The US Pea Protein Market size was valued at USD 160.2 Mn. in 2023 and the total US Pea Protein revenue is expected to grow at a CAGR of 5.9% from 2024 to 2030, reaching nearly USD 239.3 Mn.
US Pea Protein Market Overview
The US pea protein market is experiencing significant growth driven by the increasing demand for plant-based protein sources. Consumers are shifting towards healthier lifestyles and sustainable food products, boosting the popularity of pea protein as a key ingredient in plant-based foods, supplements, and protein powders. The market is further supported by advancements in food processing technology, enabling the development of high-quality pea protein products with better taste and texture. As the trend towards vegan and vegetarian diets continues to rise, the market is expected to expand rapidly over the coming years.
Market Forecast and Key Dynamics:
The US pea protein market is projected to grow at a strong pace, driven by rising consumer awareness about plant-based nutrition and environmental sustainability. The expanding application of pea protein in various food products, such as meat alternatives, dairy-free beverages, and protein bars, is a key growth factor. Additionally, increasing investments in research and development for product innovation and improving pea protein extraction methods are expected to further boost market growth. Regulatory support for plant-based food production and favorable dietary trends will also contribute to the market’s positive outlook.
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US Pea Protein Market Regional Insights
The US leads the pea protein market due to a strong trend towards plant-based diets, increasing consumer awareness about sustainable food sources, and a growing preference for protein-rich alternatives. The demand is particularly high in regions with a concentration of health-conscious consumers and a robust food and beverage industry, such as California and New York. Additionally, the popularity of functional foods and dietary supplements has contributed to the market’s expansion across various states, reflecting a nationwide shift towards healthier and eco-friendly nutritional options.
US Pea Protein Market Segmentation
By Nature
Organic
Conventional
By Product Type
Protein Concentrates
Protein Isolates
Textured Protein
Hydrolyzed Protein
By End Use
Food Processing
Meat Alternatives
Bakery Products
Confectionery
Snacks & Cereals
Meat-Based Products
Functional Beverages
Animal Feed
Livestock
Cattle
Swine
Poultry
Pet Food
Aquafeed
Nutraceuticals
Sports Nutrition
Infant Nutrition
Cosmetic and Personal Care
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US Pea Protein Market Key Players
Roquette Frères
A&B Ingredients
The Scoular Company
Cosucra Groupe Warcoing SA
Ingredion Incorporated
Burcon NutraScience Corporation
Emsland Group
Sotexpro
Shandong Jianyuan Group
Fenchem Biotek Ltd.
Key questions answered in the US Pea Protein Market are:
- What is US Pea Protein?
- What was the US Pea Protein market size in 2021?
- What is the growth rate of the US Pea Protein Market?
- Which are the factors expected to drive the US Pea Protein market growth?
- What are the different segments of the US Pea Protein Market?
- What growth strategies are the players considering to increase their presence in US Pea Protein?
- What are the upcoming industry applications and trends for the US Pea Protein Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the US Pea Protein Market?
- What segments are covered in the US Pea Protein Market?
- Who are the leading companies and what are their portfolios in US Pea Protein Market?
- What segments are covered in the US Pea Protein Market?
- Who are the key players in the US Pea Protein market?
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Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by Different Segment | 2022-2027
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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