NEW YORK, Jan. 31, 2023 /PRNewswire/ -- The pea protein processing equipment market size is forecast to increase by USD 67.19 million from 2022 to 2027, at a CAGR of 4.65%, according to the recent market study by Technavio. The growth of the market will be driven by the health and nutritional benefits provided by pea protein, the use of pea protein as an ingredient in various food products, and the rising prices of conventional protein sources.
Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download The Sample Report
Technavio has extensively analyzed 15 major vendors, including AKYUREK TECHNOLOGY, Alfa Laval Corporate AB, Alvan Blanch Development Co., Andritz AG, Buhler AG, Erich NETZSCH GmbH and Co. Holding KG, Flottweg SE, GEA Group AG, Hillenbrand Inc., Hosokawa Micron Corp., JK Machinery Sro, John Bean Technologies Corp., Jwala Techno Engineering Pvt. Ltd., Koch Industries Inc., Pollak Sala Sro, Prater Industries Inc., ProEx Food LLC, Satake Corp., SiccaDania AS, Sturtevant Inc., and Zanichelli Meccanica Spa.
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Key Benefits for Industry Players & Stakeholders –
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The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
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It also provides detailed analyses of the market's competitive landscape and vendors' product offerings.
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The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
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Customer Landscape - Analysis of Price Sensitivity, Adoption Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria by Technavio
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One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage.
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Another key aspect is price sensitivity drivers (purchases are undifferentiated, the purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.
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Furthermore, market adoption rates for all regions have been covered.
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The market is segmented by method (wet fractionation and dry fractionation), application (food, healthcare products, and others), and geography (North America, Europe, APAC, Middle East and Africa, and South America).
Segmentation by method (Inclusion/Exclusion)
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The market growth will be significant in the wet fractionation segment during the forecast period. The segment is driven by the increased use of pea protein isolates in various applications such as nutraceuticals, sports nutritional products, and functional foods. The segment is also driven by the increasing demand for various equipment such as milling equipment, steeping tanks, decanters, and dryers in the wet fractionation method.
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What are the key data covered in this pea protein processing equipment market report?
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CAGR of the market during the forecast period
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Detailed information on factors that will drive the growth of the pea protein processing equipment market between 2023 and 2027
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Precise estimation of the size of the pea protein processing equipment market size and its contribution to the market in focus on the parent market
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Accurate predictions about upcoming trends and changes in consumer behavior
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Growth of the pea protein processing equipment market industry across North America, Europe, APAC, Middle East and Africa, and South America
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A thorough analysis of the market's competitive landscape and detailed information about vendors
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Comprehensive analysis of factors that will challenge the growth of pea protein processing equipment market vendors
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The ice cream processing equipment market is estimated to grow at a CAGR of 3.79% between 2022 and 2027. The size of the market is forecast to increase by USD 1,949.64 million. The increase in the number of ice cream parlors is notably driving the market growth, although factors such as the prevailing market for second-hand ice cream processing equipment may impede the market growth.
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The plant-based beverages processing equipment market is estimated to grow at a CAGR of 8.94% between 2022 and 2027. The size of the market is forecast to increase by USD 1,328.36 million. The shelf life extension of food products is notably driving the market growth, although factors such as chances of contamination while filling and packaging may impede the market growth.
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Pea Protein Processing Equipment Market Scope |
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Report Coverage |
Details |
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Page number |
166 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.65% |
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Market growth 2023-2027 |
USD 67.19 million |
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Market structure |
Fragmented |
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YoY growth 2022-2023 (%) |
2.99 |
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Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
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Performing market contribution |
North America at 38% |
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Key countries |
US, China, Japan, UK, and Germany |
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Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
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Key companies profiled |
AKYUREK TECHNOLOGY, Alfa Laval Corporate AB, Alvan Blanch Development Co., Andritz AG, Buhler AG, Erich NETZSCH GmbH and Co. Holding KG, Flottweg SE, GEA Group AG, Hillenbrand Inc., Hosokawa Micron Corp., JK Machinery Sro, John Bean Technologies Corp., Jwala Techno Engineering Pvt. Ltd., Koch Industries Inc., Pollak Sala Sro, Prater Industries Inc., ProEx Food LLC, Satake Corp., SiccaDania AS, Sturtevant Inc., and Zanichelli Meccanica Spa |
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Market dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of contents:
1 Executive Summary
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1.1 Market overview
2 Market Landscape
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2.1 Market ecosystem
3 Market Sizing
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3.1 Market definition
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3.3 Market size 2022
4 Historic Market Size
5 Five Forces Analysis
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5.1 Five forces summary
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5.6 Threat of rivalry
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5.7 Market condition
6 Market Segmentation by Method
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6.1 Market segments
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6.2 Comparison by Method
7 Market Segmentation by Application
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7.1 Market segments
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
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10.1 Market drivers
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10.2 Market challenges
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10.4 Market trends
11 Vendor Landscape
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11.1 Overview
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11.2 Vendor landscape
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11.4 Industry risks
12 Vendor Analysis
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12.1 Vendors covered
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12.3 AKYUREK TECHNOLOGY
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12.6 Andritz AG
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12.7 Buhler AG
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12.8 Flottweg SE
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12.9 GEA Group AG
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12.10 Hillenbrand Inc.
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12.12 JK Machinery Sro
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12.15 Pollak Sala Sro
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12.17 Satake Corp.
13 Appendix
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13.1 Scope of the report
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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