Pea Protein Market Size, Share & Trends Report

Pea Protein Market (2024 - 2030) Size, Share & Trends Analysis Report By Product (Isolates, Concentrates), By Form (Dry, Wet), By Source, By Application (Food & Beverages, Animal Feed), By Region, And Segment Forecasts

Market Segmentation

Pea Protein Product Outlook (Volume, Metric Tons; Revenue, USD Million, 2017 - 2030)
- Isolates
- Concentrates
- Textured
- Hydrolysates
Pea Protein Form Outlook (Volume, Metric Tons; Revenue, USD Million, 2017 - 2030)
- Dry
- Wet
Pea Protein Source Outlook (Volume, Metric Tons; Revenue, USD Million, 2017 - 2030)
- Yellow Split Peas
- Others
Pea Protein Application Outlook (Volume, Metric Tons; Revenue, USD Million, 2017 - 2030)
- Food & Beverages
  - Meat substitutes
  - Bakery goods
  - Dietary supplements
  - Beverages
  - Others
- Personal Care & Cosmetics
- Animal Feed
- Others
Pea Protein Regional Outlook (Revenue, USD Million, 2017 - 2030)
- North America
  - North America Pea Protein Market, by Product
    - Isolates
    - Concentrates
    - Textured
    - Hydrolysates
  - North America Pea Protein Market, by Form
    - Dry
    - Wet
  - North America Pea Protein Market, by Source
    - Yellow Split Peas
    - Wet
  - North America Pea Protein Market, by Application
    - Food & Beverages
      - Meat substitutes
      - Bakery goods
      - Dietary supplements
      - Beverages
      - Others
    - Personal Care & Cosmetics
    - Animal Feed
    - Others
  - U.S.
    - U.S. Pea Protein Market, by Product
      - Isolates
      - Concentrates
      - Textured
      - Hydrolysates
    - U.S. Pea Protein Market, by Form
      - Dry
      - Wet
    - U.S. Pea Protein Market, by Source
      - Yellow Split Peas
      - Others
    - U.S. Pea Protein Market, by Application
      - Food & Beverages
        
        Meat substitutes
        
        Bakery goods
        
        Dietary supplements
        
        Beverages
        
        Others
      - Personal Care & Cosmetics
      - Animal Feed
      - Others
  - Canada
    - Canada Pea Protein Market, by Product
      - Isolates
      - Concentrates
      - Textured
      - Hydrolysates
    - Canada Pea Protein Market, by Form
      - Dry
      - Wet
    - Canada Pea Protein Market, by Source
      - Yellow Split Peas
      - Others
    - Canada Pea Protein Market, by Application
      - Food & Beverages
        
        Meat substitutes
        
        Bakery goods
        
        Dietary supplements
        
        Beverages
        
        Others
      - Personal Care & Cosmetics
      - Animal Feed
      - Others
  - Mexico
- Europe
  - Europe Pea Protein Market, by Product
    - Isolates
    - Concentrates
    - Textured
    - Hydrolysates
  - Europe Pea Protein Market, by Form
    - Dry
    - Wet
  - Europe Pea Protein Market, by Source
    - Yellow Split Peas
    - Wet
  - Europe Pea Protein Market, by Application
    - Food & Beverages
      - Meat substitutes
      - Bakery goods
      - Dietary supplements
      - Beverages
      - Others
    - Personal Care & Cosmetics
    - Animal Feed
    - Others
  - Germany
    - Germany Pea Protein Market, by Product
      - Isolates
      - Concentrates
      - Textured
      - Hydrolysates
    - Germany Pea Protein Market, by Form
      - Dry
      - Wet
    - Germany Pea Protein Market, by Source
      - Yellow Split Peas
      - Wet
    - Germany Pea Protein Market, by Application
      - Food & Beverages
        
        Meat substitutes
        
        Bakery goods
        
        Dietary supplements
        
        Beverages
        
        Others
      - Personal Care & Cosmetics
      - Animal Feed
      - Others
  - U.K
    - U.K Pea Protein Market, by Product
      - Isolates
      - Concentrates
      - Textured
      - Hydrolysates
    - U.K Pea Protein Market, by Form
      - Dry
      - Wet
    - U.K Pea Protein Market, by Source
      - Yellow Split Peas
      - Wet
    - U.K Pea Protein Market, by Application
      - Food & Beverages
        
        Meat substitutes
        
        Bakery goods
        
        Dietary supplements
        
        Beverages
        
        Others
      - Personal Care & Cosmetics
      - Animal Feed
      - Others
  - France
    - France Pea Protein Market, by Product
      - Isolates
      - Concentrates
      - Textured
      - Hydrolysates
    - France Pea Protein Market, by Form
      - Dry
      - Wet
    - France Pea Protein Market, by Source
      - Yellow Split Peas
      - Wet
    - France Pea Protein Market, by Application
      - Food & Beverages
        
        Meat substitutes
        
        Bakery goods
        
        Dietary supplements
        
        Beverages
        
        Others
      - Personal Care & Cosmetics
      - Animal Feed
      - Others
  - Italy
    - Italy Pea Protein Market, by Product
      - Isolates
      - Concentrates
      - Textured
      - Hydrolysates
    - Italy Pea Protein Market, by Form
      - Dry
      - Wet
    - Italy Pea Protein Market, by Source
      - Yellow Split Peas
      - Wet
    - Italy Pea Protein Market, by Application
      - Food & Beverages
        
        Meat substitutes
        
        Bakery goods
        
        Dietary supplements
        
        Beverages
        
        Others
      - Personal Care & Cosmetics
      - Animal Feed
      - Others
  - Spain
    - Spain Pea Protein Market, by Product
      - Isolates
      - Concentrates
      - Textured
      - Hydrolysates
    - Spain Pea Protein Market, by Form
      - Dry
      - Wet
    - Spain Pea Protein Market, by Source
      - Yellow Split Peas
      - Wet
    - Spain Pea Protein Market, by Application
      - Food & Beverages
        
        Meat substitutes
        
        Bakery goods
        
        Dietary supplements
        
        Beverages
        
        Others
      - Personal Care & Cosmetics
      - Animal Feed
      - Others
  - Sweden
    - Sweden Pea Protein Market, by Product
      - Isolates
      - Concentrates
      - Textured
      - Hydrolysates
    - Sweden Pea Protein Market, by Form
      - Dry
      - Wet
    - Sweden Pea Protein Market, by Source
      - Yellow Split Peas
      - Wet
    - Sweden Pea Protein Market, by Application
      - Food & Beverages
        
        Meat substitutes
        
        Bakery goods
        
        Dietary supplements
        
        Beverages
        
        Others
      - Personal Care & Cosmetics
      - Animal Feed
      - Others
  - Netherlands
    - Netherlands Pea Protein Market, by Product
      - Isolates
      - Concentrates
      - Textured
      - Hydrolysates
    - Netherlands Pea Protein Market, by Form
      - Dry
      - Wet
    - Netherlands Pea Protein Market, by Source
      - Yellow Split Peas
      - Wet
    - Netherlands Pea Protein Market, by Application
      - Food & Beverages
        
        Meat substitutes
        
        Bakery goods
        
        Dietary supplements
        
        Beverages
        
        Others
      - Personal Care & Cosmetics
      - Animal Feed
      - Others
- Asia Pacific
  - Asia Pacific Pea Protein Market, by Product
    - Isolates
    - Concentrates
    - Textured
    - Hydrolysates
  - Asia Pacific Pea Protein Market, by Form
    - Dry
    - Wet
  - Asia Pacific Pea Protein Market, by Source
    - Yellow Split Peas
    - Wet
  - Asia Pacific Pea Protein Market, by Application
    - Food & Beverages
      - Meat substitutes
      - Bakery goods
      - Dietary supplements
      - Beverages
      - Others
    - Personal Care & Cosmetics
    - Animal Feed
    - Others
  - China
    - China Pea Protein Market, by Product
      - Isolates
      - Concentrates
      - Textured
      - Hydrolysates
    - China Pea Protein Market, by Form
      - Dry
      - Wet
    - China Pea Protein Market, by Source
      - Yellow Split Peas
      - Wet
    - China Pea Protein Market, by Application
      - Food & Beverages
        
        Meat substitutes
        
        Bakery goods
        
        Dietary supplements
        
        Beverages
        
        Others
      - Personal Care & Cosmetics
      - Animal Feed
      - Others
  - India
    - India Pea Protein Market, by Product
      - Isolates
      - Concentrates
      - Textured
      - Hydrolysates
    - India Pea Protein Market, by Form
      - Dry
      - Wet
    - India Pea Protein Market, by Source
      - Yellow Split Peas
      - Wet
    - India Pea Protein Market, by Application
      - Food & Beverages
        
        Meat substitutes
        
        Bakery goods
        
        Dietary supplements
        
        Beverages
        
        Others
      - Personal Care & Cosmetics
      - Animal Feed
      - Others
  - Japan
    - Japan Pea Protein Market, by Product
      - Isolates
      - Concentrates
      - Textured
      - Hydrolysates
    - Japan Pea Protein Market, by Form
      - Dry
      - Wet
    - Japan Pea Protein Market, by Source
      - Yellow Split Peas
      - Wet
    - Japan Pea Protein Market, by Application
      - Food & Beverages
        
        Meat substitutes
        
        Bakery goods
        
        Dietary supplements
        
        Beverages
        
        Others
      - Personal Care & Cosmetics
      - Animal Feed
      - Others
  - Australia & New Zealand
    - Australia & New Zealand Pea Protein Market, by Product
      - Isolates
      - Concentrates
      - Textured
      - Hydrolysates
    - Australia & New Zealand Protein Market, by Form
      - Dry
      - Wet
    - Australia & New Zealand Pea Protein Market, by Source
      - Yellow Split Peas
      - Wet
    - Australia & New Zealand Pea Protein Market, by Application
      - Food & Beverages
        
        Meat substitutes
        
        Bakery goods
        
        Dietary supplements
        
        Beverages
        
        Others
      - Personal Care & Cosmetics
      - Animal Feed
      - Others
  - South Korea
    - South Korea Pea Protein Market, by Product
      - Isolates
      - Concentrates
      - Textured
      - Hydrolysates
    - South Korea Pea Protein Market, by Form
      - Dry
      - Wet
    - South Korea Pea Protein Market, by Source
      - Yellow Split Peas
      - Wet
    - South Korea Pea Protein Market, by Application
      - Food & Beverages
        
        Meat substitutes
        
        Bakery goods
        
        Dietary supplements
        
        Beverages
        
        Others
      - Personal Care & Cosmetics
      - Animal Feed
      - Others
- Central & South America
  - Central & South America Pea Protein Market, by Product
    - Isolates
    - Concentrates
    - Textured
    - Hydrolysates
  - Central & South America Pea Protein Market, by Form
    - Dry
    - Wet
  - Central & South America Pea Protein Market, by Source
    - Yellow Split Peas
    - Wet
  - Central & South America Pea Protein Market, by Application
    - Food & Beverages
      - Meat substitutes
      - Bakery goods
      - Dietary supplements
      - Beverages
      - Others
    - Personal Care & Cosmetics
    - Animal Feed
    - Others
  - Brazil
    - Brazil Pea Protein Market, by Product
      - Isolates
      - Concentrates
      - Textured
      - Hydrolysates
    - Brazil Pea Protein Market, by Form
      - Dry
      - Wet
    - Brazil Pea Protein Market, by Source
      - Yellow Split Peas
      - Wet
    - Brazil Pea Protein Market, by Application
      - Food & Beverages
        
        Meat substitutes
        
        Bakery goods
        
        Dietary supplements
        
        Beverages
        
        Others
      - Personal Care & Cosmetics
      - Animal Feed
      - Others
  - Argentina
    - Argentina Pea Protein Market, by Product
      - Isolates
      - Concentrates
      - Textured
      - Hydrolysates
    - Argentina Pea Protein Market, by Form
      - Dry
      - Wet
    - Argentina Pea Protein Market, by Source
      - Yellow Split Peas
      - Wet
    - Argentina Pea Protein Market, by Application
      - Food & Beverages
        
        Meat substitutes
        
        Bakery goods
        
        Dietary supplements
        
        Beverages
        
        Others
      - Personal Care & Cosmetics
      - Animal Feed
      - Others
- Middle East & Africa
  - Middle East & Africa Pea Protein Market, by Product
    - Isolates
    - Concentrates
    - Textured
    - Hydrolysates
  - Middle East & Africa Pea Protein Market, by Form
    - Dry
    - Wet
  - Middle East & Africa Pea Protein Market, by Source
    - Yellow Split Peas
    - Wet
  - Middle East & Africa Pea Protein Market, by Application
    - Food & Beverages
      - Meat substitutes
      - Bakery goods
      - Dietary supplements
      - Beverages
      - Others
    - Personal Care & Cosmetics
    - Animal Feed
    - Others
  - South Africa
    - South Africa Pea Protein Market, by Product
      - Isolates
      - Concentrates
      - Textured
      - Hydrolysates
    - South Africa Pea Protein Market, by Form
      - Dry
      - Wet
    - South Africa Pea Protein Market, by Source
      - Yellow Split Peas
      - Wet
    - South Africa Pea Protein Market, by Application
      - Food & Beverages
        
        Meat substitutes
        
        Bakery goods
        
        Dietary supplements
        
        Beverages
        
        Others
      - Personal Care & Cosmetics
      - Animal Feed
      - Others

Pea Protein Market Dynamics

Driver: Growing Preference For High-Protein Diet

The consumption of a high-protein diet among consumers and rising health awareness are estimated to drive market growth. Rising incidences of chronic illnesses due to changing lifestyles and growing fitness trends, particularly among the millennial population are projected to boost protein intake. With increasingly busier lifestyles, consumers are unable to consume a nutritionally rich complete diet regularly, which prompts them to seek nutrients from packaged food products. The competition within packaged food products has increased significantly during the past few years. To outpace the competition, manufacturers are increasingly incorporating functional ingredients into their products to increase the protein content of the product, thereby attracting health-conscious consumers and fitness enthusiasts. These factors are estimated to drive market growth over the forecast period.

Driver: Rising Popularity of Meat Substitutes

Meat substitutes, also known as meat analogs, offer nearly similar aesthetic characteristics such as flavor, texture, and appearance as well as nutritional characteristics as that of traditional meat products. These substitutes are often made from soy-based products such as tofu and tempeh. The growing vegan population globally is anticipated to drive market growth. Moreover, animal cruelty and rising impact of social media regarding veganism are among the few other factors leading to the growth of the vegan population. Processed food manufacturers are increasingly utilizing ingredients that are sourced from plants to cater to the vegan population, which, in turn, is expected to fuel the growth of the pea protein market.

Restraint: High Penetration of Animal Protein Ingredients

The demand for animal protein among consumers is high which is estimated to harm market growth. The animal protein ingredients industry is also strengthened by the presence of dominant market participants, including GELITA AG, Omega Protein Corporation, and Bovogen Biologicals Pty Ltd among others.

What Does This Report Include?

This section will provide insights into the contents included in this pea protein market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.

Pea protein market qualitative analysis

Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
- Company overview
- Financial performance
- Product benchmarking
- Latest strategic developments