According to a survey by Future. Market Insights, the global Pea fiber market is projected to expand at a CAGR of 5.1% during the predicted time frame. Forecasts indicate that the market will be valued at USD 2,683.9 Million in 2032 as opposed to USD 1,632.1 Million in 2022.
The market size value in 2022
USD 1,632.1 Million
Market forecast value in 2032
USD 2,683.9 Million
Forecast period
2022 to 2032
Global growth rate (CAGR)
5.1%
Share of USA in the global Pea fiber market
30.2%
The efficacy of dietary fiber to prevent constipation is well-known. A great source of dietary fiber is peas. Peas' exceptional nutritional value and fiber are linked to benefits for the digestive system in terms of health.
The balanced growth of healthy bacteria in the intestines is facilitated by pea fiber, which also inhibits the formation of harmful bacteria. The health and function of the gastrointestinal tract are supported by pea fiber that is taken from the seed coat and cotyledon cell walls.
A study from Mexico City has found that eating legumes and green pea fiber daily reduces the incidence of stomach (gastric) cancer, especially when the daily cholesterol intake is at least 2 milligrams.
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Historical Outlook Vs Future forecasts for Global Pea fiber market
According to Future Market Insights, the global market for Pea Fiber was growing at a CAGR of 4.1% to reach USD 1567.8 Million in 2021 from USD 1,335.0 Million in 2017.
Consuming fiber is necessary to maintain fitness and health due to the changing dietary patterns brought on by people's changing lifestyles. Due to an increase in diet pea fiber consumption, this aspect is boosting the pea fiber market.
Fitness freaks, especially millennials, are very focused on diet control and are willing to spend money on items that contain nutritious foods. This element has helped to increase the market for pea fiber even further.
Country-wise insights
How Does North America lead the Pea Fiber Market?
North America is the world’s largest pea fiber market, with the United States and Canada accounting for a combined share of over 80%. The high demand for pea fiber in North America is driven by the growing health consciousness among consumers and the favorable regulatory environment.
Pea fiber is a rich source of dietary fiber and protein and has numerous health benefits. It has been shown to improve digestion, lower cholesterol levels, and help in weight management. Pea fiber is also known to reduce the risk of some chronic diseases such as heart disease, stroke, and type II diabetes.
The North American region is the largest market for pea fiber, followed by Europe and Asia Pacific. The United States is the largest market for pea fiber in North America, followed by Canada. The high demand for pea fiber in North America can be attributed to the growing awareness of the health benefits of pea fiber and its applications in various industries such as food & beverage, animal feed, and cosmetics.
What makes Europe an Attractive Market for Pea Fiber?
Europe is an attractive market for pea fiber due to the growing demand for healthy and sustainable food options. Pea fiber is a versatile ingredient that can be used in a number of applications, including as a replacement for wheat flour or as a thickener in soups and sauces. What makes Europe an especially attractive market for pea fiber is the region’s commitment to health and sustainability.
Europeans are increasingly interested in food that is good for their health and the environment. This has led to a growing demand for products made with natural ingredients, like pea fiber. Pea fiber is high in protein and dietary fiber, making it a nutritious addition to any diet. Additionally, pea plants require less water and fertilizer than other crops, making them more environmentally friendly.
The combination of health and environmental concerns makes Europe an ideal market for pea fiber.
Which Factors are pushing Pea Fiber Sales in the Asia Pacific?
In the Asia Pacific region, sales of pea fiber have been on the rise in recent years. This is due to a number of factors, including an increased awareness of the benefits of pea fiber and its potential applications in a variety of industries.
One of the primary factors driving pea fiber sales in the Asia Pacific is the growing demand for healthy and natural ingredients in food and beverage products. As consumers become more health conscious, they are increasingly looking for alternatives to traditional ingredients that may be harmful to their health. Pea fiber is seen as a safe and healthy alternative to other ingredients, such as artificial sweeteners, which has driven its popularity in the region.
In addition to its healthy reputation, pea fiber is also attractive to manufacturers because it is a sustainable and environmentally-friendly ingredient.
Find your sweet spots for generating winning opportunities in this market.
Category wise insights
Which Trends for Plant-Based Dietary Supplements to Encourage Significant Growth of the Pea Fiber Market?
In the food sector, pea fiber can become a substitute with excellent nutritional content and provide texture to the dish for those who prefer to omit meat from their diet. Thus, as the number of vegans rises, so does the need for pea fiber.
Consumer demand for foods with high nutritional content as dietary supplements has surged recently due to growing health concerns. Numerous health advantages of pea fiber include regulating bowel movements, lowering cholesterol levels, assisting in the management of diabetes, assisting in the attainment of healthy body weight, and lowering the risk of cardiovascular disease and all malignancies.
Who are the Leading End Users of Pea Fiber?
There are many leading end users of pea fiber. One of the most common uses for pea fiber is in food. Pea fiber is often used as a binding agent or thickener in food products. It can also be used to add texture and nutrition to food products. Another common use for pea fiber is in cereal breakfasts. Pea fiber is often used as a filler ingredient in cereal products. It can also be used to add texture, flavor, and nutrition to cereal products.
Competitive Landscape
In order to meet consumers' growing demand and keep their position asindustry leaders in the Pea Fiber sector, the majority of businesses are concentrating on innovation and new product launches.
Businesses in the Seed Health market sector are always offering new sorts of components to fulfill changing consumer demands and capture the biggest market conceivable. In an effort to reach new markets, businesses are expanding their distribution networks.
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These are some of the major companies in the Pea Fiber market
Roquette Freres SA
AGT Foods & Ingredients
COSUCRA
Quadra Chemicals
PURIS
Vestkorn Milling AS
AM Nutrition
Emsland Group
CFF GmbH & Co. KG
In a recent analysis, FMI extensively examined pricing tactics used by makers of Pea fiber who were positioned across geographical boundaries, sales growth, manufacturing capability, and speculative production development.
The entire study considers current modifications that the FMI team has been researching and which have an effect on Pea fiber producers.
Pea fiber market report scope
Attribute
Details
Forecast period
2022 to 2032
Historical data available for
2017 to 2022
Market analysis
USD million in value
Key regions covered
North America
Eastern Europe
Western Europe
Japan
South America
Asian Pacific
Middle east and Africa
Key countries covered
The USA
Germany
France
Italy
Canada
The United Kingdom
Spain
China
India
Australia
Key segments covered
Type
Crop Type
Distribution channel
Region
Key companies profiled
Roquette Freres SA
AGT Foods & Ingredients
COSUCRA
Quadra Chemicals
PURIS
Vestkorn Milling AS
AM Nutrition
Emsland Group
CFF GmbH & Co. KG
Report Coverage
Market Forecast,
Company Share Analysis
Competitive Landscape
DROT Analysis
Market Dynamics
Challenges
Strategic Growth Initiatives
Customization and Pricing
Available upon request
Global Pea fiber market report scope
By Nature:
Conventional
Organic
By Product Type:
Pea Hull Fiber
Pea Cell wall fiber
By End-Use:
Food
Breakfast cereals
Baked products
Meat products
Pharmaceuticals
Nutraceuticals
Animal feed
Others
Snack foods
Pasta
crackers
By Distribution channel:
Online
Offline
By Region:
North America
Latin America
Asia Pacific
Eastern Europe
Western Europe
Japan
Middle East and Africa (MEA)
Frequently Asked Questions
How big is the Pea fiber market?
The Pea fiber market sie is assessed to USD 1,632.1 Million in 2022.
At What Rate is Pea fiber market expected to rise?
The Pea fiber market is expected to rise at a CAGR of 5.1%.
Which are the major countries driving demand for Pea fiber market?
the USA, China, Canada, Germany, China, India, the United Kingdom, and Australia are the major countries driving demand for the Pea fiber market.
At what rate will the China Pea fiber market grow?
China Pea fiber market is projected to grow at a CAGR of around 5.5% over the next ten years.
What is the market share of Germany Pea fiber market?
Market share of Germany in Pea fiber market is about 28.6% of the global market.
Who are top 5 players operating in the market?
Roquette Freres SA, AGT Foods & Ingredients, COSUCRA, Quadra Chemicals, PURIS, Vestkorn Milling AS, AM Nutrition are expected to be the top players driving the market growth.
What is the demand outlook forecast for the Pea fiber market?
The global Pea fiber market is forecasted to surpass USD 2,683.9 Million by the end of 2032.
