South America Pea Protein Market - Growth, Trends and Forecasts 2017 - 2022

  • ID: 4387042
  • Report
  • Region: America, South America
  • 94 pages
  • Mordor Intelligence
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Pea protein is generally used as a dairy alternative and a dietary supplement. It boasts a neutral taste and possesses a typical amino acid profile, making it a feasible choice for the food industry.

South America Pea Protein Market Dynamics

South America is one of the developing countries presently that attracts the market mostly due to its large younger population. Pea protein is used extensively because of its nature that helps in bodybuilding and also acts as an excellent dietary supplement. The emerging markets of South America are projected for high growth with increased market penetration and consumer engagement.

South America Pea Protein Market Segmentation

South America is an emerging market during the forecast period. Countries like Brazil and Argentina are experiencing a rapid rise in disposable incomes. Growing population and North American cultural influence towards health and wellbeing boosted the market for pea protein in this region. Pea protein is treated as a vegetarian substitute for animal protein and increasing vegan preferences are driving the market. Brazil is the largest regional market followed by Argentina. South America pea protein market experienced revenue of USD XX million in 2016. The market in this region is expected to rise above USD XX million by 2021 with a CAGR of XX% during the forecasted period.

Leaders in the South American Pea Protein Market

Roquette, A&B Ingredients and Axiom Foods are some of the many companies with major market shares in the segment. Companies are focused on setting up their manufacturing units in the market due to rising consumer demand. New entrants, in spite of heavy competition from major players, are targeting potential markets due to the high profits associated with the industry. Companies have engaged in extensive scientific research in order to identify better varieties and economically feasible processes.
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1. Introduction
1.1 Research Methodology
1.2 Definition of the Market
1.3 Report Description
2. Key findings of the study
3. Market Dynamics
3.1 Drivers
3.1.1 Increasing western influence & rising health-conscious populations in developing countries along with other uses of pea protein
3.1.2 Global increase in demand for pea protein owing to proven high nutritional profile
3.1.3 Increasing number of younger population
3.2 Restraints
3.2.1 Very low consumer awareness for the product
3.2.2 High Production costs resulting in the same with product costs
3.3 Opportunities
3.3.1 Increased potential for plant proteins in sports drinks sector
3.3.2 Technological advancements in processing and production bringing down the product cost
3.3.3 Higher incidence of application in weight management & fitness industry
3.4 Porter Five Forces Analysis
3.4.1 Bargaining Power of Suppliers
3.4.2 Bargaining Power of Buyers
3.4.3 Threat of New Entrants
3.4.4 Threat of Substitute Products and Services
3.4.5 Degree of Competition
4. Market Segmentation
4.1 By Type
4.1.1 Isolates
4.1.2 Concentrates
4.1.3 Textured Dry Wet
4.1.4 Others
4.2 By Application
4.2.1 Bakery
4.2.2 Beverages
4.2.3 Nutritional Supplements
4.2.4 Meat Extenders
4.2.5 Snacks
4.2.6 Others
4.3 By Geography
4.3.1 Africa South Africa Others
5. Competitive Landscape
5.1 Mergers & Acquisitions
5.2 Joint Ventures
5.3 New Product Launches
5.4 Most active companies in the past five years
5.5 Market Share Analysis
6. Company Profiles
6.1 Axiom Foods, Inc.
6.2 Cosucra-Groupe Warcoing
6.3 Nutri-Pea Limited
6.4 Roquette Freres
6.5 Shandong Jianyuan Foods Co., Ltd
6.6 Sotexpro SA
6.7 The Scoular Company
6.8 Naturz Organics
6.9 Fenchem
6.10 Glanbia Plc
6.11 World Food Processing (WFP)
7. Appendix
7.1 Abbreviations
7.2 Sources
7.3 Bibliography
7.4 Disclaimer
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Note: Product cover images may vary from those shown