Yellow Pea Protein Market Size, Share, Growth Analysis, By Product Type (Pea Protein Concentrates, Pea Protein Isolates), By Form (Dry, Liquid), By Application, By End-User, By Region - Industry Forecast 2025-2032

Yellow Pea Protein Market size was valued at USD 2.14 Billion in 2023 and is poised to grow from USD 2.41 Billion in 2024 to USD 6.32 Billion by 2032, growing at a CAGR of 12.8% during the forecast period (2025-2032).

The global yellow pea protein market has seen significant growth in recent years, driven by a surge in health-conscious consumers seeking protein substitutes. As awareness of the health benefits of yellow pea protein increases, its popularity has expanded, challenging the dominance of animal-based and soybean proteins. Rich in lysine, antifungal bioactive peptides, dietary lectins, and other beneficial properties, yellow pea protein offers numerous advantages, including sustainability, lower allergenicity, and enhanced health benefits. This rising interest is expected to accelerate market expansion as consumers demand clearer labeling, flavorful products, and diverse protein sources tailored to their dietary needs. Overall, the yellow pea protein market is poised for rapid growth, aligning with the broader trend of plant-based alternatives.

Top-down and bottom-up approaches were used to estimate and validate the size of the Yellow Pea Protein market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Yellow Pea Protein Market Segmental Analysis

Global Yellow Pea Protein Market is segmented by product type, form, application, end-user and region. Based on product type, the market is segmented into pea protein concentrates, pea protein isolates, textured pea protein and hydrolyzed pea protein. Based on form, the market is segmented into dry and liquid. Based on application, the market is segmented into meat substitutes, bakery products, beverages, snacks & cereals, nutritional supplements and others. Based on end-user, the market is segmented into food & beverage industry, sports nutrition, animal feed, pharmaceuticals and cosmetics. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Driver of the Yellow Pea Protein Market

The yellow pea protein market is experiencing significant growth, primarily fueled by the increasing consumer demand for vegan and vegetarian protein options. As more people shift toward plant-based diets, manufacturers are leveraging advanced technology to innovate and enhance product quality. This trend is further amplified by a growing segment of the population with lactose intolerance seeking alternative protein sources to replace dairy products. Consequently, the yellow pea protein industry is uniquely positioned to meet these evolving dietary preferences, capitalizing on the shift towards healthier, plant-derived nutrition. Overall, this surge in demand is driving the expansion of the market.

Restraints in the Yellow Pea Protein Market

One key restraint impacting the growth of the Global Yellow Pea Protein Market is the availability of alternative protein sources. A notable preference for animal-based proteins prevails among consumers, largely because they are perceived as more accessible and cost-effective. This tendency towards traditional protein sources limits the market potential for yellow pea protein, as many individuals prioritize familiar animal protein options over plant-based alternatives. Consequently, the market for yellow pea protein faces challenges in gaining traction, as the inclination towards established and readily available animal-derived proteins creates obstacles for its widespread acceptance and utilization.

Market Trends of the Yellow Pea Protein Market

The Yellow Pea Protein market is experiencing a notable upward trend, driven by the rising adoption of plant-based diets among consumers, particularly millennials and Gen Z. As more individuals embrace vegan, flexitarian, or partially vegan lifestyles, the demand for versatile and nutritious plant-based protein sources, such as yellow pea protein, is surging. This demographic is increasingly prioritizing health, sustainability, and ethical sourcing over traditional meat products, which has led to a diverse array of plant-based alternatives hitting the market. Given the growing inclination to reduce meat and dairy consumption, the Yellow Pea Protein market is poised for significant growth, appealing to health-conscious consumers seeking innovative protein solutions.