PUBLISHER: SkyQuest | PRODUCT CODE: 1900413
PUBLISHER: SkyQuest | PRODUCT CODE: 1900413
Yellow Pea Protein Market size was valued at USD 2.41 Billion in 2024 and is poised to grow from USD 2.72 Billion in 2025 to USD 7.14 Billion by 2033, growing at a CAGR of 12.8% during the forecast period (2026-2033).
The demand for protein substitutes has significantly surged as consumers increasingly focus on health and nutrition. The global yellow pea protein market has seen remarkable growth, driven by health-conscious individuals seeking alternative protein sources. While animal and soybean proteins still dominate the market, yellow pea protein's reputation is growing due to its exceptional health benefits. It offers a rich source of lysine, antifungal bioactive peptides, and dietary lectins, enhancing its appeal. Key advantages that contribute to the rising preference for pea protein include sustainable production methods, lower allergenicity, and numerous health benefits. This market is set for further growth as consumers seek clean labeling, flavorful options, and diverse protein sources to meet their dietary needs.
Top-down and bottom-up approaches were used to estimate and validate the size of the Yellow Pea Protein market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Yellow Pea Protein Market Segments Analysis
Global Yellow Pea Protein Market is segmented by product type, form, application, end-user and region. Based on product type, the market is segmented into pea protein concentrates, pea protein isolates, textured pea protein and hydrolyzed pea protein. Based on form, the market is segmented into dry and liquid. Based on application, the market is segmented into meat substitutes, bakery products, beverages, snacks & cereals, nutritional supplements and others. Based on end-user, the market is segmented into food & beverage industry, sports nutrition, animal feed, pharmaceuticals and cosmetics. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Yellow Pea Protein Market
The growth of the yellow pea protein market is significantly influenced by the increasing popularity of vegan and vegetarian protein options. As more consumers seek plant-based dietary choices, the industry is experiencing a notable surge in demand. Manufacturers are responding by adopting advanced technologies and developing innovative products to improve quality and meet consumer expectations. Furthermore, the market is being propelled by a notable rise in lactose intolerance among individuals, leading to a heightened interest in alternative protein sources that do not involve dairy. This combination of health trends and technological advancements is driving the expansion of yellow pea protein offerings.
Restraints in the Yellow Pea Protein Market
The growth of the global yellow pea protein market faces a considerable challenge due to the prevailing preference for animal-based proteins among consumers. Many individuals favor animal-derived proteins, which are often perceived as more affordable and easily accessible. This inclination toward traditional protein sources creates a significant barrier for the yellow pea protein market, as it struggles to compete with the established reputation and lower cost of animal proteins. Consequently, the resistance to adopting plant-based alternatives like yellow pea protein poses a notable restraint on the market's expansion, limiting its potential growth opportunities in the competitive protein sector.
Market Trends of the Yellow Pea Protein Market
The Yellow Pea Protein market is experiencing notable growth as a reflection of the broader trend towards plant-based diets. With an increasing number of consumers, particularly millennials and Gen Z, adopting vegan, flexitarian, or partially vegan lifestyles, the demand for protein alternatives has surged. The appeal of yellow pea protein lies in its versatility, nutritional profile, and sustainability, making it a favored choice among health-conscious shoppers. Additionally, as the plant-based market expands and diversifies, consumers find it easier to reduce their reliance on meat and dairy products, fostering a lasting shift towards plant-based protein sources like yellow pea protein.