Pea Fiber Market: Outlook
Dietary fibers are an essential nutrient for the maintenance of human health and pose strong physiological effects on the human body. Pea fiber, a widely used plant-based dietary fiber is extracted from the pods/seeds of the pea plant. Pea fiber is commonly used as a food additive to increase the amount of fiber in food products such as bread, tortillas, pasta, snack foods, biscuits, crackers, nutrition bars, and dietary supplements. The food manufacturers are incorporating pea fibers in the different end food products in order to enhance the fiber nutrient profile of the food product. The US Dietary Guidelines identify fiber as a nutrient of concern because most Americans do not consume the recommended dietary fiber intake is 14g/1,000 kcal which is estimated to be a daily intake of 25g (female) or 38g (male).
In recent years, the pea food is also gaining traction in pet foods, especially in premium, holistic and alternative product formats. Pea fiber used in pet food is termed as a "functional fiber". It is added as a filler in a variety of mass-marketed pet foods to provide appropriate nutrition to dogs and cats.
Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report
Incorporation of dietary fiber with plant-based ingredients is demanded by the manufacturers to enhance the nutrient profile of end product
Pea fiber, an essential dietary fiber serves wide benefits such as aids in achieving healthy weight, benefits in digestion, helps control blood sugar levels, lowers cholesterol levels, increased mineral absorption, and helps maintain bowel health and many others which makes it an important ingredient to be incorporated in food products without hampering the taste and texture of the end food product. Thus, the pea fiber aids in digestion by maintaining the flow of waste through the digestive tract and keeping gut bacteria healthy.
Looking for Regional Analysis or Competitive Landscape , ask for a customized report
Global Pea Fiber Market: Segmentation
The global Pea Fiber market can be segmented based on nature, end-use industry and region.
By nature, the global Pea Fiber market is segmented as –
By end-use industry, the global Pea Fiber market is segmented as –
- Food Industry
- Bakery Products
- Breakfast Cereals
- Meat Products
- Dietary Supplements
- Pharmaceutical Industry
- Pet Food & Animal Feed
By region, the global Pea Fiber market is segmented as –
- North America
- Latin America
- South Asia
- East Asia
- Middle East & Africa
Global Pea Fiber Market: Key Players
Example of some of the key participants operating in the global Pea Fiber market are Vestkorn Milling AS, A&B Ingredients, Roquette Frères Company, AGT Food and Ingredients, Parrheim Foods, Shandong Jianyuan Foods, Yantai Oriental Protein Tech Co., Ltd., Ingredion Incorporated, SunOptra Ingredients Group, J. RETTENMAIER & Söhne Group, among others.
Robust research & development activities and expansion of the range of product portfolio are the major focus areas of the manufacturers in order to cater the demand for Pea Fiber from the end-user industries such as food and pharmaceutical industry as well as for pet food products.
Pea Fiber Market: Activities of the Participants
- Roquette Frères Company, a France-based manufacturer and supplier of food ingredients, launched the USA Nutriose, a soluble fiber obtained from yellow peas, in order to meet the demand for plant-based food ingredients and meet consumer desires. The yellow pea has a reliable source of origin, it is a non-GMO, gluten-free, Halal and Kosher certified and is not a major allergen.
- SunOptra Ingredients Group, has launched and expanded its range of functional fibers in order to include organic and conventional pea fiber. SunOptra Pea Fiber contains 90% dietary fiber. It is a novel fiber and is widely used for inclusions in bakery and meat products in order to make dietary fiber claims.
Opportunities for the Market Participants
The Pea Fiber market is projected to be positively influenced by the manufacturers who are continuously working on new research projects and launching new products containing pea fiber containing end food products. The manufacturers of Pea Fiber can reach potential market sectors in order to gain maximum market share and increase their global sales.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
With a robust experience in creating exceptional market reports, Transparency Market Research has emerged as one of the trusted market research companies among a large number of stakeholders and CXOs. Every report at Transparency Market Research goes through rigorous research activity in every aspect. The researchers at TMR keep a close watch on the market and extract beneficial growth-boosting points. These points help the stakeholders to strategize their business plans accordingly.
TMR researchers conduct exhaustive qualitative and quantitative research. This research involves taking inputs from the experts in the market, focused attention on recent developments, and others. This method of research makes TMR stand out from other market research firms.
Here's how Transparency Market Research helps the stakeholders and CXOs through the reports:
Inculcation and Evaluation of Strategic Collaborations: The TMR researchers analyze recent strategic activities like mergers, acquisitions, partnerships, collaborations, and joint ventures. All the information is compiled and included in the report.
Perfect Market Size Estimations: The report analyzes the demographics, growth potential, and capability of the market through the forecast period. This factor leads to the estimation of the market size and also provides an outline about how the market will retrieve growth during the assessment period.
Investment Research: The report focuses on the ongoing and upcoming investment opportunities across a particular market. These developments make the stakeholders aware of the current investment scenario across the market.
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.