Yellow Pea Protein Market Size

SkyQuest Technology's Yellow pea protein market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global Yellow Pea Protein Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.

Yellow Pea Protein Market Insights

Yellow Pea Protein Market size was valued at USD 2.14 Billion in 2023 and is poised to grow from USD 2.41 Billion in 2024 to USD 6.32 Billion by 2032, growing at a CAGR of 12.8% during the forecast period (2025-2032).

The need for protein substitutes has grown during the last few years. Due to the consumption of yellow pea protein’s health benefits and the rising number of health-conscious customers around the world, the global yellow pea protein market has experienced substantial expansion in recent years. Pea protein has greatly increased in popularity, despite the market for protein components still being dominated by animal-based and soybean proteins. Yellow pea proteins are an excellent source of lysine, antifungal bioactive peptides, dietary lectins, and other health-promoting properties, that accelerate the market growth.

The advantages of pea protein consumption over animal protein or other plant-based protein sources, including sustainable production, reduced allergenicity, and health benefits, are credited with the increase in interest in pea protein. The market is anticipated to expand more quickly as customers strive for simplified labelling, tasty goods, and different protein sources to satisfy specific dietary preferences.

US Yellow Pea Protein Market is poised to grow at a sustainable CAGR for the next forecast year.

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Yellow Pea Protein Market size was valued at USD 2.14 Billion in 2023 and is poised to grow from USD 2.41 Billion in 2024 to USD 6.32 Billion by 2032, growing at a CAGR of 12.8% during the forecast period (2025-2032).

Global Yellow Pea Protein Market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Roquette Frères (France) ', 'Cargill, Inc. (USA) ', 'Ingredion Incorporated (USA) ', 'PURIS Proteins LLC (USA) ', 'Burcon NutraScience Corporation (Canada) ', 'Kerry Group PLC (Ireland) ', 'DuPont de Nemours, Inc. (USA) ', 'The Scoular Company (USA) ', 'Glanbia plc (Ireland) ', 'Cosucra Groupe Warcoing S.A. (Belgium) ', 'Shandong Jianyuan Group (China) ', 'Axiom Foods, Inc. (USA) ', 'Bata Food (Turkey) ', 'Emsland Group (Germany) ', 'Farbest Brands (USA) ', 'AGT Food and Ingredients (Canada) ', 'Vestkorn Milling AS (Norway) ', 'Nutri-Pea Limited (Canada) ', 'Shandong Huatai Food Co., Ltd. (China) ', 'Yantai Shuangta Food Co., Ltd. (China)'

Due to the rising demand for vegan and vegetarian protein sources, the yellow pea protein industry has been expanding rapidly. To enhance the quality of their products, manufacturers are concentrating on cutting-edge technology and products. Additionally, the need for substitute protein components derived from milk derivatives is driven by the rising number of consumers who are lactose intolerant.

Plant-based transitions are gradual, but in recent years, an increasing number of consumers have adopted a vegan, partially vegan, or flexitarian lifestyle. It is unlikely that consumers will return to their original state after switching to a plant-based animal-based diet. Furthermore, the plant-based market now has far more options than the meat product market, which is more appealing than taste, primarily to millennial and Gen Z consumers. For the millennial and Gen Z generations. The majority of those polled intend to reduce their meat consumption over the next three years. This is also true for milk consumers. With more options, consumers can reduce their consumption of meat and dairy products even further.

North America dominated the market and held the largest share of the Global Yellow Pea Protein Market. The growth factors for the market is the increasing adoption of pea protein instead of animal protein. Also, the major manufacturing player are available in that region.

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Global Yellow Pea Protein Market
Yellow Pea Protein Market

Report ID: SQSG30B2008

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