The France Pea Protein Market was valued at USD 335 million in 2023 and is expected to experience robust growth, reaching nearly USD 465.13 million by 2030. The market is projected to grow at a compound annual growth rate (CAGR) of 4.80% from 2024 to 2030.
France Pea Protein Market Overview:
Pea protein, a plant-based, high-quality protein rich in branched-chain amino acids, is rapidly gaining traction in the French market due to its cost-effectiveness, availability, and low allergenicity compared to alternatives like soy protein. It is increasingly favored for its well-balanced amino acid composition and is a popular ingredient in plant-based foods such as meat substitutes, energy bars, and snacks. A mature pea contains 26% protein, with 16-24% albumin and 50-55% globulin fractions.
Recent developments have brought attention to the environmental benefits and sustainability of plant proteins. France’s support for plant-based innovation is underscored by a €11.4 million, five-year project focused on advancing pea protein technology, making it a central component of France’s agricultural and food sectors.
Market Scope:
- Market Size in 2023: USD 335 million
- Market Size in 2030: USD 465.13 million
- CAGR (2024-2030): 4.80%
- Historic Data: 2018-2022
- Base Year: 2023
- Forecast Period: 2024-2030
For further analysis and insights, visit the following link:https://www.stellarmr.com/report/req_sample/France-Pea-Protein-Market/1673
Market Drivers:
- Rising Health Consciousness: There is an increasing consumer shift toward plant-based protein due to growing awareness of its health benefits. Pea protein is seen as an excellent alternative to animal-based proteins, offering a balanced amino acid profile, sustainability, and ethical considerations.
- Demand for Sustainable Protein: Pea protein is considered environmentally friendly and more sustainable than animal-based protein, driving demand among eco-conscious consumers.
- Functional Benefits: Pea protein has functional benefits, such as solubility, emulsification, foaming, and gelling, making it a preferred choice for food manufacturers.
- Government Support: France’s investment in plant-based protein innovation, through government-backed projects, is enhancing the market’s growth prospects.
Market Trends:
- Shift Toward Plant-Based Foods: The demand for plant-based meat substitutes, energy bars, and snacks, where pea protein plays a key role, is growing.
- Health and Wellness: With more consumers focusing on fitness and wellness, sports nutrition applications of pea protein are seeing significant growth.
- Sustainability: The preference for plant proteins over animal-based alternatives continues to rise, driven by environmental concerns.
Segmentation:
The France Pea Protein Market is segmented based on product type, form, source, and application:
- By Product:
- Protein Isolates
- Protein Concentrates
- Textured Pea Protein
- By Form:
- Dry
- Wet
- By Source:
- Yellow Split Peas
- Chickpeas
- Lentils
- By Application:
- Sports Nutrition (28% share)
- Meat Extenders and Substitutes
- Nutritional Supplements
- Beverages
- Snacks
For a deeper dive into this research, follow this link:https://www.stellarmr.com/report/req_sample/France-Pea-Protein-Market/1673
Key Players:
- Roquette Frères
- Avril
- Tereos
- Sotexpro (Bermericourt)
Regional Analysis:
The France Pea Protein Market is primarily driven by domestic demand, with increasing adoption in sports nutrition, meat substitutes, and functional foods. As consumer awareness of health and sustainability grows, the market is expected to continue expanding across key segments.
Key Questions Answered:
- What are the key drivers fueling the growth of the France Pea Protein Market?
The market is driven by health consciousness, sustainability concerns, and government support for plant-based innovation. - Which applications dominate the France Pea Protein Market?
Sports nutrition holds the majority share, followed by its use in meat substitutes and other food products. - What are the growth prospects for the market through 2030?
The market is expected to grow at a CAGR of 4.80%, reaching USD 465.13 million by 2030. - Who are the key players in the France Pea Protein Market?
Major players include Roquette Frères, Avril, Tereos, and Sotexpro (Bermericourt).
The market’s promising outlook reflects a significant shift toward plant-based proteins in France, positioning pea protein as a key player in the global protein market.
For a detailed overview of the study, click here:https://www.stellarmr.com/report/France-Pea-Protein-Market/1673
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by Different Segment | 2024-2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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