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).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.
Global Pea Protein Market Recent Development
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In January 2024, a leading plant-based food manufacturer launched a new range of pea protein-based meat alternatives, marking a significant expansion of pea protein applications in the mainstream food market.
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In June 2021, a major pea protein supplier announced a partnership with a large beverage brand to create a new line of protein-packed drinks, meeting the rising consumer demand for plant-based, nutritious beverages.
Segment Analysis
The market for pea protein has witnessed significant expansion, with forecasts suggesting continued growth. Factors contributing to this expansion include the rising adoption of pea protein in sports nutrition, dietary supplements, and functional food applications. The protein's allergen-free and non-GMO characteristics appeal to health-conscious consumers seeking natural and clean-label products.
Pea protein finds extensive application across various segments such as dietary supplements, bakery products, meat substitutes, beverages, and others. Its versatility in formulations, where it can act as a functional ingredient, binder, or emulsifier, enhances its utility in food manufacturing processes. The demand is particularly strong in sports nutrition due to its high amino acid profile, aiding muscle recovery and growth.
North America and Europe have been leading markets for pea protein, driven by a mature health and wellness trend coupled with strong consumer awareness regarding the environmental impact of food choices. Asia-Pacific is also emerging as a lucrative market, fueled by increasing disposable incomes, changing dietary habits, and a growing inclination towards plant-based diets in countries like China and India.
Despite its growth prospects, the pea protein market faces challenges related to taste and texture improvements to match consumer expectations, as well as competition from other plant-based protein sources like soy and rice proteins. However, ongoing research and development efforts aimed at enhancing the functional properties of pea protein present opportunities for market expansion in both developed and emerging economies.
Global Pea Protein Segment Analysis
In this report, the Global Pea Protein Market has been segmented by Type, Form, Source, Application and Geography.
Global Pea Protein Market, Segmentation by Type
The Global Pea Protein Market has been segmented by Type into Isolates, Concentrates and Textured.
Isolates, a prominent segment within the market, are highly purified forms of pea protein with protein content typically exceeding 90%. They are favored for their neutral taste, good solubility, and versatility in various food and beverage applications, including protein bars, shakes, and meat analogues. The growing popularity of plant-based diets and protein fortification in sports nutrition products are key factors driving the demand for pea protein isolates globally.
Concentrates represent another significant segment in the pea protein market, characterized by a protein content ranging from 60% to 80%. Pea protein concentrates retain more fiber and starch compared to isolates, offering functional benefits like improved texture and moisture retention in food products. This segment finds extensive use in bakery goods, snacks, and pet foods, catering to the increasing consumer preference for natural and sustainable protein sources.
Textured pea protein, although a smaller segment, is gaining traction owing to its ability to mimic the texture and mouthfeel of meat. This makes it a valuable ingredient in plant-based meat alternatives and vegetarian products, addressing the growing demand for sustainable protein sources without compromising on taste or texture.
Global Pea Protein Market, Segmentation by Form
The Global Pea Protein Market has been segmented by Form into Dry and Wet.
In terms of segmentation by form, the global pea protein market is divided into dry and wet forms. Dry pea protein, which includes concentrates, isolates, and textured pea proteins, holds a dominant share due to its versatility in food applications such as bakery, snacks, and beverages. These dry forms are favored for their longer shelf life, ease of storage, and concentrated protein content, making them suitable for a wide range of food formulations.
Wet pea protein, which primarily includes pea protein hydrolysates and extracts, is gaining traction for its application in sports nutrition and dietary supplements. Wet forms are valued for their rapid absorption rate and enhanced digestibility, making them ideal for consumers looking for quick protein supplementation. Moreover, wet forms of pea protein are also utilized in animal feed applications, contributing to the overall growth of the market.
North America and Europe remain key markets for pea protein, driven by robust consumer demand for clean-label and sustainable protein sources. These regions are witnessing increased adoption of pea protein in processed foods and beverages as manufacturers respond to growing consumer demand for plant-based alternatives.
Global Pea Protein Market, Segmentation by Source
The Global Pea Protein Market has been segmented by Source into Split yellow peas, Lentils and Chickpeas.
Among the sources of pea protein, split yellow peas hold a dominant position due to their high protein content and relatively low cost of production. These peas are widely cultivated and processed to extract protein isolates and concentrates, which are favored for their neutral taste profile and versatility in food applications. The growing preference for gluten-free and allergen-friendly protein sources has further bolstered the demand for split yellow pea protein in various food and beverage products.
Lentil-derived pea protein is gaining traction owing to its nutritional profile and sustainability benefits. Lentils are rich in essential amino acids and are considered environmentally friendly due to their lower carbon footprint compared to animal-based proteins. The market for lentil-based pea protein is expanding as food manufacturers seek to cater to the rising vegan and vegetarian consumer base, who prioritize plant-based dietary options.
Chickpea-based pea protein is emerging as a viable alternative in the market, driven by the popularity of chickpeas in global cuisine and their nutritional benefits. Chickpeas are known for their high fiber content and are increasingly being utilized to produce protein isolates and concentrates suitable for various food applications. The versatility of chickpea protein in formulating plant-based meat substitutes, dairy alternatives, and sports nutrition products is contributing to its adoption across the food industry.
Global Pea Protein Market, Segmentation by Application
The Global Pea Protein Market has been segmented by Application into Meat substitutes, Performance nutrition, Functional foods, Snacks, Beverages, Bakery products and Confectionery.
Meat Substitutes constitute a significant segment within the pea protein market, owing to the growing trend of vegetarianism and veganism worldwide. Pea protein's ability to mimic the texture and taste of meat makes it a preferred choice for manufacturers developing plant-based burgers, sausages, and other meat alternatives. This segment is expected to continue growing as consumers seek healthier and more sustainable protein sources.
Performance Nutrition is another key application area for pea protein, particularly among athletes and fitness enthusiasts. Pea protein's rich amino acid profile, including high levels of branched-chain amino acids (BCAAs), makes it ideal for muscle recovery and strength-building supplements. The demand for plant-based protein powders in sports nutrition is on the rise, driving the market forward.
Functional Foods incorporating pea protein are gaining traction due to their health-promoting properties. These foods are fortified with pea protein to enhance nutritional content, offering benefits like improved satiety, weight management, and cardiovascular health. As consumers become more health-conscious, the demand for functional foods with added plant-based proteins continues to grow.
Snacks, Beverages, Bakery Products, and Confectionery also utilize pea protein to enrich their nutritional profiles without compromising on taste or texture. Pea protein isolates and concentrates are increasingly used in snacks like protein bars, energy drinks, gluten-free bakery items, and protein-enriched chocolates. This diversification across various food and beverage categories underscores the versatility and market potential of pea protein.
Global Pea Protein Market, Segmentation by Geography
In this report, the Global Pea Protein Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Pea Protein Market Share (%), by Geographical Region, 2024
North America dominates the pea protein market, attributed to high consumer awareness regarding health benefits associated with plant-based diets. The region's robust food and beverage industry, coupled with the presence of key market players focusing on product innovations and expansions, further contributes to market growth. The United States particularly leads in consumption and production, driven by the increasing adoption of pea protein in snacks, beverages, and dietary supplements.
Europe follows North America in market share, characterized by the rapid adoption of plant-based diets and stringent regulations favoring sustainable food production. Countries like Germany, France, and the UK are key contributors to the regional market growth, supported by growing investments in pea protein processing facilities and increasing consumer demand for clean-label and organic food products.
The Asia Pacific region is witnessing significant growth in the pea protein market, driven by shifting dietary preferences towards healthier alternatives and rising disposable incomes. Countries such as China, Japan, and India are key markets due to the expanding vegan population and increasing consumer awareness regarding protein-rich diets. Moreover, technological advancements in food processing and growing investments by major players are expected to further boost market growth in the region.
Middle East and Africa, along with Latin America, represent emerging markets for pea protein, driven by increasing health consciousness and rising disposable incomes. The market growth in these regions is supported by expanding retail infrastructure, growing urbanization, and rising consumer preference for plant-based protein products. Key players are focusing on expanding their distribution networks and launching region-specific products to capitalize on the growing demand.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Pea Protein Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers
- Plant-based diets
- Health consciousness
- Clean-label trend
- Allergen-free alternative
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Rising vegan population: The global pea protein market is experiencing significant growth, driven largely by the rising vegan population and increasing consumer awareness about health and sustainability. Pea protein, derived from yellow peas, has gained popularity as a plant-based protein alternative to animal-derived proteins like whey and casein. It offers several nutritional benefits, including high protein content, amino acid profile, and easy digestibility, making it suitable for a wide range of dietary needs and preferences.
One of the key factors propelling the market is the growing adoption of vegan and vegetarian diets worldwide. As consumers become more conscious of their dietary choices and their impact on the environment, they are increasingly opting for plant-based proteins like pea protein. Moreover, the versatility of pea protein in various applications, such as sports nutrition, dietary supplements, bakery products, and beverages, further expands its market potential. Manufacturers are also innovating to enhance the functional properties of pea protein, improving its solubility, texture, and taste, which in turn drives its incorporation into a broader array of food and beverage products. As these trends continue to evolve, the global pea protein market is poised for robust growth in the coming years.
Restraints
- Flavor challenges
- Price volatility
- Supply chain limitations
- Processing complexities
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Competition from soy protein: The global pea protein market has been witnessing significant growth, driven by increasing consumer preference for plant-based protein sources and growing awareness about the health benefits associated with pea protein. Pea protein is derived from yellow split peas and is valued for its high protein content, typically ranging from 80% to 85%. It is considered a sustainable alternative to animal-based proteins and is widely used in food and beverage applications such as supplements, meat alternatives, bakery products, and beverages.
One of the key factors fueling the growth of the pea protein market is its allergen-free and non-GMO nature, appealing to consumers with dietary restrictions or preferences. Moreover, advancements in processing technologies have enhanced the functional properties of pea protein, making it more suitable for a variety of food formulations. In addition to its nutritional benefits, pea protein is gaining traction among manufacturers due to its clean label appeal and versatility in formulation, supporting the broader trend towards cleaner and simpler ingredient lists in food products. As competition from other plant-based proteins like soy continues to intensify, differentiation strategies such as organic certifications, sustainable sourcing practices, and product innovation will be crucial for companies aiming to capture a larger share of the global pea protein market.
Opportunities
- Functional food applications
- Sports nutrition demand
- Emerging markets growth
- Sustainable sourcing practices
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Product innovation opportunities: In the rapidly expanding landscape of plant-based proteins, the Global Pea Protein Market presents promising avenues for product innovation and growth. Pea protein, derived from yellow peas, has gained traction primarily due to its nutritional benefits and versatility across various applications. It is widely recognized for its high protein content, hypoallergenic nature, and suitability for vegan and vegetarian diets. As consumer awareness of health and sustainability grows, pea protein's appeal has extended beyond traditional dietary supplements to include food and beverage formulations, sports nutrition products, and even pet food.
One of the key opportunities in this market lies in enhancing the functional properties of pea protein. Innovations aimed at improving solubility, texture, and taste can broaden its applications in beverages, baked goods, dairy alternatives, and meat analogs. Additionally, there is significant potential in developing pea protein isolates with higher protein content and lower allergenicity profiles to cater to specialized dietary needs. Furthermore, leveraging pea protein's sustainable profile—low carbon footprint and minimal water usage compared to animal proteins—can resonate with environmentally conscious consumers and bolster market penetration globally. Overall, the Global Pea Protein Market is ripe for innovation across formulation, sustainability, and expanding application horizons.
Competitive Landscape Analysis
Key players in Global Pea Protein Market include:
- ROUQUETTE FRERES
- INGREDION INCORPORATED
- PURIS
- EMSLAND GROUP
- FENCHEM INC.
- DUPONT
- A&B INGREDIENTS
- GLANBIA PLC
- THE SCOULAR COMPANY
- AXIOM FOODS INC
- BURCON NUTRASCIENCE CORP
- COSUCRA GROUPE WARCOING
- SOTEXPRO
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Form
- Market Snapshot, By Source
- Market Snapshot, By Application
- Market Snapshot, By Region
- Global Pea Protein Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Plant-based diets
- Health consciousness
- Clean-label trend
- Allergen-free alternative
- Rising vegan population
- Restraints
- Flavor challenges
- Price volatility
- Supply chain limitations
- Processing complexities
- Competition from soy protein
- Opportunities
- Functional food applications
- Sports nutrition demand
- Emerging markets growth
- Sustainable sourcing practices
- Product innovation opportunities
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Pea Protein Market, By Type, 2021 - 2031 (USD Million)
- Isolates
- Concentrates
- Textured
- Global Pea Protein Market, By Form, 2021 - 2031 (USD Million)
- Dry
- Wet
- Global Pea Protein Market, By Source,2021 - 2031 (USD Million)
- Split yellow peas
- Lentils
- Chickpeas
- Global Pea Protein Market, By Application, 2021 - 2031 (USD Million)
- Meat substitutes
- Performance nutrition
- Functional foods
- Snacks
- Beverages
- Bakery products
- Confectionery
- Global Pea Protein Market, By Geography,2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Pea Protein Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- ROUQUETTE FRERES
- INGREDION INCORPORATED
- PURIS
- EMSLAND GROUP
- FENCHEM INC.
- DUPONT
- A&B INGREDIENTS
- GLANBIA PLC
- THE SCOULAR COMPANY
- AXIOM FOODS INC
- BURCON NUTRASCIENCE CORP
- COSUCRA GROUPE WARCOING
- SOTEXPRO
- Company Profiles
- Analyst Views
- Future Outlook of the Market