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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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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