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

By Type;

Isolates, Concentrates and Textured.

By Form;

Dry and Wet.

By Source;

Split yellow peas, Lentils and Chickpeas.

By Application;

Meat substitutes, Performance nutrition, Functional foods, Snacks, Beverages, Bakery products and Confectionery.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn115366350 Published Date: March, 2025 Updated Date: April, 2025

Introduction

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

In the year 2024, the Global Pea Protein Market was valued at USD 714.19 million. The size of this market is expected to increase to USD 1,840.44 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 14.5%.

The global pea protein market has been experiencing significant growth due to increasing consumer preference for plant-based protein sources and rising demand for vegan and vegetarian food products. Pea protein, derived from yellow peas, offers a high nutritional profile, including essential amino acids, which makes it a popular choice among health-conscious consumers.

One of the key drivers for the market's expansion is the growing awareness regarding the health benefits associated with pea protein. It is known for its hypoallergenic properties, making it suitable for individuals with allergies to dairy or soy. Moreover, pea protein is gluten-free and non-GMO, aligning with the clean label trend in the food and beverage industry.

The food and beverage sector represents a major application area for pea protein, where it is used in a variety of products such as plant-based beverages, meat alternatives, bakery goods, and nutritional supplements. With the rising trend towards plant-based diets, pea protein serves as a sustainable alternative to animal-derived proteins, contributing to its market growth.

North America and Europe have been prominent regions driving the demand for pea protein, owing to the strong consumer preference for natural and organic food ingredients. Asia-Pacific is also emerging as a lucrative market, fueled by increasing urbanization, rising disposable incomes, and a growing awareness of health and wellness.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Form
    3. Market Snapshot, By Source
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Global Pea Protein Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Plant-based diets
        2. Health consciousness
        3. Clean-label trend
        4. Allergen-free alternative
        5. Rising vegan population
      2. Restraints
        1. Flavor challenges
        2. Price volatility
        3. Supply chain limitations
        4. Processing complexities
        5. Competition from soy protein
      3. Opportunities
        1. Functional food applications
        2. Sports nutrition demand
        3. Emerging markets growth
        4. Sustainable sourcing practices
        5. Product innovation opportunities
    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 Protein Market, By Type, 2021 - 2031 (USD Million)
      1. Isolates
      2. Concentrates
      3. Textured
    2. Global Pea Protein Market, By Form, 2021 - 2031 (USD Million)
      1. Dry
      2. Wet
    3. Global Pea Protein Market, By Source,2021 - 2031 (USD Million)
      1. Split yellow peas
      2. Lentils
      3. Chickpeas
    4. Global Pea Protein Market, By Application, 2021 - 2031 (USD Million)
      1. Meat substitutes
      2. Performance nutrition
      3. Functional foods
      4. Snacks
      5. Beverages
      6. Bakery products
      7. Confectionery
    5. Global Pea Protein 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. ROUQUETTE FRERES
      2. INGREDION INCORPORATED
      3. PURIS
      4. EMSLAND GROUP
      5. FENCHEM INC.
      6. DUPONT
      7. A&B INGREDIENTS
      8. GLANBIA PLC
      9. THE SCOULAR COMPANY
      10. AXIOM FOODS INC
      11. BURCON NUTRASCIENCE CORP
      12. COSUCRA GROUPE WARCOING
      13. SOTEXPRO
  7. Analyst Views
  8. Future Outlook of the Market