Organic Pea Protein Market By Type (Isolates, Textured, and Concentrates), By Form (Dry and Liquid), By Application (Food & Beverages, Dietary Supplements, Snacks & Bakery Products, Pharmaceuticals, Cosmetics, Meat Extenders & Analogs, and Others), By Region - Trends, Analysis and Forecast till 2034

Report Code: PMI109819 | Publish Date: February 2024 | No. of Pages: 176

Global Organic Pea Protein Market Overview

Organic Pea Protein Market was valued at USD 29.9 Billion in 2024 and is projected to grow at a CAGR of 11.00% to reach USD 77.5 Billion by 2034.

The organic pea protein market has experienced significant growth in recent years, driven by the increasing demand for plant-based protein sources, rising awareness of health and sustainability, and a growing consumer preference for organic products. Organic pea protein is derived from yellow peas and is valued for its high protein content, essential amino acids, and suitability for various dietary preferences, including vegetarian, vegan, and gluten-free.

Dividing this target market into segments:

Organic Pea Protein Market is segmented based on Type, Form, Application and Region.

Type Insight

On the basis of Type, the target market is segmented into Isolates, Textured, and Concentrates.

Form Insight

On the basis of Form, the target market is segmented into Dry and Liquid.

Application Insight

On the basis of Application, the target market is segmented into Food & Beverages, Dietary Supplements, Snacks & Bakery Products, Pharmaceuticals, Cosmetics, Meat Extenders & Analogs, and Others.

Global Organic Pea Protein Market Drivers & Restraints

Drivers

Restrains

Rising Demand for Plant-Based Proteins

Flavor and Texture Challenges

Allergen-Free Appeal

Competition from Other Plant Proteins

Clean Label Movement

 

Global Organic Pea Protein Market Segmentations & Regional Insights

Regional Insights:

On region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

North America market is estimated to witness a significantly high revenue share over the forecast period due to rising investment and funding.

o   Growing Demand for Plant-Based Proteins

o   Expanding Product Offerings

o   Health and Wellness Awareness

Asia Pacific market is estimated to witness a fastest revenue share over the forecast period.

o   Increasing Health Consciousness

o   Product Innovation

o   Market Entry of Global Players

Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Type – Isolates, Textured, and Concentrates

By Form - Dry and Liquid

By Application - Food & Beverages, Dietary Supplements, Snacks & Bakery Products, Pharmaceuticals, Cosmetics, Meat Extenders & Analogs, and Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032.

Few Other Promising Reports:

Global Organic Pea Protein Market Competitive Landscape & Key Players

The key players operating the Organic Pea Protein Market includes, Zelang Group, Farbest Brands, Axiom Foods, Inc., AIDP, Incorporated, The Green Labs LLC, Phyto-Therapy Pty Ltd, The Scoular Company, World Food Processing, L.L.C, Bioway (Xian) Organic Ingredients Co., Ltd., and Shaanxi Fuheng (Fh) Biotechnology Co., Ltd.

Global Organic Pea Protein Market Recent News

The New Launched Product News,

  • In October 2022, French firm Roquette has announced the launch of a new line of organic pea ingredients: organic pea starch and organic pea protein. These components are made at its Portage la Prairie facility using peas that are acquired from a network of Canadian organic pea growers. With the help of these innovative solutions, Roquette gives its clients the freedom to select food items that are high-quality, dependable, and completely traceable back to the farm.
  • In December 2022, Merit Functional Foods launched a new organic version of its Peazazz C protein, which is its first USDA-Certified Organic Protein ingredient. Organic Peazazz C 850 is created at Merit's Winnipeg factory using organic peas that are cultivated on Canadian soil and are totally traceable from farm to finish. It offers a robust profile of solubility, viscosity, texture enhancement, low salt, and at least 85% protein to formulators of plant-based foods and beverages.

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