US$M)
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