Global Pea Fiber Market, By Nature (Natural, Organic, Conventional), End-Use Industry (Food Industry, Dietary Supplements, Pharmaceutical Industry, Pet Food & Animal Feed), Application (Normal Food Industry, Baby Food Industry, Children Food Industry, Pet Food Industry), Component (Pea Inner Fibre, Pea Hull Fibre), Food Products (Bakery Products, Noodles/Pasta, Savory, Cheese, Meat Products, Snacks and Cereals, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Pea Fiber Market
Pea fiber market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 7.92% in the above-mentioned forecast period. Increase in the gluten-free cohort has augmented demand of dietary fiber products which acts as an essential factor driving the pea fiber market.
Dietary fibers are the type of fibers which are very essential nutrients required for the maintenance of human health and pose strong physiological effects on the human body. Pea fiber is a widely used plant-based dietary fiber which is extracted from the pods/seeds of the pea plant. It is commonly used as a food additive to increase the amount of fiber in food products such as tortillas, bread, pasta, snack foods, biscuits, crackers, nutrition bars, and dietary supplements. The food manufacturers are incorporating pea fibers in the numerous end food products in order to improve the fiber nutrient profile of the food product.
Rising health benefits of pea fibers which includes benefits in digestion, aids in achieving healthy weight, helps control blood sugar levels, lowers cholesterol levels, increased mineral absorption, and helps maintain bowel health among others acts as a vital factor escalating the market growth, also increasing preference of organic labels and increased awareness of pea fiber benefits in established markets, rising presence of multiple manufacturers and suppliers at the local level, increasing availability of raw material for manufacture of pea fiber powder in high quantities, rising demand for the healthy foods due to increase in consumer preference towards healthy foods and increasing health awareness among the population due to rising lifestyle diseases are the major factors among others driving the pea fiber market briskly. Moreover, rising research and development activities and increasing modernization in the new products offered in the market will further create new opportunities for the pea fiber market in the forecast period of 2021- 2028.
However, rising fluctuation in the prices of raw materials is the major factor among others acting as a restraint, and will further challenge the pea fiber market in the forecast period.
This pea fiber market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on pea fiber market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Pea Fiber Market Scope and Market Size
Pea fiber market is segmented on the basis of nature, end-use industry, application, component and food products. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.
- On the basis of nature, the pea fiber market is segmented into natural, organic and conventional.
- Based on end-use industry, the pea fiber market is segmented into food industry, dietary supplements, pharmaceutical industry and pet food & animal feed.
- Based on application, the pea fiber market is segmented into normal food industry, baby food industry, children food industry and pet food industry.
- Based on component, the pea fiber market is segmented into pea inner fibre and pea hull fibre.
- The pea fiber market is also segmented on the basis of food products into bakery products, noodles/pasta, savory, cheese, meat products, snacks and cereals and others.
Pea Fiber Market Country Level Analysis
Pea fiber market is analysed and market size insights and trends are provided by country, nature, end-use industry, application, component and food products as referenced above.
The countries covered in pea fiber market are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the pea fiber market due to the growing demand for healthy food and government initiatives encouraging dietary intake and increasing availability of raw material for manufacture of pea fiber powder in high quantities in this region.
The country section of the pea fiber market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Pea Fiber Market Share Analysis
Pea fiber market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to pea fiber market.
The major players covered in the pea fiber market report are Vestkorn, A&B Ingredients., Roquette Frères, AGT Food and Ingredients, Parrheim Foods, Shandong Jianyuan group, Yantai Oriental Protein Tech Co., Ltd, Ingredion Incorporated, SunOpta., Limagrain Holding Group, Hodmedod's British Pulses & Grains, Avena Foods, Limited, Diefenbaker Spice & Pulse, Mirfak Pty Ltd, SURESHCHAND RAMESHCHAND, Novofarina, Barry Farm Foods and J. RETTENMAIER & SÖHNE GmbH + Co KG among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.
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