Textured Pea Protein Market to Reach $0.98 Billion by 2029 at 9.5% CAGR
This report provides practical insights for business leaders looking to understand market growth, size, and key trends in the textured pea protein industry.
What Is The Projected Market Size & Growth Rate Of The Textured Pea Protein Market?
The textured pea protein market size has grown strongly in recent years. It will grow from $0.63 billion in 2024 to $0.68 billion in 2025 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to increased demand for plant-based proteins, growth in consumer awareness of health and nutrition, rise in incidence of lactose intolerance and allergies, expansion of vegetarian and vegan diets, improved taste and texture of textured pea protein products.
The textured pea protein market size is expected to see strong growth in the next few years. It will grow to “ $0.98 billion in 2029 at a compound annual growth rate (CAGR) of 9.5%. The growth in the forecast period can be attributed to rising adoption of clean label and natural ingredients, regulatory support and approvals for pea protein, increasing focus on sustainable and ethical sourcing practices, growing consumer interest in sports nutrition and fitness, market penetration in emerging economies. Major trends in the forecast period include technological advancements in protein extraction and processing, innovation in product formulations and applications, texture and mouthfeel enhancement, functional benefits beyond protein, nutritional enrichment and fortification.
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What Is The Crucial Factor Driving The Global Textured Pea Protein Market?
The rising consumer interest in plant-based protein is contributing to the growth of the textured pea protein market. In recent years, consumer interest in plant-based diets has increased significantly with vegan, vegetarian, and flexitarian diets becoming quite prevalent. The protein level of textured pea protein components is among the highest on the globe, with a pleasant taste and attractive texture. For instance, in January 2023, the Plant Based Foods Association, a US-based trade association published that in 2022, plant-based foods sales grew 6.6% to $8 billion. Therefore, the rising consumer interest in plant-based proteins propels the growth of the textured pea protein market.
Segment Covered In The Textured Pea Protein Market Report
The textured pea proteinmarket covered in this report is segmented —
1) By Product Type: Yellow Peas, Green Peas
2) By Nature: Organic, Conventional
3) By Processing Type: Dry Processing, Wet Processing
4) By End Use: Food Processing, Animal Feed, Nutraceuticals, Sports Nutrition, Infant Nutrition, Cosmetic And Personal Care, Other End-users
Subsegments:
1) By Yellow Peas: Textured Yellow Pea Protein Isolate, Textured Yellow Pea Protein Concentrate, Textured Yellow Pea Protein Flour
2) By Green Peas: Textured Green Pea Protein Isolate, Textured Green Pea Protein Concentrate, Textured Green Pea Protein Flour
Key Trends Driving Growth In The Textured Pea Protein Market
The launch of organic pea protein isolate is an emerging trend in the textured pea protein market. Major companies operating in the textured pea protein sector are focused on introducing organic pea protein to meet the consumer demand for organic protein products. For instance, in December 2022, Royal DSM, a Netherlands-based global science company that focuses on health, nutrition, and materials, announced the launch of Vertis Textured Pea Canola Protein, a groundbreaking plant-based protein that is the first of its kind to provide all nine essential amino acids, making it a complete protein. This innovative ingredient combines pea protein with Vertis CanolaPRO protein isolate, resulting in a product that is soy-free, gluten-free, and dairy-free.
Key Player In The Textured Pea Protein Market
Major companies operating in the textured pea protein market include Roquette Freres SA, Puris Foods LLC, Burcon Nutrascience Corporation, Nisco ApS, Sotexpro SAS, Exeller NV, Vestkorn Milling AS, Nutri-Pea Ltd., Cosucra Groupe Warcoing SA, Scoular Grain Company, Axiom Foods Inc., Alliance Grain Traders Foods, The Green Labs LLC, DuPont Nutrition & Biosciences, Shandong Jianyuan Foods Co. Ltd., Kerry Group plc, Emsland Group, Yantai Shuangta Food Co. Ltd., Yantai Oriental Protein Tech Co. Ltd., Shandong Zhaoyuan Food Company, Shandong Huatai Food Co. Ltd., Ingredion Inc., Fenchem Inc., A&B Ingredients, Farbest Brands, Glanbia Nutritionals Plc, Martin & Pleasance Wholesale Pty Ltd., Now Health Group Inc., Prinova Group, Shaanxi Fuheng Biotechnology Co. Ltd.
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Global Textured Pea Protein Market — Regional Insights:
North America was the largest region in the textured pea protein market in 2024. Europe was the second-largest market in the textured pea protein market. The regions covered in the textured pea protein market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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