Pea Protein Processing Equipment Market by Method, Application, and Geography - Forecast and Analysis 2023-2027

Pea Protein Processing Equipment Market Forecast 2023-2027

The pea protein processing equipment market is estimated to grow by USD 67.19 million at a CAGR of 4.65% between 2022 and 2027. Pea protein is gaining popularity due to its health benefits, including being rich in amino acids and being a good source of iron. Its versatility as an ingredient in various food products, such as plant-based meat alternatives, dairy alternatives, and sports nutrition products, is also driving its demand. Additionally, the rising prices of conventional protein sources, such as whey and soy, are making pea protein more attractive as a cost-effective alternative.

It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Pea Protein Processing Equipment Market During the Forecast Period?

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Market Segmentation

This report extensively covers market segmentation by method (wet fractionation and dry fractionation), application (food, healthcare products, and others), and geography (North America, Europe, APAC, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

By Method

The market share growth by the wet fraction segment will be significant during the forecast period. Pea protein isolates are produced using the wet fractionation method. In the wet fractionation method, pea flour that is obtained after milling is hydrated, and the starch and fibers are separated. The protein fraction is then spray-dried, and protein isolates are produced. 

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The wet fractionation segment was valued at USD 180.54 million in 2017 and continued to grow until 2021. Protein isolates are used in food products as they improve the texture and nutritional quality of food products. They contain arginine, leucine, glutamine, and other amino acids. These isolates are rich in protein and are used widely for various applications, such as an ingredient in nutraceuticals, sports nutritional products, and functional foods. This has led to an increase in production to meet the demand for end products. It helps in muscle building and is also majorly preferred by vegan bodybuilders. Furthermore, protein isolates have higher protein purity, higher solubility, foam stability, and digestibility than protein concentrates. Therefore, these factors will increase the use of this method, thereby driving the global market growth during the forecast period. 

By Region

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North America is estimated to contribute 38% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

North America is the leading market. A rise in demand for plant protein-based isolates among bodybuilders as an alternative to whey protein has been driving the market growth. Additionally, these isolates have been increasingly used as an ingredient in various food and beverage products, such as ready-to-drink beverages, nutrition bars, pasta, batters, and others. Therefore, an increase in consumer preference for healthy and sustainable products has also led to a rise in the use of pea proteins. Furthermore, the use of these concentrates as an ingredient in animal feed and aqua feed in North America has also helped in the growth of the market. 

The US and Canada are the leading producers of yellow peas globally.  As yellow peas are used mainly for producing these products, the increase in the production of yellow peas will increase the production of pea protein as well. A significant number of manufacturers provide various types of these products. For instance, PGP International provides pea protein crisps, which can be used for preparing cereals, confectioneries, energy foods, and others. As a wide range of products will help attract more consumers, it will help in boosting the regional market growth during the forecast period. 

Market Dynamics and Customer Landscape

The market is witnessing robust growth, driven by the increasing consumer demand for health and wellness products, including muscle-building and weight management solutions. Manufacturers are focusing on developing equipment to support the production of satiety support products and clean-label products that are allergen-free and align with vegan and vegetarian lifestyle trends. Environmental sustainability is a key focus, driving the adoption of equipment for processing plant-based foods like pea protein. This protein source, derived from yellow peas, is a significant player in the larger plant-based protein industry, catering to the rising demand for meat substitutes and growing consumer awareness. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The health and nutritional benefits provided by pea protein are notably driving the market growth. This is rich in essential amino acids, including glutamine and branched-chain amino acids (BCAA) like leucine, isoleucine, and valine. BCAA aids in maintaining a muscle-building state by enhancing stamina and energizing workouts. This nutrient source is beneficial for various demographics, such as children and the elderly, offering lysine for cholesterol reduction and calcium absorption, aiding bone, skin, and tendon health, and supporting immune function. Low in carbohydrates, sugar, and fats, and high in calcium, it's favored in sports and clinical nutrition, being allergen-free and suitable for lactose-intolerant individuals and vegans. This contributes to increased demand and fosters global market growth, aligning with health and wellness and vegan lifestyle trends. Therefore, all these benefits will help in increasing the demand for the product and boost the global market growth during the forecast period. 

Significant Market Trend

A growing preference for veganism is an emerging trend in the market. Veganism is the practice of refraining from the use of animal products such as eggs, dairy products, meat, and other animal-derived substances. The increase in health concerns among consumers and allergic reactions to egg and dairy products in some people have resulted in a shift in focus toward veganism. Additionally, consumers believe that following veganism will help in reducing the risk of chronic diseases such as heart disease and cancer. The rise in concerns regarding animal welfare and the environment has also resulted in many consumers choosing a vegan diet.

A rise in the number of vegans has increased demand for plant-based products such as pea protein, soy protein, flaxseeds, and others. This is one of the best alternatives for whey protein. Hence, as the number of vegans increases, the use of various plant-based proteins such as pea protein will also increase. This may encourage many end-users to invest in new units to increase production capacity and achieve overall operational efficiency. Therefore, all these factors will fuel the market growth during the forecast period. 

Major Market Challenge

Concerns about the side effects of pea protein are major challenges impeding market growth. This is usually considered to be low allergenic, unlike other proteins. However, the consumption of this product may cause a few side effects, which is a concern for some consumers. The side effects are caused due to the adverse reaction of the immune system to some specific protein that is present in peas. Overconsumption of pea protein may also lead to various complications such as wheezing, shortness of breath, coughing, nausea, throat irritation, and others.

Furthermore, certain carbohydrates, such as oligosaccharides, are present in pea protein. This can cause gas and stomach problems such as bloating and diarrhea in some consumers. Consumption of these can also create problems for consumers who have gout. Concerns regarding the side effects may discourage potential consumers from consuming thereby resulting in a reduction in the use of pea protein. This may lead to a reduction in sales, thereby negatively affecting the market growth during the forecast period. 

Key Market Customer Landscape

The report includes the market's adoption lifecycle, covering the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Market Customer Landscape

Who are the Major Pea Protein Processing Equipment Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

AKYUREK TECHNOLOGY -  The company is involved in seed processing, conditioning machines storage, and manufacturing. The key offerings of the company include pea protein processing equipment.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

• Alfa Laval Corporate AB
• Alvan Blanch Development Co.
• Andritz AG
• Buhler AG
• Erich NETZSCH GmbH and Co. Holding KG
• Flottweg SE
• GEA Group AG
• Hillenbrand Inc.
• Hosokawa Micron Corp.
• JK Machinery Sro
• John Bean Technologies Corp.
• Jwala Techno Engineering Pvt. Ltd.
• Koch Industries Inc.
• Pollak Sala Sro
• Prater Industries Inc.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. The market has been segmented by Method (Wet fractionation and Dry fractionation), Application (Food, Healthcare products, and Others), and Geography (North America, Europe, APAC, Middle East and Africa, and South America).

• Method Outlook 
  • Wet fractionation
  • Dry fractionation

• Application Outlook 
  • Food
  • Healthcare products
  • Others

• Region Outlook 
  • North America
    • The U.S.
    • Canada
  • Europe
    • The U.K.
    • Germany
    • France
    • Rest of Europe
  • APAC
    • China
    • India
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa
  • South America
    • Chile
    • Brazil
    • Argentina

Market Analyst Overview

The market is driven by primary research, secondary research, and subject-related expert advice. Economic factors, social factors, and political factors also play a crucial role. Regulations impact positive changes and negative changes in the market. Product offerings are influenced by these factors. Financial statements and key developments shape the strategic approach of companies. Geographical penetration is essential for market growth. Qualitative data and quantitative data drive research considerations. Annual reports, financial reports, and investor presentations provide insights. Internal databases and external databases are valuable resources. Patent databases and regulatory databases offer additional information. National government documents and statistical databases provide context.

The market is growing rapidly. Dry phase and Outer shell processing are key steps. Mechanical action and Mixture processes are critical. Wet filtration is used to extract pea proteins. Water-soluble pea proteins are in demand for various applications. Plant-based dairy, baked goods, and sports nutrition are key sectors. Health-conscious choices drive consumer preferences. Ethical considerations are increasingly important. Food technology drives technological advancements. Potential disruptions can impact the market. Commercial drivers influence market dynamics. Key operators lead the market. Historical data and industry insights guide decision-making. Economic downturns pose resilience challenges. Plant protein consumption is rising due to plant-based diets. The hypoallergenic nature and amino acid profile are key attributes. Premium pricing reflects its nutritional value. Profit margins are influenced by sustainability benefits and consumer loyalty. Supply chain constraints and price fluctuations pose challenges.

Competition from new entrants is increasing. Scaling up production is a strategic goal. Taste concerns impact consumer acceptance. Sustainable consumption is a growing trend. Climate change effects drive alternative sourcing methods. Evolving technologies are shaping the market. The Conventional Pea Protein segment is evolving with technological advancements. Smart devices and data connectivity are improving integration and affordability. The availability of these products is increasing. Dietary shifts towards plant-based diets are driving growth. Organic producers face environmental scrutiny. Non-organic farming practices raise sustainability concerns. Pesticide residues impact health perceptions. Organic options offer alternatives. Synthetic fertilizers impact land management practices. Sustainable practices are essential for transparency.

The pea protein market is witnessing substantial growth, driven by increasing demand for clean label products in the food & beverage industries. Products like protein shakes and energy drinks are leveraging pea protein as a key ingredient due to its numerous health benefits, including the potential to lower blood pressure. Raw material cost considerations are prompting companies like Beyond Meat to explore alternative protein sources such as dry peas and yellow split peas. However, the challenge lies in ensuring the innovation of extraction, purification, and refinement procedures to produce premium protein isolates and powders. Efficient extraction and purification processes are critical for yielding clean and safe pea protein products while maintaining production efficiency and reducing energy usage. Meeting legal requirements and obtaining necessary certifications regarding food safety and hygiene is essential for market penetration.

Technological advances, including automation, machine learning, and artificial intelligence, are revolutionizing pea protein production, enhancing process control, consistency, and separation efficiency. Advanced technologies also contribute to efficient processing and mitigate negative environmental effects through closed-loop processing techniques, water recycling systems, and energy-efficient technology. By integrating automation and advanced technologies, manufacturers can optimize processing time, improve yield, and expand the range of protein functionalities offered by various pea varieties. Through research methodology and subject matter expert advice, the industry can continue to innovate, ensuring the multifunctionality of pea protein and meeting the evolving demands of consumers and regulatory standards alike.

Pea Protein Processing Equipment Market Scope
Report Coverage	Details
Page number	166
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 4.65%
Market growth 2023-2027	USD 67.19 million
Market structure	Fragmented
YoY growth 2022-2023(%)	2.99
Regional analysis	North America, Europe, APAC, Middle East and Africa, and South America
Performing market contribution	North America at 38%
Key countries	US, China, Japan, UK, and Germany
Competitive landscape	Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks
Key companies profiled	AKYUREK TECHNOLOGY, Alfa Laval Corporate AB, Alvan Blanch Development Co., Andritz AG, Buhler AG, Erich NETZSCH GmbH and Co. Holding KG, Flottweg SE, GEA Group AG, Hillenbrand Inc., Hosokawa Micron Corp., JK Machinery Sro, John Bean Technologies Corp., Jwala Techno Engineering Pvt. Ltd., Koch Industries Inc., Pollak Sala Sro, Prater Industries Inc., ProEx Food LLC, Satake Corp., SiccaDania AS, Sturtevant Inc., and Zanichelli Meccanica Spa
Market dynamics	Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
• Precise estimation of the size of the market size and its contribution to the parent market
• Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
• Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
• Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
• Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

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