LONDON–(BUSINESS WIRE)–The global pea protein processing equipment market is expected to grow by USD 23.04 million as per Technavio. This marks a significant market slow down compared to the 2019 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. However, steady growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of almost 2%.
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Read the 120-page report with TOC on “Pea Protein Processing Equipment Market Analysis Report by Type (Wet fractionation and Dry fractionation), Geography (North America, Europe, APAC, MEA, and South America), and the Segment Forecasts, 2020-2024”.
The market is driven by the health and nutritional benefits of pea protein. In addition, the expansion of pea protein processing plants is anticipated to boost