The pea processed ingredients market is expected to grow in the coming years due to the increasing demand for plant-based protein sources and the rising trend of vegan and vegetarian diets. Pea protein is a popular ingredient in a variety of food and beverage products, including protein bars, shakes, and meat alternatives.

The Pea Processed Ingredients Market is projected to reach USD 5.0 billion by 2026 with a compound annual growth rate (CAGR) of 10.1%. The market value was estimated to be USD 3.1 billion in 2021. The market growth is driven by factors such as the increasing demand for plant-based protein, the growing health and wellness trend, and the rise in consumer awareness about the benefits of pea protein.

Pea protein is also a sustainable and environmentally friendly ingredient, which is expected to further boost its demand in the market. Peas require less water and fertilizer than traditional protein sources, making them a more sustainable option.

In addition, the demand for plant-based meat alternatives is also expected to drive the growth of the pea processed ingredients market. Many food companies are developing plant-based meat alternatives using pea protein, as it provides a similar texture and taste to meat.

Overall, the future outlook for the pea processed ingredients market looks positive, with increasing demand for plant-based protein sources and sustainable ingredients expected to drive market growth in the coming years.