https://www.meticulousresearch.com/product/pea-protein-market-5054
The pea protein market is experiencing significant growth, driven by factors such as the increasing demand for plant-based nutrition, health and wellness trends, and rising consumer awareness of the nutritional benefits of peas. The market is also fueled by the development of innovative pea protein ingredients. Key players in the market include Roquette Freres, AGT Food and Ingredients, Cargill, Ingredion, Archer-Daniels-Midland, Burcon NutraScience, Glanbia, and others.
The market is segmented by type (yellow pea proteins, green pea proteins), source (conventional and organic), processing method (dry and wet processing), form (solid and liquid), and application (nutrition supplements, meat alternatives, bakery products, dairy alternatives, etc.). Among these, yellow pea proteins dominate the market due to their high protein content and versatility, particularly in plant-based products. The conventional pea protein segment also holds a significant share, driven by lower production costs and longer shelf life.
North America is expected to lead the market, accounting for 42.4% of the share in 2024, with key drivers being the strong food and beverage sector, growing demand for meat substitutes, and increasing pea production. The nutrition & health supplements segment is projected to hold the largest share, reflecting the rise in health-conscious consumers.
