Pea Protein Market Size, Trends: Growth and Forecast to 2032

The protein mainly consists of globulins, which are key components in Pea Protein Isolate (PPI) products. Pea protein is extracted using wet-milling or dry-milling processes, yielding protein concentrations between 48% and 90%.

PPI and concentrates are valued for their nutritional benefits and functional properties, including oil- and water-binding capacities, foam stability, emulsification, gelation, and whipping ability. These attributes make them highly suitable for use across a wide range of food, beverage, and nutritional supplement applications.

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Impact of COVID-19

The COVID-19 pandemic disrupted industrial production globally due to extended lockdowns, impacting the manufacturing and logistics of several industries. However, the food, beverage, and pharmaceutical sectors remained relatively resilient. From early 2020, demand for nutritional supplements and health-oriented foods—including plant-based proteins—rose sharply, supporting consistent market growth for pea protein even amid global disruptions.

Market Segmentation

The pea protein market is segmented by type into isolates, concentrates, and textured pea protein; by application into meat alternatives, bakery products, supplements, beverages, and others; and by region into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. These segments collectively reflect the wide-ranging consumer preferences and industrial applications of pea protein, influenced by varying levels of dietary awareness, protein consumption patterns, and market maturity across different regions.

Key Market Highlights

This report offers a comprehensive assessment of the key drivers, challenges, and emerging opportunities shaping the global pea protein industry. It also evaluates strategic developments such as mergers, acquisitions, partnerships, and new product launches that have redefined the competitive environment in the post-pandemic period.

Market Drivers and Challenges

The growing consumer inclination toward high-protein, immune-boosting diets is a major factor driving market expansion. In Europe, demand is rising rapidly among vegan and vegetarian consumers who prefer sustainable, natural, and allergen-free protein sources.

Pea protein’s versatility in texture enhancement, emulsification, and product stability has made it a preferred ingredient in a variety of applications, including meat substitutes, bakery goods, and functional beverages.

However, certain challenges persist. Some consumers experience digestive sensitivity when consuming pea protein, which may restrict its widespread adoption in certain markets.

Regional Insights

North America retains its market leadership, supported by strong demand for protein-enriched cereals, snacks, and wellness foods, alongside an active innovation ecosystem and the presence of major producers. Europe is witnessing robust growth fueled by the rising popularity of veganism and greater awareness of plant-based nutrition, particularly in regions with a high concentration of health-conscious consumers. Meanwhile, Asia Pacific is showing promising expansion, driven by a growing middle-class population, rising disposable incomes, and an increasing shift toward plant-derived dietary options.

Competitive Landscape

Leading companies in the pea protein sector are prioritizing strategic collaborations, acquisitions, and product diversification to strengthen their global presence and align with evolving consumer nutrition trends.

Prominent Companies in the Global Pea Protein Market:

• Roquette Frères (France)

• Burcon Nutrascience Corp (Canada)

• The Scoular Company (U.S.)

• DuPont (U.S.)

• Cosucra Groupe Warcoing (Belgium)

• Nutri-Pea Limited (Canada)

• Shandong Jianyuan Group (China)

• Kerry Inc. (Ireland)

• Sotexpro SA (France)

• Puris Protein LLC (U.S.)

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Recent Developments

• March 2020: Burcon Nutrascience Corp received a “Letter of No Objection” from the U.S. FDA for its pea protein products, Peazazz and Peazac, enabling their use across a wide variety of food and beverage applications worldwide.