Germany Pea Derivatives Market Size & Outlook, 2022-2030
Germany pea derivatives market, 2017-2030 (US$M)
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Germany pea derivatives market highlights
- The Germany pea derivatives market generated a revenue of USD 141.9 million in 2022 and is expected to reach USD 312.7 million by 2030.
- The Germany market is expected to grow at a CAGR of 10.4% 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 141.9 million |
| Market revenue in 2030 | USD 312.7 million |
| Growth rate | 10.4% (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, Germany accounted for 5.0% 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 Europe, UK pea derivatives market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 342.7 million by 2030.
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Pea Derivatives Market Scope
Pea Derivatives Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany 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 63.71% in 2022. Horizon Databook has segmented the Germany pea derivatives market based on pea protein, pea starch, pea fiber covering the revenue growth of each sub-segment from 2017 to 2030.
The pea derivatives market in Germany has been experiencing growth in recent years due several factors. Peas are a highly versatile crop that can be used in a variety of applications, including animal feed and food products.
This versatility has led to increased demand for pea derivatives, such as pea protein, pea starch, and pea fiber. One major factor driving the growth of the pea derivatives market in Germany is the increasing consumer demand for plant-based and vegan products.
Pea protein, in particular, has become a popular alternative to animal-based protein sources due to its high nutritional value and sustainability. As a result, food manufacturers are incorporating more pea derivatives into their products to cater to this growing market.
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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 Germany pea derivatives market , including forecasts for subscribers. This country databook contains high-level insights into Germany pea derivatives market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Germany pea derivatives market size, by type, 2017-2030 (US$M)
Germany Pea Derivatives Market Outlook Share, 2022 & 2030 (US$M)
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