How Has the Textured Pea Protein Market Size Evolved in Recent Years?
The textured pea protein market has seen considerable growth due to a variety of factors.
• The market for textured pea protein has witnessed a robust expansion in recent years. The market size, which was valued at $0.63 billion in 2024, is expected to escalate to $0.69 billion in 2025 at a compound annual growth rate (CAGR) of 9.2%.
Factors contributing to this historical growth include the rising demand for plant-based proteins, an increase in consumer consciousness regarding health and nutrition, a surge in cases of lactose intolerance and allergies, growth in vegetarian and vegan diets and enhancements in the taste and texture of textured pea protein products.
What are the Market Size and Expected Growth Rates for the Textured Pea Protein Market?
The textured pea protein market is expected to maintain its strong growth trajectory in upcoming years.
• The market for textured pea protein is anticipated to experience substantial growth in the coming years, potentially reaching $1 billion by 2029 with a 9.6% compound annual growth rate (CAGR).
This growth projection for the forecasted period is linked to the increasing adoption of clean label and natural ingredients, regulatory backing, and approval for pea protein. Other contributing factors include an elevated focus on ethical and sustainable sourcing practices, expanding consumer interest in sports nutrition and fitness, and gaining market presence in budding economies. Key trends for the upcoming period include technological progress in protein extraction and processing, innovations in product formula and applications, improvements in texture and taste, expanded functional benefits beyond just protein, and additional nutritional enrichment and fortification.
Which Drivers Are Accelerating Growth In The Textured Pea Protein Market?
The growing interest of consumers in plant-based protein is fuelling the expansion of the textured pea protein market. There has been a marked increase in consumer fascination with plant-based diets over recent years, with diets like vegan, vegetarian, and flexitarian gaining widespread acceptance. The protein content of textured pea protein components ranks among the highest globally, boasting a flavorful taste and appealing texture. For example, the Plant Based Foods Association, a US-based trade organization, reported in January 2023 that plant-based foods sales saw a 6.6% increase, reaching $8 billion in 2022. Thus, the escalating consumer curiosity in plant-based proteins is driving the growth of the textured pea protein market.
What Are The Core Segments Of The Global Textured Pea Protein Market?
The textured pea protein market covered in this report is segmented –
1) By Product Type: Yellow Peas, Green Peas
2) By Nature: Organic, Conventional
3) By Processing Type: Dry Processing, Wet Processing
4) By End Use: Food Processing, Animal Feed, Nutraceuticals, Sports Nutrition, Infant Nutrition, Cosmetic And Personal Care, Other End-users
Subsegments:
1) By Yellow Peas: Textured Yellow Pea Protein Isolate, Textured Yellow Pea Protein Concentrate, Textured Yellow Pea Protein Flour
2) By Green Peas: Textured Green Pea Protein Isolate, Textured Green Pea Protein Concentrate, Textured Green Pea Protein Flour
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Which Emerging Trends Are Reshaping The Textured Pea Protein Market Size?
The introduction of organic pea protein isolate is a newfound trend in the textured pea protein market. Major firms in this sector are striving to unveil organic pea protein to cater to the consumers' growing preference for organic protein items. For example, in December 2022, Royal DSM, a Netherlands-based global science company with a focus on health, nutrition, and materials, debuted Vertis Textured Pea Canola Protein. This revolutionary plant-based protein is unique, offering all nine essential amino acids, thereby making it a complete protein. The pioneering component merges pea protein and Vertis CanolaPRO protein isolate, forming a product that is devoid of soy, gluten, and dairy.
Who Are the Key Players in the Textured Pea Protein Market?
Major companies operating in the textured pea protein market include:
• Roquette Freres SA
• Puris Foods LLC
• Burcon Nutrascience Corporation
• Nisco ApS
• Sotexpro SAS
• Exeller NV
• Vestkorn Milling AS
• Nutri-Pea Ltd.
• Cosucra Groupe Warcoing SA
• Scoular Grain Company
• Axiom Foods Inc.
• Alliance Grain Traders Foods
• The Green Labs LLC
• DuPont Nutrition & Biosciences
• Shandong Jianyuan Foods Co. Ltd.
• Kerry Group plc
• Emsland Group
• Yantai Shuangta Food Co. Ltd.
• Yantai Oriental Protein Tech Co. Ltd.
• Shandong Zhaoyuan Food Company
• Shandong Huatai Food Co. Ltd.
• Ingredion Inc.
• Fenchem Inc.
• A&B Ingredients
• Farbest Brands
• Glanbia Nutritionals Plc
• Martin & Pleasance Wholesale Pty Ltd.
• Now Health Group Inc.
• Prinova Group
• Shaanxi Fuheng Biotechnology Co. Ltd.
What are the Regional Insights into the Textured Pea Protein Market?
North America was the largest region in the textured pea protein market in 2024. Europe was the second-largest market in the textured pea protein market. The regions covered in the textured pea protein market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
