DUBLIN--(BUSINESS WIRE)--The "South Africa Pea Protein Market 2018-2023 - Size, Trends, Competitive Analysis and Forecasts" report has been added to ResearchAndMarkets.com's offering.
The market revenue of the pea protein in the country is estimated at above $1 million in 2018.
South Africa is one of the fastest growing economies in the African region with the GDP of almost $300 billion as of 2016. The country's economy is mostly diversified with the important sectors including mining, agriculture and fisheries. The market of pea protein in South Africa is growing rapidly with increase in number of application across various segments of the industry.
In South Africa, the production of peas is relatively low compared to the other countries in the region. In last few decades, the green peas were mostly used for the salads and in making other dishes. However, due to the proven nutritional and functional values of both dried yellow and green peas, the application of the peas is ever increasing in the country. In South Africa, pea protein, due to its nutritional qualities, is hailed as new plant-based protein and preferred as an alternative to other animal-based proteins.
Advance Seed, agricultural based South African production, trading and processing organization is one of the local pea protein producer in the country. The organization claims that demand of the pea protein-based products is increasing as the cost of pea protein is one third to that of whey protein. It is also a healthy alternative to soy protein and provides great benefit and usability.
The pea protein in the South African market is not yet available in the raw form, however, increasing products from wide range of industries such as protein supplements industry, food industry and beverage industry are available in the market that contains pea protein as an ingredient. It is also utilized in the meat industry to enhance the protein value and retain moisture and brine.
Key Deliverables
Key Topics Covered
1. Introduction
2. Summary
3. Industry Dynamics
4. Market Size and Forecast
5. Competitive Analysis
6. Company Profiles
6.1 Burcon Nutrascience Corporation
6.2 Shandong Jianyuan Group
6.3 The Scoular Company
6.4 Axiom Foods
6.5 Farbest Brands
6.6 Fenchem Inc
6.7. Roquette Frerers
6.8 Sotexpro S.A.
6.9 Yantai Oriental Protein Tech Co. Ltd
6.10 Cosucra Groupe Warcoing S.A.
6.11 Hill Pharma Inc
6.12 Ingredion Inc
6.13 Kerry Inc
6.14 Prinova Group LLC
6.15 Puris LLC
For more information about this report visit https://www.researchandmarkets.com/research/nntdn5/south_african_pea?w=4
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