Organic Pea Protein Market Size, Share, Analysis, Trends, Growth, Forecasts, 2032

Organic Pea Protein Industry Prospective:

The global organic pea protein market size was evaluated at $12 million in 2023 and is slated to hit $20 million by the end of 2032 with a CAGR of nearly 7% between 2024 and 2032.

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Organic Pea Protein Market: Overview

Organic pea protein is extracted from yellow peas and has gained huge popularity as a high-quality source of plant-based protein. It comprises ingredients with high nutritive value and exceptional functional features. It is most popular among vegetarians and vegans as well as among those with dairy allergies. Reportedly, it helps in muscle repair and development.

Key Insights

• As per the analysis shared by our research analyst, the global organic pea protein market is projected to expand annually at the annual growth rate of around 7% over the forecast timespan (2024-2032)
• In terms of revenue, the global organic pea protein market size was evaluated at nearly $12 million in 2023 and is expected to reach $20 million by 2032.
• The global organic pea protein market is anticipated to grow rapidly over the forecast timeline owing to humungous product demand for plant-based proteins and surging intake of vegan diet.
• In terms of type, the isolates segment is slated to register the highest CAGR over the forecast period.
• Based on application, the food & beverages segment is predicted to contribute majorly towards segmental space in the upcoming years.
• Region-wise, the Asia-Pacific organic pea protein industry is projected to register the fastest CAGR during the projected timespan.

Organic Pea Protein Market: Growth Factors

Massive health benefits derived due to product intake will steer the global market expansion by 2032

Humungous product demand for plant-based proteins and surging intake of vegan diet will steer the growth of the global organic pea protein market.

Moreover, the growing health benefits offered by pea protein consumption, along with its hypoallergenic features, will enhance the scope of the global market surge in the ensuing years.

In addition, the rise in product use in sports nutrition supplements, plant-based meat substitutes, and protein powders will drive the global market surge.

Furthermore, governments across the globe are promoting the use of sustainable farming techniques, thereby embellishing the growth of the market globally.

Organic Pea Protein Market: Restraints

Supply chain disruptions can hinder the growth of the global industry over 2024-2032

Huge manufacturing costs and limitations of supply chain activities are likely to restrict the growth of the global organic pea protein industry.

Moreover, few of the customers can find the product less tasty in comparison to whey and soy protein, thereby restricting the global industry surge.

Organic Pea Protein Market: Opportunities

New product launches are likely to open new facets of growth for the global market by 2032

Rapidly expanding customer base and a rise in health-conscious consumers are projected to open new growth avenues for the global organic pea protein market.

Moreover, people having allergies to dairy, gluten, and dairy can prop up the global market surge in the ensuing years. Innovations in food products will steer the global market size in the years ahead.  

Organic Pea Protein Market: Challenges

Cutthroat competition from other products can challenge the global industry expansion over forecast period

Strict government laws regulating the use of the product as well as labeling of it are likely to challenge the expansion of the global organic pea protein industry.

Moreover, high pricing and competition from product substitutes will challenge the expansion of the global industry.

Organic Pea Protein Market: Segmentation

The global organic pea protein market is divided into type, application, and region.                                             

In terms of type, the organic pea protein market across the globe is segmented into isolates, textured, and concentrates segments.

Apparently, the isolates segment, which amassed nearly 61% of the global market revenue in 2023, is projected to register the highest CAGR in the next eight years owing to a rise in product penetration in food supplements, sports nutrition, and food & beverages segments.

Furthermore, huge protein contents, beneficial functional features, and versatility will drive the segmental surge.

Based on the application, the global organic pea protein industry is segmented into food & beverages, animal feed, and food supplements segments.

Apparently, the food & beverages segment, which dominated the global industry size in 2023, is expected to account majorly toward the segmental surge in the upcoming years. This can be due to escalating demand for plant-based protein substitutes. A

part from this, surging penetration of the product in bakery items and dairy substitutes, along with humungous utilization of product in various foods & beverages, will drive the segmental surge.   

Organic Pea Protein Market: Report Scope

Organic Pea Protein Market: Regional Insights

North America is likely to maintain leading status in the global market over the analysis timeline

North America, which accounted for about 51% of the global organic pea protein market size in 2023, is predicted to establish a leading position in the global market in the forecasting years.

In addition, the regional market expansion in the next decade can be credited to humungous demand for the product in food & beverages.

In addition to this, surging health awareness along with escalating demand for plant-based diets will spur regional market trends.

Moreover, the presence of giant players and the allocation of massive funds for increasing crop yield will steer the market upsurge in North America.

The Asia-Pacific organic pea protein industry is likely to record the fastest compounded growth each year over the forecast period.

The elevation of the industry in the APAC zone can be a result of the huge demand for plant-based proteins from the middle-income group population.

Supportive government policies such as offering incentives and discounts for organic farming as a part of their promotional activities are likely to bolster the industry growth in the region.

Organic Pea Protein Market: Competitive Space

The global organic pea protein market profiles key players such as:

• Farbest Brands
• Yantai Shuangta Food Co. Ltd.
• AGT Food and Ingredients
• Axiom Foods Inc.
• The Scoular Company
• Puris
• Cosucra Groupe Warcoing SA
• Glanbia PLC
• Roquette Frères
• Nutri-Pea Limited
• Burcon NutraScience Corporation
• Fenchem Biotek Ltd.

The global organic pea protein market is segmented as follows:

By Type

• Isolates
• Textured
• Concentrates

By Application

• Food & Beverages
• Animal Feed
• Food Supplements

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa