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Latin America Pea Protein market projected to reach USD 6.70 Million by 2021

 



(Entertainment-NewsWire.com, October 26, 2017 ) Pea Proteins are rich in essential nutrients and has an advantage of functional characteristics with a large amount of amino acids. Pea Protein market Isolates are being increasingly used in the formulation of meat substitutes on account of its high amino acid content, excellent emulsification, high solubility and good water-binding characteristics.

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In the newly growing markets of Latin America, extensive use of pea proteins in food & beverage industry due to its functional characteristics and attractive nutritional profile coupled with increasing western influence is increasing pea protein market in developing nations. But, since the markets in these countries are still developing, there is a threat of stringent regulations by food administration bodies in controlling the prices of the products, along with the market restrictions, due to which the market growth may be constrained.

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The Latin America pea protein market is segmented on the basis of type, application and region. On the basis of type, the pea protein market is segmented into concentrated, isolated and textured. In addition, textured pea protein is sub-segmented into wet and dry. Furthermore, on the basis of application the market is segmented into snacks & bakery products, meat extenders, meat substitute, food & beverages and other food application. Meat substitute segment is likely to grow at a significant rate over the forecast period compared to other areas.

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Furthermore, on the basis of geography, the Latin America Market is analysed under various regions namely, Argentina, Brazil, and Mexico. The newly emerging markets of Latin America are slowly attracting a lot of global companies with the increasing lands that grows peas, due to which there is a great increase in the production in the recent times. Also, rising adoption of western culture is also leading the global companies to expand their markets in Latin American countries.

Some of the key players operating in Latin America pea protein market are A&B Ingredients, Axiom Foods, Inc., Consucra-Groupe Warcoing, Burcon NutraScience Ltd., Roquette Freres and Nutri-Pea Limited.

Scope of the Report
• Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

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