The pea fiber market was valued at USD 1.7 million globally in 2022, and a compound annual growth rate (CAGR) of 4.9% is anticipated over the course of the forecast period. The market is expanding as a result of growing consumer demand for plant-based ingredients, increased health consciousness, the promotion of diets high in fiber to address a number of health-related problems, such as digestion, and a growing inclination for natural and clean-label products in the food and beverage sectors. Pea fiber's market expansion is aided by its adaptability in a range of applications, including food, medicine, and animal feed.

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Growth Drivers
· Increasing inclination of people towards taking plant based products
· Expansion of clean label, and natural ingredients
· Technological advancements in food processing
· Rising health awareness among people in all over the world
· Food Industry Applications
· Rising awareness of Dietary fibers
Increased awareness of plant-based diets, the expanding number of vegans, the popularity of clean label products, the high usage of pea fibers in plant-based supplements, and growing awareness of the consumption of pea fiber. For pea fiber to succeed in the future, it is essential to provide products that are extensively used in a variety of applications.
Segmentation
Type
· Inner Hull Fiber
· Outer Hull Fiber
Source
· Organic
· Conventional
By End-Users
· Food
· Breakfast Cereals
· Baked Products
· Meat Products
· Pharmaceuticals
· Nutraceuticals
· Animal Feed
· Others
· Snack-food
· Pasta
· Crackers
Grade
· Food Grade
· Feed Grade
Application
· Vegan Meat Substitutes
· Bakery
· Soups and Sauces
· Beverages
· Animal Foods
· Other Applications
Regional Outlook
· Asia Pacific
· North America
· Latin America
· Europe
· Middle East and Africa
Key Players
· COSUCRA
· AM Nutrition
· Emsland Group
· Vestkorn Milling AS
· PURIS
· Quadra Chemicals
· AGT Foods and Ingredients
· Roquette Freres SA
· CFF GmbH and Co. KG
· Other Players

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