Asia Pacific Pea Derivatives Market Size & Outlook
Asia Pacific pea derivatives market, 2017-2030 (US$M)
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Asia Pacific pea derivatives market highlights
- The Asia Pacific pea derivatives market generated a revenue of USD 784.4 million in 2022.
- The market is expected to grow at a CAGR of 13% 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.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 784.4 million |
| Market revenue in 2030 | USD 2,092.0 million |
| Growth rate | 13% (CAGR from 2022 to 2030) |
| Largest segment | Pea protein |
| Fastest growing segment | Pea Protein |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, Asia Pacific region accounted for 27.4% of the global pea derivatives market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,092.0 million by 2030.
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Pea Derivatives Market Scope
Pea Derivatives Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific 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 68.74% in 2022. Horizon Databook has segmented the Asia Pacific pea derivatives market based on pea protein, pea starch, pea fiber covering the revenue growth of each sub-segment from 2017 to 2030.
The growth of the Asia Pacific pea derivatives market can be attributed to a number of factors, such as rising consumer awareness of the nutritional value of pea protein and the well-established processed food industry in the region.
Pea derivatives are versatile ingredients that can be used in a wide range of food products, including snacks, beverages, and meat substitutes, making them an attractive option for food manufacturers in the region.
The Asia Pacific region has a large and rapidly growing population, which is driving demand for protein-rich foods. Additionally, the region is undergoing rapid urbanization, which has led to changes in dietary habits and an increased demand for convenience foods.
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Target buyers of Asia Pacific 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific pea derivatives market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific pea derivatives market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific pea derivatives market size, by country, 2017-2030 (US$M)
Asia Pacific Pea Derivatives Market Outlook Share, 2022 & 2030 (US$M)
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