South Africa Pea Protein Market Size & Outlook, 2024-2030
South Africa pea protein market, 2018-2030 (US$M)
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South Africa pea protein market highlights
- The South Africa pea protein market generated a revenue of USD 36.4 million in 2024 and is expected to reach USD 60.7 million by 2030.
- The South Africa market is expected to grow at a CAGR of 8.9% from 2025 to 2030.
- In terms of segment, isolates was the largest revenue generating product in 2024.
- Isolates is the most lucrative product segment registering the fastest growth during the forecast period.
Pea protein market data book summary
| Market revenue in 2024 | USD 36.4 million |
| Market revenue in 2030 | USD 60.7 million |
| Growth rate | 8.9% (CAGR from 2024 to 2030) |
| Largest segment | Isolates |
| Fastest growing segment | Isolates |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Isolates, Concentrates, Textured, Hydrolysates |
| Key market players worldwide | Burcon NutraScience Corp, DuPont de Nemours Inc, Cosucra, NutriPea, Sotexpro, Ingredion Inc, Fenchem, Roquette America, The Scoular Company, Axiom Foods, Martin & Pleasance, The Green Labs |
Other key industry trends
- In terms of revenue, South Africa accounted for 1.5% of the global pea protein market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa pea protein market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa 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 |
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South Africa 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 50.55% in 2024. Horizon Databook has segmented the South Africa pea protein market based on isolates, concentrates, textured, hydrolysates covering the revenue growth of each sub-segment from 2018 to 2030.
The country has a significant presence of prominent meat alternative manufacturers including Beyond Meat and Impossible Foods. These companies are increasingly introducing a variety of meatless products to attract consumers or to create traction around alternative meat products.
Moreover, increasing consumer interest toward such products, owing to health and sustainability concerns of meat, is expected to increase the demand for pea protein, which are used as texturizing and protein additives in alternative meat products.
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Target buyers of South Africa 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 country-level data and insights on the South Africa pea protein market , including forecasts for subscribers. This country databook contains high-level insights into South Africa pea protein market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa pea protein market size, by product, 2018-2030 (US$M)
South Africa Pea Protein Market Outlook Share, 2024 & 2030 (US$M)
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