Market Share of China Pea Protein Industry
The China pea protein market is fragmented, with various national and international players participating in the market share. The major players in this market are Archer Daniels Midland Company, International Flavours & Fragrances Inc., Ingredion Incorporated, Kerry Group PLC, and Yantai Shuangta Food Co. Ltd. The demand for plant-based ingredients is growing in the region due to consumers' increasing demand for vegan and plant-based foods and market players are engaged in mergers and acquisitions to strengthen their portfolios and innovate new products in partnership with other market players. They are keen on investing in research and developmental activities to innovate with pea protein ingredients and emerge as a top player in the market.
China Pea Protein Market Leaders
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Archer Daniels Midland Company
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Ingredion Incorporated
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Kerry Group PLC
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Yantai Shuangta Food Co. Ltd
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International Flavours & Fragrances Inc.
*Disclaimer: Major Players sorted in no particular order