Organic Pea Protein Market

Global Organic Pea Protein Market Size (2024 to 2029)

Global Organic Pea Protein Market is expected to progress from USD 20.85 billion in 2024 to achieve USD 26.38 billion by 2029, with a CAGR of 12.0% during the outlook period (2024 to 2029)

MARKET OVERVIEW

Pea proteins are concentrated substances in a protein powder that are produced by grinding dry peas and excluding the content of starch and fiber. Pea protein products are widely used as clean lean protein due to their high nutritional value and clean production process. Well-planned vegetarian diets are completely healthy and nutritionally suitable for people at all stages of life. Vegetable protein has been linked to the variability of health assistances, containing Longevity, optimal health, and weight control. Research and development can assistance meat eaters, vegetarians, and vegans to realize the benefits of embracing plant proteins. Growing consumer awareness of the choice of vegetable proteins and their increasing use in healthy food products are factors that positively influence the dynamics of the organic pea protein market.

MARKET DRIVERS AND RESTRAINTS

Growing favoritism for organic products in bodybuilding is an important factor supporting the development of the market worldwide. Organic protein products are widely consumed by individuals and are prescribed by the pharmacist to overcome the body's low protein content.

The growing preference for pea protein powder is due to its high protein content. Organic Pea Protein Powder is perfect for almost any diet because it is naturally vegan and hypoallergenic. These factors are supposed to stimulate growth in the global market over the forecast period. Also, the increase in government initiatives for organic agriculture in various countries and the increase in the vegan population worldwide should stimulate growth in the target market in the future. Besides, growing awareness of the high nutritional benefits offered by pea powder to people around the world is likely to spread growth in the global marketplace in the next ten years.In accordance with strict guidelines and organic standards, companies must properly label their products. For example, organic food products must be labeled if they are 100% certified or contain only organic ingredients.

The accessibility of this info meets the demand of consumers looking for products with several nutrition benefits and health. Consequently, this shows the growing popularity of organic private-label brands among consumers. The health problems of the millennial population are increasing rapidly, which has led to increased spending on natural and organic foods, as they are perceived to be free of hormones, additives, antibiotics, and GMO-free products. These products are greener and are manufactured without any synthetic substance. Therefore, consumers are turning towards organic products, which is estimated to propel the demand for organic pea protein in the worldwide marketplace. Consumer preference for organic food products is likely to increase significantly amid the coronavirus spread. Organic pea protein manufacturers and suppliers optimize product supply based on consumer demand. However, the stringent guidelines and procedures related to the manufacture of organic pea protein and the high-cost accompanying organic protein products worldwide are important aspects believed to be hindering the growth of the Organic Pea Protein Market to some extent.

REPORT COVERAGE

DETAILED SEGMENTATION OF THE GLOBAL ORGANIC PEA PROTEIN MARKET INCLUDED IN THIS REPORT

This research report on the global organic pea protein market has been segmented and sub-segmented based on type, form, application, and region.

Global Organic Pea Protein Market By Type

• Isolates     
• Concentrates         
• Textured

Global Organic Pea Protein Market By Form                             

• Dry             
• Liquid

Global Organic Pea Protein Market By Application

• Nutritional supplements   
• Beverages               
• Meat extenders & analogs               
• Snacks & bakery products
• Others 

The global Organic Pea Protein market was led by pea protein isolate, by type, in 2019. Pea protein isolates are experiencing an increase in applications such as high-performance nutrition products, products of confectionery, cereals, dairy products of plant origin, and herbal meat products. The use of pea protein is increasing in the meat substitute industry as its functional properties aid in the production of meat substitutes, including hamburgers and ground meat. Low processing costs and ample storage options encouraged the acceptance of pea proteins in the international market. Companies in the region are also taking additional steps to stimulate investment in the industry. Pea flour extracted during the process in powder form is dry pea protein. Textured dry pea protein is comparatively tough and associated to conventional protein sources and provides improved functionality, growing its range of applications.

REGIONAL ANALYSIS

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa

The European market is expected to grow with the largest share of world market revenue during the outlook period due to the strong presence of manufacturers of protein ingredients in the countries of the area.

Also, increased awareness of the non-allergic and non-genetically modified (GMO) properties of organic pea proteins that have been shown to be beneficial for consumers with lactose and gluten intolerance should support growth in the organic pea protein market in North America during the forecast period. The increased availability of organic food through various distribution channels and the high availability through local distributors should stimulate the Asia-Pacific market. Furthermore, high consumption of nutritional supplements and increasing preferences for weight control among people are likely to stimulate the market for organic pea protein in the Asia Pacific during the projection period.

KEY PLAYERS IN THE GLOBAL ORGANIC PEA PROTEIN MARKET

A&B Ingredients, Roquette Frères, The Green Labs LLC, Vestkorn Milling AS, Zelang, Burcon Group Ltd, Sotexpro, The Scoular Company, Glanbia plc., Organic Ingredients Co., Ltd., Cosucra are some of the notable companies in the global Organic Pea Protein market.

RECENT HAPPENINGS IN THE MARKET

• The launch of VITESSENCE Pulse 1803 has been announced by Ingredion Inc to meet the demand for protein-rich products. The main objective is to increase the demand for plant-based proteins.