What is the Market Size Analysis of the Global Pea Protein Ingredients Market?
The growth of the pea protein ingredients market has been robust in recent years, expanding from $1.96 billion in 2024 to $2.09 billion in 2025 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to growing preference for plant-based protein sources, increased demand for meat alternatives, rise demand for protein-rich foods, rising health consciousness among consumers, and growing demand for functional foods.
An even stronger growth is anticipated in the years to come, with the market projected to reach $2.92 billion by 2029 at a compound annual growth rate (CAGR) of 8.7%. This surge in the forecast period can be attributed to the rising vegan and vegetarian populations, allergen-free and gluten-free appeal, increasing demand for vegan and vegetarian food products, greater adoption in emerging markets, and increased focus on sustainable sourcing.
Get Your Free Sample of The Global Pea Protein Ingredients Market Report: https://www.thebusinessresearchcompany.com/sample.aspx?id=6343&type=smp
How Are the Trends of Vegetarian and Vegan Diets Impacting the Pea Protein Ingredients Market?
The escalating popularity of vegetarian and vegan diets is leading to the exponential growth of the pea protein ingredient market. As a versatile and sustainable option derived from plant sources, pea protein ingredients cater to the protein needs of vegetarian and vegan consumers. For instance, in April 2023, according to a report by The Plant-Based Foods Association, plant-based foods accounted for $8 billion in U.S. retail sales in 2022, depicting an increase of about 6.67% from 2021’s $7.5 billion.
What Are the Major Segments in the Pea Protein Ingredients Market?
The pea protein ingredients market report encompasses the following segments:
1) By Type: Isolates, Concentrates, Other Types
2) By Source: Yellow split peas, Chickpeas, Lentils
3) By Application: Bakery and Snacks, Dietary Supplements, Beverages, Meat Substitutes, Other Applications
Order Your Swift Report Delivery Now: https://www.thebusinessresearchcompany.com/report/pea-protein-ingredients-global-market-report
Who Are the Major Players in the Pea Protein Ingredients Market?
The pea protein ingredient market features leading firms such as Cargill Incorporated, Agridient Inc., Axiom Foods Ltd., Norben Company Inc., Nutri Pea Ltd., Burcon NutraScience Corporation, Cosucra Groupe Warcoing SA, A & B Ingredients Inc., Shandong Jianyuan Foods Co. Ltd., Archer Daniels Midland Company, Fenchem SA, Kerry Group plc, Prinova Group LLC, Batory Foods Inc., PLT Health Solutions, Glanbia plc, AGT Food & Ingredients Inc., World Food Processing LLC, Yantai T. Full Biotech Co. Ltd., and more.
Are There Emerging Trends in the Pea Protein Ingredients Market?
Innovation in product development has emerged as a trend in the market. For example, Vertis, an innovative textured pea canola protein product offers a complete plant-based protein source with unique textural properties ideal for meat alternatives and plant-based applications. DSM launched Vertis Textured Pea Canola Protein in 2022, the world’s first textured vegetable protein that provides all nine essential amino acids, qualifying it as a complete protein source.
Which Region is Set to Be the Fastest Growing in the Pea Protein Ingredients Market?
In 2024, North America led the pea protein ingredients market. However, during the forecast period, the fastest growth is expected from the Asia-Pacific region. The report covers regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Pea Protein Ingredients Market Report 2025 Offer?
The report unveils the global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities for the pea protein ingredients market. Pea protein ingredients, derived and extracted from yellow and green split peas, Pisum sativum, consist of flour, isolate, and concentrate used for increasing protein content in various products.
Purchase the exclusive report now to unlock valuable market insights: https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6343
Contact Information:
About The Business Research Company
Armed with 1,500,000 datasets, and having built a reputation for offering data-rich research and insights across 27 industries spanning 60+ geographies, The Business Research Company can provide you with the information you need to stay ahead.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
