Protein Pea Seeds Market Trends and Forecast
The future of the global protein pea seeds market looks promising with opportunities in the storage feed and food markets. The global protein pea seeds market is expected to grow with a CAGR of 11.2% from 2024 to 2030. The major drivers for this market are increasing demand for plant-based proteins and alternatives to animal products, expansion of pea protein applications in the food, beverages, and animal feed industries, and growing awareness of the health and environmental benefits of pea protein.
• Lucintel forecasts that winter protein pea seeds is expected to witness higher growth over the forecast period.
• Within this market, storage feed is expected to witness higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Protein Pea Seeds Market
• Canada: Roquette and AGT Foods have announced initiatives to expand their production of protein pea seeds, targeting increased supply for the plant-based protein market globally.
• United States: The Scoular Company and Puris have invested in research and development of high-yielding pea varieties for protein extraction, aiming to meet the rising demand from the food and beverage manufacturers.
• France: Euralis Group and Bonduelle are focusing on sustainable farming practices for protein pea cultivation, with targets to enhance yield and quality to support both domestic and export markets.
• Australia: PBA Group and LEP Bio Co., are developing drought-resistant pea seed varieties suited for local conditions, aiming to boost production and supply chain resilience in the protein pea market.
• China: Yantai Oriental Protein Tech Co., Ltd., are scaling up their production of protein pea seeds to cater to the growing demand for plant-based proteins in Asia and globally, with initiatives to improve processing technologies and market penetration.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Protein Pea Seeds Market by Segment
The study includes a forecast for the global protein pea seeds market by type, application, and region.
Protein Pea Seeds Market by Type [Value from 2018 to 2030]:
• Winter Protein Pea Seeds
• Spring Protein Pea Seeds
Protein Pea Seeds Market by Application [Value from 2018 to 2030]:
• Storage Feed
• Food
Protein Pea Seeds Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Protein Pea Seeds Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies protein pea seeds companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the protein pea seeds companies profiled in this report include-
• KWS SAAT
• Agri Obtentions
• LG Seeds
• Florimond Desprez
• Nunhems (BASF)
• Senova
• Agri-Semences
Recent Development in the Protein Pea Seeds Market
• Roquette has expanded its protein pea seed production capacity with a new facility in Canada, aiming to meet the growing demand for pea protein in plant-based foods and beverages worldwide.
• AGT Foods has launched high-yielding protein pea varieties through advanced breeding programs, targeting improved agronomic traits and higher protein content to enhance market competitiveness.
• Puris has invested in vertical integration by acquiring pea protein processing facilities, ensuring a consistent supply chain from seed production to ingredient manufacturing for the food and beverage applications.
• Euralis Group has collaborated with agricultural researchers to develop sustainable farming practices for protein pea cultivation, focusing on soil health and biodiversity conservation to support long-term market growth.
• LEP Bio Co. has introduced drought-tolerant pea seed varieties tailored for Australian conditions, emphasizing resilience and yield stability to meet local and international demand for plant-based protein sources.
Features of the Global Protein Pea Seeds Market
Market Size Estimates: Protein pea seeds market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Protein pea seeds market size by type, application, and region in terms of value ($B).
Regional Analysis: Protein pea seeds market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the protein pea seeds market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the protein pea seeds market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for protein pea seeds market?
Answer: The global protein pea seeds market is expected to grow with a CAGR of 11.2% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the protein pea seeds market?
Answer: The major drivers for this market are increasing demand for plant-based proteins and alternatives to animal products, expansion of pea protein applications in the food, beverages, and animal feed industries, and growing awareness of the health and environmental benefits of pea protein.
Q3. What are the major segments for protein pea seeds market?
Answer: The future of the protein pea seeds market looks promising with opportunities in the storage feed and food markets.
Q4. Who are the key protein pea seeds market companies?
Answer: Some of the key protein pea seeds companies are as follows:
• KWS SAAT
• Agri Obtentions
• LG Seeds
• Florimond Desprez
• Nunhems (BASF)
• Senova
• Agri-Semences
Q5. Which protein pea seeds market segment will be the largest in future?
Answer: Lucintel forecasts that winter protein pea seeds is expected to witness higher growth over the forecast period.
Q6. In protein pea seeds market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the protein pea seeds market by type (winter protein pea seeds and spring protein pea seeds), application (storage feed and food), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Protein Pea Seeds Market Market, Protein Pea Seeds Market Market Size, Protein Pea Seeds Market Market Growth, Protein Pea Seeds Market Market Analysis, Protein Pea Seeds Market Market Report, Protein Pea Seeds Market Market Share, Protein Pea Seeds Market Market Trends, Protein Pea Seeds Market Market Forecast, Protein Pea Seeds Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.