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Yellow Pea Protein Market Size, Share, Industry Trends and Forecast to 2033
This report provides a comprehensive analysis of the yellow pea protein market from 2023 to 2033, highlighting market size, growth rates, segmentation, trends, and key players.
| Metric | Value |
|---|---|
| Study Period | 2023 - 2033 |
| 2023 Market Size | $1.50 Billion |
| CAGR (2023-2033) | 6.0% |
| 2033 Market Size | $2.72 Billion |
| Top Companies | DuPont Nutrition & Biosciences, Cargill, Roquette Frères, Nestlé |
| Last Modified Date | 15 Nov 2024 |
Yellow Pea Protein Market Report (2023 - 2033)
Yellow Pea Protein Market Overview
What is the Market Size & CAGR of Yellow Pea Protein Market in 2023?
Yellow Pea Protein Industry Analysis
Yellow Pea Protein Market Segmentation and Scope
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Yellow Pea Protein Market Analysis Report by Region
Europe Yellow Pea Protein Market Report:
The European market for yellow pea protein is projected to expand from USD 0.36 billion in 2023 to USD 0.66 billion by 2033. Key factors include stringent regulations around food products and increasing consumer preference for clean-label and natural ingredients. Countries such as Germany and the UK are leading this demand, influenced by a growing health-conscious population.Asia Pacific Yellow Pea Protein Market Report:
In the Asia Pacific region, the yellow pea protein market is projected to grow from USD 0.31 billion in 2023 to USD 0.57 billion by 2033. This growth can be attributed to the increasing shift towards plant-based diets, especially in countries like China and India, where health consciousness and vegetarianism are rapidly rising. Additionally, the rising middle class in these economies is more willing to invest in healthy protein alternatives.North America Yellow Pea Protein Market Report:
North America represents a significant share of the yellow pea protein market, with estimated growth from USD 0.49 billion in 2023 to USD 0.88 billion in 2033. The growth in this region is predominantly driven by an increase in vegan and vegetarian populations, along with a growing focus on fitness and health, leading to higher demand for dietary and sports supplements.South America Yellow Pea Protein Market Report:
The South American market for yellow pea protein is expected to rise from USD 0.14 billion in 2023 to USD 0.26 billion by 2033. Brazil and Argentina are the key players in this region, where rising health awareness and the popularity of plant-based protein substitutes are driving growth. The growing food and beverage sector, particularly in health-focused consumables, is also a major contributor.Middle East & Africa Yellow Pea Protein Market Report:
The Middle East and Africa market for yellow pea protein is expected to grow from USD 0.20 billion in 2023 to USD 0.36 billion by 2033. The region's growth is fueled by the increasing adoption of dietary supplements, higher health awareness, and changing lifestyle habits, particularly in urban areas of South Africa and the Gulf States.Request a custom research report for industry.
Yellow Pea Protein Market Analysis By Product
Global Yellow Pea Protein Market, By Product Market Analysis (2023 - 2033)
In terms of product division, organic yellow peas exhibit robust growth, expected to increase from USD 1.26 billion in 2023 to USD 2.28 billion by 2033, representing 83.67% market share. Inorganic yellow peas will also grow, from USD 0.24 billion in 2023 to USD 0.44 billion by 2033, holding 16.33% share.
Yellow Pea Protein Market Analysis By Application
Global Yellow Pea Protein Market, By Application Market Analysis (2023 - 2033)
The application of yellow pea protein spans several industries, with food manufacturers at the forefront, expected to grow from USD 0.97 billion in 2023 to USD 1.76 billion by 2033, encapsulating a 64.45% share. Nutrition companies will see growth from USD 0.43 billion in 2023 to USD 0.78 billion, yielding a 28.52% share, while cosmetics manufacturers will also utilize yellow pea protein, increasing from USD 0.11 billion to USD 0.19 billion, maintaining a 7.03% share.
Yellow Pea Protein Market Analysis By End User
Global Yellow Pea Protein Market, By End-User Market Analysis (2023 - 2033)
End-user segments play a crucial role in the yellow pea protein market; in particular, food and beverage applications will dominate, reaching from USD 0.97 billion in 2023 to USD 1.76 billion by 2033, maintaining a 64.45% share. Nutrition applications are expected to grow from USD 0.43 billion in 2023 to USD 0.78 billion, holding 28.52% share, while cosmetic applications will remain modest yet consistent from USD 0.11 billion to USD 0.19 billion, representing a 7.03% share.
Yellow Pea Protein Market Analysis By Source
Global Yellow Pea Protein Market, By Source Market Analysis (2023 - 2033)
The source segment of yellow pea protein includes the predominant use of raw organic and inorganic peas. Given consumer preference, organic sources will continue to capture the largest market share, projected at 83.67%, while inorganic sources will represent 16.33%, highlighting a significant trend towards organic product adoption.
Yellow Pea Protein Market Analysis By Distribution Channel
Global Yellow Pea Protein Market, By Distribution Channel Market Analysis (2023 - 2033)
Distribution of yellow pea protein occurs through online and offline channels. Online sales, prominently accounting for a market size of USD 1.26 billion in 2023 and expected to rise to USD 2.28 billion by 2033 (83.67% share), substantially outpace offline channels, which will grow modestly from USD 0.24 billion to USD 0.44 billion (16.33% share).
Yellow Pea Protein Market Trends and Future Forecast
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Global Market Leaders and Top Companies in Yellow Pea Protein Industry
DuPont Nutrition & Biosciences:
A leading player in the protein market, DuPont focuses on providing high-quality plant-based protein solutions, including yellow pea protein, aimed at addressing nutrition needs with sustainability profiles.Cargill:
Cargill is renowned for its extensive range of plant-based protein products, including yellow pea protein. The company emphasizes sustainable agriculture and innovation to meet growing consumer demand.Roquette Frères:
Roquette is a global leader in plant-based ingredients and solutions, especially known for its high-quality yellow pea protein offerings catering to food and nutrition industries.Nestlé:
Nestlé is actively investing in plant-based protein development, including yellow pea protein, as part of its commitment to health and sustainability.We're grateful to work with incredible clients.
