Brazil Pea Derivatives Market Size & Outlook, 2022-2030
Brazil pea derivatives market, 2017-2030 (US$M)
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Brazil pea derivatives market highlights
- The Brazil pea derivatives market generated a revenue of USD 118.1 million in 2022 and is expected to reach USD 250.0 million by 2030.
- The Brazil market is expected to grow at a CAGR of 9.8% 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 118.1 million |
| Market revenue in 2030 | USD 250.0 million |
| Growth rate | 9.8% (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, Brazil accounted for 4.1% 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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Brazil 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 67.32% in 2022. Horizon Databook has segmented the Brazil pea derivatives market based on pea protein, pea starch, pea fiber covering the revenue growth of each sub-segment from 2017 to 2030.
Brazil is one of the largest producers of peas in the world, with a significant area of land dedicated to pea cultivation. Peas are grown in many regions of the country, including the southern states of Paraná and Santa Catarina, Minas Gerais, and Sao Paulo.
Pea derivatives have a significant export market in Europe and North America, where plant-based diets are becoming more popular. Given its large pea production and processing capacity, Brazil is well-positioned to supply these markets with high-quality pea-based derivatives.
Key market players are also expanding their reach in the country by offering plant-based foods and beverages. For instance, in August 2020, Nestle SA expanded its pea-based beverages portfolio with the launch of Nesfit Sabor, Nonho Forti+, and Nesquik GoodNes .
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Our clientele includes a mix of pea derivatives market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil pea derivatives market , including forecasts for subscribers. This country databook contains high-level insights into Brazil pea derivatives market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil pea derivatives market size, by type, 2017-2030 (US$M)
Brazil Pea Derivatives Market Outlook Share, 2022 & 2030 (US$M)
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