Global Pea Protein Market Outlook
Revenue, 2024
$1.7B
Forecast, 2034
$6.1B
CAGR, 2025 - 2034
13.6%
The Pea Protein industry revenue is expected to be around $1.9 billion in 2025 and expected to showcase growth with 13.6% CAGR between 2025 and 2034.
Peptide Protein is made from peas and includes a variety of important amino acids and fiber naturally free from gluten and dairy. Making it a great option for those who prioritize their health these days. The current shift, towards label and allergy friendly foods has welcomed pea protein with open arms as it presents growth potential in a market that values eco friendly innovations and sustainable consumption practices.
Market Key Insights
- The Pea Protein market is projected to grow from $1.7 billion in 2024 to $6.1 billion in 2034. This represents a CAGR of 13.6%, reflecting rising demand across Nutrient-Rich Food Ingredient, Meat Substitutes and Dairy Alternatives.
- Cargill Inc., Ingredion Incorporated, Roquette Frères are among the leading players in this market, shaping its competitive landscape.
- U.S. and Canada are the top markets within the Pea Protein market and are expected to observe the growth CAGR of 12.2% to 16.3% between 2024 and 2030.
- Emerging markets including India, China and Brazil are expected to observe highest growth with CAGR ranging between 9.5% to 14.3%.
- Transition like Shift Towards Veganism and Plant-based Diets is expected to add $168 million to the Pea Protein market growth by 2030.
- The Pea Protein market is set to add $4.4 billion between 2024 and 2034, with manufacturer targeting Animal Feed & Personal Care & Cosmetics Application projected to gain a larger market share.
- With Rising health awareness, and Shift towards vegan and vegetarian diets, Pea Protein market to expand 258% between 2024 and 2034.
Opportunities in the Pea Protein
The rising trend of plant based diets presents an opportunity for pea protein to shine.
Growth Opportunities in North America and Europe
The American market is seeing substantial growth thanks to more consumers understanding the health advantages of pea protein and following protein rich meal plans more closely. The market is competitive with leading companies pushing for innovation in product offerings and variety. Theres also a desire for vegan and plant focused diets that is fueling the demand for pea protein. Furthermore the rising interest in fitness and health presents an opportunity, for the expansion of the pea protein market.
The pea protein market in Europe is growing thanks to the evolving food and beverage sector there! With European folks embracing plant based eating habits and food companies mixing pea protein into various items to meet demands of the consumers here! Despite the competition in this market space though theres still space for smaller players focusing specifically in organic and natural food offerings! Considering the rules around food safety and quality, in place here. Pea protein makers who maintain high quality standards sure have a good chance to thrive in this area!
Market Dynamics and Supply Chain
01
Driver: Rising Health Awareness, and Technological Advancements in Protein Extraction
The growing awareness of the importance of a diet and healthy lifestyle has also greatly boosted the popularity of pea protein among consumers seeking plant based protein options that are also both low in fat and cholesterol levels. Making it a favored pick, for health conscious individuals. Recent improvements in protein extraction techniques have also allowed for the development of effective and economical approaches, to acquiring top notch Peaprotein enhancing supply chains and positively impacting the growth potential of the Peaprotein market as a whole.
The increasing worldwide trend towards vegetarian and vegan diets driven by environmental considerations plays a significant role in driving the Peaprotein market growth. Peaprotein is also commonly utilized as a core component, in vegan and vegetarian diets because of its protein content and ease of digestion.
02
Restraint: High Processing Costs
One major challenge in the pea protein industry is the nature of its processing methods. Obtaining protein from peas involves using technology and equipment that results in increased production expenses. As a result of this production cost the final product may end up being priced higher making it less competitive when compared to other protein options available, in the market.
03
Opportunity: Innovation in Dairy Alternatives and Empowering Sports Nutrition
The Peptide Market is seeing a rise in potential with the emergence of alternative dairy products using pea protein as a key player in response to growing consumer health consciousness and concerns over lactose intolerance issues. Peas are being highlighted as an ingredient for crafting vegan friendly and nutrient rich dairy alternatives such as cheese and milk substitutes along with high protein ice creams due, to their advantageous amino acid composition.
Pea protein has gained recognition as a component that aids in muscle recovery and enhances athletic performance within the sports community today. Its easy digestibility factor along with being allergen free and offering satisfying qualities have contributed to its use in crafting sports supplements. There is potential, for creating functional beverages and bars aimed at athletes and fitness enthusiasts on a regular basis.
04
Challenge: Sensory Issues
One significant obstacle is the difficulties linked to pea protein consumption. The taste, color and texture tend to vary and may impact consumer preferences adversely. Dealing with these obstacles to boost product appeal while maintaining nutritional value poses a significant challenge, for companies operating in the pea protein industry.
Supply Chain Landscape
1
Cultivation & Harvesting
RoquetteThe Scoular Company
2
Processing & Pea Protein Isolation
Nutri-Pea LimitedPuris Proteins
3
Packaging & Distribution
Glanbia NutritionalsKerry Group
4
End User Applications
Sports NutritionBeverage IndustryFood and Bakery Industry
1
Cultivation & Harvesting
RoquetteThe Scoular Company
2
Processing & Pea Protein Isolation
Nutri-Pea LimitedPuris Proteins
3
Packaging & Distribution
Glanbia NutritionalsKerry Group
4
End User Applications
Sports NutritionBeverage IndustryFood and Bakery Industry
Use Cases of Pea Protein in Nutrient-Rich Food Ingredient & Meat Substitutes
Nutrient-Rich Food Ingredient : Peptide protein is widely used in foods because it contains important amino acids that are beneficial for your bodys health and wellness needs. Respected brands such as Roquette and Ingredio are, at the forefront of promoting the use of pea protein in their product offerings to cater to health individuals and athletes seeking muscle development and weight management benefits.
Dairy Alternatives : In the expanding market for plant based dairy alternatives pea protein is taking the spotlight with its ability to provide a smooth texture and mild flavor to products like milk, cheese and yogurt without triggering allergies commonly linked to soy and some nuts. Its hypoallergenic properties and nutritional benefits have made it a top pick for brands in the dairy alternative industry such, as Ripple Foods and Daiya Foods.
Meat Substitutes : Pea protein is also a component in making plant based meat alternatives that mimic animal proteins in appearance and texture. This appeals, to the growing vegan and flexitarian communities.
Recent Developments
The market for pea protein has experienced a rise in popularity over the few years as more people are opting for vegan and plant based diets these days. The growing awareness of the health advantages associated with consuming pea protein such as promoting heart health and aiding in weight management has also played a role, in boosting market expansion.
March 2024 : Roquette Frres has broadened its range of products to now offer pea protein based supplements, for managing weight in programs.
May 2024 : Puris Proteins has introduced a line of pea protein items that have better solubility. These products are tailored to enhance plant based drinks.
June 2024 : Ingredion Incorporated solidified its position, in the market through the acquisition of a pea protein processing facility to boost its production capacity.
Impact of Industry Transitions on the Pea Protein Market
As a core segment of the Nutraceuticals industry,
the Pea Protein market develops in line with broader industry shifts.
Over recent years, transitions such as Shift Towards Veganism and Plant-based Diets and undefined have redefined priorities
across the Nutraceuticals sector,
influencing how the Pea Protein market evolves in terms of demand, applications and competitive dynamics.
These transitions highlight the structural changes shaping long-term growth opportunities.
01
Shift Towards Veganism and Plant-based Diets
The growing popularity of veganism and plant based diets is causing a change in the Peaprotein sector. People are choosing plant based products like pea protein over animal based proteins due to factors like health benefits and environmental concerns. The appealing taste and texture of pea protein have also contributed to its increasing popularity, among consumers.