openPR Logo
Press release

Pea Protein Market Set to Surge with a Projected Value of USD 1646.94 Million by 2032

01-14-2025 12:25 PM CET | Food & Beverage

Press release from: STELLAR MARKET RESEARCH

Pea Protein Market

Pea Protein Market

The ๐๐ž๐š ๐๐ซ๐จ๐ญ๐ž๐ข๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ size was valued at USD 664.22 Mn. in 2024 and the total Global Pea Protein Market revenue is expected to grow at a CAGR of 12.02% from 2025 to 2032, reaching nearly USD 1646.94 Mn. by 2032.

๐๐ž๐š ๐๐ซ๐จ๐ญ๐ž๐ข๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

Pea protein, derived from split peas, is renowned for its dietary benefits and functional properties, including high amino acid content, water and oil retention, emulsification, and gelation capabilities. These attributes make it a preferred ingredient in the food industry. The market is segmented by product type, form, source, and application, with pea protein isolates dominating the product segment due to their high protein content and suitability for dietary supplements. Yellow split peas lead as the primary source, with versatile applications ranging from food and beverages to performance nutrition and meat alternatives.

๐–๐š๐ง๐ญ ๐ญ๐จ ๐’๐ž๐ž ๐ญ๐ก๐ž ๐“๐ซ๐ž๐ง๐๐ฌ? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ: https://www.stellarmr.com/report/req_sample/Pea-Protein-Market/1656

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐๐ž๐š ๐๐ซ๐จ๐ญ๐ž๐ข๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ:

The rising demand for plant-based proteins is the primary driver of the pea protein market. Consumers are increasingly opting for plant-based diets due to health benefits such as reduced saturated fats and cholesterol. The growing popularity of vegan and vegetarian lifestyles further propels market growth. Surveys highlight a significant increase in veganism, with projections suggesting that by 2040, 40% of the global population will reduce or eliminate meat consumption. Additionally, pea protein's nutritional benefits, including its rich amino acid profile and cardiovascular health advantages, are appealing to health-conscious consumers.

๐๐ž๐š ๐๐ซ๐จ๐ญ๐ž๐ข๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

Several trends are shaping the pea protein market's trajectory. The adoption of pea protein in functional foods and beverages is gaining momentum due to its ability to enhance texture and nutritional value. Innovations in product development, such as textured pea proteins for meat alternatives, are driving demand. Sustainability concerns are also encouraging investments in plant-based protein sources, with companies like Roquette Frรจres and Cargill expanding their portfolios to include innovative pea protein solutions. Strategic partnerships, such as Roquette's collaborations in North America, and acquisitions by Kerry and Cargill, highlight the market's dynamic and competitive landscape.

๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐๐ž๐š ๐๐ซ๐จ๐ญ๐ž๐ข๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐†๐ฅ๐จ๐›๐š๐ฅ ๐”๐ฉ๐๐š๐ญ๐ž๐ฌ

๐๐ž๐š ๐๐ซ๐จ๐ญ๐ž๐ข๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam's rapidly evolving food and beverage industry offers significant potential for pea protein adoption. The demand for plant-based proteins in urban areas is soaring, driven by health-conscious millennials. ๐๐ฎ๐ญ๐ข๐Ÿ๐จ๐จ๐ ๐๐ฎ๐ญ๐ซ๐ข๐ญ๐ข๐จ๐ง ๐…๐จ๐จ๐ ๐‰๐จ๐ข๐ง๐ญ ๐’๐ญ๐จ๐œ๐ค ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ฒ has been actively collaborating with international suppliers to develop innovative pea protein-based products.

๐๐ž๐š ๐๐ซ๐จ๐ญ๐ž๐ข๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Thailand's pea protein market is growing due to the increasing penetration of vegan diets. In 2023, ๐“๐ก๐š๐ข ๐”๐ง๐ข๐จ๐ง ๐†๐ซ๐จ๐ฎ๐ฉ announced the expansion of its plant-based portfolio to include pea protein-enhanced products. The market is also benefitting from government initiatives promoting plant-based alternatives.

๐“๐ก๐ž ๐ˆ๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ๐ž๐ ๐’๐ญ๐š๐ค๐ž๐ก๐จ๐ฅ๐๐ž๐ซ๐ฌ ๐œ๐š๐ง ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐Ÿ๐จ๐ซ ๐ญ๐ก๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.stellarmr.com/report/enquire_now/Pea-Protein-Market/1656

๐๐ž๐š ๐๐ซ๐จ๐ญ๐ž๐ข๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Japan's pea protein market has seen a wave of mergers and acquisitions, enhancing market competitiveness. ๐€๐ฃ๐ข๐ง๐จ๐ฆ๐จ๐ญ๐จ ๐‚๐จ., ๐ˆ๐ง๐œ. partnered with a leading European pea protein manufacturer to expand its product range, catering to the demand for functional food ingredients.

๐๐ž๐š ๐๐ซ๐จ๐ญ๐ž๐ข๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea's robust growth in vegan and flexitarian diets has catalyzed pea protein consumption. ๐‚๐‰ ๐‚๐ก๐ž๐ข๐ฅ๐‰๐ž๐๐š๐ง๐  invested significantly in R&D to incorporate pea protein into traditional Korean snacks and ready-to-eat meals, aiming to attract younger demographics.

๐๐ž๐š ๐๐ซ๐จ๐ญ๐ž๐ข๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore's thriving food innovation ecosystem has positioned it as a hub for plant-based protein research. Startups like ๐†๐ซ๐จ๐ฐ๐ญ๐ก๐ฐ๐ž๐ฅ๐ฅ ๐…๐จ๐จ๐๐ฌ have emerged as key players, introducing pea protein-based alternatives tailored to Asian palates. In 2024, Singapore hosted a prominent plant-based food expo, highlighting the potential of pea protein.

๐๐ž๐š ๐๐ซ๐จ๐ญ๐ž๐ข๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐”๐’

The US remains a dominant market for pea protein, supported by an expansive network of health-conscious consumers and a surge in veganism. Leading players such as ๐‚๐š๐ซ๐ ๐ข๐ฅ๐ฅ, ๐ˆ๐ง๐œ. and ๐‘๐จ๐ช๐ฎ๐ž๐ญ๐ญ๐ž ๐…๐ซรจ๐ซ๐ž๐ฌ have been investing in large-scale production facilities to meet rising demand. Key developments include partnerships with major retailers to enhance distribution.

๐๐ž๐š ๐๐ซ๐จ๐ญ๐ž๐ข๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe's pea protein market continues to flourish, driven by stringent sustainability goals and consumer preferences for clean-label products. ๐ƒ๐š๐ง๐จ๐ง๐ž ๐’.๐€. announced a collaboration with ๐‚๐จ๐ฌ๐ฎ๐œ๐ซ๐š ๐†๐ซ๐จ๐ฎ๐ฉ๐ž ๐–๐š๐ซ๐œ๐จ๐ข๐ง๐  to optimize pea protein sourcing for its dairy alternatives. Additionally, regulatory advancements have streamlined the approval of innovative formulations.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐…๐ฎ๐ฅ๐ฅ ๐๐ƒ๐… ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ @ https://www.stellarmr.com/report/req_sample/Pea-Protein-Market/1656

๐Š๐ž๐ฒ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐†๐ฅ๐จ๐›๐š๐ฅ ๐๐ž๐š ๐๐ซ๐จ๐ญ๐ž๐ข๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ

๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ: Companies like ๐ˆ๐ง๐ ๐ซ๐ž๐๐ข๐จ๐ง ๐ˆ๐ง๐œ๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ž๐ and ๐Š๐ž๐ซ๐ซ๐ฒ ๐†๐ซ๐จ๐ฎ๐ฉ have strategically acquired startups specializing in pea protein to expand their portfolios.

๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐œ๐š๐ฅ ๐ˆ๐ง๐ง๐จ๐ฏ๐š๐ญ๐ข๐จ๐ง๐ฌ: Advanced extraction techniques are improving pea protein's solubility and taste, enhancing its application in beverages and snacks.

๐‘๐ž๐ ๐ฎ๐ฅ๐š๐ญ๐จ๐ซ๐ฒ ๐”๐ฉ๐๐š๐ญ๐ž๐ฌ: Authorities in Europe and the US have updated guidelines for labeling plant-based proteins, ensuring transparency and consumer trust.

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐๐ž๐š ๐๐ซ๐จ๐ญ๐ž๐ข๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ:

By Product

Includes isolates
concentrates
textured
hydrolysates

By Form

Dry
wet

By Source

Yellow split peas
chickpeas
lentils

By Application

Food
meat substitutes
performance nutrition
functional foods
snacks
bakery products
confections
other food applications
beverages
other applications

๐…๐จ๐ซ ๐ฆ๐จ๐ซ๐ž ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐ฏ๐ข๐ฌ๐ข๐ญ: https://www.stellarmr.com/report/Pea-Protein-Market/1656

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐๐ž๐š ๐๐ซ๐จ๐ญ๐ž๐ข๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

Roquette Frรจres (France)
Cargill, Incorporated (US)
Glanbia PLC (Ireland)
Kerry (Ireland)
Ingredion Incorporated (US)
Emsland Group (Germany)
Yantai Shuangta Foods Co, Ltd (China)
The Scoular Company (US)
Burcon Nutrascience Corp (Canada)
Shandong Jianyuan Group (China)
DuPont
Puris Protein Llc
Fenchem Inc.
Dupont
Axiom Foods Inc
Burcon Nutrascience Corp
ET-Chem (China)
AGT Foods and Ingredients (Canada)
The Green Labs LLC (US)
Martin & Pleasance

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐’๐ญ๐ž๐ฅ๐ฅ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

โ™ฆ Home Care Packaging Market https://www.stellarmr.com/report/Home-Care-Packaging-Market/191

โ™ฆ Plastic to Fuel Market https://www.stellarmr.com/report/Plastic-to-Fuel-Market/192

โ™ฆ Digital Agriculture Market https://www.stellarmr.com/report/Digital-Agriculture-Market/194

โ™ฆ Mental Health Apps Market https://www.stellarmr.com/report/Mental-Health-Apps-Market/199

โ™ฆ Speed Sensor Market https://www.stellarmr.com/report/Speed-Sensor-Market/200

โ™ฆ Machine Tools Market https://www.stellarmr.com/report/Machine-Tools-Market/204

โ™ฆ Vibrating Screen Market https://www.stellarmr.com/report/Vibrating-Screen-Market/214

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐’๐ญ๐ž๐ฅ๐ฅ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

S.no.8, h.no. 4-8 Pl.7/4, Kothrud,

Pinnac Memories Fl. No. 3, Kothrud, Pune,

Pune, Maharashtra, 411029

sales@stellarmr.com

๐€๐›๐จ๐ฎ๐ญ ๐’๐ญ๐ž๐ฅ๐ฅ๐š๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Pea Protein Market Set to Surge with a Projected Value of USD 1646.94 Million by 2032 here

News-ID: 3814318 • Views: โ€ฆ

More Releases from STELLAR MARKET RESEARCH

Ready to Eat (RTE) Baked Products and Bakery Premixes Market Share, Industry Growth, Business Strategy, Trends and Regional Outlook 2032
Ready to Eat (RTE) Baked Products and Bakery Premixes Market Share, Industry Gro โ€ฆ
Ready to Eat (RTE) Baked Products and Bakery Premixes Market was estimated at USD 154.85 Bn. in 2024 and the total revenue is projected to grow at CAGR of 7% From 2025 to 2032 reaching nearly USD 231.41 Bn. by 2032. Stellar Market Research published a report "Ready to Eat Baked Products and Bakery Premixes Market and forecast (2025-2032)." The report is a comprehensive analysis of global Ready to Eat Bakedโ€ฆ
Micromotor Market Comprehensive Research Study, Competitive Landscape and Forecast 2025-2032
Micromotor Market Comprehensive Research Study, Competitive Landscape and Foreca โ€ฆ
Micromotor Market was estimated at USD 43.10 Bn in 2024, and its total revenue is projected to grow at a CAGR of 7.1% from 2025 to 2032, reaching nearly USD 69.66 Bn by 2032. Stellar Market Research published a report "Micromotor Market and forecast (2025-2032)." The report is a comprehensive analysis of global Micromotor Market share, size, growth, trends, and forecast. The report also contains competitor analysis and regional analysis andโ€ฆ
Monkeypox Vaccine and Treatment Market Sales and Revenues of Manufacturers Forecast till 2025-2032
Monkeypox Vaccine and Treatment Market Sales and Revenues of Manufacturers Forec โ€ฆ
Monkeypox Vaccine and Treatment Market size was estimated at USD 103.5 Mn in 2024 and the total Global Monkeypox Vaccine and Treatment revenue is projected to grow at a CAGR of 10.20% from 2025 to 2032, reaching nearly USD 225.12 Mn by 2032. Stellar Market Research published a report "Monkey pox Vaccine and Treatment Market and forecast (2025-2032)." The report is a comprehensive analysis of global monkey pox Vaccine and Treatmentโ€ฆ
K12 Education Market Dynamics, Competitive Landscape, Outlook 2025-2032
K12 Education Market Dynamics, Competitive Landscape, Outlook 2025-2032
K12 Education Market Size was valued at USD 2.65 Tn in 2024 and is projected to grow at a CAGR of 12.6% from 2025 to 2032, reaching nearly USD 6.85 Tn by 2032. Stellar Market Research has released a report "K12 Education Market and forecast (2025-2032)." The report is a detailed analysis of the global market share, size, growth, trends, and forecast of K12 Education Market. It also includes competitor andโ€ฆ

All 5 Releases


More Releases for Pea

A Pea That Stole the Show Introducing Charlie McGhee and the Mischievous Pea
Image: https://www.globalnewslines.com/uploads/2025/02/1739557683.jpg Have you ever thought about what will happen when an ordinary meal turns into an extraordinary adventure? Perhaps when the food on your plate suddenly starts to act strange. In Charlie McGhee and the Mischievous Pea [https://www.amazon.com/dp/196684087X/], the story is not so different. It all starts when a simple pea decides it doesn't want to stay on the plate, leading young readers on a hilarious, action-packed journey through bustling streets,โ€ฆ
Pea Starch Market Doubtless to Enhance Future Progress with Cosucra, Nutri-Pea, โ€ฆ
Global Pea Starch Market by Player, Region, Type, Application and Sales Channel is the latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities, and leveraging strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global Pea Starch Market. Some of the key players profiled in the study are Roquette,โ€ฆ
Pea Protein Ingredients Market Prospects, Consumption, Cost Structure, Competiti โ€ฆ
The food industry is continuously searching for healthier and cheaper protein ingredients that can be replaced by animal-based and gluten-based proteins. Pea protein is beneficial due to its low allergenicity, availability, and high nutritional value. The Global Pea Protein Ingredients Market is witnessing a major rise in its revenue from US$ 2.35 Bn in 2021 to US$ 6.78 Bn by 2030. The market is recording a CAGR of 12.5% duringโ€ฆ
Pea Protein And Pea Protein Powder Market Scope of The Report & In-depth Methodo โ€ฆ
The latest Release from "Stratagem Market Insights" is titled "Pea Protein And Pea Protein Powder Market Research Report 2022-2030", This Market report offers qualitative and quantitative insights as well as a thorough examination of the market size and expansion rate of all potential market segments. The report has been put together using primary and secondary research methodologies, which offer an exact and detailed understanding of the market. The research reportโ€ฆ
Pea Fiber Market Inclinations Exhibit Growing Demand during the Period until 202 โ€ฆ
The new report on the pea fiber market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2014 โ€“ 2018. This highly favorable growth of the pea protein creates a highly conducive environment for the associated pea fiber market, which is expected to exhibit a promising CAGR of ~8% during the forecast period (2019-2029. The business intelligenceโ€ฆ
Organic Pea Protein Industry:
This report, provides forecast and analysis of the global Organic pea protein market. It provides actual data of 2017 along with estimated data of 2018, and forecast data up to 2026 in terms of revenue (US$ Mn) and volume (MT). The report includes share of top pea producing countries in the world, export/import volume and value of Pea of top exporting and importing countries and industry value chain analysis. โ€ฆ