UK Pea Derivatives Market Size & Outlook, 2022-2030
UK pea derivatives market, 2017-2030 (US$M)
Related Markets
UK pea derivatives market highlights
- The UK pea derivatives market generated a revenue of USD 140.9 million in 2022 and is expected to reach USD 342.7 million by 2030.
- The UK market is expected to grow at a CAGR of 11.7% 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 140.9 million |
| Market revenue in 2030 | USD 342.7 million |
| Growth rate | 11.7% (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, UK accounted for 4.9% 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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UK 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 66.5% in 2022. Horizon Databook has segmented the UK pea derivatives market based on pea protein, pea starch, pea fiber covering the revenue growth of each sub-segment from 2017 to 2030.
The U.K. has a large and growing vegetarian and vegan population, with more people opting for plantbased diets. According to The Vegan Society, between 2014 and 2019, the number of vegans in the U.K. has quadrupled, with over 600,000 people following a vegan diet in 2019.
This has created a growing market for plant-based products, including pea protein. Factors such increasing number of nutritional and pharmaceutical companies, increasing women’s participation in strength building & resistance training.
and popularizing trend of digital health coupled with the innovation of health tracking apps enabling consumers to analyze and track their well-being are projected to increase the consumer interest in dietary supplements products, as pea derivatives, such as pea protein.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK pea derivatives market , including forecasts for subscribers. This country databook contains high-level insights into UK pea derivatives market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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UK pea derivatives market size, by type, 2017-2030 (US$M)
UK Pea Derivatives Market Outlook Share, 2022 & 2030 (US$M)
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