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Organic Pea Protein Market Analysis by Type (Isolates, Concentrates, Textured, Hydrolyzed), by Form, by Function, by Application, by End Use and by Region: Global Forecast, 2024 - 2033

  • PUBLISHED ON
  • 2024-02-20
  • NO OF PAGES
  • 234
  • CATEGORY
  • Food & Beverages

Market Overview

The Organic Pea Protein market is predicted to develop at a compound annual growth rate (CAGR) of 11.5% from 2024 to 2033, when it is projected to reach USD 4.76 Billion, based on an average growth pattern. The market is estimated to reach a value of USD 2.46 Billion in 2024.

                            

SOURCE: We Market Research

Vegetarians and vegans can enjoy a high-quality source of protein with organic pea protein, a plant-based protein powder made from yellow peas. It is made by extracting the protein from organically produced peas and is high in branched-chain amino acids (BCAAs), lysine, and arginine, which are important for the formation and repair of muscles. This plant-based protein substitute is excellent for people with dietary restrictions because it doesn't include common allergies like dairy, soy, or gluten. Furthermore, organic farming guarantees low environmental impact while fostering biodiversity and healthy soil. Organic pea protein is a flexible and neutral-tasting nutritional addition to smoothies, baked foods, and savory recipes.

There are multiple variables that propel the demand for organic pea protein. The market is growing primarily due to rising consumer demand for plant-based protein substitutes, especially from vegans, vegetarians, and people on restricted diets. Its growing popularity is partly attributed to growing public knowledge of the health advantages of organic foods and sustainable farming methods. The quality and purity of organic pea protein are further improved by technological developments in protein extraction techniques, which supports the market growth of the product. Pea protein's demand is driven by its adaptability in responding to a wide range of consumer preferences and lifestyles through its use in sports nutrition, functional meals, and beverages, among other uses.

Market Scope

Report Attributes

Description

Market Size in 2024

USD 2.46 Billion

Market Forecast in 2033

USD 4.76 Billion

CAGR % 2024-2033

11.5%

Base Year

2023

Historic Data

2016-2022

Forecast Period

2024-2033

Report USP

 

Production, Consumption, company share, company heatmap, company production capacity, growth factors and more

Segments Covered

By Type, by Form, by Function, by Application, by End Use and By Region

Regional Scope

North America, Europe, APAC, South America and Middle East and Africa

Country Scope

U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria

Organic Pea Protein Industry: Dynamics & Restrains

                                                                       

 Market opportunity:

                                  

                                

We Market Research: Organic Pea Protein Dashboard

Our marketing platform offers a comprehensive dashboard that provides clients with valuable insights into market trends over the years. Included below is a sample image of our dashboard, and specific PDF logins will be furnished to grant access to this insightful tool.

                              Blue Technology Segmentation

Market- By Type Analysis

By Type, the Organic Pea Protein Market is Categories into Isolates, Concentrates, Textured, Hydrolyzed. The Isolates methane reforming segment accounts for the largest share of around 50% in 2024.

                               

Isolates have the highest protein content, typically around 90%, and are the most versatile. They are widely used in sports nutrition products, baked goods, and meat substitutes. Due to their high protein content and versatility, isolates hold the largest market share of the organic pea protein market.

The following segments are part of an in-depth analysis of the global Organic Pea Protein market:

Market Segments

 

By    Form

·         Dry

·         Liquid

By    Function

·         Texturing

·         Emulsification

·         Gelation

·         Stabilization

By Application

·         Meat Extenders & Analogs

·         Snacks & Bakery Products

·         Nutritional Supplements

·         Beverages

By End Use

·         Food and Beverages

·         Dietary Supplements

·         Animal Feed

·         Cosmetics and Personal Care

·         Pharmaceuticals

Organic Pea Protein Industry: Regional Analysis

North America Market Forecast

North America dominate the Organic Pea Protein Market with the highest revenue generating market with share of more than 46%. In North America, the organic pea protein market is thriving due to heightened consumer demand for plant-based protein options driven by health consciousness and dietary choices. With established players offering diverse products and supportive regulations, the region sees a significant adoption of organic pea protein in various food and beverage applications.

                                   

Europe Market Statistics

Europe is the second-largest market for Organic Pea Protein. Europe boasts a robust market for organic pea protein, fueled by a well-established organic food sector and growing concerns about sustainability. Government policies promoting organic agriculture and increasing investments in R&D contribute to the region's leadership in offering high-quality and sustainable organic pea protein products to consumers.

Asia Pacific Market Forecasts

Asia Pacific is expected to be the fastest-growing market for Organic Pea Protein during the forecast period. The Asia Pacific region experiences a surge in demand for organic pea protein, driven by a rapidly expanding vegan and health-conscious population. Growing disposable incomes and innovative product offerings tailored to local preferences further accelerate the adoption of organic pea protein as a premium plant-based protein source in the region.

Key Market Players

The Organic Pea Protein Market is dominated by a few large companies, such as:

  • Glanbia plc. (Ireland)
  • Now Health Group, Inc. (U.S.)
  • Nutiva Inc (U.S.)
  • The Simply Good Food Co (U.S.)
  • lovate Health Sciences International Inc. (Canada)
  • MusclePharm Corporation (U.S.)
  • Kerry Group Plc (Ireland)
  • CytoSport, Inc. (U.S.)
  • The Nature's Bounty Co. (U.S.)
  • Reliance Vitamin Company, Inc. (U.S.)
  • Herbalife Nutrition, Inc. (U.S.)
  • Other


1.      Global Organic Pea Protein Market Introduction and Market Overview

1.1.    Objectives of the Study

1.2.    Global Organic Pea Protein Market Scope and Market Estimation

1.2.1. Global Organic Pea Protein Overall Market Size, Revenue (US$ Mn), Market CAGR (%), Market forecast (2023 - 2033)

1.2.2. Global Organic Pea Protein Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019 - 2033

1.3.    Market Segmentation

1.3.1. Component of Global Organic Pea Protein Market

1.3.2. Technology of Global Organic Pea Protein Market

1.3.3. Function of Global Organic Pea Protein Market

1.3.4. Region of Global Organic Pea Protein Market

2.      Executive Summary

2.1.    Global Organic Pea Protein Market Industry Trends under COVID-19 Outbreak

2.1.1. Global COVID-19 Status Overview

2.1.2. Influence of COVID-19 Outbreak on Global Organic Pea Protein Market Industry Development

2.2.    Market Dynamics

2.2.1. Drivers

2.2.2. Limitations

2.2.3. Opportunities

2.2.4. Impact Analysis of Drivers and Restraints

2.3.    Pricing Trends Analysis & Average Selling Prices (ASPs)

2.4.    Key Mergers & Acquisitions, Expansions, JVs, Funding / VCs, etc.

2.5.    Porter’s Five Forces Analysis

2.5.1. Bargaining Power of Suppliers

2.5.2. Bargaining Power of Buyers

2.5.3. Threat of Substitutes

2.5.4. Threat of New Entrants

2.5.5. Competitive Rivalry

2.6.    Value Chain / Ecosystem Analysis

2.7.    Russia-Ukraine War Impacts Analysis

2.8.    Economic Downturn Analysis

2.9.      Market Investment Opportunity Analysis (Top Investment Pockets), By Segments & By Region

3.      Global Organic Pea Protein Market Estimates & Historical Trend Analysis (2019 - 2022)

4.      Global Organic Pea Protein Market Estimates & Forecast Trend Analysis, by TYPE

4.1.    Global Organic Pea Protein Market Revenue (US$ Mn) Estimates and Forecasts, by TYPE, 2019 to 2033

4.1.1. Isolates

4.1.2. Concentrates

4.1.3. Textured

4.1.4. Hydrolyzed

5.      Global Organic Pea Protein Market Estimates & Forecast Trend Analysis, by Form

5.1.    Global Organic Pea Protein Market Revenue (US$ Mn) Estimates and Forecasts, by Form, 2019 to 2033

5.1.1. Dry

5.1.2. Liquid

6.      Global Organic Pea Protein Market Estimates & Forecast Trend Analysis, by Function

6.1.    Global Organic Pea Protein Market Revenue (US$ Mn) Estimates and Forecasts, by Function, 2019 to 2033

6.1.1. Texturing

6.1.2. Emulsification

6.1.3. Gelation

6.1.4. Stabilization

7.      Global Organic Pea Protein Market Estimates & Forecast Trend Analysis, by APPLICATION

7.1.    Global Organic Pea Protein Market Revenue (US$ Mn) Estimates and Forecasts, by Function, 2019 to 2033

7.1.1. Meat Extenders & Analogs

7.1.2. Snacks & Bakery Products

7.1.3. Nutritional Supplements

7.1.4. Beverages

8.      Global Organic Pea Protein Market Estimates & Forecast Trend Analysis, by END USE

8.1.    Global Organic Pea Protein Market Revenue (US$ Mn) Estimates and Forecasts, by Function, 2019 to 2033

8.1.1. Food and Beverages

8.1.2. Dietary Supplements

8.1.3. Animal Feed

8.1.4. Cosmetics and Personal Care

8.1.5. Pharmaceuticals

9.      Global Organic Pea Protein Market Estimates & Forecast Trend Analysis, by Region

9.1.    Global Organic Pea Protein Market Revenue (US$ Mn) Estimates and Forecasts, by Region, 2019 to 2033

9.1.1. North America

9.1.2. Europe

9.1.3. Asia Pacific

9.1.4. Middle East & Africa

9.1.5. South America

10.  North America Organic Pea Protein Market: Estimates & Forecast Trend Analysis

10.1.      North America Organic Pea Protein Market Assessments & Key Findings

10.1.1.   North America Organic Pea Protein Market Introduction

10.1.2.   North America Organic Pea Protein Market Size Estimates and Forecast (US$ Million) (2019 – 2033)

10.1.2.1.    By TYPE

10.1.2.2.    By Form

10.1.2.3.    By Function

10.1.2.4.    By APPLICATION

10.1.2.5.    By END USE

10.1.2.6.    By Country

10.1.2.6.1. The U.S.

10.1.2.6.2. Canada

10.1.2.6.3. Mexico

11.  Europe Organic Pea Protein Market: Estimates & Forecast Trend Analysis

11.1.  Europe Organic Pea Protein Market Assessments & Key Findings

11.1.1.   Europe Organic Pea Protein Market Introduction

11.1.2.   Europe Organic Pea Protein Market Size Estimates and Forecast (US$ Million) (2019 – 2033)

11.1.2.1.    By TYPE

11.1.2.2.    By Form

11.1.2.3.    By Function

11.1.2.4.    By APPLICATION

11.1.2.5.    By END USE

11.1.2.6.    By Country

11.1.2.6.1. Germany

11.1.2.6.2. U.K.

11.1.2.6.3. France

11.1.2.6.4. Italy

11.1.2.6.5. Spain

11.1.2.6.6. Russia

11.1.2.6.7. Rest of Europe

12.  Asia Pacific Organic Pea Protein Market: Estimates & Forecast Trend Analysis

12.1.  Asia Pacific Market Assessments & Key Findings

12.1.1.   Asia Pacific Organic Pea Protein Market Introduction

12.1.2.   Asia Pacific Organic Pea Protein Market Size Estimates and Forecast (US$ Million) (2019 – 2033)

12.1.2.1.    By TYPE

12.1.2.2.    By Form

12.1.2.3.    By Function

12.1.2.4.    By APPLICATION

12.1.2.5.    By END USE

12.1.2.6.    By Country

12.1.2.6.1. China

12.1.2.6.2. Japan

12.1.2.6.3. India

12.1.2.6.4. Australia

12.1.2.6.5. South Korea

12.1.2.6.6. ASEAN

12.1.2.6.7. Rest of Asia Pacific

13.  Middle East & Africa Organic Pea Protein Market: Estimates & Forecast Trend Analysis

13.1.  Middle East & Africa Market Assessments & Key Findings

13.1.1.   Middle East & Africa Organic Pea Protein Market Introduction

13.1.2.   Middle East & Africa Organic Pea Protein Market Size Estimates and Forecast (US$ Million) (2019 – 2033)

13.1.2.1.    By TYPE

13.1.2.2.    By Form

13.1.2.3.    By Function

13.1.2.4.    By APPLICATION

13.1.2.5.    By END USE

13.1.2.6.    By Country

13.1.2.6.1. U.A.E.

13.1.2.6.2. Saudi Arabia

13.1.2.6.3. Egypt

13.1.2.6.4. South Africa

13.1.2.6.5. Rest of Middle East & Africa

14.  South America Organic Pea Protein Market: Estimates & Forecast Trend Analysis

14.1.  South America Market Assessments & Key Findings

14.1.1.   South America Organic Pea Protein Market Introduction

14.1.2.   South America Organic Pea Protein Market Size Estimates and Forecast (US$ Million) (2019 – 2033)

14.1.2.1.    By TYPE

14.1.2.2.    By Form

14.1.2.3.    By Function

14.1.2.4.    By APPLICATION

14.1.2.5.    By END USE

14.1.2.6.    By Country

14.1.2.6.1. Brazil

14.1.2.6.2. Argentina

14.1.2.6.3. Colombia

14.1.2.6.4. Rest of South America

15.  Competition Landscape

15.1.  Global Organic Pea Protein Market Competition Matrix & Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants

15.2.  Global Organic Pea Protein Market Competition White Space Analysis, By Function

15.3.  Global Organic Pea Protein Market Competition Heat Map Analysis, By Function

15.4.  Global Organic Pea Protein Market Concentration & Company Market Shares (%) Analysis, 2022

16.  Company Profiles

16.1.                     Glanbia plc. (Ireland)

16.1.1.   Company Overview & Key Stats

16.1.2.   Financial Performance & KPIs

16.1.3.   Product Portfolio

16.1.4.   Business Strategy & Recent Developments

* Similar details would be provided for all the players mentioned below 

16.2.      Now Health Group, Inc. (U.S.)

16.3.      Nutiva Inc (U.S.)

16.4.      The Simply Good Food Co (U.S.)

16.5.      Iovate Health Sciences International Inc. (Canada)

16.6.      MusclePharm Corporation (U.S.)

16.7.      Kerry Group Plc (Ireland)

16.8.      CytoSport, Inc. (U.S.)

16.9.      The Nature's Bounty Co. (U.S.)

16.10.  Reliance Vitamin Company, Inc. (U.S.)

16.11.  Herbalife Nutrition, Inc. (U.S.)

16.12.  Others

17.  Research Methodology

17.1.  External Transportations / Databases

17.2.  Internal Proprietary Database

17.3.  Primary Research

17.4.  Secondary Research

17.5.  Assumptions

17.6.  Limitations

17.7.  Report FAQs

18.  Research Findings & Conclusion

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Case Study- Automotive Sector

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Frequently Asked Questions

What is the market size of Organic Pea Protein Market in 2024?

Organic Pea Protein Market was valued at USD 2.46 Billion in 2024.

What is the growth rate for the Organic Pea Protein Market?

Organic Pea Protein Market size will increase at approximate CAGR of 11.5% during the forecasted period.

Which are the top companies operating within the market?

Major companies operating within the Organic Pea Protein Market are Glanbia plc. (Ireland), Now Health Group, Inc. (U.S.), Nutiva Inc (U.S.), The Simply Good Food Co (U.S.), Iovate Health Sciences International Inc. (Canada), MusclePharm Corporation (U.S.), Kerry Group Plc (Ireland), CytoSport, Inc. (U.S.), The Nature's Bounty Co. (U.S.), Reliance Vitamin Company, Inc. (U.S.), Herbalife Nutrition, Inc. (U.S.), Danone S.A. (France), General Nutrition Centers (GNC) Holdings, Inc. (U.S.), Orgain Inc. (U.S.), True Nutrition (U.S.). and Others.

Which region dominates the Organic Pea Protein Market?

North America dominates the market with an active share of 46%.

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