Pea Protein Market
By Type;
Isolates, Concentrates, and TexturedBy Form;
Dry and WetBy Source;
Split Yellow Peas, Lentils, and ChickpeasBy Application;
Meat Substitutes, Performance Nutrition, Functional Foods, Snacks, Beverages, Bakery Products, and ConfectioneryBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Pea Protein Market Overview
Pea Protein Market (USD Million)
Pea Protein Market was valued at USD 714.19 million in the year 2024. The size of this market is expected to increase to USD 1,840.44 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 14.5%.
Pea Protein Market
*Market size in USD million
CAGR 14.5 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 14.5 % |
Market Size (2024) | USD 714.19 Million |
Market Size (2031) | USD 1,840.44 Million |
Market Concentration | Low |
Report Pages | 346 |
Major Players
- ROUQUETTE FRERES
- INGREDION INCORPORATED
- PURIS
- EMSLAND GROUP
- FENCHEM INC.
- DUPONT
- A&B INGREDIENTS
- GLANBIA PLC
- THE SCOULAR COMPANY
- AXIOM FOODS INC
- BURCON NUTRASCIENCE CORP
- COSUCRA GROUPE WARCOING
- SOTEXPRO
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Pea Protein Market
Fragmented - Highly competitive market without dominant players
The Pea Protein Market has seen robust expansion driven by the surging demand for plant-based proteins. Approximately 28% of consumers have shifted towards plant-based diets, boosting market interest. Pea protein is widely recognized for its nutritional value, with rising use in functional food and sports nutrition products.
Product Innovations
The market has witnessed the emergence of textured pea protein isolates that enhance texture and taste in applications. Approximately 37% of manufacturers are introducing these new variants to meet evolving consumer preferences. Protein fortification in beverages has increased by 25%, indicating broader adoption.
Sustainability Appeal
Pea protein enjoys a 45% higher acceptance rate due to its sustainable farming profile and lower environmental footprint compared to animal-based protein. The preference for sustainability and clean-label products has made it a preferred ingredient in various sectors.
Future Outlook
With ongoing research and development, the Pea Protein Market is projected to achieve an impressive growth rate. Around 31% of companies are expanding production capacities to meet demand. Innovation, sustainability, and consumer health consciousness are expected to drive continued expansion.
Pea Protein Market Recent Development
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In October 2022, Roquette launched a new range of organic pea protein alongside starch products—sourced from Canadian organic growers—to meet rising clean‑label demand and strengthen its sustainable ingredient portfolio.
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In January 2024, Ingredion and Lantmännen formed a long‑term partnership to develop and commercialize a portfolio of pea protein isolates in Europe, combining Ingredion’s process expertise with Lantmännen’s vertically integrated supply chain.
Pea Protein Market Segment Analysis
In this report, the Pea Protein Market has been segmented by Type, Form, Source, Application, and Geography.
Pea Protein Market, Segmentation by Type
The Pea Protein Market has been segmented by Type into Isolates, Concentrates, and Textured.
Isolates
Pea protein isolates are the most refined form, containing over 85% protein content, making them ideal for high-protein applications like nutritional supplements and protein powders. Their neutral taste and excellent emulsification properties have made them increasingly popular in the plant-based protein segment. This category dominates the market due to its superior purity and functionality.
Concentrates
Pea protein concentrates generally contain between 50% to 75% protein and are widely used in snacks, baked goods, and meat substitutes. They offer a balanced profile of protein and fiber, enhancing the nutritional value of various food formulations. The cost-effectiveness of concentrates is a key factor contributing to their growing adoption.
Textured
Textured pea protein is designed to replicate the fibrous structure of meat and is commonly used in the production of meat analogues. It provides a chewy texture and high protein content, making it suitable for plant-based burgers and sausages. Around 30% of pea protein demand stems from applications using textured formats.
Pea Protein Market, Segmentation by Form
The Pea Protein Market has been segmented by Form into Dry and Wet.
Dry
Dry pea protein accounts for the majority of the market share, driven by its long shelf life, easy handling, and wide use in powdered supplements, protein bars, and meal replacements. Over 70% of pea protein products fall under this form due to its cost-efficiency and versatility in dry blending processes. Its stable nature makes it ideal for large-scale food manufacturing.
Wet
Wet pea protein is primarily utilized in the production of meat analogues and dairy alternatives where texture and mouthfeel are critical. Though it represents a smaller portion of the market—approximately 30%—its demand is rising with the growth of the ready-to-eat and plant-based foods sector. The wet form allows better incorporation in high-moisture applications.
Pea Protein Market, Segmentation by Source
The Pea Protein Market has been segmented by Source into Split Yellow Peas, Lentils and Chickpeas.
Split Yellow Peas
Split yellow peas are the dominant source of pea protein, accounting for nearly 65% of total production. They are valued for their high protein yield, neutral taste, and ease of processing. Their widespread cultivation and availability make them a preferred raw material in both isolated and textured pea protein manufacturing.
Lentils
Lentil-based pea protein offers a distinct nutritional profile, including higher levels of iron and fiber, making it popular in health-focused formulations. Though it holds a smaller market share of around 20%, its use is growing in premium and clean-label products due to its natural functional benefits.
Chickpeas
Chickpea-derived protein is gaining traction in the market, especially in gluten-free and allergen-friendly product lines. It contributes to roughly 15% of the segment and is increasingly used for its creamy texture and mild flavor. Its appeal is rising in dairy alternatives and ready-to-eat meals.
Pea Protein Market, Segmentation by Application
The Pea Protein Market has been segmented by Application into Meat Substitutes, Performance Nutrition, Functional Foods, Snacks, Beverages, Bakery Products and Confectionery.
Meat Substitutes
Pea protein is extensively used in meat substitutes for its ability to mimic the texture and protein profile of animal meat. This application represents nearly 35% of the market, driven by growing demand for plant-based diets and vegan alternatives. It is a key ingredient in burgers, sausages, and meat crumbles.
Performance Nutrition
Performance nutrition products utilize pea protein for its digestibility and amino acid profile, appealing to athletes and fitness-conscious consumers. This segment accounts for approximately 20% of the application share, featuring in protein powders, meal replacements, and sports drinks.
Functional Foods
In functional foods, pea protein enhances both nutritional value and product stability. It's widely used in items formulated for weight management and metabolic health. Around 12% of the market is attributed to this segment, with demand growing in nutrient-dense formulations.
Snacks
Snacks featuring pea protein are gaining traction due to rising consumer preference for high-protein, low-fat options. They are found in chips, crackers, and bars, contributing to around 10% of the market. The segment benefits from the trend toward healthy snacking.
Beverages
Pea protein is used in plant-based beverages like protein shakes, meal drinks, and non-dairy milk. This application comprises nearly 8% of the market, offering clean-label protein enrichment without allergens such as soy or dairy.
Bakery Products
In bakery products, pea protein improves nutritional quality and supports gluten-free formulations. It is increasingly found in bread, muffins, and pancakes. Bakery applications account for about 7% of the segment, particularly in health-conscious product lines.
Confectionery
Confectionery items incorporate pea protein to deliver protein-rich indulgences such as protein chocolates and energy bites. Though a smaller share at around 3%, the segment is expanding through innovations in guilt-free treats.
Pea Protein Market, Segmentation by Geography
In this report, the Pea Protein Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Regions and Countries Analyzed in this Report
Pea Protein Market Share (%), by Geographical Region
North America
North America leads the pea protein market, contributing to over 35% of the global share. The growth is fueled by strong demand for plant-based foods, an expanding vegan population, and high consumer awareness of clean-label proteins. The U.S. dominates the regional market with advanced food innovation and retail penetration.
Europe
Europe holds a substantial portion of the market, accounting for nearly 30%. The region benefits from regulatory support for sustainable agriculture and a rise in flexitarian diets. Countries like Germany, the UK, and France are leading adopters of pea-based meat and dairy alternatives.
Asia Pacific
Asia Pacific is witnessing rapid growth, representing around 20% of the market. Rising health awareness, population size, and an increase in plant-protein-based diets are driving the demand. China and India are emerging as key markets due to growing urbanization and shifting nutritional preferences.
Middle East and Africa
Middle East and Africa contribute a smaller share, approximately 8%, but are showing strong potential due to increasing interest in nutrient-rich foods and imported plant proteins. The demand is primarily driven by affluent urban consumers seeking health-oriented alternatives.
Latin America
Latin America holds nearly 7% of the market, supported by the growing popularity of functional foods and plant-based diets. Brazil and Mexico are key contributors, with expanding health food sectors and supportive food processing infrastructure.
Pea Protein Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Pea Protein Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers
- Increasing demand for plant-based protein alternatives
- Rising vegan and vegetarian lifestyle adoption
- Nutritional benefits driving health-conscious consumption
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Growing application in sports and functional foods - Innovations in improving flavor and solubility are fueling the adoption of pea protein across food and beverage applications. Traditional formulations often faced challenges with beany taste, gritty texture, and inadequate mixing properties. Through state-of-the-art techniques like membrane filtration, micronization, and enzyme treatment, manufacturers are enhancing palatability, mouthfeel, and dispersion, making pea protein more appealing.
These enhancements support seamless integration into smoothies, protein bars, vegan meats, and other consumer-ready formats. The improved sensory characteristics and performance boost product innovation, label transparency, and suitability for clean-label formulations. This trend caters to the growing demand for plant-based proteins that match animal-derived counterparts in quality.
Better flavor profiles and solubility also drive B2B interest. Food manufacturers now view pea protein as a viable option for dairy alternatives, meal replacements, and functional foods. As processing technologies continue to evolve, formulations become more efficient, cost-effective, and scalable, supporting overall industry growth.
With ongoing research optimizing taste, texture, and nutrition delivery, pea protein is becoming a cornerstone ingredient in the expanding plant-based protein ecosystem. These improvements position it for broader mainstream acceptance.
Restraints
- High production costs limit price competitiveness
- Allergen cross-contamination risks during processing
- Limited consumer awareness in emerging economies
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Taste and texture concerns in formulations - The challenge of taste and texture concerns remains a significant restraint for pea protein’s wider adoption. Even with advanced formulation methods, some consumers still detect a slight aftertaste, chalky sensation, or poor mixing behavior in certain products.
This issue becomes critical when pea protein is used in light-colored or subtle-flavored food items such as cold beverages, dairy-free yogurts, and baked goods. Any off-notes or graininess can impact consumer satisfaction and repeat purchase rates, leading brands to limit its usage. Masking these sensory issues may require costly flavor systems or complementary ingredients.
As a result, manufacturers often prefer alternative proteins with smoother textures in high-end or sensitive applications. The need for additional formulation steps adds complexity and increases production costs and development time. This creates a barrier to entry, particularly for small or emerging brands.
Until pea protein achieves parity with animal proteins in all sensory attributes, it will continue to face market resistance. Extensive R&D in taste optimization and texture refinement is essential to overcome this limitation.
Opportunities
- Innovation in clean-label pea protein products
- Expansion into infant and elderly nutrition markets
- R&D in improving flavor and solubility
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Growing demand for sustainable protein solutions - A strong opportunity for pea protein to stand out in the plant-based space. Consumers are increasingly drawn to ingredients with lower carbon footprint, reduced water usage, and non-GMO sourcing. As awareness of environmental impact rises, pea protein is emerging as a preferred option.
Pea protein's agricultural profile requires less land and water than animal or nut-based proteins and is often produced using rotational cropping systems, which enhance soil health. These attributes resonate well with brands and consumers focused on ethical food sourcing and regenerative agriculture.
Sustainability-certified pea protein supports market differentiation through eco-labels, carbon-neutral claims, and farm-to-shelf transparency. This aligns with the values of eco-conscious consumers and supports premium positioning in health, wellness, and plant-based sectors.
As sustainability continues to guide consumer preferences, brands that leverage pea protein’s environmental advantages, traceability, and clean credentials will gain a competitive edge. This trend promises long-term growth and broader acceptance across diverse food categories.
Pea Protein Market Competitive Landscape Analysis
Key players in Pea Protein Market include:
- Burcon Nutrascience
- Roquette Frères
- The Scoular Company
- DuPont
- Cosucra Groupe Warcoing SA
- Nutri‑Pea
- Shandong Jianyuan Group
- Sotexpro SA
- Ingredion, Inc.
- Axiom Foods, Inc.
- Fenchem, Inc.
- Martin & Pleasance
- The Green Labs LLC
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Form
- Market Snapshot, By Source
- Market Snapshot, By Application
- Market Snapshot, By Region
- Pea Protein Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing demand for plant-based protein alternatives
- Rising vegan and vegetarian lifestyle adoption
- Nutritional benefits driving health-conscious consumption
- Growing application in sports and functional foods
- Restraints
- High production costs limit price competitiveness
- Allergen cross-contamination risks during processing
- Limited consumer awareness in emerging economies
- Taste and texture concerns in formulations
- Opportunities
- Innovation in clean-label pea protein products
- Expansion into infant and elderly nutrition markets
- R&D in improving flavor and solubility
- Growing demand for sustainable protein solution
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Pea Protein Market, By Type, 2021 - 2031 (USD Million)
- Isolates
- Concentrates
- Textured
- Pea Protein Market, By Form, 2021 - 2031 (USD Million)
- Dry
- Wet
- Pea Protein Market, By Source, 2021 - 2031 (USD Million)
- Split Yellow Peas
- Lentils
- Chickpeas
- Pea Protein Market, By Application, 2021 - 2031 (USD Million)
- Meat Substitutes
- Performance Nutrition
- Functional Foods
- Snacks
- Beverages
- Bakery Products
- Confectionery
- Pea Protein Market, By Geography,2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Pea Protein Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Burcon Nutrascience
- Roquette Frères
- The Scoular Company
- DuPont
- Cosucra Groupe Warcoing SA
- Nutri‑Pea
- Shandong Jianyuan Group
- Sotexpro SA
- Ingredion, Inc.
- Axiom Foods, Inc.
- Fenchem, Inc.
- Martin & Pleasance
- The Green Labs LLC
- Company Profiles
- Analyst Views
- Future Outlook of the Market