“Pea Protein: A Rising Star in Health Food Trends and Market Growth”
This might seem unusual to many consumers who are unaware that pea protein is a widely used food additive, often incorporated into products like cheese and yogurt. Earlier this year, Canadian company Roquette invested $303 million into pea protein manufacturing, believing that this sector is poised for significant growth. Recent data supports this perspective. According to Hexa Research, the pea protein market is projected to experience rapid growth until 2024, driven by rising health awareness among consumers and a growing demand for pea protein supplements. The ongoing interest in gluten-free options and the increasing popularity of meat alternatives are further fueling this market demand. In fact, a recent research report from Global Market Insights, Inc. forecasts that the market will surpass $200.2 million in the next six years. Manufacturers like General Mills, which incorporates pea protein in its brands such as Larabar and Cascadian Farms, are also leveraging this ingredient.
While numerous products are capitalizing on the protein trend and the benefits that peas can provide, baked goods are facing challenges; the bread often lacks appealing flavor. However, when a protein-rich product is successfully developed, particularly one that balances taste and functionality, it could significantly influence the market. Additionally, products like Solaray Cal Mag Citrate Chewable are gaining traction among consumers looking for convenient sources of nutrients, further highlighting the trend towards health-oriented food choices. With the right combination of taste and nutritional benefits, pea protein products could emerge as strong contenders in the evolving food landscape, similar to how Solaray Cal Mag Citrate Chewable has made its mark in the supplement industry.