Pea Protein Market Size, Share, Analysis, Trend & Forecast, 2033
Introduction:
The market for pea protein is expected to expand at a value-based Compound Annual Growth Rate (CAGR) of 6.0%, with an increase in revenue from US$ 1,181.7 million in 2023 to an expected US$ 2,125.4 million by 2033.
The global pea protein market witnessed significant growth in the historical period, registering a CAGR of 5.3% and was valued at US$ 1,181.7 million in 2023. The major factors driving market demand for pea protein include the increasing consumer demand for naturally sourced supplements and health & wellness products.
There is also a rising demand for textured protein in convenient food items and ready-to-eat food products, contributing to the growth of the global pea protein market.
Pea protein demand worldwide is being propelled by the booming supplement sec...