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Pea Protein Market Size, Share & Trends Analysis Forecast 2020-2026
Pea Protein Market By Type (Isolates, Concentrates, and Textured), By Form (Dry and Wet), Source (Split Yellow Peas, Lentils, and Chickpeas), By Application (Meat substitutes, Performance nutrition, Functional foods, Snacks, Beverages, Bakery products, Confectionery), and By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026
Industry Insights
[180+ Pages Report] According to the report published by Facts and Factors, the global pea protein market size was valued around USD 740 million in 2019 and is expected to grow to around USD 1596 million by 2028 with a compound annual growth rate (CAGR) of roughly 14% between 2020 and 2026. The report analyzes the global pea protein market drivers, challenges, and the impact they have on the demands during the forecast period. In addition, the report explores emerging opportunities in the pea protein market.
This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the Pea Protein industry. The report analyzes and declares the historical and current trends analysis of the Pea Protein industry and subsequently recommends the projected trends anticipated to be observed in the pea protein market during the upcoming years.
The Pea Protein market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Pea Protein market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Tons) and value (USD Million) from FY 2016 – 2026.
The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Pea Protein industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.
Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Pea Protein industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Pea Protein market.
The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Pea Protein industry. The Pea Protein market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.
The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Pea Protein sector. Key strategic developments in the Pea Protein market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the PEA PROTEIN market are appropriately highlighted in the report.
Pea Protein is extracted from yellow or green peas and used in protein-enriched foods and protein supplements. The presence of essential amino acids in the pea protein helps improve blood circulation, calcium absorption, weight management, maintain healthy muscle, improve metabolism, and also regulate blood sugar levels. These properties of pea protein are likely to help surge its sales in the coming years. The lactose-free and 100% vegan nature makes it safe for dairy product sensitive individuals.
The Pea Protein market is found to experience significant growth owing to the increasing use of bakery goods, dietary supplements, and beverages that are anticipated to drive the market. The rising demand for an alternative for meat and the growing concerns of lactose intolerance among grown-ups has increased the demand for gluten-free products, thereby fuelling the growth of the Pea Proteins market. Additionally, the surging awareness concerning nutrition amelioration and inclination of people toward vegetarian foods is expected to drive the global Pea Protein market. The increasing expenditure on convenience food products, the importance of a flexitarian diet likely plays a crucial role in enhancing the product demand.
The Pea Protein market research report delivers an acute valuation and taxonomy of the Pea Protein industry by practically splitting the market on the basis of different type, form, source, application, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026. The regional segmentation of the Pea Protein industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the Pea Protein industry is provided for the leading economies of the world.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 740 Million |
Projected Market Size in 2026 |
USD 1596 Million |
CAGR Growth Rate |
14% |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Ingredion, Rouquette Freres, Puris Foods, Fenchem Inc, Emsland Group, A&B Ingredients, The Scoular Company, DuPont, Kerry Inc., The Green Labs LLC, Glanbia PLC, Axiom Foods Inc., Cosucra Groupe Warcoing, Burcon Nutrascience Corp, SotexPro, AGT Foods, Yan Tai Shuang Ta Food Co., Ltd., Shandong Jianyuan Foods Co., ET-Chem, Ltd., and Batory Foods. |
Key Segment |
By Type, By Form, By Application, By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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The global Pea Protein market is segmented based on Type, Form, Source, and Application. On the basis of type, the global Pea Protein market is segregated into Isolates, Concentrates, and Texture. Based on form, the market is segmented into Dry and Wet. In terms of source, the market for pea protein is sectored into Split Yellow Peas, Lentils, and Chickpeas. By application, the global Pea Protein market is categorized into meat substitutes, Performance nutrition, Functional foods, Snacks, Beverages, Bakery products, Confectionery.
Some of the leading players in the global market include
- Ingredion
- Rouquette Freres
- Puris Foods
- Fenchem Inc
- Emsland Group
- A&B Ingredients
- The Scoular Company
- DuPont
- Kerry Inc
- The Green Labs LLC
- Glanbia PLC
- Axiom Foods Inc
- Cosucra Groupe Warcoing
- Burcon Nutrascience Corp
- SotexPro
- AGT Foods
- Yan Tai Shuang Ta Food Co Ltd
- Shandong Jianyuan Foods Co
- ET-Chem, Ltd
- Batory Foods
The taxonomy of the Pea Protein Market by its scope and segmentation is as follows:
By Type Segmentation Analysis
- Isolates
- Concentrates
- Textured
By Form Segmentation Analysis
- Dry
- Wet
By Source Segmentation Analysis
- Split Yellow Peas
- Lentils
- Chickpeas
By Application Segmentation Analysis
- Meat Substitutes
- Performance Nutrition
- Functional Foods
- Snacks
- Beverages
- Bakery Products
- Confectionery
By Regional Segmentation Analysis
- North America
- The U.S.
- Canada
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table of Content
Industry Major Market Players
- Ingredion
- Rouquette Freres
- Puris Foods
- Fenchem Inc
- Emsland Group
- A&B Ingredients
- The Scoular Company
- DuPont
- Kerry Inc
- The Green Labs LLC
- Glanbia PLC
- Axiom Foods Inc
- Cosucra Groupe Warcoing
- Burcon Nutrascience Corp
- SotexPro
- AGT Foods
- Yan Tai Shuang Ta Food Co Ltd
- Shandong Jianyuan Foods Co
- ET-Chem, Ltd
- Batory Foods
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