Pea Protein Market
By Product;
Isolates, Concentrates, Textured and HydrolysatesBy Form;
Dry and WetBy Source;
Yellow Split Peas and OthersBy Application;
Food & Beverages [Meat Substitutes, Bakery Goods, Dietary Supplements and Beverages], Personal Care & Cosmetics, Animal Feed and OthersBy 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
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 Key Takeaways
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Rising popularity of plant-based diets and vegan lifestyles is accelerating the adoption of pea protein as a clean, sustainable, and hypoallergenic alternative to dairy and soy proteins.
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Sustainability benefits such as lower water consumption, reduced greenhouse emissions, and minimal land usage make pea protein a preferred choice for eco-conscious manufacturers.
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Continuous advancements in protein extraction technology are improving solubility, texture, and flavor profiles, supporting the integration of pea protein into mainstream beverages and meat alternatives.
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The market is witnessing strong penetration in North America, while Asia-Pacific and Europe show accelerating growth fueled by urbanization and rising protein awareness.
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Manufacturers are expanding into sports nutrition, infant formula, and personal care applications, creating diversified revenue streams beyond food and beverage products.
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Supply chain vulnerabilities, including raw material fluctuations and processing costs, are encouraging companies to invest in vertical integration and advanced processing facilities.
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Brands emphasizing clean-label transparency, functional performance, and environmental responsibility are likely to maintain a competitive advantage in this evolving market landscape.
Pea Protein Market Recent Development
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In November 2024, Ingredion partnered with Lantmännen to accelerate development and supply of high-quality pea protein isolates for food and beverage applications.
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In June 2025, Meala partnered with dsm-firmenich to commercialise a texturising pea protein ingredient, enabling clean-label plant-based meat alternatives.
Pea Protein Market Segment Analysis
In this report, Pea Protein Market has been segmented by Product, Form, Source, Application and Geography.
Pea Protein Market, Segmentation by Product
Pea Protein Market is segmented by Product type to analyze demand patterns, protein quality, and processing methods. This segmentation aids manufacturers in tailoring product development, R&D investments, and supply chain strategies to meet consumer preferences.
Isolates
Isolates are highly concentrated pea protein products, offering over 85% protein content, excellent solubility, functional benefits, texture enhancement, and nutritional value. They are widely adopted in plant-based meat substitutes, protein supplements, and bakery applications due to superior quality.
Concentrates
Concentrates provide moderate protein levels, cost efficiency, functional versatility, ease of processing, and widespread application. They are extensively used in beverages, bakery goods, and food formulations, offering a balance between nutrition and affordability.
Textured
Textured pea proteins are engineered to mimic meat texture, fiber alignment, chewiness, high protein content, and plant-based functionality. They are critical for meat substitute products and innovative food solutions, driving market growth in North America and Europe.
Hydrolysates
Hydrolysates are partially pre-digested proteins offering enhanced bioavailability, digestibility, functional peptides, reduced allergenicity, and nutritional optimization. They are increasingly used in dietary supplements, functional foods, and specialized nutrition applications.
Pea Protein Market, Segmentation by Form
Segmentation by Form helps understand consumer preferences and processing requirements for dry and wet protein formulations, convenience, shelf-life, and application suitability. This informs packaging, storage, and product innovation strategies.
Dry
Dry pea protein is the most widely used form, offering long shelf-life, easy transport, functional versatility, cost efficiency, and high protein content. It is extensively applied in baked goods, beverages, and powdered supplements.
Wet
Wet pea protein provides moisture retention, enhanced texture, immediate use, high solubility, and functional performance. It is favored in processed foods, ready-to-eat products, and meat alternatives, especially in industrial production setups.
Pea Protein Market, Segmentation by Source
Source-based segmentation identifies key raw materials driving quality, cost, and functional properties. Understanding sources aids in supply chain optimization, cultivation partnerships, and regional sourcing strategies.
Yellow Split Peas
Yellow split peas are the predominant source, offering high protein yield, neutral taste, non-GMO potential, sustainable cultivation, and wide availability. They dominate global production and are key to high-quality pea protein extraction.
Others
Other sources include green peas and specialty pea varieties, providing diversified protein profiles, functional benefits, niche market opportunities, and alternative formulations. They cater to regional preferences and innovative applications.
Pea Protein Market, Segmentation by Application
Application-based segmentation highlights market adoption across diverse sectors, including food & beverages, personal care, animal feed, and others. It provides insights into growth drivers, innovation opportunities, and strategic expansion.
Food & Beverages
The food & beverages segment dominates due to the rise of plant-based diets, functional nutrition, meat substitutes, protein-enriched bakery, and beverages. Companies leverage innovation, clean labeling, and health-focused trends to capture market share.
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Meat Substitutes
Pea protein is a core ingredient in plant-based meat alternatives, texture replication, protein enrichment, consumer acceptance, and sustainable sourcing. Adoption is strong in North America and Europe.
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Bakery Goods
Used in bakery products for protein fortification, texture improvement, shelf-life extension, clean label, and functional benefits. Growth is driven by health-conscious consumers.
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Dietary Supplements
Pea protein is incorporated into protein powders, shakes, sports nutrition, digestibility, and allergen-free formulations. Rising fitness trends fuel adoption.
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Beverages
Used in drinks for protein enrichment, solubility, flavor neutrality, functional benefits, and convenience. Market penetration is increasing with plant-based beverage trends.
Personal Care & Cosmetics
This segment leverages pea protein for skin conditioning, anti-aging properties, hair nourishment, functional formulation, and premium product positioning. Growth is driven by natural ingredient demand.
Animal Feed
Pea protein is increasingly used in livestock and aquaculture feed, high protein content, digestibility, cost efficiency, and sustainable sourcing. It enhances growth performance and feed formulation flexibility.
Others
Other applications include nutraceuticals, functional ingredients, industrial formulations, specialty foods, and innovative uses. This segment allows diversification and niche market exploration.
Pea Protein Market, Segmentation by Geography
In this report, 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
North America
North America is a dominant region due to plant-based diet adoption, protein demand, food innovation, e-commerce growth, and health-conscious consumers. The U.S. drives the market with strong retail penetration, R&D investments, and certification adoption.
Europe
Europe is characterized by regulatory compliance, health-conscious consumers, plant-based trends, specialty food growth, and functional food adoption. Germany, UK, and France lead market expansion with strong innovation and R&D initiatives.
Asia Pacific
Asia Pacific shows rapid urbanization, increasing disposable income, protein-rich diet awareness, e-commerce adoption, and innovative product launches. China, Japan, and India are key markets driving both production and consumption.
Middle East & Africa
Middle East & Africa are emerging markets with import-driven growth, premium demand, retail modernization, awareness campaigns, and protein adoption. Opportunities exist for distribution partnerships and innovative applications.
Latin America
Latin America focuses on local production, export opportunities, certification compliance, protein-rich diets, and sustainable agriculture. Brazil and Mexico lead the market with expanding plant-based and functional food initiatives.
Pea Protein Market Forces
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 |
|---|---|---|---|---|---|
| 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
Pea Protein Market is growing rapidly due to rising consumer demand for plant-based protein alternatives in food and beverages. Companies are focusing on innovation, strategic partnerships, and technological advancements to enhance the nutritional profile and functionality of pea protein, driving market growth across multiple sectors.
Market Structure and Concentration
The pea protein market is moderately concentrated, with a few major players holding substantial market share. Smaller companies are leveraging mergers, collaborations, and niche product development to capture emerging market segments, supporting both growth and innovation in the pea protein space.
Brand and Channel Strategies
Leading brands in the pea protein market are enhancing their distribution channels through online platforms and retail partnerships. By expanding their reach and improving product visibility, companies aim to increase market growth and strengthen their presence in the expanding plant-based protein market.
Innovation Drivers and Technological Advancements
Technological advancements in pea protein extraction and processing are key drivers of market innovation. Companies are focusing on improving the taste, texture, and digestibility of pea protein products, contributing to both growth and increased adoption in various food and beverage applications.
Regional Momentum and Expansion
The pea protein market is witnessing strong regional momentum, particularly in regions with growing demand for plant-based products. Companies are focusing on regional expansion by forming partnerships with local distributors and manufacturers to drive market growth and increase accessibility to pea protein-based products.
Future Outlook
The future outlook for the pea protein market is optimistic, with continued demand for sustainable and plant-based protein sources. Companies will continue to focus on innovation, technological advancements, and expansion to capitalize on the growing trend and sustain long-term market growth.
Key players in Pea Protein Market include:
- Roquette Freres
- Cargill Incorporated
- Glanbia PLC
- Kerry Group
- Ingredion Incorporated
- Emsland Group
- The Scoular Company
- Burcon NutraScience Corporation
- Axiom Foods
- DuPont de Nemours
- Cosucra Groupe Warcoing
- Nutri‑Pea Limited
- Shandong Jianyuan Foods
- Sotexpro SA
- AGT Foods and Ingredients
In this report, the profile of each market player provides following information:
- Market Share Analysis
- Company Overview and Product Portfolio
- 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 Product
- Market Snapshot, By Form
- Market Snapshot, By Source
- Market Snapshot, By Application
- Market Snapshot, By Region
- Pea Protein Market Forces
- 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 Product, 2021 - 2031 (USD Million)
- Isolates
- Concentrates
- Textured
- Hydrolysates
- Pea Protein Market, By Form, 2021 - 2031 (USD Million)
- Dry
- Wet
- Pea Protein Market, By Source, 2021 - 2031 (USD Million)
- Yellow Split Peas
- Others
- Pea Protein Market, By Application, 2021 - 2031 (USD Million)
- Food & Beverages
- Meat Substitutes
- Bakery Goods
- Dietary Supplements
- Beverages
- Personal Care & Cosmetics
- Animal Feed
- Others
- Food & Beverages
- 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 Product, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Roquette Freres
- Cargill Incorporated
- Glanbia PLC
- Kerry Group
- Ingredion Incorporated
- Emsland Group
- The Scoular Company
- Burcon NutraScience Corporation
- Axiom Foods
- DuPont de Nemours
- Cosucra Groupe Warcoing
- Nutri‑Pea Limited
- Shandong Jianyuan Foods
- Sotexpro SA
- AGT Foods and Ingredients
- Company Profiles
- Analyst Views
- Future Outlook of the Market

