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Rising Demand for Plant-Based Protein Boosts Pea Protein Ingredients Market: Key Insights, Market Overview, and Forecast 2025 - 2033
Pea Protein Ingredients Market
What Is The Projected Market Size Of The Global Pea Protein Ingredients Market And Its Growth Rate?
The global pea protein ingredients market has seen robust growth and is set to continue expanding:
• Market size in 2025: $1.96 billion
• Market size in 2025: $2.09 billion, with a CAGR of 6.9%
• Predicted market size in 2029: $2.92 billion, with a CAGR of 8.7%
The market's growth can be attributed to the rising health consciousness among consumers, increasing demand for meat alternatives and protein-rich foods, and the growing preference for plant-based protein sources.
What Is Driving The Growth In The Pea Protein Ingredients Market?
The growing popularity of vegetarian and vegan diets is a significant factor propelling the pea protein ingredient market's growth. As pea protein ingredients are derived from plant sources, they serve as a versatile and sustainable option for meeting vegetarian and vegan consumers' protein needs. For instance, a report published by The Plant-Based Foods Association reported that plant-based foods accounted for $8 billion in U.S. retail sales in 2022, up from $7.5 billion in 2021. This rising popularity of plant-based diets is driving the growth of the pea protein ingredient market.
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Who Are the Key Players Driving Pea Protein Ingredients Market Growth?
Major companies operating in the pea protein ingredients market include:
• Cargill Incorporated
• Agridient Inc.
• Axiom Foods Ltd.
• Norben Company Inc.
• Nutri Pea Ltd.
• Burcon NutraScience Corporation
• Cosucra Groupe Warcoing SA
• A & B Ingredients Inc.
• Shandong Jianyuan Foods Co. Ltd.
• Archer Daniels Midland Company
• Fenchem SA
• Kerry Group plc
• Prinova Group LLC
• Batory Foods Inc.
• PLT Health Solutions
• Glanbia plc
• AGT Food & Ingredients Inc.
• World Food Processing LLC
• Yantai T. Full Biotech Co. Ltd.
• Suzhou Wanshen Flour Products Co. Ltd.
• Ingredion Incorporated
• Cambridge Commodities Inc.
• Consucra-Groupe Warcoing SA
• Roquette Freres Le Romarin SA
• Green Labs LLC
• GEMEF Industries
• Puris Proteins LLC.
• Tate & Lyle Inc.
• Emsland-Starke Gmbh
• DuPont de Nemours Inc.
What Are The Key Trends In The Pea Protein Ingredients Market?
Key trends in the pea protein ingredients market include:
• Innovation in product development
• Rise in plant-based meat alternatives
• Customized protein blends
• Clean-label packaging and marketing
• Growth of sports nutrition and supplements
What Are The Segments Of The Global Pea Protein Ingredients Market?
The global pea protein ingredients market is segmented by:
1) Type: Isolates, Concentrates, Other Types
2) Source: Yellow Split Peas, Chickpeas, Lentils
3) Application: Bakery and Snacks, Dietary Supplements, Beverages, Meat Substitutes, Other Applications
Which Region Leads The Pea Protein Ingredients Market?
North America was the largest region in the pea protein ingredients market in 2025. However, the fastest-growing region is expected to be Asia-Pacific. The report includes insights into the pea protein ingredients market in Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Pea Protein Ingredients Market Global Market Report?
- Market Size Analysis: Analyze the Pea Protein Ingredients Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Pea Protein Ingredients Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Pea Protein Ingredients Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Pea Protein Ingredients Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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