PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1579854
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1579854
The global pea protein isolate market, valued at USD 112.01 million in 2023, is expected to expand at a robust growth rate of 17.3% from 2024 to 2032. Pea protein isolate is a highly concentrated form of protein derived primarily from yellow peas, with a protein content ranging from 85% to 90%. It is rapidly gaining popularity as a plant-based alternative to dairy and soy proteins, particularly among vegetarians, vegans, and individuals with lactose intolerance or dairy allergies. With its high digestibility and complete amino acid profile, pea protein isolate is becoming a key ingredient in various food products, nutraceuticals, and sports supplements.
The increasing prevalence of lactose intolerance and growing consumer awareness of plant-based diets are major factors driving the growth of the pea protein isolate market. Pea protein is becoming a preferred alternative for muscle repair, weight management, and improving overall nutrition. Manufacturers are investing in advanced technologies and scaling production capacities to meet the rising demand. For example, Cargill has partnered with PURIS to expand its plant-based protein portfolio, while Roquette is investing in large-scale pea protein manufacturing plants in North America.
North America is expected to dominate the global pea protein isolate market, supported by the region's growing demand for gluten-free and plant-based products, as well as significant investments by industry leaders. Companies like ADM and Ripple Foods have expanded their offerings to include pea protein-based products such as milk and yogurt, underscoring the product's popularity in the region. Meanwhile, Asia Pacific is poised to witness significant growth due to the rising demand for plant-based alternatives and expanding food industries in countries like China, India, and Japan.