The Pea Protein Market is projected to reach $1.14 billion by 2029, growing at a compound annual growth rate (CAGR) of 15.7% from 2022 to 2029. In terms of volume, the global pea protein market is expected to expand at a CAGR of 12.7% during the same period, reaching 4.68 million tons by 2029. The market's growth is primarily driven by increasing interest in plant-based nutrition, health and wellness trends, the expanding plant-based food sector, rising consumer awareness of the nutritional benefits of pea-based products, and the focus of key players on developing innovative pea protein ingredients. Additionally, emerging market opportunities and the launch of new pea protein-based products offer significant growth potential. However, a strong preference for animal-based proteins globally remains a notable challenge.

Top 10 Companies in the Pea Protein Market
1. Roquette Frères Le Romain (France)
Roquette Frères specializes in producing specialty food ingredients and pharmaceutical excipients, offering non-GMO yellow pea-derived pea protein through its Food & Nutrition segment. With 20 plants and several sales subsidiaries, its global presence spans France, the U.S., China, Korea, Japan, Singapore, India, Mexico, Italy, Spain, Romania, the U.K., Germany, Finland, and Russia.

2. AGT Food and Ingredients Inc. (Canada)
AGT Food and Ingredients processes and distributes pulses and manufactures ingredients and packaged foods, offering pea protein for snacks, meat replacements, and other alternatives. The company operates in Canada, the U.S., Turkey, China, Australia, and South Africa, with sales offices in the U.K., the Netherlands, Spain, Switzerland, and India, and markets its products in the Americas, Europe, Africa, and Asia.

3. Cargill, Incorporated (U.S.)
Cargill manufactures and markets food, agriculture, financial, and industrial products globally. It provides pea protein for bakery items, beverages, dairy alternatives, meat analogs, pet food, and snacks. Cargill has manufacturing facilities in 70 countries and sells products in over 125 countries.

4. Ingredion Incorporated (U.S.)
Ingredion produces ingredient solutions for various industries, including food, beverage, and animal nutrition. It offers pea protein used in bakery products, snacks, cereals, and meat substitutes. Ingredion has a global presence in North America, South America, Asia-Pacific, Europe, and the Middle East & Africa.

5. Archer Daniels Midland Company (U.S.)
ADM procures, processes, and markets agricultural commodities and ingredients. Through its Nutrition segment, ADM offers pea protein isolates and textured proteins for functional foods and beverages. ADM operates in more than 170 countries with 450 crop procurement locations, 271 ingredient manufacturing facilities, and 44 innovation centers.
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6. DuPont de Nemours and Company (U.S.)
DuPont develops products for various industries, including food and health. Through its subsidiary DuPont and Nutrition & Biosciences, it offers pea protein under the TRUPRO brand for applications like protein beverages, snack bars, dairy alternatives, and meat substitutes. DuPont has facilities in 70 countries across Europe, North America, Latin America, Asia-Pacific, and the Middle East & Africa.

7. Axiom Foods Inc. (U.S.)
Axiom Foods manufactures protein solutions and dairy alternatives, offering North American-grown yellow pea-derived pea protein for meat analogs and allergen-friendly foods. Axiom has a presence in North America, Europe, and Asia-Pacific.

8. Burcon NutraScience Corporation (Canada)
Burcon NutraScience develops plant-based proteins for food and beverages, including dairy alternatives, ready-to-drink beverages, bars, baked goods, and meat substitutes. Burcon operates in North America, Europe, and Asia-Pacific.

9. Glanbia Plc (Ireland)
Glanbia focuses on nutritional solutions, offering pea protein and other plant-based proteins for health supplements and functional foods. It operates major production facilities in Ireland, the U.S., the U.K., Germany, and China, serving customers in over 130 countries.

10. Cosucra Groupe Warcoing SA (Belgium)
Cosucra develops natural food ingredients from pea and chicory, providing yellow pea-derived pea protein isolates. The company serves the food & beverage, specific nutrition, meat and savory, and animal feed markets across North America, Latin America, Europe, and Asia.

Other Notable Mentions:
Sotexpro (France)
Farbest Brands (U.S.)
Shandong Jianyuan Foods Co., Ltd. (China)
The Emsland Group (Germany)
Nutri-Pea Ltd. (Canada)

Top 10 companies: https://meticulousblog.org/top-10-companies-in-pea-protein-market/