Global Pea Protein Market Size & Outlook, 2024-2030
Global pea protein market, 2018-2030 (US$M)
Related Markets
Global pea protein market highlights
- The global pea protein market generated a revenue of USD 2,367.8 million in 2024 and is expected to reach USD 4,709.7 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 12.1% by 2030.
- In terms of segment, isolates accounted for a revenue of USD 1,184.2 million in 2024.
- Isolates is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, South Africa is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 2,367.8 million |
| Market revenue in 2030 | USD 4,709.7 million |
| Growth rate | 12.1% (CAGR from 2024 to 2030) |
| Largest segment | Isolates |
| Fastest growing segment | Isolates |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Isolates, Concentrates, Textured, Hydrolysates |
Other key industry trends
- In terms of revenue, the North America accounted for 33.3% of the global pea protein market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 60.7 million by 2030.
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Pea Protein Market Scope
Pea Protein Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global pea protein market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pea protein market will help companies and investors design strategic landscapes.
Isolates was the largest segment with a revenue share of 50.01% in 2024. Horizon Databook has segmented the Global pea protein market based on isolates, concentrates, textured, hydrolysates covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Pea Protein Product Outlook (Revenue, USD Million, 2018-2030)
- Isolates
- Concentrates
- Textured
- Hydrolysates
- Global Pea Protein Form Outlook (Revenue, USD Million, 2018-2030)
- Dry
- Wet
- Global Pea Protein Source Outlook (Revenue, USD Million, 2018-2030)
- Yellow Split Peas
- Others
- Global Pea Protein Application Outlook (Revenue, USD Million, 2018-2030)
- Personal Care & Cosmetics
- Animal Feed
- Others
- Global Pea Protein Food & Beverages Outlook (Revenue, USD Million, 2018-2030)
- Meat substitutes
- Bakery goods
- Dietary supplements
- Beverages
- Others
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Target buyers of Global pea protein market databook
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Our clientele includes a mix of pea protein market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global pea protein market , including forecasts for subscribers. This global databook contains high-level insights into Global pea protein market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global pea protein market size, by regions, 2018-2030 (US$M)
Top 10 countries: Pea protein market size, 2024 (US$M)
Global pea protein market share, by product, 2024 & 2030 (%, US$M)
Pea protein market: Opportunity assessment by country
Global pea protein market, by region, 2024 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 408.1 | 453.2 | 504.6 | 562.2 | 627.5 | 702.3 | 787.5 | 885.0 | 994.7 | 1,119.8 | 1,262.2 | 1,424.5 | 1,610.6 | 12.7% |
| Europe | 339.4 | 373.3 | 411.6 | 454.2 | 502.1 | 556.5 | 618.0 | 687.9 | 765.7 | 853.6 | 952.9 | 1,065.1 | 1,192.6 | 11.6% |
| Asia Pacific | 333.2 | 372.0 | 416.2 | 466.2 | 523.0 | 588.1 | 662.6 | 748.1 | 844.8 | 955.4 | 1,082.0 | 1,226.9 | 1,393.6 | 13.2% |
| Latin America | 108.8 | 118.5 | 129.3 | 141.2 | 154.6 | 169.3 | 185.8 | 204.4 | 224.9 | 247.8 | 273.4 | 302.0 | 334.2 | 10.3% |
| MEA | 73.0 | 78.4 | 84.4 | 90.7 | 97.1 | 105.2 | 113.9 | 123.3 | 133.2 | 143.7 | 154.9 | 166.5 | 178.7 | 7.8% |
| Overall | 1,262.5 | 1,395.4 | 1,546.0 | 1,714.6 | 1,904.3 | 2,121.4 | 2,367.8 | 2,648.7 | 2,963.3 | 3,320.3 | 3,725.4 | 4,185.0 | 4,709.7 | 12.1% |
Related regional statistics
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