Pea Protein Market Size and Share

Pea Protein Market Size, Share Outlook Growth by Top Company, Development, Application, Segmentations, Trends and Forecast 2020-2025

  • Report ID: BMRC 597 | Number of pages: 194 | Publish Date: Jan 2020
    Status: Published | Category: Food And Beverage | Delivery Timeline: 48 hrs


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Market Size Graph


Pea Protein market is valued at USD 586.32 Million in 2018 and expected to reach USD 1422.67 Million by 2025 with the CAGR of 13.5% over the forecast period

Scope of The Report:

Pea protein is a food with a neutral taste that is used in dairy alternatives like cheeses and yogurt. It is extracted from the yellow pea, Pisum sativum, and features a typical legume amino acid profile. Pea proteins are often useful ingredient to provide structure to gluten-free foods or improve texture. Some promoting of pea protein is based on consumer concerns around genetic modification of soy plants. It's typically used to increase the protein content of smoothies and shakes and is a great fit for almost any diet since it's naturally vegan and hypoallergenic. Pea protein is a high-quality protein and an excellent supply of iron. It will aid muscle growth, weight loss and heart health. The rising quality of this pea supplement should come as no surprise, considering the amazing makeup of this veggie protein powder. Pea protein powder is among the foremost hypoallergenic of all protein powders, because it contains no gluten, soy or dairy.

Global pea protein market report is segmented on the basis of product type, end user and regional& country level. Based upon product type pea protein market is classified as       pea protein isolates and pea protein concentrated. Based upon end user pea protein market is classified into dietary supplement, baked goods, healthy food, pet food and others.

The growth of the key sectors of application like the analogues and meat extenders, bakery goods, dietary supplements as well as beverages has been expected to drive the demand for pea protein in the years to come.

The largest segment in terms of volume has been the concentrates segment and it is further expected to see a growth in the market. The growth in the application of frozen breads has been expected to have a major impact in the increase of manufacturing output of these baked goods and is going to fuel the demand of this product in the coming years. Isolates has been coming up as a segment off late too and grabbing a major amount of market share.

Pea Protein Companies

Global pea protein market Report covers prominent players are like,

  • Emsland Group
  • Roquette
  • Cosucra
  • Nutri-Pea
  • Shuangta Food
  • Yantai Oriental Protein Tech
  • Shandong Jianyuan Foods
  • Shandong Huatai Food 

The rising vegan population and increasing consumer awareness regarding nutritional benefits offered by pea and pea proteins are the key factors that are projected to drive the growth of the pea protein market.

The rising vegan population and increasing consumer awareness regarding nutritional benefits offered by pea and pea proteins are the key factors that are projected to drive the growth of the pea protein market. Plant proteins have made up a higher quantity of human diet in recent years. Pulse is another new opportunity in food industry used for the formulation of plant protein.  According to Vegan and Plant-Based Diet Statistics, in 2018, there were about 1.16% of population vegans in Great Britain. Even people who aren’t 100% vegan are showing increased interest in replacing some of their meals with plant-based alternatives. Increasing consumer awareness regarding nutritional benefits offered by pea and pea proteins. Fortunately, the vegan foods market is ever-growing, and the products are becoming more realistic. The growing demand for milk alternatives is another significant factor increasing the pea protein market. Consumer demand for alternatives to dairy is on the rise, and with it, an ever-expanding array of plant-based products from which to choose. Pea milk is one of the newer dairy-free milk alternatives, with only one major manufacturer currently in the U.S. but a second one gearing up to introduce its own line soon. Like most other non-dairy alternatives, pea milk is fortified to contain 150% more calcium than cow’s milk. Low consumer awareness, formulation challenges in pea protein products hampers the growth of the market to a greater extent. Rising demand for pea-protein-based sports nutrition & weight management products and growing use of pea proteins as alternative protein source for pet foods have created multiple opportunities in Pea protein Market.

The growth in the popularity of substitutes of meat as well as the increase in concern towards the intolerance to lactose in adults in addition to the rise in the demand for the products which are gluten-free have been recognized as some of the major factors which are driving the global pea protein market in the period in which forecast is made. Further, the outlook towards the sports related nutrition has been expected to spur the growth of the global pea protein market. Though, the presence of other ingredients which are plant based like wheat, canola and soy have been expected to challenge the demand in the global pea protein market.

In terms of processing this product, the yellow and green peas have been used as the raw materials. The rise in the importance of the process of organic farming due to the strong scenarios of regulation in Australia, Brazil and United States for the providing of incentives to farmers has been expected to bolster the increase of the pea crops and also the availability of the raw material which would consequently boost the growth of the industry in the next few years.

There is a growth in the awareness towards the enrichment of nutrition and that has increased the significance of the dietary supplements and therefore has been impacting the market favorably in the period of forecast. Increase in the importance of consumption of protein for vegetarians has been seen as a major cause for rising demand for the powder in the next few years. The rise in the concern about the meat and dairy allergies has been expected to lift the demand for the food products in this market in future.

The growing awareness toward nutrition enrichment has increased the importance of dietary supplements and is expected to favorably impact the market. Increasing importance of protein consumption for vegetarians is foreseen to result in rising demand for pea protein powder over the forecast period. Rising concerns regarding dairy and meat allergies are expected to fuel the demand for protein fortified food products in the near future. The increase in consumption of grains like canola and soy for producing the chemicals that are bio-based has been expected to reduce the availability as the ingredient which has protein.

North America is dominating the Pea Protein Market

North America is expected to dominate the growth of pea protein market, due to increasing Rapid consumer shift towards vegan diets along with rising demand for plant-based alternatives. According to Vegan and Plant-Based Diet Statistics, U.S. retail trades of plant-based foods have increased 11 percent from 2018 to 2019, hitting a plant-based market value to USD4.5 billion. Europe is second largest region for the growth of Pea Protein market due to preventing the exploitation of animals, rising health consciousness, rising incidents of lifestyle diseases and growing environmental awareness are influencing people to switch to a vegan or vegetarian diet. Pea is one of the ancient sources of food in Europe and is still widely grown in the region. According to Vegan Population Statistics in the UK, the 400% increase of vegans in the UK is shocking, but the 1,500% increase in plant-based food sales in the UK is even more shocking. The developing countries such as China and India are driving the growth in the Asia-Pacific Pea Protein market.

The largest consumer as per the estimates is the region of North America in terms of the global volumes. The increase in demand for the items that are gluten free in the United States and the industry of sports nutrition growing has been the major reason behind this growth as well as the details about deaths which have been caused due to the consumption of meet have been important factors for growth

Pea Protein Market Segments:

By product type- Pea protein isolate, Pea protein concentrate, Textured pea protein

By form- Dry, Liquid

By the end-users- Dietary Supplement, Baked Goods, Healthy Food, Pet Food, Others

Market by Regional Analysis

North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa


Frequently Asked Questions (FAQ) :
Pea Protein market is valued at USD 586.32 Million in 2018 and expected to reach USD 1422.67 Million by 2025 with the CAGR of 13.5% over the forecast period
Consumer demand for alternatives to dairy is on the rise, and with it, an ever-expanding array of plant-based products from which to choose. Pea milk is one of the newer dairy-free milk alternatives, with only one major manufacturer currently in the U.S. but a second one gearing up to introduce its own line soon.
Segments are,
By Product type
By form
By the end-users

More Details



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Pea Protein Market Share and Growth | Covid-19 Impact Analysis 2020 and Analysis 2019-2025

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Table of Content

Chapter 1 Global Pea Protein Market: Summary and Quantitative Analysis
1.1 Report Description
1.2 Global Pea Protein Market Revenue Overview
1.3 Global Pea Protein Market Revenue (USD Billion) and Growth (%) Rate, 2015- 2025

Chapter 2 Global Pea Protein Market: Overview and Qualitative Analysis
2.1 Executive Summary
2.2 Market Drivers
2.3 Market Restraints
2.4 Market Opportunities
2.5 Market Trends
2.6 Global Pea Protein Market: SWOT Analysis
2.7 Global Pea Protein Market: PEST Analysis
2.7 Global Pea Protein Market: Porter’s Five Forces Analysis
2.8 Global Pea Protein Market: Attractiveness Analysis
2.8.1 Global Pea Protein Market: Attractiveness Analysis by Type
2.8.2 Global Pea Protein Market: Attractiveness Analysis by Grade
2.8.3 Global Pea Protein Market: Attractiveness Analysis by Regional

Chapter 3 Competitive Analysis
3.1 Global Pea Protein Market
3.1.1 Global Pea Protein market Revenue (USD Billion), By Players 2018
3.1.2 Global Pea Protein Market Revenue Share (%), By Players 2018

Chapter 5 Global Pea Protein Market: By Product Type
5.1 Global Pea Protein Market Share (%), By Product Type, 2018
5.2 Global Pea Protein Market Revenue (USD Billion), By Product Type, 2015 – 2025
5.3 Global Pea Protein Market Revenue (USD Billion), By Retro,2015-2025
5.4 Global Pea Protein Market Revenue (USD Billion), 2015-2025
5.4 Global Pea Protein Market Revenue (USD Billion), 2015-2025
5.5 Global Pea Protein Market Revenue Share (%), By Product Type, 2015 – 2025
5.6 Global Pea Protein Market Revenue Market Share (%), By Product Type, 2015-2025

Chapter 6 Global Pea Protein Market: By Product Type
6.1 Global Pea Protein Market Share (%), By Product Type, 2018
6.2 Global Pea Protein Market Revenue (USD Billion), By Type, 2015 – 2025

Chapter 7 North America Pea Protein Market Analysis
7.1 North America Market Snapshot
7.1.1 North America Pea Protein Market Revenue and Growth Rate (%), 2015-2025.
7.1.2 North America Pea Protein Market Revenue (USD Billion) Overview, by Country, 2015 – 2025
7.1.3 North America Pea Protein Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025.
7.1.5 North America Pea Protein Revenue (USD Billion) Overview, By Product Type, 2015-2025
7.1.6 North America Pea Protein Revenue (USD Billion) Overview, By Product Type , 2015-2025

Chapter 8 Europe Pea Protein Market Analysis
8.1 Europe Market Snapshot
8.1.1 Europe Pea Protein Market Revenue and Growth Rate (%), 2015-2025.
8.1.2 Europe Pea Protein Market Revenue (USD Billion) Overview, by Country, 2015 – 2025
8.1.3 Europe Pea Protein Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025.
8.1.5 Europe Pea Protein Revenue (USD Billion) Overview, By Product Type, 2015-2025
8.1.6 Europe Pea Protein Revenue (USD Billion) Overview, By Type, 2015-2025

Chapter 9 Asia Pacific Pea Protein Market Analysis
9.1 Asia Pacific Market Snapshot
9.1.1 Asia Pacific Pea Protein Market Revenue and Growth Rate (%), 2015-2025.
9.1.2 Asia Pacific Pea Protein Market Revenue (USD Billion) Overview, by Country, 2015 – 2025
9.1.3 Asia Pacific Pea Protein Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025.
9.1.5 Asia Pacific Pea Protein Revenue (USD Billion) Overview, By Product Type, 2015-2025
9.1.6 Asia Pacific Pea Protein Revenue (USD Billion) Overview, By Type, 2015-2025

Chapter 10 Latin America Pea Protein Market Analysis
10.1 Latin America Market Snapshot
10.1.1 Latin America Pea Protein Market Revenue and Growth Rate (%), 2015-2025.
10.1.2 Latin America Pea Protein Market Revenue (USD Billion) Overview, by Country, 2015 – 2025
10.1.3 Latin America Pea Protein Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025.
10.1.5 Latin America Pea Protein Revenue (USD Billion) Overview, By Product Type, 2015-2025
10.1.6 Latin America Pea Protein Revenue (USD Billion) Overview, By Type, 2015-2025

Chapter 11 Middle East & Africa Pea Protein Market Analysis
11.1 Middle East & Africa Market Snapshot
11.1.1 Middle East & Africa Pea Protein Market Revenue and Growth Rate (%), 2015-2025.
11.1.2 Middle East & Africa Pea Protein Market Revenue (USD Billion) Overview, by Country, 2015 – 2025
11.1.3 Middle East & Africa Pea Protein Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025.

11.1.5 Middle East & Africa Pea Protein Revenue (USD Billion) Overview, By Product Type, 2015-2025
11.1.6 Middle East & Africa Pea Protein Revenue (USD Billion) Overview, By Type, 2015-2025

Chapter 12 Competitive Analysis
12.1 Company 1.
12.1.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
12.1.2 Company 1. Total Company Revenue 2015-2018
12.1.3 Company 1. Total Company Revenue, By Segment of Business 2015-2018
12.1.4 Company 1. Total Company Revenue, By Region 2015-2018
12.1.5 Company 1. Global Pea Protein Product Category and Description
12.1.6 Company 1. Recent Activity 2015-2019
12.1.7 Main Business/Business Overview
12.1.8 Business Strategy
12.1.9 SWOT Analysis
12.2 Company 2.
12.2.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
12.2.2 Company 2. Total Company Revenue 2015-2018
12.2.3 Company 2. Total Company Revenue, By Segment of Business 2015-2018
12.2.4 Company 2. Total Company Revenue, By Region 2015-2018
12.2.5 Company 2. Global Pea Protein Product Category and Description
12.2.6 Company 2. Recent Activity 2015-2019
12.2.7 Main Business/Business Overview
12.2.8 Business Strategy
12.2.9 SWOT Analysis
12.3 Company 3
12.3.1 Business Overview
12.3.2 Company 3Market Product Category and Description & Specification
12.3.3 Main Business/Business Overview
12.3.4 Business Strategy
12.3.5 SWOT Analysis
12.4 Company 4.
12.4.1 Business Overview
12.4.2 Company 4.Company Total Company Revenue 2015-2018
12.4.3 Company 4.Company Total Company Revenue, By Segment of Business 2015-2018
12.4.4 Company 4.Company Total Company Revenue, By Region of Business 2015-2018
12.4.5 Company 4.Company Product Category, Specification and Description
12.4.6 Company 4.Company Recent Mergers & Acquisitions (M&A) Activity 2015-2019
12.4.7 Company 4.Company Main Business/Business Overview
12.4.8 Business Strategy
12.4.9 SWOT Analysis
12.5 Company 5
12.5.1 Business Overview
12.5.2 Company 5 Company Net Sales 2015-2018
12.5.3 Company 5 Company Net Sales, By Segment of Business 2011-2018
12.5.4 Company 5 Company Net Sales, By Region 2015-2018
12.5.5 Company 5 Pea Protein Market Product Category and Specification
12.5.6 Company 5 Recent Mergers & Acquisitions (M&A) Activity 2015-2019
12.5.7 Company 5 Main Business/Business Overview
12.5.8 Business Strategy
12.5.9 SWOT Analysis
12.6 Company 6
12.6.1 Business Overview
12.6.2 Company 6 Pea Protein Market Product Category and Specification
12.6.3 Company 6 Recent Mergers & Acquisitions (M&A) Activity 2015-2019
12.6.4 Company 6 Main Business/Business Overview
12.6.5 Business Strategy
12.6.6 SWOT Analysis

Chapter 13 Market Research Findings & Conclusion

Chapter 14 Research Methodology
14.1 Research Process
14.2 Primary Research
14.3 Secondary Research
14.4 Market Size Estimates
14.5 Forecast Model
14.7 Who is This Report For?
14.8 USP’s of Report
?
List of Figures

FIG. 1 Global Pea Protein Market Revenue (USD Billion) and Growth Rate (%), 2015- 2025
FIG. 4 Global Pea Protein Market: Attractiveness Analysis By Product Type
FIG. 5 Global Pea Protein Market: Attractiveness Analysis By Type
FIG. 6 Global Pea Protein Market: Attractiveness Analysis by Regional
FIG. 7 Global Pea Protein Market
FIG. 8 Global Pea Protein Market Share (%), By Product Type, 2018
FIG. 9 Global Pea Protein Market Revenue (USD Billion), By Application, 2015-2025
FIG. 10 Global Pea Protein Market Revenue (USD Billion), By End Use , 2015-2025
FIG. 10 Global Pea Protein Market Revenue (USD Billion), By Type, 2015-2025
FIG. 11 Global Pea Protein Market Revenue Market Share (%), By Product Type, 2015-2025
FIG. 20 North America Pea Protein Market Revenue (USD Billion) and Growth Rate (%), 2015-2025.
FIG. 21 North America Pea Protein Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025.
FIG. 22 Europe Pea Protein Market Revenue (USD Billion) and Growth Rate (%), 2015-2025.
FIG. 23 Europe Pea Protein Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025.
FIG. 24 Asia Pacific Pea Protein Market Revenue (USD Billion) and Growth Rate (%), 2015-2025.
FIG. 25 Asia Pacific Pea Protein Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025.
FIG. 26 Latin America Pea Protein Market Revenue (USD Billion) and Growth Rate (%), 2015-2025.
FIG. 27 Latin America Pea Protein Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025.
FIG. 28 Middle East & Africa Pea Protein Market Revenue (USD Billion) and Growth Rate (%), 2015-2025.
FIG. 29 Middle East & Africa Pea Protein Market Revenue (USD Billion) and Growth Rate (%), 2015 – 2025.
FIG. 30 Company 1. Total Company Revenue 2015-2018 (USD Million, R & D Expenses %)
FIG. 31 Company 1. Total Company Revenue, by Segment of Business 2015-2018 (USD Million, AGR %)
FIG. 32 Company 1. Total Company Revenue, by Region 2015-2018 (USD Million, AGR %)
FIG. 33 Company 2. Total Company Revenue 2015-2018 (USD Million)
FIG. 34 Company 2. Total Company Revenue, by Segment of Business 2015-2018 (USD Million, AGR %)
FIG. 35 Company 2. Total Company Revenue, by Region 2015-2018 (USD Million, AGR %) 119
FIG. 36 Company 3 Total Company Revenue 2015-2018 (USD Million)
FIG. 37 Company 3 Total Company Revenue, by Segment of Business 2015-2018 (USD Million, AGR %)
FIG. 38 Company 3 Total Company Revenue, by Region of Business 2015-2018 (USD Million, AGR %)
FIG. 39 Company 4. Company Net Sales 2015-2018 (USD Million, R & D Expenses %)
FIG. 40 Company 4. Company Net Sales, by Segment of Business 2015-2018 (USD Million, AGR %)
FIG. 41 Company 4. Company Net Sales, by Region 2015-2018 (USD Million, AGR %)
FIG. 42 Company 5 Total Company Revenue 2015-2018 (USD Million, R & D Expenses %)
FIG. 43 Company 5 Total Company Revenue, by Segment of Business 2015-2018 (USD Million, AGR %)
FIG. 44 Primary Research
FIG. 45 Sources of Secondary Research
FIG. 46 Forecast Model

List of Tables

TABLE 1 Global Pea Protein Market Overview
TABLE 2 Market Driver Impact Analysis
TABLE 3 Market Restraints Impact Analysis
TABLE 4 Global Pea Protein market Revenue (USD Billion), By Players2018
TABLE 5 Global Pea Protein market Revenue Market share (%), By Players- 2018
TABLE 6 Global Pea Protein Market Revenue (USD Billion), By Product Type, 2015 - 2025
TABLE 7 Global Pea Protein Market Revenue Share (%), By Product Type, 2015 - 2025
TABLE 8 Global Pea Protein Market Revenue (USD Billion), By Product Type, 2015 - 2025
TABLE 9 Global Pea Protein Market Revenue Share (%), By Product Type, 2015 - 2025
TABLE 10 Global Pea Protein Market Revenue (USD Billion), 2015 - 2025
TABLE 11 Global Pea Protein Market Revenue Share (%), By , 2015 - 2025
More …………...

Pea Protein Market Size, Share Outlook Growth by Top Company, Development, Application, Segmentations, Trends and Forecast 2020-2025

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