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United States Pea Protein Market 2018-2023: Growing Applications in Sports Nutrition & Weight Management - ResearchAndMarkets.comThe "U.S. Pea Protein Market 2018-2023 - Size, Trends, Competitive Analysis and Forecasts" report has been added to ResearchAndMarkets.com's offering. U.S. accounts for major market share in North America Pea protein market. The market value is estimated at $8.3 million in 2018 and is forecasted to grow at the CAGR of 10.5% during the forecast period. In recent years, health awareness has increased in U.S. The country has recorded the highest number of obese and overweight people in the world. Increasing concern and rising awareness about the weight and body health, has made Americans make a switch to nutritious diets. The country has seen an upsurge in number of vegan, vegetarian and meat replacers due to environmental and ethical concern of practices adopted in industrial animal production in combination with the health issues caused by meat consumption. With growing vegan population, the demand for plant-based protein such as soy and pea protein are ever increasing. The demand for pea protein also comes strongly from dietary supplements industry. Though the taste and texture of the products made up of pea protein is a bi concern, research has been actively taking place to improve the taste and to explore various flavors in order to meet the preferences of the consumers. The major pea producers in the U.S. includes Puri Foods and Axiom Food Inc. These companies are focusing on launching wide range of pea proteins products across various industries such as food, beverage and dietary supplement to cosmetic industries. The pea protein industry is in growth stage in the U.S. Market Dynamics Drivers
Restraints
Opportunities
Key Topics Covered: 1. Introduction 2. Summary 3. Industry Dynamics 4. Market Size and Forecast 5. Competitive Analysis 6. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/zd6k6f/united_states_pea?w=4 View source version on businesswire.com: https://www.businesswire.com/news/home/20180418006641/en/ |