Resources
About Us
Meticulous Research®—a leading global market research company, published a research report titled Pea Protein Market—Global Opportunity Analysis and Industry Forecast (2024-2031). According to this latest publication from Meticulous Research®, the pea protein market is projected to reach $1.31 billion by 2031, at a CAGR of 14.2% from 2024 to 2031.
The growth of the pea protein market is underpinned by several key factors. These include the increasing interest in plant-based nutrition, the burgeoning health & wellness trends, the expanding plant-based food market, and rising consumer awareness for the nutritional benefits of peas and pea-based products. Moreover, the growing focus of key players in developing innovative pea protein ingredients further fuels the growth of the pea protein market.
Key Players:
The pea protein market is moderately competitive due to the presence of large and small-sized global, regional, and local players. The leading players operating in the pea protein market are Roquette Freres (France), AGT Food and Ingredients Inc. (Canada), Cargill, Inc. (U.S.), Ingredion Incorporated (U.S.), Archer-Daniels-Midland Company (U.S.), Axiom Foods Inc. (U.S.), Burcon NutraScience Corporation (Canada), Glanbia Plc. (Ireland), Cosucra Groupe Warcoing SA (Belgium), Sotexpro Sa (a part of GEMEF Industries) (France), Farbest-Tallman Foods Corporation (U.S.), Shandong Jianyuan Foods Co., Ltd. (China), The Emsland Group (Germany), and Nutri-Pea Ltd. (Canada).
The pea protein market is segmented by type (yellow pea proteins {yellow pea protein isolate, yellow pea protein concentrate, textured yellow pea protein, yellow pea protein hydrolysate, yellow pea flour, and other yellow pea proteins} and green pea proteins {green pea protein isolate, green pea protein concentrate, textured green pea protein, green pea protein hydrolysate, green pea flour, and other green pea proteins}), source (conventional pea protein and organic pea protein), processing method (dry processing and wet processing), form (solid and liquid), application (nutrition & health supplements, meat & meat alternatives, bakery products, dairy & dairy alternatives, cereals & snacks, beverages, pet food, and other applications), and geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa).
By type, the yellow pea proteins segment is anticipated to hold the dominant position, with a share of 94.7% of the pea protein market in 2024. The segment’s significant market share is primarily attributed to the high protein content of yellow peas, their increasing use in pea protein isolates, their high global production, and their increasing use in high-performance nutrition products and snacks. Yellow split peas are an excellent source of plant-based protein, healthy carbs, fiber, and other important nutrients. Yellow split peas are highly versatile and find numerous applications in the food & beverage industry. They are a key ingredient in pea protein isolates and are used in various food formats, including plant-based burgers and pea milk.
By source, the conventional pea protein segment is anticipated to hold the dominant position in the pea protein market in 2024. The segment's significant market share is primarily attributed to various factors, such as the longer shelf life of conventional pea protein, the cheaper cost of producing conventional peas compared to organic peas, and the increasing availability of crop varieties.
By processing method, the dry processing segment is anticipated to hold the dominant position in the pea protein market in 2024. This segment’s large market share is primarily attributed to the lower capital requirements and reduced energy & water usage for dry processing compared to wet extraction and the increased demand for dry protein components among pea protein manufacturers.
By form, the solid pea protein segment is anticipated to hold the dominant position in the pea protein market in 2024. This segment's significant market share is primarily attributed to the low bulk weight of solid peas, the simplicity of manufacturing solid pea proteins compared to liquid pea proteins, the versatility of solid pea proteins across a range of applications, higher stability compared to liquid pea proteins, and the potential for high production rates.
By application, the nutrition & health supplements segment is anticipated to hold the dominant position, with a share of 36.4% of the pea protein market in 2024. The segment’s significant market share is primarily attributed to the growing need for nourishing food, the advantages of pea protein in supplements and sports nutrition, and increasing health & wellness trends.
This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe), Asia-Pacific (China, India, Japan, Australia, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, Argentina, and Rest of Latin America), and the Middle East & Africa.
By geography, North America is anticipated to hold the dominant position, with a share of 42.4% of the pea protein market in 2024. This regional market is anticipated to be worth $219.9 million in 2024. North America's significant market share is primarily attributed to the flourishing food & beverage sector, the growing concerns regarding animal protein products and ingredients, the increasing vegan population, the rising inclination toward meat protein substitutes, the developing market for wholesome and nutritious products, the increasing pea production, and the significant number of pea protein producers.
Download Sample Report Here @ https://www.meticulousresearch.com/download-sample-report/cp_id=5054
Key Questions Answered in the Report:
Contact Us:
Meticulous Research®
Email- sales@meticulousresearch.com
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
Plant-based Cheese Market to Reach $8.62 Billion by 2031
Read MoreNon-alcoholic Wine Market to Reach $2.61 Billion by 2031
Read MoreFrozen Dough Market to be Worth $37.8 Billion by 2031
Read MoreMarine Collagen Market to be Worth $2.32 Billion by 2031
Read MorePlant Extracts Market to Reach $63.26 Billion by 2031
Read MoreYeast Extract Market to Reach $2.92 Billion by 2031
Read MoreLecithin Market to Reach $2.91 Billion by 2031
Read MoreGelatin Market to be Worth $7.46 Billion by 2031
Read MoreAquafeed Market to be Worth $122.54 Billion by 2031
Read MoreBaby Food Market to be Worth $120.1 Billion by 2031
Read MoreOleoresins Market to Reach $2.49 Billion by 2031
Read MoreVegan Food Market to be Worth $109.4 Billion by 2031
Read MoreFruit Extracts Market to be Worth $31.11 Billion by 2031
Read MoreMoringa Extract Market to be Worth $10.65 Billion by 2031
Read MoreDTC Food Market to be Worth $195.39 Billion by 2031
Read MoreSuperfoods Market to Reach $281.9 Billion by 2030
Read MorePlant-based Meat Market to Reach $27.14 Billion by 2031
Read MoreEurope Seaweed Market to Reach $5.65 Billion by 2030
Read MoreAstaxanthin Market Worth $1.34 Billion by 2030
Read MoreVitamin D Market Worth $2.43 billion by 2030
Read MoreCarotenoids Market Worth $2.26 Billion by 2030
Read MoreAlgae Market Worth $29.8 billion by 2030
Read MoreFunctional Beverages Market Worth $179.8 Billion by 2029
Read MoreSavory Snacks Market Worth $347.2 Billion by 2029
Read MoreAnimal Feed Market to be Worth $1,008.8 Billion by 2031
Read MoreHealthy Snacks Market Worth $152.08 Billion by 2029
Read MoreEnzymes Market Worth $18.38 billion by 2029
Read MorePea Starch Market Worth $307.4 Million by 2029
Read MoreBakery Premixes Market Worth $547.8 Million by 2029
Read MorePotato Starch Market Worth $5.6 Billion by 2029
Read MorePostbiotics Market to be Worth $24 Million by 2029
Read MoreSugar-free Products Market Worth $65.31 Billion by 2029
Read MoreFrozen Seafood Market to Reach $74.34 Billion by 2029
Read MoreFrozen Ready Meals Market Worth $130.67 Billion by 2029
Read MoreFrozen Food Market to be Worth $447.79 Billion by 2031
Read MorePlant-based Milk Market to Reach $52.54 Billion by 2031
Read MoreLab-grown Meat Market Worth $1.99 Billion by 2035
Read MoreWheat Protein Market Worth $9.5 Billion by 2029
Read MoreBlack Soldier Fly Oil Market Worth $72 Million by 2029
Read MoreInsect Protein Market Worth $9.46 billion by 2030
Read MoreGluten-Free Products Market Worth $10.96 Billion by 2029
Read MoreMeat Market Worth $1,345.9 Billion by 2029
Read MoreEurope Plant-based Foods Market to Reach $21.62 Billion by 2031
Read MoreD-psicose Market Worth $438.1 Million by 2029
Read MoreCrickets Market to Reach $5,923.4 million by 2031
Read MoreNannochloropsis Market to Reach $14 Million by 2031
Read MoreNatural Carotenoids Market Worth $1.9 Billion by 2028
Read MoreStevia Market Worth $1.11 billion by 2028
Read MoreMicroalgae Market to Reach $2.26 Billion by 2031
Read MoreBotanical Extracts Market Worth $10.1 Billion by 2028
Read MoreColeus and Turmeric Market Worth $6.9 billion by 2027
Read MoreProtein Ingredients Market Worth $79.7 billion by 2028
Read MoreSugar Substitutes Market Worth $24.1 Billion by 2028
Read MoreChlorella Market Worth $412.3 million by 2028
Read MoreButterfly Pea Flowers Market Worth USD 102.4 Million by 2027
Read MoreSorbitol Market Worth $2.39 billion by 2030
Read MoreTaste Modulators Market to Reach $2.50 Billion by 2031
Read MoreFood Premix Market to be Worth $2.93 billion by 2030
Read MoreDairy Ingredients Market to Reach $93.22 Billion by 2031
Read MoreSpecialty Yeast Market Worth $4.8 billion by 2025
Read MorePea Protein Market to Reach $1.31 Billion by 2031
Read MoreSpirulina Market to Reach $1.20 Billion by 2031
Read MoreFood Flavors Market Worth $20.39 Billion by 2028
Read MoreNatural Sausage Casings Market Worth $2.79 Billion by 2028
Read MoreLegal Marijuana Market Worth $75.6 Billion By 2025
Read MoreFood Colors Market to Reach $5.42 Billion by 2031
Read MoreArtificial Casings Market to Reach $5.87 Billion by 2031
Read MoreEurope Artificial Casings Market to be Worth $1.65 Billion by 2030
Read MoreSoy Protein Market Worth $14.1 Billion by 2029
Read MoreEdible Insects Market to be Worth $17.9 Billion by 2033
Read MoreAmerican Whiskey Market Worth $16.8 Billion by 2025
Read MoreAlgae Products Market to Reach $6.01 Billion by 2031
Read MoreDairy Products Market Worth $645.8 Billion by 2025
Read MorePlant-based Protein Market to be Worth $26.45 Billion by 2031
Read MoreAlgal Pigments Market to Reach $718.0 Million by 2031
Read MoreMeat Substitute Market Worth $17.5 billion by 2027
Read MoreSmart Packaging Market Worth $43.6 billion by 2027
Read MoreFrozen Bakery Products Market worth $59.9 billion by 2027
Read MoreHydrocolloids Market to be Worth $18.34 Billion by 2031
Read MoreFood Safety Testing Market Worth $29.6 Billion by 2027
Read MorePhycocyanin Market to Reach $350.5 Million by 2031
Read MoreCollagen Market Worth $8.64 Billion by 2029
Read More