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Showing posts with the label U.S. Pea Protein Market

U.S. Pea Protein Market Share to Witness Significant Revenue Growth

  U.S. Pea Protein Market Summary The  U.S. pea protein market  size was estimated at USD 482.9 million in 2023 and is projected to expand at a CAGR of 12.9% from 2024 to 2030. Growth is strongly supported by the rising popularity of flexitarian diets, as more consumers shift toward plant-based proteins due to health and sustainability concerns. Increasing awareness of the cardiovascular risks associated with red meat consumption has accelerated demand for alternatives such as pea protein. In addition, growing consumer knowledge of the adverse effects linked to gluten-containing foods and certain fibers is further encouraging adoption of pea protein in various applications. The U.S. pea protein market represented 22.8% of the global market share in 2023. The country benefits from the presence of major meat producers such as Tyson, JBF, Cargill, and National Foods, which are increasingly incorporating pea protein as a texturizing agent in plant-based meat and hybrid produc...