Press release
2025-2034 Textured Pea Protein Market Roadmap: Insights for Competitive Advantage
Textured Pea Protein
How Large Will the Textured Pea Protein Market Size By 2025?
In recent times, there has been a substantial increase in the value of the textured pea protein market. The market's worth is anticipated to rise from $0.63 billion in 2024 to $0.69 billion in 2025, marking an impressive compound annual growth rate (CAGR) of 9.2%. This growth in the past period can be credited to a boosted demand for plant-based proteins, an increase in consumer consciousness about health and nutrition, a surge in cases of lactose intolerance and allergies, the proliferation of vegetarian and vegan diets, and enhancements in the taste and texture of textured pea protein products.
How Big Is the Textured Pea Protein Market Size Expected to Grow by 2029?
The market size for textured pea protein is anticipated to exhibit substantial growth in the upcoming years, reaching an impressive $1 billion by 2029 with a CAGR of 9.6%. This projected growth for the period comes on the back of trends such as a growing preference for clean and natural ingredients, endorsements and support from regulatory bodies for pea protein, heightened emphasis on sustainable and ethical sourcing practices, increased consumer interest in sports nutrition and fitness, and breakthrough in emerging economies. Key trends for the forecast period encompass technological progress in protein extraction and processing, product formulation and application innovation, enhancing texture and mouthfeel, extending functional benefits beyond just protein, and enriching and fortifying nutrition.
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Which Key Market Drivers Powering Textured Pea Protein Market Expansion and Growth?
The escalating consumer appeal in plant-derived proteins is fuelling the expansion of the textured pea protein market. Over the past few years, consumers' intrigue with plant-based diets has markedly surged, with diets like vegan, vegetarian, and flexitarian becoming increasingly common. The protein content of textured pea protein components is one of the highest worldwide, offering a savory flavor and appealing texture. For instance, in January 2023, the Plant Based Foods Association, an organization based in the US, revealed that the sales of plant-based foods increased by 6.6% to $8 billion in 2022. Thus, the emerging consumer interest in plant-based proteins is driving the growth of the textured pea protein market.
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Which Fast-Growing Trends Are Poised to Disrupt the Textured Pea Protein Market?
The introduction of organic pea protein isolate is a rising trend in the textured pea protein market. Numerous main businesses operating in this field are prioritizing the unveiling of organic pea protein to satiate the increasing customer demand for such products. For example, Royal DSM, a global science company located in the Netherlands and specializing in health, nutrition, and materials, declared in December 2022 that it would initiate the Vertis Textured Pea Canola Protein. It is a revolutionary plant-based protein and the first one ever to possess all nine vital amino acids, qualifying it as a full protein. This pioneering component mingles pea protein with Vertis CanolaPRO protein isolate, making the end product free from soy, gluten, and dairy.
What Are the Emerging Segments in the Textured Pea Protein Market?
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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Who Are the Global Leaders 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.
Which are the Top Profitable Regional Markets for the Textured Pea Protein Industry?
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.
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