Global Yellow Pea Protein Market Analysis Global Growth, Trends & Forecast to 2036

Global Yellow Pea Protein Market is valued approximately USD XXX million in 2019 and is anticipated to grow with a healthy growth rate of more than 6.1 % over the forecast period 2026-2036. Pea Proteins are extracted from yellow peas which are made available in Isolates, textured form, and concentrates. These are derived from plant-based sources which makes it ideal for consumers opting to vegan diets. As per the Good Food Institute and Plant Based Foods Association (PBFA) data of July 2019 the USA retail sales of plant-based foods grew by 11 percent from the past year placing the market at a value of USD 4.5 billion. Of which the plant-based meat values at USD 800 million with an increase in sales of 10% from the previous year. Additionally, these proteins are easily non-toxic, non-allergic and easily digestible with huge potential as meat substitutes, cereals, bakery products, beverages and sports supplements. The increasing demand from these sectors drives the market growth. Further, increasing health consciousness among population and increasing trend of gym and fitness clubs drives the market growth for yellow pea proteins. Moreover, the growing vegan population and increasing demand for vegan alternatives also propel the increase the preference towards pea protein driving the market growth. As per Statista in 2018 Canada had around 2.3 million vegetarians and 850 thousand vegans which propels the market for plant-based foods in the region strengthening the pea protein market in the region. However, Side effects of Yellow Pea impedes the growth of the market over the forecast period of 2026-2036. Although, Technological innovations presents a lucrative opportunity for the market.

The regional analysis of global Yellow Pea Protein market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the use of plant-based protein ingredients in food and nutrients industry. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2026-2036. Factors such as growing pea production would create lucrative growth prospects for the Yellow Pea Protein market across Asia-Pacific region.

Major market player included in this report are:
Cargill Inc.
DuPont de Nemours, Inc.
The Scoular Company
Axiom Foods, Inc.
Glanbia Plc
Roquette Fr