Latest News- Pea Protein Processing Equipment Market: Wet fractionation is expected to lead the Method segment during 2024-2028

The Pea Protein Processing Equipment Market is being driven by Health and nutritional benefits provided by pea protein

The Pea Protein Processing Equipment Market is expected to grow at a CAGR of 3.2% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 46.2 million. The global pea protein market is experiencing significant growth due to the rising demand for this plant-based protein source. To capitalize on this trend, several key players in the industry are expanding their production capacities. For instance, a consortium of companies, including Protein Industries Canada, More Than Protein Ingredients Ltd., Quantum Mechanical Technology Inc., and Hamman Ag Research Inc., have invested CAD 29 million to construct a processing facility for peas and lupins in Bowden, Alberta, Canada. Similarly, European functional ingredient manufacturer BENEO GmbH has announced a €50 million investment in a new pulse processing facility in Offstein, Germany. These strategic expansions aim to boost market share and cater to the escalating demand for pea protein. 

Get more information on Pea Protein Processing Equipment Market by requesting a sample report

Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Method
  • Wet fractionation
  • Dry fractionation
• Application
  • Food
  • Healthcare products
  • Others
• Geography
  • North America
    • US
  • Europe
    • Germany
    • UK
  • APAC
    • China
    • Japan
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Health and nutritional benefits provided by pea protein
• Use of pea protein as an ingredient in various food products
• Rising prices of conventional protein sources

However, the market also witnesses some limitations, which are as follows:

• Strict regulations and standards for pea protein processing
• Concerns about side effects of pea protein
• A decline in pea protein content

Benefits of Buying Global Pea Protein Processing Equipment Market Research Report by Technavio

Rich Experience: 20+ years leading global market research, trusted insights across industries.

Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.

Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.

Market Scope in Pea Protein Processing Equipment Market Research Report

Find out which segment is leading the market by accessing the free PDF report

Research Analysis Overview

The Pea Protein Processing Equipment Market is witnessing significant growth due to the increasing demand for plant-based dairy alternatives, meat substitutes, and other plant-based foods. Yellow peas are a rich source of plant-based protein, and the processing of pea proteins involves several steps, including the production of pea flour, starch, and fibers. The extraction of water-soluble pea proteins is typically done through a combination of mechanical action and wet filtration. The mixture is subjected to mechanical action to rupture the outer shell of the pea, releasing the proteins. The proteins are then separated from the water through wet filtration. The dry phase of pea protein processing involves the removal of moisture through heating and evaporation. The resulting powder is used in various applications, including protein shakes, plant-based dairy, and meat substitutes. Consumer awareness of the health benefits of plant-based proteins, such as satiety support, weight management, muscle building, and health and wellness, is driving demand for pea protein. Additionally, the environmental sustainability and allergen-free nature of pea protein make it an attractive alternative to animal-derived proteins. The manufacturing of pea protein requires specialized equipment to ensure the highest quality and yield. Companies are investing in advanced processing technologies to meet the growing demand for clean label products and meet the specific requirements of various industries, including food and beverage, nutraceuticals, and pharmaceuticals.

Market Research Overview

The industrial machinery and supplies and components market encompasses businesses specializing in the production of machinery and components, including presses, machine tools, compressors, pollution control equipment, elevators, escalators, insulators, pumps, roller bearings, and other metal fabrications. According to Technavio, the market size is determined by the consolidated revenue generated by manufacturers supplying equipment for industrial applications. Key growth drivers for this market include expanding industrial production in process and discrete industries, fueled by increasing demand for energy, chemicals and petrochemicals, pulp and paper products, and processed food and beverages in developing economies.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/