Global Pea Protein Market Size, Growth, Report and Forecast 2027
Global pea protein market is expected to reach USD 35.10 Million by 2027, growing at a robust CAGR, in value terms owing to the increasing vegan population due to ethical issues as well as health-consciousness. Moreover, the rising food-security concerns due to the outbreak of animal disease coupled with the increasing shift towards plant-based proteins will propel the growth of the market further. Based on the form, the dry segment is expected to grow at the highest CAGR through 2027, due to ease of storage and easy transportation of protein powder as compared to the liquid form. Based on the application, the nutritional supplements segment leads the market and is expected to maintain its position during the forecast period owing to the rising consumption of nutritional supplements for muscle-building and weight-management especially in young population. Regionally, North America is anticipated to account for the dominant share during the forecast period due to increasing vegan p...