Italy Pea Derivatives Market Size & Outlook, 2022-2030
Italy pea derivatives market, 2017-2030 (US$M)
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Italy pea derivatives market highlights
- The Italy pea derivatives market generated a revenue of USD 65.8 million in 2022 and is expected to reach USD 130.4 million by 2030.
- The Italy 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 65.8 million |
| Market revenue in 2030 | USD 130.4 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, Italy accounted for 2.3% 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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Italy 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 65.65% in 2022. Horizon Databook has segmented the Italy 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 Italy has seen significant growth in recent years due to various factors. Pea derivatives, such as pea protein, are becoming increasingly popular as a plant-based alternative to animal-derived products.
This trend is fueled by consumers' growing awareness of the impact of animal agriculture on the environment and concerns about animal welfare. As a result, there is a rising demand for pea protein as a substitute for animal protein in food products.
Demand for protein isolates in meat extenders and substitutes applications is anticipated to grow significantly owing to the rising vegetarian population across the country. The role of pea protein isolates in meat substitutes is to provide the essential nutrition like carbs, fiber and more.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy pea derivatives market , including forecasts for subscribers. This country databook contains high-level insights into Italy pea derivatives market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Italy pea derivatives market size, by type, 2017-2030 (US$M)
Italy Pea Derivatives Market Outlook Share, 2022 & 2030 (US$M)
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