Chocolate Industry

Global Pea Milk Market Overview to 2027 –

Dublin, May 14, 2021 (GLOBE NEWSWIRE) – The “Pea Milk Market by Flavor, Packaging Type and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2027” the report was added to from offer.

Dried peas or yellow peas are harder legumes. Dried peas belong to the same family as beans and lentils, but they are generally known as a separate group due to the way they are prepared. Dried peas are usually produced by harvesting the peapods when they are fully ripe and drying them afterward. Once dried and the skins removed, they naturally split. Dried yellow peas are rich in protein, have a low allergenic property and are clean.

In the dairy industry, pea milk is one of the recent innovations in which manufacturers are looking for an inexpensive solution to meet the growing demand for protein across the world. Pea milk is extracted from yellow peas, and it constitutes the same amount of protein as that provided by cow’s milk and much more than that present in almond milk. Milk extracted from peas is cost effective, has an original taste and does not offer a strong flavor like other plant-based milks available on the market.

The growth of the global pea milk market is attributed to the increase in the number of vegan and diet conscious consumers across the world. In addition, the increase in lactose intolerance problems is fueling the demand for dairy-free or vegan food products. In addition, pea milk is enjoying increasing popularity in mature and emerging markets, due to the increase in the number of people with allergies to dairy products. Additionally, increased health awareness and skyrocketing disposable income have complemented the growth of the pea milk market. The introduction of additional healthy ingredients by different market players further increases the market growth. However, the fluctuating prices of raw materials and the high cost of extracting vegetable milk are the main obstacles to the world market. On the contrary, the upsurge in demand for non-dairy products by the vegan population and the introduction of new flavors and varieties of pea milk are expected to provide potential opportunities for the expansion of the global pea milk market. Additionally, increasing consumer acceptance of pea milk is expected to contribute significantly to the growth of the market during the forecast period.

The global pea milk market is segmented into flavor, packaging type, distribution channel, and region. On the basis of flavor, it is classified into original, unsweetened, vanilla and chocolate. Depending on the type of packaging, it is separated into bottles and aseptic cartons. In terms of distribution channel, it is fragmented into retail stores, supermarkets / hypermarkets, e-commerce and others. At the regional level, it is analyzed in North America, Europe, Asia-Pacific and LAMEA.

Market players have adopted product launch, acquisition and collaboration as key development strategies to increase profitability and strengthen their position in the competitive pea milk market. The major players described in the report are Sproud, Ripple Foods, Snappea Foods, Devon Garden Foods, Qwrkee, Freedom Foods, Vly Foods, Nestle SA, The Mighty Society and DrinkStar.

Key Benefits

  • The report provides quantitative analysis of current market trends, estimates and market size dynamics from 2019-2027.
  • Porter’s Five Forces Analysis highlights the ability of buyers and sustainable supplier stakeholders to make profit-driven business decisions and strengthen their supplier-buyer network.
  • Thorough size and segmentation analysis helps to determine existing market opportunities.
  • The main countries in each region are mapped according to their contribution to industry revenues.
  • The market player positioning segment facilitates benchmarking and provides a clear understanding of the current position of market players in the pea milk industry.

Main topics covered:

Chapter 1 Introduction
1.1. Description of the report
1.2. Key benefits for stakeholders
1.3. Key market segment
1.4. Research methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

Chapter 2: Executive Summary
2.1. Main conclusions of the study

Chapter 3: Market Overview
3.1. Market definition and scope
3.2. Main conclusions
3.3. Porter’s Five Forces Analysis
3.4. Peer Parent Market Analysis
3.5. Market dynamics
3.5.1. Conductors Increased demand for plant-based milk Increase in disposable income Growing vegan population
3.5.2. Detention High price of herbal products
3.5.3. Opportunity Increase in the number of consumers allergic to dairy products
3.6. Impact of COVID-19 on the pea milk market

Chapter 4: Global Pea Milk Market, By Flavor
4.1. Overview
4.1.1. Market size and forecast
4.2. Original
4.2.1. Key Market Trends, Growth Drivers and Opportunities
4.2.2. Market size and forecast
4.2.3. Market analysis by country
4.3. Unsweetened
4.3.1. Key Market Trends, Growth Drivers and Opportunities
4.3.2. Market size and forecast
4.3.3. Market analysis by country
4.4. Vanilla
4.4.1. Key Market Trends, Growth Drivers and Opportunities
4.4.2. Market size and forecast
4.4.3. Market analysis by country
4.5. Chocolate
4.5.1. Key Market Trends, Growth Drivers and Opportunities
4.5.2. Market size and forecast
4.5.3. Market analysis by country

Chapter 5: Global Pea Milk Market, By Packaging Type
5.1. Overview
5.1.1. Market size and forecast
5.2. Bottles
5.2.1. Key Market Trends, Growth Drivers and Opportunities
5.2.2. Market size and forecast
5.2.3. Market analysis by country
5.3. Aseptic cartons
5.3.1. Key Market Trends, Growth Drivers and Opportunities
5.3.2. Market size and forecast
5.3.3. Market analysis by country

Chapter 6: Global Pea Milk Market, By Distribution Channel
6.1. Overview
6.1.1. Market size and forecast
6.2. Retail stores
6.2.1. Key Market Trends, Growth Drivers and Opportunities
6.2.2. Market size and forecast
6.2.3. Market analysis by country
6.3. Supermarkets / hypermarkets
6.3.1. Key Market Trends, Growth Drivers and Opportunities
6.3.2. Market size and forecast
6.3.3. Market analysis by country
6.4. E-commerce
6.4.1. Key Market Trends, Growth Drivers and Opportunities
6.4.2. Market size and forecast
6.4.3. Market analysis by country
6.5. Other
6.5.1. Key Market Trends, Growth Drivers and Opportunities
6.5.2. Market size and forecast
6.5.3. Market analysis by country

Chapter 7: Pea Milk Market, By Region
7.1. Overview
7.2. North America
7.3. Europe
7.4. Asia Pacific
7.5. LAMEA

Chapter 8: Competition Landscape
8.1. Best winning strategies
8.2. Product mapping
8.3. Competitive dashboard
8.4. Competitive heat map
8.5. Key developments
8.5.1. Acquisition
8.5.2. Business expansion
8.5.3. Product launch

Chapter 9: Company Profiles
9.1. Sproud International Ab
9.1.1. Company presentation
9.1.2. Key executive
9.1.3. Company snapshot
9.1.4. Product portfolio
9.1.5. Main movements and strategic developments
9.2. Ripple Foods Pbc.
9.2.1. Company presentation
9.2.2. Key executive
9.2.3. Company snapshot
9.2.4. Product portfolio
9.3. Snappea Foods
9.3.1. Company presentation
9.3.2. Company snapshot
9.3.3. Product portfolio
9.4. Devon Garden Food Limited
9.4.1. Company presentation
9.4.2. Key executive
9.4.3. Company snapshot
9.4.4. Product portfolio
9.5. Qwrkee Foods Ltd
9.5.1. Company presentation
9.5.2. Key leaders
9.5.3. Company snapshot
9.5.4. Product portfolio
9.6. Freedom Foods Group Limited
9.6.1. Company presentation
9.6.2. Key executive
9.6.3. Company snapshot
9.6.4. Operational business segments
9.6.5. Product portfolio
9.6.6. Company performance
9.7. Nestlé SA
9.7.1. Company presentation
9.7.2. Key executive
9.7.3. Company snapshot
9.7.4. Product portfolio
9.7.5. Company performance
9.7.6. Main movements and strategic developments
9.8. the Mighty Society
9.8.1. Company presentation
9.8.2. Company snapshot
9.8.3. Product portfolio
9.8.4. Main movements and strategic developments
9.9. Symrise Ag
9.9.1. Company presentation
9.9.2. Key leaders
9.9.3. Company snapshot
9.9.4. Operational business segments
9.9.5. Product portfolio
9.9.6. Company performance
9.10. Vf Nutrition GmbH
9.10.1. Company presentation
9.10.2. Company snapshot
9.10.3. Product portfolio

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