The global pea protein market is poised for substantial growth, with an estimated value of USD 2.1 billion in 2024, projected to reach USD 3.7 billion by 2029, reflecting a robust compound annual growth rate (CAGR) of 12.0%. This surge in demand highlights the growing consumer shift towards health-conscious, plant-based, and environmentally sustainable food options.
Health & Wellness Trends Drive Pea Protein Market Growth
Consumers are increasingly prioritizing health and wellness, seeking products that offer muscle-building benefits, weight management support, and enhanced satiety. Pea protein fits perfectly within this movement, as it is packed with essential nutrients, easily digestible, and free from common allergens like soy and dairy. Its clean-label appeal—minimal processing and natural origins—resonates strongly with today’s discerning shoppers, fostering trust and loyalty in the marketplace.
Pea protein’s versatility makes it a perfect ingredient for plant-based food and beverage products, meeting the needs of those following vegan and vegetarian diets. In fact, the rise of plant-based food consumption was notably accelerated by the COVID-19 pandemic, which encouraged people to adopt healthier lifestyles. This trend is particularly strong in Europe, which accounts for the largest market share in 2024, where economic stability and increasing demand for plant-based, clean-label products have converged.
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Health & Wellness Trends Drive Pea Protein Market Growth
Consumers are increasingly prioritizing health and wellness, seeking products that offer muscle-building benefits, weight management support, and enhanced satiety. Pea protein fits perfectly within this movement, as it is packed with essential nutrients, easily digestible, and free from common allergens like soy and dairy. Its clean-label appeal—minimal processing and natural origins—resonates strongly with today’s discerning shoppers, fostering trust and loyalty in the marketplace.
Pea protein’s versatility makes it a perfect ingredient for plant-based food and beverage products, meeting the needs of those following vegan and vegetarian diets. In fact, the rise of plant-based food consumption was notably accelerated by the COVID-19 pandemic, which encouraged people to adopt healthier lifestyles. This trend is particularly strong in Europe, which accounts for the largest market share in 2024, where economic stability and increasing demand for plant-based, clean-label products have converged.
Get PDF Copy: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=36916504
The global pea protein market is poised for substantial growth, with an estimated value of USD 2.1 billion in 2024, projected to reach USD 3.7 billion by 2029, reflecting a robust compound annual growth rate (CAGR) of 12.0%. This surge in demand highlights the growing consumer shift towards health-conscious, plant-based, and environmentally sustainable food options.
Health & Wellness Trends Drive Pea Protein Market Growth
Consumers are increasingly prioritizing health and wellness, seeking products that offer muscle-building benefits, weight management support, and enhanced satiety. Pea protein fits perfectly within this movement, as it is packed with essential nutrients, easily digestible, and free from common allergens like soy and dairy. Its clean-label appeal—minimal processing and natural origins—resonates strongly with today’s discerning shoppers, fostering trust and loyalty in the marketplace.
Pea protein’s versatility makes it a perfect ingredient for plant-based food and beverage products, meeting the needs of those following vegan and vegetarian diets. In fact, the rise of plant-based food consumption was notably accelerated by the COVID-19 pandemic, which encouraged people to adopt healthier lifestyles. This trend is particularly strong in Europe, which accounts for the largest market share in 2024, where economic stability and increasing demand for plant-based, clean-label products have converged.
Get PDF Copy: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=36916504
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