Japan Pea Protein Market Size, Share, and COVID-19 Impact Analysis, By Processing Method (Dry Processing and Wet Processing), By Form (Solid and Liquid), and Japan Pea Protein Market Insights, Industry Trend, Forecasts to 2033.

Japan Pea Protein Market Insights Forecasts to 2033

• The Japan Pea Protein Market Size was valued at USD 135.11 Million in 2023
• The Market Size is Growing at a CAGR of 6.23% from 2023 to 2033
• The Japan Pea Protein Market Size is Expected to Reach USD 247.17 Million by 2033

The Japan Pea Protein Market Size is Anticipated to Reach USD 247.17 Million by 2033, growing at a CAGR of 6.23% from 2023 to 2033.

Market Overview

Japan's pea protein market is the industry that focuses on the country's pea protein production, distribution, and consumption. In Japan, pea protein is extracted by mechanically removing the outer shells in a dry phase, then wet filtration and centrifugation to separate the water-soluble proteins. With a lot of customers switching to plant-based meat substitutes, it surpasses as the source with the fastest rate of development, propelling the market expansion in Japan. Its demand is driven by sustainability, health consciousness, and technology breakthroughs, which are changing the market for animal-free protein products. Pea protein is becoming more popular in Japan's food sector because of new extraction techniques like chemical-free dry fractionation. These techniques are economical and have little effect on the environment. Additionally, the use of plant-based protein supplements has grown in Japan due to the country's burgeoning sports and fitness sector. Food producers are using pea protein because of its excellent digestibility and amino acid profile in a variety of products, such as nutritional supplements, dairy substitutes, and meat substitutes.

Report Coverage

This research report categorizes the market for the Japan pea protein market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan pea protein market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan pea protein market.

Driving Factors

Growing demand for plant-based protein substitutes and increased health consciousness are driving the pea protein industry in Japan. Pea protein demand is rising as a result of customers' need for sustainable and allergy-free protein sources due to Japan's expanding vegetarian and vegan diet trend. Since pea protein is a good substitute, the growing incidence of lactose intolerance and soy allergies in Japan propels market expansion even further. Government programs encouraging plant-based diets and sustainable food choices also help the market grow. The demand for pea protein in Japan is further bolstered by consumers' growing preference for clean-label and non-GMO foods. The growing desire for plant-based diets and functional foods is one of the main drivers propelling the pea protein market in Japan. Pea protein is being used more often in food products as a result of consumers' growing need for baked goods, snacks, and drinks that are higher in protein. Demand for pea protein in meat substitutes such burgers, sausages, and nuggets has increased due to the growing plant-based meat sector, which is being driven by ethical and environmental concerns.

Restraining Factors

The Japanese pea protein market has a number of obstacles in spite of its expansion. Pea protein is more costly than other plant-based substitutes like soy because of high production costs and a lack of domestic pea cultivation, which increases dependency on imports.

Market Segmentation

The Japan pea protein market share is classified into processing method and form.

• The dry processing segment is expected to hold a significant market share through the forecast period.

The Japan pea protein market is segmented by processing method into dry processing and wet processing. Among these, the dry processing segment is expected to hold a significant market share through the forecast period. Dry processing separates the protein and starch fractions from whole or dehulled peas by drying, grinding, and milling them. To do this, the components are sorted according to their mass and particle sizes utilizing air streams.

• The solid segment is expected to dominate the Japan pea protein market during the forecast period.       

Based on the form, the Japan pea protein market is divided into solid and liquid. Among these, the solid segment is expected to dominate the Japan pea protein market during the forecast period. Low bulk weight, simplicity of use, application diversity, increased stability, and the possibility of high production rates are the reasons for this segment's significant market share.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan pea protein market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Roquette Frères
• Cosucra Groupe Warcoing
• Shandong Jianyuan Foods Co., Ltd.
• Emsland Group
• Axiom Foods, Inc.
• Burcon NutraScience Corporation
• Ingredion Incorporated
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

• This study forecasts revenue at Japan, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Japan Pea protein Market based on the below-mentioned segments

Japan Pea Protein Market, By Processing Method

• Dry Processing
• Wet Processing

Japan Pea Protein Market, By Form

• Solid
• Liquid