Pea Fiber Market To Expand At A CAGR Of Nearly 8% Between 2020 and 2030

The pea fibers market has witnessed prolific growth in recent years and is poised to grow at a CAGR of nearly 8% by the end of the forecast period. Continuous efforts by market players to strengthen their supply chains is anticipated to provide leverage to the market. Thus, the market is slated to grow by nearly 2X during the forecast period (2020-2030).

While multiple industries have been severely affected by the COVID-19 pandemic, minimal repercussions have been seen in the pea fiber market. At the same time, companies are focusing on increasing the production capacity of their plants which are presently located in least infected countries. For example, in Feb 2020, Roquette Freres SA increased its investment by US $4 Mn in an Israeli seed breeding startup Equinom.

The outer hull pea fiber segment is poised to dominate market demand owing to high demand for soups & sauces, beverages and bakery products. The outer hull pea fiber market is expected to grow at a CAGR of nearly 7% during the forecast period. In North America outer pea fiber demand is dominated by animal feed products and the market is expected to create an absolute $ opportunity of nearly US $ 10 Mn by 2020-2030.

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Pea Fiber Market – Scope of Report:

A latest publication by Fact.MR on the global Pea Fiber market evaluates the opportunities and current market landscape, and provides detailed analysis and updates about corresponding sections affecting the market.

The study offers detailed insights on key market dynamics, which include the drivers, restraints, trends, and opportunities in the market.

The principal aim of the study is to present exclusive information about how the market will perform during the forecast period of 2020-2030.

Important indicators for the successful growth of the Pea Fiber market are presented in this comprehensive report, which include Year-on-Year (Y-o-Y) growth analysis of the market, and compounded annual growth rate (CAGR), which are described in an exhaustive way in Fact.MR’s study.

This research study can support readers to know the demand for Pea Fiber supplements, and the quantitative development opportunities during the study period.

The research is beneficial for shareholders in Pea Fiber, including investors, manufacturers, service providers, distributors, and suppliers, and can help them in developing suitable business strategies to flourish in the market.

Insights and wisdom presented in this Fact.MR study can be leveraged by shareholders in the market, industry experts, investors, researchers, and reporters, as well as business enthusiasts.

In-depth Analysis on Competitive Landscape:

The report sheds light on leading providers of Pneumatic Rollers, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the Basalt fiber offering has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which include essentials such as product portfolios and key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting the market status, and predicting the competition level in the Temporary Power market.

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Report benefits & key questions answered

• Post covid consumer spending on Pea Fiber: the report also highlights the change in the buying behavior of consumers and shifts in purchasing power, post covid-19. This information will assist the businesses to plan their production and marketing strategies.
• Pea Fiber demand outlook: the market intelligence study reports highlights the factor propelling the demand for Pea Fiber. As per the study, the demand for Pea Fiber will grow through 2030.
• Pea Fiber historical volume analysis: Fact.MR survey report provides insights into the sales registered over the last forecast year 2016 to 2020 and create estimates regarding the sales performance for 2020-2030.
• Pea Fiber consumption by demographics: the report provides consumption by demographics analysis to assist the market players in designing their expansion strategies on the basis of consumption pattern of the customers.

Pea Fiber Market Segmentations:

• By Type :

  • Inner Fiber
  • Outer Fiber

• By Source :

  • Organic
  • Conventional

• By Application :

  • Bakery
  • Vegan Meat Substitute
  • Soups & Sauces
  • Beverages
  • Animal Foods
  • Other Application

• By Grade :

  • Food Grade
  • Feed Grade

• By Regions :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia and Oceania
  • MEA

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