Pea Proteins

Global Pea Proteins Market to Reach US$3.5 Billion by 2030

The global market for Pea Proteins estimated at US$1.9 Billion in the year 2024, is expected to reach US$3.5 Billion by 2030, growing at a CAGR of 10.1% over the analysis period 2024-2030. Isolates, one of the segments analyzed in the report, is expected to record a 10.7% CAGR and reach US$1.8 Billion by the end of the analysis period. Growth in the Concentrates segment is estimated at 11.3% CAGR over the analysis period.

The U.S. Market is Estimated at US$513.6 Million While China is Forecast to Grow at 13.9% CAGR

The Pea Proteins market in the U.S. is estimated at US$513.6 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$783.3 Million by the year 2030 trailing a CAGR of 13.9% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 7.3% and 7.9% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 7.8% CAGR.

Global Pea Proteins Market – Key Trends & Drivers Summarized

How Are Technological Advancements Driving the Evolution of Pea Proteins?

The pea protein market has witnessed significant growth, thanks in large part to technological advancements that are improving extraction processes and enhancing the functional properties of pea proteins. Traditionally used in powdered form for supplements and plant-based foods, pea proteins are now being incorporated into a wider range of food and beverage applications due to innovations in processing techniques. Advances such as wet and dry fractionation have enabled manufacturers to produce high-purity pea protein isolates, concentrates, and textured forms that deliver improved solubility, texture, and taste. These technological breakthroughs have allowed pea proteins to more effectively mimic the texture and mouthfeel of traditional animal proteins, making them a popular choice for plant-based meat alternatives. Additionally, fermentation and enzyme treatments are being used to reduce the beany flavor and improve the digestibility of pea proteins, further expanding their appeal in both food and beverage formulations. As consumer demand for cleaner, plant-based, and allergen-friendly ingredients rises, these technological developments are accelerating the integration of pea proteins into mainstream food products.

Why Is Consumer Demand for Plant-Based Proteins Driving Growth in the Pea Protein Market?

The growing consumer demand for plant-based proteins is one of the most significant factors propelling the global pea protein market. As more people adopt vegetarian, vegan, and flexitarian diets, the need for high-quality, plant-based protein sources has surged. Pea protein, known for its high protein content, complete amino acid profile, and hypoallergenic properties, has emerged as a leading alternative to soy and dairy-based proteins, especially for those with dietary restrictions or allergies. The rise in health-conscious consumers seeking sustainable, non-GMO, and clean-label protein options has further fueled the popularity of pea proteins in various sectors, including sports nutrition, functional foods, and weight management products. Moreover, with the increasing awareness of the environmental impact of animal agriculture, many consumers are gravitating towards pea protein as an eco-friendly alternative that requires less water and land to produce compared to animal-based proteins. This shift in consumer behavior, coupled with the increasing availability of innovative pea protein products such as protein bars, shakes, snacks, and plant-based meats, is driving the market forward.

How Are Industry and Health Trends Impacting Pea Protein Adoption?

The widespread focus on sustainability, health, and wellness in the food and beverage industry is significantly impacting the adoption of pea proteins. Health trends emphasizing clean eating, high-protein diets, and plant-based nutrition are driving manufacturers to develop new formulations that leverage pea proteins for their nutritional benefits. Pea protein is valued for being free from allergens such as dairy, soy, and gluten, which positions it as a versatile ingredient in both allergen-free and mainstream product categories. The growing awareness of the benefits of plant-based proteins for muscle recovery, weight management, and overall wellness has also led to increased incorporation of pea proteins in functional foods and beverages targeting health-conscious consumers. Additionally, the growing concern about sustainability in food production is pushing the industry to adopt pea proteins, as they offer a more environmentally friendly alternative to animal proteins. As food producers aim to meet both consumer demand and sustainability goals, the inclusion of pea protein in new product formulations is rapidly increasing across multiple categories, including bakery, dairy alternatives, snacks, and ready-to-drink beverages.

What Factors Are Driving Growth in the Pea Protein Market?

The growth in the pea protein market is driven by several factors directly related to consumer trends, technological advancements, and environmental concerns. One of the primary drivers is the rising demand for plant-based protein sources due to the growing adoption of vegan, vegetarian, and flexitarian diets. This shift is further fueled by the increasing consumer awareness of the health benefits associated with plant-based proteins, including improved digestion, weight management, and muscle recovery. Technological advancements in protein extraction and processing have also made it easier to incorporate pea proteins into a wider range of food and beverage products, enhancing their taste, texture, and nutritional profile. Additionally, the emphasis on sustainability in food production is pushing companies to adopt pea proteins, as they have a lower environmental impact compared to animal-based proteins. The increasing prevalence of food allergies and the demand for allergen-free protein options are also contributing to the growth of this market, as pea protein is both hypoallergenic and versatile. As these trends continue to shape the food and beverage industry, the demand for pea proteins is expected to rise, driven by health, sustainability, and technological innovations.

SCOPE OF STUDY:

The report analyzes the Pea Proteins market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Type (Isolates, Concentrates, Textured, Hydrolysate); Form (Dry, Wet); Application (Dietary Supplements, Bakery Products, Meat Substitutes, Beverages, Other Applications)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 13 Featured) -

• AM Nutrition AS
• Axiom Foods, Inc.
• Burcon NutraScience Corporation
• Cosucra Groupe Warcoing SA
• Farbest Brands
• Nutri-Pea Ltd.
• Roquette FrAres
• Shandong Jianyuan Foods Co., Ltd.
• Sotexpro SA
• The Beauty ChefPty Limited

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