Pea Protein Market Size, Share and Industry Report | 2025-2034

Pea Protein Market Outlook

According to the report by Expert Market Research (EMR), the global pea protein market attained a value of around USD 2417.46 million in 2024. The market is projected to grow at a compound annual growth rate (CAGR) of 20.10% between 2025 and 2034, reaching a projected value of USD 15093.48 million by 2034. The rapid growth of the market is primarily driven by the increasing demand for plant-based protein sources, growing health awareness among consumers, and the expansion of vegan and vegetarian dietary preferences across the globe. Pea protein, derived from yellow split peas, is gaining significant traction due to its high nutritional profile, digestibility, and allergen-free characteristics. It is commonly used in nutritional supplements, meat substitutes, dairy alternatives, and functional foods, making it a versatile ingredient in the global food and beverage sector.

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Pea Protein Market Size

The size of the global pea protein market reflects the growing interest in clean-label and sustainable protein sources. From its valuation of USD 2417.46 million in 2024, the market is poised to witness a dramatic expansion, fueled by the shift in consumer preferences toward healthier, plant-based alternatives. With increasing applications in sports nutrition, infant formula, bakery products, and ready-to-drink beverages, pea protein is no longer confined to niche markets. The rising adoption of fitness and wellness lifestyles has significantly increased the demand for protein-enriched food and beverages, making pea protein a key component in product formulations. Manufacturers are investing in expanding production capacity and developing innovative processing techniques to meet this growing demand, contributing further to the overall market size.

Pea Protein Market Share

North America currently dominates the global pea protein market, supported by a strong demand for plant-based foods, a well-established vegan culture, and a high level of health consciousness among consumers. The United States, in particular, leads the regional market due to the widespread availability of pea protein products and continuous product innovation by food manufacturers. Europe holds a substantial market share as well, with countries like the United Kingdom, Germany, and France actively embracing plant-based diets. The Asia Pacific region is emerging as a high-growth market, driven by urbanization, increasing disposable income, and rising awareness about sustainable food sources. In this region, countries such as China, Japan, and India are expected to contribute significantly to future growth, aided by government support for sustainable agriculture and nutrition programs. The market is highly competitive, with key players focusing on expanding their geographical presence and diversifying product portfolios to maintain and increase their market share.

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Pea Protein Market Trends

One of the key trends shaping the pea protein market is the surge in demand for plant-based meat alternatives. With growing concerns about animal welfare, climate change, and health risks associated with animal-based proteins, consumers are increasingly turning to plant-based options. Pea protein is now a core ingredient in a wide range of meat substitutes including burgers, sausages, and nuggets. Another important trend is the rising popularity of dairy-free products. Pea protein's neutral taste and good emulsifying properties make it ideal for non-dairy milk, yogurts, and cheese alternatives. Additionally, product innovation and improved processing technologies have enabled manufacturers to enhance the texture and flavor of pea protein products, making them more appealing to mainstream consumers. The use of pea protein in sports nutrition is also gaining momentum, as it serves as an effective protein source for athletes and fitness enthusiasts who seek muscle recovery and growth without allergens like soy or dairy.

Drivers of Growth

The growing awareness of the health benefits associated with plant-based proteins is a major driver of the global pea protein market. Consumers are increasingly prioritizing clean-label and non-GMO food options, which is pushing manufacturers to include pea protein in their product offerings. Its high digestibility, hypoallergenic nature, and balanced amino acid profile make it suitable for a broad range of dietary requirements. The rise in lactose intolerance and soy allergies has further enhanced the appeal of pea protein as a safe and effective alternative. Another significant driver is the global emphasis on sustainable agriculture and food production. Peas are a nitrogen-fixing crop that requires less water and fertilizer, making them more environmentally friendly than many traditional protein sources. This sustainability factor is attracting conscious consumers and aligning with the corporate social responsibility goals of food companies. The increase in online retail channels and health-focused product marketing is also contributing to wider accessibility and adoption of pea protein-based products.

Pea Protein Market Segmentation

The market can be divided based on type, form, application and region.

Market Breakup by Type

Isolate
Concentrate
Textured

Market Breakup by Form

Dry
Wet

Market Breakup by Application

Bakery and Confectionery
Functional Food and Beverages
Meat Additives
Sports Nutrition

Market Breakup by Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Competitive Landscape

Some of the major players explored in the report by Expert Market Research are as follows:

Yantai Shuangta Food Co., Ltd
Shandong Jianyuan Group
Roquette Frères S.A.
COSUCRA Groupe Warcoing S.A.
Burcon NutraScience Corporation
Axiom Foods, Inc.
Naturz Organics
Others

Challenges and Opportunities

Despite its rapid growth, the pea protein market faces several challenges. One of the primary concerns is the flavor profile of pea protein, which can sometimes have a strong earthy or beany taste. Although technological improvements are helping to mitigate this issue, taste remains a critical factor for consumer acceptance. Supply chain constraints, particularly related to raw material availability and price volatility, can also hinder consistent production. In addition, competition from other plant-based proteins such as soy, rice, and hemp presents a challenge for market share. However, these challenges are outweighed by numerous opportunities. The increasing prevalence of lifestyle diseases such as obesity, diabetes, and cardiovascular disorders is prompting consumers to seek healthier food alternatives, which bodes well for pea protein demand. There is significant potential for growth in emerging markets, where rising disposable incomes and awareness of plant-based nutrition are opening new avenues. Further opportunities lie in the development of personalized nutrition solutions and functional food products targeting specific health benefits such as immune support, weight management, and digestive health.

Pea Protein Market Forecast

The global pea protein market is expected to experience robust and sustained growth over the forecast period from 2025 to 2034. With a projected CAGR of 20.10%, the market is anticipated to rise from USD 2417.46 million in 2024 to USD 15093.48 million by 2034. This growth will be underpinned by increasing consumer demand for clean-label, allergen-free, and sustainable protein sources. Ongoing advancements in processing technology, coupled with strategic investments by key market players, will enhance product quality and expand the range of applications. As consumer awareness of nutrition, sustainability, and ethical consumption continues to rise, pea protein is expected to play an increasingly important role in the future of global food systems. With supportive government policies and a strong pipeline of innovative product launches, the outlook for the pea protein market remains exceptionally positive.

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