The global market for pea protein is poised for significant growth, driven by increasing consumer demand for naturally sourced supplements and health & wellness products. The consumption of pea protein is also rising due to its inclusion in convenient and ready-to-eat food items, further fueling the market’s expansion.The global market for pea protein is set to experience substantial growth, with a projected market value of $1.2 billion in 2024, expected to reach $1.91 billion by 2031, reflecting a CAGR of 6.90%.
The rapid urbanization across the globe has led to higher economic standards, increased purchasing power, and a shift in consumer preferences towards healthier food products. In metropolitan areas, consumers are increasingly opting for natural and organic food options. Additionally, growing awareness of non-GMO and chemical-free foods is driving the demand for naturally sourced protein powders in the global market.
The global demand for protein and nutrition-rich products is on the rise, driven by the growing population and the increasing number of health-conscious consumers. Proteins can be derived from various sources, including animal-based, dairy, and plant-based ingredients. Among these, pea proteins stand out as they are naturally gluten-free and lactose-free. The rising prevalence of lactose intolerance and the growing demand for gluten-free products are expected to bolster the sales of pea protein in the global market. Consumers seeking vegan protein isolates to meet their nutritional needs are contributing significantly to this trend.
2. Veganism as a Global Trend
Veganism is gaining traction in various regions, particularly in Europe and North America. An increasing number of people are adopting a vegan lifestyle, which emphasizes the consumption of plant-based products. This trend is also emerging in other parts of the world, including East Asia and South Asia. As the popularity of veganism grows, the demand for pea protein is expected to rise, as it serves as an excellent source of nutrition for vegan and vegetarian consumers. For these consumers, nutrition remains a top priority, and they often turn to pea proteins to meet their dietary needs. This trend is expected to drive the growth of the pea protein market on a global scale.
3. Rising Acceptance of Pea Protein
Pea protein is derived from whole yellow peas, which are known for their high protein content and other essential nutrients. The process of extracting pea protein from yellow split peas involves the production of a dry, natural supplement that is rich in muscle-building components. Yellow peas are increasingly being cultivated for this purpose, and pea protein has gained attention for its environmentally friendly characteristics. Unlike some other plant-based proteins, pea protein is produced without any allergenic foods such as milk or eggs, making it a popular choice among consumers.
As awareness of pea protein’s benefits continues to grow, its relevance and acceptance around the world are expected to increase. This heightened awareness is likely to boost the demand for pea protein in the global market.
4. Allergen-Free Consumer Market
Pea protein is recognized as a non-allergenic ingredient, as it is naturally lactose-free and gluten-free. With the rising prevalence of lactose intolerance and gluten sensitivity, there is a growing demand for allergen-free products. Vegan consumers, in particular, rely on plant-based proteins like pea protein to meet their daily nutritional needs. As a result, the demand for pea protein isolates is expected to increase, presenting a significant growth opportunity for manufacturers. The relatively low allergenicity of peas makes pea protein an attractive option for a wide range of consumers, further driving its popularity in the market.
5. Threat of Substitute Products
Despite its numerous benefits, pea protein does not have a complete amino acid profile, which is essential for human nutrition. Additionally, pea protein contains a relatively high amount of carbohydrates, prompting some consumers to explore alternative protein sources. Manufacturers are responding to this by developing new products using substitutes such as brown rice and casein proteins. This growing awareness of alternative proteins is a potential challenge for the pea protein market, as it may limit its growth and prevent it from reaching its full potential.
The pea protein market is expected to experience substantial growth in the European region, with the United Kingdom leading the charge. The demand for plant-based protein in Europe is on the rise, particularly due to its high content of arginine, an amino acid known to help reduce blood pressure.
2. India
In South Asia and the Pacific, India is emerging as a significant player in the pea protein market. The rising health consciousness among consumers is a major driver of this growth. The Indian market has been expanding rapidly, and it is expected to continue its upward trajectory in the coming years.
The demand for pea protein isolates is increasing in the cosmetics and personal care industry, where it is used in the production of various beauty products. Pea protein is rich in phytonutrients and antioxidants, making it a valuable ingredient in skincare and haircare formulations. The use of amino acids derived from peas in these products is also contributing to the growth of the pea protein market within this industry.
2. Most Demanded Form
Among the different forms of pea protein, isolates are the most in demand. Isolates are favored for their high protein content and are commonly included in dietary regimes to enhance nutrition. This preference for isolate forms of protein is driving the growth of the pea protein market.
1. DuPont de Nemours Inc.
DuPont has made significant strides in the development of plant-based protein products. The company has expanded its product line to include new plant protein nuggets, which are part of its TRUPRO 2000 Pea Protein range. DuPont’s commitment to innovation is exemplified by the establishment of the Bay Area Innovation Center, which focuses on agricultural biotechnology and technological development.
2. Axiom Foods Inc.
Axiom Foods introduced an innovative product, Vegotein MA, which serves as a non-GMO pea protein analogue. This product, launched in the U.S., is designed as a meat replacement and extender, offering an alternative to soy and wheat gluten. Vegotein MA not only increases protein content but also aligns with consumer preferences for non-GMO products.
3. Aminola
Aminola specializes in vegetable proteins, offering a range of protein ingredient products including pea protein concentrates and isolates. The company is dedicated to providing sustainable alternatives to animal proteins, contributing to the growth of the pea protein market.
4. A&B Ingredients
A&B Ingredients has expanded its pea protein offerings with the introduction of PisaneR B9, a new pea protein isolate. This product is designed to meet the needs of manufacturers of high-protein baked goods and snacks, further diversifying the applications of pea protein in the food industry.
This product will be delivered within 1-3 business days.
Pea Protein Consumption Analysis
Over the past few years, the global pea protein market has witnessed steady growth. A key factor contributing to this trend is the growing consumer awareness and preference for naturally sourced health products. The demand for textured protein, especially in convenient food items, has also played a crucial role in boosting the market's growth. The booming supplement sector and the increasing desire for naturally sourced healthcare products have further propelled the demand for pea protein worldwide. As organic product consumption rises, consumers are becoming more conscious of the benefits of organic and naturally sourced products, which is expected to drive the sales of pea protein even further.The rapid urbanization across the globe has led to higher economic standards, increased purchasing power, and a shift in consumer preferences towards healthier food products. In metropolitan areas, consumers are increasingly opting for natural and organic food options. Additionally, growing awareness of non-GMO and chemical-free foods is driving the demand for naturally sourced protein powders in the global market.
Key Market Trends
1. Increasing Demand for Lactose-Free and Gluten-Free ProductsThe global demand for protein and nutrition-rich products is on the rise, driven by the growing population and the increasing number of health-conscious consumers. Proteins can be derived from various sources, including animal-based, dairy, and plant-based ingredients. Among these, pea proteins stand out as they are naturally gluten-free and lactose-free. The rising prevalence of lactose intolerance and the growing demand for gluten-free products are expected to bolster the sales of pea protein in the global market. Consumers seeking vegan protein isolates to meet their nutritional needs are contributing significantly to this trend.
2. Veganism as a Global Trend
Veganism is gaining traction in various regions, particularly in Europe and North America. An increasing number of people are adopting a vegan lifestyle, which emphasizes the consumption of plant-based products. This trend is also emerging in other parts of the world, including East Asia and South Asia. As the popularity of veganism grows, the demand for pea protein is expected to rise, as it serves as an excellent source of nutrition for vegan and vegetarian consumers. For these consumers, nutrition remains a top priority, and they often turn to pea proteins to meet their dietary needs. This trend is expected to drive the growth of the pea protein market on a global scale.
3. Rising Acceptance of Pea Protein
Pea protein is derived from whole yellow peas, which are known for their high protein content and other essential nutrients. The process of extracting pea protein from yellow split peas involves the production of a dry, natural supplement that is rich in muscle-building components. Yellow peas are increasingly being cultivated for this purpose, and pea protein has gained attention for its environmentally friendly characteristics. Unlike some other plant-based proteins, pea protein is produced without any allergenic foods such as milk or eggs, making it a popular choice among consumers.
As awareness of pea protein’s benefits continues to grow, its relevance and acceptance around the world are expected to increase. This heightened awareness is likely to boost the demand for pea protein in the global market.
4. Allergen-Free Consumer Market
Pea protein is recognized as a non-allergenic ingredient, as it is naturally lactose-free and gluten-free. With the rising prevalence of lactose intolerance and gluten sensitivity, there is a growing demand for allergen-free products. Vegan consumers, in particular, rely on plant-based proteins like pea protein to meet their daily nutritional needs. As a result, the demand for pea protein isolates is expected to increase, presenting a significant growth opportunity for manufacturers. The relatively low allergenicity of peas makes pea protein an attractive option for a wide range of consumers, further driving its popularity in the market.
5. Threat of Substitute Products
Despite its numerous benefits, pea protein does not have a complete amino acid profile, which is essential for human nutrition. Additionally, pea protein contains a relatively high amount of carbohydrates, prompting some consumers to explore alternative protein sources. Manufacturers are responding to this by developing new products using substitutes such as brown rice and casein proteins. This growing awareness of alternative proteins is a potential challenge for the pea protein market, as it may limit its growth and prevent it from reaching its full potential.
Country-Wise Insights
1. United KingdomThe pea protein market is expected to experience substantial growth in the European region, with the United Kingdom leading the charge. The demand for plant-based protein in Europe is on the rise, particularly due to its high content of arginine, an amino acid known to help reduce blood pressure.
2. India
In South Asia and the Pacific, India is emerging as a significant player in the pea protein market. The rising health consciousness among consumers is a major driver of this growth. The Indian market has been expanding rapidly, and it is expected to continue its upward trajectory in the coming years.
Category-Wise Insights
1. Cosmetics & Personal Care IndustryThe demand for pea protein isolates is increasing in the cosmetics and personal care industry, where it is used in the production of various beauty products. Pea protein is rich in phytonutrients and antioxidants, making it a valuable ingredient in skincare and haircare formulations. The use of amino acids derived from peas in these products is also contributing to the growth of the pea protein market within this industry.
2. Most Demanded Form
Among the different forms of pea protein, isolates are the most in demand. Isolates are favored for their high protein content and are commonly included in dietary regimes to enhance nutrition. This preference for isolate forms of protein is driving the growth of the pea protein market.
Competitive Analysis
Leading manufacturers in the pea protein market are heavily investing in research and development, innovation, and expansion efforts to produce high-quality products and explore new applications for vegetable-based proteins. These companies are also focusing on enhancing their operational capabilities and expanding their product offerings to meet the growing demand for pea protein.1. DuPont de Nemours Inc.
DuPont has made significant strides in the development of plant-based protein products. The company has expanded its product line to include new plant protein nuggets, which are part of its TRUPRO 2000 Pea Protein range. DuPont’s commitment to innovation is exemplified by the establishment of the Bay Area Innovation Center, which focuses on agricultural biotechnology and technological development.
2. Axiom Foods Inc.
Axiom Foods introduced an innovative product, Vegotein MA, which serves as a non-GMO pea protein analogue. This product, launched in the U.S., is designed as a meat replacement and extender, offering an alternative to soy and wheat gluten. Vegotein MA not only increases protein content but also aligns with consumer preferences for non-GMO products.
3. Aminola
Aminola specializes in vegetable proteins, offering a range of protein ingredient products including pea protein concentrates and isolates. The company is dedicated to providing sustainable alternatives to animal proteins, contributing to the growth of the pea protein market.
4. A&B Ingredients
A&B Ingredients has expanded its pea protein offerings with the introduction of PisaneR B9, a new pea protein isolate. This product is designed to meet the needs of manufacturers of high-protein baked goods and snacks, further diversifying the applications of pea protein in the food industry.
Key companies profiled
- Ingredion Incorporated
- Cargill Incorporated
- DuPont de Nemours Inc.
- AGT Food and Ingredients
- Glanbia Plc
- Axiom Foods Inc.
- Roquette Frères
- The Green Labs LLC
- Bioway (Xi'an) Organic Ingredients Co. Ltd
- The Scoular Company
- NOW Health Group Inc.
- Aminola
- A&B Ingredients
- Vestkorn Milling AS
- Gemef Industries
- Greenway Organics (Tianjin) Co. Ltd
- Phyto-Therapy Pty Ltd
- PURIS
- Maxsun Industries Inc
- Farbest Brands
Pea Protein Market Industry Research by Category
By Nature:
- Organic
- Conventional
By Form:
- Isolates
- Concentrates
- Hydrolysate
By End Use:
- Food & Beverage Industry
- Bakery & Confectionery
- Snacks & Cereals
- Meat Additives
- Beverages
- Dietary Supplements
- Animal Feed Industry
- Cosmetics & personal Care Industry
- Pharmaceuticals
By Region:
- North America
- Latin America
- Europe
- South Asia & Pacific
- East Asia
- Middle East & Africa
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Market Overview
3. Production Output and Trade Statistics, 2019-2023
4. Price Analysis, 2019-2023
5. Global Pea Protein Market Outlook, 2019-2031
6. North America Pea Protein Market Outlook, 2019-2031
7. Europe Pea Protein Market Outlook, 2019-2031
8. Asia Pacific Pea Protein Market Outlook, 2019-2031
9. Latin America Pea Protein Market Outlook, 2019-2031
10. Middle East & Africa Pea Protein Market Outlook, 2019-2031
11. Competitive Landscape
12. Appendix
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Ingredion Incorporated
- Cargill Incorporated
- DowDuPont
- AGT Food And Ingredients
- Farbest Brands
- Roquette Frères
- Glanbia Plc.
- The Green Labs LLC
- Bioway (Xi'an) Organic Ingredients Co. Ltd.
- The Scoular Company
- Axiom Foods, Inc.
- NOW Health Group, Inc.
- Aminola
- Maxsun Industries Inc
- Vestkorn Milling AS
- Gemef Industries
- A&B Ingredients
- Greenway Organics (Tianjin) Co., Ltd.
- Phyto-Therapy Pty Ltd
- Puris
Methodology
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