Japan Pea Derivatives Market Size & Outlook, 2022-2030
Japan pea derivatives market, 2017-2030 (US$M)
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Japan pea derivatives market highlights
- The Japan pea derivatives market generated a revenue of USD 118.9 million in 2022 and is expected to reach USD 303.8 million by 2030.
- The Japan market is expected to grow at a CAGR of 12.4% 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 118.9 million |
| Market revenue in 2030 | USD 303.8 million |
| Growth rate | 12.4% (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, Japan 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 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.
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Pea Derivatives Market Scope
Pea Derivatives Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 68.63% in 2022. Horizon Databook has segmented the Japan pea derivatives market based on pea protein, pea starch, pea fiber covering the revenue growth of each sub-segment from 2017 to 2030.
There is a growing demand for pea derivatives in Japan, particularly from the food & beverage industry. Pea protein, pea starch, and pea fiber are becoming increasingly popular in the country as consumers seek natural and sustainable ingredients.
Many Japanese consumers are looking for alternatives to traditional animal-based products and are turning to plant-based options, including pea protein. The adoption of functional foods has been slowly and steadily rising in Japan, which is driving the demand for products such as fortified bread in the country.
Furthermore, the demand for pea protein and pea starch has increased from the bakery & confectionery sector for use in pastries, buns, cookies, biscuits, pancakes, etc. Another factor driving the demand for pea derivatives in Japan is the increasing focus on health and wellness.
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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 Japan pea derivatives market , including forecasts for subscribers. This country databook contains high-level insights into Japan pea derivatives market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Japan pea derivatives market size, by type, 2017-2030 (US$M)
Japan Pea Derivatives Market Outlook Share, 2022 & 2030 (US$M)
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