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Textured Pea Protein Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share
Textured Pea Protein Market Outlook
The surged inclination of customers towards plant-based protein is bolstering the expansion of the textured pea protein market. There has been a notable surge in the popularity of plant-based diets like vegan, vegetarian, and flexitarian in recent times. The textured pea protein components boast one of the highest protein levels globally, supplemented by a pleasing flavor and appealing texture. To illustrate, in January 2023, the Plant Based Foods Association, a US-based trade association, revealed that in 2022, plant-based food sales experienced a 6.6% growth to reach $8 billion. Consequently, the growing consumer interest in plant-based proteins is fueling the surge of the textured pea protein market.
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What growth opportunities are expected to drive the textured pea protein market's CAGR through 2034?
In recent years, the textured pea protein industry has experienced robust growth. The market size is predicted to rise from $0.63 billion in 2024 to $0.69 billion in 2025, reflecting a compound annual growth rate (CAGR) of 9.2%. The historic growth can be linked to factors such as a surge in plant-based protein demand, heightened consumer consciousness regarding health and nutrition, an increase in lactose intolerance and allergies, the growing prevalence of vegetarian and vegan diets, and enhancements in the taste and texture of textured pea protein items.
The market size for textured pea protein is anticipated to experience robust growth in the coming years, with predictions estimating a rise to $1 billion by 2029, presenting a compound annual growth rate (CAGR) of 9.6%. Factors contributing to this growth across the forecasted period include increased adoption of clean label and natural ingredients, governmental support and clearance for pea protein, enhanced focus on ethical and sustainable sourcing methods, rising customer interest in fitness and sports nutrition, and market expansion in emerging economies. Key trends during this forecasted period consist of technological progress in protein extraction and processing, product formula and application innovations, enhancements in texture and taste, expanded functional benefits beyond protein, and the enrichment and fortification of nutrition.
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What are the emerging trends shaping the future of the textured pea protein market?
The introduction of organic pea protein isolate in the textured pea protein market is a trending development. Major firms active in this sector are concentrated on bringing organic pea protein to the market due to increasing consumer preference for organic protein products. For instance, Royal DSM, a health, nutrition, and materials science company based in the Netherlands, launched Vertis Textured Pea Canola Protein in December 2022. This plant-based protein is a revolutionary product as it encompasses all nine vital amino acids, earning the title of a complete protein. Merging pea protein with Vertis CanolaPRO protein isolate, the new product is void of soy, gluten, and dairy.
Which growth-oriented segments of the textured pea protein market are leading the industry's development?
The textured pea protein market covered in this report is segmented -
1) By Product Type: Yellow Peas, Green Peas
2) By Nature: Organic, Conventional
3) By Processing Type: Dry Processing, Wet Processing
4) By End Use: Food Processing, Animal Feed, Nutraceuticals, Sports Nutrition, Infant Nutrition, Cosmetic And Personal Care, Other End-users
Subsegments:
1) By Yellow Peas: Textured Yellow Pea Protein Isolate, Textured Yellow Pea Protein Concentrate, Textured Yellow Pea Protein Flour
2) By Green Peas: Textured Green Pea Protein Isolate, Textured Green Pea Protein Concentrate, Textured Green Pea Protein Flour
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What regions are leading the charge in the textured pea protein market?
North America was the largest region in the textured pea protein market in 2024. Europe was the second-largest market in the textured pea protein market. The regions covered in the textured pea protein market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What companies are at the forefront of innovation in the textured pea protein market?
Major companies operating in the textured pea protein market include Roquette Freres SA, Puris Foods LLC, Burcon Nutrascience Corporation, Nisco ApS, Sotexpro SAS, Exeller NV, Vestkorn Milling AS, Nutri-Pea Ltd., Cosucra Groupe Warcoing SA, Scoular Grain Company, Axiom Foods Inc., Alliance Grain Traders Foods, The Green Labs LLC, DuPont Nutrition & Biosciences, Shandong Jianyuan Foods Co. Ltd., Kerry Group plc, Emsland Group, Yantai Shuangta Food Co. Ltd., Yantai Oriental Protein Tech Co. Ltd., Shandong Zhaoyuan Food Company, Shandong Huatai Food Co. Ltd., Ingredion Inc., Fenchem Inc., A&B Ingredients, Farbest Brands, Glanbia Nutritionals Plc, Martin & Pleasance Wholesale Pty Ltd., Now Health Group Inc., Prinova Group, Shaanxi Fuheng Biotechnology Co. Ltd.
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What Is Covered In The Textured Pea Protein Global Market Report?
•Market Size Forecast: Examine the textured pea protein market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the textured pea protein market for a structured understanding.
•Key Players Overview: Analyze major players in the textured pea protein market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the textured pea protein market.
•Segment Contributions: Evaluate how different segments drive overall growth in the textured pea protein market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the textured pea protein market.
•Industry Challenges: Identify potential risks and obstacles affecting the textured pea protein market.
•Competitive Landscape: Review strategic developments in the textured pea protein market, including expansions, agreements, and new product launches.
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