Global Pea Protein
Market Report
2024
The global Pea Protein market size is USD 2.2 billion in 2024. The Pea Protein market will show strongest growth with a compound annual growth rate (CAGR) of 12.1% from 2024 to 2031. This growth can be attributed to an increase in the demand for gluten-free culinary products.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Pea Protein market size is USD 2.2 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 12.1% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Pea Protein Market Sales Revenue 2024 | $ 2.2 Billion |
Market Split by Type |
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Market Split by Application |
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Market Split by Form |
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Market Split by Source |
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Market Split by Processing Method |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Pea Protein industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Pea Protein Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Yellow peas, also known as Pisum sativum, are the primary source of pea protein, a plant-based protein. In particular, it is gaining popularity as a substitute for animal-based protein molecules, such as whey and casein, among vegetarians, vegans, and individuals with specific dietary restrictions, such as lactose intolerance. A concentrated protein powder is produced by extracting the protein from the fiber and carbohydrate components of the pea through a mechanical process. From a nutritional standpoint, pea protein is highly regarded for its well-balanced amino acid profile, which includes amino acids that are vital such as lysine and branched-chain amino acids (BCAAs) that are essential for muscle repair and growth. It is typically deficient in methionine; however, this can be ameliorated by incorporating it with additional sources of protein, such as quinoa or rice.
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In October 2021, Puris Protein LLC has established an additional manufacturing plant in Dawson, Minnesota, United States, which has increased the production capacity of this protein by more than twofold. The facility was converted from an existing dairy plant and is anticipated to generate approximately 100 new employment opportunities. (Source:https://blog.puris.com/new-puris-pea-processing-plant-in-dawson-mn)
Top Companies Market Share in Pea Protein Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 and attributed for around 40% of the global revenue. The regional market is attributed to be driven by the Sports Nutrition Industry's robust growth, the growing demand for gluten-free products, and the growing concerns with regard to cardiovascular diseases (CVDs) caused by red meat consumption in North America over the forecast period. Due to the increasing prominence of energy bars, cold cereals, and nibbles, the protein (pea) industry in North America is expected to expand significantly during the forecast period.
Asia-Pacific stands out as the fastest-growing region in the Pea Protein market as a result of the substantial number of individuals who exercise in India, China, and Indonesia, they are increasingly choosing pea protein products because of their reduced calorie and fat content in comparison to animal-based proteins.
The current report Scope analyzes Pea Protein Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Pea Protein Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Pea Protein Industry growth. Pea Protein market has been segmented with the help of its Type, Application Form, and others. Pea Protein market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Pea Protein market.
Type Segment analysis of Pea Protein industry helps to understand the different components, trends, and consumer preferences within the industry. The F&B industry encompasses various products, from fresh produce to processed foods, beverages, and others. This diversity allows for creativity and innovation in product development. This chapter offers revenue share analysis of Pea Protein market at global as well as regional level. This detailed analysis helps to understand the specific needs of different customers. Moreover, it can help to make key decisions about product development, pricing strategies, and market positioning.
Type of Pea Protein analyzed in this report are as follows:
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This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Pea Protein from 2019 to 2031. This will also help to analyze the demand for Pea Protein across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Application of Pea Protein are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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According to cognitive market research, dry form is the dominant category. The pulverized form of dry pea protein simplifies formulation processes, guaranteeing consistent distribution and precise measurement in beverages and food products. This consistency in formulation ensures that the product quality meets the expectations of consumers for reliable and pleasurable products. Furthermore, the decreased water content of dry pea protein results in a lighter weight and lower volume, which in turn reduces the cost of shipping for both producers and consumers.
Research Analyst at Cognitive Market Research
I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.
Nisha Deore is a highly skilled Research Analyst with over three years of experience specializing in the agriculture and food & beverage sectors. Her expertise encompasses secondary research, data mining, competitive analysis, and the development of detailed collateral and PR materials. Known for her meticulous approach, Nisha designs robust research methodologies and delivers actionable insights that support her organization’s commercial and financial objectives.
In her current role, Nisha manages research for both the agriculture and food & beverage categories, leading initiatives to uncover market opportunities and enhance competitive positioning. Her strong analytical skills and ability to provide clear, impactful findings have been crucial to her team’s success. With a deep passion for both sectors and a commitment to continuous professional development, Nisha remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Pea Protein Market is witnessing significant growth in the near future.
In 2023, the Isolates segment accounted for noticeable share of global Pea Protein Market and is projected to experience significant growth in the near future.
The Food segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Roquette Frères (France) , Incorporated (US) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Isolates, Concentrates, Textured |
Application | Food, Beverage, Other Applications |
Form | Dry, Wet |
Source | Chickpeas, Yellow Split Peas, Lentils |
Processing Method | Dry processing method, Wet processing method |
List of Competitors | Roquette Frères (France), Cargill, Incorporated (US), Glanbia PLC (Ireland), Kerry (Ireland), Ingredion Incorporated (US), Emsland Group (Germany), Yantai Shuangta Foods Co, Ltd (China), The Scoular Company (US), Burcan Nutrascience Corp (Canada), Shandong Jianyuan Group (China), ET-Chem (China), AGT Foods and Ingredients (Canada), The Green Labs LLC (US), Axiom Foods INC (US) |
This chapter will help you gain GLOBAL Market Analysis of Pea Protein. Further deep in this chapter, you will be able to review Global Pea Protein Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Pea Protein Market Trends North America Pea Protein Technological Road Map North America Pea Protein Market Drivers North America Pea Protein Market Restraints North America Pea Protein Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
You can purchase only the Executive Summary Middle East and Africa Market (2019 vs 2024 vs 2031)
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Form Analysis 2019 -2031
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Chapter 13 Market Split by Source Analysis 2019 -2031
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Chapter 14 Market Split by Processing Method Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Pea Protein market
Chapter 15 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Isolates have a significant impact on Pea Protein market? |
What are the key factors affecting the Isolates and Concentrates of Pea Protein Market? |
What is the CAGR/Growth Rate of Food during the forecast period? |
By type, which segment accounted for largest share of the global Pea Protein Market? |
Which region is expected to dominate the global Pea Protein Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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