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According to Meticulous Research®, the global pea protein isolate market is projected to experience significant growth in the coming years. Valued at $542.9 million by 2029, the market is expected to grow at a compound annual growth rate (CAGR) of 16.4% from 2022 to 2029. In terms of volume, the market is set to reach 135.2 thousand metric tons (MT), growing at a CAGR of 13.8% during the same period.

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Key Drivers and Growth Opportunities
The surge in the pea protein isolate market is driven by several factors:

Rising Awareness of Plant-Based Nutrition: Increasing consumer awareness regarding the health benefits of plant-based diets.
Organic Ingredients in F&B Sector: Growing importance of organic ingredients in food and beverages.
Expansion of Plant-Based Food Market: A booming market for plant-based foods, particularly among health-conscious consumers.
Nutritional Benefits of Pea Protein: Recognized benefits such as digestive health, cholesterol control, and blood sugar regulation.
Emerging markets also present significant opportunities for growth, although the preference for animal-based proteins remains a notable challenge.

Market Segmentation Insights
By Source:

Yellow Peas: Dominating the market with the largest share in 2022 due to high protein content and health benefits. Expected to grow at the highest CAGR.
Green Peas
By Source Process:

Conventional Pea Protein Isolate: Leading due to lower costs, longer shelf life, and variety of crops.
Organic Pea Protein Isolate: Fastest-growing segment driven by clean label trends and increasing organic product sales.
By Processing Method:

Dry Processing: Largest share in 2022 attributed to low capital requirements and reduced resource consumption.
Wet Processing: Expected to grow at the highest CAGR due to higher protein content and purity.
By Form:

Powder: Leading segment in 2022 due to ease of handling, cost-effectiveness, and ingredient stability.
Liquid: Rapid growth anticipated, driven by demand in dairy alternatives and innovative product applications.
By Application:

Nutrition & Health Supplements: Largest share in 2022 due to health trends and nutritional benefits.
Meat & Alternative Meat Products: Fastest-growing segment, propelled by increasing veganism and new product launches.
Regional Insights
North America: Largest market share in 2022, driven by a robust food and beverage industry, increasing vegan population, and high demand for meat alternatives.
Asia-Pacific: Highest CAGR expected, due to growing awareness of protein-rich diets, a booming food and beverage industry, and a large vegan population.
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Leading Market Players
Prominent players in the global pea protein isolate market include: Roquette Frères Le Romain (France), AGT Food and Ingredients Inc. (Canada), Cargill, Incorporated (U.S.), Ingredion Incorporated (U.S.), Archer-Daniels-Midland Company (U.S.), E.I. Dupont De Nemours and Company (U.S.), Glanbia Plc. (Ireland), Cosucra Groupe Warcoing SA (Belgium), Farbest Brands (U.S.), Shandong Jianyuan Foods Co., Ltd. (China), The Emsland Group (Germany), and Nutri-Pea Ltd. (Canada).

This comprehensive market study covers historical data (2020 and 2021), current estimates (2022), and forecasts for 2029, segmented by source, source process, processing method, form, application, and geography. It also includes an analysis of industry competitors and country-level market insights.

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Pharmaceutical Contract Packaging Market by Service (Primary Packaging {Bottle, Vial, Ampoules, Blister Packs}, Secondary Packaging), Material (Plastic, Polymer, Paper, Glass, Aluminum Foil), and Geography – Global Forecast to 2029

The Pharmaceutical Contract Packaging Market is projected to reach $42.03 billion by 2029, at a CAGR of 8.4% from 2022 to 2029. The growth of the pharmaceutical contract packaging market is driven by the growing adoption of smart packaging solutions, stringent regulatory policies concerning serialization regulations, and complex packaging requirements of the pharmaceutical industry. Furthermore, the adoption of postponement packaging to improve operations efficacy is offering market growth opportunities.

Artificial Intelligence in Medical Diagnostics Market By Component (Software, Services), Specialty (Radiology, Cardiology, Neurology, Obstetrics/Gynecology, Oncology), Modality (MRI, CT, X-ray, Ultrasound), End User (Hospital, Diagnostic Center) – Global Forecast to 2029

The Artificial Intelligence in Medical Diagnostics Market is expected to reach $9.38 billion by 2029, at a CAGR of 36.2% from 2022 to 2029. The growth of this market is driven by the growing need for the adoption of AI in medical diagnosis to reduce errors, the shortage of healthcare professionals, and the rising incidence rate of chronic diseases. In addition, the growth potential in emerging economies and the growing number of cross-industry partnerships & collaborations are expected to provide significant growth opportunities for this market.

Sugar-free Products Market by Type (Beverages, Food Products, Tabletop, Others); Sweetening Type (Sugar Substitute-sweetened Sugar-free Products, Naturally Sweetened); Distribution Channel (Supermarkets & Hypermarkets, Others) – Global Forecasts to 2029

The Sugar-free Products Market is Expected to reach $65.31 Billion by 2029 at a CAGR of 6.2% from 2022 to 2029. The growth of this market is driven by factors such as the rising incidence rate of diabetes, the rising demand for low-calorie foods, and sugar taxes imposed on sugary drinks. However, the higher prices of sugar-free products restrain the growth of this market.

Cloud Computing Market by Service Model (Infrastructure as a Service, Platform as a Service, and Software as a Service), Deployment Mode, Organization Size, End User (BFSI, Retail, and Healthcare), and Geography – Global Forecast to 2030

Cloud Computing Market is projected to reach $1,402.7 billion by 2030, at a CAGR of 16.8% from 2023 to 2030. The growth of this market is driven by the increase in adoption of cloud computing services, personalized customer experience, rising demand for AI, and increasing adoption of technologies such as ML and IoT. However, data security & privacy concerns may restrain the market’s growth. The rising government initiatives and consistently rising adoption of cloud computing solutions among businesses are expected to offer significant growth opportunities for the cloud computing market. Furthermore, complexities related to the adoption of the multi-cloud model are expected to pose challenges to the growth of the cloud computing market. The latest trends in the global cloud computing market are cloud gaming and serverless computing.

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