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Pea Protein Ingredients Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2031

Global Pea Protein Ingredients Market: By Type (Pea Protein Isolates, Pea Protein Concentrates, Textured Pea Protein, Pea Protein Hydrolysate, and Others); Source (Yellow Pea and Green Pea); Form (Dry and Liquid); Application (Nutrition and Health Supplements, Alternative Meat Products, Bakery & Confectionery Products, and Others); and Region—Industry Dynamics, Market Size, Opportunity and Forecast until 2031

  • Published Date: Mar-2023  |   Format: pdfpowerpointexcel  |  Report ID: AA0622259  | Delivery: 2 to 4 Hours


Report AttributeDetails
Market Size Value in 2022US$ 1.4 Billion
Expected Revenue in 2031US$ 7.0 Billion
Historic Data2018-2021
Base Year2022
Forecast Period2023-2031
UnitValue (USD Bn)
Segments coveredBy Type, By Source, By Form, By Application, By Region
Key Companies                                                                                 A&B Ingredients, AGT Food and Ingredients Inc., Archer Daniels Midland Company, Axiom Foods Inc, Burcon NutraScience Corporation, Cargill Inc., Cosucra Groupe Warcoing SA, DuPont de Nemours, Inc., Emsland Group, Farbest Brands, Fenchem Inc., Glanbia PLC, Ingredion Inc., Nutri-Pea Ltd., Puris Foods, Roquette Freres Le Romarin,Shandong Jianyuan Foods Co., Ltd., The Emsland Group, The Green Labs LLC., Other Prominent Players
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Global Pea Protein Ingredient Market was valued at US$ 1.4 Bn in 2022.

Pea proteins are a popular alternative to the conventional protein products due to their high protein content with interesting functionality, sustainability, availability, affordability and hypo-allergenicity.

The main health benefits of pea protein include a good amino acid profile that helps build muscle mass, improve blood sugar and other metabolic benefits, and control appetite. 

The Global Pea Protein Ingredient Market is projected to expand at a CAGR of 19.9% during the forecast period. 

The market is majorly driven by factors such as the shift in consumer demand towards organic, natural, and healthy food products and rising obesity and cardiovascular diseases.

The availability of alternative proteins such as soy, wheat, and whey are restraining the market growth.

Rising food and beverage industry is providing a lucrative opportunity for market growth.

Pea protein isolates segment dominates the Global Pea Protein Ingredient Market in 2022.

Dry form type leads the Global Pea Protein Ingredient Market in 2022. 

Dairy alternatives segment holds the highest market share in 2022.

North America dominates the Global Pea Protein Ingredient Market.

The key players in the Global Pea Protein Ingredient Market are Archer Daniels Midland Company, Burcon NutraScience Corporation, DuPont de Nemours, Inc., Farbest Brands, Glanbia PLC, and Ingredion Inc. among others.