Pea Protein Market

The global Pea Protein Market is foreseen to grow at 11.1%, from USD 1688.4 Million in 2021 to USD 3919.1 Million in 2029. Growing vegan population and popularity of plant-based products, Advancements in extraction and processing technologies, Growing consumer awareness about nutritional benefits offered by pea and pea-based products are the factors driving the growth of the global Pea Protein Market. However, High cost of raw material, Low processing outputs result in limited supply to manufacturers is anticipated to restraint the market growth for the estimated period.

Market Definition

What is Pea Protein?

Pea protein is a type of food. It is a source of protein derived and extracted in powder from the yellow and green split peas, Pisum sativum, classified in the legume food group. It can be used as a supplement to increase an individual's protein or other nutrient intake, or as a substitute for other food products.

Research Scope

The report provides market value for base year 2021 and a yearly forecast from 2022 to 2029 in terms of revenue (USD Million). Market for each segment is present on North America, Europe, Asia Pacific, Latin America and Middle East & Africa as well as regional basis for the above-mentioned forecast period.

Key industry dynamics, regulatory scenario, major material dynamics and Collagen future markets are analyzed to understand their impact on demand for the forecast period. Growth rates have been estimated using correlation, regression and time-series analysis.

Market Overview

Pea Protein Market report also provide a thorough understanding of the cutting-edge competitive analysis of the emerging market trends along with the drivers, restraints, challenges, and opportunities in the Pea Protein Market to offer worthwhile insights and current scenario for making right decision. The report covers the prominent players in the market with detailed SWOT analysis, financial overview, and key developments of the products/services from the past three years. Moreover, the report also offers a 360º outlook of the market through the competitive landscape of the global industry player and helps the companies to garner Pea Protein Market revenue by understanding the strategic growth approaches.

Pea Protein Market study by “Zettabyte Analytics” provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years.

Market Segmentation

For the purpose of this report, the global Pea Protein Market is segmented on the basis of Type, Form, Source, Application, End User and region:

Type Outlook:

On the basis of Type, the market is segmented into Concentrates, Hydrolysate, Isolates.

Figure 1 - Pea Protein Market, By Type (Market Size And Forecast By Value - USD Million, 2021 & 2029)