Pea Protein Market Share, Analysis, and Growth by 2031
Pea Protein Market: Strategic Insights
Pea Protein Market
-
CAGR (2023 - 2031)13.5% -
Market Size 2023
US$ 613.16 Million -
Market Size 2031
US$ 1,658.15 Million
Market Dynamics
GROWTH DRIVERS
- Rise in plant-based food demand
- Growing consumer preference for vegan products
- Increasing awareness of health benefits
FUTURE TRENDS
- Growth in pea protein-based foods
- Focus on allergen-free plant proteins
- Increasing use in protein fortification
OPPORTUNITIES
- Expansion in meat alternatives market
- Technological advancements in pea protein extraction
- Growing demand in sports nutrition
Key Players
- A B Ingredients and Axiom Foods Inc
- Burcon Nutrascience Corporation
- Cosucra Groupe Warcoing SA
- Gemef Industries
- Glanbia Nutritionals
- Puris Roquette Fr res
- The Green Labs Llc
- Yantai Shuangta Food Co Ltd
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- Pea Protein Isolates
- Pea Protein Concentrates
- Textured Pea Protein
Form
- Dry
- Liquid
Application
- Dietary Supplements
- Bakery and Confectionery Goods
- Meat Alternatives
- Beverages