According to recent findings, the  Global Pea Protein Market size was valued at around USD 1.4 billion in 2022 and is projected to grow at around 8% CAGR during the forecast period, i.e., 2024-30.

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Pea Protein Market Overview:

The growth of the market is likely to be driven primarily by the mounting food requirements of the exponentially rising population globally, increasing consumer preference toward nutrient-rich food like pea protein for an active lifestyle, and an escalating number of vegan population inclining purely on plant-based food products. 

Pea proteins are non-toxic, non-allergic, and easily digestible. Their vast application across the food & beverage sector for manufacturing energy drinks, meat alternatives, dietary supplements, bakery products, etc., are other crucial aspects projected to drive the global market in the coming years. Besides, rising health consciousness & increasing concerns over the cardiological impact of eating red meat shall further fuel the overall market growth in the coming years.

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Pea Protein Market Outlook and Future Trends :

Growing Inclination Toward Healthy Lifestyle - With an escalating number of health problems caused due to improper diets & nutrition, the world is witnessing an increasing shift of the population toward a healthy lifestyle, adopting nutritious dietary habits, etc. Growing awareness about health problems like heart issues, obesity, etc., raising due to excessive meat consumption is encouraging people to consume plant-based food with high nutrition. This, in turn, is augmenting the demand for supplements with pea protein and driving the market through 2030. This trend is swiftly emerging across countries like Germany, the UK, France, Australia, the US, & Canada.

Global Pea Protein Market Segmentation Analysis:

By Type

• Isolates- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
• Textured- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
• Concentrates- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
• Others (Hydrolyzed, Fermented, etc.) - Market Size & Forecast 2019-2030F, USD Million, Thousand Tons

According to reports, Here, Isolates are projected to maintain their market dominance with the largest share over the forecast years. It owes principally to the growing customer preference toward consuming nutrition-rich & gluten-free food like pea protein isolates.

By Form

• Dry- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
• Wet- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons

By Nature

• Organic- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
• Conventional- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons

By Source

• Chickpeas- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
• Yellow Split Peas- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
• Lentils- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons

By Application

• Performance Nutrition- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
• Meat Substitutes- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
• Functional Foods- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
• Snacks- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
• Bakery Products- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
• Beverages- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons
• Confectionery- Market Size & Forecast 2019-2030F, USD Million, Thousand Tons

According to reports, Of them all, the demand for Meat Substitutes is anticipated to demonstrate the fastest growth in the Global Pea Protein Market during the forecast period.

By Region

• North America
• South America
• Europe
• Middle East & Africa
• Asia-Pacific.

According to reports, Amongst all regions globally, North America dominated the market with the largest share in recent years, and the same trend is likely to be followed during 2024-30.

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Some of the Market players in the Global Pea Protein Market are:

• Rouquette Freres
• Ingredion Incorporated
• Puris Protein Llc
• Fenchem Inc.
• Dupont
• Axiom Foods Inc
• Burcon Nutrascience Corp
• Cosucra Groupe Warcoing
• Sotexpro
• Shandong Jianyuan Foods Co., Ltd.
• Yan Tai Shuang Ta Food Co Ltd.
• Et-Chem
• Agt Foods
• The Green Labs Llc
• Nutri-Pea Limited
• Others.

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Key Highlights of the Report – Unlock Valuable Market Insights

• Market Size, Share & Future Projections – Understand the current market dimensions and forecasted growth trajectory.
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• Company Strategies & Developments – Discover recent mergers, acquisitions, partnerships, and innovations.
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• Import & Export Dynamics – Analyze global trade flows, regional export trends, and supply chain movements.
• Competitive Benchmarking – Gain a clear view of the leading companies and their market positioning.
• Emerging Growth Opportunities – Spot untapped areas and niche markets for potential investment.
• Market Trends & Growth Drivers – Stay ahead with insights into evolving consumer behavior and industry indicators.

Research Methodology Summary

A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.

Key Steps:

• Define objectives and research design
• Collect data through surveys and interviews
• Analyze and validate data using reliable tools
• Forecast trends and deliver actionable insights

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