Australia Pea Derivatives Market Size & Outlook, 2022-2030
Australia pea derivatives market, 2017-2030 (US$M)
Related Markets
Australia pea derivatives market highlights
- The Australia pea derivatives market generated a revenue of USD 40.1 million in 2022 and is expected to reach USD 98.2 million by 2030.
- The Australia market is expected to grow at a CAGR of 11.8% 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 40.1 million |
| Market revenue in 2030 | USD 98.2 million |
| Growth rate | 11.8% (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, Australia accounted for 1.4% 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 Asia Pacific, China pea derivatives market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 262.2 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Pea Derivatives Market Scope
Pea Derivatives Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia 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 66.58% in 2022. Horizon Databook has segmented the Australia pea derivatives market based on pea protein, pea starch, pea fiber covering the revenue growth of each sub-segment from 2017 to 2030.
Australia is one of the world’s leading producers of field peas (also known as dry peas). Field peas are one of Australia's most important pulse crops, along with chickpeas, lentils, and beans. According to the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES).
The total production of field peas in Australia in 2020-2021 was estimated to be around 445,000 tonnes. There has been a growing interest in plant-based diets and veganism in the country, leading to an increased demand for pea protein as a popular ingredient for plant-based meat alternatives.
The popularity of meat alternatives is significantly increasing in the country with a steady rise in the vegan population due to environmental and health concerns. The growing awareness about the health benefits of plant-based proteins is likely to attract consumers.
Reasons to subscribe to Australia pea derivatives market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Australia pea derivatives market databook
-
Our clientele includes a mix of pea derivatives market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 country-level data and insights on the Australia pea derivatives market , including forecasts for subscribers. This country databook contains high-level insights into Australia pea derivatives market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Australia pea derivatives market size, by type, 2017-2030 (US$M)
Australia Pea Derivatives Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
