Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Pea Protein Ingredients Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Forecasted Market Size and CAGR for the Pea Protein Ingredients Market?
The market size of pea protein ingredients has seen robust growth in the past few years. The market value was $1.96 billion in 2024 and is projected to reach $2.08 billion in 2025, with a compound annual growth rate (CAGR) of 6.0%.
What Is the Forecasted CAGR for the Pea Protein Ingredients Market by 2029?
The Pea Protein Ingredients Global Market is projected to reach a market size of $2.88 billion in 2029, with a compound annual growth rate (CAGR) of 8.6%.
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What Are the Market Drivers in the Pea Protein Ingredients Industry?
The key drivers in the pea protein ingredients market are:
• Rising vegan and vegetarian populations
• Allergen-free and gluten-free appeal
• Increasing demand for vegan and vegetarian food products
• Increased focus on sustainable sourcing
What Is the Segment-Wise Breakdown of the Pea Protein Ingredients Market?
The pea protein ingredientsmarket covered in this report is segmented –
1) By Type: Isolates, Concentrates, Other Types
2) By Source: Yellow split peas, Chickpeas, Lentils
3) By Application: Bakery and Snacks, Dietary Supplements, Beverages, Meat Substitutes, Other Applications
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Which Emerging Trends Are Driving Growth in the Pea Protein Ingredients Sector?
The key trends in the pea protein ingredients market are:
• Innovation in product development is a key emerging trend.
• The shift towards plant-based meat alternatives is significantly shaping the market.
• The introduction of customized protein blends is a new trend.
• Clean-label packaging and marketing, as well as an emphasis on sports nutrition and supplements, are growing trends.
Which Companies Are Dominating the Pea Protein Ingredients Market in Terms of Revenue?
Major players in the pea protein ingredients market are:
• Cargill Incorporated
• Agridient Inc.
• Axiom Foods Ltd.
• Norben Company Inc.
• Nutri Pea Ltd.
• Burcon NutraScience Corporation
• Cosucra Groupe Warcoing SA
• A & B Ingredients Inc.
• Shandong Jianyuan Foods Co. Ltd.
• Archer Daniels Midland Company
• Fenchem SA
• Kerry Group plc
• Prinova Group LLC
• Batory Foods Inc.
• PLT Health Solutions
• Glanbia plc
• AGT Food & Ingredients Inc.
• World Food Processing LLC
• Yantai T. Full Biotech Co. Ltd.
• Suzhou Wanshen Flour Products Co. Ltd.
• Ingredion Incorporated
• Cambridge Commodities Inc.
• Consucra-Groupe Warcoing SA
• Roquette Freres Le Romarin SA
• Green Labs LLC
• GEMEF Industries
• Puris Proteins LLC.
• Tate & Lyle Inc.
• Emsland-Starke Gmbh
• DuPont de Nemours Inc.
What Are the Regions Driving Demand in the Pea Protein Ingredients Market?
North America was the largest region in the pea protein ingredients market in 2024
