1. Market Research
  2. > Beverage Market Trends
Global Pea Protein Market Analysis & Trends - Industry Forecast to 2028

Global Pea Protein Market Analysis & Trends - Industry Forecast to 2028

  • July 2021
  • 151 pages
  • ID: 3704425
  • Format: PDF
  • Accuray Research LLP


Table of Contents

Pea Protein: Market Size

From $2.77 billion in 2020, the global Pea Protein market is projected to reach $8.77 billion by 2028. Based on our analysis the market is expected to grow at a CAGR of 15.5% from 2020 - 2028 timeframe.

Some of the prominent trends that the market is witnessing include repulsing demand for meat products due to disease outbreaks, rise in vegan population and popularity of plant-based products, and development in extraction and processing technologies.

Global Pea Protein Market: Market Dynamics

Rising trend of vegan diet among the health-conscious consumer owing to the spread of various flues and animal disease worldwide led to increase the demand for meat substitutes. This factor sequentially propelled the inclination for textured pea protein as it is considerably used in the production of meat substitute products.

Textured pea protein provides better levels of glutamine and lysine than other plant-based proteins, which has led to its higher adoption over other plant-based alternatives. Textured proteins are comparatively less expensive than fish, meat, and poultry and considered as a sustainable and environment friendly source option for protein. For instance, the Cargill Inc. introduced RadipureTM, it is a pea protein for Asian consumers to leveraging the ongoing trend of plant-based proteins and clean labeled food products.

On the other hand, the high cost of extraction and processing of pea protein is likely to obstruct the profit boundaries. In addition, expansion and deployment of new application areas in pea protein will further boost for the Pea Protein market.

Impact of COVID-19 on Pea Protein

The COVID-19 pandemic had a consequential effect on consumer food purchasing patterns. Consumers are looking for food products that will help bolster immunity. Additionally, pea protein is a rich source of iron and it helps to improve the health and strength of consumers. The market is gaining traction owing to the consumer inclination for plant-based foods in place of conventional animal-based diets. Pea protein has gained popularity in recent years owing to the rising demand for natural, plant-based foods and increasing concern about health and fitness across the world, particularly following the COVID-19 crisis.

By Type

Isolate Segment Dominate the Market in 2020

The isolate segment made huge revenue in 2020 and growing its prominence during the forecast period. The isolate segment is anticipated to dominate the market, on the basis of type. Pea protein isolates are beholding a rising in applications, like confectioneries, performance nutrition products, cereals, plant-based dairy products, and plant-based meat products. Pea protein isolates are protein-rich and high-quality alternatives for vegetarians, lactose-intolerant consumers, vegans, and individuals trying to find nutrient-rich protein alternatives (such as lectins). The pea protein isolate is also well absorbed by the body and is highly digestible. This isolate is rich in leucine, arginine, glutamine, and every one the remaining branch chains and essential amino acids.

By Geography

Asia Pacific Region is Leading in the Global Market Place

Asia Pacific region is likely to have a huge demand in the forecast period owing to the rising consumption of nutrient fortified functional food products. Rising inclination for meat substitutes and allergen-friendly sports & fitness supplements is also expected to augment market growth. Favorable regulatory inclinations in India and China aimed toward the event of the agricultural industry will end in ample staple supply for the manufacturers. The robust production base of the food & beverage industry in China on account of raw material access and increasing domestic consumption is expected to fuel regional market growth. Furthermore, the rising hotel and restaurant industry and therefore the increasing number of retail chains, mainly supermarkets, are likely to play an important role in promoting the food & beverage industry growth, thereby supplementing product demand.

List of the Key Players Profiled in the Market Include:

• A&B Ingredients
• AGT Foods
• Axiom Foods Inc
• Batory Foods
• Burcon Nutrascience Corp
• Cosucra Groupe Warcoing
• DuPont
• Emsland Group
• ET-Chem
• Fenchem Inc
• Glanbia PLC
• Ingredion
• Kerry Inc
• Puris Foods
• Rouquette Freres
• SotexPro
• The Green Labs LLC
• The Scoular Company

List of the Regions/Countries Profiled in the Market Include:

North America
• US
• Canada
• Mexico
• Germany
• U.K
• Italy
• France
• Spain
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• Australia
• New Zealand
• Rest of Asia Pacific
Middle East
• Saudi Arabia
• Rest of Middle East
Latin America
• Argentina
• Brazil
• Rest of Latin America
Rest of the World (RoW)
• South Africa
• Others

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.


Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on