Pea Protein Industry Size

The report "Pea Protein Market by Type (Isolates, Concentrates, and Textured), Application (Food, Beverages, and Other Applications), Nature (Conventional and Organic), Processing Method (Dry and Wet), and Region - Global Forecast to 2031" is estimated to be USD 1.45 billion in 2026 and is projected to reach USD 2.59 billion by 2031, at a CAGR of 12.3% from 2026 to 2031.

Browse 243 market data Tables and 62 Figures spread through 277 Pages and in-depth TOC on "Pea Protein Market by Type (Isolates, Concentrates, and Textured), Application (Food, Beverages, and Other Applications), Nature (Conventional and Organic), Processing Method (Dry and Wet), and Region - Global Forecast to 2031"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/pea-protein-market-36916504.html

The demand for pea protein is increasing across food, beverages, and other applications, supported by growing consumer interest in plant-based, high-protein, and sustainable ingredients. Within food applications, pea protein is increasingly used in meat substitutes to provide protein content and desirable texture, while performance nutrition products such as protein powders, sports drinks, and protein bars are gaining traction among consumers seeking plant-based protein sources. Functional foods, snacks, bakery products, and confectionery are also incorporating pea protein to enhance nutritional profiles and support clean-label product development. Other food applications further contribute to demand as manufacturers explore pea protein in a wider range of formulations.

In beverages, pea protein is increasingly used in protein shakes, ready-to-drink beverages, plant-based drinks, and nutritional beverages, supported by improvements in solubility, taste, and formulation performance. Other applications are also adopting pea protein as manufacturers seek versatile plant-based protein ingredients for emerging food and nutrition products. The shift toward non-GMO, allergen-friendly, clean-label, and sustainably sourced ingredients, along with advances in extraction, processing, flavor masking, and formulation technologies, is expected to broaden the use of pea protein across these applications.

By type, textured segment to exhibit fastest growth rate during forecast period.

Textured pea protein is expected to be the fastest-growing type segment in the pea protein market due to its fibrous appearance and granule size, which makes it particularly suitable for plant-based ground meat, vegan sausages, and patties. Its ability to enhance juiciness and mimic the sensation of biting into meat makes it a suitable ingredient for developing meat alternative products with desirable taste and texture.

The segment is further supported by the nutritional and functional properties of textured pea protein. It provides favorable levels of lysine and glutamine, contains soluble and insoluble fiber, and offers functional attributes in food systems. Its gluten-free, soy-free, allergen-free, sustainable, and non-GMO characteristics also strengthen its suitability as an alternative to textured soy protein.

By application, beverages segment to record highest CAGR during forecast period

By application, the beverages segment is expected to witness the highest growth rate in the pea protein market, driven by increasing consumer interest in plant-based foods and functional, healthy drinks. Plant proteins are being incorporated into a wide range of refrigerated and shelf-stable beverages as consumers seek convenient sources of protein. The growing number of ready-to-drink products with added protein is further supporting the use of pea protein in beverage formulations.

The increasing adoption of vegan claims and growing interest in alternatives to soy and whey proteins are also strengthening demand for pea protein in beverages. Its use in products such as high-protein drinks, teas, coffee, and other beverages is expanding as manufacturers respond to consumers' focus on health and wellness.

Asia Pacific to register fastest growth in global pea protein market.

Asia Pacific is expected to be the fastest-growing regional market for pea protein, driven by rapid population growth, an expanding middle class, and fast-changing consumer requirements. The region’s food industry is also being influenced by increasing awareness of chronic diseases, growing demand for sustainable food production, and the need for innovative food value chains amid climate change and rising energy costs.

The growth of the plant-based meat market and increasing funding for alternative protein companies are further supporting regional demand for pea protein. In addition, the rapid rise of supermarkets in developing Asia Pacific markets is expected to expand the retail reach of pea protein products beyond direct and online sales, supporting wider product adoption.

The report profiles key players such as Roquette Frères (France), ADM (US), Ingredion (US), Kerry Group plc (Ireland), Glanbia plc (Ireland), Cargill, Incorporated (US), International Flavors & Fragrances Inc. (US), PURIS (US), Emsland Group (Germany), Yantai Shuangta Food Co., Ltd. (China), Burcon (Canada), Axiom Foods, Inc. (US), Shandong Jianyuan group (China), ET-Chem (China), AGT Food and Ingredients Inc. (Canada), and others.

Don’t miss out on business opportunities in Pea Protein Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook .

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: [email protected]
Visit Our Website: https://www.marketsandmarkets.com