Global Pea Protein Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Isolates, Concentrates, and Textured.

By Form;

Dry and Wet.

By Source;

Split Yellow Peas, Lentils, and Chickpeas.

By Application;

Meat Substitutes, Performance Nutrition, Functional Foods, Snacks, Beverages, Bakery Products and Confectionery.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn115366350 Published Date: May, 2025 Updated Date: June, 2025

Pea Protein Market Overview

Pea Protein Market (USD Million)

Pea Protein Market was valued at USD 714.19 million in the year 2024. The size of this market is expected to increase to USD 1,840.44 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 14.5%.


Global Pea Protein Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 14.5 %


Study Period2025 - 2031
Base Year2024
CAGR (%)14.5 %
Market Size (2024)USD 714.19 Million
Market Size (2031)USD 1,840.44 Million
Market ConcentrationLow
Report Pages346
714.19
2024
1,840.44
2031

Major Players

  • ROUQUETTE FRERES
  • INGREDION INCORPORATED
  • PURIS
  • EMSLAND GROUP
  • FENCHEM INC.
  • DUPONT
  • A&B INGREDIENTS
  • GLANBIA PLC
  • THE SCOULAR COMPANY
  • AXIOM FOODS INC
  • BURCON NUTRASCIENCE CORP
  • COSUCRA GROUPE WARCOING
  • SOTEXPRO

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Pea Protein Market

Fragmented - Highly competitive market without dominant players


The Pea Protein Market has seen robust expansion driven by the surging demand for plant-based proteins. Approximately 28% of consumers have shifted towards plant-based diets, boosting market interest. Pea protein is widely recognized for its nutritional value, with rising use in functional food and sports nutrition products.

Product Innovations
The market has witnessed the emergence of textured pea protein isolates that enhance texture and taste in applications. Approximately 37% of manufacturers are introducing these new variants to meet evolving consumer preferences. Protein fortification in beverages has increased by 25%, indicating broader adoption.

Sustainability Appeal
Pea protein enjoys a 45% higher acceptance rate due to its sustainable farming profile and lower environmental footprint compared to animal-based protein. The preference for sustainability and clean-label products has made it a preferred ingredient in various sectors.

Future Outlook
With ongoing research and development, the Pea Protein Market is projected to achieve an impressive growth rate. Around 31% of companies are expanding production capacities to meet demand. Innovation, sustainability, and consumer health consciousness are expected to drive continued expansion.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Form
    3. Market Snapshot, By Source
    4. Market Snapshot, By Application
    5. Market Snapshot, By Region
  4. Pea Protein Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Plant-based diets
        2. Health consciousness
        3. Clean-label trend
        4. Allergen-free alternative
        5. Rising vegan population
      2. Restraints
        1. Flavor challenges
        2. Price volatility
        3. Supply chain limitations
        4. Processing complexities
        5. Competition from soy protein
      3. Opportunities
        1. Functional food applications
        2. Sports nutrition demand
        3. Emerging markets growth
        4. Sustainable sourcing practices
        5. Product innovation opportunities
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Pea Protein Market, By Type, 2021 - 2031 (USD Million)
      1. Isolates
      2. Concentrates
      3. Textured
    2. Pea Protein Market, By Form, 2021 - 2031 (USD Million)
      1. Dry
      2. Wet
    3. Pea Protein Market, By Source, 2021 - 2031 (USD Million)
      1. Split Yellow Peas
      2. Lentils
      3. Chickpeas
    4. Pea Protein Market, By Application, 2021 - 2031 (USD Million)
      1. Meat Substitutes
      2. Performance Nutrition
      3. Functional Foods
      4. Snacks
      5. Beverages
      6. Bakery Products
      7. Confectionery
    5. Pea Protein Market, By Geography,2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. ROUQUETTE FRERES
      2. INGREDION INCORPORATED
      3. PURIS
      4. EMSLAND GROUP
      5. FENCHEM INC.
      6. DUPONT
      7. A&B INGREDIENTS
      8. GLANBIA PLC
      9. THE SCOULAR COMPANY
      10. AXIOM FOODS INC
      11. BURCON NUTRASCIENCE CORP
      12. COSUCRA GROUPE WARCOING
      13. SOTEXPRO
  7. Analyst Views
  8. Future Outlook of the Market