The global Micronized Pea Flour market was valued at US$ 182 million in 2020 and is expected to reach US$ 285.5 million by the end of 2027, growing at a CAGR of 5.9% during 2021-2027.
Micronized pea flour is one of the recent advances in the plant-based proteins space, which is suitable for plant-based diets, high-protein beverages, snacks, and sports nutrition. Relatively small particle size of micronized pea protein aids food processors in binding, gelling, emulsifying, enhanced nutrition, while maintaining the bioavailability of the proteins. Growing application of micronized plant-based proteins, especially in vegan protein shakes beverages on the back of their cleaner flavor, smoother mouthfeel, and better suspension is likely to influence the growth of micronized pea protein market.
Global key players of Micronized Pea Flour include AGT Food and Ingredients, Avena Foods, etc. Global top 3 companies hold a share about 30%. Europe is the largest market, with a share over 40%, followed by North America and Asia Pacific with the share about 20% respectively. In terms of product, Micronized Yellow Pea Flour is the largest segment, with a share about 80%. And in terms of application, the largest application is Bakery & Snack, with a share about 50%.
Global Micronized Pea Flour Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Micronized Pea Flour Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are AGT Food and Ingredients, Avena Foods, George F. Brocke & Sons, MartinoRossi, Vestkorn, Healthy Food Ingredients, Exeller NV, Herba Ingredients, Gemef Industries, Novofarina, Micronizing Company UK, Masham Micronized Feeds and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-micronized-pea-flour-market-outlook
Segment by Type
- Micronized Yellow Pea Flour
- Micronized Green Pea Flour
Segment by Application
- Bakery & Snacks
- Dietary Supplements
Table of Content:
1 Micronized Pea Flour Market Overview
2 Micronized Pea Flour Market Competition by Manufacturers
3 Micronized Pea Flour Retrospective Market Scenario by Region
4 Global Micronized Pea Flour Historic Market Analysis by Type
5 Global Micronized Pea Flour Historic Market Analysis by Application
6 Key Companies Profiled
7 Micronized Pea Flour Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Micronized Pea Flour Market Dynamics
10 Global Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta