openPR Logo
Press release

Pea Protein Market Worth $1.14 Billion by 2029 - Exclusive Report by Meticulous Research®

06-03-2022 04:42 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Meticulous Research®

/ PR Agency: Meticulous Research
According to a new market research report titled, "Pea Protein Market by Type (Pea Protein Isolate, Pea Protein Concentrate, Pea Flour), Source (Yellow Pea, Green Pea), Source Process (Conventional, Organic), Application (Nutritional Supplements, Meat Alternatives) -Global Forecast to 2029", the pea protein market is expected to reach $1.14 billion by 2029, at a CAGR of 15.7% during the forecast period of 2022 to 2029. In terms of volume, global pea protein market is expected to grow at a CAGR of 12.7% from 2022 to 2029 to reach 4.68 million tons by 2029.

Download Free Sample Report Now @ https://www.meticulousresearch.com/download-sample-report/cp_id=5054

Over the past decade, there has been an increased interest in varying protein options. The pea protein market, along with other plant-based protein substitutes to animal protein, has been growing for several years as consumers across the globe become more health-conscious. However, animal proteins and soybean proteins continue to dominate the global protein ingredients markets.

Pea protein is increasingly becoming a competitor to alternative protein crops, such as soy and wheat. The increasing interest in pea protein is primarily attributed to its unique benefits over other sources such as animal protein or other plant-based sources, including their sustainable production, low allergenicity, and health benefits of eating a pea protein-based diet. Also, a growing number of millennial consumers are looking for simpler labels, delicious taste, and alternative protein sources to accommodate personalized nutritional choices that could accelerate the growth of the pea protein market.

Increasing focus on sustainable eating during the COVID-19 pandemic to drive pea protein market growth

A healthy eating trend is gaining traction and inducing interest, which is significantly driving healthful products formulation. Pea proteins are emerging as a driving ingredient in the formation of alternative dairy and meat industry and health supplements due to their natural high protein content with other nutritional qualities and comparatively low price than other novel proteins. In response to the COVID-19 pandemic, there is a rise in smart eating. Consumers are increasingly demanding new and sustainable eating practices that offer immunity-boosting benefits as a preventive measure. The pea protein-based food industry is seeing a rapid surge in demand for products containing immune-boosting protein ingredients. Pea protein is gaining popularity to add nutrients to products; replace allergens such as wheat, dairy, and egg; and help keep gluten-free items together.

Speak to our Analysts to Understand the Impact of COVID-19 on Your Business: https://www.meticulousresearch.com/speak-to-analyst/cp_id=5054

According to the International Food Information Council's (IFIC) 2020 Food and Health Survey, in 2020, 41% of dieters increased protein consumption from plant sources, and 28% of respondents eat more plant-based meat alternatives. 70% of consumers responded that protein from plant sources is healthiest. Thus, the rising demand for pea protein-based products in response to sustainable eating during the pandemic is expected to boost market growth.

However, many manufacturers see short-term COVID-19 impacts such as a slowdown in new product launches; lower sales in restaurants and cafeterias; supply chain disruptions, investment dependency, and interrupted consumer research.
The global pea protein market is segmented based on type, source, source process, processing method, form, application, and geography. The study also evaluates industry competitors and analyses the market at a country level.

Based on type, the pea protein market is divided into pea protein isolates, pea protein concentrates, textured pea protein, pea protein hydrolysate, pea flour, and other pea protein. Pea protein isolates are estimated to account for the largest share of the overall pea protein market in 2022. The large share of this segment is mainly attributed to its high protein content and high emulsification and stability properties and increased application areas such as high-performance nutrition and snack products. This segment is also expected to grow at the fastest CAGR during the forecast period due to increasing demand from plant-based product manufacturers.

Based on source, the pea protein market is segmented into yellow pea and green pea. In 2022, the yellow pea protein segment is estimated to account for the largest share of the overall pea protein market, as it has an excellent source of protein, key constituents for pea protein isolates, and a huge production base. This segment is also expected to grow at the fastest CAGR during the forecast period.

Based on source process, the pea protein market is segmented into organic and conventional pea protein. The conventional pea protein segment is estimated to account for the largest share of the overall pea protein market in 2022. However, the organic pea protein ingredients segment is expected to grow at the highest CAGR during the forecast period. The rapid growth of this segment is mainly attributed to growing organic products sales statistics, the rising trend of clean label products, and the increasing number of certified organic pea produce farms.

Based on processing method, the pea protein market is segmented into dry and wet processing. In 2022, the dry processing segment is estimated to account for the largest share of the overall pea protein market. The large share of this segment is mainly attributed to low capital requirement, lower energy, and water consumption compared to wet extraction, and high demand from food and beverage manufacturers. However, the wet processing segment is expected to grow at the highest CAGR during the forecast period. This process helps obtain higher yield and purity than the dry processing method.

Based on form, the pea protein market is segmented into dry and liquid. In 2022, the dry segment is estimated to account for the largest share of the overall pea protein market. The segment's major share is mainly attributed to the dry protein ingredients higher demand due to the ease of handling & transportation, cost-effectiveness, and the ability to avoid costly formulation errors and maintain the ingredients' stability. However, the liquid segment is expected to grow at the highest CAGR during the forecast period.

Based on application, the pea protein market is segmented into nutrition and health supplements, meat and alternative meat products, bakery products, dairy and dairy alternatives, cereals and snacks, beverages, pet food, and others. The nutrition and health supplements segment is estimated to account for the largest share of the overall pea protein market in 2022. However, the meat and alternative meat products segment is expected to witness rapid growth during the forecast period. The rapid growth of this market is mainly attributed to growing veganism, increasing new product launches, and rising animal diseases.

To gain more insights into the market with a detailed table of content and figures, click here: https://www.meticulousresearch.com/product/pea-protein-market-5054

Geographically, the pea protein market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2022, North America is estimated to account for the largest share of the overall pea protein market. North America's prominent position in the pea protein market is primarily attributed to the well-established food and beverage industry, rising concerns over animal products and protein, increasing vegan population, growing preference for meat alternatives, increasing demand for healthy & nutritional products, huge pea production, and large presence of pea protein manufacturers. However, the Asia-Pacific region is expected to grow at the highest CAGR during the forecast period.

The key players operating in the global pea protein market are Roquette Freres Le Romarin (France), AGT Food and Ingredients Inc. (Canada), and Cargill, Incorporated (U.S.), Ingredion Inc. (U.S.), Archer Daniels Midland Company (U.S.), E.I. Du pont de Nemours and Company (U.S.), Axiom Foods Inc. (U.S.), Burcon NutraScience Corporation (Canada), Glanbia Plc. (Ireland), Cosucra Groupe Warcoing SA (Belgium), Sotexpro (France), Farbest Brands (U.S.), Shandong Jianyuan Foods Co., Ltd. (China), The Emsland Group (Germany), and Nutri-Pea Ltd. (Canada).

Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe : +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com
Visit Our Website: https://www.meticulousresearch.com/
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research

We are the trusted research partners for leading businesses around the world, providing market intelligence focused towards building revenue transformation strategies. Our research is used by Fortune 500 organizations to attain success by scouting next generation revenue opportunities well ahead of their competition.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Pea Protein Market Worth $1.14 Billion by 2029 - Exclusive Report by Meticulous Research® here

News-ID: 2644762 • Views:

More Releases from Meticulous Research®

Kombucha Market to Reach $12.36 Billion by 2032 Driven by Health Trends
Kombucha Market to Reach $12.36 Billion by 2032 Driven by Health Trends
The global kombucha market is experiencing strong growth, driven by increasing consumer focus on health, wellness, and functional beverages. Valued at $2.98 billion in 2024, the market is projected to reach $12.36 billion by 2032, growing at a CAGR of 19.9% during the forecast period from 2025 to 2032. The demand surge is largely attributed to growing awareness about gut health, the popularity of fermented beverages, and a shift toward
Warehouse Robotics Market to Reach $15.1 Billion by 2032 at 14.4% CAGR
Warehouse Robotics Market to Reach $15.1 Billion by 2032 at 14.4% CAGR
The global warehouse robotics market has entered a phase of remarkable growth, driven by the increasing adoption of automation across industries. Valued at USD 5.2 billion in 2024, the market is projected to reach USD 15.1 billion by 2032 from USD 5.9 billion in 2025, growing at a CAGR of 14.4% during the forecast period (2025-2032). The demand for faster, more accurate, and cost-effective warehouse operations, combined with the expansion
Food Coating Market to Reach $5.92 Billion by 2032 at 6.8% CAGR
Food Coating Market to Reach $5.92 Billion by 2032 at 6.8% CAGR
Food Coating Market Overview The global food coating market was valued at USD 3.51 billion in 2024 and is projected to reach USD 5.92 billion by 2032 from USD 3.74 billion in 2025, growing at a CAGR of 6.8% during the forecast period (2025-2032). The market's growth is primarily driven by the rising demand for processed and convenience foods, increasing preference for nutritious and healthy coated food products, and continuous advancements
Barcode Scanners Market to Reach $4.73 Billion by 2032
Barcode Scanners Market to Reach $4.73 Billion by 2032
The barcode scanners market, valued at USD 2.70 billion in 2024, is projected to reach USD 4.73 billion by 2032 from an estimated USD 2.81 billion in 2025, growing at a CAGR of 7.7% during 2025-2032. This growth is largely driven by the expanding use of barcode scanners across industries such as healthcare, retail, logistics, and manufacturing. Increasing government initiatives promoting digital transformation and the rising demand for efficient data

All 5 Releases


More Releases for Pea

A Pea That Stole the Show Introducing Charlie McGhee and the Mischievous Pea
Image: https://www.globalnewslines.com/uploads/2025/02/1739557683.jpg Have you ever thought about what will happen when an ordinary meal turns into an extraordinary adventure? Perhaps when the food on your plate suddenly starts to act strange. In Charlie McGhee and the Mischievous Pea [https://www.amazon.com/dp/196684087X/], the story is not so different. It all starts when a simple pea decides it doesn't want to stay on the plate, leading young readers on a hilarious, action-packed journey through bustling streets,
Pea Starch Market Doubtless to Enhance Future Progress with Cosucra, Nutri-Pea, …
Global Pea Starch Market by Player, Region, Type, Application and Sales Channel is the latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities, and leveraging strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global Pea Starch Market. Some of the key players profiled in the study are Roquette,
Pea Protein Ingredients Market Prospects, Consumption, Cost Structure, Competiti …
The food industry is continuously searching for healthier and cheaper protein ingredients that can be replaced by animal-based and gluten-based proteins. Pea protein is beneficial due to its low allergenicity, availability, and high nutritional value. The Global Pea Protein Ingredients Market is witnessing a major rise in its revenue from US$ 2.35 Bn in 2021 to US$ 6.78 Bn by 2030. The market is recording a CAGR of 12.5% during
Pea Protein And Pea Protein Powder Market Scope of The Report & In-depth Methodo …
The latest Release from "Stratagem Market Insights" is titled "Pea Protein And Pea Protein Powder Market Research Report 2022-2030", This Market report offers qualitative and quantitative insights as well as a thorough examination of the market size and expansion rate of all potential market segments. The report has been put together using primary and secondary research methodologies, which offer an exact and detailed understanding of the market. The research report
Pea Fiber Market Inclinations Exhibit Growing Demand during the Period until 202 …
The new report on the pea fiber market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2014 – 2018. This highly favorable growth of the pea protein creates a highly conducive environment for the associated pea fiber market, which is expected to exhibit a promising CAGR of ~8% during the forecast period (2019-2029. The business intelligence
Organic Pea Protein Industry:
This report, provides forecast and analysis of the global Organic pea protein market. It provides actual data of 2017 along with estimated data of 2018, and forecast data up to 2026 in terms of revenue (US$ Mn) and volume (MT). The report includes share of top pea producing countries in the world, export/import volume and value of Pea of top exporting and importing countries and industry value chain analysis.