Pea Protein Market Size

ID: MRFR/F-B & N/9359-HCR

200 Pages

Snehal Singh

October 2025

Pea Protein Market Research Report By Application (Food Beverages, Nutritional Supplements, Animal Feed, Cosmetics, Pharmaceuticals), By Form (Isolates, Concentrates, Textured Pea Protein), By Source (Yellow Pea, Green Pea, Other Peas), By End Use (Vegan Products, Gluten-Free Products, Meat Alternatives) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa...

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Pea Protein Size

Pea Protein Market Growth Projections and Opportunities

The growing consumer interest in plant-based protein sources and the growing need for vegetarian and vegan choices are two important factors. Pea protein, which is derived from yellow peas, has gained popularity as a sensible and wholesome plant-based protein option. Growing numbers of individuals are adopting plant-based diets for ethical, health, and environmental reasons, which boosts the pea protein industry. Wellbeing and health patterns assume a critical part in guiding the Pea Protein Market. Buyers are progressively centered around pursuing better food decisions, and pea protein lines up with this shift towards clean eating. Not only is pea protein a great source of protein, but it also has an excellent nutritional profile, free of common allergies and high in essential amino acids. Pea protein is positioned as a preferred option for health-conscious consumers searching for plant-based and utilitarian protein options because of its appealing appearance. The accessibility and valuing of yellow peas, the essential natural substance for pea protein extraction, can be impacted by different rural and monetary elements. Makers should cautiously deal with these expense contemplations to keep up with serious estimating while at the same time conveying worth to buyers. Financial falls might affect purchaser spending conduct, impacting their buying choices inside the protein supplement market. Pea protein is perceived for its eco-accommodating qualities, as peas are nitrogen-fixing crops that add to soil wellbeing and diminish the requirement for manufactured manures. This lines up with the upsides of naturally cognizant purchasers who look for supportable and mindfully obtained items. Organizations in the pea protein market are progressively embracing maintainable works on, including eco-friendly bundling and dependable obtaining, to satisfy the rising need for green decisions. Organizations put resources into innovative work to make remarkable details, further develop taste and surface, and meet explicit shopper needs. Compelling marking and correspondence systems become fundamental for hanging out in a packed market, as shoppers have a wide exhibit of pea protein choices to look over.

Market Highlights

Author

Snehal Singh

Assistant Manager - Research

High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. By implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in Packaging, Construction, and Equipment domains. She handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.

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FAQs

What is the expected market size of the Pea Protein Market in 2024?

The Pea Protein Market is expected to be valued at 1.31 billion USD in 2024.

What is the projected market size for the Pea Protein Market by 2035?

By 2035, the Pea Protein Market is anticipated to reach 4.5 billion USD.

What is the expected CAGR for the Pea Protein Market from 2025 to 2035?

The Pea Protein Market is expected to grow at a CAGR of 11.87% from 2025 to 2035.

Which region will dominate the Pea Protein Market by 2035?

North America is projected to dominate the Pea Protein Market with a value of 1.54 billion USD by 2035.

What market size is estimated for the Food Beverages application in 2035?

The Food Beverages application segment is estimated to be valued at 1.8 billion USD by 2035.

Who are the major players in the Pea Protein Market?

Key players in the Pea Protein Market include Roquette Freres, Cargill, Dupont, and Ingredion.

What is the estimated market size for the Animal Feed application in 2035

The Animal Feed application segment is forecasted to reach a market size of 0.9 billion USD by 2035.

What market growth rate can we expect for the Asia Pacific region by 2035?

The Asia Pacific region is expected to experience significant growth, reaching a market size of 1.01 billion USD by 2035.

What is the estimated market size for the Nutritional Supplements application in 2024?

The Nutritional Supplements application segment is valued at 0.39 billion USD in 2024.

What challenges might the Pea Protein Market face in the coming years?

Challenges for the Pea Protein Market may include competition from alternative protein sources and regulatory hurdles.

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

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Market Summary

As per Market Research Future Analysis, the Global Pea Protein Market is poised for substantial growth, driven by increasing consumer demand for plant-based protein sources. The market was valued at 1.17 USD Billion in 2023 and is projected to reach 4.5 USD Billion by 2035, reflecting a CAGR of 11.85% from 2025 to 2035. Key trends include a shift towards healthier diets, rising awareness of health benefits, and sustainability concerns, which are propelling the adoption of pea protein across various applications.

Key Market Trends & Highlights

The Global Pea Protein Market is witnessing transformative trends that are reshaping consumer preferences.

Market Size in 2023: USD 1.17 Billion; Expected to reach USD 4.5 Billion by 2035. Food and Beverages segment projected to grow from USD 0.6 Billion in 2024 to USD 2.2 Billion by 2035. Nutritional Supplements segment expected to rise from USD 0.35 Billion in 2024 to USD 1.25 Billion by 2035. North America market valued at USD 0.4 Billion in 2024, anticipated to grow to USD 1.4 Billion by 2035.

Market Size & Forecast

2023 Market Size	USD 1.17 Billion
2024 Market Size	USD 1.31 Billion
2035 Market Size	USD 4.5 Billion
CAGR (2025-2035)	11.85%
Largest Regional Market Share in 2024	North America.

Major Players

Key Companies include The Green Labs, DuPont, Nature's Pea, Pea Protein Company, Cargill, Ingredion, Vegan Proteins, Nutraflora, Proterra Foods, Puris Proteins, BASF, Axiom Foods, Hemp Foods Australia, Beyond Meat.

Market Trends

As more individuals opt for vegan or vegetarian diets, pea protein emerges as a favorable alternative due to its high nutritional value and versatility in food products.

There are substantial opportunities to be explored within this market, particularly as food manufacturers seek to innovate and reformulate their products.

With the rise of flexitarian diets, there is a growing opportunity for brands to incorporate pea protein into snacks, beverages, and supplements, appealing to a broader range of consumers looking for healthier and more sustainable options.

Additionally, the use of pea protein in the development of meat alternatives can also capture interest from those looking to reduce their meat consumption without sacrificing texture or taste.

Recent trends indicating a shift towards plant-based diets, influenced by environmental and ethical concerns, are reshaping the food industry.

The COVID-19 pandemic has further accelerated these changes, with consumers becoming more conscious of their dietary choices and the ingredients in their food.

Governments across various nations are also promoting plant-based diets to support public health and environmental sustainability, which aligns with the growing acceptance and adoption of pea protein in global markets.

Overall, the Pea Protein Market is well-positioned to take advantage of these dynamic trends as awareness and demand continue to rise.

The increasing consumer preference for plant-based protein sources appears to be driving a notable shift towards pea protein, which is recognized for its nutritional benefits and sustainability.

U.S. Department of Agriculture (USDA)

Pea Protein Market Market Drivers

Market Growth Projections

The Global Pea Protein Industry is poised for substantial growth, with projections indicating a market size of 4.5 USD Billion by 2035. This growth trajectory reflects the increasing adoption of pea protein across various sectors, driven by health trends and consumer preferences for plant-based diets. The anticipated compound annual growth rate (CAGR) of 11.87% from 2025 to 2035 underscores the potential for continued expansion in this market. As more consumers recognize the benefits of pea protein, the industry is likely to witness a surge in investment and innovation, further enhancing its market presence and competitiveness.

Innovations in Product Development

Innovation remains a key driver in the Global Pea Protein Industry, as companies strive to develop new and improved formulations that enhance the functionality and taste of pea protein. Research and development efforts focus on optimizing the extraction processes and improving the sensory attributes of pea protein, making it more appealing to consumers. This ongoing innovation is crucial for expanding the market's reach and meeting the diverse needs of consumers. As the industry evolves, the introduction of novel products is expected to bolster market growth, further solidifying the position of pea protein as a preferred ingredient in various applications.

Nutritional Benefits of Pea Protein

Pea protein offers a compelling nutritional profile, which significantly contributes to the growth of the Global Pea Protein Industry. Rich in essential amino acids, it serves as an excellent protein source for individuals seeking to enhance their dietary intake. Moreover, pea protein is hypoallergenic, making it suitable for those with dietary restrictions or allergies to dairy or soy. This versatility allows it to be incorporated into various food products, including protein bars, shakes, and meat alternatives. As consumers increasingly prioritize health and nutrition, the appeal of pea protein continues to expand, driving market growth and innovation within the Global Pea Protein Industry.

Rising Demand for Plant-Based Proteins

The Global Pea Protein Industry experiences a notable surge in demand for plant-based proteins, driven by increasing consumer awareness regarding health and sustainability. As more individuals adopt vegetarian and vegan diets, the preference for plant-derived protein sources like pea protein intensifies. In 2024, the market is projected to reach 1.31 USD Billion, reflecting a growing inclination towards healthier dietary choices. This trend is further supported by the rising incidence of lifestyle-related diseases, prompting consumers to seek alternative protein sources that align with their health goals. The Global Pea Protein Industry is thus positioned to benefit from this shift towards plant-based nutrition.

Sustainability and Environmental Concerns

Sustainability plays a pivotal role in shaping the Global Pea Protein Industry, as consumers increasingly seek environmentally friendly food options. Pea protein production is associated with lower greenhouse gas emissions and reduced water usage compared to animal-based protein sources. This eco-friendly aspect resonates with environmentally conscious consumers, driving the demand for plant-based proteins. As awareness of climate change and sustainability issues grows, the Global Pea Protein Industry is likely to see accelerated growth, with projections indicating a compound annual growth rate (CAGR) of 11.87% from 2025 to 2035. This trend highlights the potential for pea protein to contribute positively to sustainable food systems.

Expansion of Food and Beverage Applications

The Global Pea Protein Industry is witnessing an expansion in the applications of pea protein across diverse food and beverage sectors. Manufacturers are increasingly incorporating pea protein into a variety of products, ranging from dairy alternatives to baked goods and snacks. This diversification not only enhances the nutritional value of these products but also caters to the growing demand for clean-label ingredients. As the market evolves, it is anticipated that the incorporation of pea protein will continue to rise, contributing to the projected market growth from 1.31 USD Billion in 2024 to an estimated 4.5 USD Billion by 2035. This trend underscores the adaptability of pea protein in meeting consumer preferences.

Market Segment Insights

Pea Protein Market Segment Insights

Pea Protein Market Segment Insights

Pea Protein Market Application Insights

Pea Protein Market Application Insights

The Application segment of the Pea Protein Market plays a pivotal role in determining the market's dynamics and growth potential, accounting for a significant share of the overall industry revenue.

By 2024, this segment is expected to be valued at 1.31 USD Billion and continue to grow, reflecting the rising popularity of plant-based proteins across various industries.

Pea Protein Market Form Insights

Pea Protein Market Form Insights

The Pea Protein Market is rapidly evolving, with projections estimating its value to reach 1.31 billion USD by 2024.

Within this market, the Form segment plays a crucial role due to its diverse applications in various industries, ranging from food and beverages to nutritional supplements and vegan products.

Pea Protein Market Source Insights

Pea Protein Market Source Insights

The Pea Protein Market is experiencing significant growth, particularly in the Source segment, which includes Yellow Pea, Green Pea, and Other Peas. The overall market is projected to be valued at 1.31 billion USD in 2024.

Yellow Pea and Green Pea play pivotal roles in this market, often leading in terms of production due to their high protein content and nutritional benefits.

Pea Protein Market End Use Insights

Pea Protein Market End Use Insights

The Pea Protein Market is projected to reach a valuation of 1.31 USD Billion in 2024, reflecting the growing consumer demand for plant-based protein sources.

In this expansive market, the End Use segment is highlighted by considerable interest in Vegan Products, Gluten-Free Products, and Meat Alternatives, which cater to the increasing number of health-conscious consumers.

Get more detailed insights about Pea Protein Market Research Report-Forecast to 2035

Regional Insights

The Pea Protein Market is experiencing noteworthy growth across various regions, with projections indicating a market value of 1.31 USD Billion in 2024, expanding to 4.5 USD Billion by 2035, driven by rising demand for plant-based proteins.

In North America, the market is valued at 0.46 USD Billion in 2024, and this region holds a significant share, expected to reach 1.54 USD Billion by 2035, highlighting its majority holding in the Pea Protein Market.

Europe follows closely with a valuation of 0.38 USD Billion in 2024, anticipated to grow to 1.36 USD Billion, as consumers increasingly shift towards healthier, sustainable food options.

The Asia Pacific region, valued at 0.28 USD Billion, demonstrates considerable potential with a projected growth to 1.01 USD Billion by 2035, largely fueled by an expanding population and increasing health consciousness.

South America's market stands at 0.13 USD Billion, expected to grow to 0.45 USD Billion, showing emerging trends in health and wellness. Meanwhile, the Middle East and Africa, though currently valued at 0.06 USD Billion, are witnessing a growing interest in plant-based dietary products, reaching 0.2 USD Billion by 2035.

The combined market insights reflect a significant upward trajectory across all regions, driven by consumer preferences for health-oriented protein sources and sustainability, setting a stable foundation for future growth within the Pea Protein Market.

Pea Protein Market Regional Insights

Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

Key Players and Competitive Insights

The Pea Protein Market is gaining momentum as a key player in the realm of plant-based protein alternatives. With the increasing consumer demand for vegetarian and vegan options, coupled with a rising awareness regarding health and wellness, the competitive landscape is evolving rapidly.

The market is characterized by innovations in production techniques, a wide variety of product offerings, and strategic partnerships among key players.

Companies are increasingly focusing on product development to meet diverse consumer preferences, fueling competition and market dynamics.

Manufacturers are becoming more adept at sourcing high-quality peas and optimizing extraction processes, which enhances their market positioning. Additionally, sustainability trends and the clean label movement are driving brands to enhance transparency in their sourcing and production methods.

As a result, businesses within this space must navigate a landscape filled with both established companies and emerging startups, each striving to capture market share and satisfy consumer demand for plant-based protein solutions.

Roquette Freres stands out in the Pea Protein Market with a strong commitment to innovation and quality. The company has established itself as a leading producer of plant-based proteins, emphasizing its extensive research and development capabilities.

Roquette Freres has a robust portfolio that includes a variety of pea protein products tailored for food and beverage applications, making it a go-to choice for food manufacturers seeking high-quality ingredients.

The company benefits from a global presence, with distribution capabilities that ensure consistent product availability across regions.

Its strengths lie not only in the superior quality of its pea protein but also in its sustainable practices, such as efficient sourcing, which resonates with eco-conscious consumers.

The company’s focus on enhancing consumer experiences through innovative solutions positions it favorably in a competitive market landscape.

Natural Nutrition, focusing specifically on the Pea Protein Market, has made significant strides in developing a range of plant-based protein products aimed at health and wellness-oriented consumers. This company offers a variety of pea protein formulations, catering to diverse dietary needs, including sports nutrition and general health supplements.

Natural Nutrition has a commendable market presence, bolstered by its dedication to producing high-quality, non-GMO pea protein that aligns with consumer preferences for clean and transparent labels.

Throughout its journey, the company has engaged in strategic partnerships and alliances that have expanded its product offerings and market reach, while also pursuing mergers and acquisitions to enhance its portfolio.

The strengths of Natural Nutrition lie in its ability to innovate and adapt to market trends, ensuring that its product lines remain relevant and appealing to a broad audience.

With a firm footing in the global market, the company continues to capitalize on the growth of plant-based dietary preferences while reinforcing its commitment to quality and sustainability.

Key Companies in the Pea Protein Market market include

Industry Developments

Recent developments in the Pea Protein Market indicate significant growth and expansion efforts among key players. Roquette Freres has increased its production capacity to meet rising demand, while Cargill is focusing on innovative methods to promote pea protein in various food applications.

Natural Nutrition has recently launched new pea protein products aimed at vegan consumers, reflecting the growing trend toward plant-based diets.

In terms of mergers and acquisitions, DuPont announced its acquisition of the pea protein business from a competitor in January 2023, aiming to strengthen its position in the plant-based protein sector.

The Green Labs LLC has also entered a strategic alliance with Ingredion in June 2023 to enhance the availability of pea protein ingredients to global markets.

The overall market valuation of companies in the industry has surged, with estimated annual growth rates of over 12% annual growth projected through 2026. This surge is influenced by increasing consumer demand for plant-based proteins, driven by health and sustainability trends.

In the last two to three years, companies like Axiom Foods have expanded their market presence through new partnerships and product launches, further solidifying the appeal of pea protein in the global food industry.

Future Outlook

Pea Protein Market Future Outlook

The Global Pea Protein Market is projected to grow at 11.87% CAGR from 2024 to 2035, driven by rising plant-based diets, health awareness, and sustainable sourcing.

New opportunities lie in:

Develop innovative pea protein-based snacks targeting health-conscious consumers. Expand distribution channels in emerging markets to capture new customer segments. Invest in R&D for enhanced processing techniques to improve product quality and functionality.

By 2035, the Pea Protein Market is expected to achieve robust growth, solidifying its position as a key player in the protein sector.

Market Segmentation

Pea Protein Market Form Outlook

{""=>["Yellow Pea"
"Green Pea"
"Other Peas"]}

Pea Protein Market Source Outlook

{""=>["Vegan Products"
"Gluten-Free Products"
"Meat Alternatives"]}

Pea Protein Market End Use Outlook

{""=>["North America"
"Europe"
"South America"
"Asia Pacific"
"Middle East and Africa"]}

Pea Protein Market Regional Outlook

North America
Europe
South America
Asia Pacific
Middle East and Africa

Pea Protein Market Application Outlook

{""=>["Isolates"
"Concentrates"
"Textured Pea Protein"]}

Report Scope

Report Attribute/Metric	Details
Market Size 2023	1.17(USD Billion)
Market Size 2024	1.31(USD Billion)
Market Size 2035	4.5(USD Billion)
Compound Annual Growth Rate (CAGR)	11.87% (2025 - 2035)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Base Year	2024
Market Forecast Period	2025 - 2035
Historical Data	2019 - 2024
Market Forecast Units	USD Billion
Key Companies Profiled	Roquette Freres, Natural Nutrition, Cargill, Dupont, The Green Labs LLC, Ingredion, Pea Protein Co, Batory Foods, Emsland Group, Pulse Protein, Vestkorn Milling, AgriProtein, NutraScience Labs, Axiom Foods, Protiwise
Segments Covered	Application, Form, Source, End Use, Regional
Key Market Opportunities	Plant-based diet trends, Rising demand for meat alternatives, Increasing health consciousness, Growth in vegan and vegetarian populations, Expanding applications in food products
Key Market Dynamics	rising plant-based diets, increasing health awareness, growing food allergies, sustainability concerns, demand for protein alternatives
Countries Covered	North America, Europe, APAC, South America, MEA

Market Highlights

Author

Snehal Singh

Assistant Manager - Research

She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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