The pea protein market of Mexico represents around 14% of pea protein market in North America. The production of dry pea and green peas is relatively very low and the pea protein manufacturers are mostly dependent on U.S. and Canada for supply of pea and its derivatives. Increasing shift to plant-based protein and rising awareness among young population about health and fitness would be the major drivers of the Mexican pea protein industry in coming years. Moreover, the push from gym trainers for plant-based proteins and its derivatives products has greatly influenced the diets of the population, creating platform for pea protein market. The pea protein market in Mexico is growing steadily and is estimated to be $2.5 million in 2018.
The market revenue of pea protein application across food industry is highest. The advancements in bakery, confectionery and dairy industry are expected to maintain the high demand for pea protein in coming years. The application of pea protein in dietary supplements industry is growing synchronous with the rapidly growing dietary supplement industry. The market revenue of pea protein in dietary supplements industry is forecasted to grow with the highest CAGR of 9.6% during 2018 to 2023. Major players are pushing the products in the market with more retail presence and advertising campaigns. Customizing the texture and flavor of pea protein to suit the taste of local producers is another strategy of the manufacturers.
Key Deliverables:
The market revenue of pea protein application across food industry is highest. The advancements in bakery, confectionery and dairy industry are expected to maintain the high demand for pea protein in coming years. The application of pea protein in dietary supplements industry is growing synchronous with the rapidly growing dietary supplement industry. The market revenue of pea protein in dietary supplements industry is forecasted to grow with the highest CAGR of 9.6% during 2018 to 2023. Major players are pushing the products in the market with more retail presence and advertising campaigns. Customizing the texture and flavor of pea protein to suit the taste of local producers is another strategy of the manufacturers.
Key Deliverables:
- Market trends since 2014 and five year forecasts of market growth
- Detailed analysis of the micro and macro elements influencing demand trends
- Identifying opportunity spaces across segments and countries
- Supply & demand side trend and analysis
- Price trend analysis, investment prospects and competition pattern
- Insights on growth potential of the market
- Detailed analysis of major producers covering financial investments & strategies adopted
- Competitive landscape of the industry
Table of Contents
1. Introduction
2. Summary
3. Industry Dynamics
4. Market Size and Forecast
5. Competitive Analysis
6. Company Profiles
Companies Mentioned
- Burcon Nutrascience Corporation
- Shandong Jianyuan Group
- The Scoular Company
- Axiom Foods
- Farbest Brands
- Fenchem Inc
- Roquette Frerers
- Sotexpro S.A.
- Yantai Oriental Protein Tech Co., Ltd
- Cosucra Groupe Warcoing S.A.
- Hill Pharma Inc
- Ingredion Inc
- Kerry Inc
- Prinova Group LLC
- Puris, LLC
