Global Pea Milk Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Vanilla, Mango, Chocolate, and Others.

By Packaging Types;

Bottles and Carton.

By Distribution Channel;

Retail Stores, Supermarkets/Hypermarkets, E-commerce, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn001077944 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Pea Milk Market (USD Million), 2021 - 2031

In the year 2024, the Global Pea Milk Market was valued at USD 139.84 million. The size of this market is expected to increase to USD 290.33 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 11.0%.

Pea milk, a plant-based alternative to dairy milk, is gaining popularity among consumers seeking lactose-free, vegan, and environmentally sustainable options. Made from yellow peas, pea milk offers a creamy texture and a mild, slightly nutty flavor. It is rich in protein, comparable to dairy milk, and often fortified with vitamins like D and B12. This milk alternative is also low in saturated fat and typically free from common allergens like soy and nuts, making it suitable for a wide range of dietary preferences.

Pea milk's market growth is driven by increasing health consciousness among consumers, growing vegan population, and concerns over environmental sustainability associated with traditional dairy farming. As consumers become more aware of the benefits of plant-based diets, pea milk has emerged as a viable option, appealing to both health-conscious individuals and those with lactose intolerance or allergies.

The global pea milk market is witnessing significant expansion, supported by innovations in processing techniques and product formulations aimed at enhancing taste and nutritional profiles. Market players are increasingly focusing on expanding distribution channels and launching new flavors to cater to diverse consumer preferences.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Packaging Types
    3. Market Snapshot, By Distribution Channel
    4. Market Snapshot, By Region
  4. Global Pea Milk Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Health consciousness
        2. Vegan lifestyle
        3. Environmental sustainability
        4. Allergen-free option
      2. Restraints
        1. Taste preferences
        2. Price competitiveness
        3. Limited awareness
        4. Supply chain issues
      3. Opportunities
        1. Emerging markets
        2. Product innovation
        3. Retail expansion
        4. Functional ingredients
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Pea Milk Market, By Product Type, 2021 - 2031 (USD Million)
      1. Vanilla
      2. Mango
      3. Chocolate
      4. Others
    2. Global Pea Milk Market, By Packaging Types, 2021 - 2031 (USD Million)
      1. Bottles
      2. Carton
    3. Global Pea Milk Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Retail Stores
      2. Supermarkets/Hypermarkets
      3. E-commerce
      4. Others
    4. Global Pea Milk Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Ripple Foods
      2. Mooala Brands
      3. Sproud AB
      4. Forager Project
      5. Earth's Own Food Company
      6. Califia Farms
      7. The Mighty Society
      8. Elmhurst 1925
      9. Bolthouse Farms
      10. Happy Planet Foods
  7. Analyst Views
  8. Future Outlook of the Market