Chicago, July 19, 2024 (GLOBE NEWSWIRE) -- According to MarketsandMarkets™, the pea protein market size is projected to reach $3.7 billion by 2029 from $2.1 billion by 2024, at a CAGR of 12.0% during the forecast period in terms of value. The increasing awareness of health and wellness among consumers presents an opportunity for pea protein to be positioned as a natural and healthy ingredient. Companies can capitalize on this trend by developing and marketing products that align with consumer preferences for healthier alternatives. In recent years, a discernible shift in consumer preferences towards sustainable and health-conscious choices has spurred a demand for natural ingredients. This evolving consumer mindset, in conjunction with the surge in plant-based alternatives, is significantly influencing the pea protein market. Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=36916504 Pea protein isolates play a crucial role in the pea protein market, contributing to its versatility and functional properties, making it a sought-after ingredient. Pea protein isolate contains a high concentration of protein, typically around 80-90% protein by weight. This makes it an attractive option for individuals seeking to increase their protein intake, particularly those following plant-based diets or with specific dietary restrictions. Pea protein isolate has a neutral flavor profile, allowing it to be seamlessly incorporated into a wide variety of food and beverage products without significantly altering taste or texture. This versatility makes it a popular choice for formulating protein bars, shakes, plant-based meats, dairy alternatives, baked goods, and more. Pea protein serves as a key ingredient in plant-based meat alternatives, such as burgers, sausages, nuggets, and ...