Pea Protein Market Share, Size, & Latest Trends

Global Pea Protein Market Research Report: Forecast (2024-2030)

By Form (Dry, Liquid), By Type (Isolates, Textured, Concentrates, Others), By Source (Chickpeas, Yellow Split Peas, Lentils), By Application (Performance Nutrition, Meat Substitutes, Functional Foods,... ... s, Functional Foods, Snacks, Bakery Products, Beverages, Confectionery), By Region (North America, South America, Europe, Asia-Pacific, Middle East & Africa), By Company (Rouquette Freres, Ingredion Incorporated, Puris Protein Llc, Fenchem Inc., Dupont, Axiom Foods Inc, Burcon Nutrascience Corp, Cosucra Groupe Warcoing, Sotexpro, Shandong Jianyuan Foods Co., Ltd., Yan Tai Shuang Ta Food Co Ltd., Et-Chem, Agt Foods, The Green Labs Llc, Nutri-Pea Limited etc.) Read more

Food & Beverages
Jun 2023
Pages 211
Report Format: PDF, Excel, PPT

Market Definition

Pea Protein is extracted from yellow peas and used as an alternative to dairy & meat. These proteins are consumed as a substitute for whey protein in various forms like energy drinks, dietary supplements, & protein shakes, among others. Pea protein has different types like isolates, textured, concentrates, etc., in dry or liquid form. These proteins are also used globally as performance nutrition, meat substitutes, functional foods, snacks, bakery products, beverages, & confectionery, among others.

Market Insights & Analysis: Global Pea Protein Market (2024-30)

The Global Pea Protein Market size was valued at around USD 1.4 billion in 2022 and is projected to grow at around 8% CAGR during the forecast period, i.e., 2024-30. The growth of the market is likely to be driven primarily by the mounting food requirements of the exponentially rising population globally, increasing consumer preference toward nutrient-rich food like pea protein for an active lifestyle, and an escalating number of vegan population inclining purely on plant-based food products.

Pea proteins are non-toxic, non-allergic, and easily digestible. Their vast application across the food & beverage sector for manufacturing energy drinks, meat alternatives, dietary supplements, bakery products, etc., are other crucial aspects projected to drive the global market in the coming years. Besides, rising health consciousness & increasing concerns over the cardiological impact of eating red meat shall further fuel the overall market growth in the coming years.

Report Coverage	Details
Study Period	Historical Data: 2019-22
	Base Year: 2023
	Forecast Period: 2024-30
CAGR (2024-2030)	8%
Regions Covered	North America: The US, Canada, Mexico
	Europe: Germany, The UK, France, Italy, Spain, Rest of Europe
	Asia-Pacific: China, India, Japan, South Korea, Australia, Southeast Asia, Rest of Asia-Pacific
	South America: Brazil, Argentina and Others
	Middle East & Africa: The UAE, Saudi Arabia, South Africa, Rest of the Middle East & Africa
Key Companies Profiled	Rouquette Freres, Ingredion Incorporated, Puris Protein Llc, Fenchem Inc., Dupont, Axiom Foods Inc, Burcon Nutrascience Corp, Cosucra Groupe Warcoing, Sotexpro, Shandong Jianyuan Foods Co., Ltd., Yan Tai Shuang Ta Food Co Ltd., Et-Chem, Agt Foods, The Green Labs Llc, Nutri-Pea Limited
Market Value (2022)	USD 1.4 Billion

Global Pea Protein Market Key Trend:

Growing Inclination Toward Healthy Lifestyle - With an escalating number of health problems caused due to improper diets & nutrition, the world is witnessing an increasing shift of the population toward a healthy lifestyle, adopting nutritious dietary habits, etc. Growing awareness about health problems like heart issues, obesity, etc., raising due to excessive meat consumption is encouraging people to consume plant-based food with high nutrition. This, in turn, is augmenting the demand for supplements with pea protein and driving the market through 2030. This trend is swiftly emerging across countries like Germany, the UK, France, Australia, the US, & Canada.

Global Pea Protein Market Key Driver & Opportunity:

Increasing Cases of Lactose Intolerance - Since Pea Protein is a non-allergen component, it also falls under the category of gluten & lactose-free food products. As a result, an escalating number of people suffering from lactose intolerance are opting for pea protein. It is generating immense growth opportunities for the leading players in the Pea Protein Market to bring new products and expand their product portfolio & scalability.

Global Pea Protein Market Research Report (2024-2030) - Table of Contents

Market Segmentation
Introduction
1. Product Definition
2. Research Process
3. Assumptions
Executive Summary
Global Pea Protein Market Patents Analysis
Global Pea Protein Consumer Behavior Analysis
1. Factors Affecting Buying Decision
2. Consumer Trends and Preferences
Global Pea Protein Market Trends & Developments
Global Pea Protein Market Dynamics
1. Growth Drivers
2. Challenges
Global Pea Protein Market Hotspot & Opportunities
Global Pea Protein Market Regulations, Policies, and Standards
Global Pea Protein Market Supply Chain Analysis
Global Pea Protein Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Type
    1. Isolates- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    2. Textured- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    3. Concentrates- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    4. Others (Hydrolyzed, Fermented, etc.) - Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  2. By Form
    1. Dry- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    2. Wet- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  3. By Nature
    1. Organic- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    2. Conventional- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  4. By Source
    1. Chickpeas- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    2. Yellow Split Peas- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    3. Lentils- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  5. By Application
    1. Performance Nutrition- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    2. Meat Substitutes- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    3. Functional Foods- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    4. Snacks- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    5. Bakery Products- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    6. Beverages- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    7. Confectionery- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  6. By Region
    1. North America
    2. South America
    3. Europe
    4. Middle East & Africa
    5. Asia-Pacific
  7. By Competitors
    1. Competition Characteristics
    2. Market Share & Analysis
North America Pea Protein Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Type- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  2. By Form- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  3. By Nature- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  4. By Source- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  5. By Application- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  6. By Country
    1. The US
    2. Canada
    3. Mexico
3. The US Pea Protein Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    2. By Source- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    3. By Application- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
4. Canada Pea Protein Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    2. By Source- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    3. By Application- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
5. Mexico Pea Protein Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    2. By Source- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    3. By Application- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
South America Pea Protein Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Type- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  2. By Form- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  3. By Nature- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  4. By Source- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  5. By Application- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  6. By Country
    1. Brazil
    2. Argentina
    3. Rest of South America
3. Brazil Pea Protein Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    2. By Source- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    3. By Application- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
4. Argentina Pea Protein Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    2. By Source- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    3. By Application- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
Europe Pea Protein Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Type- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  2. By Form- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  3. By Nature- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  4. By Source- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  5. By Application- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  6. By Country
    1. Germany
    2. The UK
    3. France
    4. Italy
    5. Spain
    6. Rest of Europe
3. Germany Pea Protein Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    2. By Source- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    3. By Application- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
4. The UK Pea Protein Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    2. By Source- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    3. By Application- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
5. France Pea Protein Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    2. By Source- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    3. By Application- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
6. Italy Pea Protein Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    2. By Source- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    3. By Application- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
7. Spain Pea Protein Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    2. By Source- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    3. By Application- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
Middle East & Africa Pea Protein Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Type- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  2. By Form- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  3. By Nature- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  4. By Source- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  5. By Application- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  6. By Country
    1. The UAE
    2. Saudi Arabia
    3. South Africa
    4. Rest of the Middle East & Africa
3. The UAE Pea Protein Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    2. By Source- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    3. By Application- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
4. Saudi Arabia Pea Protein Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    2. By Source- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    3. By Application- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
5. South Africa Pea Protein Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    2. By Source- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    3. By Application- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
Asia-Pacific Pea Protein Market Outlook, 2019-2030F
1. Market Size & Analysis
  1. By Revenues (USD Million)
  2. By Quantity Sold (Thousand Tons)
2. Market Share & Analysis
  1. By Type- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  2. By Form- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  3. By Nature- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  4. By Source- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  5. By Application- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
  6. By Country
    1. China
    2. India
    3. Japan
    4. South Korea
    5. Australia
    6. Southeast Asia
    7. Rest of Asia-Pacific
3. China Pea Protein Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    2. By Source- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    3. By Application- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
4. India Pea Protein Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    2. By Source- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    3. By Application- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
5. Japan Pea Protein Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    2. By Source- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    3. By Application- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
6. South Korea Pea Protein Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    2. By Source- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    3. By Application- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
7. Australia Pea Protein Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    2. By Source- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    3. By Application- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
8. Southeast Asia Pea Protein Market Outlook, 2019-2030F
  1. Market Size & Analysis
    1. By Revenues (USD Million)
    2. By Quantity Sold (Thousand Tons)
  2. Market Share & Analysis
    1. By Type- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    2. By Source- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
    3. By Application- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
Global Pea Protein Market Key Strategic Imperatives for Success & Growth
Competition Outlook
1. Company Profiles
  1. Rouquette Freres
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  2. Ingredion Incorporated
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  3. Puris Protein Llc
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  4. Fenchem Inc.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  5. Dupont
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  6. Axiom Foods Inc
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  7. Burcon Nutrascience Corp
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  8. Cosucra Groupe Warcoing
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  9. Sotexpro
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  10. Shandong Jianyuan Foods Co., Ltd.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  11. Yan Tai Shuang Ta Food Co Ltd.
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  12. Et-Chem
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  13. Agt Foods
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  14. The Green Labs Llc
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  15. Nutri-Pea Limited
    1. Business Description
    2. Product Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  16. Others
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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