Agricultural Adjuvants Market Will Hit Big Revenues In Future

The agricultural adjuvants market size is estimated to be valued at USD 3.7 Billion in 2022 and is projected to reach USD 4.7 Billion by 2027, recording a CAGR of 5.2% during the forecast period in terms of value. Due to high adoption rate of sustainable agricultural practices in North America and European regions, the demand for agricultural adjuvants is substantially increasing.

 

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1240

 

Key players in this market include Corteva Agriscience (US), Evonik Industries (Germany), Croda International (UK), Nufarm (Australia), Solvay (Belgium), BASF SE (Germany), Huntsman Corporation (US), Clariant AG (Switzerland), Helena Agri-Enterprises LLC (US), Stepan Company (US), Adjuvant Plus Inc., (Canada), Wilbur-Ellis Company (US), Brandt, Inc. (US), Plant Health Technologies (US), Innvictis Crop Care LLC (US), Miller Chemical and Fertilizer, LLC (US), Precision Laboratories, LLC (US), CHS Inc. (US), WinField United (US), Kalo Inc. (US), Nouryon (Netherlands), Interagro Ltd. (UK), Lamberti S.P.A (Italy), GarrCo Products, Inc. (US), Drexel Chemical Company (US), and Loveland Products Inc. (US).

 

The existing players in the agricultural adjuvants market are focused on improving their market shares while new startups are being established rapidly. The top players in the market have been focusing on expanding their market presence, enhancing their solutions, and partnering with many channel partners and technology companies to cater to consumers across the globe. The agricultural adjuvants market has many organized players at the global level and unorganized players at the local level in several countries. The top ten players in the industry have the majority of the market share. Furthermore, for new entrants, the entry barrier is too high as, this industry requires innovations in formulation of new agrochemical adjuvant products in order to stand out in the global market.

 

BASF SE is one of the top players in agricultural adjuvants market in 2022. It is a chemical manufacturing company operating in the market segments of chemicals, performance products, functional materials & solutions, agricultural solutions, and oil & gas. Since January 1, 2019, BASFs activities were bifurcated into six segments—chemicals, materials, industrial solutions, surface technologies, nutrition & care, and agricultural solutions. Some of the subsidiaries of BASF include Wintershall (Germany), Engelhard Corporation (US), PCI Augsburg GmbH (Germany), and Watson Bowman ACME (US). The company is currently focused in introducing new products in the agricultural adjuvants market. For instance, in March 2022, BASF launched an innovative product called Vesnit® Complete, an in-formulation adjuvant, which is a combination of two different modes of action i.e., Topramezone & Atrazine, and an inbuilt adjuvant which makes it unique in effectively controlling grasses & broadleaf weeds for longer duration.

 

Clariant AG develops, manufactures, distributes, and sells a wide range of specialty chemicals. It operates through four business segments such as care chemicals, catalysis, natural resources, and plastics & coatings. The company offers adjuvants through its care chemicals segment. It offers various types of surfactants for crop care and personal care formulations. The company is focused in acquiring and expanding its production across the globe. For instance, in September 2020, the Company, through its subsidiaries in Mexico, acquired Clariant (Mexico) S.A. de C.V.’s (Clariant) anionic surfactant business located in Santa Clara, Mexico. The acquisition did not include the purchase of a manufacturing site. And in May 2020, Clariant increased its production capacities at the European and US units, which will facilitate the company to fulfil the rising demands for the same in the countries.

 

Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=1240

 

North America is the leading consumer of pesticides due to the high regulatory compliance requirements for pesticide application. As the adoption rate of agricultural adjuvants in these countries remains high, North America dominated the market in 2021. This market is also projected to witness a steady demand during the forecast period.

 

Since the number of bans on the usage of chemical pesticides in European countries is increasing, the market for agricultural adjuvants is projected to grow at a sluggish rate in this region compared to other regions. On the other hand, with increasing investments in the expansion of production facilities in the Asia Pacific, the market in this region is projected to witness exponential growth during the forecast period.

Soil Conditioners Market: Growth Opportunities and Recent Developments

The global soil conditioners market is estimated to be valued at USD 1.7 billion in 2020 and is projected to reach USD 2.5 billion by 2025, recording a CAGR of 8.3%. The market has high growth potential in emerging markets, such as Asia Pacific, South America, and Rest of the World (RoW), as these regions are backed by an expanding population base leading to an increased demand for agriculture crops in the region. Countries such as China and India are expected to be key revenue generators since these countries are among the leading producers of crops such as rice and wheat at a global level. Apart from this, in South America, Brazil is ranked among the leading producers of crops such as sugarcane, corn, and soybean. These countries are expected to create a lucrative opportunity for soil conditioner manufacturers in the years to come.

 

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=171774013

 

By type, the soil conditioners market is segmented into surfactants, gypsum, super absorbent polymers, and other types. The surfactant type accounted for a larger share during the forecast period. Surfactants are chemical substances that increase the function of penetration of an agrochemical by lowering its surface tension. They are also termed as soil wetting agents. The increased demand for crops in developing countries such as India, China, and Brazil is expected to drive demand for surfactants in the years to come. These countries are key producers of various crops, and with the rise in population, the demand for crops is only expected to increase in the years to come.

 

On the basis of soil type, the soil conditioners market is segmented into sand, clay, silt, and loam. Loamy soil finds its applications in gardening and agricultural purposes, owing to its water-retention capacity. This soil is suitable for most crops and vegetables. It has a high calcium content and a high aeration capacity. It is widely available across regions, due to which this segment is projected to be growing at a faster rate during the forecast period.

 

Based on formulation, the soil conditioners market is segmented into dry and liquid. The liquid segment is projected to witness faster growth during the forecast period. The liquid forms are applied on a volume basis rather than a weight basis. The liquid form provides various options for crop growers to mix soil conditioners with insecticides, fungicides, or adjuvants. Compared to the dry form, little quantity of liquid soil conditioners is enough to cover larger crop areas, making it a preferable choice among farmers.

 

By crop type, the soil conditioners market is segmented into cereals & grains, oilseeds & pulses, fruits & vegetables, and other crop types. The fruits & vegetables segment is projected to witness a faster growth during the forecast period. According to the FAO, in 2017-18, India was the second-largest producer of fruits & vegetables at a global level, accounting for a share of 8.6% of the total global production. Thus, the country is expected to be one of the key revenue generators for soil conditioner manufacturers in the years to come.

 

Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=171774013

 

The market in South America is projected to drive market growth during the forecast period, in terms of value. South American countries have agricultural hubs such as Brazil, Argentina, and Chile, which contribute to the major farm outputs in the region. Brazil is the largest producer of soybean in the region as well at a global level. It is also the largest producer of other crops such as sugarcane and other key crops at a global level. The farmers in the region have largely adopted the use of liquid soil conditioners and wetting agents, as they are easy to apply, do not require much labor, and increase the yield. The availability of arable land and the expansion of farmlands, especially in Brazil, Argentina, and Chile, promise the growth of this market. Moreover, the need to improve the per hectare crop yield is another opportunity for the growth of the soil conditioners market in South America.

 

Key players such as BASF (Germany) and UPL (India) in the soil conditioners market are focusing on new product launches and acquisitions to expand their global footprint.

Factors Driving the Lycopene Market

The lycopene market is estimated to be valued at USD 126 million in 2020 and is projected to reach USD 161 million by 2025, at a CAGR of 5.0% during the forecast period. The increasing number of benefits offered by lycopene in preventive healthcare and its rising applications in an array of industries across the globe is projected to exponentially grow the lycopene market in the coming years.

 

Download PDF Brochure @
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=104131737

 

Lycopene is a carotenoid that gives some fruits and vegetables their red color. Lycopene is majorly present in tomato species known as Solanum lycopersicum, mostly found in Central and South American regions. It is a carotenoid and a phytonutrient substance, and is an essential antioxidant for the human body, which helps in protecting from degenerative diseases. Further, lycopene studies are associated with the prevention of diseases and conditions, including hypothesis, a number of cancers (prostate cancer, digestive tract cancer, bladder cancer, skin cancer, breast cancer, gastric cancer, and cervical cancer), cardiovascular diseases, osteoporosis & other bone disorder, male infertility, hypertension, and other human diseases; it is used in the treatment of various diseases such as human papilloma virus (HPV) infection, asthma, gingivitis, and cataracts, which has resulted in the significant expansion of the lycopene market over the last few years.

 

Lycopene can be sourced from synthetic as well as natural sources, and based on the source, the price and application of lycopene vary. The properties of lycopene are, however, independent of its source. The growing health concerns due to the consumption of synthetic ingredients have been restraining its adoption. Hence, the manufacturers have been shifting their product offering from synthetic sources to naturally extracted ingredients, and this trend has been witnessed to be true in the lycopene market as well.

 

Traditionally, the application of lycopene was limited to its use as a coloring agent. However, multiple clinical studies have proved its antioxidant and anti-inflammatory properties, and hence, the application of lycopene has broadened in multiple application industries. As a result, the application of lycopene has been growing as a health ingredient in the dietary supplement and functional food industries.

 

The lycopene market is growing exponentially in the Asia Pacific region, owing to the established manufacturers and the organized food industry in the region. Although the lycopene market was dominated by Europe, the market in Asia Pacific is projected to witness the highest growth rate due to its large population base and changing food consumption trends in emerging economies. Developing countries such as China, India, Indonesia, and Thailand have shown rapid growth in the dietary supplement and food industries. Also, the application of lycopene in the personal care & cosmetic industry is witnessing growth in these countries due to rising temperature and climatic condition issues, causing the market to grow exponentially.

 

Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=104131737

 

Europe comprises the highest number of the aging population. Italy and Germany collectively comprise 32.1% of the total population aging 65 and above. According to experts in the lycopene industry, lycopene aids in the treatment of cataracts occurring in the older population across the globe. Furthermore, lycopene also exhibits anti-aging properties, aiding in the prevention of wrinkles. Hence, the growing aging population in the region is driving the demand for lycopene due to its distinct functionalities, bolstering Europe’s market share, globally, throughout the forecast period.

Food Encapsulation Market Growth by Emerging Trends, Analysis, & Forecast

The global food encapsulation market is estimated to be valued at USD 10.6 billion in 2021. It is projected to reach USD 15.6 billion by 2026, recording a CAGR of 8.0% during the forecast period. The food encapsulation market is driven by factors such as the growing demand and awareness for value-added products in various areas such as nutrition, food, and healthcare and the growing consumption of packaged food. Encapsulation helps increase the shelf life of packaged foods. Due to the benefits provided by the encapsulation technology in increasing the shelf life and bioavailability of products, the market for food encapsulation is experiencing high growth.

 

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=68

 

Key players in this market include Cargill, Incorporated (US), BASF SE (Germany), DuPont (US), Kerry (Ireland), and DSM (Netherlands).

 

Cargill, Incorporated is involved in the production of various specialty ingredients and other industrial products for various applications. The company operates through four business segments: animal nutrition & protein, food ingredients & applications, origination & processing, and industrial & financial services. Cargill, Incorporated not only provides encapsulated products such as flavors, powders, and starches but also offers technologies for the encapsulation and emulsion of food & beverages. Various types of food ingredients offered by the company include probiotics and protein ingredients, which find applications in the beverage, bakery, dairy, and meat sectors. It offers various ingredients to enhance the appearance, taste, and stability of fresh meat and specialty meat products. In November 2020, Cargill Incorporated is investing USD 100 million in its Indonesian sweetener plant to build a corn wet mill with a starch dryer to increase the production of starches & sweeteners.

 

BASF SE is the largest chemical producer company in the world. The company is segmented into four major categories: chemicals, functional materials & solutions, performance products, and agricultural solutions. The BASF SE Group consists of subsidiaries and joint ventures in more than 90 countries and operates under 355 other production sites in North America, Europe, Asia Pacific, South America, Africa, and the Middle East. BASF SE provides a wide range of encapsulated vitamin products and has a strong base in R&D. The global research divisions of the company are operated from three major regions: Europe, Asia Pacific, and North America. This enables the company to strengthen its product portfolio. In April 2021, BASF SE agreed with Sandoz GmbH, a subsidiary of Novartis, to invest at the Kundl/Schaftenau Campus in Austria. This agreement enables BASF SE to further develop its production footprint for enzymes and biotechnology products.

 

Dupont is an American company formed by the merger of Dow chemical and E.I. du Pont de Nemours and company in 2017. It is one of the leading players in the chemical industry. The company occupies different industries, including synthetic fibers, high-performance materials, specialty chemicals, electronics, biotechnology, and agriculture. The company caters to a wide range of products in numerous end-use industries, such as beverages, bars, bakery, culinary, confectionery, dairy, fruit applications, frozen desserts, meat, poultry & seafood, meat alternatives, oil & fats, and pet food. Encapsulation technology is used by the company to maintain the taste, texture, and flavor of products.

 

DuPont provides a wide range of encapsulated food enzymes for improving freshness, texture; ensuring quality and consistency, as well as reducing costs and optimizing the production of products. These enzymes are provided for various applications, including bakery, brewing, fish processing, meat & culinary processing, and dairy. In December 2019, DuPont merged with IFF; this merger would help DuPont to become a global leader in high-value ingredients and solutions for global food & beverages, home & personal care, and health & wellness markets.

 

Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=68

 

North America dominated the food encapsulation market due to the presence of a large number of players in the region and the growing consumer awareness and demand for functional food products, North America is projected to dominate the food encapsulation market through 2026. Demand for encapsulation is also driven in the region due to its growing use in the development of several products such as functional and fortified food products, packaged products, and nutraceutical products. Most of the key market players have a presence in the region.

Grain Alcohol Market Growth by Emerging Trends, Analysis, & Forecast

The global grain alcohol market size is estimated to be valued at USD 12.2 billion in 2021 and is projected to reach USD 14.9 billion by 2026, recording a CAGR of 4.1% during the forecast period. The global grain alcohol market is witnessing a growth trend due to factors, such as developing economies, increased production of grain alcohol, and growth in consumption of alcoholic beverages. Grain alcohol has various applications in the food, beverage, and pharmaceutical industries.

 

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=8581594

 

Key players are investing in various R&D initiatives globally, which has led to the development of different and innovative grain alcohol products. The key players in this market include ADM (US), Cargill (US), Merck Group (Germany), Roquette Frères (France), MGP Ingredients (US), Cristalco (France), Grain Processing Corporation (US), Wilmar Group (Singapore), Manildra Group (Australia), Glacial Grain Spirits (US).

 

MGP Ingredients is a leading producer and supplier of premium distilled spirits and specialty wheat proteins & starches. The company operates through two segments: food ingredients and distillery products, of which distillery products is the major segment of the company. Under this segment, the company processes corn and other grains to manufacture grain alcohol and distillery co-products such as distillers feed, fuel grade alcohol, and corn oil.

 

ADM (Archer Daniels Midland Company) is one of the world’s largest processors and suppliers of starch and derivatives, which are used for applications such as food, feed, paper, pharmaceuticals, bioethanol, and other industrial applications. It has more than 800 manufacturing facilities across the globe and offers products in more than 200 countries, where cereal grains and oilseeds are processed into products that are used in the food, beverage, nutraceutical, industrial, and feed markets. ADM operates in four business units - Ag services and oilseeds, carbohydrate solutions, nutrition, and other business. Grain alcohol is offered under the carbohydrate solutions segment.

 

Alcohol can be produced by fermenting a sugar-containing mash of fruits such as grapes, berries, and apples. Grapes are the most commonly used raw materials for alcohol fermentation to produce alcoholic beverages such as wine and brandy. Apples and citrus fruits, when added with sufficient fermentable sugars, are crushed and fermented. Their use in production of premium quality alcoholic beverages such as wines, is estimated to increase their usage in the market.

 

Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=8581594

 

The rising consumption of and demand for alcohol has resulted in the use of grain alcohol for beverage applications. In North America, the US is one of the dominant grain alcohol markets. Beer, spirits, and wine are largely consumed alcoholic beverages in this country. The country has no specific law that forbids consumption of alcohol in public but enforces strict laws on age limit for its consumption and purchase. According to the Organisation for Economic Co-operation and Development (OECD), Canada has milder levels of taxation of alcohol at the federal level, but minimum prices and markups are enforced in several provinces, which contribute to raising prices. These trends account for the strong share of the region in global market.

Probiotics in Animal Feed Market Growth Opportunities by 2026

The global probiotics in animal feed market was valued at USD 4.4 billion in 2020. It is estimated to reach about USD 4.8 billion in 2021 and is projected to grow at a CAGR of 8.8%, to reach USD 7.3 billion by 2026. The major drivers of the market include growth in the consumption of animal-based products; growth in feed production; and standardization of meat products, owing to disease outbreaks and the implementation of innovative animal husbandry practices to improve meat quality.

 

 

Download PDF Brochure @
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=85832335

 

Major players in the probiotics in animal feed market include Chr. Hansen (Denmark), Koninklijke DSM N.V. (Netherlands), DowDuPont (US), Evonik Industries (Germany), and Land OLakes (US). Other players include Lallemand (Canada), Bluestar Adisseo Co. (China), Lesaffre (France), Alltech (US), Novozymes (Denmark), Calpis Co., Ltd. (Japan), Schouw & Co. (Denmark), Unique Biotech (India), Pure Cultures (US), Kerry (Ireland), and Mitsui & Co., Ltd. (Japan). These companies have significant growth opportunities in emerging markets such as China, India, South Africa, and South American countries.

 

Expansions and new product launches were the key strategies adopted by the leading players in the Probiotics in animal feed market with a view to improving their product line and presence in the market.

 

Archer Daniels Midland (ADM) (US), is primarily engaged in the production of food ingredients, animal feed & feed ingredients, and biofuels.

 

The company operates through five segments—origination, oilseeds, carbohydrate solutions, nutrition, and others. It offers probiotics in animal feed markets through its nutrition segment. The company engages in the production, sale, and supply of specialty products, including emulsifiers, natural flavor ingredients, natural health and nutrition products, natural colors, flavor systems, proteins, polyols, soluble fiber, hydrocolloids, and other specialty food & feed ingredients. The nutrition segment includes two divisions, namely, wild flavors and specialty ingredients and animal nutrition. Under the nutrition segment, it offers animal nutrition products for livestock, such as poultry, swine, and equine. The company offers animal intestinal enzymes and probiotics under its brand names, such as Inside Tract, and PrimaLac.

 

It operates in more than 170 countries globally and has 44 innovation centers, nearly 500 crop procurement facilities, and 270 food & feed ingredient manufacturing facilities. It operates through its consolidated subsidiaries in 82 countries, with a majority of these subsidiaries being located outside the US.

 

DuPont (US), operates through five business segments, such as nutrition & biosciences, safety & construction, transportation & industrial, electronics & imaging, and non-core. Under its nutrition & biosciences segment, the company provides solutions for the global food and beverage, biomaterials, microbial control, textile processing, fabric and home care, personal care, bioenergy, and animal nutrition markets. It has subsidiaries in nearly 70 countries worldwide and has its manufacturing operations in nearly 40 countries.

 

The company offers intestinal health-related products for livestock species through its nutrition & biosciences segment. The company has initiated the use of biotechnology for improved performance and high functionality of products. DuPont’s broad range of products for dietary supplements, food & beverage industries, and the pet food industry is marketed under the brand name “Danisco.”

 

Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=85832335

 

The growth in population, rise in disposable incomes, rapid urbanization in the Asia Pacific region, and an increase in demand for high-quality meat products are the key factors that have encouraged the demand for feed additives. Substantial growth is witnessed in countries, such as China, India, and Japan, due to the increase in the purchasing power of the population and demand for protein-rich meat diets. Pork and poultry are widely consumed in the Asia Pacific region. Moreover, consumers prefer opting for products that have high nutritional content and offer health benefits and exotic tastes. Thus, fish and other seafood products are also a preferred option for consumers, which is also a growing industry in this region. The presence of a wide range of fishery resources, both freshwater, and marine, is considered a key factor that has encouraged the consumption of seafood products in the Asia Pacific region. There is an increase in consumer demand for fish produced without antibiotics that are environmental-friendly and animal-friendly. This new trend in the aquaculture industry is leading to a change towards sustainable aquaculture production methods, which, in turn, results in an increase in the usage of feed additives, such as probiotics, in feed products. This, in turn, is projected to drive the growth in the probiotics in feed market.

Pea Processed Ingredients Market: Growth Opportunities and Recent Developments

The global pea processed ingredients market is expected to value at USD 3.1 billion in 2021 and is projected to reach nearly USD 5.0 billion by 2026, growing at a CAGR of 10.1% during the forecast period (2021-2026). The market for pea processed ingredients is segmented on the basis of different types, applications, forms, and regions. By different types, the market has been segmented into protein, starch, flour, and fiber. Pea protein is further segmented into isolates, concentrates, and textured. The Pea protein segment dominated the market in 2020 and is expected to display a similar trend in the coming years. This is mainly due to the rising demand for healthier ingredients and awareness of the benefits offered by pea protein. By different applications, the market has been segmented into food, beverage, and others that includes pet food, feed, and industrial. The food segment dominated the market in 2020 owing to the increasing demand for meat and meat substitute products among the population. The food segment is further segmented into meat & meat substitutes, bakery, performance nutrition, functional foods, confectionery, snacks, and other food applications that include pasta, sauce, vermicelli, etc. By different sources, the market has been segmented into yellow split peas, chickpeas, and lentils.

 

 

Download PDF Brochure @
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=22233721

 

The key players in this market include Emsland Group (Germany), DuPont (US), Kerry (Ireland), COSUCRA Groupe Warcoing SA (Belgium), Roquette Frères (France), Vestkorn Milling AS (Norway), Ingredion Incorporated (US), Axiom Foods, Inc (US), Felleskjøpet Rogaland Agder (Norway), AGT Food and Ingredients (Canada), Parrheim Foods (Canada), Puris Foods (US), Meelunie B.V (Netherlands) among others.

Major players in the pea processing ingredients market are mainly focusing on upon rapid investments in the developing economies to grab a greater number of customers in the coming years. Further, the companies are also focusing upon a strategic partnership with the food manufacturers, beverage manufacturers, feed manufacturers, and pet food manufacturers to help them develop products infused with plant based ingredients thereby enhancing the customer base

 

The core strength of the key players identified in this market is their growth strategies such as new product launches, strategic merger and acquisition, certifications, and expansions among others. Undertaking new product launches and expansions have enabled the market players to enhance their presence in the pea processed ingredients market. Some of the key strategies followed by the key players are mentioned below:

 

Coscura Groupe Warcoing SA is keen on focussing a strong geographical reach and well-organized global markets across the world. The company has adopted strategies such as strategic investments and business expansion to establish its presence in the pea processed ingredients market. Further, it is focusing on continuous expansion in the Asia Pacific region, South America and Middle East and Africa. The company has already developed strong partnership with more than 2,000 manufacturers in the food industry for chicory and pea-derived ingredients across the globe.

 

Roquette Freres is focussing on establishing new manufacturing facilities to produce pea based ingredients such as pea protein, starch, fiber and flour to meet the growing demand for plant based ingredients infused in the food and beverage products. The company also focuses on developing new products related to pea processed ingredients, which will strengthen the company’s existing product portfolio. It is also making additional investments to strengthen its position in the pea processed ingredients market.

 

Ingredion Incorporated is focused on strong brand recognition in the plant-based ingredients market. It caters to various business segments and has a strong geographical reach across regions. It holds a significant share of sales in the North American pea processed ingredients market. The company has adopted investments and expansions as a strategy to expand its product portfolio. Rising demand for pea processed ingredients from the pet food industry is resulting to new product developments by Ingredion thereby attracting greater customer attention.

 

Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=22233721

 

Consumers in the North American region are gradually shifting their diet preferences and are going vegan due to the health and wellness benefits associated with it. This paradigm shift in food culture is being supported by health & fitness industries, medical communities, celebrities, and athletes, which has bolstered the demand for pea-based food ingredients. The rising incidences of obesity, cardiovascular diseases, and diabetes among the American population have also prompted consumers to adopt vegan diets.